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In 46 days we have the US elections.

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MATIC poised to reach 0.6000 in the next month.
During the last couple of weelcs Matic accumulated between 0.3800- 0.4300
After breaking out of this accumulation, we was a bullish triangle pattem see that the final shape
MATIC is undervalued compared to other altcoins and this bullish pattern is important for price direction
We may see Matic make any conections before growing further. The targets I sat are mid-term targets because it has great potential
You may find more details in the chart! Thank you and Good Luck!
PS: Please support with a like or comment if you find this analysis useful for your trading day

Based on the previous analysis, BITCOIN has reached the high of the 4- hour timeframe channel. At the channel high, an rising wedge pattern has formed on the 1-hour timeframe
Considening that the overall market trend is currently bullish, two scenarios can be considered for the next short-term movement
Scenario 1: Temporary Drop Before Growth:
If the bullish channel on the 15-minute timeframe breaks down (see the
figure) and closes below the price of 59669.85, BITCOIN will enter a temporary bearish phase and may reach the following targets:
Target 1:59324.58
Target 2: 58950.00
Target 3: 58411.22
Note: Target 3, based on the higher timeframe perspective (previous analysis), could be the maximum drap before the bullish trend resumes.
Scenario 2 Continued Growth from Here
If the bearish condition is not met and instead, BITCOIN grows and breaks the resistance of 60284.99, it can continue its growth in the form of an ascending triangle towards the main targets (see previous analysis).

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Binance has officially re-entered the $300 billion Indian crypto market after overcoming months of regulatory hurdles. The exchange received formal registration from India’s Financial Intelligence Unit (FIU-IND), marking its return in India after a seven-month operational ban due to compliance issues.Alongside this milestone, Binance is excited to announce the listing of Dogs (DOGS) on its platform. DOGS, a memecoin from the Telegram community, will be introduced as the 57th project on Binance Launchpool, with farming set to start on August 23, 2024.

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