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Long

ProbleMATIC for Bears

By bizmark
Updated
Bought Matic Network @ BUY level, as MATIC already broke up this triangle, so I think there is chance for run to 0.494 and even higher.⚡ That could be quite probleMATIC for the bears🐻...
  • ENTRY: local high @ 0.382
  • SL: local low @ 0.354
  • TARGET: height of the triangle projected from midpoint of the local range (BUY - SL) @ 0.494
  • RRR: 4
  • INVALIDATION: when SL level hit

Like👍 & Enjoy🍿!
Trade active
Dipped to the BUY level, so even the late comers got chance to hop in.
Trade closed: stop reached
SL hit. Bigger triangle may be in play. Keeping an eye on it.
breakoutChart PatternscryptomaticmaticnetworkMATICUSDTTrend AnalysisTrend LinesTriangle
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