MATIC is currently breaking out of a 3-year descending triangle pattern reversal, which is bullish sign of continued upward movement.
2,80 could be the target for long term which is just under the ATH.
For my final long (sorry tradingview followers as I have only had the time to post a few of my trades here but you know where to find the rest), I chose Matic. Nice little cup and handle. Above VRVP POC and above all SMAs. Entry was .86. Final target is 1.03 with profit taking at .94 along the way. SL is .80 with a rrr of 3.5 to 1.
Traders,
As explained in the video I just released, this recent crypto price action up all simple appeared to be a bull trap. I was growing more and more bearish as I did my video and indeed, by the time the video was ended, I felt it was time to capture my meager profits in MATIC for another very small win and get out! As it was the drop happened so fast, I was...
Traders,
You guys know I have been dreaming of a touch on our MATIC May 2021 ascending trendline for months now. Today we got that. And though I missed the .98 cents touch for a buy in, I did get in at a dollar. My target will be at least that $1.53 cents level. Stop out is hard. But I wouldn't want to see anything much lower than that .87 cent level I have...
Looking at the tea leaves, it appears the price action is repeating the same pattern it did prior to the previous bull run. If we repeat the next bull run with the same growth, MATIC is poised to hit $100. Could history repeat itself? We'll see!
Wassup guys! Polygon broke up this triangle📐 and I think there is chance for run to 1.1340 and even higher, but we could see some correction first. I traded the initial breakout but one can set BUY LIMIT order to previous range high to catch🎣 the potential pullback. As always ... don't chase the market, let the market come to you.
ENTRY : local high @ 1.0185
...
Polygon Inverted Head and Shoulders undwinding. After long floating around the neckline, price finally shot up.🚀 I think there is chance for run to 1.095 and this is where I will close part of my longs.
Check my other active trades in related ideas down below!
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⚠️Disclaimer: I'm not financial advisor. This is not...
MATIC♾️
Hope you get the point! Smash teh lick button if you do! 👅
*Hint: Follow the violet path...🔮
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
My recent Polygon call just hit the target. 👇
We are having a great run📈 but I think it's the right time to take at least some profits off the table, so I will be lowering the exposure on each TP level step by step. Here are my next targets for ♾️ MATIC :
TARGET 1: 2.44
TARGET 2: 2.58
TARGET 3: 2.85
TARGET 4: 2.99
Check my other stuff in related...
Last Polygon triangle breakout trade ended with profit... 👇
Now I have a new setup for you! MATIC ♾️ seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.95 and even higher.
ENTRY : local high @ 2.161
SL : local low @ 2.056
TARGET : height of the triangle projected from midpoint of the local range (BUY...
It's been weeks since my last Polygon trade 👇
Now price seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.275 and even higher. MATIC , come on!♾️
ENTRY : local high @ 1.867
SL : local low @ 1.743
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.275
...
POLYGON is now a buy with great RRR. Expecting the uptrendline to hold, then break of the downtrendline and then also break of the horizontal resistance. All as shown by the projection.
TP : 1.6, 1.7, 1.8
SL : 1.3 or 1.18 (depends on risk tolerance)
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a...
