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Maticusd

MATIC compared with ETH 2017 @@ lfgMATIC compared with ETH 2017 :) no explanation necessary. damn things almost identical. now compare it to ada. the question you should be asking yourself is ; can i get more than 5x elsewhere? and with such apparent guarantee.. im not sure now. the way alts been acting lately (ie basically retracing their entire runs on a lot of them) they look weak asf. now let us pray this game of musical chairs aint over here. or covid doesn't whip out a more deadly strain for us all. have wonderful new years degen brother and sisters x
MLong
by Crypto-Quantum-Fox
6
MATIC SHORT TO $2.19 (or) $1.97A quick analysis on MATIC using both wave theory, Fibonacci analysis : Wave theory Analysis: 1) MATIC had a nice IMPULSE run-up from Jul 18th to Sep 4th going from $0.61 to $1.78 after a big correction from the previous high of $2.81 to $0.61 2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase 3) Looks like the 2nd wave correction is a simple zig-zag correction touching the support at $1.01 on 25 Sep 2021 4) New impulse Wave 3 then started from $1.01 on 25 Sep 2021 and ended at $2.91 on Dec 26, 2021 5) Wave 3 are usually the longest in the 5 wave series and this seems to be a perfect extended W1 Fibonacci analysis : 1) Wave 2 retraced perfectly at 61.8% of Wave 1 to at $1.01 on 25 Sep 2021 2) Wave 3 extended perfectly at 161% of Wave 1 to $2.91 on Dec 26, 2021 3) Now its time for Wave 4 which I think might take support at 23%, 38% or 50% retracement 4) Right now the Fib 23% is being tested at $2.47, if it doesn't hold maybe next support at 38% $2.2 or at 50% at $1.97 5) Once the FIB 23, 38 & 50 are tested then it will be on its wave 5 Pattern Analysis: 1) In the short term it fits into a nice classic head and shoulders pattern 2) The second shoulder is being just completed Summary : ------------- 1) Looks like the bears are still in control on Wave 4 2) The support line Fib 23% is being tested at $2.47, if it doesn't hold maybe next support at 38% $2.2 or at 50% at $1.97 should be tested Happy New year and happy trading guys !!!!!
COINBASE:MATICUSDShort
by JAN360
5
MATIC Potential Double TopMATIC is trending higher inside of an uptrend channel, but is putting in a potential double top. Price is trending above the short-term moving averages with all moving averages in a bullish cross. Lower indicators are all showing bullish trend and momentum behind price. Should MATIC pull back on double-top resistance watch for support in the $1.70-$1.45 area with additional support at the 200sma. A move above the double top and to new highs would indicate uptrend continuation.
M
by PrepForProfit
LONG on MATIC from Retracement Matic undergoing correction now, has pulled back a ratio of 0.382. After an extended rally, we expect retracement of MATIC down to the lower support zones around @ 2.232, where we look to BUY or LONG. This area is the golden pocket, a 0.618 retracement from the ATH where we look for a solid rebound. This region also overlaps with the 200 EMA on the 4H, which can provide even more support. Highly likely the MACD would reach oversold once we hit this level. Buy zone : 2.20 - 2.28 SL 2.02 TP 2.67 (0.786 fib level + major resistance region)
MLong
by Gold_D_Roger
MATIC could be ahead of a major rally.My most recent MATICUSD analysis was on the short-term, where the Channel Up patterns accurately illustrated a target for us: Now that this short-term 3.000 target was hit, I am shifting my focus on the longer-term correlations. With the use of the CCI on the 1D time-frame, I've spotted this fractal which if repeated, will be extremely bullish for MATIC. As you see, we are at the end of a Higher Highs pattern (green Triangle), which is similar to the one formed in January 2021. Those were the last days of MATIC accumulation before a major parabolic rally broke out. The CCI sequences are identical. Practically what this suggests, is that if the Higher Highs trend-line breaks (dashed lines), the coin may start a parabolic rally that can easily double or triple in price. Do you expect this to play out in the same way? -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
M
by TradingShot
7
MATIC - Is this a good time to buy?A few days ago, MATIC broke through the level of the previous all-time high. But as we can see, it was a false breakout, after which the price went under the level. It is worth pointing out that MATIC is globally in an uptrend, making higher highs and lows, which is a good signal. As long as this trend is unbroken, it is worth looking for good buying points. In case of a return, a squeeze, and a breakout of a 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.
MLong
by Yuriy_Bishko
8