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MATICBTC

Matic & One ready for take off or consolidation?Both Polygon, Matic and Harmony have a different set-up, but have similar targets.. in case of Matic 0.5 usd and 1 usd certainly. Harmony 0.05 and 0.01 usd. I am still impressed of Matic's strength during Bitcoin's correction, though we have been hovering between 0.22 and 0.25 during bitcoin's correctional path. All altcoins have hit the 0.618 retrace and have been flirting with the 21 EMA. It might take a while as we could retest the 50 EMA and go sideways for a while. Only Matic has been strongly hovering above the 21 EMA for some time.. but could have a revisit before a run-up. Though, I see in most alts as Harmony a descending broadening wedge which I have explained in my previous post. And if I'm not wrong I can see a repeating fractal again (in the 2 pink frames), in Matic, mostly preceding a bullrun. This results mostly in a very violet upwards wave. Of-course we don't have enough date to confirm this. Volume is decreasing, but volatility is still present within a calculated retracement, which is good. All depends of timing and adoption, but the graph tells the news, and not vice versa.
MLong
by Wolverinos
Matic rapid transforming before Coinbase listing !I just finished my drawing and Matic confirmed the inverted H&S on the 15 mins. time frame... We have been launched in a new tradingzone from which we have found supporton the 0.28 usd level and are hovering around the 0.3 usd. Atm of speaking, the short term target is almost reached of 0.32 usd. and a next target of 0.4 usd is imminent. You know what will follow next.. Above Matic is just listed on Coinbase vs USD/EUR/GBP/BTC.. so everyone is targeted !
MLong
by Wolverinos
7
MATIC - OVERBOUGHT As you can see in the charts Matic is well overbought and is ready for a pullback after a very impressive run. Alongside bitcoin forming a head and shoulder pattern on the 4-hour chart, the overall market direction is pointing downward! I believe we will see downward movement for the remainder of the month before we head back up nearing the later half of the month - could be a great opportunity to load up on some cheaper coins! As always let me know your thoughts ''Buy Big Sell BIGGER'' - MegaWhale
FTX:MATICUSDShort
by MegaWhale
3
Matic/BtcMatic has been cooling off for the past 2 days. We might see a move soon. it could easily retrace to lower levels to cool off a bit more. Sky is the limit if this breaks out. In my opinion, Matic still got a long way to go - Gains are not done yet from this one. 1$ could be the charts. Matic is a coin that is known for its explosiveness, and the crash that comes with it. But that's all hype, and we will let the time decide. Trade this safe. Everything is bullish atm... So, no surprise if this breaks out. In these market conditions, one can buy even before the breakout, but that is not recommended due to the risk that follows. Buy at own your own will.
MLong
by MBM_Crypto
Matic most undervalued coinMatic, I have been trading and watching since the offspring, together with Theta, Thetafuel and other second layer scale solution coins.. As Theta paved the way.. which has done a mesmerizing 40x since the bottom.. Matic will be the next, as we are nearing ATH of 0.45 usd, which we touched twice in a row.. normally we should have had a right inverted shoulder playing out, but I guess we're in a hurry, as this might be sped up, by an inverted h&s playing out on the 1h chart.. with a certain visit to 0.45 or 0.5usd. If we hit that level and stay above,it will be a clear go.. Bitcoin is in a hesitating phase atm, but more bullish than bearish imo, as we're having a symmetrical triangle forming between the 30 and 40k level.. Invalidation if we break below the 35K level.. Fingers crossed. Btw, we have low volatility on a high level, which is positive.. for another leg up. I believe Matic could certainly visit levels of 0.1, which is 3x and 1 usd which is 30x.. but then we would have a significant move upwards of the whole crypto rankings.. I would say 500M usd and 1B usd is certainly a target.
MLong
by Wolverinos
2
Matic/Btc forming a big bull pennant. Matic has been doing well for the past few days. For continuation it has to break this pennant. Sky is the limit if this breaks out. In my opinion, Matic still got a long way to go - Gains are not done yet from this one. Matic is a coin that is known for its explosiveness, and the crash that comes with it. But that's all hype, and we will let the time decide. Trade this safe. Everything is bullish atm... So no surprise if this breaks out. In these market conditions, one can buy even before the breakout, but that is not recommended due to the risk that follows. Buy at own your own will.
MLong
by MBM_Crypto
2
Watch out for Matic/BtcMatic could explode if it breaks 203 sats. Could see another 25% run. Sky is the limit if this breaks out. In my opinion, Matic still got a long way to go - Gains are not done yet from this one. Matic is a coin that is known for its explosiveness, and the crash that comes with it. But that's all hype, and we will let the time decide. Trade this safe. Everything is bullish atm... So no surprise if this breaks out. In these market conditions, one can buy even before the breakout, but that is not recommended due to the risk that follows. Buy at own your own will.
MLong
by MBM_Crypto
12
Matic making momentum for launchAs many coins have already had a serious bullish momentum after a build up with similar structures, mostly double fractal with small retracements following each other, forming in an ascending pennant. A similar set-up is forming, not so clear, as Matic is always very volatile, which is a good thing for a build up.. On the right upper chart, Cardano (ADA) which is having a break-out from a double fractal structure, and below Ethereum which has a beginning of a break-out of that ascending wedge. I have no clear idea of where Matic would go eventually, but the price and trading range between 0.015 and 0.04 we have I'm quite sure left behind, and has formed a long support and momentum for much higher levels. I would say this volatility is a pattern that will change over time with higher volume. Matic/usdt has atm not yet 30M usd volume, which is peanuts. I can't imagine if volume would go to 500M usd or even more.. which is certainly possible. In every build up so far tokens have gone up with a significant leap after structures explained before and they haven't had large retracements afterwards, which I believe most alts have been undervalued for quite some time and had the chance to shake the weak hands.
MLong
by Wolverinos
Matic big bullish hourly again( All Target By Fibonacci indicator in several time frames ) We have big and strong support in 119 area. And for this target, I got confirmation from the 4-hour time frame We are in Bullish Trend guys and this target Taken from a bigger time frame by the Fibonacci indicator. (1h, 4h, 1d) I set two categories of targets for the long-term and short-term for you. Enter Price: 120 - 125 sat ( like my last post ) For short-term and hourly traders : Tp 1: 138 Tp 2: 143 For long-term and daily traders : Tp 1: 149 Tp 2: 157 Tp 3: 164 SL: 109 I hope you get a big profit from this deal Be careful: Watch the bitcoin move. If 42,000 is broken Altcoins may fall slightly. So if you used this analysis and made a profit, be sure to leave a comment Do not forget to like and follow ;)
MLong
by Mahdi1575
5
MATIC/USDT - Bull exhaustion or primed for more price discovery?To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome. Trend = bullish (upward channel, HH & HL's) Notes: - As most alts, very bullish and just had a great run up already. Currently hoovering around ATH resistance - Retested the 0.236 on the 4H twice, decent support strength - Volume not great compared to earlier run up, could point to exhaustion Ideas: - If 4H can break & close previous D1 resistance I'm expecting continuation of ATH/price discovery - If volume remains low/we don't break daily resistance I'm expecting a pullback. Potential bounce on the 0.236 fib, more likely around the 0.5 fib level (bottom channel/weekly support) and an upward bounce after
MLong
by Sidders