FieryTrading

🔥 MATIC: Preparing For A Bearish Move

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
MATIC has yet again rejected from the main bearish resistance that has been plaguing the bulls for years. I'm not sure if we will go all the way down, but in case we do, I want to be prepared.

I'm eyeballing the bottom support as a major area of buying, therefore I'm going to be patient until this area has been reached. Bears can play, but bulls will in the end win.

With a stop below the October lows and a target at the all-time high we can construct a highly profitable trade. Patience.

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