TradingView
ronddf10
Apr 29, 2022 10:28 AM

$MATIC heading back to 0.60$? 

Matic / USDFTX

Description

if bitcoin keeps dropping again on the price and sentiment is bearish as it is for the moment , MATIC is simply following the other market trend and will continue to drop further , watch for these level to be broken and then retested , once level is broken it will get retested and if its rejected next level down is possible , same for upside too , be cautious on this hard times and be sure you DCA into market in lower prices so you can profit in next bullish phase.
Comments
MajinJoe
Do you think matic will go even further down from here? obviously just had a nice 20%+ bounce with the rest of the market but curious if you think getting out now is better. I bought at .57
ronddf10
@MajinJoe, in my opinion Matic will touch 0.20's if btc is to test 20K again , i'll wait for that we're in a confirmed Bear Market ,and prices go lower than people expect , so if your entry is high take profits and live for another day , or at least put your stop loss at break even.
chrishere01
this was spot on in the title. took a more direct route south ;)
More