Spotting a nice head-and-shoulders reversal pattern forming as outlined. This coupled with the RSI indicating buying pressure as well as a MACD signal line crossing above the MACD line leads me to believe that we will see some positive price movement in Matic Token going into the weekend.
It’s not a head and shoulder pattern because head and shoulder patterns are only found at the top of an uptrend and it’s a reversal from bullish to bearish. The opposite for inverse head and shoulders (found at the bottom of a downtrend and indicate reversal from bearish to bullish).