Matic is on a ride. Yet a fall can confirm its direction.
Hello everyone. I hope everyone is well.
I recently got lot of request to put up matic and here it goes.
Matic is a veryy good buy (I am SAYING this because i know) and yet long HODLERS need not to worry. Yet new buyers need some direction as-to where can this moment lead to.
Now as matic fell, most likely it has to be following a parallel channel, small swing can test 200SMA, but what my concern is it could yield profit both ways, currently matic is in a sidephased momentum where mostlikely 0.7962 if it not stays likely to fall for more till mentioned, It is a cumulative analysis I have done based on Days Week and Months chart and is not suitable for Day trades, though this synopysis can be taken to manually do trades as you wish. Most likely 0.9099 can lead it to a great space as usual. But for sure, if altcoins roll, they might,
But if someone asks me, what you'd feel for long term? It is $20 and above. Keep holding Matic.
I recently got lot of request to put up matic and here it goes.
Matic is a veryy good buy (I am SAYING this because i know) and yet long HODLERS need not to worry. Yet new buyers need some direction as-to where can this moment lead to.
Now as matic fell, most likely it has to be following a parallel channel, small swing can test 200SMA, but what my concern is it could yield profit both ways, currently matic is in a sidephased momentum where mostlikely 0.7962 if it not stays likely to fall for more till mentioned, It is a cumulative analysis I have done based on Days Week and Months chart and is not suitable for Day trades, though this synopysis can be taken to manually do trades as you wish. Most likely 0.9099 can lead it to a great space as usual. But for sure, if altcoins roll, they might,
But if someone asks me, what you'd feel for long term? It is $20 and above. Keep holding Matic.
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.