MATIC falling wedge#MATICUSDT
$MATIC is trading inside a falling wedge, that is a bullish pattern as you know. also price is near 0.618 fib level of last swing high.
there is a weekly support zone that include 0.786 fib level and a long term ascending support line that make it so strong.
#MATIC may have fall more inside the wedge to touch 0.786 , then break out from wedge , and head up toward the descending resistance line.
Maticnetwork
Cryptocurrencies, Bitcoin, Daily Chart, Trading Signal,BTC,MATIcMatic just nudging through resistance and likely to make a move up. Two targets on the chart.
MATIC longer correction ahead?Expecting short term relieve.
First target is 1,2 extension of current range. This is at the red trendline.
If this trendline is breached, a retest of the trendline is likely followed by a next downward move.
This makes part of a bigger corrective move in terms of EW.
Target of 41cents. Starting point of current upward move.
Key reaction zone: red trendline
If trendline is breached I expect it to happen by the majority of crypto's.
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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#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) To Retest ATH, $4.22 Price Target @ 161.80% FibsPolygon (Matic) To Retest ATH , $4.22 Price Target @ 161.80% Fibs. Matic is looking extremely healthy currently trading just below the key support level at the 38.20% fibs. We are looking extremely healthy for a continuation trend back to the ATH at $2.87. Our target after a retest of the ATH is at the 161.80% Fibs at $4.22 (157% Gain from the current price level). Please see previous analysis below. Happy trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and bottomed out @ $0.64. Currently Matic is trading @ $1.47 and if Matic can flip this key resistance above the 38.20% fibonacci level into support above $1.77, Matic looks poised for a big move (95% back to ATH ) from this support zone . 185% Gain to the 161.80% Fibonacci target @ $4.22. See previous analysis below. Happy Trading :)
Polygon (Matic) Script Buy Signal triggered EMA Crossover SMA Confirms the Bottom and Reversal in Price back to May Highs near the ATH (145% Gain). See previous analysis below. Happy Trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and the bottom @ $0.64, currently Matic is trading @ $1.04. Matic looks poised for a big move (175% back to ATH ) from this support zone . Happy Trading
Polygon (Matic) Update: 05 /08/2021: To Retest ATH @ $2.72 , Next Stop $3.24 @ 127.20% Fibs, then $3.94 @ 161.80% Fibs and $5.26 @ 227.20% Fibs. 121% Gain from current price to the 127.20% Fibs @ $3.24. Matic has been performing extremely well despite the blood on the streets...See previous analysis below. Happy trading :).
$Matic $Polygon
See Previous Analysis Below:
Matic New ATH $2.70 🎯(80% Gain from Buy Zone) Update: 18/ 05 /21 See previous analysis below. Happy trading :)
Polygon (Matic) Update: $1.78 Target Hit. Next Stop $2 at the 161.80% Fibs. 20% Gain from current price level to $2. Next Target after $2 at $2.58, 54% Gain from the current price level. See previous analysis below. Happy Trading :)
Polygon (Matic) Update 14/ 05 /21: Matic in Price discovery , our next target price $1.78 at the 227.20 Fibonacci extension . Targets Hit $1, $1.30, Next Stop $1.35 (7% Gain). With this continued momentum to the upside, it is a 43% Gain from current price level @ $1.24 to the 227.20% Fibonacci extension at $1.78. See previous analysis below :)
Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :)
Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain)
Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :)
Update 20/03/2021
Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :)
Update 20/03/2021
Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd
*Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas.
Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins.
What is Polygon?
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains.
Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Key Notes:
The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon.
Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
MATIC , repeating the last pattern ? so as you see in the RSI , we have a channel , so depends what will happen there . if it break out from the top of the channel , rise is expected ... the first target will be the ATH , and then 161.80% of fib .
we also have a golden cross , that can be a positive signal too.
