Polygon (MATIC) - September 24Hello?
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(MATICUSD 1W Chart) - Mid-Long-Term Perspective
Support and resistance are weak due to a sharp rise.
Accordingly, careful trading is required.
If the price maintains above the 0.234-0.346 range, we expect the uptrend to continue.
It forms a high point in the section 1.073-1.169.
So, if you fall in this zone, you can temporarily touch the 0.681-0.743 zone, so you need to think about how to respond.
(1D chart)
It is necessary to check whether the price can be maintained above the 1.073-1.169 section where the high point section is being formed.
Accordingly, if the price is maintained above the 1.227 point, it is expected to turn into an uptrend.
Resistance range: 1.634-1.837
Breaking out of the downtrend line is the priority to move towards resistance.
Therefore, it is necessary to see if it can rise above the 1.443 point and raise expectations for an uptrend.
If it falls in the 0.618-0.821 section, Stop Loss is required to preserve profit and loss.
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(MATICBTC 1W Chart) - Mid-Long-Term Perspective
Support and resistance are weak due to a sharp rise.
Accordingly, careful trading is required.
If the price is maintained above the 573 satoshi-784 satoshi range, it is expected that the upward trend will continue.
(1D chart)
We are walking sideways in the section 2390 Satoshi-3294 Satoshi.
Therefore, you need to check if there is any movement out of this section.
Support section: 1471 Satoshi-1941 Satoshi section
Resistance section: 3823 Satoshi-4293 Satoshi section
I think this resistance section is a psychological resistance section to rise above the 4415 Satoshi point.
Therefore, an upward break above this resistance area is expected to form a new uptrend.
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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 as price and volume move.
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 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.)
MATICBTC
Matic UptrendMatic is creating a trendline for uptrend in daily chart. Enter into spot trading when matic touch blue line.
MATIC , repeating the cycle ?well , I gotta say "idk" as an answer to the question in the title .
BUT ,
we'll see.
guys , as you see in the last pattern , MATIC started to rise when the golden cross was made. and guess what? right now , the golden cross has been made too. time to rise ?
the next thing , look at the RSI patterns , it is exactly like the channel we had before. also I marked those areas with blue in the chart too , to show y'all the similarities .
dudes , wait for the breakout , let the price break the blue rectangle and go upper than that . you can BUY there .
the first target is the ATH (the red line) , after breaking that , it'll be our 161.80% of Fibonacci which is around 6-7 $ .
after the rectangle breakout , we will probably witness a pump to ATH and then to Fib levels.
I have another MATIC analysis which I did it days ago , but that literally
sucked.
since I wasn't in a good mood that time , but anyway , I made this instead, the better and completed one .
and like always guys ,
don't forget to hit the like
and follow if you want.
MATICUSDT Technical Analysis
⏳ Spot
💎 MATICUSDT has formed a symmetrical triangle and the price has got several rejection from the green rectangle. The support line of the triangle has been pushing the price higher. The price should break above the triangle and go higher.
🏁 Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 1.300
☕️ TP1 2.400
🍺 TP2 3.400
🍻 TP3 _____
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 0.600
Good Luck 🎲
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Matic is ready to explode Pick up as much matic as u can as it is ready to go to MOONNNN. Inverse head and shoulder on matic
#MATICUSDT Trade Setup. 38% Scalping Opportunity!Welcome to this quick setup, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
MATIC broke out of the pattern recently.
It's retesting right now.
Also Broke above 21D MA which is bullish.
So this could be a reasonable trade.
But do your own research before trading, ALWAYS!
ENTRY: $1.18 to $1.315
Targets:
$1.47
$1.68
$1.73
Stop Loss:- $1.139
Recommended leverage: 2x to 5x
Spot if you want to be extra careful!
What's your thought on this?
If you want me to post more of these setups,
do hit the like button and share your views, coin requests etc in the comment section.
Thank you
#PEACE
Polygon (MATIC) technical analysisMATIC SELL OFF POSITIONS
Polygon (MATIC) technical analysis:
Trade setup: Broke below 1.50 resistance and stabilizing around 1.25 support area (also 50-day MA). Need it to break back above 1.50 resistance. Forecast: 2.00. (set a price alert).
Trend: Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line ( Bearish ) but RSI ~ 50 (Neutral).
