$MATIC/USDT 4h (Binance F.) Descending channel breakout & retest
Updated
#MaticNetwork is looking ready for bullish continuation after that pullback.
Current Price= 0.02020
Buy Entry= 0.02023 - 0.01963
Take Profit= 0.02216 | 0.02393 | 0.02620
Stop Loss= 0.01844
Risk/Reward= 1:1.5 | 1:2.68 | 1:4.21
Expected Profit= +22.38% | +40.14% | +62.92%
Possible Loss= -14.96%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 240h
Current Price= 0.02020
Buy Entry= 0.02023 - 0.01963
Take Profit= 0.02216 | 0.02393 | 0.02620
Stop Loss= 0.01844
Risk/Reward= 1:1.5 | 1:2.68 | 1:4.21
Expected Profit= +22.38% | +40.14% | +62.92%
Possible Loss= -14.96%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 240h
Trade active
All entries filled and bounced#MaticNetwork dipped a bit more than expected but still looking good to me.
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