MATIC CwP Pattern | Bullish Breakout | 148% Move Expected
MATIC CwP Pattern | Bullish Breakout | 148% Move Expected
NOTE: Do your own analysis. Do proper risk and money management. spot trading only.
Matic was in diagonal resistance on May 19, 2021, and had a breakout on July 21, 2021. After a bullish breakout, MATIC created a very strong reversal pattern(Cup & Handle). I am expecting a 148% move ahead. Be careful if you are in this trade.
Buying Zone: 1.55138
TP1: 1.72561
TP2: 2.03258
TP3: 2.43912
TP4: 2.70461
Expected New ATH: 3.87341
SL: 1.25270
Trade Risk: 19.25%
Net ROI: 135% - 148%
Use only 15% risk of your account not more than that.
Happy Trading!
NOTE: Do your own analysis. Do proper risk and money management. spot trading only.
Matic was in diagonal resistance on May 19, 2021, and had a breakout on July 21, 2021. After a bullish breakout, MATIC created a very strong reversal pattern(Cup & Handle). I am expecting a 148% move ahead. Be careful if you are in this trade.
Buying Zone: 1.55138
TP1: 1.72561
TP2: 2.03258
TP3: 2.43912
TP4: 2.70461
Expected New ATH: 3.87341
SL: 1.25270
Trade Risk: 19.25%
Net ROI: 135% - 148%
Use only 15% risk of your account not more than that.
Happy Trading!
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TP2 Hit
Duration: 15 days, 1 hour, 38 minutes