MATIC/USDT_DIn a huge channel and looks possible huge inverse head & shoulders then ready for action
- NFA -
Maticusdtlong
MATIC BREAKOUT THE RESISTANCE!!TRADING SUGGESTION:
Now we looking to the market got continue bullish form,so take a buy trade,GOOD LUCK
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TAKE A TRADE,SIT BACK AND RELAX
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MATICUSDT Resistance BreakoutMATICUSDT Technical analysis Update
MATIC/USDT currently trading at $1.139
Resistance Breakout
Buy level: $1.133 -$1.146
Stop loss: $1.095
TP1: $1.178
TP2: $1.226
TP3: $1.25
TP4: $1.30
Max Leverage 2x
Always keep Stop loss
Note: please do your own research before investing. Never invest money that you can't afford to lose.
Long MaticLooks like the ABC Correction wave has been finished and RSI 50 is acting as a strong support as it has been for quite some time now, we can see that EMA 200 has also acted as a strong support, probably will be seeing a few days to a week bullish days if there is no major changes in BTC structure.
MATIC Is About to MOONWe are currently breaking thru the golden pocket of resistance that has been holding MATIC back from pumping hard. Not long ago MATIC was $2.70 - right now it's less than 50% off. That $1.04 price tag will not last long. Load up your bags
MATIC 4Hr IdeaIdea for MATICUSD
making assumptions on the nature of price movements after channels complete
this current channel is descending, and is possibly a good entry point for a large move
As suggested by the previous channels
As the timeframes get lower the risk/difficulty raises, so take this into account
MATICUSDT (4H CHART) - Trend BreakoutMATICUSDT (4H CHART) Technical Analysis Update
MATICUSDT (4H CHART) currently trading at $1.442
Buy level: Above $1.224
Stop loss: Below $0.995
Target 1: $1.232
Target 2: $1.429
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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💥MATICUSD - TO SHORT TO $1.48 AND LONG TO $1.92Right here is an inverted head and shoulder pattern.
This pattern is an idea of what MATIC price layout is currently doing. There's a neckline at $1.73 serves as a major resistance for price to break to confirm a good buy to $1.92.
As price is unable to break this neckline, I expect price to fall to $1.48 to form the right shoulder before rising back to the neckline at $1.73.
If price is so fortunate to break this neckline, then we are certain of a good buy to $1.92.
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MATICUSDT | V-Shap Recover | Falling Wedge BreakoutMATICUSDT | V-Shap Recover | Falling Wedge Breakout
MATIC After V-Shap Recover went into a long correction phase and created a Bullish Reversal Pattern (Falling Wedge). MATIC has potentially broken the wedge and then retested the broken zone.
It seems that MATIC has completed the correction phase and ready for a bull rally.
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
Buying Above: 1.55766
TP1: 1.90588
TP2: 2.32419
TP3: 2.69442
SL: 1.16667
MATICUSDT Technical Analysis
Happy Monday guys, I'm here with another Signal
MATICUSDT has broken above a major Resistance and now it's ranging. because of the big Green candle I think it's gonna go higher how ever it might Pullback to 1.3 before it rises. So we need be cautious to see the price action.
Buy now or Buy at 1.300
SL @ 1.23
TP1 @ 1.5
TP2 @ 1.67
Happy Trading :)
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The last MATIC Green Dot this low On the daily time frame was back on November 4th, 2020 when MATIC was at $0.04 - it was also coupled with a bullish stoch RSI cross and the normal RSI pointing up, both of which are present here. This is a huge buy signal !
MATIC About to Pump HardHuuuuge green dot on the 12 hour - haven't seen one of these in a long time. Load em up!
Read this before buying MATIC (Eduction Post) Here is the analysis of MATIC. MATIC is rejected from the resistance zone and also from the uptrend channel upper line resistance. MATIC broke the uptrend channel in the downward direction. MATIC is near all-time and increased drastically in the last few months. Also if you see the market cap it is $12 Billion and MATIC rank is 10 among all cryptocurrencies. So the upward potential is low because of the high market cap. We did not suggest you to open a long position in MATIC here. If you have MATIC already hold with stop loss. Let it come down and stable in a range for accumulation. The support zone for MATIC is $1.75-$1.85 and if broken we see more downside movement.
#No financial advice
MATIC Giant Bullflag Target $2.08 TargetPotential Level 2 Scaling Solution for ETH. Watch this one in the coming days
MATICUSDT Possible Bullish Scenario !!Possible Bullish Scenario if price manages to stay above the trend line .
💥MATICUSD - UPWARD BREAKOUT TO $1.75, $2.43 OR SHORT TO $0.80As we can see on this chart, price is in a breaking point. Therefore I expect MATIC to either breakout upward to $1.75, then $2.43 or breakout downward to $0.80.
The yellow horizontal lines are potential price target price has to break to continue in it's trend.
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Polygon (MATIC) Bearish Below Major TrendlinePrice is currently sitting under a major trendline that has formed
The structure that has formed under looks to lack momentum to break this trendline
Some cool symmetry within the fib circle and price can be seen within the oval (a) Both arising from a base (rectangle) formation
I wouldn't enter this unless you believe in the project and foresee its future as bright
I would wait for a better entry
MATICUSDT flag patternMATICUSDTUSDT(Day CHART) Technical Analysis Update
Flag Pattern
MATIC/USDT currently trading at $1.75
Buy-level: $1.70- $1.750
Stop loss: Below $1.57
Target 1: $1.82
Target 2: $1.89
Target 3: $2.00
Target 4: $2.25
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Polygon (Matic) Update:Next Stop $2 at the 161.80% FibsPolygon (Matic) Update: $1.78 Target Hit. Next Stop $2 at the 161.80% Fibs. 20% Gain from current price level to $2. Next Target after $2 at $2.58, 54% Gain from the current price level. See previous analysis below. Happy Trading :)
Polygon (Matic) Update 14/ 05 /21: Matic in Price discovery , our next target price $1.78 at the 227.20 Fibonacci extension . Targets Hit $1, $1.30, Next Stop $1.35 (7% Gain). With this continued momentum to the upside, it is a 43% Gain from current price level @ $1.24 to the 227.20% Fibonacci extension at $1.78. See previous analysis below :)
Polygon (Matic) Update 30/04/21: Target Hit @127.20% Fibonacci level, New ATH @ $0.90 140% Gained from this parabolic move! Next Stop $1, .
Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :)
Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain)
Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :)
Update 20/03/2021
Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :)
Update 20/03/2021
Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd
*Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas.
Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins.
What is Polygon?
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains.
Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Key Notes:
The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon.
Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.