MATIC - Good or Evil?

Updated

I don't have a position in MATIC although I might have one soon. It is just interesting to me as a chart.

Bearish argument: It's a really wicked redistribution.

Bullish argument: It's something like a bullish rectangle.

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Bullish case can be really bullish. Idk weird chart :D

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The chart is just so interesting. Repeating patterns everywhere.

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The pain... I'll buy some if it breaks this up.

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It goes fast into evil zone... This idea is completely neutral so far and I haven't bought any MATIC fyi.

Trade active

I'm short MATIC. It's a hedge.

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This is a really horrendous price action if you ask me. MATIC is weird.

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Nothing to see here. Evil does evil. Still in position.

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Update to BTC pair trend. This is actually a good place for a potential bottom but considering how evil the dollar pair is.. Does it really matter?

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Alt szn but only on BTC pairs lol. That'd be funny.

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Or it could work like this. BTC chops around 60k for a few weeks and alts do their correction then everything dumps together.

mitsandwits

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