MATIC Just Bounced Off This Support Zone [Quick Updates]
Updated
Hey all, here’s another entry on my tradingview series called 'Quick Updates'.
We see that the price just hit a support zone around 165 sats. The support zone rejected all the bears, and the bulls immediately took over. This gives us a nice and clean 6% opportunity for a scalp trade towards the nearest zone of resistance. I added suggestions for where to place limit orders on the chart.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
If you want to learn more about how to place your limit orders including entry, stop-loss and take-profit, check out:
If you want to learn more about the psychology behind trading, check out:
We see that the price just hit a support zone around 165 sats. The support zone rejected all the bears, and the bulls immediately took over. This gives us a nice and clean 6% opportunity for a scalp trade towards the nearest zone of resistance. I added suggestions for where to place limit orders on the chart.
--- What is The Quick Update Series All About? ---
I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
About the links below:
20% Discount on Binance: Did you know that Binance introduced a new system where you can get 20% discount on your fees? Find the step-by-step guide on how to add it to your account on the website of 100eyes
Forex & Crypto Scanner: Nobody can keep track of all the pairs on all timeframes. This scanner works on Telegram and sends an automated message including a chart every time something happens to a coin. E.g. it can automatically detect areas of support and resistance, RSI Divergences, Fib Retracements, and more.
If you want to learn more about how to place your limit orders including entry, stop-loss and take-profit, check out:
If you want to learn more about the psychology behind trading, check out:
Trade active
Looks like the price is indeed bouncing off the support zone. This will be your last moment to still enter this trade!Note
It's going faster than I expected. If you weren't inside already, don't enter the trade anymore. The price is at a mini resistance level, so it can go both sides now.
Trade closed: target reached
What an absolutely perfect trade. Congrats to everyone who participated with me in this one!
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.