MATIC on critical resistance! Make or Break?

10 בינו׳ 2023

Matic is now approaching critical resistance. My bias is a BIG SHORT since it breaks the 61.8 Fibonacci fan trendline. At lower time frame 4H, for example, still no sign of reversal at this very moment. It might also pump another to create a double top before it goes down massively. I suggest since it is a swing trade, using a grid strategy to position on this one, with 1% or 2% profit per grid is the best choice to maximize your earnings. What if it breaksout? Id*ot you go long! lol

BINGX:MATICUSDT