Bixley

Polygon (MATIC) Bearish Below Major Trendline

POLONIEX:MATICUSD   Polygon
Price is currently sitting under a major trendline that has formed
The structure that has formed under looks to lack momentum to break this trendline

Some cool symmetry within the fib circle and price can be seen within the oval (a) Both arising from a base (rectangle) formation
I wouldn't enter this unless you believe in the project and foresee its future as bright
I would wait for a better entry

Penafian

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