I am entering a scalp long on MATIC. My stop-loss is set at a 25% loss, due to current market conditions.
We're interacting with MATIC's macro fibonacci level, which means we're right above a major area of support.
We've bottomed out in momentum and a bullish crossover on the MACD and TSI is about to happen.
I believe we'll retest the 200-day EMA as we enter our Ichimoku Cloud of support from .90 USDT - .9420.
I expect to be in this trade 2-8 hours.
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