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MATIC Descending Channel

MATIC Descending Channel

Polygon (MATIC) appears to be locked in a descending channel (maybe a scallop?). Based on volume and the weekend, I would expect this to continue downward until Monday at the earliest. Not much support as it pumped up so hard, so the downward price action could be substantial. Looks like some buying opportunities for those who want to DCA .
Published at Fri, 11 Jun 2021 19:32:14 +0000

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