MATIC/USDT : Both side have the profit for your portfolio !
BINANCE:MATICUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#MATIC is moving in a flat-top triangle, In other word; It has formed a bullish triangle and now the movement is approaching the edge of the pattern.
There will be scenario to play and both have separate profit on the movement, So we'll try to catch the majority and take the advantage into break out/down confirmations...
- Breakout above $2.700 with potential 60% LONG's profit on it :
In any terms of breakout above the higher resistance zone ; It'll confirm the bullish bias into the major movement and we can take a LONG on the breakout confirmation and set our SL as a candle close below our entry zone !
- Breakdown below $2.050 with potential 30% SHORT's profit on it :
In any terms of breakdown below the dynamic support zone ; It'll confirm the bearish bias into the major movement and we can take a SHORT on the breakdown confirmation and set our SL as a candle close above our entry zone !
📚 The meaning of the entry zone is the mentioned blue/red area of interest !
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#MATIC is moving in a flat-top triangle, In other word; It has formed a bullish triangle and now the movement is approaching the edge of the pattern.
There will be scenario to play and both have separate profit on the movement, So we'll try to catch the majority and take the advantage into break out/down confirmations...
- Breakout above $2.700 with potential 60% LONG's profit on it :
In any terms of breakout above the higher resistance zone ; It'll confirm the bullish bias into the major movement and we can take a LONG on the breakout confirmation and set our SL as a candle close below our entry zone !
- Breakdown below $2.050 with potential 30% SHORT's profit on it :
In any terms of breakdown below the dynamic support zone ; It'll confirm the bearish bias into the major movement and we can take a SHORT on the breakdown confirmation and set our SL as a candle close above our entry zone !
📚 The meaning of the entry zone is the mentioned blue/red area of interest !
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
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TELEGRAM :
t.me/Helical_Trades
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