Matic may have found a short term bottom vs BTC short term
Updated
Not running this one with large stakes, just play money here, up from 0.000026330-0.000027100-ish so far, restraining myself from a larger play this evening. But considering the downtrend meme-line has been broken with strength, someone with a bit more energy might see this as an opportunity. Also used RSI (which appeared to have bottomed out), also considering BTC had a short term top north by about 1.5K, which might logically mean, time for Alts to run a bit before BTC might take another leg up. Not using binance for the record here, but their chart is similar to the platform I am using.
Trade active
Have an order to buy a bit more on a dip sub 27-ish, keeping it low stakes and chill if I can tonight.Trade active
Doubled my matic "position" at 00002698 (jumped the gun a bit as it went lower), but up above 27 again, and matic is one of the only alts in green on my watchlist atm. I say "position" because I already have a fair number of matic, most are staked so this is more of a speculative play, or practice.Trade active
Trade active
Have taken profits directly to grandpa (btc) on the way up, and will continue to do so...I would say this worked out nicely:Trade closed: stop reached
Most of this matic/btc position is closed, still have 2 units going for big air, but all my btc back and then some, last 2 sold at 0.000039330. Have taken profits along the way. Also I do have a staking stack of matic, so this was just a practice play with relatively small stakes for "alt-season," I guess.
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