MATIC/BTC Buy & Hold Idea (May 1st, 2020)

1 May 2020

This project has fine fundamentals with an outstanding team, not to mention very strong volume. Just looking at basic TA I like that it's been going somewhat sideways for quite some time even with BTC's insane moves and I also like that the upside potential is so high. If it goes down to the green areas I could DCA more into it, however, I find the current entry more than acceptable.

1 May 2020

Not

Alts just got a huge shock from BTC. A better entry here actually.

3 May 2020

Not

Going well so far. Nothing really changing. The average entry is 181.

3 May 2020

Not

Off to a great start here.

3 May 2020

Not

Bloody time for alts but MATIC is holding strong here.

6 May 2020

Not

Things are still okay here.

7 May 2020

İşlem aktif

MATIC surviving this BTC rip. Looking good still.

8 May 2020

İşlem aktif

More support levels here. Adjusted my entry just a tiny bit. Nothing changed much. Still running strong.

9 May 2020

Not

Against the dollar, MATIC has reclaimed this yearly channel but we'll see how things go after halving.

9 May 2020

Not

Average entry around 177 now but the idea remains. Original stop and S/R still in place.

13 May 2020

İşlem aktif

Smashed 200. Testing 200 MA.

13 May 2020

Not

Beautiful.

14 May 2020

Not

A strong close over MA200. Let's see how this plays out.

19 May 2020

İşlem aktif

This is still active. It's looking to reclaim key support here. Holding the position for now.

19 May 2020

Not

Re-entered the channel from 2019. Let's give this more time and see how it plays out.

20 May 2020

Not

Daily close above previous resistance.

22 May 2020

Not

Fell back below resistance. Trying to get back up there.

25 May 2020

Not

Still going.

26 May 2020

Not

A monster move upwards here. Lovely.

1 Haz 2020

İşlem kapandı: hedefe ulaştı

Post-mainnet drop as-expected. Otherwise a beautiful trade.