MATIC-USDT(Possible shooting star bull candles and Fundamentals)
Updated
🌟⭐🌟
Depicted above 💹, we have MATIC on a 4 hour chart, MA cross gap is pretty big at the moment which is a bullish sign🐮, we also see our possible shooting star candles 😁⭐
Keep in mind it is possible we do a nice little correction ↘🤏🐻, before more blast-off.😄😅🏁🚀
FUNDAMENTAL OVERVIEW : 🧐💭📝⏬⏬
Polygon(Matic) is a very successful 2-layer scalability engine, which has been around since 2017💲🎉
Layer2️⃣ scalability allows for gas prices💲🚓on Marketplaces like OpenSea (one of the largest markets for NFTs🉑, Dapps🕹🎮, etc., which runs on POLYGON network,) to be little🤏 to none🚓😄
Polygon is now even getting it's cut out of UNISWAP🦄 V3 positions on OpenSea, where in the past 7 days UNISWAP V3 positions have moved up 2,060% to it's 25th place position of top NFTs sold on OpenSea.👇
Wow that is ironic, MATIC and UNISWAP are competitors in a sense. Not to mention, SUSHISWAP🍣 (successful reinvention of UNISWAP🦄,) is now available on MATIC network (as of about 2 months ago 🕘📆📌) 😊
😀👋👋 Here is more good news 😄😁🔽📰📰:
The MATIC network just came out with QuickDuck🦆 ( a Network yield optimizer,) which uses a compounding farming strategy.. what does this mean ? 🥱🤔⏩⏩⏩ Let's take a look 🧐🔍⏬⏬:
Users who invest on the POLYGON(MATIC) network, will soon be able to invest into the 100 and some QuickDuck🦆farming pools🟦 that the Network plans to release. QuickDuck🦆 technology is coming out this Sunday📌📆. ⏩⏩ (investors on the QuickSwap, SushiSwap🍣 and Cometh exchanges will earn more money through compounding interest, etc...)
This is an upgrade no doubt for the POLYGON network👌🆗, which previous to QuickDuck🕘🦆, investors could only withhold profit rather than just reinvesting the profits earned (compounding.)👍
This chart is just for fun⭐ and I believe MATIC will increase in price long-term🆙🆗. Networks like POLYGON are a good alternative to save on crazy GAS fees🚓💲 on overclocked networks like ETH.👌
✅🆒💗🔍📈
If you enjoy more technical approach rather than fundamental✌💹⏬⏬:
Take a look at MATIC chart WEEKLY on a logarithmic scale. It paints a pretty bullish picture 🐮🌄, if history is to repeat itself.
If we maintain bullish momentum, I will post an update with more (possible) accurate targets short-term! 😀
🛑🛑🛑This is never financial advice🛑🛑🛑 I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!
Jazerbay 🐶
Depicted above 💹, we have MATIC on a 4 hour chart, MA cross gap is pretty big at the moment which is a bullish sign🐮, we also see our possible shooting star candles 😁⭐
Keep in mind it is possible we do a nice little correction ↘🤏🐻, before more blast-off.😄😅🏁🚀
FUNDAMENTAL OVERVIEW : 🧐💭📝⏬⏬
Polygon(Matic) is a very successful 2-layer scalability engine, which has been around since 2017💲🎉
Layer2️⃣ scalability allows for gas prices💲🚓on Marketplaces like OpenSea (one of the largest markets for NFTs🉑, Dapps🕹🎮, etc., which runs on POLYGON network,) to be little🤏 to none🚓😄
Polygon is now even getting it's cut out of UNISWAP🦄 V3 positions on OpenSea, where in the past 7 days UNISWAP V3 positions have moved up 2,060% to it's 25th place position of top NFTs sold on OpenSea.👇
Wow that is ironic, MATIC and UNISWAP are competitors in a sense. Not to mention, SUSHISWAP🍣 (successful reinvention of UNISWAP🦄,) is now available on MATIC network (as of about 2 months ago 🕘📆📌) 😊
😀👋👋 Here is more good news 😄😁🔽📰📰:
The MATIC network just came out with QuickDuck🦆 ( a Network yield optimizer,) which uses a compounding farming strategy.. what does this mean ? 🥱🤔⏩⏩⏩ Let's take a look 🧐🔍⏬⏬:
Users who invest on the POLYGON(MATIC) network, will soon be able to invest into the 100 and some QuickDuck🦆farming pools🟦 that the Network plans to release. QuickDuck🦆 technology is coming out this Sunday📌📆. ⏩⏩ (investors on the QuickSwap, SushiSwap🍣 and Cometh exchanges will earn more money through compounding interest, etc...)
This is an upgrade no doubt for the POLYGON network👌🆗, which previous to QuickDuck🕘🦆, investors could only withhold profit rather than just reinvesting the profits earned (compounding.)👍
This chart is just for fun⭐ and I believe MATIC will increase in price long-term🆙🆗. Networks like POLYGON are a good alternative to save on crazy GAS fees🚓💲 on overclocked networks like ETH.👌
✅🆒💗🔍📈
If you enjoy more technical approach rather than fundamental✌💹⏬⏬:
Take a look at MATIC chart WEEKLY on a logarithmic scale. It paints a pretty bullish picture 🐮🌄, if history is to repeat itself.
If we maintain bullish momentum, I will post an update with more (possible) accurate targets short-term! 😀
🛑🛑🛑This is never financial advice🛑🛑🛑 I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Thank you so much!!!
Jazerbay 🐶
Note
Short-term possible price action let's see guys!!
Thank you so much.
Jazerbay ☯
Note
Above we have what could be a potential flag / triangle
my targets are listed on this chart
Note we also have a potential inverse head and shoulders pattern visible here
Thank you ⭐
Note
Good day traders and investors 👋🌞Thank you for understanding, this update is because we seem to be taking the red path! Unless we turn around quickly. this looks like a bear-ish update 😄🐻, let's take a look 🔍
If price breaks above small white rectangle depicted here, I think we will see more bullish run. If we fail to do so, I see likely, the red path. Additionally, we have broken down from triangle, this looks like a sell. 🆗😄Thank you!!
Note
Thank you, lets see!
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