Matic
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected and finally broke its major resistance and retesting that to change it to a support base band then continue to reach the second target. The targets will be 1.6 and 1.7 .
Good luck.
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🔥SHIB IS GOING UP AFTER THIS MANIPULATION! TWITTER COIN🔥Hi, friends! SHIB as any other altcoins make a pullback before the pump. Our aim is to find the best entry point and enter the long in time.
I recommend you check my trading plan and use it when the huge pullback to the support value areas begins.
📊 TRADING PLAN FOR SHIB:
🔥 break the triangle down
🔥 test the value area $0.01186-0.0122 as the support
🔥 bullish BTC
🚩 Friends, I leave the small probability that the price continue to grow after the breakout of the triangle up. It's around 10-15% probability.
✅ THE MAIN TARGETS FOR SHIB:
1. $0.014 - the key level and even number
2. $0.01575 - the key level and local highs
3. $0.01783 - the key level and local highs
I think the upcoming pump can be related to the Twitter Coin announce, so stay tuned and use these preconditions to open your longs.
💻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.
Incompetent Management + Payed partnerships = MaticOpinion:
- Bad management bleeding money ->over 250mn in treasury in 2022 -> lay-offs in early 2023
- Treasury mostly held in Matic
- Social media storm brewing (#SANDEEP)
- End of $META partnership hype (Ca. Nov 2022) and begining of speculation over payed partnerships.
I will be writting a full thesis on this trade idea soon
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
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$Matic - End of PUMP Era - Retest $0.3Matic printing BEAR FLAG pattern just like $BTC did Jan-Apr 2022 (TERRA LUNA COLLAPSE)
POLYGON had already gone through big announcements and finally Sell the HYPE?
And ARBITRUM taking the edge over POLYGON
Complacency Phase. Expecting New All Time Low
MATIC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Polygon (MATIC) was one of last week’s big movers, however, it has now fallen for a fourth straight session.
MATIC/USD dropped to a bottom at $1.41 on Tuesday, less than a day after the price was trading at $1.50.
On Saturday, polygon bulls pushed prices deep into the overbought territory by leading the token to its strongest point since last April.
As a result of this overbuying, bears saw this as an opportunity to reenter the market, sending the RSI from a high of 75.10 to a current reading of 62.70.
The index is now hovering marginally above a floor at 62.00, and should this be broken, bears could attempt to extend recent declines.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
MATICUSDT 20022023 Short IdeaOn Hourly chart, MATIC has been trying hard to break and sustained above 1.5500, however it has failed thrice. Further on hourly timeframes MATIC is failing to break previous HH and making Higher lows. 1.4700-1.4800 has becoming important support Zone. Looking at the indicators, candles pattern and chart formation a short position can be taken as per below setup.
MATICUSDT
Entry: 1.4781
SL: 1.5417
TP: 1.3827
RRR: 1.56
Rejection of MaticI think there is opportunity for rejection of matic about 1.56 above. What do you think?
🔥MATIC IS GOING TO MAKE +120%, BUT ONLY AFTER THIS!🔥 Hi friends! MATIC looks much stronger than other altcoins because it's a strong fundamental project.
📊 THE TRADING PLAN FOR MATIC:
1. pullback to $1.3 key level (is a must-have) and test it or the false breakout (much better)
2. volume growth. As you can see, it always grows at the bottom
3. bullish BTC
🚩 It's essential to see the huge buy orders of the whales on DOM and Footprint. I use these scalping tools to track the big guys on crypto market and make a profit with them.
✅ THE LONG TARGETS FOR MATIC:
🔥 $2.1 - the ley level
🔥 $2.45 - the key level, local highs
🔥 $2.92 - the key level, ATH
If the price makes another 100%, it become #6 or #7 in the capitalization list (now #9), overtake XRP and reach $25B cap. Possibly, it can renew it's ATH if BTC reach $32-35k.
Traders, this is a scenario where I will open my longs, but it can go straight to the first target, because it's so strong.
💻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.
🔥MATIC IS A MOST STRONGEST ALTCOIN: +20% IS ONLY FIRST TARGET🔥 Hi friends! Matic fell well and very bullish altcoin unlike Cardano and many other weak altcoins. In this idea, I will explain my point of view and the most possible scenario for Polygon.
