MATIC is about to breakout and challenge resistance levels... here are the ones I see:
2.72 - Previous ATH/ price discovery 2.85 - Uptrend 3.61 - Uptrend 4.35 - 1.618 Fib from genesis to 1.0 @ previous ATH
MATIC is a beautiful beast benefitting both from L2 on ETH and in its own right as a competing layer 1 (SOL, AVAX, etc.)
2022 should be a stellar year for MATIC, Many are calling for $10 and that looks completely in the cards as a BoT. I'd look to sell chunks at $4.35, $7.00, and $9+.
If you see a return to touch the orange bull market support line at ~$2 ... that has been a great opportunity to buy.
Thanks. I have a big chunk and we're in discovery. I honestly have no idea when to unload. Appreciate the insight.
culbert425
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@MrDamage-, taking profits with minimal taxes is always the right answer. With MATIC, I'll be keeping a long term moon bag, it is just too well positioned. I'll sell chunks of 20-25 % as I suggested and be ready to dive back in on 50% retraces when they come along. MATIC is a long-term winner in my mind.
MrDamage-
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@culbert425, That feels sound. I'll start with that! Thanks, bro.