Cryptorphic

#MATICUSDT Trade Setup. 38% Scalping Opportunity!

Long
Cryptorphic Updated   
BINANCE:MATICUSDT   MATIC Network / TetherUS
Welcome to this quick setup, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.

MATIC broke out of the pattern recently.
It's retesting right now.
Also Broke above 21D MA which is bullish.
So this could be a reasonable trade.
But do your own research before trading, ALWAYS!

ENTRY: $1.18 to $1.315

Targets:

$1.47
$1.68
$1.73

Stop Loss:- $1.139

Recommended leverage: 2x to 5x
Spot if you want to be extra careful!

What's your thought on this?

If you want me to post more of these setups,
do hit the like button and share your views, coin requests etc in the comment section.


Thank you


#PEACE


Trade active:

MATIC is facing a bit of resistance around $1.5.
Traders took profits around that level.
Once it closes above the $1.5 area it can rally towards $1.7+
I closed 50% of my position at the first target which is achieved.
Move Stop Loss to $1.31

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite
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.