Polygon - a short term analysis (important)

Updated
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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$1.7 is a buy zone
Beyond Technical AnalysisBitcoin (Cryptocurrency)breaishBullish PatternsHOLDmaticMATICBTCmaticusdMATICUSDTpolygonSupply and DemandTrend Analysis

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