🔥Hi friends! MATIC hadn't fall as much as any other altcoins during the dump. It shows for us the pressence of buyer on MATIC. The main things that we need now is to find the best entry point with max RR and short sl.
âś… A lot of traders were liquidated as well as stop-losses were triggered. The volume growth confirm it for us. Additionally we see gow the HUGE value area of $0.87-0.95 become the support.So now we can expect the pullback and it's can be just the beginning of the huge move.
đź“Š My main preconditions to open a long: 1. continue to consolidate inside the inportant value area of $0.87-0.95 2. squeeze to the trendline 3. bullish BTC or at least consolidation in the range
📊 The main 3 targest for MATIC: 🔥 $1.13-1.16 - the closest value area+local target 🔥 $1.5 - the key level and ipmortant resistance 🔥 $1.75 - the key level
✅ Traders, remeber to book the profit by parts. As you can see, the any bad news now dumped the price so much and your profotable position can easilly return at breakeven🔥
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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