Matic - could drop by 50% ❗❗

19 lug 2021

Many participants were asked to talk about the Matic Network. A project that has grown by as much as 15,000% in the last six months.
Now the project, like the main cryptocurrency, has been moving in a downward pattern for about 80 days. It has corrected 70% from its high, but there is still room to fall, and we will now look at the most realistic scenario.

The Matic is now approaching the $0.75 level and is likely to go down, which will probably lead to a breakout. If the price breaks through and tests the $0.75 level as resistance, a 50% drop is possible.

Write in the comments all your questions and instruments analysis of which you want to see.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade

27 lug 2021

Nota

false breakout