TheAlphaTrades

MATIC Long

Long
COINBASE:MATICUSD   Polygon
I'm spot long on MATIC and with the recent flush, as long as the entire market does not enter a bear trend, I expect MATIC to be a significant outperformer. We had a massive leverage clean-up. OI sits near $13B. Huge selling activity in MATIC and it's barely off -20% from ATH. Expecting lift-off in less than 1 week towards $3-4 range.

Not financial advice
Comment:
Game plan
Trade closed manually:
Closed MATIC


Time to focus on BTC. I think the next few weeks BTC will be the focal point of the market and trading.

Short for now.

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