Short

MATIC HEADING TO A DRAWDOWN BEFORE PUMPING HARD to new ATH

Contrary to other new of bullish momentum entering the crypto market, I am clearly seeing a a broadening top formation forming its last push down before finally pushing MATIC to ATH. Although I am very bullish of the potential seen in polygon it would be foolish for me to not present you this chart and be a hopeless hopium addicted moonboy.

Overall I might only enter the market after it has tested the 1.304 support area before actually longing this coin. however for the braver souls might enjoy shorting this all the way down to the area said above which might make a very nice 31% profit before riding it up to the upside.

However if the chart pushes to the upside and closing above the 1.863 resistance and closes above it by today this pattern will be considered to be void. This is only based on my own opinion and should never be accepted as trading advice. Always DYOR before going head first into any trades guys!
Chart PatternsCryptocurrencyTechnical IndicatorsmaticMATICUSDTpolygonshortTrend Analysis

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