MATICUSD - Contained Within Channel MATICUSD on a Weekly timeframe
Price has moved up within the Gaussian Channel
Price will likely led to a breakout to the upside as this containment within channel continues and is seen as support
This can be seen as a bullflag on the Monthly, which I have linked below
Matic
InvestMate|MATIC Time for Growth💲💲MATIC Time for Growth
💲Matic has been looking very pro growth in recent weeks.
💲You can see that the fundamentals are working and pushing this cryptocurrency upwards
💲Over the 21 November low we have been making a sequence of increasingly higher lows which is very indicative of a developing uptrend
💲We can see that we are above the 50 and 200 moving averages.
💲The nearest support zone is the zone defined by the cluster of two fibo levels.
💲The first is the 0.236 level of the entire upward wave from the June bottom to the November peak. The second is the 0.886 level of the entire upward wave from the July 2021 bottom to ath.
💲The most significant line of resistance will be the zone defined by the cluster of as many as three levels.
💲The first is the 0.382 level of the entire upward wave from the bottom of September this year to the peak of November. The second is the level of the October peak and the third last is the level of 0.618 of the entire upward wave from the covid bottom to the May 2021 peak.
💲The scenario I am playing out is to wait for a strong breakout and join the uptrend to reach the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
MATIC Double Bottom StructureDouble bottom will complete the structure.
It will be a great buying opportunity if this happens.
Good Luck and let's see what time brings.
Maticusdt Look at matic with
chart pattern
Weekly chart and wedge pattern
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This analysis is just my mental and personal idea
Please analyze before entering
Get approval first
MATIC / USDT LONG Hello traders
In today's session, we are watching the cryptocurrency Matic for a short-term buying opportunity after closing the downside wave for a small correction. Our first target is the top, and the second target is 1.27 FB Level.
BULL FLAG IN MATIC !!Just I Saw a Bull Flag In the MATIC Coin, Which is a Continuation Pattern, the trend of MATIC is Bullish right now which means, if MATIC breaks the Flag's vertical Resistance it will pump very quickly.
Your TARGET should be at $0.9700 and your Stop loss should be at $0.8942, which is the flag's Bottom.
Thanks for reading carefully, please follow me and write your thoughts.
Trading opportunity for MATICUSDTBased on technical factors there is a Buy position in :
📊 MATICUSDT
🔵 Buy Now 0.924
🧯 Stop loss 0.825
🏹 Target 1 1.067
🏹 Target 2 1.275
🏹 Target 3 1.530
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
MATIC - Ready for Higher30 cents to 1,27$ was the previous set and Matic seems ready for a new rise to the same level 1,27$
Only this time it will be the third and third attempts have greater chances of succeeding.
Still early since the first target is 1.09$ but things in crypto move fast.
Some projects will go to Zero, others will rise. Matic Polygon is in the second category.
News:
The number of Polygon-based NFT sales has increased by 191% since the end of September, the best result of any blockchain. This mark has been achieved by integrating Polygon's power into the infrastructure of top Web2 companies. In a short period of time, Starbucks, Instagram (Meta), Reddit and many others have used this Layer 2 blockchain's capabilities. How have NFTs fared during the downturn? Polygon saw a 191% increase in NFT sales since the end of September as Web2 companies attempted to fully integrate NFTs into their platforms.Starbucks, Reddit, and Meta have all integrated with Polygon.
Polygon is currently fourth among all chains in terms of total NFT sales since the beginning of the year. However, it would be more interesting to see how Polygon's successes this autumn have affected the price of the fuel powering its network. We're talking about MATIC, currently ranked tenth among the largest crypto assets.
Polygon seems like the right choice.
One Love,
The FXPROFESSOR
PS. Remember: market is GREAT if you are used to taking profits:
MATIC USDT | Scalping trade!#MATIC/USDT
🟢Entry price: 0.875 - 0.84
🎯Targets:
|> 0.9525 (Sell 20%)
|> 1 (Sell 30%)
|> 1.12 (Sell 40%)
|> 1.22 (Sell 10%)
🔴Stop-loss: 0.8(1D candle Close under it)
➡️Recommended risk: 0.25%
➡️Recommended Position Size : 14%
stay safe and trade safe
thank you!
matic/usdt by khalid osman best support and r for next 2 year im not waiting a line to test twise and drow a line to smart mony do a liq grab on me in 3 time i have a secret i can drow ghost support and re also im all in in those price
MATIC Takes Off And Bitcoin Moves To A Daily Up TrendIt's nice to see some proper green in the market the last couple of days but don't get ahead of yourself, it is only 2 days so far and while it would be lovely to see bitcoin at 20,000 on Christmas day, we still have a long way to go.
I break down the top-10 in crypto in this video and the charts I am watching.
Please feel free to ask any questions in the comments section and hit that little rocket ship bottom right.
Thank you!
MATIC / USDT 1D chart Resistance and SupportHello everyone, I invite you to review the MATIC chart in pair to USDT also on a one-day timeframe. As the first we will mark the downtrend lines in blue and with the yellow line the local downtrend line. Both of these lines were broken by the price.
First, we will check the situation with the resistances that the price must overcome and here we see that we have the first resistance at $0.81, the second at $0.69, the third at $0.53 and the fourth at $0.32.
Looking the other way, the same with the Fib Retracement tool we will check what support we should take into account, so the first support that the price is currently fighting is $ 0.93, if we manage to break it, we have the second at $ 1.31, the third at $ 1.63 and the fourth support at $1.93.
Looking at the CHOP index, we see that the energy is gaining more and more strength, the MACD indicator indicates that we have entered an uptrend, while the volume is increasing, with buyers predominating.
Polygon Remains One Of The Strongest ... (111%+ Possible)Polygon (MATICUSDT) has been really strong ever since the June 2022 low and is setting itself up once again for fast growth.
With the current chart we have on screen, we can project a mid-term target of 115%+ growth potential, even possible in the short-term.
That's because we have higher lows and massive strength shown when the correction took place. Prices stayed above the .618 Fib. retracement level.
The easy target can be seen around $1.14 and $1.25.
The main target can be set around $1.85.
It is a bit far off, but once the Altcoins start moving, they tend to do so fast and strong.
No doubt about that, that's why we like crypto...
Endless opportunities and massive potential for growth.
Namaste.
Breakout is being Prepared In MATICMATIC has Vertical Support and Resistance in 15 minutes and 30 minutes, If it breaks any of them then it will move very fastly, you can also draw on your charts as mine.
Polygon MATIC price Medium and Long term tradeThe MaticUSDT price was one of the first to break out of the falling trend channel back in July this year.
Now MaticUSD is trading above the liquidity zone of $0.67 - 0.77
You can try a medium-term trade:
Entry $0.831
Stop $0.7624 (-8%)
Take profit $1.1974 (+44%)
Profit/loss ratio 5/1
You can also consider this trade as a long-term investment and hold it until the take profit of $1.90 (+127%)
You can also keep a larger stop on the position, around $0.67
There are many options, it depends on what parameters your risk and money management allows .
But it is probably not worth getting the Polygon token - Matic when the price will be below $0.67 . After all, there is an "emptiness" below the liquidity zone and the possibility of the MaticUSDT price collapsing to around $0.4
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