MATIC is clearly parabolic and over extended, however right now seeing some type of Broadening Ascending Wedge. shorted at top and expecting to take profit at bottom, however we could see a major drop. As well I see some type of bearish hidden divergence where the prices increase but the RSI does not make a higher high. Right now risking 1% to potentially make 4%, however we could see a 10% move down as well.
Trade active:
6-8x Leveraged Short Entry: 0.9506
Stop loss: 0.9601 TP1: Under 0.926 TP2: Under 0.883 TP3: Under 0.825
Stop loss: 0.9601 TP1: Under 0.926 TP2: Under 0.883 TP3: Under 0.825