#MaticCurrently, in wave 2 of correction, the cycle is lower and therefore has less weight. But in the higher cycle, the floor is confirmed.
The corrective wave 2 of the higher cycle can correct up to 23% of the Fibo of the previous wave, which is the range of 1.0078.
Therefore, I expect that the bottom of wave 2 will be closed in these areas. The credit level was also announced in the previous post that the bottom of the previous wave is in the range of 94 cents.
Matic
MATIC/USDT 4HInterval Resistance and SupportHello everyone, let's look at the MATIC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1.07, if the support is broken then the next support is $1.06 and $1.04.
Now let's go to the resistance line, as you can see first we have a resistance zone from $1.08 to $1.10, if we manage to break it, the second zone is from $1.11 to $1.12 and then resistance at $1.13.
Looking at the CHOP indicator, we see that there is a lot of energy for further movement, the MACD is on the verge of returning to a local downtrend, while the RSI is in the process of rebounding in a downtrend..
MATIC 4Hr IdeaIdea showing a higher low double bottom on Matic 4Hr chart
A bottom here would be strong for MATIC on many timeframes
Shown the bottom with the bars pattern
#MATICUSD - A Small Decline to Lower Bounds of TriangleAfter a test and rejection off upper bounds of a descending trend line we've received a Sell signal from Crypto Tipster v2.
There's a nice level at around a 20% drop from the current price which has previous shown as Support/Resistance.
This coincides with an ascending trend line nicely which is our target!
What Do You Think?
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Unstake Your GMXGMX will fall to 60ish range, probably bounce between my rainbow myriad of lines, then go down :))) You should buy around 52 - 60 !
Polygon Is Becoming An EllipsePolygon is going to fall to the blue line, fire sale baby, should buy there. My guess is it'll occur with Shanghai. :)
🔥 MATIC Rising Wedge: Time For Bearish Break?MATIC has been trading inside this rising wedge for nearly a year now. Rising wedge are classically bearish, so the assumption is that we break out bearish in the future.
However, we can very well bounce from the current resistance. In case we get a decent reversal candle, I look at the top resistance as my initial target. In case we fall through the support and close below it, see blue lines as bearish targets.
MATIC (Polygon) Faces Resistance as Bears Take ControlMATIC (Polygon) is a cryptocurrency that has seen a -3.44% decrease in price over the past 24 hours. As of the time of this analysis, the current price of MATIC is $1.0945.
Looking at the daily timeframe, we can see that the price of MATIC is currently below the 0.5 Fibonacci level, which indicates a potential trend reversal. The 0 Fibonacci level sits at 1.2500, while the 1 Fibonacci level is at 0.9426, and the 1.618 Fibonacci level is at 0.7527. This suggests that if the current downward trend continues, the price could potentially fall to these levels of support.
The upper Bollinger band on the daily timeframe is at 1.2301, while the lower Bollinger band is at 1.0209, and the middle Bollinger band is at 1.1255. These bands can help us identify potential overbought or oversold levels in the market. Currently, the price is below the middle Bollinger band, indicating that the market is potentially oversold.
The RSI is currently at 44, which is close to the oversold region. This indicates that the price of MATIC could potentially rebound in the near future. However, the Stochastic oscillator is currently at 27, which is also in the oversold region, indicating that the downward trend could continue.
The MACD is currently at -0.0230, which suggests that the trend is bearish. Additionally, the Volume oscillator is currently at -20%, indicating a decrease in trading volume.
Looking at the hourly timeframe, the EMA 100 is at 1.1002, which could potentially act as a level of resistance if the price of MATIC starts to rise. The On-Balance Volume (OBV) is currently at 47.544B, which indicates that there has been a net outflow of funds from MATIC over the past 24 hours.
Overall, the price of MATIC has experienced a decrease over the past 24 hours, and the technical indicators suggest that the downward trend could potentially continue. However, there are also signs that the market may be oversold and that the price could rebound in the near future. Traders should monitor the key levels of support and resistance, as well as the volume and technical indicators, to make informed trading decisions.
$matic weekend long setupactually long matic here from the divergence at the bottom of the channel.
think markets range over the weekend. plenty of scalp opportunities.
planning to tp around $1.16 and assess from there.
#MATIC #LongMatic currency is completing a symmetric AB=CD pattern, which seems to be the end of the 2nd corrective wave and can complete the 3rd rising wave trend.
The level of invalidity of wave bottom analysis is one
MATIC As we can see, MATIC needs a bit of fall before going up in the Long Trading Volume.
All patterns show similarity, so the up trend is the case.
You may open a position but have to wait for a -10% to drop first.
