Long
✴️ MATIC's 10 Months Old Bull Market Continues | 5X
It's been ten months since Polygon (MATICUSDT) hit bottom, followed by higher highs and higher lows, technically speaking a bull market.
The last peak was hit in February with a higher low in March and now the chart candles and signals pointing to additional growth.
Continuing in the spirit of a bull market, a higher high comes next.
It should take around 2 months for the next high to hit circa $2.30... We can see $2 pretty quick though and there can be some variations but the above numbers can be used as reference.
Technicals?
✔️ The MACD is safely trading above 0 and bouncing of the signal line, plenty of room left available for additional growth.
✔️ The RSI is super strong above 54 weekly, trading above all resistance in a bullish trend since June 2022.
✔️ The 6-March weekly candle closed as a Dragonfly doji to end a correction, a strong bullish signal.
✔️ Last week closed as a higher low compared to 6-March and a common doji, this week prices moving above EMA10.
These are the technicals and all bullish.
✔️ Finally, the volume is average as a continuation signal.
As MATICUSDT start to challenge new resistance levels, the trading volume will grow.
This is an easy one.
Thanks a lot for your support.
Namaste.
The last peak was hit in February with a higher low in March and now the chart candles and signals pointing to additional growth.
Continuing in the spirit of a bull market, a higher high comes next.
It should take around 2 months for the next high to hit circa $2.30... We can see $2 pretty quick though and there can be some variations but the above numbers can be used as reference.
Technicals?
✔️ The MACD is safely trading above 0 and bouncing of the signal line, plenty of room left available for additional growth.
✔️ The RSI is super strong above 54 weekly, trading above all resistance in a bullish trend since June 2022.
✔️ The 6-March weekly candle closed as a Dragonfly doji to end a correction, a strong bullish signal.
✔️ Last week closed as a higher low compared to 6-March and a common doji, this week prices moving above EMA10.
These are the technicals and all bullish.
✔️ Finally, the volume is average as a continuation signal.
As MATICUSDT start to challenge new resistance levels, the trading volume will grow.
This is an easy one.
Thanks a lot for your support.
Namaste.
Note
LONG MATICUSDTLeverage: 5X
Buy-in: $1.0920 - $1.1700
Targets:
1) $1.2333
2) $1.3100
3) $1.4210
4) $1.5555
5) $1.7000
6) $1.8000
7) $1.9300
Stop-loss: Close daily below $1.0500
Liq. price: $0.9549
Potential profits: 333%
Capital allocation: 3%
Shared: 5-Apr-2023
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6109
🏆 FREE Trade-Numbers
anandatrades.com
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.