💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
The 1.1$ is a reliable zone to start buying MATIC. This zone could help MATIC in moving up to 1.3$, 1.5$, 1.8$ and 2.2$ zones in October. But if it loses 1.1$ zone, the 0.95$ zone is next support that we need to watch out
📈RED PLAN 🔴Buy : 1.075-1.125$. SL if B
🔴Buy : 1.27-1.33$ if A. SL if B
🔴Buy : 1.47-1.53$ if A. SL if B
📉BLUE PLAN 🔴Sell : 1.27-1.33$. SL if A
🔴Sell : 1.47-1.53$. SL if A
🔴Sell : 1.76-1.84$. SL if A
🔴Sell : 2.15-2.25$. SL if A
🟣PURPLE PLAN 🔵Sell : 1.075-1.125$ if B. SL if A
🔵Buy : 0.925-0.975$. SL if B
❓Details 📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer.
Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.