$MATIC AND ETHEREUM BULL FLAG OBSERVATIONI expect both polygon and ethereum to complete the flag pattern extension somewhere in the grey box. ethereum is already well inside the box, and it looks likely to move higher. polygon has been unusually strong during the pullbacks and I believe it is searching for valuation. It seems polygon has much more upside to come at this point.
Currently over 3000 protocols have migrated to the Polygon network!
view here: awesomepolygon.com
Polygon combines the best of Ethereum and sovereign blockchains into a full-fledged multi-chain system.
Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:
1. It is able to fully benefit from Ethereum’s network effects
2. It is inherently more secure
3. It is more open and powerful
this information is not a recommendation to buy or sell. please conduct your own research before investing.
