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Still working this video thing out. Going to be using TV as a rough draft. So uploads on other places will have the corrections and will be cleaned and scrubbed.
MATICUSDT
MATIC/USDTesting/Tracking Elliot waves. Please do not trade without stop/loss.
Matic has been my favorite coin throughout this bear market. It has been one of the few coins constantly publishing updates
& making progress in a bear market. Countless numbers of partnerships especially with big name corporations is a plus.
This means a lot of people have faith in this project. Enough with this though lets get to the charts.
Chart timeframe is on the weekly.
I have posted a few charts on matic already and have been signaling the bottom since it hit .31. The reason for this is because that's the -90% drop.
If not all, majority of coins will go through a 90-95% drop from the top when we enter a bear market. If your coin has already dropped 90% and it risk falling another 5% is very little.
This is where you should start positioning more, regardless if it drops further or not. On this chart I am showing you 2 potential top for the next bull run. 4.7 and 7.8. Before I go any further,
let me quickly explain why you should've bought some at .31.
A 90% drop from the top of 2.9 brought us to .31
A 95% drop from the top of 2.9 brings us to to .15 or so
You would've been risking a -50% drop for a potential gain of 1400%+ R/R ratio of 29 (you can check by hovering over the long position: green & red chart)
Now I'm a big fan of DCA. let's say you decided to buy at .31 and it did go lower into a -95% drop. This is the perfect spot for you to add more into your position.
Not only did you get some for the above R/R ratio of 29 now you got some for even more. A -95% drop is normally the highest all coins drop, not many go much lower than this.
With a -95% drop your R/R ratio is 35. I've placed the stop loss at -98% cause I've seen some coins go there. Your potential gain from here is 3500%
Now you're adding your first position with second position. For these type of gains, the risk was very little.
Currently we're at a -69% drop from the top according to today's price. If we ever go near the prices of the above, God has given you a second chance. From today's price
your R/R ratio is 4.5 (437% gains) with the stop loss being under the -95% drop. The gains you potentially could've made has already gone down by tripled. The risk of buying here is still not bad, but
the once in a lifetime opportunity has already gone by.
The wave projection on this chart is based off of wave 1 and wave 2 already being made. Wave 3 target is an estimate of where the next bull run may take us. I tried to time the wave accordingly to the timeline, however,
Elliot waves cannot predict time. Chart timeline is based off of the bull cycles in the crypto market. We normally get 2 years bull & 2 years bear that corresponds to bitcoin's halving events.
About to bullish in next few daysIn daily time frame chart we have a major resistance here at 0.92$
Bulls need to breakout it for bullish and i think it will happen soon
-if it happen matic will reach 1.2$
-If not matic will return to 0.84$ again
Keep your eye on it these days
Finally don't forget to support this idea with ur like and tell me what do u think in comment.
Good luck for all💙
MATIC/USDT :: Range box !!!MATIC/USDT :::
It has been almost 6 months that the price has been moving in a certain range and has created a range box .
The price is moving between certain support and resistance and has not yet found its way. It is suitable for short-term trading, but it needs time to find its way .
<<< Good luck >>>
MATIC Bearish Flag 🚩⚡🚩⚡🚩Hi dear traders
Price reached resistance area.
We can see low volume in market.
Bearish Flag forming and price can bounced to liquidity area near EMA50 and test resistance area act as support 0.8261.
If hold this area then rise to resistance area 0.8742 and 0.908.
Let's see what happens
This is not financial advice ( DYOR )
Good luck.
Matic invest opportunitiesentry and exit level specified
analyze is volume based
volume derived from other platform
Polygon (MATIC/USDT) Poised to hit $1 SoonBitcoin price has been largely bullish since the beginning of 2023 and after recording a series of bullish candles, the bulls apparently look exhausted. It appears that the price corrections are just to attract more liquidity over the platform which is more required to uplift the price to reach the desired target of $20,000 very soon.
In the meantimes some of the altcoins including Polygon(MATIC) are preparing to lay down a firm upswing. To be specific, the MATIC price is believed to rise high beyond $1
The MATIC price currently displaying immense strength as it is about to accomplish a parabolic recovery to reach the neckline of the consolidation.
After reaching the resistance, the price may witness a significant pullback to the lower support around $0.84 and ignite a notable upswing towards the interim resistance at $0.91
Here the bulls are required to hold their strength which may propel the price higher above the crucial resistance at $0.95 which may in turn uplift the price beyond $1
Polygon MATIC Price Targets for this weekThis week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Polygon MATIC are:
MATIC/USDT short
Entry Range: $0.84 - 87
Take Profit 1: $0.74
Take Profit 2: $0.61
Take Profit 3: $0.56
Stop Loss: $0.98
MATICUSD (Polygon) ZonesHere we are looking at MATICUSD on the Daily TF…
Let’s begin by zooming out on the chart to get a sense of the important zones that we must consider when analyzing Polygon in its local price range.
When looking for Macro support, the strongest support line that we can draw rests at approximately $0.31 as marked by the bottom (green) line.
In the immediate short term, we are looking at local support at about $0.75, so there is quite a lot of space between our local and macro support lines. If MATIC can’t hold its local support line (green), then we may expect a fall to its bear market lows, which also happen to be its macro support at $0.31.
