MATIC3S - possible bounce from support

23 giu 2022

MATIC 3 X SHORT on Kucoin
Now trying to bounce from long-term support, this zone was holding like a rock the last few times. SRSI is oversold and looks like heading up.I would prefer RSI at the 40ish level, but we can do it like this. That 50 level for RSI could be resistance, so be careful around that level.
There is a possible 25 to 30% move in this one, even if just bounces down from the yellow resistance zone...
Use Stop Loss, be responsible...
Good luck traders

23 giu 2022

Trade attivo

18% profit from the middle of support zone, first target hit. I usually take some profit, 20% -30% of the position, and for the rest move SL to break even. It's up to you, it has the potential to go up more...
Enjoy profit and good luck traders
It really would be helpful to me to get a better rating if you hit that LIKE button...
Thanks