McGorgeous

Polygon (MATIC)- Huge setup forming

Long
FTX:MATICUSD   Matic
K this is my personal reference material for benchmarking purposes only. not for you or to be construed as adivce. i'm not a financail advisor or professional. yadadydyayd

As with a couple of my favorite 'next level' eth projects, their adoption and accessibility (and so there next major move) got held up by (what i can't believe wasn't a forethought) rediculous gas fees and eth 1.0 transaction limitations. REally? no crypto OG or blockchain developer thats been through three super cycles said 'hey guys, we might run into capacity or efficiency issues if say....idk eth went from $300 to $2,000 and institutional adoption comes about?!

I digress. I'm sure the smart people sall this coming and benefited from it financially. Well...now we (i mean I CAN because this isn't for you) can benefit from this same insight. Its no secret that Matic, Link, Uni, among others got held up by eth. ETH is demonstrating just how held back it was right now. Its at $2,450 and climing at the time of this writing. BTC's fat ass is taking 2 days to dip its to into quadruple checking it flipped resistance for support at $62,000.

Well if ETH is finally at the point where it just don't give a f*ck cause its got to be free....Well so Link is following, Matic next and then probably uni....why uni last you ask? well...exchanges are alot more prolific then they were and these centralized exchanges can 'package' their transactions off-chain before submitting them onchain. Uni won't have to worry about this for long though. Because there are so many more new projects that don't meet the liquidity and capital requirements to be listed on exchanges. More than ever!

And the biggest difference this cycle? Its not a bunch of frosh blockchain hobbyists getting high in their basement developing potcoin or porncoin.


Anyway, matic is overdue. you can see on the chart huge RSI divergence. couldn't it on the same scale but fib channels, ghost patterns and...AND lets not forget MATIC's purpose. Its a vehicle. A template. A simple tool that can allow the developement, cross-chain interoperability and still over limitless creative freedom to the developer.

Best anaology off the top of my head.....minecraft powered by ethereum, but with tbe ability to play the same way on any console and interact live with friends whether its switch, xbox, pc, ps5, smartphone app, ...you get the idea.

IMHO it command a bigger market cap than UNI and LINK.....COMBINED. And maybe (just maybe)...this cyle. Oh did i mention it is even compatible across versions? It can seemlesly function across chain AND across eth 2.0 or 1.0

$2 price target in 2 weeks. cray cray.

McGorgeous

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