MATIC SHORT 1 HOUR TIME FRAME
Updated
Hello and good morning/night depending on where you are reading this!
We all saw that MATIC pump towards the upside today. But it has barely any support at the top, and it seems that we have established a new resistance line on the 1 hour timeframe: 1.1778 and a new support line at 1.09. It is looking like MATIC is going to consolidate at around the support line. I think MATIC is a great buy this upcoming month but not before it has built more support.
So here is my short trade on MATIC:
ENTRY: 1.1600
TP1: 1.13
TP2: 1.10
TP3: 1.06
Do not take this as financial advice, I'm just sharing my thoughts on it. What do you guys think as I am always looking for input! If you found this useful please consider liking :)
Have a great day rest of your day :)
- The Stallion
We all saw that MATIC pump towards the upside today. But it has barely any support at the top, and it seems that we have established a new resistance line on the 1 hour timeframe: 1.1778 and a new support line at 1.09. It is looking like MATIC is going to consolidate at around the support line. I think MATIC is a great buy this upcoming month but not before it has built more support.
So here is my short trade on MATIC:
ENTRY: 1.1600
TP1: 1.13
TP2: 1.10
TP3: 1.06
Do not take this as financial advice, I'm just sharing my thoughts on it. What do you guys think as I am always looking for input! If you found this useful please consider liking :)
Have a great day rest of your day :)
- The Stallion
Order cancelled
Nevermind haha
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