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Hello dear community, this is my fourth assignment this week for the Investors-Team group with teachers @pelon53 and @imagen , so let's start with the assignment, today I will tell you about a new token. and complete the google form for you.

The name and token entry of the project, and in which exchange it can be exchanged, project/team/technical background

Born with the purpose of improving processes in which other networks had problems such as scalability improve the payment of transaction fees this cryptocurrency is born in the network of poligon, in 2017 the project is created a blockchain that gives us transaction security speed of transactions and above all a highly scalabre and very fast platform.

It was founded by developers Jaynti Kanani, Sandeep Nailwal and Anurag Arjun in the year 2017 this blockchain technology blockchain is decentralized and has undoubtedly one of the fastest in performing transactions about 60,000 per second inclement fast.

It is in the top #16 with a market cap of $11,383,150,977.49 currently the coin is worth $1.5 in the market.

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The markets in which it is found are Binance, coinbase, kucoin, FTC, huobi, bithumb, kraken, gemini, bitfinex, uniswap, poloniex and many more.

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Why I am optimistic about this token today and how long you think it can go up

It really is a scalable platform with an innovative project that gives us very good commissions compared to Ethereum or other networks that are extremely expensive their transactions also it is very fast almost 60. 000 transactions per minute and can validate blocks in just 2 min is a currency that gives me much optimism as it gives us a serious efficient project and can be used in the future in addition to all the other updates and improvements that come in the future I have seen many friends working in MATIC to coin their NFT and sell them later earned a lot of profits. for this I like MATIC compared to other cryptocurrencies and token.

I will place my order and perform the corresponding technical analysis with real money on MATIC/USDT

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In the following operation of the exclusively technical analysis we can rely on the patterns that we are looking at the graph where the moving averages cross giving an end to the downtrend that brought the market previously if you look as the price rises it does so with a lot of volume and strength in the ADX that shows us this force that makes the price. According to the RSI I got to overbought which tells us and gives us a place in the resistance very good to exit the operation. and indeed gave the reversal as we can see the resistance continues throughout the temporality in the graph. then my success was accurate and effective.

Buy 1.48USDT
Sold 1.50USDT

Quantity usdt buy 10.37usdt
Quantity usdt sell 10.52usdt

Stake profit = 0.15USDT

We have to be very careful in the supports and resistances because in some cases before reaching the resistance the price is returned because there are many operations at that point as well as in the supports there are wicks that can liquidate our operation therefore it is recommended to be very careful and know how to read the chart patterns and above all know how to use the right tools for the operation and have positive benefits in each operation performed.

Recommendations for investors if you want to buy MATIC.

I really recommend you to buy MATIC is a great project that is still growing currently is in good prices to buy Matic and is a coin that has projects is serious and provides a great service to the digital ecosystem unlike other tokens or assets that are only memes or do not contribute anything to the ecosystem. this project is recommended to have it in your white list of coins in your wallet safely, I recommend you do your research accordingly and start saving MATIC.

Conclusion:

The transaction was done successfully at the resistance where it was predicted thanks to the tools and indicators the conclusion was drawn where the entry point would be and the stake profit since the moving averages gave me the entry and the strength then was increasing I realized that the price would go up to that resistance level to try to break or just bounce but that was a good place to exit and earn some profit. taking into account a quite moderate risk management. one of the projects that I like the most is MATIC, it is really good, not because I have it in my portfolio because I don't have it yet, but it would be good to keep a little bit of MATIC for the future.

BY @jensys888

Cc:

@pelon53
@imagen