MATICUSDT
Uptrend turning point : 0.9483Hello traders!
If you "Follow" us, you can always get new information quickly.
Please also click “Boost”.
Have a good day.
-------------------------------------
(MATICUSDT chart)
(1M charts)
Since it has not yet risen above the MS-Signal indicator, it is difficult to say that it has turned into an upward trend.
Accordingly, the key is whether it can rise above 0.9279.
(1W chart)
The key is whether the price can be maintained above 0.7529 and rise above 0.9391.
(1D chart)
Looking at the overall picture, I think the range from 0.3840-0.5620 to 0.9483 is an important support and resistance range.
Accordingly, the direction in which one deviates from this section is important.
This is the current 1M chart's M-Signal indicator touched.
Therefore, the key is whether it can rise above the M-Signal indicator on the 1M chart and rise above 0.9483.
If this is not the case and it falls below 0.7403, there is a possibility that it may fall to around 0.6314, so you need to think about a response plan.
If the price rises above 0.9483 and holds, it is expected to turn into an upward trend.
--------------------------------------------------
- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
MATIC Set for Major Price Move as Whale Activity SpikesAfter an impressive run in November 2023, the price of MATIC, the native token of the Polygon PoS chain, has been largely muted, hovering just below the psychological resistance level of $0.80. But the asset’s recent lackluster price movement might be at an end. Amid the doldrums, recent whale activity suggests that MATIC might be ready to make its move.
Can MATIC make another dash at $1, or are new lows in store?
Is a double top forming on MATIC?I want to draw your attention to the fact that a technical analysis pattern called a double top is forming on the MATIC chart.
In case the local neckline, which is at a strong Fibonacci level of 0.618, is broken, we can expect the price to drop to around $0.56.
I believe it may be a good idea to place buy orders for the asset in the zone of $0.58-$0.60.
Please note that this is not financial advice, and any actions you take are at your own risk!
#Matic Wait For ConfirmIn case of breaking the 88 cents range, which a high-pressure candle wants to buy, you can enter a buy transaction in pullback. Considering that in the 4-hour period, it is placed in a corner of density, this failure from above can continue up to the specified supply area and the specified areas can continue.
Matic and BTC getting bullish!? Hello everyone,
Today we are talking about BTC and MATIC and the huge potential cryptocurrencies still got.
Please note all the %s given in the video are simply base on assumption and could not be accurate.
Please do not use this video to invest your finances in hope for future profit.
MATIC target 1.4712h time frame
-
MATIC is creating a potential double bottom structure. Taking a step forward to the lower time frame, MATIC just retested 0.5 Fibonacci Projection, which final target is 1.47. Also, use Fibonacci Extension on the wave from 1.568~0.492, it shows the first target at 1.44, which is closer to target from Fib Projection, and 1.44~1.47 is the neckline of this potential double bottom. Further, if MATIC complete this double bottom, final target will be 2.64.
-
TP: 1.44~1.47
SL: 0.7145
MATIC → Polygon Bull Run Near Complete! Reversal Time?Polygon had a beautiful double bottom at the Daily 200EMA and as predicted, ripping to the upside and near completing the trade of our last analysis. Where do we go from here?
How do we trade this? 🤔
We likely have more upside to go before we consider a reversal. Wait until the price makes contact with the Resistance Zone at $0.95. Look for a bear signal candle and confirmation before entering a position, then target a 1:2 Risk/Reward back down to the 30EMA. Protective stop just above where the price reversed, likely at the $0.95 area.
A bear signal candle usually has a long wick on top and closes on near its bottom. The confirmation candle usually consists of a strong bear candle closing on or near its low, "confirming" the reversal. Confirmation is a bit misleading, it just means we have a high enough probability based on historical data to justify a short position.
💡 Trade Idea 💡
Short Entry: $0.9240
🟥 Stop Loss: $0.9735
✅ Take Profit: $0.8250
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Double Bottom at 200EMA, Bias to Long!
2. Wait for bull run to finish. Target Resistance Zone for Reversal.
3. Look for Bear Signal and Confirmation Candles.
4. RSI around 68.00 and above Moving Average, Short-term Bias to Long.
5. If Reversal bars and RSI over 70.00, Consider a Short Position.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
SasanSeifi 💁♂ A Price Analysis of the 4-Hour TimeframeAs you can see in the 4-hour timeframe, the price has been in an uptrend from the demand zone at 0.73. It broke through the HIGH at 0.79 and grew by approximately 14% to the price range of 0.83. After the growth, the trend is currently range-bound in the price range of 0.80. In the 4-hour timeframe, it is very important to maintain the support levels of 0.80/0.79 cents for the continuation of the bullish trend of the symbol.
The expectation that we can consider in the 4-hour timeframe is that, if the support levels are maintained, we will see the price grow to the liquidity range of 0.87. Then, after a partial correction and pullback, it will again be accompanied by further growth up to the supply area and the bearish order block of the price ranges of 0.90 cents and 1 dollar. The possible trend is also shown in the above image. In the event of positive fluctuations, it will be important to see how the price reacts to the liquidity range of 0.87 cents to better understand the continuation of the movement.
🔵Remember, always conduct your analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
MATICUSDT BULLISHMatic has started pumping and reached at our 1st , we have secured our profit and wait can matic usdt will go up more? Yes! it will and we still can buy
MATIC/BTC huge move About to happenMATIC / BTC
This massive horizontal support against BTC was greatest one for MATIC since 2021 and never broken since that
Price is testing it again and on a quickly reaction the weekly candle got absorbed indicating bulls are buying here
If bulls will save their ass here again, mega bullish move will be followed for MATIC in next weeks in both BTC and USDT charts
If this support lost we gonna cash hard
#DYOR
MATIC/USDT 4HInterval CHARTI invite you to review the MATIC chart taking into account the four-hour interval. As we can see, the price has broken the downtrend lines, but currently we can see the price climbing the local upward trend.
