Quick trade idea for MATIC
Here's a quick look at MATIC 2 hr chart. As we can see, the price has formed a broadening wedge, and we could see a breakout soon. Definitely one to keep an eye on. The best entry would be, when the price breaks above the broadening wedge with good amount of volume .
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The idea is: Buy the breakout from the broadening wedge and take profits at the levels shown in the chart.
Targets:
1. 1.7$
2. 1.9$
- Profits can also be taken in the resistance zone .
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
-------------------------------------------
The idea is: Buy the breakout from the broadening wedge and take profits at the levels shown in the chart.
Targets:
1. 1.7$
2. 1.9$
- Profits can also be taken in the resistance zone .
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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