Is it a good time to buy Matic?
hey guys,
let's have a quick analyze
as you can see right now we are in a zone that can be both hard resistance or support lines(why I say it's a hard zone? because before breaking, the price attacked this zone 3 times and failed to break so that it can tell us that this zone is a firm and hard one to break but when it breaks I think we can pump)
I drew a channel too also you can see the MA 100 line crosses the bottom of the channel so that it's a very good support line and we can buy Matic from that price however we must always see how BTC doing after that go buy altcoins. (if the BTC situation changed we can start buying Matic after breaking this zone [1.722~1.797])
my final target is 3.4$ which means the top of the channel after that I completely cash out from this coin.
never forget investment principles and do your research before investing.
good luck.
let's have a quick analyze
as you can see right now we are in a zone that can be both hard resistance or support lines(why I say it's a hard zone? because before breaking, the price attacked this zone 3 times and failed to break so that it can tell us that this zone is a firm and hard one to break but when it breaks I think we can pump)
I drew a channel too also you can see the MA 100 line crosses the bottom of the channel so that it's a very good support line and we can buy Matic from that price however we must always see how BTC doing after that go buy altcoins. (if the BTC situation changed we can start buying Matic after breaking this zone [1.722~1.797])
my final target is 3.4$ which means the top of the channel after that I completely cash out from this coin.
never forget investment principles and do your research before investing.
good luck.
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