Matic NetworkA ridiculous movement came out.
We think that it was skyrocketed and plunged by certain specific people in coin which money turnout did not do well.
In order to trade reliably in the high-risk investment market, I would like to invest in high-volume coins.
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My chart has a lot of horizontal lines.
I think most of them will be useful directly or indirectly for trading.
So, my chart explanations talk a lot about flow.
Charts can be shared.
MATICBTC
Matic Bitcoin Pairjust ignore whatever whoever tells you about the potential of this project and it's gonna be 1000x in few years, it's all horse shit. Everything corrects and the sharper the rise, the sharper the correction.
Matic Network AnalysisHi guys!
First, what is the Matic Network?
Currently 86th in total market capitalization, the coin has been showing high volume on Binance in the last 24h.
The project aims at a scalable network and low-cost transactions.
I am analysing the BINANCE:MATICBTC chart so that we can predict this kind of scenario on future coins.
In short, we had a huge rally, then a period of doubt, and finally the breakout..
Right know, I think the coin is available at a discount (200% drop anyhow). The drop was due to rumors and whales from what I read.
What do you think about the coin?
MATIC/BTC TA Update (Goodbye Matic?)MATIC/BTC
OMG!, like I told you from my previous post about MATIC. Do not buy or you will get rekt when the ship started to sink.
Whales are so happy dumping this coin, I'm sorry for those who bought at the top.
We will have to forget this coin again for a couple of months.
Bullish move in Fibonacci ChannelIt looks like MATIC is again climbing in a channel. LONG Opportunity
On the way up there might be a resistance from SMA50 sending it back to the channel bottom (276 Satoshi)
However, eventually, I expect it to climb up to the channel top (344 Satoshi) (SHORT Opportunity)
And then back to the bottom of the channel (approx 276 Satoshi) (LONG Opportunity)
This is the same climbing channel I mentioned in A Peek to the Past:
Just a possibility... Curiously watching if the Fibo channel is at work again
MATIC/BTC Testing EngineeringRobo algo co-pilotThis ALGO indicator called the dump on the 3-Hour right before it fell off the cliff. Will post a chart of the 1 hour next! Good Work @EngineeringCrypto
MATICBTCMATIC Flash crashes to uptrend line, honestly I have never seen a move like this in my two years of trading, such a sudden drop, difficult to make any predictions of next price movement. Remember to all MATIC longs its only money! Posting this for reference in future.
A peek into the pastMATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel.
Two detectors predicted the top
Golden Ratio Top Detector (UO_GRFM)
Mayer Multiple
Golden Ratio Top Detector also showed the potential bottom correctly.
Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting.
Also note that is about to jump to an upper Fibonacci channel(78.60%) from 100% channel-- very bullish if this happens
A short MATIC story.Not much to be said.
Just another shit coin that has ended its wash & trade / pump cycle.
Now is time for beras to ripe the hefty rewards.
Recommended is 10X no more then that. It had a history of a last big spike before it died. So it might repeat again.
It MIGHT.
Enjoy & lets sell & short this indian scam.
$MATIC, Touched ATH BTC level & now retracing hard $MATIC
Touched ATH BTC level & now retracing hard, losing ~450 sats level as I tweet.
Based on Fib levels, we should expect a retrace up to ~300 sats (matching .618 retracement level) but it can get uglier.. (wait for reversal)
UCTS Turning red across all LTFs
#MATIC
MATIC Nearing Possible ShortNothing is confirmed yet but it does seem like we may be out of juice to push further and break the 0.04200 level. If indeed a correction comes this could be a great short opportunity, possibly to the 0.618 fib line (0.03130)
Or we could just be in an accumulation phase and just resting until the next wave up, but i doubt it. I realized some fake volume getting pushed in on Binance and some other tricky things.
Matic/BTC inverted head and shoulder breakoutBINANCE:MATICBTC a great coin to trade. We have a breakout waiting for retest of support. Target is at the chart. That's my trading plan for $matic
MATICBTC Crown's Fib Vampire ShtoyleBeing a newb today.
Heres my plan on how i am going to enter stupidly, and long term play this coin to get myself out of a bad position.
Wish me luck.
NOT FINANCIAL ADVICE! Dont be dumb like me :D
$MATIC, Unstoppable, 150% up in less than a month$MATIC
Unstoppable, 150% up in less than a month
Currently crossing over ~430 sats resistance & trying to flip it
If happens we will probably see new ATH for #MATIC
In any case, make sure to have proper SL to lock profits, because at some point IT WILL retrace!
MATIC/BTC TA Update (To The Moon?)MATIC/BTC
One thing is for sure, MATIC went straight to the moon without stop.
This is a 101% parabolic move as no support is built during its uptrend.
Stay away from this coin, Do not buy or you will get rekt when the ship starts to sink.
The best we can do is to watch and wait if he can hit an all-time high price.
MATICBTC can see volumes spike like previous one we see a narrowing range, we need more volumes to breakthrough
$MATIC/BTC - run not overCompared to the last parabolic run for $MATIC I do believe that there is still significant upside to expect.
Price is respecting already a very steep trend line up and for now no exhaustion can be seen.
The run might last another week, until the Coinbase-listing rumour finally gets resolved...
Trade safely !
BR
MATIC/BTC Re-Entry IdeaExpecting a retrace to the highlighted 1st green box before further upside potential.
MATICBTC its time maybe one more small up to finish ending diagonal but would be a really small one
then at least the first stop is .386 fib
If Matic Retrace - here i'm waiting Before Analyse Target Reached.
In the worst case if Matic drops, Retrace to the Candle and Golden 61% Support :)
