The Last Bullish Crypto
Tim Knight | Dec 08, 2021 03:31PM ET
Although my interest in crypto has experienced its own kind of bear market (psychologically speaking), there is still one (and only one) crypto chart that I can still say, with a straight face, is bullish. It is Polygon MATIC.
I will say this, however. There used to be plenty of crypto charts that I could declare as bullishly-configured, but almost every one of them failed. To be fair, I still believe this entire sector is as chart-friendly as I’ve always said, and they certainly gave ample warning that they were failing. But my point is that these bullish set-ups have been, to borrow a word that Fed Chair Jerome Powell isn’t using any more, “transitory.”
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