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MATIC failing to breakout resistance after many tests.
The last week ago we noticed MATIC testing resistance as a false breakout then trending down, today in terms of one hour frame we saw it forming a Broadening Rising Wedge with a partial rise being rejected by the resistance which could make a good sign of finishing the pattern, so I see SHORT in favor. (ALSO: Triple Top is apparent in the chart.)
NOTE: Always DYOR and stay cautious to place strict STOP LOSSes.
NOTE: Always DYOR and stay cautious to place strict STOP LOSSes.
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