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MATICUSDT

MATIC, XRP ☁️;BTC, BNB, ADA ☀️?The sun keeps shining ☀️ on the global cryptosphere, promising a slightly bullish market with upside potential in the next 24 hours. However, Ripple’s XRP and Polygon’s Matic encounter some clouds ☁️, signaling a potential downside trend. Looking ahead over the next week, the forecast is mixed with cloudy weather ☁️ for altcoins like Ether, Litecoin, XRP, and Matic. On the other hand, Bitcoin, Binance, and Cardano enjoy sunnier trading conditions ☀️, suggesting a continued upside potential. Follow us for more crypto weather insights!
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by ATTMO
BTCUSDT H1 : SHORT SETUP Hi guys , Hope you well As you can see, the weakness in the upward trend is evident. We can have a fall by hitting the red box level in the step of 29500 and even in the next step to 27600. Also, a Wykoff pattern is forming in the higher time that I load the chart. Don't forget that we have important economic news today. SecondChanceCrypto ⏰12/JULY/23 ⛔️DYOR Always do your research . If you have any questions, you can write them in the comments below.and I will answer them. And please don't forget to support this idea with your likes and comments.
Short
by Secondchancecrypto
1
MATIC - Don’t Buy the Breakout, Buy the RetestTLDR: • MATIC is close to breaking out of the Range High. • To trade long I need to see the following: o Break out of the range. o Move up to deplete the supply zone. o Range high flipped to support. • Only after these two conditions are met will it be a high-confidence long trade. Background: • MATIC is in a similar situation to many other altcoins. The MATIC situation is as follows: 1. Sharp drop. 2. Selling Climax. 3. Automatic Rally. 4. consolidation in a Range. • Assuming that the correction is over, this could be an amazing opportunity to buy low and sell high. However, there’s a worm inside the apple that we need to avoid. • MATIC has a supply zone just above the range high. Meaning that a break above the range high will, most likely, fail at the first attempt. Here are a few examples: • DYDX Weekly TF: • XRP Daily TF: • BNB Daily TF: So, what do we do? • Simple, Patience. Don’t buy the breakout, buy the retest. If you miss out, there are other trades. Nonetheless, it is most probable that all you will miss is the stress and heartache of being in the red. Trading Plan: • This is a generic trading plan. It is applicable not just to MATIC but to any other asset that is consolidating in a range. I intend to use this tactic for ADA, FTM and BNB as well as MATIC. 1. Break above the range High 2. wait for the supply zone depletion 3. Wait for range high retest as support. 4. Wait for green dots on the TTM Squeeze indicator. 5. Go long. Trade Idea: • Entry: 0.715 • SL: Below last Low before the breakout app. 0.65 • Target: 1.568 • R: R: 1:12 • TP: 0.95, 1.18, 1.568 NFA What do you think? Please share in the comments. Best wishes.
MLong
by NewThoughtCrypto
MATICUSDT has been in a downtrend for six months nowHello everyone. I found an interesting chart that is radically different from other coins, in particular from BTCUSDT. For almost half a year, MATICUSDT has been following the trend line and jumping down like steps. So at the moment the price has approached the trend and is already starting to start from it. Therefore, there is a chance to go lower, as in the previous three cases of touching the line. We set the target for the next support level at 0.45
MShort
by CRYPTOVALUTCHIK
A rise above 0.7778 is expected for a change in trendHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICUSDT chart) The HA-Low indicator on the 1W chart is about to form at the 0.7192 point. Accordingly, when the HA-Low indicator on the 1W chart is created at the 0.7192 point, the key is whether it can be supported and rise around 0.7192. However, since the 1M chart's HA-Low indicator was not created, you need to check whether the 1M chart's HA-Low indicator is created or supported around 0.7778. If it doesn't, it's because it's likely to stay on the downtrend. Therefore, it is necessary to check whether it is supported and rises in the 0.7192-0.7778 section. If not, you should check if you can get support in the 0.6348-0.7192 interval. As it maintains an uptrend while breaking through the HA-Low indicator on the 1D chart upwards. 1st: 0.7778 2nd: 0.08647-0.9059 Split selling is possible when resistance is received near the 1st and 2nd above. The next period of volatility is around July 13th. The CCI indicator is entering the oversold zone. Therefore, when exiting an oversold zone, you need to check which point or zone is supported or resisted. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
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by readCrypto
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MATIC 1D Interval ReviewThe last one in today's chart is the MATIC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range. Moving on, we can move on to marking support areas when the price returns to a correction. And here the first very strong support that has kept the price so far is at $ 0.58, but if we fall lower, the next support is at $ 0.31. Looking the other way, we see that the price has to face the $0.76 resistance, only when it breaks it will move towards the $0.91 resistance and then towards the very strong $1.04 to $1,16 resistance zone. Please look at the CHOP index, which indicates that we have more and more energy, the MACD indicates a downtrend, while the RSI shows that a small price increase gives a strong movement on the indicator, which can quickly limit the room for further increases, in the coming hours we can see further growth.
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by cryptodailyuk
MATICUSDT any dip to weekly support is for longAnalysis: HTF The price broke down from the previous weekly support and came back down to next weekly support which is marked as WS1 on the chart. That support did not hold but weekly support WS2 held the price and provided the expected bounce. Next weekly support level is WS2 but I doubt we will visit there. Any further dip to the weekly support WS1 is for buying. As far as current price action is concerned, it is currently facing daily resistance. If this resistance is broken, the next level is the next daily resistance DR2 around 0.77.
MLong
by angela_altair
Polygon (MATIC) Bull ScenarioDo you think Altcoins will stall when Bitcoin starts running? If you think the alts will walk too, I can talk to you about MATIC. In my opinion, I think we are in the days when we have the last opportunity to buy MATIC, which will be the star of the next bull season. As you can see on the black lines, MATIC, which made the symmetrical triangle it made in the past, entered short-term downtrends 2 times within this symmetrical triangle (Orange line) and after the second break, the bull run started. We are on the eve of this process. In the two symmetrical triangle patterns, we can see that MATIC is spending a lot of time inside the 0.382 and 0.618 levels of Fibonacci retracement. (Purple Boxes) In addition, the bottoms and tops that form the symmetrical triangle in both patterns are made at the same Fibonacci levels. This is another indication that the two patterns are very similar. (Red arrow and circles) Therefore, when we look at the Fibonacci levels again, we can see that when the bull season is entered, the targets will be $10 and $87, respectively. This means 1672% when the first target arrives; In the second target, a profit of 14000% will be obtained. Since the risk/reward ratio in this scenario fits my trading style and strategy, I made my first purchase at this level. I will add when the orange resistance is broken and retested, and I will add my position at the retest after the triangle break (black) and wait for the $87 level.
MLong
by YavuzAkbay
3