Long
Matic Bullish Pattern
Reasons for long:
1.Good Fundamentals
-ETH layer 2
-Network usage grow
2. Staying strong in the latest crypto market pullback(this means high demand)
3. Bullish Market Structure
4. RSI is in bullish momentum
5. Above 50 MA
6. Above the 134 days range which is bullish indicator
TP1 4
TP2 6
Stop Loss: 1.585
TP1 Risk/Reward Ratio 5
TP2 Risk/Reward Ratio 10
Good Luck!
1.Good Fundamentals
-ETH layer 2
-Network usage grow
2. Staying strong in the latest crypto market pullback(this means high demand)
3. Bullish Market Structure
4. RSI is in bullish momentum
5. Above 50 MA
6. Above the 134 days range which is bullish indicator
TP1 4
TP2 6
Stop Loss: 1.585
TP1 Risk/Reward Ratio 5
TP2 Risk/Reward Ratio 10
Good Luck!
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.
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.