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Matic

MATIC Strong Castle 🏰 Analysis #17/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, we were waiting for MATIC to approach the 1.0 blue support to look for buy setups. on H4: Right Chart MATIC is forming an inverse head and shoulders pattern, but it is not ready to go yet. 🏹 Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline. Meanwhile, until the buy is activated, MATIC can still trade lower till the 1.0 support zone again. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
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by TheSignalyst
5
MATIC- New Targets (1.7$ next for now)MATIC POLYGON has been growing and becoming a success story in crypto. Since my first idea at 40 cents: we have had many ups and down...but mostly ups. Polygon has been a great one to buy every time the market dips and that's again today. 0.96 is support and if that fails we could see 76 cents again but i think this could be a great time to attempt a Long position (i do have a SL under 94 cents). News: Polygon Labs is proud to drop its Core Policy Principles – a set of four guideposts that will drive our approach to advocating for sound laws for the web3 ecosystem. More info 👇 Principles is something GREAT when it comes to crypto (so many scams out there...) Starbucks Sells 2,000 NFTs In Just 20 Minutes — But No Free Coffee Included: Starbucks Odyssey on Thursday unveiled its first set of paid-for NFTs, called “digital stamps,” which were sold out in under 20 minutes. What Happened: The Starbucks NFT program is invitation-only, offering customers the chance to take part in activities such as quizzes and in-store purchases to earn Stamps. These Stamps can then be collected and even resold on the cryptocurrency-trading platform, Nifty Gateway. uk.investing.com In general.. Matic is an oasis in a troubled crypto sphere. Go Matic! One Love, The FXPROFESSOR REMEMBER TO ENTER ON SUPPORT AND TAKE PROFIT AT RESISTANCE:
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by FX_Professor
Short MATIC vs USDTMatic is at a major Montly resistance level and it's forming a LH on lower time frames. We can see that the momentum is slowing down and this could break down soon(not rulling out some scam wicks up before it breaks). Scaling in shorts here with Stops above last high. If Stops get triggered, will wait for price to get back under $1.55 to pull the trigger again. Good luck. Follow, like the idea and feel free to leave a comment if you like it. Check out other ideas if you like this one.
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by Trader_CD
🔥ETHEREUM IS GOING TO NEW LOCAL HIGHS: DON'T MISS THIS PULLBACK🔥Hi, friends! Ethereum make a pullback with BTC, but in ETH/BTC pair we can see that #1 altcoin start to dominate. That's mean if BTC start growing to local highs, altcoins will pump so much. That's why it's important not to miss the entry points. 📊 MY TRADING PLANS FOR ETH: 🔥 pullback after the $1560-1580 but not deeper than the local low, which confirms the power of bulls 🔥 bullish BTC 🚩 DOM and Footprint show the bu y and sell HUGE orders of the whales which can confirm for us the best long and short entry points. I recommend you to use such ✅ MY TARGETS FOR ETH: 1. $1630-1650 - the value area and resistance 2. $1740 - the key level and local high 3. $2000 -the key level and even number Write in comments which altcoin you recommend to trade and that will be the top gainers for the last months! 💻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
by Yuriy_Bishko
6
✴️ Polygon (MATIC) End Of The Correction?It is hard to call the end of a correction but why? The bots adapt life to everything we do, everything we comment, everything we write, everything we share. The correction can be due to be over now but if a large influx of money enters the market, the exchanges bots will "readjust" and dump on all of us rather than let the market flow. No worries. The majority is in denial and it is hard to spot the end of a correction after all... Again, why? Because there are multiple levels that are relevant for a correction to end. Here we have the 0.618 Fib. retracement level short-term activated, below 0.382 Fib. retracement for the full bullish wave (since June) and lastly, the 0.5 Fib. extension level for this same wave as well. The correction can end here when we look at the volume and the indicators, they already moved down strong enough but, if prices where to continue lower, the 0.8600 to 0.8900 price range is the next strong support. It doesn't matter if the correction will end now or within a few days more... The bullish potential is really strong, Polygon has been growing since its June 2022 low. ✔️ 263 Days of higher highs and higher lows or almost 9 months. ✔️ The bear market ended in June 2022 for MATICUSDT... True, the bear market ended long ago. ✔️ Adapt and change. ✔️ Think long-term. Thanks a lot for your amazing and continued support. Namaste.
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by MasterAnanda
MATIC: Approaching SupportPolygon (MATIC) technical analysis: Trade setup : Price was rejected at $1.60 resistance and pulled back near $1.00 support, which could be an attractive swing entry. Momentum is inflecting bullish again (MACD Histogram rising). Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $1.00, then $0.75. The nearest Resistance Zone is $1.30, then $1.60.
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by altFINS
MATIC/USDT 4HInterval Resistance and SupportHello everyone, I invite you to review the MATIC chart in pair to USDT, also on a four-hour interval. First of all, using the yellow lines, we can mark the downtrend channel in which the price is currently moving. Now let's move on to marking the places of support. We will use the Trend Based Fib Extension tool to mark the supports, and as you can see, we have the first support at $1.06, the second support at $0.99, the third at $0.93, and the fourth at $0.87. Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we have the first significant resistance at $1.18, the next resistance at $1.24, then the third resistance at $1.30, and the fourth at $1.34. Now let's move on to Index CHOP which indicates that energy has been used for the correction but there is still some left. The MACD indicator is on the verge of entering a local downtrend. On the other hand, we see a significant rebound on the RSI, we are approaching the lower limit of the range, which may indicate an upcoming trend change.
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by cryptodailyuk
MATICUSDT potential mega-move (x3-x15)Based on the current market trend and technical analysis of MATICUSDT, the trading idea is to initiate a long position with a buy zone between 0.94-1.00$. Here's the rationale behind this trading idea: MATICUSDT has been in a strong uptrend since the beginning of the year and has shown consistent higher highs and higher lows on the daily chart. This indicates a strong bullish sentiment among buyers. The price has recently pulled back to the support level around 0.94-1.00$, which has historically acted as a strong support level in the past. This presents an opportunity to enter the market at a lower price point. The potential upside for MATICUSDT is very promising, with the first target at 1.75$, which represents a potential gain of around 75% from the current buy zone. This target is based on the previous resistance level that MATICUSDT has struggled to break in the past. The second target is at 2.35$, which represents a potential gain of around 135% from the buy zone. This target is based on the extension of the current bullish trend. The third target is at 3$, which represents a potential gain of around 200% from the buy zone. This target is based on the Fibonacci extension level of the previous uptrend. It's important to note that there are always risks involved in trading, and it's essential to have a proper risk management plan in place. Also, the potential uptrend of 15x is a hypothetical scenario, and there is no guarantee that the market will move in the expected direction. It's always recommended to perform due diligence and make informed decisions based on your risk tolerance and trading experience.
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by ego1smo