Buy on MATIC, Triangle strategy Buying on a pullback to a flag that has broken the triangle can be a good opportunity to buy
R/R=1.6
MATICBUSD
MATIC: The ride to 0.5$ may begin soon!Given the anticipated downward trajectory of BTC from its current levels, the price of MATIC will likewise experience a decline. Ant it has become more evident as the price has undergone four retests at the lower boundary of the triangle, indicating a potential greater downward movement soon!
Consequently, a break to the downside is expected, and it may be prudent to adopt a wait-and-observe approach for more favorable pricing opportunities.
It's said that one day, the mighty MATIC will set its course for the moon, but for now, it seems to be headed back down to Earth! Keep your eyes peeled and your senses sharp, as this journey promises to be a wild ride filled with unexpected twists and turns! :)
MATIC - A breakout is coming! Given the anticipated downward trajectory of BTC from its current levels, the price of MATIC will likewise experience a decline. Consequently, a break to the downside is expected, and it may be prudent to adopt a wait-and-observe approach for more favorable pricing opportunities.
It's said that one day, the mighty MATIC will set its course for the moon, but for now, it seems to be headed back down to Earth! Keep your eyes peeled and your senses sharp, as this journey promises to be a wild ride filled with unexpected twists and turns! :)
Quick Update on MATIC: Here's a quick look at MATIC 2-day chart.
Upon analysis, it appears that the current price of MATIC is undergoing a retest of the lower trendline. Should the price break below this level, a more substantial downward movement is expected to occur. Consequently, it is recommended to closely monitor this rising channel, particularly in the event of a downside breach.
Furthermore, the ongoing downward trajectory of Bitcoin suggests a high likelihood of a corresponding decrease in the value of MATIC. In the event that Bitcoin retraces to the $20k range, it is anticipated that MATIC's price level will decline to at least $0.5. However, it should be noted that the price of Bitcoin is expected to continue decreasing from its current level, which further suggests the possibility of a downside break in the rising channel for MATIC as well.
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Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it!
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
matic/busd buy callMatic/busd just tested support
and bounced back
buy : 1.1555
sl : 1.1465
tp 1.1773
MATIC - Keep an eye on this level!! Here's a quick look at MATIC 8 hr. chart.
The idea is: Buy when the price breaks above 1.148$ and take profits at the levels shown in the chart.
Targets:
1. 1.165$
2. 1.190$
3. 1.230$
4. 1.290$
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About our trades:
Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
MATIC next MASSIVE move SOON !!Hello Traders,
Matic has been forming an ascending triangle since couple of weeks now !
It respected it`s borders very well !! , and I guess MATIC is one of few coins that didn't drop down again to it`s dip.
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On the chart you can see the Ascending triangle with it's target (move the chart to see it)
Breakout should be before 19 of July 2022.
I guess it will be before this date maybe around 15 JULY
Set your alarms ! and lets trade it as it go !!
** Notice that ascending triangles are more bullish than bearish, but in a bear market with all of the following situations running around us worldwide, you have to trade as it do, not by a greater probability.
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,,, Tell me, Do you count this as a Rising wedge? or an ascending triangle ?
Thumb up for more <3
Follow for more ideas on another ALTCOINS
This Idea is for MATICUSDT LongHello dear traders
So, today my idea about MATICUSDT long
The possible scenario for MATIC is clearly visible on the chart for the Long term
possible Entries for long is 0.87_0.945
targets is
TP1: 1.08
TP2: 1.15
TP3: 1.25
TP4: 1.295
TP5: 1.42
TP6: 1.51
TP7: 1.68
BINANCE:MATICUSDT
MATICUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
MATIC trade setup The idea is: Buy when the price breaks above 1.535$ and take profits at the levels shown in the chart.
Targets:
1. 1.56$
2. 1.62$
3. 1.68$
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What's a Fair Value Gap (FVG) ?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
MATIC♾️ breakoutWassup guys! Polygon broke up this triangle📐 and I think there is chance for run to 1.1340 and even higher, but we could see some correction first. I traded the initial breakout but one can set BUY LIMIT order to previous range high to catch🎣 the potential pullback. As always ... don't chase the market, let the market come to you.
ENTRY : local high @ 1.0185
STOPLOSS (SL) : local low @ 0.9760
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 1.1340
REWARD RISK RATIO (RRR) : 2.65
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Matic could flyMATIC forming inverse head and sholder patern which means posible leg up.
Lets see, good luck!
MATIC - Will the price see a bounce?Here's a quick look at the Matic daily chart . As we can see, the price is currently oscillating within the bigger rising channel and is approaching the bottom. If the price bounces from the bottom of the rising channel , we may see a 50% rise to the top of the channel! But if the price breaks below the channel and doesn't manage to hold the support zone , then we may get down to 0.4$ or even lower! It all depends on the movement of BTC - If BTC goes south then MATIC is very likely to follow.
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
MATIC $1 HIT SOONMATIC Prediction.
Hit $1 BUY MATIC Now.
MATIC Resistance 0.85 and 0.92
Buy Now MATIC .
MATICUSDT trade will hit 161% fib level.MATICUSDT Trade perfectly correct and hit sell targets according to our all predictions. In recent analysis MATICUSDT trade has achieved 250% profit. Now we are in bullish session. trade will hit 161% fib level.
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MATIC targetPolygon Inverted Head and Shoulders undwinding. After long floating around the neckline, price finally shot up.🚀 I think there is chance for run to 1.095 and this is where I will close part of my longs.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Matic/usdt Hello everybody
My new trade
Long matic , look to rsi
First target- 0.888
Second one - 0.95 (small % )
Thanks and have a good day
Maticusdt in supply zone areaTrade moved and hit targets according to our all predictions. in recent analysis MATICUSDT trade has completed its correction path. Now we are in bullish zone. For long term entry, trade will get momentum from 20% fib level ( supply zone area) to hit 161% fib level.
Looking at Matic from mid term perspective $MATICStill consolidating, as you can see clearly using regretion bands.
$1 is a super strong demand zone if the current support breaks.
In my opinion risk to reward is amazing right now for the long setup.
Please exit once invalidated.
Cheers
Maticusdt1 forming an inverted head and shoulder
2 breaking the downtrend line
Buy 1.61-1.681
Sell at
2
MATICUSDT Trade analysis after achieving first targetMATICUSDT trade will be bullish after crossing accumulation period in coming boost session. For long term entry, trade will get momentum from 23% fib level (supply zone area) to hit 161% fib level.