Long

Quick trade idea for MATIC

804
Here's a quick look at MATIC 2 hr chart. As we can see, the price has formed a broadening wedge, and we could see a breakout soon. Definitely one to keep an eye on. The best entry would be, when the price breaks above the broadening wedge with good amount of volume .
-------------------------------------------
The idea is: Buy the breakout from the broadening wedge and take profits at the levels shown in the chart.

Targets:
1. 1.7$
2. 1.9$

- Profits can also be taken in the resistance zone .
-------------------------------------------
If you like the content, then make sure to comment and like the post :D

Follow me for daily profitable trading setups

BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.