Polygon price risks 50% drop as MATIC paints inverted cup and handle pattern

by Aurelia Butler 12 February 2022, 19:00 169 Views

MATIC’s recent rollover from bullish to bearish, followed by a rebound to the upside, has led to the formation of what appears like an inverted cup and handle pattern — a large crescent shape followed by a less extreme upside retracement, as shown in the chart below.

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Source: Cryptocurrency - investing.com

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Polygon price risks 50% drop as MATIC paints inverted cup and handle pattern

Finance Redefined: Alchemy raises $200M, Bunny goes DAO, Feb. 4–11

Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12

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