MATIC Polygon 6 hour chart Bearish Divergence
MATIC POLYGON we failed to put in a higher RSI on the 6 hour chart. Money flow appears to be trending downward, and we may have double topped. I could see a retest of the bottom trendline of the larger equal triangle form on the weekly chart. With the break above the upper trendline on the weekly chart, I'd expect a coiling up leading to expansion that I don't recognize on the charts. Shorts should be out by now with the break of the upper trend, and nothing is happening to the upside. I'd like to be wrong and see the price move upward. I exited my MATIC position about 12 hours ago, and I am not shorting. One, because it's over the 200 MA and in the U.S, futures trading is not available or I might. Just for disclosure purposes.
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