Long
Atualizado

MATIC, 100x potential pump in the future.

781
Investing in altcoin market is risky bussiness in my opnion. 90% the coins will end up to 0 in the future, but some of them might give you huge risk-reward. Today I want to mention MATIC, the reason I like this coin is because of the price structure. ( I don't care about the fundmental), the price hold very well as you can see my trendline is pointing up wards.

For a trader or investor, getting a good risk - reward is the key to make big money. As long as I buy near the trendline, put the stop loss below the trendline(2x ATR or previous candle low) , my rewards could be huge if you look at the previous 2 pumps. Both gave 1000% and 238% return.

Volume looks very good near the trendline, lots of interest accumulated there.
Nota
If today's candle close bearish ( engulfing ), I will consider take some profit from the trade. In the meanwhile, BTC is going to show some strength, I think once that happends, altcoins will drop.



snapshot

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