Polygon - a short term analysis (important)
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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 ..
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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
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$1.7 is a buy zone
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