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MATIC/USDT BREAKOUT

By crypto_A_plus
Updated
This has been a very interesting chart, and its obviously a very interesting project. FA behind it is very strong, and the upside potential popped my eyes, its around 6x and 60x, i have seen coins pump like this in 2017 so its no surprise to see that again, if it stays above resistance it will start pushing up harder soon. TRADE SAFE
Trade active
snapshot
buying here close to trend line. stop loss under trend line
Trade active
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Going good so far, SL under dotted line.
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Moving my stop up to breakeven, from my re-entry. I'm up 10%, but my target is a lot higher.
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snapshot

Stopped out again, but it looks primed, and BTC also is on the support. so again i will re enter here.
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I know that most forex traders, day traders, and scalpers will disagree with my strategy. And say maybe i should have taken profits. But this is me trying to catch a bottom and HODL it through the whole bull market. And take my coins out of exchange. I also had a good entry on LINK the same way at 1.8$. Now i can HODL longer. And keep my coins safe out in a cold storage.
Trade closed: stop reached
Stopped out yesterday. Its under major resistance now. Will keep an eye on it.
Trend Analysis

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