OBV ( On Balance Volume ): is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers).
Support and Resistance: Nearest Support Zone is 1.25, then 1.00. The nearest Resistance Zone is 1.50, then 2.00 and 2.50.
-For more chart analysis on the crypto market follow, and if you agree with this, like and share.
Cheers.
maticusdt 0.700 $hi frend maticusdt
Friends, please follow me for other analysis
Do not forget to like
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sterategy1 :
In case of failure, we expect support from 1.28 to 1.111, and even this price is .700 $
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sterategy 2: strong
If the 1.528 resistance breaks, the price of 1.730 is not far from expectation
and Eventually we will see the price of $ 2 in the worst case scenario
And according to the trends, we are expected to reach this price in the near future
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To live a creative life, we must lose our fear of being wrong .
matic/btcMatic/BTC
1d chart analysis 100EMA retest and bounce...
Buy:-cmp
Target:-3928 ,4415,5218,6632 sent
Stoploss-:- NA
This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade...
happy trading...
thank you.....
MATIC/BTC another attempt - buy opportunityHi followers,
MATICBTC is on the move, breaking out of corrective structure.
Higher low which formed above support area , suggesting a beginning of a new up trend.
UPDATE : the first buying attempt closed as stop moved to entry point
Now the 2nd buying attempt is in play, after forming 2nd higher low, which may be suggesting the continuation of the uptrend.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share!
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
matic/usdt Matic/usdt
1day chart in cup and handle
And 1hour chart long trade matic/usdt bullice
Long - 1.66,1.68
Target-1.73,1.80,1.89,2.03,
Stoploss- 1.60
This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade...
Happy trading...
Thank you
MATIC/Polygon on track for symmetrical reversalI haven't been more sure about a IHS, than now.. very symmetrical build-up and a horizontal inverted Head & shoulders.
21 EMA as the lead, 50 EMA as support and the ascending trendline as a target to the 3th Elliot wave with a short term target of 2.7, equal to ATH as well.
Midterm target possible to 4 usd.
Bitcoin as well has potential to achieve mesmerizing highs, which I predicted before with a potential 100-300k target till end of this year or next year.
Corrections have been drastic, though not destructive, rather constructive.
Wait and watch this to play out.
House and garage pattern on hourlyHourly is showing a house and garage pattern.
Hourly phoenix ascending and macd ema indicate a possible reversal for a next leg up, or at least another extension for the house, however we need the fourth wall for the house to be complete and this I hope will happen in the next few 4hr candles though construction times are often uncertain. If price goes down to window level at least, or door level, that will be a good opportunity to enter.
Take care, and I hope I'm wrong.
Matic, The explosion is coming 🤑🤩Hello friends
MATIC has made inverse H&S on daily chart with target of 2.75$. If dear BTC let we make some money, MATIC will make us all rich 😂
Good luck
🟢 MATICUSDT 1D : #Buy_RecommendationWell, as we can see, the price has broken its downward trend and has reached the static resistance range, in this range, buying and investing is recommended. BINANCE:MATICUSDT
In order to buy, the SL (stop loss) and capital management must be observed.
All resistances and TPs (take profits) are marked on the chart.
👤 Arman Shaban
⚠️(DYOR)
$5 Matic is coming Matic is testing the neckline of Inverse H&S. Once it breaks it we will be going to $5 superfast. Get ready for Moon guys.
MATIC BTCYou're Peter Schiff
Sometimes I do not like to explain anything. Anyone who wants can enter and of course stop, nothing is free, sir / madam
MATICUSD AnalysisMATIC pictured consolidation and is priced at $1.63 after registering a price hike over the previous day. Currently, MATIC stood few notches below its three months high. The immediate support level for MATIC was at $1.38 and then at $1.28. MATIC hasn’t traded below the $1.28 level in almost three weeks.
Technicals are positive, Buying pressure noted an uptick and the Relative Strength Index stood above the mid-line. Awesome Oscillator flashed green signal bars. Bollinger Bands were converging somewhat and noted low volatility.
In the event of MATIC breaking its rangebound movement on the upside, it might attempt to topple its three-month high of $1.70 and set a new high
Feel free and get in touch for more updates, signals and trade alerts
Matic to $3Matic has Inverse H&S. the breakout of the neck line will give it a huge push to $3. Do not miss this move.