MATICUSDT short position (50 % profit) Short

MATIC Network / TetherUSBinance

Description

⋅ Feb 26, 2023 7:14 PM

The upsloping support has held so far.
If we get the bounce, we expect the price to create the lower high which would be an entry for short position.

If the upsloping support fails, and the price confirms it as a resistance, it may be an entry for short as well.

Entry, Take profit, Stop loss and final target are shown on the chart.

Good luck

Trade closed: target reached

⋅ Mar 12, 2023 3:13 PM

The take profit level has been reached. We're seeing a temporary bounce and next we should get the downtrend continuation.

Comment

⋅ Apr 24, 2023 7:35 PM

Matic is ready for more downside

Trade closed: target reached

⋅ Jun 10, 2023 12:50 PM

Second target reached

Comments

Tolberti

⋅ Apr 26, 2023 2:13 PM

Amazing analysis, good job!

RLinda

⋅ Apr 26, 2023 1:44 PM

Thanks, keep up the good work) Love your analysis

UnknownUnicorn15614419

⋅ Apr 25, 2023 6:37 PM

Strong levels are waiting for us in the way of price 😬 Good luck in trading 🤞 , the current position is on our side!

Solldy

⋅ Apr 25, 2023 6:13 PM

Great view of the situation with a good description! From a professional point of view, it would be interesting to know in what order, what steps you use when analyzing an asset)

LegionQ8

⋅ Apr 25, 2023 1:09 PM

Have you saw also other timeframes?

DeGRAM

⋅ Apr 25, 2023 11:50 AM

Thank you. Great job

WalterMoon

⋅ Apr 25, 2023 11:20 AM

Your charts the best !

KABHI_FOREX_TRADING

⋅ Apr 25, 2023 9:22 AM

Perfect analysis, Nice

JoeChampion

⋅ Feb 27, 2023 9:33 PM

Good RR there!

SwallowPremium

⋅ Feb 27, 2023 12:20 PM

What do you think will there be any action this week?