Chart of the Day - Wednesday, December 22nd, 2021
December 22, 2021
Today’s Chart of the Day was shared by Steve Deppe (@SJD10304). It's a daily bar chart of the 14th largest Cryptocurrency, Polygon ($MATIC), over the past year. Bitcoin has been a mess recently and Ethereum hasn't been much better. But, there are still pockets of strength in the Crypto markets, and Polygon is one of the most attractive setups out there right now. Steve points out that Polygon is breaking out of a seven-month base within a strong uptrend. As long as price is above $2.50, there's a good chance that it makes a fresh leg higher.