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CryptoManiac101
Jan 20, 2020 2:49 AM

MATIC - SITTING ON A YEAR LONG TREND LINE - CryptoManiac101 Long

MATIC Network / BitcoinBinance

Description

MATIC / BTC TA

We are sitting on nearly a year long trend line with historical movements indicating for a significant move up to occur shortly off this trend line.

Comments
Jerryklaas
Do you have a target ?
BDG
We will move up provided the year long support/resistance line at 0.00000173 will still act as support. But if we fall through it this support line will act as resistance like it did in Oct 2019. But it is worth watching, provided volume is sustained. It appears to me that the Matic Network is a sidechain like the Lightning Network.
For more info see:
coincheckup.com/coins/matic-network/purpose

I don't know much about this coin so I'm not recommending it, but at least it has a utility function.
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