ZenTradesRW

Wedge Consolidation

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COINBASE:MATICUSD   Polygon
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
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