What's next for MATIC / USDT?A beautiful symmetrical triangle formation on MATIC / USDT daily frame. RSI shows oversold condition. The MACD indicator shows that a downward price trend is likely to occur. Will this bounce of the bottom line and eventually break out to the upside?
If the price breaks out of the triangle in an upward sloping trend - I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG 1 - 2.67$
TG2 - 3.028$
I keep it simple and clean!
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Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
MATICBTC
Polygon (MATIC) - November 7Hello?
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(MATICUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.681 point: Expected to create a new wave.
The wave cannot be considered complete and requires careful trading.
(1D chart)
In the CCI-RC indicator, the CCI line has risen above the +100 point, entering an uptrend.
We need to see if the CCI line can touch the EMA line and continue the uptrend.
If the price maintains above the 1.634-1.837 range, a move is expected to move higher than the 2.447 point.
The key point for this rise is the 1.443 point.
Therefore, if the price holds above the 1.443 point, we expect the uptrend to continue.
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(MATICBTC 1W chart)
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** 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 the sake of 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 yet been released.
(Because it is not public, 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.)
MATIC - Is this a good time to buy? 🙄🙄MATIC broke through the important $1.63 level a week ago. After that, the price rose by 35%. MATIC is now correcting and gaining strength for a new move. Several scenarios are worth noting.
The first one is that the price will break through the trend line and head to the targets marked in the upper part of the chart. Or the second scenario - correction to $1.63, and then reaching new highs.
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: New ATHs?I think Matic needs a little rest and it's hard to keep up.
Polygon's next move is related to BTC: If Bitcoin does not breash, I'm almost certain that we will see new ATHs, and that will be exciting :)
Market RhymesNothing much to say. Chart says it all.
Looking forward for ultimate TARGET :D
Target : 0.0001
MATIC/BTC buy opportunityHi followers,
BINANCE:MATICBTC Bounced off support area, then formed higher low, which now suggests the possibility for a new big up move.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
❗❗❗
Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
MATICI am looking for a retest to the to TL.
Where the break out started, then my count would be confirmed and moon launch initiated.
Matic resuming uptrend?MATIC currently in a falling wedge during an uptrend. A bullish continuation pattern. Note the high volume upwards, and low volume downwards. This indicates small entities taking profit. Momentum indicates MATIC is oversold, so upside is to be expected.
💡MATICBTC ANALYSIS💡Hello Friends
When we look at the chart daily, there is a shark bull formation.
It is very risky to enter the trade before the bulky momentum arrives. Risk money management is very important in such transactions.
There are technical levels on the chart.
TP1:0.00002811
TP2:0.00003600
Entry level to trade :0.00002291 (at 4 Hour candle close)
Stop los: 0.00001842 (Based on my own money management)
IT IS NOT INVESTMENT ADVICE. IF YOU
BENEFIT FROM ANALYSIS, DON'T FORGET
TO LIKE AND FOLLOW 👍👍👍👍 IF THERE IS SOMETHING WRONG WITH THE FORMATION, YOU CAN ALSO BE AWARE.
📗📗EDUCATIONAL PURPOSES📗📗
Shark Bull Formation ( Bullish Shark Pattern)
EU foot, OX foot on the 113% - from 161.8%
prolong BC feet, OXI foot of extending to beyond the far 113'ü% OX foot
BCR foot of the AX 161.8% - is an extension 224'lük%
OTHERS unlike harmonic patterns, operations are entered as follows: Targets can be 61.8% of BC with
incoming stops at 88.6% of the input OX leg and at point C
MATIC 100%+ GAINS!This chart we see a 3/3 squeeze happening. (this can be seen on a few charts ive looked at which only means one thing... ALT SEASON)
Entry would be now, scaling in if you want, targets are as marked with green lines.
Notice this is the DAILY chart
Hope you all make some MULA
This is NOT financial advise, trade at your OWN risk.
Thank you,
Please leave a like and follow.
Take care.
12% probable profit in MATIC/BTCIf this analysis goes well, there is a probability of about 12% profit, but you should note that this profit is distributed in 3 stages. So saving profit is very important.