Now we see how the price makes a pullback after the test of the value area of $0.89-0.94 as the resistance. Matic fell to the key level of $0.76 and this is a key area where we should open a long.
📊 PRECONDITIONS TO OPEN A LONG ON MATIC:
1. false breakout of the key level of $0.76
2. volume growth
3. bullish BTC
✅ THE LONG TARGETS FOR MATIC:
🔥 $0.89-0.94 - closest value area and strong resistance
🔥 $1 - key level and even number
🔥 $1.3 - local highs and key level
🚩 Take a look at the chart and previous value areas tests. It became the strong resistance so often, so if MATIC makes a false breakout after reaching it, I recommend you to close the whole trade and pull the sl to breakeven. Also, you can try to open a short but only if you will see that BTC will become bearish soon.
Traders, what is your opinion on MATIC? Do you hold this coin as a long-term investment? Let me know 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.
MATIC usdt shortsetup 4 hourBINANCE:MATICUSDT
Heres my key Targets for MATIC rightnow.
TIGHT STOPLOSS ..
SHORT
LET'S GET THIS CRYPTO !!
BINANCE:MATICUSDT
MATIC looks bearishHello, everyone!
Let's take a look at the BINANCE:MATICUSDT chart. After the huge downside impulse price is printing the clear upward sloping trend channel. We can also notice that it formed the deviation below this channel. It was the fake breakdown to stimulate traders open short trades.
In such cases price usually tends to create the same deviation to the upside. It could perfectly coincides with the supply zone above. Therefore I expect the MATIC price a little bit higher at $1.8 and crash after that.
Best regards, Ivan
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Long: FTM/USDT.P, MATIC/USDT.P, and GRT/USDT.Pentered these a little hastily a little while ago but i'm thinking there may be just a tad more bullish price action to squeeze out from the insane moves we've seen recently.
i'll be playing these really defensive, moving stops up and scaling out as needed
MATIC trade setup The idea is: Buy when the price breaks above 1.535$ and take profits at the levels shown in the chart.
Targets:
1. 1.56$
2. 1.62$
3. 1.68$
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What's a Fair Value Gap (FVG) ?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
MATIC TRENDhello guys...
GOD, I love this pair! always have a lot of pump movements:))
there are two areas that can make this pair have some corrections. I show it as a pink area!
the first pink area is QML too it is a nice place for a small profit from a short position but doesn't expect too much downward movement from these areas.
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment
Polygon MATIC price will double or halve its value in few monthFinally, altcoins have started their upward movement, most of the ideas we have published on different coins over the past 2–3 weeks are in the process of working out the targets.
But the MATICUSDT price did not grow much on the crypto market in the last few days. In fact, the MATIC price was one of the first to break out of the downward trend in the summer of 2022 and has been in a protracted consolidation since then.
The way out of such consolidation will be a powerful impulse movement that will double the value of the Polygon token or halve it.
Therefore, it is very important to monitor the behavior of the MATICUSDT price around $0.75.
Another holding of the price above this level will increase the chance of starting growth to $1.50 per MATIC
However, if sellers can easily push and fix the price below $0.70-0.75, then this will be a signal that keeping MATIC in your portfolio may be unprofitable. After all, because of such conditions, an almost unobstructed path will open for the price to fall to 0.44
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MATIC - Road to 2024MATIC showed so much strength during this bear market.
There is always a downside when it comes to DCAing so the risk is obvious.
This is going to be a long accumulation year so keep the bags small.
I have been very patient with MATIC so imo it’s time to jump in with SMALL BAGS.
Winter is long; bags will get heavier.
📉💸 According to my analysis, #MATIC is likely to trend downwar📉💸 According to my analysis, #MATIC is likely to trend downwards in the near future. #cryptocurrency #trading 🔍💻💰
Bullish on MaticMatic Market Cap could double or triple over the next 3 months
Last time historically around this mark trajectory took us too an 18BN high
At 23% from prior we see a surge too 22.68BN
I think we trend higher than that, I think Mcap taps out at $31.28 BN's by end of May
Accumulation continues to trend upwards. It's a most favourable pivot point to a higher high if you have patience for a short term bearishness.