Matic might break lower here and retrace

220
At first glance this is a bullflag being painted / accumulation before take-off, but I've traded matic during it's run up to ATH and it's just not showing anything near the strength that it was showing before.

Narrative also seems weaker now that ETH gas fees have become more acceptable and EIP1559 is just around the corner.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.