Long

Updated

MATIC starts to run

MATIC formed a look-alike Bump-And-Run-Reversal Bottom. A Lead-in phase of almost 1 month with low volume, then followed by two bump phases with high volume.
MATIC has just broken out the trendline and is ready to get the first targets (depicted in chart).

Note

After being rejected by the trendline when BTC dropped, now MATIC is on a 4H support and seems to bounce.

Note

MATIC is recovering (along with BTC), in low time frame (4H).

Note

TP1 $0.66 done!
On the way to TP2.

Trade closed: target reached

TP2 $0.715 done with 20% profit

evasivesteering

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evasivesteering

Also on:

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.