Panjang
Matic breakout 4h trade
Short FA: Matic is a good layer 2 solution for Etherum and the gas fee are only a penny. Uniswap is also migrating to MATIC, leading to further upside for MATIC. You can now also farm SAND on the matic network, providing a LP of SAND-MATIC at 83.95% APY the last time I check
Setup: Matic has been forming higher highs and low and is now having a nice consolidation before breakout out of its ATH . It is also trending, seeing its ADX is above 25, giving further weight to its breakout.
Entry: Wait for MACD 4h to crossover
SL: 2.397( 1 ATR below ATR trailing stop loss)
TP: No TP target( ride the trend using ATR trailing stop loss)
Do consider liking and following me if you like my content as some of the trades I do are time sensitive and you will not want to miss out
Setup: Matic has been forming higher highs and low and is now having a nice consolidation before breakout out of its ATH . It is also trending, seeing its ADX is above 25, giving further weight to its breakout.
Entry: Wait for MACD 4h to crossover
SL: 2.397( 1 ATR below ATR trailing stop loss)
TP: No TP target( ride the trend using ATR trailing stop loss)
Do consider liking and following me if you like my content as some of the trades I do are time sensitive and you will not want to miss out
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.