Looking at the current growth, using Fib Retracement we will determine the places of further resistance that the price must face. And here you can see that we have gone above the resistance at the level of 0.618FIB, and are approaching a strong resistance zone from $0.93 to $0.98, when the price breaks above the resistance and positively tests it, we can see a move to around 1, $15.
Looking the other way, there is support at $0.84, then we have a second support around $0.79, and then there is a support zone from $0.76 to $0.72.
The CHOP index indicates that the energy is currently used for an upward movement, the RSI indicator is approaching the upper limit, but there is still room for a larger move, while the STOCH indicator is moving above the upper limit, which may limit the price increase in the coming time.
LDO vs MATIC 3day ChartLDO and MATIC here, as you can see on MATIC, when 200MAs formed it went parabolic (14,000%)
History doesn't always repeat, but it does rhyme. LDO should moon eventually, maybe after BTC halving.
These moving averages will form in about 20 days. If they form under price, in theory, it should be bullish. Also, it is possible for price to get pulled into these newly formed moving averages and then spring off of them. Notice it happened on MATIC.
I don't want to miss the LDO train when it leaves the station. I will probably acc. from here and dip down into the 3day white 100 if we get that.
Thanks for your time. Please follow here for more!
1 H SHORT MATICGreetings, traders. Recent market trends have seen a notable upswing in Bitcoin. The Relative Strength Index (RSI) for Matic is signaling a potential -5% correction in the near future. From my analysis, this presents an opportune moment to initiate a SHORT position, capitalizing on the anticipated downturn and securing profits at the -5% threshold.
Starting
SHORT 0.88
Matic short ⏰ period analysis 📌Completely ⚡ short period analysis based on Trend support and supply and demand
With movement shift // pls #DYOR
👉 I am expecting COINBASE:MATICUSD shifted 🙄 it's movement bullish side 😛 in day frame LL >> HL
Use 1% position size of ur liquid 💰
Leverage must be below 4X cross 🤞
⏰ expecting 30-50 day's below later invalid 📌
🔥Buy :: $0.5 - $0.54 < split liquid 💰 60% - 40% >
🎯 :: $0.6238 - $0.6475 < move stop lose to entry or profit >
🎯 :: $0.7280 - $0.7575 < 💯% exit >
Stop 🚏 lose < #SL > ::- $0.4804
MATIC/USDT Anticipating a Breakthrough Above Resistance? 👀 🚀 💎 Paradisers, focus on #MATICUSDT as it's showcasing a promising market behavior. Following a rejection at resistance, it is now regaining strength in a demand zone, preparing for another shot at breaking through the resistance, with a bullish move highly anticipated post-breakout.
💎 Reflecting on #MATIC past performance, it has shown a consistent pattern of following a descending trendline before breaking above to initiate an upward trend. Currently, it is maintaining strong momentum, signaling an equal low trajectory and gearing up for a potentially robust bullish move. If this upward momentum is sustained, #MATIC could be eyeing higher resistance levels at $.9819 and $1.2425.
💎 However, in the dynamic and often unpredictable world of cryptocurrency trading, #Polygon traders must stay prepared for various scenarios. If the present breakout effort doesn’t gain the expected traction, a prudent fallback strategy would involve preparing for a bullish recovery from the demand level of $0.7722. 🌴💰
MATICUSDT Idea - MATIC NETWORKGreetings, traders,
There exists potential for an upward movement within the following price ranges:
1. $0.8600
2. $0.8850
3. $0.9000
This is contingent upon successfully breaking the resistance line at $0.8180.
It's crucial to emphasize that the validity of the resistance break is confirmed with the acknowledgment of breaking the resistance line.
Best of luck in your trading endeavors.
BINANCE:MATICUSDT COINBASE:MATICUSD
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
MATIC Doesn't look goodLose the rectangle box, and MATIC doesn't look so good. Red line could be next very fast
MATICUSDTBecause the price of liquidity has swept 0.50, we expect the price to go up towards the ceiling.
However, I have highlighted the important areas in price
MATIC keep bouncing off 78.6 FIB, preppin for UPSIDE.MATIC, keeps touching the 78.6 FIB level -- and it keeps being rejected to the upside. This convey a strong order block support at this range.
Expect matic to go horizontal for a bit before a significant price change to the upside. The squeeze to the upside is imminent.
Spotted at 0.98
TAYOR.
MATIC/USDT Navigating the Bullish Wave? 👀🚀MATIC Today Analysis💎 Paradisers, set your sights on #MATICUSDT, as it weaves an intriguing narrative in the crypto arena. Grasping a pivotal support level, MATIC teases us with the high prospects of an upward ballet.
💎 Let's rewind a bit recently, #MATIC has shown us its flair for breaking resistances and gracefully leaping upwards. But after a slight stumble at the resistance of $.9811, it's back in the game, retesting what was once a barrier but now serves as a springboard a transformed support.
💎This dance above the support line is not just movement; it's a crescendo building up to a potential leap. #MATIC, with the poise of a seasoned performer, is eyeing the resistance once again at $.9811, and who knows, it might just pirouette to the lofty target of $1.1868.
💎But Paradisers, the market is an unpredictable stage. Should #MATIC falter in its upward choreography and dip below this critical demand, #POLYGON enthusiasts must brace for a different rhythm. A fallback plan? A potential bullish resurgence from the wings at the support level of $.7244. However, a dip below this mark might dim the spotlight on the bullish trend. 🌴💰