Updated
Time to shine again MATIC - 1.25$ again.
Hello spot traders,
$CRYPTOCAP:MATIC already formed and broke a cup&handle pattern as shown
My final target it is at 1.2$
looking at smaller time frame, $CRYPTOCAP:MATIC seems moving sideways a bit between 0.84$ - 0.98$ midline of sideways channel 0.9125$
My stoploss will be 1d candle under 0.84$
Breaking 0.97$ with 4h candle confirmation ---> run towards 1.2$ (30% from current price)
Thank you
Follow for more
$CRYPTOCAP:MATIC already formed and broke a cup&handle pattern as shown
My final target it is at 1.2$
looking at smaller time frame, $CRYPTOCAP:MATIC seems moving sideways a bit between 0.84$ - 0.98$ midline of sideways channel 0.9125$
My stoploss will be 1d candle under 0.84$
Breaking 0.97$ with 4h candle confirmation ---> run towards 1.2$ (30% from current price)
Thank you
Follow for more
Note
tic-tac ⏰Note
Rebought matic from the bottom of the sideway channel. S.L below the channel- target the top of the channel 0.96$
Trade closed: stop reached
Sideway channel broke to the downsideCancel
Note
Note
please care traders, as BTC dominance has a bullish divergence which will increase the loss in altcoins as BTC moves even slightly downwardsNote
BTC is crazy rn xD lets get it clear. above 36600 -> we are ok , bullish
under 35100 -> bearish
between them -> up and down hardly
Note
still not the best bounce
Trade active
Active nowNote
breaking 0.795 -> reactive this trade again with same targets
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Follow for more frequent updates about crypto on Telegram,
available in both AR and EN.Don’t hesitate to ask questions in the comments!
available in both AR and EN.Don’t hesitate to ask questions in the comments!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.