PRO_SMART_Trader

Matic Network (MATIC/USDT).... FUND & TECH analysis!

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
✅What is Matic Network (MATIC)?
Scalable, Instant, And Secured Transactions for Blockchains.
Matic Network is a layer-2 scaling platform that enables fast, easy, and secure off-chain transactions for not only payment transactions, but also generalized off-chain smart contracts.

Some of its key features include:
1️⃣Scalability: fast, low-cost and secure transactions on Matic sidechains with finality achieved on mainchain and Ethereum as the first compatible Layer 1 basechain
2️⃣High throughput: achieved up to 7,000 TPS on a single sidechain on internal testnet; Multiple chains to be added for horizontal scaling
3️⃣User experience: smooth UX and developer abstraction from mainchain to Matic chain; native mobile apps and SDK with WalletConnect support
4️⃣Security: Matic chain operators are themselves stakers in the PoS system
5️⃣Public sidechains: Matic sidechains are public in nature (vs. individual dApp chains), permissionless and capable of supporting multiple protocols
Community strategy overview
Matic's main community focus has been to attract more and more dApp developers to build on the network.
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✅TECHNICAL ANALYSIS

As you can see in the logarithmic chart .... it is advancing in a gentle uptrend channel and is now approaching the bottom of the uptrend channel and riding on the Fibonacci support line at around 0.016 $... it could be a little lower Come too.
This long-term analysis is more suitable for those who have a long-term perspective
Note: Buy step by step, And observe the stop-loss
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades.

Comments

Thanks for the hopium! Wish I dumped MATIC a couple months ago. Set it and forget it...

BTC dominance is killing every Alt, it's crazy! Patience, patience, patience.
+1 Reply
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