Long
$MATIC/USDT 4h (Binance F.) Descending channel breakout & retest
#MaticNetwork is looking ready for bullish continuation after that pullback.
Current Price= 0.02020
Buy Entry= 0.02023 - 0.01963
Take Profit= 0.02216 | 0.02393 | 0.02620
Stop Loss= 0.01844
Risk/Reward= 1:1.5 | 1:2.68 | 1:4.21
Expected Profit= +22.38% | +40.14% | +62.92%
Possible Loss= -14.96%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 240h
Current Price= 0.02020
Buy Entry= 0.02023 - 0.01963
Take Profit= 0.02216 | 0.02393 | 0.02620
Stop Loss= 0.01844
Risk/Reward= 1:1.5 | 1:2.68 | 1:4.21
Expected Profit= +22.38% | +40.14% | +62.92%
Possible Loss= -14.96%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 240h
Trade active
All entries filled and bounced#MaticNetwork dipped a bit more than expected but still looking good to me.
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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.