Shotokhan

This is a breakout

Long
Shotokhan Updated   
BINANCE:MATICUSDT   MATIC Network / TetherUS
Looks like MATIC is breaking out, my only worry here is the volume at 4h but at at 1h looks like is developing good, there was a huge spike and now we have to wait and see.

I think it's worth to enter. If you wanna jump in right away do it with no more than 50% of the money you wanna spend and see how it goes. After a break out a retest is always possible. Ichimoku cloud shows support at 0.77 so I'd set a buy at 0.79 if I were you (this is a NO RUSH entry, if it goes it goes).

Stop loss where I've drawn the dashed line!
Comment:
MATIC went +20% since my call and keeps looking good despite a lot of coins are currently retracing. I hope you entered last night.
Comment:
MATIC +30%, the 1h chart looks good but indicators are uncertain. I'm waiting to see how's this is going, I wish I had fiat to enter yesterday when I shared the call. I hope you followed my signal.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.