This looks to be good support here for Matic. I have waited patiently for entry and .74 cents looks to be as good as any with all SMAs (50,100,200 day) on the underside for support along with a significant level. Also, RSI has reached support in conjuction with the pullback here. I will be taking profits along the way and expect to be out 75% by the time we reach .95 cents, dragging my stops up along the way to ensure the trade is all profit. I expect to let the remaining 25% ride after hitting .95 cents in hopes that it may jump up and above that ascending TL which would be uber bullish for this coin.
Entry - .7424 Target - about .95 SL - currently .60 (my stops are very loose) RRR - 1.5 (better with tighter SLs of course)
This is not fin advice. I show you the way I trade for your education and entertainment only.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.