An inverse head and shoulders pattern can be seen on the 4 hour chart and volume has been higher than expected for a Sunday. In the next 12-24 hours, we should have no trouble breaking 1.50 and going as high as 1.58-1.60 before hitting major resistance. This all presumes that Bitcoin trades sideways or makes modest gains. -nfa
Polygon (MATIC) appears to be locked in a descending channel (maybe a scallop?). Based on volume and the weekend, I would expect this to continue downward until Monday at the earliest. Not much support as it pumped up so hard, so the downward price action could be substantial. Looks like some buying opportunities for those who want to DCA.