Lastly, let’s quickly analyze the resistance range drawn on the chart. This resistance zone ranges from $1.00-$1.30.
As it continues to bounce between local support and resistance, we will keep you posted on relevant developments in the chart…
Cheers!
MATICUSDT 1H - narrowing of VWAP bandsMATIC since January 7th at 3:00 am (UTC +1) is in the accumulation phase, with super narrow VWAP bands which indicate a possible upward explosion.
the price above the Ichimoku Cloud indicates that buyers are supporting the price, and the cloud at this moment is a powerful support. Another good bullish indicator is the MM100 where MATIC almost always transits above it, confirming the bullish bias.
MATIC is a scaled blockchain built on top of Ethereum, which has made huge strides in the Web 2.0 ecosystem recently. Polygon has partnered with several brands such as Starbucks for its Odyssey digital collectibles rewards program and Disney for its accelerator program, as well as having major clothing brands such as Prada and Adidas launch NFT projects through its blockchain. More recently, Mastercard partners with Polygon Network (MATIC) at the start of the new Web3 incubator
Supports and resistances follow, don't forget that today is Sunday and the trading volume is lower.
S:0.8024 / 0.8010 / 0.7958
R:0.8088 / 0.8113 / 0.8142
MATICUSD H8: +20% gains BULLS the BEST level TO BUY/HOLD(SL/TP)Why get subbed to me on Tradingview?
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MATICUSD H8: +20% gains BULLS the BEST level TO BUY/HOLD(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTION!
🔸 Summary and potential trade setup
::: MATICUSD H8/candle chart review
::: strong / bounce reversal 75 cents
::: bulls maintain control expect more gains
::: trading within well-defined range / accumulation
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: 15-20% upside remains
::: BULLS focus on buying dips
::: BUY LOW after pullback is over
::: entry - after dips/pullback
::: TP1 bulls 92/94 cents
::: use tight stop loss for this trade
::: 1.00 mirror S/R resistance overhead
::: potential re-test of mirror S/R at 1.00 USD
::: bounce in progress / focus on buying dips
::: reversed via minor IHS setup on 1 hour TF
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +20% gains
::: details: see chart
::: FINAL TP is +20% gains 1.00 USD
::: recommended strategy: BUY/HOLD after correction
::: TP BULLS +20% gains 1.00 USD final TP
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: 72/74 cents demand
::: 1.00 usd fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/20% gains
::: Sentiment short-term: DIPS PULLBACK/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
There was a strong positive reaction from the supportMATIC had acceptable price growth last week. After the price reached the $0.7500 range, there was a strong positive reaction, and we saw an 8% retracement of the MATIC price. The previous resistance level in the range of $0.7984 to $0.8267 has been accompanied by a negative reaction. But the bullish candles below this resistance are being compressed, which indicates the possible failure of this resistance in the coming days. The new MATIC resistance support levels are carefully considered, and the range trend can end if any of the levels are broken. The price movement can also continue to the following levels according to the width of the range channel. If the short-term conditions of the market remain favorable, there is a possibility of breaking the resistance and reaching the target of 0.8741 to 0.9079 dollars. The Smart Money indicator confirms the current resistance support ranges.
MATIC Very Bullish Matic Very Popular Project.
Buy matic $0.80
Matic mini supports.
Matic liquidity area 0.75
Polygon MATIC bullish ahead of the FOMC Press ConferenceI am bullish on Polygon MATIC ahead of the FOMC Press Conference.
Those are my price targets:
MATIC/USDT
Entry Range: $0.85 - 90
Take Profit 1: $0.96
Take Profit 2: $1.07
Take Profit 3: $1.19
Stop Loss: $0.77
MATIC Bounced to support area 🤔🔻🤔🔺️🤔Hi dear traders
MATIC moving below liquidity area.
IF lost EMA50, then we can expect bounced to support area.
Bearish pattern forming .
We can open short position with suitable stop-loss.
Waiting ✋for confirmation.
All targets specified.
Let's see what happens
This is not financial advice ( DYOR )
Good luck
Matic Coin We examined the chart of Matic Coin.
Matic coin must close 5-hour candles above the resistance zone located in the $0.8244 zone to continue its bullish action.
If the Matic coin closes the candle above the resistance zone that we specified in the analysis, it can continue its upward movement up to the 0.87 region.
When we examine the support zones of the matic coin, there is a support zone in the $0.7753 region. If the price of the matic coin stays above the $0.7753 region, it can be thought that the matic coin will rise to the $0.83 level.
MATIC 1hr Analysis | Potential Long & Short SetupsMATIC is expected to bounce from horizontal support at 0.7828 or 0.7743 to horizontal resistance 0.8199.
Follow your risk management.
MATIC buy limit 😎💥😎💥😎Hi dear traders.
Long setup for take some profit 📈.
For futures account..
All target specified.
0.1030 MaticIn daily chart we can see divergence from RSI in resistance zone.
After touching blackline we can take long position.
MATIC shortMATIC broke trough the ascending trendline. Asset broke trough the support level. Bearish movement to support level at 0.75 is possible.