Matic potential downside
I understand with the BTC ETF hype and narrative pushing towards alts we could see more upside but based on technical analysis we are at some key areas.
- Potential triple top formation in the range.
- Potential head & shoulder formation
- A key descending resistance line that dates back to late 2021 and early 2023 - We have seen another rejection off the area around late December 2023 again.
Don't get me wrong I am still very bullish in this space but a healthy correction is not something we shouldn't sleep on
- Potential triple top formation in the range.
- Potential head & shoulder formation
- A key descending resistance line that dates back to late 2021 and early 2023 - We have seen another rejection off the area around late December 2023 again.
Don't get me wrong I am still very bullish in this space but a healthy correction is not something we shouldn't sleep on
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