MATIC ready for correction - where to buy
hi traders.
Many people are very bullish on altcoins now and so we are , however there are some altcoins which are going to underperform the market and MATIC may be one of them.
MATIC shows a lot of weakness versus Bitcoin. It's actually at the very key level which was tested many times, but we know the rule... support tested more times is likely to fail.
2 scenarios for MATICUSDT are shown on the chart.
MATICBTC can drop 28 %
Conclusion: for a time being, we would not buy MATIC as it doesn't show strength vs BTC.
where to buy MATICUSDT:
0.50 $ to play a bounce
0.32 -0.35 $ for a swing trade
Many people are very bullish on altcoins now and so we are , however there are some altcoins which are going to underperform the market and MATIC may be one of them.
MATIC shows a lot of weakness versus Bitcoin. It's actually at the very key level which was tested many times, but we know the rule... support tested more times is likely to fail.
2 scenarios for MATICUSDT are shown on the chart.
MATICBTC can drop 28 %
Conclusion: for a time being, we would not buy MATIC as it doesn't show strength vs BTC.
where to buy MATICUSDT:
0.50 $ to play a bounce
0.32 -0.35 $ for a swing trade
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.