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ZenTradesRW
Jan 4, 2022 3:31 PM

Wedge Consolidation Long

Polygon / United States DollarCoinbase

Description

MATIC forming a wedge pattern right on the 21 day. Think this breaks out to the upside if BTC can recover.

A little bit of profit taking and rotation into laggard L1s occurred but seems pretty mild so far. Volume/selling pressure has died down over the last several trading days.

MATIC still has one of the best charts in crypto atm
Comments
MajinJoe
So many mixed reviews, would you say this is a buy now?
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