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Matic Network ready for a rally to $0.02 - $0.025

A new week, new charts on TradingView.
Let’s start of the week with Matic (MATIC Network).
Yes, it has seen a tremendous growth earlier and a massive dump, but we could see some upwards momentum back again.
Reasoning is simple;
The green zone around $0.15-0.16 marked as support and flipped from resistance to support here.
As long as that area remains support and we move sideways, continuation upwards is likely to occur.
In that way, two targets can be defined (actually three);
- $0.019
- $0.02-0.021
- $0.025-0.026
Very easy stop/loss below green zone could make this a good setup.
Let’s start of the week with Matic (MATIC Network).
Yes, it has seen a tremendous growth earlier and a massive dump, but we could see some upwards momentum back again.
Reasoning is simple;
The green zone around $0.15-0.16 marked as support and flipped from resistance to support here.
As long as that area remains support and we move sideways, continuation upwards is likely to occur.
In that way, two targets can be defined (actually three);
- $0.019
- $0.02-0.021
- $0.025-0.026
Very easy stop/loss below green zone could make this a good setup.
交易結束:目標達成
Both targets were reached for 60%.Massive drop after.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。