MATIC has bottomed here..Think this coin has a ~15x move ahead of it..
MATIC/ETH pair has likely bottomed...
AggLayer and POL token should eventually drop giving it a nice narrative to propel it.
Matic
$MATIC GOOG TO BUY FROM HERE#MATIC is always a good buy, especially at the local lows!
I set buy orders in the orange zone, this is a long-term spot trade.
BINANCE:MATICUSDT
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MATICUSDT LongMatic H1 chart, we see new strong bullish OrderBlock . Target price is 0.7160 level. Bulls can reach this level easily, so we can find some good entry here.
Will MATIC reach $1 above in coming months?MATIC is struggling to break out from $0.60s and $0.70s due to low volume and short liquidation leverage.
If a breakout from $0.75 (resistance) can expect to reach $1.20
Reminder on MATICUSDThe large triangle is forming similar to the one prior to the 2021 breakout
I expect MATICUSD to melt faces post this triangle breakout
I have posted a chart like this before but it becomes more relevant everyday
BULLISH
MATIC/USDT Ready For a Bullish Reversal the Key Support💎#MATICUSDT is navigating an ascending channel and is currently poised to retest the channel's lower support. We anticipate that the support at $0.674 will hold and set the stage for a bullish reversal that could reach the channel's upper resistance.
💎However, if #Polygon fails to maintain the $0.674 support and breaks below, this could signal an extended downward trend. The subsequent critical demand zone at $0.630 is vital to watch, known for its strong liquidity and history of catalyzing significant upward movements.
💎On the other side, if CRYPTOCAP:MATIC revisits this demand zone, securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
💎Stay alert and ready to adapt, Paradisers. Your ParadiseTeam is vigilantly monitoring and prepared to guide you through the volatile dynamics of the #MATIC market.
MyCryptoParadise
iFeel the success
Will MATIC move towards $1.6Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
Alikze »» CRV | Congestion exit and dynamic trigger failureIn the weekly time, after a complex correction, now after exiting the concentration, it can take two paths in the face of the resistance ahead, of course,
🔰in the lower time, a shadow has been cast on the green box area. Therefore, after breaking the red bar, it will have the ability to grow up to the first supply zone, and if it continues, it can touch the second supply zone. If the behavior and structure of the post changes, it will be updated.
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MATICUSDT.4HBased on the technical analysis of the MATIC/USDT 4-hour chart provided, here’s a detailed and professional first-person analysis in English:
Upon examining the MATIC/USDT 4-hour chart, several key technical indicators and levels emerge, providing insights into potential price movements.
Trend and Resistance Analysis:
The chart shows that Matic (MATIC) has been in a consolidative phase with the current price around 0.7497 USD. The price is currently trading between the support and resistance levels, attempting to break above the immediate resistance level marked as R1, around 0.9511 USD. A successful breakout above this level could lead the price to test the next significant resistance at R2, which is around 1.2900 USD. The overall trend shows a gradual upward slope supported by a rising trend line (S1), indicating increasing buying pressure.
Support Levels:
On the downside, the primary support level is identified as S1 at 0.5885 USD. This level has shown strong buying interest previously and could act as a floor if the price starts to decline. The rising trend line further reinforces this support level, suggesting strong demand around this price zone.
RSI and MACD Indicators:
The Relative Strength Index (RSI) is currently at 50.72, indicating a neutral position. The RSI is in the middle range, suggesting that the market is not overbought or oversold, allowing for potential upward movement. The Moving Average Convergence Divergence (MACD) indicator shows a neutral to slightly bullish trend, with the MACD line (blue) close to the signal line (orange)
and the histogram indicating minimal momentum. This suggests that while there is no strong momentum currently, the potential for bullish movement exists.
Volume Analysis:
The volume pattern indicates moderate trading activity, with no significant spikes during recent price movements. This balanced participation from both buyers and sellers contributes to the current consolidation phase.
Conclusion:
In conclusion, the MATIC/USDT pair is currently in a consolidative phase with a neutral to slightly bullish bias. The RSI indicates a neutral position, while the MACD suggests a potential for building bullish momentum. Traders should closely monitor the support levels at 0.5885 USD and the resistance levels at 0.9511 USD and 1.2900 USD. A break above the resistance levels would confirm a bullish trend continuation, while a failure to hold the support levels could lead to further declines.
