Matic Long
Updated
Matic should bounce from here because down from here is breakdown which i think will not happen yet because BTc still have room for upside.
Entered Long
Entry 0.7950
Stoploss 0.7850
TP 0.9
Note: Not a Financial Advice.
Entered Long
Entry 0.7950
Stoploss 0.7850
TP 0.9
Note: Not a Financial Advice.
Note
Added heavily in 7880.RR is around 25 from here..
Cutting it if doesn't hold and continue for more drop.
Trade active
Closed out on the first one but i clearly see a pump from here.So longing again in below here 0.7730
Holding below recent low is invalidation.
Targeting 0.9 1 and 1.2.
Note
Technicals and chart suggest that Matic is Bottomed for this bear cycle.HTF and cycle analysis is giving me a Top of 10-12$ for this coin.
Note: I am not holding the trade for that long i trade level to level.
That's just my thoughts and idea about this.
I am long from lows with avg entry around 0.7770.
Even if market go Bearish i expect this to move up so the trade is still valid untill and unless clean break below recent lows happen.
Note
Taking some off here at 0.91.Trade closed manually
Expecting a strong retrace.
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