MATIC Inverse H&S patternMATIC Inverse H&S pattern
Buy if breakout for a risk reward ratio of 5.5
###NOT FINANCIAL ADVICE###
Polygon MATICUSDT Late Entry Attempt with Stop losswe can attempt to enter maticusdt pair with the stop loss on the lower high that is 1.928 with the entry on current price in case it continues its trend and make higher highs on its way up.
$MATIC, Something to watch on Today's close..$MATIC
Something to watch on Today's close..
Still looking at a break above ~3400 sats (highest value since July)
UCTS signalling a potential 2D Buy signal
Set alerts and wait for it
#MATIC
MATIC Retesting Local Support Before $2.70 and BeyondMATIC / POLYGON is an absolutely fantastic project that has a ton of growth and longevity. During the year's earlier run up, MATIC reached an ATH (all time high) of $2.70 which will be tested again soon after this key level of support is tested. If you can remember, during the last run up, MATIC continued sky high even as BTC and the major market was correcting, showing that this coin has the gas to keep running against the market. This is not financial advice, but I've been LONG on MATIC since $0.65 and I truly believe this will be a $10-15 asset by Spring-Summer 2022.
If you are long on MATIC and want to hear more analysis and fundamental updates on MATIC, SHIBA INU, KUMA INU, HINA INU, BTC, SNX and more, please drop me a like and don't be afraid to subscribe to my youtube channel linked in my bio where I'll be posting more frequently.
Matic updatesMATIC price action has been in a bullish tear, trading to the inverse of nearly every other cryptocurrency. Consequently, it was positioned perfectly for a rally and is now on track to create a new all-time highest weekly close.
Matic - is going sky rocket 🚀🚀MATIC is a very strong project from a fundamental point of view. The price has risen from its low to its high by more than 10,000%. Since May this year, the price has been in a downtrend. But as the bull market for bitcoin continues, we should expect a resumption of growth. A trend line has now formed on the chart, the price has broken through it and is now testing it as support. On the technical analysis side, this is a good buying opportunity.
Resistance lines are marked at the top.
In case of a false breakout, the price may correct to the area 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/USDTMATIC continues to build a higher high (HH), and a higher low (HL) breaks above the major resistance zone of $1.67 - $1.74. Now the resistance turns into support. There is no buying opportunity as closing is still pending, so wait for the confirmation and a pullback to support a buy. Price is Bullish above $1.40.
MATICUSDT Technical Analysis⏳ Spot
💎 MATICUSDT after broken above the symmetrical triangle by large green candles, has formed an ascending channel. After the breakout we can expect more Bullish move above the channel
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.655 - 1.550
☕️ TP1 1.888
🍺 TP2 2.170
🍻 TP3 2.500
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 1.450
Good Luck 🎲
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MATIC MOVEMENTS SHOWits just my own perspective... matic has good potential to move forward. dont panic keep hodl. we meet you at 2$.
Matic BTC 3dMatic has been consolidating against BTC for several months Is it time to break out ?
Matic retraced to the GP region of the pervious move and consolidated for some time.
We have started to see life in the volume.
We are pushing up against the trend line while also the RSI is trying to break above the 50 level
these are good signs of strength on a 3d.
ADX is going positive after a nice compression zone
+dmi is converging and trying to cross the -dmi
Already in this trade from deep but took more on the retest of the RSI on the daily as well.
=This is not trading advise.
I just draw lines and color them in.
Why should you buy a MATIC 🤔❓MATIC is a very strong coin from a fundamental point of view. How quickly this technology has flooded the blockchain sphere says a lot already.
From a technical point of view, a trend line has formed on the chart. The price has already tried to break this trend line, but it failed and ended up with a false break. But at the same time MATIC continues to consolidate near the level, this is a good signal, the longer the accumulation, the stronger the momentum will be.
A good buying opportunity would be a breakout and retest of the trend line as support.
What do you think about this coin? How much do you think it will be worth in the future?
If you would like us to analyse your coins, post in the comments below (only one coin).
