MATIC TRADE
Looking for a short term trade here but considering a squeeze play soon as well.
The recent retracement on BTC has seen a few alt coins drop back to trend at good buy points to continue the trend.
Taking a position on Matic now as it offers a descent risk to reward even to previous resistance, and trending a break in trend as invalidation to get out of the trade.
Will consider partial take profit at resistance but looking to hold a position incase we have a squeeze and break the resistance for a much higher RR
The recent retracement on BTC has seen a few alt coins drop back to trend at good buy points to continue the trend.
Taking a position on Matic now as it offers a descent risk to reward even to previous resistance, and trending a break in trend as invalidation to get out of the trade.
Will consider partial take profit at resistance but looking to hold a position incase we have a squeeze and break the resistance for a much higher RR
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.