MATIC - Long scenario
Updated
There are possible scenarios for matic to move upward.
targets are on the chart and keep in mind that any position you open, should have stoploss on 0.7. design your position with this SL and a good risk/reward.
in the green zone, we might have very low momentum, but as daily MACD gets above 0, it will jump.
all the idea will expire after getting lower than 0.7
targets are on the chart and keep in mind that any position you open, should have stoploss on 0.7. design your position with this SL and a good risk/reward.
in the green zone, we might have very low momentum, but as daily MACD gets above 0, it will jump.
all the idea will expire after getting lower than 0.7
Trade active
I opened my position with 50% of the assigned volume.now my stop loss is 0.7 and my first TP is around 0.92 then the other TPs are shown on chart
Trade active
although the whole market is rising, but it's not the wave to miss selling.so we sell partially at each significant profit level.
I'll make sure in the first TP at least 60% of my matic is sold for the next consolidation.
Order cancelled
not all of it. I just sold less than half of it to rebuy at a drop.Trade closed: target reached
first target reached, I sold another half and now only 30% of my matic remained in case of going further to next targets.check out my next ideas cuz I'm continuing my trades on FTM !
Trade closed: target reached
second target reached and sold off my matic for later consolidationNote
remember that matic is still more safe than many other altcoins in case of any deep consolidationNote
follow the last idea about FTM and you'll see how safe matic is
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