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PKALI

MATICUSDT 20022023 Short Idea

Short
MATIC Network / TetherUS (BINANCE:MATICUSDT)  
PKALI Updated   
BINANCE:MATICUSDT   MATIC Network / TetherUS
Trend Analysis Chart Patterns Technical Indicators matic MATICUSDT maticnetwork maticshort cryptomarket cryptomarketcap
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trendanalysis chartpattern indicator matic maticusdt maticnetwork maticshort cryptomarket cryptomarketcap
On Hourly chart, MATIC has been trying hard to break and sustained above 1.5500, however it has failed thrice. Further on hourly timeframes MATIC is failing to break previous HH and making Higher lows. 1.4700-1.4800 has becoming important support Zone. Looking at the indicators, candles pattern and chart formation a short position can be taken as per below setup.

MATICUSDT

Entry: 1.4781

SL: 1.5417

TP: 1.3827

RRR: 1.56
Trade closed: target reached:
TP Hit

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