Overall, the market sentiment for MATIC remains cautiously optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
Polygon (MATIC) UpdateLooking at the MATICUSDT chart ( BINANCE:MATICUSDT ), it seems like the price might be getting ready for a breakout! Over the past few days, the price has been consolidating within a neutral channel, which could be a sign of potential built-up energy. If this happens, the price could break through the resistance line (the upper boundary of the channel) and head towards the higher levels within the upward price channel.
In simpler terms: MATIC's price has been holding steady recently, but it might be ready to make a move soon. There's a chance it could break out and climb higher!
Note: this is not financial advice, and it's always a good idea to do your own research before making any investment decisions.
#MATIC/USDT#MATIC
The price is moving in a head and shoulders pattern on the 4-hour frame and sticking to it well
We are now at the end of the formation of the right shoulder, and a rebound to the upside is expected
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 0.7300
The first goal is 0.800
The second goal is 0.860
The third goal is 0.9270
🔥 MATIC Massive Triangle: Accumulation Before Break OutMATIC has been trading inside this massive triangle for over 2 years at this point. Chances are that it will take another year before MATIC will finally break out of this pattern.
In my view, this triangle is a huge accumulation area where traders are loading in their bags in preparation for the next leg up.
This can really fly once we break out. Time will tell. Patience is key.
MATICUSD - Gaussian Channel Indicator ShiftA shift from the bearish red channel to the green bullish state is seen on this Weekly timeframe
Expecting incredible results from MATIC/Polygon.
Observational post.
Very bullish.
waiting for the prince MATIC to arrive,that's where the work Matic has so many significant support levels on the daily chart that one cannot ignore them. The areas I have identified are crucial Fibonacci points. On the daily chart, one must wait for Matic's prince to react in those areas.
182% with leverage x2 on MATICEntry from current levels, I also take leverage x2 for myself.
TP - $1.29
SL - $0.5
Achieving goals in 2 to 6 weeks.
This is not financial advice. Whatever you do, you do at your own risk!
MATIC - Clean and Clear ❗️Hello TradingView Family / Fellow Traders,
On Weekly: Left Chart
MATIC has been hovering within a big range in the shape of a flat rising channel marked in blue.
Currently, MATIC is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes.
On Daily: Right Chart
📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray.
📉 Meanwhile, MATIC would be bearish short-term and can still trade lower inside the weekly support.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
MATIC/USDT 4H Chart ReviewHello everyone, let's look at the 4H MATIC to USDT chart as we can see that the price is staying on a lopsided uptrend line.
Let's start by setting goals for the near future that we can include:
T1 = $0.73
T2 = $0.76
T3 = $0.79
AND
T4 = $0.82
Now let's move on to the stop-loss in case of further market declines:
SL1 = $0.67
SL2 = $0.64
AND
SL3 = $0.56
When we look at the RSI and STOCH indicators, we can see that the indicators are low and we additionally rely on the trend line, which may affect the price maintenance.
📈🔍 MATIC Long Trade Analysis 🔄💼Trade Overview:
MATIC has shown strong support around the $0.67 level for almost a month, making it an opportune level for entering a long spot trade.
Trade Setup:
Entry: Enter into a long spot trade at the $0.67 level of support.
Take Profit: Aim for profit targets at $0.85 - $0.90 and the next resistance area at $1.07 - $1.15.
Stop Loss: Set the stop loss just below $0.65 to manage risk effectively.
📊🛡️ Exercise caution and closely monitor MATIC's price movement for trade management! #MATICTrading #CryptoAnalysis 📉🚀
MATIC ANALYSIS (2H)MATIC seems to have formed a diametric from the bottom on the hourly time frame.
It now appears to be in the middle of wave E.
In the supply range, you can look for sell/short positions (scalpi).
Closing a 4-hour candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Polygon Matic price is at the bottom of global consolidationDuring the recent correction of the crypto market, the price of #MATICUSDT fell quite a bit, as for an altcoin from the top 20
However, the aggressive buyback of CRYPTOCAP:MATIC started from the critical zone, and this is good. Perhaps it was around $0.60 that big money was ready to buy.
Whether this is true or not, we will soon find out, because if the price of the #Polygon token is to start its upward trend, it should not more allowed to fall below $0.60
_____________________
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Polygon MATIC Intraday Trade SetupThe chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
Matic USDTMATIC Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 0.7924. Remember stop loss is your friend. Everything is on the chart.
Entry 0.7924
S.L 0.7092
T.P 1 0.8598
T.P 2 0.9483
T.P 3 1.0664
T.P 4 1.1854
