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MATICUSDT

MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, 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:-Buyers controlled the price action in the past seven days when MATIC registered a 9.3% price increase. This uptrend is expected to continue, but the bulls will face strong resistance at $1, where the price was rejected before in the past. The current support is found at $0.9078, and MATIC has always moved higher from that point in the past few months. This also places MATIC in a large range between $1 and $0.74. Looking ahead, MATIC may attempt another break of the key resistance at $1, but it will be a tough ask. Sellers always came back at those price levels, and they could return again, which may push the price back below this psychological 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
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by CryptoSanders9563
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InvestMate|MATIC Time for Growth💲💲MATIC Time for Growth 💲Matic has been looking very pro growth in recent weeks. 💲You can see that the fundamentals are working and pushing this cryptocurrency upwards 💲Over the 21 November low we have been making a sequence of increasingly higher lows which is very indicative of a developing uptrend 💲We can see that we are above the 50 and 200 moving averages. 💲The nearest support zone is the zone defined by the cluster of two fibo levels. 💲The first is the 0.236 level of the entire upward wave from the June bottom to the November peak. The second is the 0.886 level of the entire upward wave from the July 2021 bottom to ath. 💲The most significant line of resistance will be the zone defined by the cluster of as many as three levels. 💲The first is the 0.382 level of the entire upward wave from the bottom of September this year to the peak of November. The second is the level of the October peak and the third last is the level of 0.618 of the entire upward wave from the covid bottom to the May 2021 peak. 💲The scenario I am playing out is to wait for a strong breakout and join the uptrend to reach the resistance zone. 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. 💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀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.🚀
MLong
by InvestMate
20
MATIC aiming for $0.95, but it will struggleThere is a local resistance zone around the $0.95 mark, and after that we should see smooth sailing all the way up to $1.15. Everything looks good, patterns look solid, and I think it's a good time to trade, but only for small profits. My indicator is also signaling a long position, and my trade history along with profit can be seen in the history below (the history of trades are from February 2020, and have approximately 29,000% profit - in other words, $1,000 USD to $290,000 USD) This is not financial advice, just a study.
MLong
by BARSTrading
MATIC / USDT 1D chart Resistance and SupportHello everyone, I invite you to review the MATIC chart in pair to USDT also on a one-day timeframe. As the first we will mark the downtrend lines in blue and with the yellow line the local downtrend line. Both of these lines were broken by the price. First, we will check the situation with the resistances that the price must overcome and here we see that we have the first resistance at $0.81, the second at $0.69, the third at $0.53 and the fourth at $0.32. Looking the other way, the same with the Fib Retracement tool we will check what support we should take into account, so the first support that the price is currently fighting is $ 0.93, if we manage to break it, we have the second at $ 1.31, the third at $ 1.63 and the fourth support at $1.93. Looking at the CHOP index, we see that the energy is gaining more and more strength, the MACD indicator indicates that we have entered an uptrend, while the volume is increasing, with buyers predominating.
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by cryptodailyuk
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Polygon Remains One Of The Strongest ... (111%+ Possible)Polygon (MATICUSDT) has been really strong ever since the June 2022 low and is setting itself up once again for fast growth. With the current chart we have on screen, we can project a mid-term target of 115%+ growth potential, even possible in the short-term. That's because we have higher lows and massive strength shown when the correction took place. Prices stayed above the .618 Fib. retracement level. The easy target can be seen around $1.14 and $1.25. The main target can be set around $1.85. It is a bit far off, but once the Altcoins start moving, they tend to do so fast and strong. No doubt about that, that's why we like crypto... Endless opportunities and massive potential for growth. Namaste.
MLong
by MasterAnanda
3
Polygon MATIC price Medium and Long term tradeThe MaticUSDT price was one of the first to break out of the falling trend channel back in July this year. Now MaticUSD is trading above the liquidity zone of $0.67 - 0.77 You can try a medium-term trade: Entry $0.831 Stop $0.7624 (-8%) Take profit $1.1974 (+44%) Profit/loss ratio 5/1 You can also consider this trade as a long-term investment and hold it until the take profit of $1.90 (+127%) You can also keep a larger stop on the position, around $0.67 There are many options, it depends on what parameters your risk and money management allows . But it is probably not worth getting the Polygon token - Matic when the price will be below $0.67 . After all, there is an "emptiness" below the liquidity zone and the possibility of the MaticUSDT price collapsing to around $0.4 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
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