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Matic

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:
MLong
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.
MShort
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.
MLong
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.
MLong
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.
MLong
by ego1smo
(MATIC) Short setup I will be keeping an eye on.Details below but I will be keeping an eye on this opportunity. I doubt I will do TP3 myself but if you are greedy it's an option. Also, I was unsure on the stop loss on this. Basically you can set it just outside the resistance zone or you can move it up higher to the previous week value area high. I think i prefer the smaller stop loss. Asset:MATIC Trade Type:Short Evidence: 1. Naked Previous Week Point of Control 2. Daily Resistance 3. 236 retrace 4. Cur Month Point of Control 5. Weekly Pivot R1 Entry: 1.2217 Stop Loss 1.2701* TP1 1.1369 TP2: 1.094 TP3: None or 0.9266 Stop loss could be moved up to 1.3551 and still be a good R:R.
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by mrbudershank
🔥 LIDO DAO: THE TARGETS FOR THE BIGGEST STAKING PLATFORM🔥Hi, friends! Lido DAO is the biggest independent staking platform. A lot of stackers(and money) start to flow here after the US ban the Kraken staking products. I think it's the next crypto gainer, especially if SEC starts to regulate crypto. 📊 MY TRADING PLANS FOR LDO: 1. fall to the $1.93-2.2 value area and test it as support (close above) 2. volume growth (the buyers open longs) 3. bullish BTC 🚩 I use DOM a nd Footrpint scalping tools to identify the buy/sell orders of the whsales. It's not to hard, because you can see $1,5,10M orders and understand that the whales are going to buy or sell there. You can long or short crypto depends on this info. ✅ MY TARGETS FOR LDO: 🔥$3.32 - the local highs and key levels 🔥$5 - the key level and even number 🔥$10 - the even number $10 is a highly possible target if the regulation begins and such independent platform as Lido will pump. The same situation as it was with the collapse of FTX and wallets (TWT, SFP) and DEXes. 💻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
1
MATIC - Just Like A Bow And Arrow 🏹 Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. MATIC has been overall bullish trading inside the rising broadening wedge in blue and is now retesting the lower bound. Moreover, the zone 0.95 - 1.0 is a strong weekly support zone. 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support zone and lower red trendline. (acting as a non-horizontal support) As per my trading style: As MATIC approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 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
24
🔥FILECOIN IS GOING TO MAKE ANOTHER 40% PUMP AFTER THIS🔥 Hi friends! Filecoin is the biggest storage blockchain platform in the world. Like other storage platforms, its use case is relatively simple to grasp. Unlike centralized storage platforms like Google Cloud and Microsoft Azure, it uses decentralize storage platforms. Now FIL grows after the huge dump. If you know the main trigger of this pump, write in the comments. 📊 TRADING PLAN FOR FILECOIN: Filcoin consolidates inside the channel but already breaks the value area up. It confirms the bulls presence. Actually, we need to wait the breakout of the channel up and the test is at support to open a long trade trade. I recommend you open a long trade when the price break the channel up and successfully test it as a support. 🚩 If the price will make a false breakout of top of the channel, it will be a good signal to open a short trade because this accident shows the bulls weakness. You can see the same case at the beginning of December (red area), when the price break the important value area but break it down and the price fall for -35%. ✅ MY TARGETS FOR FILECOIN: 🔥 $4 - the key level 🔥 $4.35-4.5 - the value area 🔥 $5 - the key level 💻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
3