MATIC - DailyFalling wedge a strong bullish pattern
Horizontal dashed lines are strong support levels
Will we see immediate support or support a bit lower?
Hopefully the whole market breaks out soon its been at this level for a long while
MATICUSDT
MATIC buyer exhaustion could see prices fall to $0.77The bullish order block on the daily timeframe formed on 18 Jan has acted as strong support back in March
The retest of this zone on 9 March saw prices bounce to $1.24
The subsequent retest in late April did not see a positive reaction- instead, MATIC continued to slide lower from $1.025 to $0.977 over the past two weeks
Therefore a daily session close below the bullish order block ($0.925) and retest of the $0.96-$1 area could offer a shorting opportunity
Entry: $0.996
Exit: $0.837 (a more ambitious target would be $0.77)
Stop-loss: $1.07 (above recent wick)
MATICUSD Is Firmly Breaking Out If you plot a down channel on Matic price emerges victorious above the down channel.
This could be considered a breakout and good for the bulls.
Bullish
Polygon [MATIC] will see more sell pressure below $0.9780Price action faced rejection at the bearish OB on the 2-hour chart at $1.0140 and dropped to bullish OB at $0.9854 (cyan).
A close below the support (cyan) and confirmed downtrend could push MATIC to $0.9515 ( a bullish OB on the daily timeframe).
The RSI and OBV dipped - buying pressure eased. But RSI was in a neutral position.
Entry: $0.9780 (below bullish OB)
Exit/target: $0.9515 (lower support)
Stop-loss: $0.9865 (above the bullish OB)
R:R - 3
short MATICCRYPTOCAP:MATIC bounced off the resistance level and the descending trendline. Decline to support level at $0.94 is likely to happen.
MATIC Polygon Price Targets after the FOMC meeting this weekThe upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments.
The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak.
Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the financial situation is much steadier.
Additionally, inflation remains elevated, and with evidence of stubbornness in underlying inflation, it could be in the 4% to 5% range, far above the 2% inflation target. The markets are pricing in a 25bp Fed Funds rate hike to 5.25% at the May FOMC meeting, and given the steadiness in financial markets, persistence in price pressures, and continued decent activity, this could contribute to a further downturn in the crypto market.
MATIC/USDT short
Entry Range: $0.95 - 1.10
Take Profit 1: $0.90
Take Profit 2: $0.79
Take Profit 3: $0.63
Stop Loss: $1.26
MATIC(based on NEo wave)there is 2 ways for matic and both of them are bullish also its very very low risk. so if you want to investment or know sombody who wants to investment I think its one of the best crypto currencies for large many because it has good risk to reward from the first target.
#Matic | #Usdt#Signal | #Matic | #VIP_Pack | #NUM_SV37
Long
Entry : ~1.0059
Tps : 1.0439 / 1.0760 / 1.1604 / 1.23 / 1.33 / 1.45 / 1.54
SL : 0.9070
Don’t risk more than 1% of your capital.
maticudtHello, do not be tired
Everything is clear on the chart
One of the scenarios that is much more likely to happen than other scenarios
matic / usdt 1h chartmatic / usdt 1h chart
2 different scenarios possible for matic
it depend on next candle close price
after huge dump we can expect another leg down from here or top of the range area
MATIC: READY TO PUMPBINANCE:MATICUSDT is up trending and looks bullish more than ever, this clear rejection of the up trend might result in a big pump towards 1.4
3 months old support zone and the 200 daily MA still seem to hold, trade has 3:1 RRR, a potential +40% move.
I will keep updating this trade here, make sure you follow me.
MATIC - A breakout is coming! Given the anticipated downward trajectory of BTC from its current levels, the price of MATIC will likewise experience a decline. Consequently, a break to the downside is expected, and it may be prudent to adopt a wait-and-observe approach for more favorable pricing opportunities.
It's said that one day, the mighty MATIC will set its course for the moon, but for now, it seems to be headed back down to Earth! Keep your eyes peeled and your senses sharp, as this journey promises to be a wild ride filled with unexpected twists and turns! :)
Matic - Trade ExitTraders,
As explained in the video I just released, this recent crypto price action up all simple appeared to be a bull trap. I was growing more and more bearish as I did my video and indeed, by the time the video was ended, I felt it was time to capture my meager profits in MATIC for another very small win and get out! As it was the drop happened so fast, I was barely able to do that.
I will NOT be looking to enter back into any trades until BTC does as I have been expecting it to do (retest that neckline at 25.3k - see vid for more), or until we start to capture some new pivot highs. Until then, alts will probably just follow the big dawg (BTC) down.
