Get started
Trader_Mich

Matic Bullish Pattern

Long
MATIC Network / TetherUS (BINANCE:MATICUSDT)  
Trader_Mich  
BINANCE:MATICUSDT   MATIC Network / TetherUS
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
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!
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.