Short
MATIC - Continuation of the Breakdown
Apparently Polygon is spending so much money in incentives to keep developers in their blockchain.
Once they realize it's not worth it, nothing stops it from a collapse.
TA also looks bearish, so why not short it?. Hope the SL is able to hold, otherwise I'll reevaluate.
Once they realize it's not worth it, nothing stops it from a collapse.
TA also looks bearish, so why not short it?. Hope the SL is able to hold, otherwise I'll reevaluate.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.