Global view MATIC/USDTGlobal view MATIC/USDT
- formation of a large symmetrical triangle
- Feels great fib levels
- volumes began to grow
- preload of the blue zone (strong level + Fibo 50% + triangle resistance)
- good risk / reward ratio
- positive news background around the project, increased interest is possible due to the expectation of a new ieo on binance
Who is in position, stop at $ 0.0212 or $ 0.0187 (the lower value is more correct, but look at your risk management). Profits are marked with green zones of $ 0.027-0.034-0.041 and higher. The final goal is to prioritize breaking the triangle according to the classics, to the base height.
Who is out of position, wait for a breakthrough or retest the blue zone, profits and stops are listed above.
Do not forget to conduct your own analysis.
Maticnetwork
$MATIC. Uptrend. Second big wave.Well, well, well. I feel the second wave of the pump. I bet $Matic found the bottom around 230sats, every time when bears tried to push the price lower, bulls bought everything very quickly.
Time frame: 4H
Resistance:
~ Strong resistance 450sats
~ Light resistance 345sats
Support:
~ Strong support 230sats
~ EMA support lines
Enter/Buy ~ 245 - 265
Stop Loss ~ Hold
TP long ~ 1500sats
TP short ~ 450sats or higher
I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas. Good Luck!
MATIC Reached the bottom Reversing for a quick 20%Trading Signal - BUY
My buy price - 248
My (Trailing) Profit Take - 300 (5% Deviation)
My (Trailing) Stop Loss -230
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MaticNetwork/Bitcoin (June 15) #MATIC $MATIC #BTC $BTC#WAIT
Current Price : 240
Buyzone : Close to 210 as possible
Sellzone : 255-300
Stoploss : Under 205
Buy Back : 160
MATIC in a perfect worldIf we can make this bounce and confirm Daily support with another green candle, could be entering wave 3. Only in a perfect world would MATIC follow such a path.
There was a bullish divergence on the 1HR chart. Had a nice bounce once it met with support of the descending wedge. MATIC is still very bullish, don't let the down price action fool you!
MATIC - 3rd Impulse Wave just begun? If the Elliot Wave Pattern succeeds, We could see a massive move up soon. 350 Sats was already tested once so a revisit would be more likely to break through. There's not much resistance between 350 & 450 so it could be a violent move. I'm still HODL'ing this. Like I said in my previous posts, this could easily be a 900 Satoshi valuation and I'm basing that upon fundamentals such as the current market cap, what comparative tokens are valued at, and the likelyhood of coinbase listings, successful mainnet launch, Basechain integration announcements, and additional partnerships. I'm NOT basing my #'s upon hope. It should be obvious now, even to a novice, this is not a P&D. MATIC is holding its gains and is in the infancy of it's project, releasing their alpha net any day now. Good Luck all!
MATIC BTC Support & Resistance Zones As you can see in chart for Matic Btc pair 278-284 zone is a really strong resistance. I'm waiting an upward move from this support zone until 340-350 sats.
Candle close below support zone can be use as stop loss.
MATIC Lower Lows??$MATIC #MATIC (Update)
Looking Bearish & I'm Expecting Lower Lows...
Before Big Move It Might Test 200 Sats Area ..
Matic Network Coin looks like it's going to break out again! It looks like another similar channel is forming again to the upside. If it continues in this pattern we can hit new all time highs. I give $ 0.03 + a more than 50% chance to happen.
$MATIC. Buy & Hold- Resistance ~ 450 Sats .
- Support Level ~ 230 Sats
- ATH ~ 570 Sats
ENTER: 290-320 Sats
Stop Loss ~ 275-280
TP 1: 450 Sats , in the case if the price can't break out this level.
TP 2: 600 Sats
TP 3: 1000 Sats .
Friendly market news are coming soon...
Good Luck.
Bullish Cryptocurrency $MATICWe already saw the ATH, around 560 sats or $ 0.04 per token. Well, Matic is providing investors with a good opportunity to buy below 300 sats, and given that it has support from Coinbase and Binance. In addition, during this month the Matic Team must present several interesting updates such as Proof of Stake Validator, Plasma Implementation, Plasma Cross-asset Swaps. Seems, we can expect the price to lift from its current low levels.
- Resistance ~ 450 Sats.
- Support Level ~ 230 Sats
- ATH ~ 570 Sats
ENTER: 260-270 Sats
TP 1: 450 Sats, in the case if the price can't break out this level.
TP 2: 600 Sats
TP 3: 1000 Sats.
Good Luck.
I present you, MATIC, the sandworm.MATIC is looking like an ugly sandworm from Beetlejuice on our 4hr chart.
I think MATIC will go up to test resistance again before falling to test the support of the descending wedge which sits right on top of 200 sat. Reason being is that I don't see strong support at 230-220 and resistance of the wedge has been really strong. Volume is really unimpressive at these levels. Next line of support if the descending wedge support fails would be at our .236 of our Fib Retracement and 200 SMA(red line) sitting at 173 sat. Anywhere from 175-200 sat or breakout and confirmation from the descending wedge is where I'll be looking to make my entry.
We're also probably experiencing the BTC ripple effect. BTC is at a crucial moment, so alts become riskier for investors.
MaticNetwork/Bitcoin (1 June) #MATIC $MATIC #BTC $BTC#BUY #WAIT
Current price : 262
Buyzone : Close to 255 as possible
Sellzone : 290-350
Stoploss : Under 240
MATIC What's Next??$MATIC #MATIC (Update)
Looking Stable But If Doesn't Hold This Support Then It Can Test Support Zone..
Strong Support Region 180-200 Sats
King Not Stable So Alts Looking Risky..
It's Better To Wait For Dip.
MATIC Network Perfect Bull Run Example (+1068% Profits Wave)Let's take a look at the perfect bull run example. MATIC Network (MATICBTC) went on a run on Binance generating up to 1068% profits in just 11 days... Let's take a look at the chart:
MATICBTC 12h (720) on Binance
On the 9th of May the all-time low is hit and a new run starts. From this day until the 14th of May, MATICBTC goes up by 178%. When you think it is over, it only retraces for two days...
It starts to move up again and generate grows by an additional 135%, from the low of the retrace to the next peak.
Finally, after just two more days of retrace, MATICBTC grows by an additional 255%, for a total of 1068% growth from bottom to top.
Volume grew accordingly to price action. After the all-time high was hit at 573 satoshis, a longer correction period started, volume started to decrease.
Nice run.
Were you entertained?
Feel free to hit like to show your support.
Namaste.
LONG MATICBTC target +200% (900sat) $MATICWaited for correction on MATIC to start my long position based on this volumed bounce on region of double support
1. 0.382 of fibo
2. Trend line
I believe the hype will return and moontargets are 900sat and 1400sat
Of course, for risk management, I will raise my stop loss on the way up (if it goes up), and I will sell if this does not follow as intended