MATICBTC testing hourly trendline for further gainsAfter testing the low climbed to the resistance area and testing it. Next leg can be 230
Maticnetwork
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 NetworkIn order to invest in low-volume coins, you need to look at the bid and bid details.
-MATICBTC-
Suddenly a huge drop touches the mid-term uptrend line and remains in place.
Check if you can climb between the box interval 0.00000212 ~ 0.00000254.
-MATICUSDT-
Long-term uptrend line is supported.
Suddenly a huge fall and broke all important points fell.
The spot below 0.01316 is a medium-term investment area and should not fall.
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Everyone wants to make a lot of money while trading.
It is important to select when to fall out and when to enter.
MATIC Network (Dec 14)#MATIC/BTC (Binance)
Entry Zone: 190 - 195
Take Profits: 210 - 230 - 250 - 275 - 300 - 325 - 350
Stop Loss: 179
After 50% hike in Two weeks, Matic dropped 70% in MinutesThe digital token Matic dropped an amazing 70% in just a single hour on December 10, making this probably the severest drop in crypto history. The token crumbled from $0.042 to $0.012 in a flash leaving traders totally bewildered. The dumped sum is generally $60 million as far as the market top.
This monstrous drop was to some degree sudden in light of the fact that Matic had been performing very well preceding the drop. It was up 180% over a range of about fourteen days before the drop. The emotional drop left the online life stage, Twitter in a craze with individuals scrutinizing the administration or thinking about whether it was an inside activity.
Source: TheCoinRepublic
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 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?
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 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.
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 bullishMatic seem very bullish even when bitcoin drop a lot, i think will reach again his ATH and maybe even more
btw the chart was made by month time frame, but i think is a question of day and week
still didnt have a binance account, create one here www.binance.com and support me thank!
$MATIC/BTC - no more leg up for nowCurrent $MATIC run is toping out at ~310 sats, in my opinion. Volume is decreasing again and a bearish divergence on the RSI (4h time frames) is visible. Based on past behaviour I reckon that MATIC/BTC will retrace again from here.
My price target for near future: 230-250 sats before further upside.
Disclaimer: personal opinion, no investment advice
BR
MATIC NETWORK to face final dropIf price will hold current high, it is likely we'll see a strong move down as a stop loss hunt.
$MATIC goin parabolic again ?MATIC/BTC price surged above the 200sats line. It could be on aparabolic run again.
More volume would be nice, though...
BR
MATIC Network Moving Within Ascending Channel | Path MappedMATIC Network (MATICBTC) is trading within an ascending channel and gaining momentum to the upside.
The chart for MATIC is completely bullish but a retrace might be coming up next.
We can see that MATICBTC is reaching the upper side of the channel as well as bearish divergence showing up on the MACD and RSI.
Prices are moving higher and things are looking good but remember that the markets move in waves, so each time there is a wave up, the move that follows is a retrace.
Previous chart:
Namaste.
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 - Why not?Matic offers something that is realy needed for blockchain in order to get mass adoption. This could potently be the real use case coin, which will result in another parabolic.
Why not?
MATICBTC formed bullish BAT | A good long opportunityPriceline of MATIC Network / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area can be used as stop loss in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000166 to 0.00000164
Sell between: 0.00000171 to 0.00000178
Regards,
Atif Akbar (moon333)