MATIC/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
link to private chart:
Maticusd
MATIC Polygon - 17 MIN CHART PATTERNS EXPLORATION. 3 way.At this point i am looking for turn around around and then i'll buy on the way up. But that will be with social metering as well as world and politics. Fear is setting, manipulation will be beneficial for big money. we want big money. sS i continue to pursue the Geometry of the answer. Correlation based trends. I like that MATIC seems to be a bit of a darling. But this is leading towards and open market and not a one ring rules them all situation. The next competitor to pull ahead will be... I don't know. Someone tell me.
Matic - Compare with BTCThere is a Bullish Trend and ascending channel.
Resistances and supports are clear.
Matic has a good Fund.
The trend is completely clear. I compare it with BTC.
Search for Long setups.
EMA-approved uptrend.
Notice:
if the price will not break the resistance, could go down to the support areas.
This analysis has credit until the channel move on
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
#matic - $matic update my Previous analysisdear friends
this is a new update of Matic analysis.
there is an ascending channel from July until now.
the trend is Bullish.
resistance of the top of the channel is important,
if the price will broke that zone then it can go high at least 1X.
Matic - ETH 2017 macro bull pattern ; UPDATEMatic - ETH 2017 macro bull pattern ; UPDATE
Maybe its already cooked. That last wave might just have puttered out.
Though you can look at it two different ways, the indicators paint a bearish outlook. The price action SEEMS like it should make a new all time high,, but,, matics initial waves were MASSIVE so maybe its just run outa steam and compacted at the top.
We'll find out soon enough. I suggest you do so without holding the bag :)
In short I have no idea ; hoping that wave wasn't over and the indicators paint something bullish that makes sense soon.
I am neutral overall here. With buy orders above on FTM /SYS not matic.
gl
MATIC MATIC what congestion you caused on Polygon...MATIC MATIC what congestion you caused on Polygon...
Where are you heading now with bull divergence on 4H and congestion eased
Possibility 1 or Possibility 2
Which is more Probable
NAF DYOR
MaticUsdtHello This Is My Technical Analysis For Polygon(Matic) Crypto Follow & Like And If You Have Question Comment I Answer Good Days And Good Trades.
MATIC - Is this a good time to buy?A large trading range can be identified on the MATIC chart. After the price collected liquidity above the $2 level, a correction to the $1.5 level occurred. The price has now approached a key level, which is the middle of the trading range. In case of a squeeze and breakdown of the key level, there could be a good buying opportunity.
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.
MATIC/USDT - Potential 69% SetupHello Traders!
MATIC continues to move in an uptrend. Buyers' base of support is in the range of $1.44 - $1.60
MATIC has strong fundamentals and looks stronger than most altcoins on the market. Polygon is one of the advanced ecosystems competing with market leaders like AVAX, FTM, and SOL.
Entry in purchases can be sought closer to the $1.44 support level
It is safer to place a stop loss under the low of October 2021 - the price level of $1.15
Take profits in the range of $2.21 - $2.45.
It is worth noting that in 2022, the crypto market can expect a broad sideways trend in both Bitcoin and other altcoins. It is worth focusing on preserving your trading deposit and not expecting a quick All-Time High update.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Polygon MATIC: 1D Chart Review Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polygon (MATIC).
The chart is self-explanatory. A Head and Shoulders Pattern recently occurred with the measured move below multiple levels of support. The price is facing resistance and at the edge of the local support. Volume has been declining. RSI is at the support line as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have more charts 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! #cryptopickk
MATIC 1DMATIC/BTC and MATIC/ETH is weak.
MATIC/USDT Weekly just closed Bearish Shooting Star.
4 Hour is breaking Bear Flag.
However Weekly Stoch RSI is at Bottom so we must keep an eye on that.
As you can see, using the Daily chart, MATIC has done us well, so we expect it to continue behaving along the lines of this strategy.
MATIC 15 min detail FEB 13 & 14 - FED Reaction WatchLooking at the reaction areas of the FED anticipation VS announcement. This, on my chart and with how i translate my chart, looks like suppression, which means there is an energy building that could pop with the right statement and ripple effect of that story. Crypto is starting seperate in its sentiement form dollar and service token is starting to seperate from crypto. But Function is still in development. Money is still dollar and psychology will take the people back to the dollar until utility and security are accepted. The good news is that with this growing inflation the dollar will loose value and surviving value will shift to a different form. Chances pushed may lead to leaps forward.
