MATIC/BTC Buy & Hold Idea (May 1st, 2020)

1 mag 2020

This project has fine fundamentals with an outstanding team, not to mention very strong volume. Just looking at basic TA I like that it's been going somewhat sideways for quite some time even with BTC's insane moves and I also like that the upside potential is so high. If it goes down to the green areas I could DCA more into it, however, I find the current entry more than acceptable.

1 mag 2020

Nota

Alts just got a huge shock from BTC. A better entry here actually.

3 mag 2020

Nota

Going well so far. Nothing really changing. The average entry is 181.

3 mag 2020

Nota

Off to a great start here.

3 mag 2020

Nota

Bloody time for alts but MATIC is holding strong here.

6 mag 2020

Nota

Things are still okay here.

7 mag 2020

Trade attivo

MATIC surviving this BTC rip. Looking good still.

8 mag 2020

Trade attivo

More support levels here. Adjusted my entry just a tiny bit. Nothing changed much. Still running strong.

9 mag 2020

Nota

Against the dollar, MATIC has reclaimed this yearly channel but we'll see how things go after halving.

9 mag 2020

Nota

Average entry around 177 now but the idea remains. Original stop and S/R still in place.

13 mag 2020

Trade attivo

Smashed 200. Testing 200 MA.

13 mag 2020

Nota

Beautiful.

14 mag 2020

Nota

A strong close over MA200. Let's see how this plays out.

19 mag 2020

Trade attivo

This is still active. It's looking to reclaim key support here. Holding the position for now.

19 mag 2020

Nota

Re-entered the channel from 2019. Let's give this more time and see how it plays out.

20 mag 2020

Nota

Daily close above previous resistance.

22 mag 2020

Nota

Fell back below resistance. Trying to get back up there.

25 mag 2020

Nota

Still going.

26 mag 2020

Nota

A monster move upwards here. Lovely.

1 giu 2020

Trade chiuso: obiettivo raggiunto

Post-mainnet drop as-expected. Otherwise a beautiful trade.