Polygon is Likely to Continue Down
Polygon is likely to continue alongside a downtrend that was established since October 4 despite an upside correction of the recent five days. This idea is supported by weak efforts of the coin to break through the resistance of the downtrend. Thus, it would be interesting to consider short trades from 0.5358-0.5444 with a target at 0.5000, the low of October 12. The stop-loss could be set slightly above 0.5595, the high of October 9.
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