Matic on it's 3rd leg of an Impulse?Love Matic, love catching a wave. Hopefully this newbie will ride it out and not wipe out!
maticusdt 0.700 $hi frend maticusdt
Friends, please follow me for other analysis
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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 LONGHere is a better entry with a lot of tp
entry - 1.37 - 1.39
tp - 1.67
tp 2 - 1.88
tp 3 - 2.03
long term - 2.5
sl 1 - 1.26
sl 2 - 1.03
MATIC LONGEntry - on or below 1.5- 1.52
sl - 1.25
tp 1 - 1.67
tp 2 - 1.88
tp 3 - 2$
i expect btc to start growing back up now, the fall was only because of high RSI...
maticusdt target 15 $ maticusdt
Target Ath : 19 $
Target 1 : 11.86 $
resistance : 10.96
Target 2 : 12.53
resistance : 11.80
Target 3 : 14.20
resistance : 13.01
🟢 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)
Bullish scenario..waiting for pullbackFor this bullish scenario we expect to see the pullback to enter long with small take profits on the red areas.
This is just one example of what I do, it is not financial advice.
Matic 1D There is a chance for growthThe correction on the MaticUSDT chart lasted longer than 2 months.
The vector of the correction was clear and understandable, without any encouraging bounces.
And finally, an encouraging picture for growth appeared on the MaticUSD chart.
Now, the main task of buyers is to keep the price of Matic above $0.75-0.88
If this mission will be successfully completed, it will open the way for growth to $1.70 . There, it is better to cover the longs and look around, because the possibility of working out our global idea of May 18, 2021 will still be in force.
We do not know exactly how everything will happen in the future, but the chart shows that the last time they bought MaticUSDT at $0.30-0.40
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Matic 1h ChartMatic retest the lower trendline and exactly bounced from the support which is around 1.42
Matik - the best place to buy here ❗❗❗❗Bitcoin went into a correction. All altcoins followed. Matic was no exception, correcting 17% from its high. The price found support at $1.4. It is dangerous to open trades now, but if Matic corrects to $1.25, that would be the best time to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Polygon (Matic) Ready for Moonshot 180% Gain to 161.80% FibsPolygon (Matic) Ready for Moonshot, currently 180% Gain to 161.80% Fibs at $4.22. See previous analysis below. Happy Trading :)
Polygon (Matic) Script Buy Signal triggered EMA Crossover SMA Confirms the Bottom and Reversal in Price back to May Highs near the ATH (145% Gain). See previous analysis below. Happy Trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and the bottom @ $0.64, currently Matic is trading @ $1.04. Matic looks poised for a big move (175% back to ATH ) from this support zone . Happy Trading
Polygon (Matic) Update: 05 /08/2021: To Retest ATH @ $2.72 , Next Stop $3.24 @ 127.20% Fibs, then $3.94 @ 161.80% Fibs and $5.26 @ 227.20% Fibs. 121% Gain from current price to the 127.20% Fibs @ $3.24. Matic has been performing extremely well despite the blood on the streets...See previous analysis below. Happy trading :).
$Matic $Polygon
See Previous Analysis Below:
Matic New ATH $2.70 🎯(80% Gain from Buy Zone) Update: 18/ 05 /21 See previous analysis below. Happy trading :)
Polygon (Matic) Update: $1.78 Target Hit. Next Stop $2 at the 161.80% Fibs. 20% Gain from current price level to $2. Next Target after $2 at $2.58, 54% Gain from the current price level. See previous analysis below. Happy Trading :)
Polygon (Matic) Update 14/ 05 /21: Matic in Price discovery , our next target price $1.78 at the 227.20 Fibonacci extension . Targets Hit $1, $1.30, Next Stop $1.35 (7% Gain). With this continued momentum to the upside, it is a 43% Gain from current price level @ $1.24 to the 227.20% Fibonacci extension at $1.78. See previous analysis below :)
Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :)
Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain)
Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :)
Update 20/03/2021
Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :)
Update 20/03/2021
Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd
*Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas.
Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins.
What is Polygon?
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains.
Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Key Notes:
The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon.
Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
Which scenario does matic accept? Two scenarios for this currency are likely, which according to the Como cloud, the green scenario will probably happen.
what do you think? please send comment for me