BINGX:MATICUSDT MATIC / TETHER
Price action and indicators:
- BINGX:MATICUSDT is at the top of its macro ascending 🐻
- Swing failure pattern at key 🐻
- Divergence for Many Indicators confirmed divergence on the HIST and MOM 🐻
- Stochs are frying 🐻
- PMARP overheated, not where smart money is accumulating 🐻
Risk management and targets:
- Matic must close above 2.78 to flip direction, stops above ❌
- Targets are the white lines below 🎯
- Bonus measured move target if price breaks down from its macro ascending 🎯
Comment: Accidentally tagged it as long, but obviously meant short, as I clearly marked my three short targets.
Comment: All of my targets were hit.