MATICUSD AnalysisRising wedge has led to a breakdown back to 0.786, which is a good place for a potential reversal
I would like to see a sort of cup (like on a cup and handle) form following the rising wedge, this places it in a very bullish position
I am hodling MATIC currently
Reversal at 0.786 plz!
MATIC Polygon - 15 MIN CHART PATTERNS EXPLORATIONTaking a closer look at MATIC on the 15 min scale and measuring that against the next post which will be at the 4 hour scale.
Polygon (MATIC) - February 11Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(MATICUSD 1W Chart)
Above the 0.681 point: the uptrend expected to continue
Above 1.073-1.169 section: It is expected to make a new wave.
We need to see if we can continue moving along the uptrend line.
If the upward trend continues, it is expected to receive primary psychological resistance in the 2.375-2.552 section.
If it falls from the 1.542 point, a short-term Stop Loss is required.
If it falls from the 1.073 point, you need a Stop Loss to preserve your profit.
However, it may temporarily drop to around the 1.073 point, so countermeasures are needed.
(1D chart)
First resistance section: around the 2.447 point
Second resistance section: 3.056-3.259
Support section: 1.634-1.837
The interval 1.634-1.837 is the interval that determines the trend.
As such, we expect the trend to continue in the direction that deviates from the 1.542-2.023 range.
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(MATICBTC 1W chart)
Above 0.0000 2390 point: Expected to create a new wave.
What is important in the current flow is that the price stays above the uptrend line.
So, if you fall from the 0.0000 4415 point, you should check to see if it is moving similar to the path drawn on the chart.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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 Long ZoneDon't forget to Click on the follow button for more Daily Detailed Analysis. Please do ask any questions in the comments section should you have them!
The Recent rally amongst various Cryptocurrency markets has seen MATIC rise to some early resistance and rebound. On these rebounds we can start to look for Long positions aiming to the north. Remember do NOT buy after a fast move up and do not sell after a fast move down. This is called FOMO and will cause you to miss market moves.
From a TECH perspective we can look for comfortable support and price rejection areas to form our long bias. These are noted on the chart.
Use the Eclipse symbol for longside Exit.
Matic possible path Matic currently testing trendline resistance.
Possible H&S pattern.
I’m looking to buy near $1
Polygon MATIC - Open Chanel to April 2022 - 1 hr time chart I am enjoying thee play function on these charts from the time i post. here is a little more work on MATIC. I see this pattern that resembles a structured safety. Of course safety can fail but with this in place i feel confident of positive returns on Polygon MATIC investments.
MATIC, where is a good time to buy?In the last idea, we said that a break of the trend line and the $1.76 level could be a good buying opportunity.
After breaking the upper boundary of the range, the price went up almost 20% and tested the resistance zone. There was also a lot of volume at the top. This is a bad signal. As a result, we see a small pullback.
It is dangerous to buy now after such a strong rise. We should wait for a correction or a clear trading situation. The marked big value area is at the bottom. A test of this area as support could be a good buying opportunity.
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.
MATIC is making an impressive returnThis is my view of MATIC in short term. It is very hard to assume that it can make a new ATH this month following the reaction of BTC and also the total market.
But MATIC is getting an impressive return to the track and at least, we have a basis to look at the Fibonacci sequences combined with the volume profile and short-term resistance levels.
I will consider the Fibonacci sequences in short term
0.382 / 0.618 / 0.786 / 1
These sequences should be considered carefully following the BTC's moves.
Please like & share if you agree with my idea.
Thank you
NFA
MATIC - Watching closelyMATIC looking poised to make a move. Potential cup and handle forming on long term BTC chart. Confirmation and subsequent breakout of this pattern could lead to a significant break out above $3 on the $ chart. $ chart itself is forming somewhat of a C&H, maybe more of an ascending triangle. Watch for possible breakout.
MATIC, trendline breakout as a good buying opportunity!A trend line can be identified on the MATIC chart. It is also worth noting that volumes appeared at the bottom during the fall. This is a good signal. In case of a squeeze and a breakout of the trend line, there could be a good buying opportunity.
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.