If you set up the base line you will see that it has to drop a bit more, below the EMA to continue the first patters of Fib. Circles, but
it is a Long position.
Good luck!!
$matic short | $.75 targetshorted matic here. looks weak compared to other majors.
stop technically already moved to BE as we're in the middle of powell's conference.
MATIC Weekly View - March 2023Hello Guys, Weekly Analysis is on the MATICUSDT Symbol in a 1H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
Phased investmentThe AidiFinance project is revolutionary in the world of cryptocurrency and is greatly underestimated. For a long time, the development team has been building an ecosystem aimed at rewarding holders from using software products. Holders already receive rewards in the form of Matic in the amount of 2% of the volume.
Development completed:
- AidiSwap is a multi-network exchanger operating on BSC, ETH, Polygon networks;
- AidiCraft - NFT marketplace, running on the Polygon network, provides integration into OpenSea and Raible, the built-in Lazyminting system. It will soon be available for use by other projects with their own coins;
- AidiBets - sports betting, cyber games, slot machines, poker, blackjack, roulette and much more;
- AidiRaffle is a platform for conducting lotteries and sweepstakes, which allows any projects to organize collections to raise funds for marketing and other purposes.
In the second quarter, developers will present:
- a platform for staking;
- AidiCard - virtual cards (VISA, MasterCard), with the possibility of payments in stablecoins anywhere in the world, No KYC.
In the near future, the team plans to create:
- AidiPlayFi platform for game developers, which will interact with the NFT marketplace AidiCraft;
- AidiConnect is an intelligent tracker for providing the ability to track your investments and predict profits.
The projected price is $1.5-$2 in the next 2 years.
Polygon contract: 0xDFc2C4ce66561c3ee53dbeA9ff78550F395a25e2
MATIC shortPolygan lost uptrend (green line)
0.95 support line, is nocked 3 times (1,2,3)
Both conditions shows bearish market
Support level A (Weak) and B (Strong) are next level of Polygan areas
🔥MATIC REACH THE BOTTOM OF THE CHANNEL: REVERSE SOON?🔥Hi, friends! During the last speech of Jerome Powell said that if USA launch CBDC (digital USD), the price of crypto will go to 0. Also, the troubles with US banks push the price of the whole market lower.
Matic is one of the strongest altcoins, so I think it will be the top gainer among other altcoins when BTC start the pullback.
📊 MY TRADING PLANS FOR MATIC:
🔥 test the lower boundary of the channel as the support
🔥 test the $0.88-0.92 value area as the support
🔥 volume growth which indicates the bottom
🔥 bullish BTC
🚩 I use DOM and Footrpint
✅ MY TARGETS FOR MATIC:
1. $1.4 - the mid of the channel
2. $1.8 - the top of the channel
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade
🔥IT'S TIME TO SHOW THE POWER FOR APT AFTER 50% PULLBACK🔥Hi, friends! Aptos make a 50% pullback and I think this is a time to look for a long. More in my idea trading plan!
📊 MY TRADING PLANS FOR APT:
🔥 false breakout of $10.62 key level
🔥 volume growth
🔥 bullish BTC
🚩 Friends, the bullish false breakout is when the price close below and the next candle close above the key level or just the wick collect stops of the long traders.
✅ MY TARGETS FOR APT:
1. $14 - the key level and local high
2. $16.74 - the key level
3. $20.4 - the key level and local high
Traders, do you still believe in Aptos or think that it returns to $2-3? Write your thoughts in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
long MATIC$MATIC bounced off the support level. Rise to resistance level at 1.24$ is likely to happen.
This is matic,your second favorite shitcoin.Ready to get rugged?If you want me to post about our rank1 favorite shitcoin comment on this one.
MATIC next MASSIVE move SOON !!Hello Traders,
Matic has been forming an ascending triangle since couple of weeks now !
It respected it`s borders very well !! , and I guess MATIC is one of few coins that didn't drop down again to it`s dip.
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On the chart you can see the Ascending triangle with it's target (move the chart to see it)
Breakout should be before 19 of July 2022.
I guess it will be before this date maybe around 15 JULY
Set your alarms ! and lets trade it as it go !!
** Notice that ascending triangles are more bullish than bearish, but in a bear market with all of the following situations running around us worldwide, you have to trade as it do, not by a greater probability.
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,,, Tell me, Do you count this as a Rising wedge? or an ascending triangle ?
Thumb up for more <3
Follow for more ideas on another ALTCOINS
maticmatic technical analysis:
Friends who were professionals made a good purchase in the middle of the fork. In the next analysis, I will specify the targets of the buying position.
Good luck
Karim Heydari
