Polygon - a short term analysis (important)
Updated
There are 2 scenarios
If Bitcoin continues to fall, Matic is likely to miss this short uptrend and could drop as low as $1.7
But BINANCE:MATICUSDT has enough power to keep climbing and even touching ATH at $2.7 (even with a slow BTC drop)
However if the yellow trend line breaks, You can sell a small amount of your Matic for around $2.02 and wait for lower prices to re-enter
Remember that MATIC Supply on exchange is less than 0.2% and is still decreasing ..
Dear Friends, It would be nice to show your support by liking and maybe posting your comment
Good time
If Bitcoin continues to fall, Matic is likely to miss this short uptrend and could drop as low as $1.7
But BINANCE:MATICUSDT has enough power to keep climbing and even touching ATH at $2.7 (even with a slow BTC drop)
However if the yellow trend line breaks, You can sell a small amount of your Matic for around $2.02 and wait for lower prices to re-enter
Remember that MATIC Supply on exchange is less than 0.2% and is still decreasing ..
Dear Friends, It would be nice to show your support by liking and maybe posting your comment
Good time
Trade active
$1.7 is a buy zone
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