After a correction it can be have an impulse to higher targets. (~0.6380)
This how I think Matic would turn out. It should touch the Resistance at the top Before it goes down. It may take a while but let the market make things clear
MATIC/USDT broke out the triangle pattern and looks promising for short-term gain towards the price level of $5344. RSI also moving upside, and MACD is printing a bullish cross-over. Entry: BUY AT CMP AND ADD MORE TILL $0.4629 Stop Loss: $0.4480k Targets: 12% TO 15%. Better use low leverage like 5x to 10x and keep your SL tight because BTC is still not...
As we can see from the above-mentioned chart that MATIC/USDT was trading inside the falling wedge pattern and broke above. Currently, it's moving downside to retest the upper trend line which is the buying zone for the matic to earn a good amount of profit in upcoming hours. So we can take entry at the #MATIC/USDT LONG TRADE SETUP ENTEY:-CMP and...
I analyzed this movement using the smart money concept method where in the picture I have explained according to my predictions
I analyzed this movement using the smart money concept method where in the picture I have explained according to my predictions
Normally I should avoid longs in a downtrend but I'm breaking my own rule. Tp is top of the channel. SL below the wick.
My last post on $matic forming inverse heads and shoulders played out like in the textbooks. Now, it will be fun to see if this flag pattern plays out. ..... Is this where I start soliciting for following? :(
MATIC looks ready after getting C wave I might take the C as short and then will sell it at 3$ good luck everyone peace :)
matic is showing weakness on its bear and entered the supply zone, waiting to enter to order block before making a position. wave 4 leg b-c divergence
MATIC is forming double bottom on LTF. The 2nd bottom just below the first bottom will trap break out traders who went short. Tight stop loss. Target is Sunday's NPOC.
MATICUSDT was in a distribution range (yellow area). Yesterday it broke down and never retested. Today we might restest the 0.567 area. If we get a bearish reaction, I will take the short.
Support on EMA H1 Tight stop loss for great R/R Bitcoin seems to hold the current level
BTC seems to make correction of last weeks movement. Most of the altcoins will probably follow it. One of them is matic because it reached important resistant zone. Good luck..
MATIC USDT looking long from current price with hh and hl
Maybe we are in areas for market reversal after the prolonged drop. $matic seem to be showing good signs of recovery with the accumulation (inverse h/s). A textbook trade will be to buy on the retest of the neckline. It will be savage if this is truly the market bottom.
Hey Traders, Green all day, well yea it's so good to see ! Apart everything happening - Matic about to form Broadening bottoms!! Please make note that one can say pattern is completely formed only if it forms two alternative Highs and Lows, as we can see pattern isn't completely formed it's about to form 4th point which is lower high! Infact as of now we can't...
Use your RR correct and don't forget to use stop loss!