Short

MATICUSDT short position (50 % profit)

By vf_investment
Updated
The upsloping support has held so far.
If we get the bounce, we expect the price to create the lower high which would be an entry for short position.

If the upsloping support fails, and the price confirms it as a resistance, it may be an entry for short as well.

Entry, Take profit, Stop loss and final target are shown on the chart.

Good luck
Trade closed: target reached
The take profit level has been reached. We're seeing a temporary bounce and next we should get the downtrend continuation.
Comment
Matic is ready for more downside
Trade closed: target reached
Second target reached
Chart PatternsHarmonic PatternsmaticMATICBTCmaticusdMATICUSDTpoligonusdtpolygonTrend Analysis
vf_investment
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