Long
MATIC, 100x potential pump in the future.
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.
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.
Note
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. 
formal education makes a living, self-education makes a fortune!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
formal education makes a living, self-education makes a fortune!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.