MATIC- Taking some Profit

MATIC might be taking a break for the moment as we see resistance and a drop to 0.45 is more possible.
NEWS:
Polygon’s native MATIC tokens surged 25% in 24 hours as its development team launched a product for allowing more private voting in decentralized autonomous organizations (DAOs).
MATIC traded at more than 50 cents in European hours Thursday, up from 40 cents early Wednesday, hitting resistance at those levels. The tokens could surge to the 58-cent level if buying demand persists.
Great news, great project but our charts says 'take profit' and buy again a bit lower or higher over the reisstance.
One Love,
the FXPROFESSOR
NEWS:
Polygon’s native MATIC tokens surged 25% in 24 hours as its development team launched a product for allowing more private voting in decentralized autonomous organizations (DAOs).
MATIC traded at more than 50 cents in European hours Thursday, up from 40 cents early Wednesday, hitting resistance at those levels. The tokens could surge to the 58-cent level if buying demand persists.
Great news, great project but our charts says 'take profit' and buy again a bit lower or higher over the reisstance.
One Love,
the FXPROFESSOR
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📣 Professor's Public Telegram:
💬 t.me/fxprofessor88
🌍🚀 CryptoGPT Trading Agent is the Future:
cryptogpt.io/
💹 Join My Forex Community:
fxprofessor.com/forex-special
💬 t.me/fxprofessor88
🌍🚀 CryptoGPT Trading Agent is the Future:
cryptogpt.io/
💹 Join My Forex Community:
fxprofessor.com/forex-special
Related publications
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.