Matic short setup target is $0.7

Polygon / United States DollarCoinbase

Description

⋅ Dec 20, 2021 4:50 PM

this scenario depend on btc movement and it will be void if btc become bullish.
target 1: $1.7
target 2: $1.4
Target 3 : $1.2
target 4: $0.7

Comments

chrishere01

⋅ Dec 20, 2021 5:03 PM

Matic being a l2 solution for Eth mostly follows ETH movement. TBH Matic/BTC will be bullish even in a bearish BTC market. Shorting matic with all the community development right now is risky IMO.

JMS_ULA

⋅ Dec 20, 2021 6:28 PM

@chrishere01 couldn’t agree with you more. People that make TA like this know nothing about polygon. Probably didn’t even watch ZK day.

Abdihalim1

⋅ Jun 28, 2022 7:22 PM

slatermaus

⋅ Dec 21, 2021 4:17 PM

I don't know about this one chief, like maybe you can short it to a $2 support level but "target 4: $0.7" is bananas

Abdihalim1

⋅ Jun 28, 2022 7:22 PM

@slatermaus ok

omgAliens

⋅ Dec 21, 2021 2:56 PM

matic is the most bullish setup of any crypto chart right now...