Good Afternoon Traders,
Matic has reached my second target of $1.04 at which point another sell order was triggered. I increased the size of the sale to over half of my position allotment for this trade only because we are still unsure of what BTC will do next and how the ALTS might handle it. If BTC still has more upside, I do not imagine there is much left. Maybe 55-56k max before more of a pullback occurs. If it continues sideways, then that may give various alts their time to shine quickly before dumping. Of course, if the big dawg does pull back and under our RED TL (below), ALTS will start to sell quickly. I personally am leaning towards a pullback to at least 48k soon. And thus the reason I took the majority of MATIC off of the table before reaching it’s 3rd and final target here. ALTS are starting to flutter out.