CRYPTO | MATICUSDT -DECRYPTERSHi people , Greetings from Team Decrypters We are Still Bearish on Over all Crypto Assets Due to Pending Downside leg of stocks Towards Pre-covid Levels & Pending liquidations of Big players
MATICUSDT
matic long term idea my new idea in Matic : 1- if N3 occur then it will confirm the figure so then we will trade upon it 2- if the price breakup 1.3 then it will confirm pumping so long maybe all in but if it break down 0.32 then hell yea crashing
btw this is weekly frame so it can take months
InvestMate|MATIC Strong Support Zone Ahead💲💲MATIC Strong Support Zone Ahead
💲Compared to many cryptocurrencies, Matic has not dropped significantly during the recent declines.
💲There is a strong support zone ahead, determined by a very strong fibo level of 0.618
💲I expect some kind of reaction there.
💲For now, more time and a renewed attack by buyers is needed to talk about the continuation of the uptrend.
💲The scenario I'm playing out is to watch how the price reacts to the support zone, and wait for a renewed bullish attack. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
MATIC LOOKS AS BEARISH AS BITCOIN !!!Recently, I posted a view on bitcoin. And here we have the Matic.
The whole structure seems that a huge drop may happen soon. Do not forget to add sl on your positions.
MATIC\USDTIf matic fails to close the daily candle above 0.95, it has a bearish trend in the mid-term and can drop to the demand level around 0.55.
Matic to continue downtrendSimilar to the macro conditions with BTC and ETH, Matic has a blood diamond on daily chart. I expect a 4 to 9 bar continuation to the downside. This gives us a price target of 0.71
MATIC/USDT 1DAY UPDATE BY @CRYPTOSANDERSHello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Polygon (MATIC) was another notable token to fall today, with prices also moving lower for a third straight day.
Following a high of $0.891 on Thursday, MATIC/USD dropped to a bottom of $0.8483 earlier in the day.
As a result of this drop, the polygon moved to its lowest point since November 30, when prices hit a bottom of $0.837
MATIC has since rebounded from earlier lows and is currently trading at $0.8569, which is still nearly 4% lower than Thursday’s floor.
This slight rebound comes as the RSI rejected a breakout of a point of support at the 43.00 level, and the index is currently at the 44.26 mark.
Historically, bulls have used this floor as a point of reentry, and should this reoccur, then we could see MATIC move back toward the $0.90 level.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Trading opportunity in MATICUSDTBased on technical factors there is a Sell position in :
📊 MATICUSDT
🔴 Sell Now or by Setup
🧯 Stop loss 0.8680
🏹 Target 1 0.7925
🏹 Target 2 0.7355
💸RISK : 1%
We hope it is profitable for you ❤️
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MATICMatic bottoms around .20c IMO. The triangle/diagonal is very constructive & makes me think MSTIC can lead the next altseason 2023.
I've been charting this for many months now in my group & we are waiting for this juicy op. ;)
WILL $MATIC BOTTOM AT $0.37 BEFORE THE BULL RUN STARTS?Polygon- A fundamentally strong ecosystem that has been bridging the gap between Web 2 and Web 3 by onboarding new users through various partnerships. $MATIC is the native currency in the ecosystem.
The answer to the question in the title is most probably. With this said, lets dive into the analysis below:
The current macroeconomy is bearish which limits the growth potential for majority of the asset classes including the Crypto market. This limitation results in fundamentally strong coins/ tokens to stagnate or decline in price. This enables us to position ourselves accordingly for the next bull run. Now we take a look at how we can position ourselves using technical analysis (Pure Price Action).
My confluences for expecting lower prices for $MATIC:
- The macroeconomy is looking bearish for the coming months.
- There is a clear Fair Value Gap between $0.60- $0.68 which will very likely be filled before any rally.
- There is Sell Side Liquidity below current price denoted by the $ sign that are attractive for smart money to raid.
- There is a Bullish Order Block that has not been tested as yet.
I will be looking to take full profit from any Short position I enter upon reaching that Bullish OB around $0.40. Long positions are set to be opened below $0.40 (preferably $0.37).
This is Not Financial Advice, this is for educational purposes only. With this said, Happy Trading Pals.
MATIC won´t be different. When to buy?Most likely Matic (Polygon) won´t be different. It will go down together with the whole crypto market.
On the chart you can see 2 possible scenarios. The direction is down.
Because of the FTX drama, the sentiment is bearish and probably it will remain bearish for awhile.
In the next days or weeks we may see more crypto firms announcing their bankruptcy therefore altcoins won´t perform well.
Welcome to crypto market!
MATICUSDT ...Don't panic...yet!#MATICUSDT
as you can see in the chart, MATIC is holding the updward momentum despite the drawdawn hapenned last night.
still bullish, until it broke the blue trendline downward...then you should panic as FK.
#saty_safe
MATIC / USDT 1D chart Resistance and SupportHello everyone, welcome to the USDT MATIC chart review. As we can see, the price has broken out of the downtrend line and now we can mark the uptrend channel in which the price is moving with the blue lines.
