ZenTradesRW

The GOAT is Back

Long
COINBASE:MATICUSD   Polygon
MATIC bouncing hard off support and showing big relative strength today, hanging out near the high of the day, while the rest of the altcoins (incl. Ethereum) are near their lows of the day. Two large developments acting as catalysts:

September 14 - Announced partnership with EY's blockchain services division

September 17 - Announced that it will be listed on Bitfinex soon

Think MATIC has a good shot at breaking through the $1.75 level on the next retest
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.