Long

Matic rejects monthly and more yet cup and handle forms

151
Matic rejected the monthly resistance as well as the .382 fib. This consolidation is fairly close to a key area for forming a cup and handle as well. RSI is falling but still remains on trend. Volume is on a longer time frame relative high. The dotted line is a likely bounce zone in my opinion. I think we see another test at .9 (and fib) soon. With 1.20ish by end of year if BTC behaves.

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