Technical analysis by UnknownUnicorn17387766 about Symbol POL: Sell recommendation (4/27/2023)

MATIC redistribution? The example redistribution chart is from this article: stockcharts.com/arti...n-the-evil-twin.html I like the similarities. I've been trying to make sense of MATIC chart for some time. This is my best bet as of now. Personally got a small short from 1.204.Comment: The point is.. If this is not the case, I guess I'm out of ideas. I don't know what this is. This part is interesting for me. I mean reaccumulation? Idk it doesn't make sense to me.Comment: Look at this part. This is obviously a distributive behavior.Comment: I'd like to see this fresh line become a resistance.Comment: Weird.Comment: We shall see.Comment: There is a iH&S bullish argument on this timeframe. Invalidate that and bears are all good.Comment: Imagine not shorting this. Added a lil bit here. 1.195 new average.Comment: Cool. Target range bottom (0.76)Comment: Not my target I mean :D Target of this PA. I will hold until I see a very good bullish argument.Comment: It might seem unrealistic for the majority of crypto people but it is what it is. If this is a redistribution you expect a serious new market low. Such as:Comment:Comment: Nature says down. Let's see if someone interferes or not.Comment: Reduced size by 50% here @1.118. Something doesn't fit.Comment: I think a visit to +$1.30 is probable.Comment: I might be wrong about short-term bullish potential. I wanna see it trading below $1.08.Comment: Weekly close is bad. Bearish continuation is more likely this week.Comment:Comment: Not so different, is it? Copy of the distribution. Literally re-distribution.Comment: We are seeing signs of redistribution on this frame too imo. Market makers can create big ranges whenever they want, whether you like it or not.Comment: Increased size again. This week slow next week bearish continuation imo.Comment: We are in the next week. fyi :DComment: Reduced size by 50% @0.955. Negative funding. Too sharp move. It's better to reduce risk here.Comment: It was kinda obvious. I expect days of sideways. In my bearish view at least.Comment: Me exposing plans of MATIC whales lately. Let's see if I'm right for the last one.Comment: Trade for a bear is simple. You don't want it back above this level: