MATIC/BTC 8H (Binance) Inside pennant & near breakout
Updated
Matic Network is looking ready to move again, I'm expecting this pennant to be quite bullish.
Volume is decreasing and whales are accumulating below EMA20, a breakout is near:
Buy Entry= 0.00000172 - 0.00000166
Take Profit= 0.00000193 | 0.00000218 | 0.00000257
Stop Loss= 0.00000145
Risk/Reward= 1:1 | 1:2.04 | 1:3.67
Expected Profit= 14.20% | 28.99% | 52.07%
Possible Loss= -14.20%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Volume is decreasing and whales are accumulating below EMA20, a breakout is near:
Buy Entry= 0.00000172 - 0.00000166
Take Profit= 0.00000193 | 0.00000218 | 0.00000257
Stop Loss= 0.00000145
Risk/Reward= 1:1 | 1:2.04 | 1:3.67
Expected Profit= 14.20% | 28.99% | 52.07%
Possible Loss= -14.20%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x | 3x | 5x
Trade active
All entries hit.Note
On the move up, right now 178 sats, hold for targets.Trade closed: target reached
TP1 reached with +14.20 (71% using 5x in Margin) profit from average entry, that was worth the wait!Trade closed: target reached
TP2 hit with +28.99% from average entry (86.97% using 5x).Trade closed: target reached
TP3 hit with +52.07% from average entry (260.35% using 5x).Patience always delivers!
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