$MATIC Buy The Rumor Sell The News - Update!
$MATIC had a great run from it's new low since the big pump two months ago due to an announcement of Coinbase KEYWORD: "EXPLORING" LISTING NEW ASSETS etc. Remember, these are short term catalyst in this market. We are not going to see a listing until later in December. Mainnet deploys in December, Coinbase doesn't list projects without mainnet been active.
Nevertheless, this is a good movement and shows that $MATIC has tons of supporters and believers that are waiting in the sidelines to jump right back at it. I am a permabull on this project and just HODL a large long position, and add large sums at these super dips like the 80 sats, that I posted and NAILED IT!
I hope you are one taking profits and 2 protecting your capital. September 12 is around the corner, expect a major sell off of all alts. My early post I was targeting as my T2: 62 sats. I am not sure we can there, however if BTC takes off to $16k which, I think is coming this month or early September and the US ban on Binance, MATIC and other alts will all plummet.
This is not an overnight reaction FYI - This is going to happen over the course of August & into September. I expect a little upside to 155 sats +- but ultimately finding some support around 130 ish until we sell off slowly back to ground zero support T1 - T3.
T1: 95 - 100 sats
T2: 80-85 sats
T3: 60-65 sats
Follow the trend as right now you experienced a parabolic move with the MM back in action putting up a 200 BTC buying wall and dropping out immediately.
Happy trading & Stay Safu.
Nevertheless, this is a good movement and shows that $MATIC has tons of supporters and believers that are waiting in the sidelines to jump right back at it. I am a permabull on this project and just HODL a large long position, and add large sums at these super dips like the 80 sats, that I posted and NAILED IT!
I hope you are one taking profits and 2 protecting your capital. September 12 is around the corner, expect a major sell off of all alts. My early post I was targeting as my T2: 62 sats. I am not sure we can there, however if BTC takes off to $16k which, I think is coming this month or early September and the US ban on Binance, MATIC and other alts will all plummet.
This is not an overnight reaction FYI - This is going to happen over the course of August & into September. I expect a little upside to 155 sats +- but ultimately finding some support around 130 ish until we sell off slowly back to ground zero support T1 - T3.
T1: 95 - 100 sats
T2: 80-85 sats
T3: 60-65 sats
Follow the trend as right now you experienced a parabolic move with the MM back in action putting up a 200 BTC buying wall and dropping out immediately.
Happy trading & Stay Safu.
