Cryptorphic
Long

MATIC/BTC 30 min 25%+ Quick Profit Chart

BINANCE:MATICBTC   MATIC Network / Bitcoin
MATIC seems to be forming an inverse Head and Shoulder which is a trend reversal pattern.
I believe after the support it found on the blue trendline support zone it seems an upward move is highly likely.
I bought in at 201 and SL at 195.
It got rejected from the 50D MA which will eventually be broken soon.
Comment: First target around 235 sats has already been achieved. Right now on the retest line.
Expecting. the next rally soon.
Comment: Seems like the MATIC Whales are buying as much as they can.
How do we speculate this? The sideways action.
Support is around 180 sats. I'll buy the dips if the opportunity shows up. Allocated 2.5% of my crypto portfolio in MATIC with an average entry around 202 sats.

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