matic usdt

al higher TF is bearish , distribution since 7 july and keep going until end of 2019
order book disbalance, demand is zero.
dominance/supply chart is bearish as well - charts.cointrader.pr...o/snapshot/0coUo.png
other IEO coins (scams) share same dumpy behavior.

Commento:

Cycles:

Commento:

confirmed cycles:

Commento:

nothing is changed. wash trading at extreme level and bearish for the next 3 month and possible more, on going distribution (binance exchange bot and matic team dumping big volume non stop), problems with matic team (looks like everyone left matic, they hiring right now)

IEO coins it's one of the bad performing coins ever listed on binance (out of all other alts), definitely not recommended for a trading in the next 3-6 month

Commento:

moved according to the plan. matic just flash crashed again. expect it on TL 0.00632 in a couple of days and catch for a weak dead cat bounce.
risky trade anyway, because it's dangerous to trade India based Ponzi coins

Commento:

bounced on coinbase listing..however, still rejection at marketcap.
charts.cointrader.pro/snapshot/sORL9