Long

MATIC - Bullish Flash on THIS Indicator 📢

Updated
📉Hi Traders, Investors and Speculators of Charts📈

If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - we just saw a bullish "BUY" signal flash on the weekly from a powerful indicator!

Polygon is unique in that it's a blockchain platform designed to work with another blockchain platform. It improves Ethereum's scalability - which we all know if the biggest problem of ETH. ETH dApps can use Polygon's sidechains, thereby making it a functional and fundamentally great choice as an altcoin asset.

One of the exciting things about Polygon is the partnerships it has established. Many big brands are working with Polygon to launch their NFT projects. Current partners include:

✅ Walt Disney
✅ Starbucks
✅ Meta Platforms
✅ Nike
✅ Mercedes
✅ Google
✅ Adidas
✅ Adobe
✅ Mastercard
✅ Reddit

While it might not pump as hard as other altcoins, it's also far less likely to fail than smaller , newer cryptos with similar aims - and it still has plenty of room to grow. Its partnerships make it an interesting buy for those who are interested in a well diversified portfolio, containing assets with real-world use case and strong fundamentals.

A possible scenario like this seems possible IF we can maintain closing daily candles ABOVE the diagonal trendline (support):
snapshot

A drop and CLOSE UNDER this zone invalidates short term bullish sentiment:
snapshot

If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.

_______________________

📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍

CryptoCheck

BINANCE:MATICUSDT
Note
MATIC Targets, near term:
snapshot
altcoinALTSaltseasonFundamental AnalysisTechnical IndicatorsmaticmaticlongmaticnetworkmaticusdMATICUSDTpolygonTrend Analysis

Discord Server
discord.gg/xHJRka3

Cryptocheck Website
thecryptocheck.com

SoftQuant Website
softquant.io
Also on:

Related publications

Disclaimer