Long
MATIC/USDT - Bullish Channel
Matic is in a bullish channel (at Daily Tf) Respecting the support,.
4hr tf shows a divergence and a new trend towards upside, currently price is absorbing all the liquidity from downside before making new higher highs.
buy at CMP 0.85 something, Stoploss is marked. BTC should behave accordingly :D
4hr tf shows a divergence and a new trend towards upside, currently price is absorbing all the liquidity from downside before making new higher highs.
buy at CMP 0.85 something, Stoploss is marked. BTC should behave accordingly :D
Trade active
trade is still active, most likely it will hit the stop loss. the overall market structure has turned bearish, BTC is unlikely to hold its current range.
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Disclaimer
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.