Best,
Stew
MATICUSD Is Touching A Major Trend LineMatic is currently dipping but should not be dismissed.
The dip provides an entry point right no the trend line up.
There is a potential for a dip below it in the past but it will be short lived.
Bars pattern shows my recovery thoughts in green.
MATIC ON THE TRENDHello Dears ,
matic seems bullish on the trend the , first target gonna be 1.2 unless the price breaks 0.96 - 0.94 support .
NOTE: do not forget your stop loss :)
happy trading .
Quick Update on MATIC: Here's a quick look at MATIC 2-day chart.
Upon analysis, it appears that the current price of MATIC is undergoing a retest of the lower trendline. Should the price break below this level, a more substantial downward movement is expected to occur. Consequently, it is recommended to closely monitor this rising channel, particularly in the event of a downside breach.
Furthermore, the ongoing downward trajectory of Bitcoin suggests a high likelihood of a corresponding decrease in the value of MATIC. In the event that Bitcoin retraces to the $20k range, it is anticipated that MATIC's price level will decline to at least $0.5. However, it should be noted that the price of Bitcoin is expected to continue decreasing from its current level, which further suggests the possibility of a downside break in the rising channel for MATIC as well.
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Matic 🛤️ Break + Retest 1.0069?Looks Like we can continue the Bearish momentum here back down to yesterday's low at .9792 and beyond to our next daily level at .9755.
Matic Polygon did a faekout yesterday above 1.0227. It returned back into the range, then to the bottom of the range then did a break and retest of the daily level on the 30m TF. Left a very large wick rejection and off we go onto the next zone at .9755. We have bounced but I can observe a retest of the low with momntum left over from earlier.
Matic, clear as mud!If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
PA up not clear to me, does not look motive.
Move down is a bit more clear.
Could see a bounce here.
If it breaks substantially,
watching these levels/channels to flip.
Cheers!
[polygon] by elo.The odyssey of Matic (Polygon) commenced at a mere 0.0025, back in 2019.
It ascended in what appears to be an impeccable 5-wave sequence, reaching an impressive 2.9255 at the peak.
Remarkably, it is one of the few tokens in this pervasive bear market that has not experienced any significant deterioration.
Such a characteristic could be construed as exceedingly bullish—
or,
merely an elongated phase of distribution preceding the eventual re-accumulation phase.
---
I admonish any prospective investor in this coin,
as it may undergo a substantial depreciation once Wave B has concluded later this year.
---
A conservative estimate for Wave C's termination resides within the 0.08-0.1 vicinity—
however,
it is more plausible that it descends into the 0.03-0.05 region,
signaling the ultimate capitulation phase of the bear market.
👇
Subsequent to this event,
I envision Matic soaring to a minimum of $15.
---
Wave B target = 2.22
Wave C target = 0.03
✌
🔥MATIC TRADING PLAN: EXPECT 30-45% PUMP WITH BULLISH BTC AS KEY🔥Hi, friends! I don't think that MATIC will update the local high at $ 1.57, but it has the power to make a local pump by 30-45%.
This is in line with my vision global vision on BTC that there will be one more pump before this local bull market will end.
📊 TRADING PLAN FOR MATIC:
1. false breakout of the trendline
2. the volume growth which in 70-80% confirms that the bottom is reached
3. bullish BTC is a must-have for altcoin growth
✅ THE MAIN TARGETS FOR MATIC:
🔥$ 1.25 - the ley level and local high
🔥$ 1.50 - the key level and even number which is usually the strong resistance/support
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Matic sideways Wedge at play Looking critical day level with target in metic waiting for confirmation or trendline brake
Trade Alert - Long MaticTraders,
You guys know I have been dreaming of a touch on our MATIC May 2021 ascending trendline for months now. Today we got that. And though I missed the .98 cents touch for a buy in, I did get in at a dollar. My target will be at least that $1.53 cents level. Stop out is hard. But I wouldn't want to see anything much lower than that .87 cent level I have marked.
Best to you all,
Stew
Polygon 🛠️ Holding 1.0159 ? Will We continue our uptrend on HTF's? IDK we will have to see if price ( 1.0159 ) Daily level
will hold or we may fall into the depths below, the abyss. I can our next short targets being ( .9760 ) 4hr Level
and ( .9382 ) Weekly level. I can see a short term range being created here to build up more liquidity to go to the upside. The prices for the range may be between 4hr zones ( 1.0069 and 1.0539 ) before seeing more upside as bulls gather liquidity.