MATIC - SITTING ON A YEAR LONG TREND LINE - CryptoManiac101MATIC / BTC TA
We are sitting on nearly a year long trend line with historical movements indicating for a significant move up to occur shortly off this trend line.
Maticlong
MATIC/BTC now 16% up from our Entry#MATIC/BTC Update:
MATIC current price 210 Satoshi.
#MATIC now 16% up from our Entry.
If break upward then next Stop 300 Sat.
Otherwise we can see 100 Sat.
so trade with stop loss.
Move your stop loss.
play safe.
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Thank you
MAtic Network next Moves Profit potential 170+%MAtic Network next Moves Profit potential 170+%
Entry point 185-198
Stop-Loss 176-180
TF 1-3 month
MATIC/BTC TA Update (Pullback retest 200 Day MA?)MATIC/BTC
MATIC is showing a little bit of strength coming from a massive sell-off last Dec 10. MATC has 1 more chance to prove itself bullish if the price bounces off the 200D MA
and the upward sloping trend-line support between 170 areas. If MATIC does that, There is a sign of potential short term growth up to the 250 sats region.
For now, we will have to wait for a see in the coming days if MATIC will signal to buy pressure when reached key areas.
Ohhh baby its a triple!Triple falling wedge. I know its early but it looks to be forming a falling wedge.
Matic Lil Bull FlagMatic has produced a little bull flag post falling wedge, upsides expected. A rounded bottom can also be observed. Included Fibonacci retracement levels.
Matic - A Second Falling WedgeAnother falling wedge can be observed following a large falling wedge produced after a large drop in a short time frame.
MATIC/BTC TA Update (Relief Bounce?)MATIC/BTC
MATIC is the most lovable coin today, the price pump 60% and dumps 25%. What can I say about this? Well, Market Makers loves to play with dumb money entering the market.
This 60% move up is crystal clear relief rally which is only short-lived. I expect the price to rest the previous low at 180 sats. Be cautious, this coin is unpredictable.
MATIC Breaks out of falling wedgeAs you can see MATIC has broken out bullishly of the falling wedge formed due to the sharp drop that occurred. 0.236 is a possible resistance point for this bullish breakout, if this is broken MATIC will push higher.
MATIC weekly plan (Shorts and long)4th largest coin by volume on Binance. If you are not trading this coin, you are missing something.
After big pump & dump about -70%, it has broken its HTF MS structure. I am looking for shorts now as areas for re-tests.
Right now MATIC is very overbought and should have some "smaller" retracement (-10-17%) down to strong support (LTF MS Bullish break) which would be an area where I will look for longs.
As always, make it simple your chart and stick to your plan.
MATIC/BTC TA Update (Change 4hr Trend? or Bull trap?)MATIC/BTC
MATIC broke the downward trend-line resistance and potentially ready to set up a new higher high. If the price can hold above 206 - 185 sats,
there is a high probability to break new local highs up to 300 - 350 sats area.
MATICBTC Dead cat bounce 100%+As you can see MATIC experienced a severe drop to the upward trend line but then rebounded ~100%, dead cat bounces are a great way for swing traders too make money if they are paying attention..
MATIC/USD LONG AFTER SELL OFFBUY ENTRY
ENTRY 1 .01380
ENTRY 2 .01200
SL .005
TP.1 .01500
tp.2 .0200
tp.3 .0300
tp.4 .0400
MATIC/BTC TA Update (Get Ready For Relief Rally?)MATIC/BTC
MATIC drops 73% from the top and price bounces perfect at the ascending trend-line support. With this kind of price action, it usually follows a relief rally to retest the 0.618 resistance.
Many will get caught up unguarded here thinking the downfall is over. Whales love to play with new traders, trade wisely and don't get FOMO.
matic/usd long after 70% sell off At the time of writing, MATIC is trading down over 50% at its current price of $0.018, which marks an astonishing retrace from its recent highs of $0.042 that were set just a few days ago.
This latest drop was incredibly sharp and sudden, and happened over the span of mere minutes. This movement erased tens of millions of dollars off of MATIC’s market capitalization, and the embattled crypto has not been able to post any notable recovery in the time since this movement occurred.
Naturally, this movement also coincided with a massive increase in trading volume, which may have come about as traders quickly moved to sell their tokens.
It’s true that altcoins like MATIC – and especially those listed via IEOs – are particularly prone to heightened volatility, which primarily stems from the fact that their issuers typically hold a massive number of tokens, and that most of their trading volume comes from market making algorithms.
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.
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.
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.
MATIC/BTCMATIC/BTC-It moved 200%+ since August'2019 and needs to cool off(Retrace) a bit before continuing up.
Red bars could be area of interest for Scalp SHort while Green bars would be building longs.
MATICUSDT forming bullish Gartley | A good buying opportunityPriceline of Matic Network / US Dollar is forming a bullish Gartley pattern and soon it will be entered in potential reversal zone insha Allah.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.2691 to 0.2629
Sell between: 0.2740 to 0.2857
Regards,
Atif Akbar (moon333)
MATIC doing somethingAs I can see we are still over the trend line which came from may 2019.
There is a ma 50 & ema 50 cross in 30 mins and we are over ma 200 and tring to break ema 200.
I do hope we are going up but as I can see Matic overly influenced by btc way too much.
These might be nonsense to you but I do think if we cross 0.236 with good volume we might see 0.5 fast.
So brace yourselfs ^^
