TradingView
UnknownUnicorn1541497
May 17, 2019 9:54 AM

MATIC Network / USDT (MATICUSDT) - 2 Long Ideas - 17 May 2019 Long

MATIC Network / TetherUSBinance

Description

Overview

Matic had a nice run - even performed well during the Bitcoin dump.

Nice confluences:
1. S/R flip at 61.80% Fib level
2. Big Demand zone and OTE (70.50%)

Two short-term plays

Dont forget:
- Watch your Risk management
- Bitcoin has an influence on all Altcoins, be aware of movements there
- DYOR (Do-Your-Own-Research)

Please consider:
This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.

Thanks for reading!
- SE -

Trade closed manually

Doenst look like it will soon come back to my area. Considering price managed to stay above the 23.60% Fib level shows huge buy pressure
More