Matic was in a strong uptrend before the dump started and it’s the only coin I am following that took out the dump and now we are back down to $1.7.
I feel the bull are still alive but I am waiting for price to return back to the 1.9 level which is a strong confirmation for bullish..
Trade active
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So like I said matic still bullish but is this an illusion From 1.7 to 2.37 now hmmm. Woke up this morning looking at Matic, asking myself what could go wrong.. and there seems to be a lot.. weekly RSI LOOKS VERY BAD. Then I ask myself has there being panic like true panic.. “NO”
I think following matic to a trailing stop loss is the best idea.. follow at link in my bio for forward and more detailed update
Trade closed: target reached
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close matic in profit. i am closing all long trade posted on dec 7. all i see is a big dump. bearish is strongly active...