Matic can test previous supportsMATIC / USDT
Price is setting on weak trendline of rising wedge which is a bearish pattern
Incase of breakdown price will target the previous support
Keep an eye
Maticusd
MATIC WAVESI checked the Mitec currency and I think it is going down instead of up.
We have a large contractionary inverse triangle that will soon cause the price to decline
MATICUSD Four Hour ChartA megaphone like structure on the four hour chart
This is a bullish pattern and could lead price towards continuation upwards and of this megaphone
Hopefully a big breakout up comes
Polygon (MATIC) - November 13Hello?
Welcome, traders.
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Please also click "Boost".
Have a good day.
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(MATICBTC 1W chart)
Maintaining the price in the range of 0.0000 5049 to 0.0000 5393 or higher is expected to lead to a move to renew ATH.
When it falls below 0.0000 5049,
1st support: 0.0000 3910 ~ 0.0000 4415
2nd support: 0.0000 2954 ~ 0.0000 3337
You need to make sure it is supported by
As long as it does not fall below the range of 0.0000 2954 ~ 0.0000 3337, I think that a fall below 0.0000 5049 as a mid- to long-term investment would be a good buy range.
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(MATICUSDT 1W Chart)
The key is whether the price can be sustained above 1.2246.
To do that, you need to make sure you can move up along the uptrend line.
(1D chart)
Since the M-Signal line of the 1W chart and the M-Signal line of the 1M chart pass in the 0.8883-0.9486 section, it is important to be supported and rise in this section.
If not, you should check to see if the HA-Low indicator is supported in the 0.6201-0.7778 zone.
As seen in the MATICBTC chart, MATIC is a strong uptrend coin.
Therefore, if it falls to the 0.6164-0.8191 range, those who want to invest in the mid- to long-term will have a good buying opportunity.
This opportunity can cause great losses for some people, so a strategy is needed to reduce the loss and increase the number of coins corresponding to the profit with an appropriate response.
A drop below 0.5590 is likely to result in a sharp move, i.e. large volatility.
Therefore, it is possible to temporarily touch around 0.2340 and move up, so be careful.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Matic (polygon) Again so much hype even in bear market .
I cant believe it will go up more from the previous top 1.1 ish
Further my target 0.5 ish then again lower low .
GOOD LUCK
MATICUSD Profit to be made in range as well as break-outs.Polygon (MATICUSD) has been trading within a Channel Up since the June 18 bottom and on November 05 formed its latest Higher High. Since then, it has been highly volatile following the explosive mix of the FTX (bearish) and CPI (bullish) news. This should keep the price volatile and sideways mostly within the bottom (Higher Lows trend-line) of the Channel and the (dashed) Lower Highs trend-line, a sequence that took place from the previous August 14 High until October 17.
A break above the dashed Lower Highs would be bullish towards the 0.382 Fibonacci retracement level while further break, bullish towards the top (Higher Highs) of the Channel Up. Similarly, a break below the Channel Down would be bearish, targeting the previous dashed line.
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MATICUSD ❕ strong assetThe MATIC shows itself confidently in the current market.
The asset continues to trade above the liquidity zone.
Price is testing 50EMA as support (4H TF)
I expect growth when the price fixes above the support level.
MATIC SHORT SETUPHello, dear traders. how are you ? Today we have a setup to SELL/SHORT the MATIC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MATIC - Great R:R Trade! 🔥MATIC gave us a complex wave 4 and now we're at the extremes of wave 4. We have an invalidation level in place and we're almost at that level.
Taking a short entry anywhere near the blue structure will give us a great risk to reward. There's only limited space for it to move up but there's 75% raw gain to be made on the short. We're expecting wave 5 to go below wave 3 so once we pass that, we'll be looking for reversal patterns to get in on the longs.
Trade Idea:
- On lower timeframe, watch for rejection of the blue structure. This can be done via trendline breaks or BOS etc.
- Enter with stops above the blue structure
- Target the recent lows as first targets. Taper off position as we move lower
Check out @TradingElements_ idea for the weekly timeframe
Goodluck and as always, trade safe!
MATIC Polygon: Concerns AheadToday you can review the technical analysis idea on a 1D linear scale chart for Polygon (MATICUSDT).
The chart is self explanatory. I labeled the chart for Support and Resistance areas and lines. To support the analysis, I have included the Volume Profile (VPVR), Keltner Channels, Ichimoku Cloud, Fibonacci Retracement and RSI.
I have been calling drops on crypto since November and December of 2021. I am more concerned than before that more drops are coming. Be careful.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
MATICUSD ❕ continue to declineRSI chart moves in the sellers area (4H, 1H and 30m TFs)
Price has broken down 200EMA (4H TF) and 50EMA has broken down 200EMA (1H TF)
I expect a fall after overcoming the support.
