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naphyse

$MATIC 's chart looks bearish in mid term

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MATIC Network / TetherUS (BINANCE:MATICUSDT)  
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BINANCE:MATICUSDT   MATIC Network / TetherUS
Trend Analysis Chart Patterns Technical Indicators matic polygon polygonusdt polygonmatic MATICUSDT l2 ETH Ethereum (Cryptocurrency) layer2
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trendanalysis chartpattern indicator matic polygon polygonusdt polygonmatic maticusdt l2 eth ethereum layer2
#MATIC #POLYGON 's long term bearish channel continues.Tried a fake out 1 month ago but the price 1.30 #usdt declined at top of the channel.With this weakening, retraces to mid of the channel is necessary, this means at least 1/2 of the price.If news emerge and break 1 #usd again, that is the invalidation of this scenario. Not financial advice.

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