Research
Trade Setup 5 Oct 23
Delta Exchange
October 5, 2023
Bullish View on MATICUSDT Welcome to Daily Trade Setups. Trade:
- Buy MATIC Perpetual future at 0.56
Stop Loss: $0.52 Target: $0.635 Payoff: Max Profit: $0.75/MATIC Max Loss : $0.40/MATIC
Rationale: Higher highs and higher low formation is observed on 4 Hr time frame and price was able to violate two resistance / pivot points of 0.5409 and 0.5696.
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