MATIC SHOWS ++ VOLUME There are some volume trends on MATIC that can have a breakout on the low time frame
You can always take a look to study the trend.
Matic is known also as whale hodl coin.
We will see if this ++ volume will get into breakout in the coming time.
The 1 USD is the key level with confirmation.
Manage risk well if you are going to trade any coin.
Always wait for the right confirmation.
Crypto can go all sides.
Trading opportunity for MATICUSDT PolygonBased on technical factors there is a Long position in :
📊 MATICUSDT - Polygon
🔵 Long Now 1.1924
🧯 Stop loss 1.0644
🏹 Target 1 1.3629
🏹 Target 2 1.5296
🏹 Target 3 1.7461
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
MATIC and QUANT - MATIC has more left Comparing MATIC and QUANT structures
As you can see they are extremely similar
Although QUANT in yellow is slightly ahead of MATIC (by 80%)
I expect MATIC to follow QUANT's lead and rise 80% further to where QUANT has topped out right now
Double bottom on the side pattern
MATICUSDT Price growth will continue, but under what scenario?Our previous idea MATICUSDT didn't get too many views and likes, but it's a pity...
Just look at how she works beautifully:
Since the publication of our previous idea, at the maximum point, the increase in the MATICUSD price was +90%. The growth was stopped at the border of the trend line, which sellers have been controlling since the end of December 2021, and above it the price does not get yet.
During the growth, the MATICUSDT price quite easily passed upwards the liquidity zone of $0.67-0.81 and is now trying to establish itself above it.
The main question for the coming days: Will the buyers be able to pushing the MATIC price and still break through the purple trend line. Most likely, the point of struggle between buyers and sellers will be around $0.90
According to the results of the battle, it will be clear which of the scenarios will be activated: blue or red?
Safe entry long either after fixing the Polygon Matic price above the purple trend line or after a deep correction in the area of $0.65
If you are having a profitable long position MATICUSDT is great, but be careful when the price goes up to $0.90. And even better, moving up your stop during the growth, so as not to give your profit to the market.
The next goal for growth MATIC price remains valid from the previous idea - $1.10-1.20
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The next resistance is considered in the range of 1.40 to 1.70!MATIC had good price growth during the last week. The price of this currency, as it was in the short-term ascending channel, reached higher targets by breaking the resistance of the $1 range, with more support from buyers and a sharp increase in trading volume, which was the highest price recorded for MATIC in the last five months. The price is $1.15, and a strong reaction has been observed in this area. The price could enter a corrective wave, and the support in the $1-$1.07 range for MATIC could be a reasonable reaction area, at least for the first touch.
Considering that an important resistance has been broken in the weekly time frame if the weekly candle closes above the $1.075 range. If the short-term upward trend of Bitcoin continues, we can expect the continuation of Matic price growth after the price correction. Let's have the following weeks. For this purpose, the next resistance is considered in the range of 1.40 to 1.70 dollars, and the impact of the price in this area can have a heavy reaction. This resistance zone is related to the weekly interval, and the confirmation of its reaction is checked in this interval.
MATICUSDT LONGWhat I expect from MATIC is to correct the previous powerful bullish step in the form of a flag pattern and repeat the previous step. Be careful in your transactions, the analysis will be updated
MATICUSD - Major Breakout / ThoughtsMATIC has broken out spectacularly out of a major downtrend in red
This is leading to a new bull cycle that coincides well with a bottom for BTCUSD
MATIC in my eyes is a good choice as recent developments surrounding the NFT area and Reddit is a bull signal
Green circle is the breakout point
MATICUSD ❕ hammer for reversalRSI chart has entered overbought zone (4H TF)
On the 4H Timeframe, the price has formed a reversal candlestick pattern "Hammer" together with the reversal signal down on the indicator TD Sequential.
TD Sequential also formed a reversal signal down (1H TF)
I expect a fall if MATIC holds under resistance.
$MATIC Reached the Trading Target. Expecting a Pull Back to 1$$MATIC Reached the Trading Target. Expecting a Pull Back to 1$
Likely that the strength of the Layer 2 Narrative is to strong and might already bounce at $1.04-$1.06 area. Anyway I think other crypto's show better opportunities right now.
MATIC/USDT - LONG -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part.
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⚡️⚡️ MATIC/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 0.9664 - 100.0%
Take-Profit Orders:
1) 1.0089 - 20.0%
2) 1.0575 - 20.0%
3) 1.0993 - 20.0%
4) 1.1519 - 20.0%
5) 1.2666 - 20.0%
Stop-loss Orders:
1) 0.8964 - 100.0%
Trailing Configuration:
Take-Profit: Percentage (4.0%)
Stop: Breakeven -
Trigger: Target (1)
MATICusdt 1D break resistanceAs we can see in the chart, the resistance range has been broken and if the pullback is completed, we expect the formation of an increasing trend.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark