PukaCharts

MATIC MIGHT

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PukaCharts Uppdaterad   
BINANCE:MATICUSD   MATIC Network
MATIC/USD and MATIC/BTC

- Both reaching into oversold levels on the RSI
- Both in parallel channels & near or at bottom

A long term accumulation window may be opening here

Its very important to review my TOTAL 2 and TOTAL 3 Altcoin charts which shoe that a secular bull run for alts is more probable between Dec 2023 and Mar 2024.

Regardless now is the time and over the next 6 months to be considering accumulation for LONG TERM trade.
Kommentera:
The parallel channel and potential pennant on the BTC pair have held up beautifully.

Gradual DCA'ing during accumulation windows for a long term position is easy, IF YOUR THE PATIENT TYPE. I don't see why we could not do a little DCA here for a 2 to 3 year window
Kommentera:
PRESS PLAY FOLKS and see whats happened since i shared. AN Opportunity awaits

Polygon MATIC

MATIC did not outperform BTC since 2021 but its held its ground in the parallel channel v's BTC (right chart)

An entry here on the BTC pair with a stop placed under channel support (c.1520 sats) may provide for increased BTC returns later in the cycle MATIC

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