MATIC UNIQUE IDEA - FEBRUARY 2023

First, of many ideas in 2023 trading view fam, let's talk about MATIC. I believe that the price of MATIC has a high possibility to skyrocket 🚀 this month - HERE IS WHY (let me know what you guys think in the comments)

(MY REASON + ADVANTAGE + EDGE ON THIS TRADE)
- My reason for entering this buy trade is because of this support level #2 that I found, which has the power + ability within itself to push the price up 40% from it. the reason is it has more than
84 bearish candle wicks touching it - making this support level #2 more effective and influential to do what I believe it can do
- I'm also aware that for a support level on this pair to be effective and influential; enough to push the price up 20% from it = A total of 36 bearish candle wicks must be touching that level
of support btw that move has already happened

(BETTER CHART VIEW 🌇)




(MY POSITION)
My entry price is $1.2216
The price of my stop loss: $1.1534
The price of my take profit: $1.72646
- RISK MANAGEMENT APPLIED ✅