Long
What's next for MATIC / USDT?
A beautiful symmetrical triangle formation on MATIC / USDT daily frame. RSI shows oversold condition. The MACD indicator shows that a downward price trend is likely to occur. Will this bounce of the bottom line and eventually break out to the upside?
If the price breaks out of the triangle in an upward sloping trend - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG 1 - 2.67$
TG2 - 3.028$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
If the price breaks out of the triangle in an upward sloping trend - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG 1 - 2.67$
TG2 - 3.028$
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.