MATIC vs BTC Scenarios
Not financial advice, entertainment purposes only.
MY OPINION
It's going to be hard for any alts to keep up with the freightrain that is bitcoin right now, but matic looks like it might be able to make some gains.
IF this is an elliot correction, then its looking very bullish. Gotta keep an eye on things to see if the macd makes a bullish crossover soon.
Also, we could just be getting ready for a small diminishing returns bounce as MATIC fades into irrelevancy.
I don't see it dipping below support however.
Mainnet launch coming soon tho, so keep an eye on it.
EDIT: That is NOT a head and shoulders pattern. I am sorry.
MY OPINION
It's going to be hard for any alts to keep up with the freightrain that is bitcoin right now, but matic looks like it might be able to make some gains.
IF this is an elliot correction, then its looking very bullish. Gotta keep an eye on things to see if the macd makes a bullish crossover soon.
Also, we could just be getting ready for a small diminishing returns bounce as MATIC fades into irrelevancy.
I don't see it dipping below support however.
Mainnet launch coming soon tho, so keep an eye on it.
EDIT: That is NOT a head and shoulders pattern. I am sorry.
Penafian
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