Long
MATIC is a sleeping Giant! Hasn't made a big move yet!
Here's a quick look at MATIC 4 hr chart. As we can see, the price has printed a symmetrical triangle. Matic hasn't made big moves yet, and we could see some bigger moves soon. When it does break to the upside from the symmetrical triangle, the price can easily run to 2$ and above - Matic is known for its explosive moves.
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
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The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 1.59$
2. 1.65$
3. 1.75$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart.
Targets:
1. 1.59$
2. 1.65$
3. 1.75$
- Profits can also be taken in the resistance zone .
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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