MATICUSDT - BULLISH OUTLOOK
MATICUSDT is currently showing a bullish divergence on the 4-hour timeframe Consider entering the trade within the range of CMP $0.7850 to $0.75, chosen based on the analysis of historical support and resistance levels. Place a stop loss at $0.7150 to mitigate potential losses. If any 4-hour candle closes below this level, it could indicate a reversal of the bullish trend.
Entry Price On CMP: $0.7850 (average entry within the specified range)
Stop Loss: $0.7150
Take Profit 1 = $0.8550
Take Profit 2 = $0.9250
Take Profit 3 = $0.9950
Take Profit 4 = $1.0650
Take Profit 5 = $1.1350
This trade plan allows for a phased approach to profit-taking while managing risk through a well-defined stop-loss level. Keep in mind that market conditions can change, so stay informed and adjust your strategy accordingly.
Entry Price On CMP: $0.7850 (average entry within the specified range)
Stop Loss: $0.7150
Take Profit 1 = $0.8550
Take Profit 2 = $0.9250
Take Profit 3 = $0.9950
Take Profit 4 = $1.0650
Take Profit 5 = $1.1350
This trade plan allows for a phased approach to profit-taking while managing risk through a well-defined stop-loss level. Keep in mind that market conditions can change, so stay informed and adjust your strategy accordingly.
Trade active:
TP 1 HIT 🎯
Trade active:
TP 2 HIT 🎯✅
Trade active:
TP 3 HIT 🎯🎯🎯✅
Trade active:
TP 4 HIT 🎯🎯🎯✅