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$MATIC/USDT 2h (Binance Fut.) Symmetrical triangle near breakout
Long
$MATIC/USDT 2h (Binance Fut.) Symmetrical triangle near breakout
By TradingOn
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Updated
Feb 18, 2021
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Cheer
Cheer
Feb 15, 2021
Matic Network is about to break-out but I expect one more dip to 100EMA first.
Current Price= 0.11201
Buy Entry= 0.10510 - 0.09870
Take Profit= 0.12816 | 0.17187 | 0.21183
Stop Loss= 0.043931
Risk/Reward= 1:1.5 | 1:3.98 | 1:6.26
Expected Profit= +25.77% | +68.67% | +107.88%
Possible Loss= -17.23%
Fib. Retracement= 0.786 | 1.272 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 180 hours
Feb 18, 2021
Trade closed: target reached
TP1 reached with +25.77% (1x) and 1.5R
I'm glad I anticipated that bullish breakout for Matic, it's very likely to continue up.
matic
Trend Analysis
TradingOn
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