MATICLikely going to be bottomed now, and bounce around establishing the floor. Then break out into May
MATICBTC
MATIC, a bearish structure has formed on the chart!On the MATIC chart you can see a pattern - an upward wedge. According to the rules it is a bearish formation. Now we can distinguish a false breakout and high volume at the top. This is a bad signal. The price starts to squeeze near the lower boundary of the pattern. In the case of a breakout there may be a good opportunity to sell. Key levels where liquidity is located are marked below.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
#MATIC approaching targets#Matic as ive seen has hammer so its low is the SL which is 1.521 initial buy levels are 1.560 targets of 1.667
MATIC/USDT 155% Potential from here with Minimum Stop Loss#MATIC/USDT TA Update:-
$MATIC currently trading at $1.50
Big Dumped after broke down $2 Support as I mentioned in Bullish Matic Chart so SL hit already.
This Will be accumulation area.
This is 2nd Retest after Breakout.
-55% down from Recent ATH
I am expecting 155% upward move from here.
Keep in mind Risk Reward also.
Imo $1.15 is Good Stop Loss in Spot.
If Future trade then $1.30 is Good Stop Loss.
I Bought 10000 MATIC with $1.15 Stop Loss.
Support: $1.40/$1.20
Resistance:- $2.40/$3.70
MATIC, POLYGON, DAY TRADING, SIGNAL$MATIC after breaking down from the channel only just managed to hold support and is bouncing to retest channel. #Matic #cryptotrading #maticprice #bitcoinprice
MATIC BTC Trend reversal?MATICBTC analysis on daily timeframe:
MaticBTC is situated into a rising wedge which means a breakdown from this channel will happen. Now is sitting exactly on the support line
RSI is going down which is a sign that bulls are exhausted and also you can see a big bearish divergence (Price vs RSI indicator)
MACD +611 which is very much and it s still laggish.
The problem with Matic are:
-BTC dominance is about to breakout from falling wedge = Altcoins in satoshi will go down , so matic will break this support line and also the wedge and will go to the hell
-Tomorow (1 january) will close Daily,2days,3days,4days,5days candles,4 months and in 3 january weekly,two weeks,three weeks,monthly,2 months,3 months. This means a powerfull MOVE will happen
-MATICUSDT on daily if will close below 2.532$ the price will go down.
Play safe and Happy New year!!
MATIC BLASTING 💥 🚀Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 MATIC /USDT DAILY CHART
📌 PRICE ACTION - E-WAVE ANALYSIS - Fundamental Analysis
📍 MATIC is one of the hottest latest coin that has been always blasting since it has been launched
✍🏼 Straight to the point, I have already heard / read a NEWS (rumor) about the Polygon Netwrok or MATICUSDT being launched in Bitfinex crypto exchange, I personally see this investment worthy.
✍🏼 However, MATICUSDT looks good either in Technical and Fundamental.
✍🏼 MATIC is at the bottom of the parallel channel and it may get to its previous ATH it coming weeks.
Thanks for reading this TA
If you enjoyed reading this, I would appreciate it to let me know by clicking the LIKE button 👍🏼
🧐 ASK ME IF YOU GOT ANY PROBLEM AND OR QUESTION ABOUT THE CHART OR MY TA 🧐
⚠️ THIS IS NOT A FINANCIAL ADVICE, I HAVE ONLY SHARED MY THOUGHTS 🙌🏽
MATIC, in this case, you just have to wait for confirmation!MATIC is in a local trading range between the levels of $2.7 and $2.4. The price is in this range for two weeks already. It is dangerous to open trades yet, because it is not known who is stronger in this case - sellers or buyers. It is worth waiting for a clear confirmation.
It is also worth noting that the price starts decreasing near the lower boundary of the trading range. This is not a very good signal. In the case of squeeze and breakout there may be a good opportunity to sell. In the case of a false breakout there may be a good opportunity to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Simple but smartHi guys
There is valid support for one-day timeframes. I think you can think about buying until this support is broken. But if this support is broken, it is suitable for getting shorts
Meanwhile, this analysis is only for a fluctuation and it is a bit unlikely at the moment until the price resistance increases
Do not pay attention to shadows
Please like and follow for support
MATIC, DAILY TRADE, SIGNAL$MATIC had a good run and now back testing trendline like most alts. Nothing goes up in a straight line. Wait for another restest before aping into trade 🦧
📍Entry 2.05-2.09
📍SL -5%
📍TP - 3.9-4.2
#DYOR #NOTADVICE #MATIC
✴️ MATIC/USDTMATIC gives a break and closes above the candle on the major resistance zone. In a 4-Hour time frame, the price performed a retest back to the zone. Well, you can not have a buy limit order on the support around $1.70. Alts market will start to move if BTC continues to consolidate.
MATIC/USDTOn a 4-hour timeframe, MATIC broke the resistance of the $1.7 area and also retested it. I hope that you filled your MATIC bags near the $1.5 support area. Increase your stop loss to buying price and hold this trade. The next resistance is $1.95 - $2 area and the major resistance is $2.2 area. It is bullish as long as it holds above the $1.7 area.
Matic : Short after trendline breaks.i have eyes on Matic for the past few weeks. after Matic breaks the trend support, I will short Matic with a small sized position.
MATICOn a 4-hour TF, MATIC again rejected from the $2.40 resistance area. It is now trading near the support of a $2 area. It needs to hold the $2 support area otherwise we see more downward movement towards the $1.75 support area. Be sure to use stop loss in your positions.
$MATIC, Trying to restart...$MATIC
Trying to restart...
Willing to see if it can hodl this new leg up above ~4300 sats
A new 12H buy flashing (still long from the 2D Buy 20% up)
#MATIC
MATICHello Everyone...
Important price levels specified
We have an uptrend line that if it breaks we can experience a drop of $ 1 and 40 cents.
And in the second stage up to the price of $ 1....
Given that we have reached the ATH of this chart ... the chances of falling are higher
.
.
.
MATIC - Break down failed. Watch my A-Z plan. MATIC - Break down failed. Watch my A-Z plan.
U can see BIG volume in footprint of BTC.
That's a main reaso why i don't like to open any short ideas.
Matic (Poligon) coin is so strong!!! Trend line is brokenMatic (Polygon) coin is so strong!!! Trend line is broken
Polygon (MATIC) - January 13Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(MATICUSD 1W Chart)
Resistance section: 3.056-3.259
Support section: 1.634-1.837
If the price is maintained above the 2.447 point, it is expected to move towards resistance.
-------------------------------------
(MATICBTC 1W chart)
Resistance section: near the 0.00008526 point
Support period: 0.00003823-0.00004293
The interval 0.00007115-0.00007585 is the interval that determines the trend.
Therefore, the range of 0.00007115-0.00007585 can act as support and resistance, so trade cautiously.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
SHORT MATIC NOWits in a correction phase
if the length of C is the same as A
matic will come back to 1.360
thats a 40% drop
Matic Forming Bullish Falling wedge pattern on Higher Time FramePolygon $Matich showed very good strength through out market trend ! matic is one of the best bridge for eth !
Now making bullish falling wedge on 1D and HTF ! on breakout push of 30% to 40% profit expected
Ps:- This is not a financial advice its my observation on charts !
