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Matic

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
COINBASE:MATICUSD
by CryptoSanders9563
2
🔥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.
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by Yuriy_Bishko
6
🔥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.
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by Yuriy_Bishko
3
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 $1.8 and crash after that. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
MShort
by Skyrexio
6
MATIC trade setup The idea is: Buy when the price breaks above 1.535$ and take profits at the levels shown in the chart. Targets: 1. 1.56$ 2. 1.62$ 3. 1.68$ ------------------------------------------- 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. ------------------------------------------- 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." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
MLong
by MBM_Crypto
6
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
MLong
by melikatrader94
15
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 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
45