MATIC SHALL WE?

Well looks like Matic is about to break the trend line very well

wait for the good break on the 1hr chart or 2hr chart, a retracement on 1hr or 30min chart and then we can long

Sl - 0.647

Tp 1 - 0.7
Tp 2 -0.78
tp 3 - 0.89

Ghi chú

Here is the trade
You can see we have two Stop losses for volatility reasons

Ghi chú

Patience

Đóng lệnh: dừng lỗ

Why the trade didn't go according to plan

firstly, altcoins are in trouble because of the BTC dominance
2. I didn't realize it on time because it was a fake breakout.

notes on breakouts, always make sure it is a good and long break, not a short candle break
also, use higher time frames like 2hrs and 4hrs.

Despite knowing this why did I enter the trade; I did cos BTC was also making a break and I expected a rally also so would I enter the trade again if i were in the same situation

yes and no

Yes because depends on BTC and BTC.d
No, because a good break out brings confidence in the trade to reach the target

DN_Trades

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DN_Trades

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