Long
MATIC/BTC 1H (Binance) Ascending triangle pattern in formation

Matic Network looks Bullish again, we can expect a strong Fibonacci retracement from here.
Fib. 0.236 is acting as Support at 208 sats and Fib. 0.382 as Resistance at 216 sats.
There is an old S/R at 216 sats which will probably be broken soon:
Entry range= 0.00000212 - 0.00000208
Take Profit= 0.00000225 | 0.00000233 | 0.00000244
Stop Loss= 0.00000195
Risk/Reward ratio= 1:1 | 1:1.53 | 1:2.27
Expected Profit= 7.14% | 10.95% | 16.19%
Possible Loss= -7.14%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x | 3x | 5x
Fib. 0.236 is acting as Support at 208 sats and Fib. 0.382 as Resistance at 216 sats.
There is an old S/R at 216 sats which will probably be broken soon:
Entry range= 0.00000212 - 0.00000208
Take Profit= 0.00000225 | 0.00000233 | 0.00000244
Stop Loss= 0.00000195
Risk/Reward ratio= 1:1 | 1:1.53 | 1:2.27
Expected Profit= 7.14% | 10.95% | 16.19%
Possible Loss= -7.14%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x | 3x | 5x
Transaction en cours
Entry at 210 sats was filled, get ready!Trade fermée: cible de profit atteinte
TP1 hit with +7.18% or even more if you got it a bit lower. I was actually buying down to 205 sats using 5x leverage in Binance Margin so I'm in quite good profit right now! I sold some and let the rest grow towards other targets 🚀Transaction en cours
Just gave back entry at 0.00000212, I hope you were attentive enough to catch some there if you lost the train before, or to buy back if you already sold some. Let's see if we're going for TP1 again and more!Trade fermée: cible de profit atteinte
TP1 2nd timeTrade fermée: cible de profit atteinte
TP3 hit with +16.19% and went way higher to 311 sats that'd be 48.10% max profit!Publications connexes
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.