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
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? :(
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.
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...