Long

MATIC (Polygon): Buy the Dip Strategy in short term

Updated

Hi everyone!
Matic Polygon' main trend is still bearish , but we do not rule out some interesting corrective moves in the near term. If our analysis is correct, it might be interesting to accumulate on corrective swing and let Long positions run to 0.9304 as first bullish target.

If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖

Note

Trade closed: target reached

Note

...can it reach TARGET 3 ,too?

Note

...continue
(click on chart below)

Polygon (MATIC): Target 1 and 2 hit! ...and now what's the next?

Note

SWOOSH Studio, Nike's home for virtual co-creation, launches this Wednesday 1/25. Last month, the .SWOOSH community voted on their favorite AF1 sneakers to influence the upcoming Our Force 1 collection journey.

Note

Layer 2 scaling solution Polygon squashed a new milestone in user activity as 2022 wrapped up. Despite the bearish market conditions recorded in the year, Polygon has surpassed the 200 million mark in total unique addresses, according to Polygonscan.

The total number of distinct addresses was 202,407,626 as of Dec. 25, according to Polygonscan, with a daily increase of 599,702.

Although 2022 was a difficult year for cryptocurrencies, marked by industry failures and falling prices, Polygon saw significant collaborations this year. This helped boost its unique addresses, which increased by as much as 54% in the year 2022.

Reddit's August launch of digital collectibles powered by Polygon was a hugely popular adoption event. Reddit users have created almost five million collectible avatars thus far.

In May, Meta — formerly Facebook — began testing a digital collectibles feature on Instagram, allowing chosen U.S. creators to post NFTs that they created or purchased.

In November, the business announced that all Instagram users would soon be able to mint, showcase, and sell digital collections powered by NFTs on Polygon, providing creators with a new method to communicate with and monetize their fan networks.

Robinhood chose Polygon as the network of choice for its launch of Web3 wallet beta in September. This would enable Robinhood Wallet users to swap tokens, get rewards and connect to decentralized apps (dApps) after downloading the beta version of the program, all while incurring no network fees.

Starbucks has announced a collaboration with Polygon to create a Web3-based Indian e-commerce marketplace, Flipkart, as both enter into a strategic agreement to establish a blockchain-e-commerce center of excellence (COE).

Trade closed: target reached

TARGET 3 hit!

Note

TheAnonymousBanker

🔴 Trading Room=> 🌐 patreon.com/AnonymousBanker

Also on:

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.