Now let's move on to determining the support for the price and here we see that we first have a strong support zone from $0.82 to $0.70, if the price falls below the designated zone, we can see a drop to around $0.53 and a delta to $0.32.
Looking the other way, we see that we have the first resistance at $0.94, if the price goes up, then we have a strong resistance zone from $1.32 to $1.64, only when the price breaks this zone and tests it positively, we will be able to see further increases.
Please look at the CHOP index which indicates that we have a lot of energy which, when BTC is falling, can be used for a large correction, the MACD indicator indicates that we are on the verge of entering a downtrend, while looking at the RSI it is difficult to clearly determine the direction.
MATICUSDT still healthy and doing good#MATICUSDT
if you saw the last idea of MATIC i did, you'd see how i am optimisitic about this.
NOW, we need ONE GREEN CANDLE, and off to go to the target.
#STOP_BEING_POOR
#Polygon Soars 28% From Q3 Lows, Will MATIC Breach $1?Past Performance of Polygon
Polygon could be up 28 percent from September lows, but bears are still in a commanding position. Overly, MATIC is bearish from a top-down preview and consolidating below $1. As long as the coin is trending below this psychological liquidation level and trading volumes are suppressed, traders can search for entries to liquidate. This preview can only shift once there are gains above $0.95, with traders confirming gains of late November 2022.
#Polygon Technical Analysis
At present, MATIC is consolidating. The path of least resistance in the short term appears northwards. The immediate resistance level is at $0.95, while support remains at $0.88. The optimism stems from the fact that prices are inside the November 30 bullish engulfing bar. From an effort-versus-result perspective, this is bullish, especially now that the recent bars driving MATIC lower are with low volumes. A close above $0.95 may see prices rise, roaring towards $1 in continuation of late November surges. Conversely, if MATIC sellers force prices lower, the coin could crumble, sinking to $0.80 or worse.
What to Expect from #MATIC?
Polygon is propped by solid fundamentals, looking at the performance in the daily chart. All the same, like the rest of the crypto assets, MATIC is under pressure. Ideally, a close above $1 will trigger demand. But before then, the main resistance level lies at $0.95.
Resistance level to watch out for: $0.95
Support level to watch out for: $0.88
Disclaimer: Opinions expressed are not investment advice. Do your research.
MATICUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for MATICUSDT
According to our last analysis on December 7, we predicted a rising trend to happen and currently you observe our precise prediction. There are R3, R2, and R1 that all are the resistance areas and represent the price was not able to rise at different points. And S1 is our long-term support line as well as S2 which is another support area for us. Presently, we have the fluctuation of price at R1 and we believe it will provide us some rising signs here and then our expectation will be a rise for it up to R2. Also by fluctuating over R2, we will have more increase for the price to higher amounts. In case the price moves below S1, more fall is waiting for it. We suggest you to consider every detail and information in order to have less risky trades and more profitable ones.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
MATIC 4H ANALYSIS Matic very well project.
Resistance $0.90 ,0.95,$1
Support $0.85
Matic trying $1 Breakout.
Matic Long Term Vision $5
Matic
long MATIC$MATIC bounced off the support level. Bullish movement to resistance level at $0.945 is likely to happen.
Can MATIC be supported on the HA-High line...Hello?
Traders, welcome.
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(MATICBTC 1W chart)
If the price holds above 0.0000 5049, it is likely to explode the upside force.
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(MATICUSDT 1W chart)
On the MATICBTC chart the price is in the high range, but on the MATICUSDT chart this is not the case.
This phenomenon is caused by the price fluctuation of USDT following the fluctuation of BTC price.
Therefore, the charts we usually see and trade are the MATICUSDT or MATICKRW charts.
However, I think the MATICBTC chart serves the same purpose as a dominance chart or an index chart, showing the strength of MATIC when the BTC price starts to show an upward trend.
Therefore, even if the price on the MATICUSDT or MATICKRW chart declines, if the MATICBTC chart maintains the price, eventually MATIC will show an increase in price.
In this sense, looking at the MATICUSDT chart, it can be interpreted that if the price is maintained in the 0.6164-0.8191 range or higher, it is likely to show an uptrend.
So, if it goes up, I expect it to touch around 1.2246.
(1D chart)
The question is whether the price can hold above 0.8647 and rise above 0.9486
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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BTCUSDT...how to trade like a PROhow to trade like a pro?
how to publish a "PRO-shit_chart"?
well simple, just draw all the possible moves the coin could go to and say something fancy!
AND after the move happen, just delete the wrong arrows and claim success!!!!!!
#because_why_not!
#zillion_of_Zollars
MATICUSDT to the moon!#MATICUSDT
MATIC is about to explode...if the pair managed to cross the upper fib-parallel channel , it will reach the next level at 0.965
so please stop being poor!
brace yourselves
#stay_safe
