TheSignalyst

MATIC - Wait For The Trigger!

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
Hello everyone, if you like the idea, do not forget to support with a like and follow.

MATIC is overall bullish and now approaching the lower brown trendline so we will be looking for buy setups on lower timeframes.

on Daily: MATIC formed a valid wedge pattern in red, but it is not ready to go yet.

Before we buy, we want the bulls to take over.

Trigger => Waiting for a momentum candle close above the last high in gray to buy.

Meanwhile, until the buy is activated, MATIC can still trade lower to form a new low before trading higher. (projection in purple)

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

Trading Made Simple; and Rule-Based
www.RichTL.com
for 50% discount use coupon: BD2024

Instagram:
www.instagram.com/richthesignalyst

Telegram:
www.t.me/thesignalyst

Best CFD broker
cutt.ly/TickmillReal
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.