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MBM_Crypto
Jun 12, 2021 8:51 PM

Keep an eye on MATIC! Close to breaking the falling wedge! Long

MATIC Network / TetherUSBinance

Description

Here's a quick look at MATIC 2 hr chart. As we can see, the price has printed a bigger falling wedge. The price is very close to a breakout from the falling wedge. The best entry would be, when the price breaks above the Falling wedge with good amount of volume.
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The idea is: Buy the breakout from the falling wedge and take profits at the levels shown in the chart.
Targets:

1. 1.45$
2. 1.67$
3. 1.75$
4. 1.89$

- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Comments
TribeWriter666
Great set-up, Just curious on how you managed your stops on this?
MBM_Crypto
@TribeWriter666, Let's talk on telegram :D
coingenius
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MBM_Crypto
@coingenius thx for your comment 😁
v9ubpkxpf7
Gets rejected and will fall and you know it
MBM_Crypto
@v9ubpkxpf7 i do not know anything - We take what comes 🤣😁
MBM_Crypto
@v9ubpkxpf7 already hit TP 1🤷🏼‍♂️
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