quantmaven

MATIC has nearly completed a head & shoulder pattern

Short
COINBASE:MATICUSD   Polygon
MATIC has been firing from all cylinders over the last 24h. However, this rally may take a temporary break with the resolve of a head & shoulder pattern. We expect the price to fall back to 1.95-2.00, which corresponds to the previous high / new support. However, we must wait for the neckline to be broken to validate the pattern.
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