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MATICUSDT

MATIC / USDT 4H chart Targets and StoplossHello everyone, let's look at the 4H MATIC to USDT chart as you can see that the price is moving above the local downtrend line. Let's start by setting goals for the near future that we can take into account: T1 = $0.8757 T2 = $0.8935 T3 = $0.9097 T4 = $0.9250 and T5 =0.9460$ Now let's move on to the stop loss in case the market goes down further: SL1 = $0.8421 SL2 = $0.8098 SL3 = $0.7848 SL4 = $0.7606 and SL5 = $0.7249 Looking at the CHOP indicator, we see that the energy is heavily charged on the 4H time frame, the MACD indicator shows that it is in a local uptrend, while the volume is very low.
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by cryptodailyuk
2
MATIC Cup and handle BULLISH!Hi, Tradingview BINANCE:MATICUSDT MATIC has formed a cup and handle on the 2hr, and 4hr chart. We can also see with the TSI indicator that there is what looks like a bullish crossing possibly happening on the 2hr, however possible bearish crossing on 4hr. This means it could go either way. We could see a bounce on the 4 hour with a break on the 2 hour(bullish), or a bounce on the 2 hour with a break on the 4 hour(bearish). I will be waiting for confirmation of either before I get into a trade (details below). Before we get into that I want to discus what could happen if the bearish crossing on the 4 hour takes place. 1. We could see a test of the .85, or .83 support (yelllow dashed lines) 2. we could see a complete breakdown of the cup and handle. Breaks downs like that have been occuring recently. I personally am leaning more towards the bullish side as I believe the rest of the market is. How I would trade this (will update if I take a position) Entry: Break and confirmation of red box, retest of .8535 support with bullish TSI SL: break below red box TP1: .89 TP2: .90 TP3: .95 Hoping to see some more bullish action. Happy trading! -- Spike Cap
MLong
by Spikecaptial
2
#MATIC/USDT Trade Setup 54% Potential Pump. RR 1:9Welcome to this quick trade setup, everyone! Recent trades posted:- 1. BTC /USDT (Running in Profit) 2. ETH/USDT (Running in Profit) 3. CHZ/USDT (In Accumulation) 4. CHR/USDT (Running in Profit) 5. MATIC/USDT (In Accumulation) Entry:- $0.8075 TO $0.8611 (6.22% is the accumulation range from CMP so plan your entry accordingly) Stop Loss:- $0.7576 Recommended Leverage:- 3x- 5x Target:- Open (Possibly 35% to 54%) RR 1:9 (Highly Lucrative) This is not financial advice. Always DYOR. These are my trades. Do not cry in the comments if you can't afford the Stop Loss or go for 125x gambling. I am ready to take the SL if it gets hit. Trade only if you can afford the SL. Do the maths before you enter the trades and manage your risks properly. Fund preservation is our foremost priority. If you like me to post more please share this idea with your friends and communities and hit the like button. I have been with you in the bullish days and the bearish days. We are going to have an amazing bull run for sure. Cheers! Thank you #PEACE
MLong
by Cryptorphic
11
MATIC ready to break down due to unforeseen technicalsThis is a very tough analysis to do as there was an anomaly of an event which shifted the technical analysis dynamics. I guess right now the price is sideways with bearish signals for further downside. Once we have price below the 200MA and below the support around $0.7600 it's likely for the price to continue down to $0.2550. With the crypto-winter, lack of confidence with exchanges, regulations and finances - I wouldn't be surprised to see further downside for Altcoins like MATIC. Bearish bias.
MShort
by Timonrosso
2
MATIC update - Second stop hit Hello, Congrats, we are up now to 21,656% in profit from 17, 771% the last time I posted. The proof for all my trades is below in this idea. Please scroll down to the trades section. This trade history starts from 2020-01 We have just touched the second take profit zone at $1.1 as I mentioned in my previous post. This is also triggering a sell signal on our indicator. It is very oversold here, I expect the price to drop in order to reopen a trade, however, if it rises then I definitely expect a hard crash at $1.32
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by BARSTrading
MATIC maintained its bearish momentum last week!MATIC maintained its bearish momentum last week and has returned to the $0.85 support zone after reacting to the $0.90 resistance. Support has been associated with a positive reaction several times and has prevented the price from falling further. But note that selling pressure is high in the market, and the possibility of breaking this support level is very high. Therefore, if the support area of ​​$0.80 is broken, the price drop can continue at least to $0.66-0.70. This range is the floor of the last upward wave and also the ceiling of the last downward wave in the past of the price and is related to the daily time frame. Therefore, it is considered an important supply and demand area. For this reason, it can have a positive reaction. But note that if selling pressure increases and this support is broken, with a pullback to this area, we can expect a heavier fall for MATIC to the $0.53 range. If you look at the weekly MATIC chart, you can see that if the daily supply and demand range is broken, the potential for forming a double ceiling pattern and confirming this pattern is very likely. In this case, the price reduction can even continue until close to the $0.50 range. Therefore, maintaining the $0.70 support area is very important for MATIC investors.
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by MonoCoinSignal
12
MATIC - Will the price see a bounce?Here's a quick look at the Matic daily chart . As we can see, the price is currently oscillating within the bigger rising channel and is approaching the bottom. If the price bounces from the bottom of the rising channel , we may see a 50% rise to the top of the channel! But if the price breaks below the channel and doesn't manage to hold the support zone , then we may get down to 0.4$ or even lower! It all depends on the movement of BTC - If BTC goes south then MATIC is very likely to follow. ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
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by MBM_Crypto
2