Corto

Polygon MATIC heavy coin inflow into exchanges

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Next week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.

MATIC/USDT short
Entry Range: $0.80 - 0.85
Take Profit 1: $0.75
Take Profit 2: $0.71
Take Profit 3: $0.62
Stop Loss: $0.97

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