shorted matic here. looks weak compared to other majors. stop technically already moved to BE as we're in the middle of powell's conference.
Polygan lost uptrend (green line) 0.95 support line, is nocked 3 times (1,2,3) Both conditions shows bearish market Support level A (Weak) and B (Strong) are next level of Polygan areas
MATIC is so different from the whole market. However, it's also in a bearish state. but keep in mind that in case of any consolidation (of the bearish movement), MATIC will have a stronger move and will catch the green zone. then it (and the market) will continue the downtrend. its best timeframe to daytrade is 15min. only open short in market demand saturation.
Matic is at a major Montly resistance level and it's forming a LH on lower time frames. We can see that the momentum is slowing down and this could break down soon(not rulling out some scam wicks up before it breaks). Scaling in shorts here with Stops above last high. If Stops get triggered, will wait for price to get back under $1.55 to pull the trigger...
On Hourly chart, MATIC has been trying hard to break and sustained above 1.5500, however it has failed thrice. Further on hourly timeframes MATIC is failing to break previous HH and making Higher lows. 1.4700-1.4800 has becoming important support Zone. Looking at the indicators, candles pattern and chart formation a short position can be taken as per below...
BINANCE:MATICUSDT Heres my key Targets for MATIC rightnow. TIGHT STOPLOSS .. SHORT LET'S GET THIS CRYPTO !! BINANCE:MATICUSDT
MATIC/USDT 1 DAY Chart As per present #MATIC Technical Chart Analysis, based on Bearish Expansion Triangle Pattern, its 3rd final wave nearly completed today now and it's downside last wave will be starts. It's coming next target will be $1.13 and after next #BearishZone starts, next Lower-Low target is $0.69 upto April 2023.
The red box most probably will work as resistance so i looking at bearish breakers (retracement etc.) around $1.29 . If the price loses redbox ASAP, the price may dump more than we expect. Resistances can be seen in the chart.
Here you can see that in 1 hour time frame the "MATICUSDT" has a trendline support and the major resistance zone at "1.0298". And you look for a good SHORT TRADE here if the candle takes rejection from the point. ENTRY - "1.0278" TARGET - "0.9894" STOPLOSS - "1.0434" ENJOY!!!
Hello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Polygon (MATIC) Polygon should consider itself lucky despite losing 4.8% of its valuation in the past week, particularly when compared to ADA or SOL. This is because, at 75 cents currently, MATIC managed to stay...
My predict. Not financial advice. Not financial advice. Not financial advice.
Shorting if we do break downside off this range on weekly.
A potential Short Entry using 30mins TF on the Flip Zone area
Kinda the best setup ive ever seen on matic, so lets make a big bag
Hello everyone, let's take a look at the 1H MATIC to USDT chart as you can see the price is moving above the local uptrend line. Let's start by setting goals for the near future that we can consider: T1 - $ 0.7832 T2 - $ 0.7871 T3 - $ 0.7906 T4 - $ 0.7942 and T5 - $ 0.7991 Now let's move on to the stop loss in case of further market declines: SL1 - $ 0.7806 SL2...
Starting with a clean chart... A look at the weekly shows an extended V bottom, the V bottom is often seen as a recovery formation. Should the price fall below $0.52 I consider the formation eliminated. With the "extended" V bottom, the sideways (extended) consolidation phase serves as a pause and often resembles the shape of a channel or bull flag. I zoom in...
MaticUSDT is forming a bearish pattern and is heading towards the next key support level at 0.45 - 0.55. I am fully bearish on MATICUSDT. Currently my setup is as follows: Entry: 0.75 - 0.77 OTE: 0.74 Short Term: 0.65, 0.62, 0.57 Mid-Term: 0.50 , 0.45 Please be aware with your money.
MATIC/USDT ::: short position can be a smart choice . support :: 1- 0.6846 2- 0.6252 3- 0.5764