MATIC ready for correction - where to buy

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hi traders.

Many people are very bullish on altcoins now and so we are , however there are some altcoins which are going to underperform the market and MATIC may be one of them.
MATIC shows a lot of weakness versus Bitcoin. It's actually at the very key level which was tested many times, but we know the rule... support tested more times is likely to fail.

2 scenarios for MATICUSDT are shown on the chart.

MATICBTC can drop 28 %

Conclusion: for a time being, we would not buy MATIC as it doesn't show strength vs BTC.

where to buy MATICUSDT:
0.50 $ to play a bounce
0.32 -0.35 $ for a swing trade

Penafian

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