MATICUSDT
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. 🌴💰
MATIC → Clear Shot to $1.00!? This Chart Answers that Question.Polygon broke out of the 200EMA resistance and ran to the upside to flirt with the $1.00 price point in mid-November. We've now seen a two-legged pullback from that price and a double bottom seems to have formed. Does that mean we're ready to try for $1.00 again?
How do we trade this?
We do have many of the required conditions to get long! But we do need to wait on one more condition to give us the optimal probability for our long trade. A bull candle closing on or near its high is the final step and it looks like the current Daily candle could deliver! Once you see that close, it's reasonable to get long and go for a standard 1:2 Risk/Reward ratio, protective stop below the Daily 200EMA and set a profit target around the previous high of $0.95.
Also, be prepared for the bullish scenario to fail. Keep an eye on Bitcoin as a leading market indicator to see if it succeeds in breaking the Weekly Resistance. If Bitcoin reverses at the $39,000 - $40,000 level, watch MATIC's response closely and be prepared to get out of your long. Look for a strong bear bar closing on or near its low with followthrough.
Trade Idea
Long Entry : $0.77
Stop Loss: $0.70
Take Profit: $0.91
Risk/Reward Ratio: 1:2
Key Takeaways
1. Bull breakout of the 200EMA, Trending Bull!
2. Followed by Two-Legged Pullback, Ended Nov 23rd.
3. Double-Bottom Reversal, waiting for close of Strong Bull Candle.
4. RSI above Moving Average and around 55.00. Bias to Long.
5. Watch MATIC and Bitcoin for reversal signals, use caution.
You are solely responsible for your trades, trade at your own risk!
If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
MATICUSDT - D1\H4MATICUSDT
D1 - The price is in a corrective movement after a strong impulse, the movement may continue to the level of 0.640 from these levels, you can look for a pattern to enter a buy. Or wait until the trend line level is fixed and consider buying.
H4 - The price has formed a triangular formation, and potentially a 3-wave formation. You can try to buy from current levels or on breaking through the 1st wave with targets to levels 0.98 - 1.00
What can you expect?
After fixing the level of the upper border of the border, the entry can be considered from level values of 0.77 - 0.79. Cancel the idea, return to level 0.72
Long
Targets 0.8456 - 0.8764 - 0.9220 - 0.9823
Is Polygon (MATIC) Price About to Explode?MATIC price Action remains neutral, but there are some hidden signals that may lead to price spike.
The Polygon (MATIC) market has been presenting some intriguing signs that have caught the eye of vigilant investors. Recent activities suggest that there has been a silent accumulation of MATIC over the past two weeks, which often precedes significant price movement. With the price ranging during this period, the underlying question is whether MATIC is gearing up for an explosive move.
The price chart reveals that MATIC has indeed experienced a reversal after an unexpected and critical 21% drop. The market's response to this drop is crucial to understanding the future trajectory. Typically, after such a decline, savvy investors look for signs of accumulation as an indicator of potential upward momentum. This is due to the common market adage that "volume precedes price," suggesting that if accumulation is occurring, a price surge may be imminent.
An increase in volume accompanying the price range could indicate that investors are seeing value at these levels and are stepping in to buy, potentially setting the stage for a bullish trend. As seen on the daily MATIC/USDT chart, the volume profile is descending, which hints at a potential trend reversal in the foreseeable future.
Furthermore, we will be watching for a confirmed breakthrough on the charts. This would involve MATIC closing above a key resistance level on increased volume, which would lend credence to the theory that an explosive price movement is on the horizon.
Going Long Matic here to 90 Cents PlusThis looks to be good support here for Matic. I have waited patiently for entry and .74 cents looks to be as good as any with all SMAs (50,100,200 day) on the underside for support along with a significant level. Also, RSI has reached support in conjuction with the pullback here. I will be taking profits along the way and expect to be out 75% by the time we reach .95 cents, dragging my stops up along the way to ensure the trade is all profit. I expect to let the remaining 25% ride after hitting .95 cents in hopes that it may jump up and above that ascending TL which would be uber bullish for this coin.
Entry - .7424
Target - about .95
SL - currently .60 (my stops are very loose)
RRR - 1.5 (better with tighter SLs of course)
This is not fin advice. I show you the way I trade for your education and entertainment only.
Stewdamus
MATIC: Pullback in UptrendPolygon (MATIC) technical analysis:
Trade setup : Following a bullish breakout from Sideways Channel ($0.50-$0.60), price broke above 200-day moving average, which confirmed a bullish trend reversal to Uptrend. Price reached our target of $1.00 resistance where it got rejected and pulled back. How far could it pull back? The nearest horizontal support area is $0.75, which also lines up with a 50% Fibonacci retracement level and could be an attractive swing trade entry in Uptrend, with upside potential back to $1.00. The next support area after that is at $0.69, which is a 200-day MA level and also a 61.80% Fibonacci retracement level.
Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.75 (previous resistance), then $0.60. The nearest Resistance Zone is $1.00.
$MATIC Price Action strategy.CRYPTOCAP:MATIC
Polygon on the 1-hour timeframe faced rejection near the 50 EMA line (colored red), favoring the bears as the price broke through the previous support and is now approaching the Optimal Trading Zone (OTZ). It is crucial to remain vigilant, set alerts, and be prepared for the price to descend into this zone. As part of my strategy, a confirmation for a double bottom pattern will be considered if the price closes inside or above the OTZ. This confirmation will serve as the trigger for initiating a CRYPTOCAP:MATIC trade.
MATIC USDT SPOTMatic usdt next target is 1.5500$ because it has break the level of upper trendline and also it is at good buying area of 0.7795, accumulate it before it goes up to the target and you miss it, next bull run is going to start so get in that before it started
MATIC ANALYSIS🔮 #MATIC Analysis - Both Side Scenario 🚀🚀
💲💲 #MATIC is trading in a descending channel pattern and trying to breakout the channel but rejected from the resistance zone. We may see a rejection till its support area. But if the price of #MATIC breaks and sustain the higher price then will see a pump 📈📉
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#MATIC #Cryptocurrency #Support #Resistance #DYOR
MATIC Another Leg Down? Or Will We Bounce To The Upside?MATIC is currently pulling back from its fanning bull channel into a bear channel that currently has two pushes down. This could be a 2-legged trap and the completion of the pullback before heading toward the upside.
How do we trade this?
In the short term, we should be looking for shorts since we've identified this bear channel. If the current 4HR candle closes on or near its low, that's a reasonable short setup to take with a tight stop above the bear channel resistance (4HR 30EMA). A 1:2 Risk/Reward ratio should be the target take profit in this setup while keeping a close eye on that 200EMA showing support. If a bull bar closing on or near its high shows itself, time to get out. The RSI is around 45.00 and above the Moving Average, not a strong indicator for either direction, but there is room to fall.
Key Points
1. Bear Channel, Bias to Short.
2. Two Pushes Down, Looking for a Third!
3. The 200EMA may act as support.
4. RSI around 45, Indecisive.
5. Third leg down, small position Short.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
Matic new ATH?Last my TA about #Matic played out perfectly both ways.
Here is update:
as long as price stands above 0.72$ I expect the continuation of the uptrend towards to 1.28 -1.38$
Below 0.72$ we may see lows again.
Polygon zkEVM to Undergo Crucial UpdatePolygon zkEVM has announced it will be undergoing a major protocol upgrade Today, November 23 as the protocol gets crucial face-lift.
Polygon zkEVM Mainnet Beta update is underway and in anticipation of the advancement, the network has released some core information for users in its ecosystem.
Polygon zkEVM Upgrade Schedule
According to layer-2 protocol, the update of Polygon zkEVM Mainnet Beta infrastructure will occur on November 23 at 13:00 UTC and it is expected to happen within 30 minutes. Markedly, there will be no interruption of the activities on the Polygon network during this time, except for when the update has been completed and the sequencer takes approximately 2 minutes to restart.
Just as with other notable upgrades in the past, no action is required from end users prior to the upgrade or even afterward. This is because no alterations have been made to the side of the Polygon zkEVM that impacts them. Only developers are required to upgrade their node, prover, and bridge to the latest versions to grasp the network’s full potential and continue to build Decentralized Applications (DApps) on the Ethereum blockchain.
The upcoming update is a pivotal move for the Polygon zkEVM as it comes with several significant changes and features. In the long run, these changes will play important roles in the zkEVM node, bridge, and prover infrastructure, including changes to RPC, sequencer, synchroniser, and databases. One other fix that would come with the zkEVM update is Web socket improvements.
Impressive Upgrade Pathway for zkEVM
Markedly, the Polygon zkEVM Beta version was first released earlier this year. This was after a funding round of $1 billion, two audits conducted by third-party organizations, and an internal audit involving 26 researchers. Sandeep Nailwal, Polygon’s co-founder explained how the zkEVM brings an extra level of innovation to the deployment of DApps.
Since then, several upgrades have been introduced into the Layer-2 scaling solution. In April, Polygon announced the addition of the Polygon PoS Bridge to the Polygon zkEVM. Another milestone is the integration of the network with other projects.
Polygon’s native token MATIC spiked 3.44% on the news and is changing hands at $0.7782 at the time of writing.
