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BARSTrading
Nov 30, 2022 8:02 PM

MATIC aiming for $0.95, but it will struggle Long

MATIC Network / TetherUSBinance

Description

There is a local resistance zone around the $0.95 mark, and after that we should see smooth sailing all the way up to $1.15.
Everything looks good, patterns look solid, and I think it's a good time to trade, but only for small profits.

My indicator is also signaling a long position, and my trade history along with profit can be seen in the history below (the history of trades are from February 2020, and have approximately 29,000% profit - in other words, $1,000 USD to $290,000 USD)

This is not financial advice, just a study.

Trade closed: target reached

First top of resistance box hit around 0.95

Trade active

Wait for the price to come down towards 0.90 again to open the second trade -- this will trigger the reach for $1.15, second red box above
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