Long
MATIC/USDT 155% Potential from here with Minimum Stop Loss

#MATIC/USDT TA Update:-
MMATIC currently trading at $1.50
Big Dumped after broke down $2 Support as I mentioned in Bullish Matic Chart so SL hit already.
This Will be accumulation area.
This is 2nd Retest after Breakout.
-55% down from Recent ATH
I am expecting 155% upward move from here.
Keep in mind Risk Reward also.
Imo $1.15 is Good Stop Loss in Spot.
If Future trade then $1.30 is Good Stop Loss.
I Bought 10000 MATIC with $1.15 Stop Loss.
Support: $1.40/$1.20
Resistance:- $2.40/$3.70
MMATIC currently trading at $1.50
Big Dumped after broke down $2 Support as I mentioned in Bullish Matic Chart so SL hit already.
This Will be accumulation area.
This is 2nd Retest after Breakout.
-55% down from Recent ATH
I am expecting 155% upward move from here.
Keep in mind Risk Reward also.
Imo $1.15 is Good Stop Loss in Spot.
If Future trade then $1.30 is Good Stop Loss.
I Bought 10000 MATIC with $1.15 Stop Loss.
Support: $1.40/$1.20
Resistance:- $2.40/$3.70
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.