#MATIC/USDT LONG#MATIC
Since the beginning of the year, the price has been moving in a descending triangle.
The support was adopted on the lower border of the triangle.
Now the price is about to increase this model.
Price Now 0.8282
First Goal 1.222
Second goal 1.578
Representing 200% of the current price
You should pay attention to the rebound points.
Maticusdtlong
MATICUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 0.9 - 1.2 - 1.4
after first target reached move ur stop to breakeven
Stop: ~0.52 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Matic LongInteresting in Dca Long under 0.9200 if it gives the price.
Targeting 1.16-1.20
Risky bet but i think it should hold here and send more.
some limits set.
Will Stop if holds under 0.9
Note: Not a Financial Advice.
MATIC may rally 300 % It's long term analysis DYOR
You musdt have strong patiense to reach the TPs
all are shown on chart
Good luck !
MATIC - New Uptrend?After reaching a 6-month high near $1, the price entered a correction phase represented by a descending trendline, with price compression below it.
Now #Matic has seen an increase in open interest, signaling a new attempt to break the downtrend and start a new uptrend.
MATIC ANALYSIS🔮 #MATIC Analysis 💰💰
🌟🚀 #MATIC is trading in a Symmetrical Triangle Pattern. The price is currently trading in a small zone below its descending trendline and a good bullish moment will be confirmed after a good breakout. 🚀🚀
🔖 Current Price: $0.7880
⏳️ Target Price: $1.5072
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #MATIC. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#MATIC #Cryptocurrency #DYOR
Bullish on Matic Swing LongI am too Buliish on this having alot in spot bags avg buy around 0.68
Longed it here with tight sl from 0.7980.
Stoploss at 7850.
Possibly it can hold here if hold here means reclaimed the trendline and this can Quick sent to 1.2 initially.
The real bull run on this will begin after 1.
HTF currently looks too Bullish.
Note: Not a Financial Advice.
MATIC → Polygon Pullback then Bounce to New Highs? Let's Answer.MATIC has been caught between a trading zone since November but has finally touched the Support Zone and bounced back above the Daily 200EMA. Should we long here?
How do we trade this? 🤔
The Support Zone was touched and a strong bounce led the price back above the 200EMA. We are currently hovering between the Daily 30EMA and 200EMA with no clear signals to buy or sell. The RSI is around 46.00 and above the Moving Average, another sign for a long position. The only thing we're missing is a solid Risk/Reward Ratio and a buy signal, which requires the price pullback a bit more before we can enter the market.
We ought to target at least a 1:2 Risk/Reward, but I believe we have the runway for a 1:3 Risk/Reward given the distance to the previous high of $1.092. Target the $0.735 price area for an entry and place a stop loss below the previous low in the Support Zone around $0.655, the first Take Profit at $0.815, and the final Take Profit around $0.975 or until you see a sell signal. Move the stop loss up to the entry price when Take Profit #1 is hit to lock in profits.
The first take profit is placed around the 30EMA zone since it may act as resistance. The second take profit is placed just before $1.00 where there has been a few failed attempts to break it since November.
💡 Trade Idea 💡
Long Entry: $0.735
🟥 Stop Loss: $0.655
✅ Take Profit #1: $0.815
✅ Take Profit #2: $0.975
⚖️ Risk/Reward Ratio: 1:3
🔑 Key Takeaways 🔑
1. Trading range after a bull run justified long bias.
2. Contact with the Support Zone followed by a bounce.
3. Price hovering between 30EMA and 200EMA, wait for pullback.
4. Look for long entry around $0.735 for a 1:3 Risk/Reward ratio.
5. RSI at 46.00 and above the moving average, supports long bias.
💰 Trading Tip 💰
It's reasonable to take half profits at the first resistance target in a long trade, or the first support target in a short trade. Using a 1:1 Risk/Reward Ratio for your first target, you can move your stop loss up to your entry price, locking in profits. This allows you to watch the rest of the trade execute without worry of losing money. This helps improve trading psychology and the equity in your account.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and Follow to learn more about:
1. Reading Price Action
2. Chart Analysis
3. Trade Management
4. Trading Psychology
MATIC ANALYSIS🔮 #MATIC Analysis 🚀🚀
💲💲 #MATIC is trading in a descending channel pattern and trying to breakout the channel but rejected from the resistance zone. Currently the price is trading in a parallel channel. If the price of #MATIC breaks and sustain the higher price then will see a pump 📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#MATIC #Cryptocurrency #DYOR
MATICUSDT: 4HR Bullish View! Hey Everyone,
BINANCE:MATICUSDT price first consolidated then accumulated which led to clear and successful distribution. Imbalance area need to be settle and therefore we aiming at that region from which price will rebound correctly. Be patient and let price do its things once it falls in our entry zone, take swing entry.
Happy New Year in advance ;)
MATICUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: Market and lower
Targets: 0.97 and 1.05
after first target reached move ur stop to breakeven
Stop: ~0.68 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 2
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Matic is just preparing.Matic is holding resistance zone around 0.94-0.97 area, which means closing candle above is a great opportunity to look for long position. And here is my idea of how it will go. I will be taking profits at those green lines.
MATIC target 1.4712h time frame
-
MATIC is creating a potential double bottom structure. Taking a step forward to the lower time frame, MATIC just retested 0.5 Fibonacci Projection, which final target is 1.47. Also, use Fibonacci Extension on the wave from 1.568~0.492, it shows the first target at 1.44, which is closer to target from Fib Projection, and 1.44~1.47 is the neckline of this potential double bottom. Further, if MATIC complete this double bottom, final target will be 2.64.
-
TP: 1.44~1.47
SL: 0.7145
MATICUSDT - D1\H4MATICUSDT
D1 - The price is in a corrective movement after a strong impulse, the movement may continue to the level of 0.640 from these levels, you can look for a pattern to enter a buy. Or wait until the trend line level is fixed and consider buying.
H4 - The price has formed a triangular formation, and potentially a 3-wave formation. You can try to buy from current levels or on breaking through the 1st wave with targets to levels 0.98 - 1.00
What can you expect?
After fixing the level of the upper border of the border, the entry can be considered from level values of 0.77 - 0.79. Cancel the idea, return to level 0.72
Long
Targets 0.8456 - 0.8764 - 0.9220 - 0.9823
Empty seller in low levelAnalysis 📈 = when in flag down in bullrun if to low support level since for buy.
(Buy/Sell) 📊 = 0.6150$
*-Stop Loss = 0.5948$
*-Take Profit 🎯 = 0.6568$ - 0.6979$ - 0.7322$
*-Risk Management 🚧 = 3%
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
MATIC Surges 6% as Whales Jump In!
MATIC token has just experienced a remarkable surge of 6%, and the cherry on top? Whales are diving into this promising opportunity!
Yes, you read that right! The MATIC token has been making waves in the market, and it's time for us to ride this exhilarating wave. With whales investing in MATIC, it's a clear sign that the smart money is betting big on its future potential. This is a golden opportunity for us to join the ranks of these savvy investors and potentially reap substantial profits.
So, what are you waiting for? It's time to seize the moment and take advantage of this exciting development. I encourage you to seriously consider going long on MATIC, as this surge, coupled with whale investments, indicates a strong bullish sentiment surrounding the token. By going long, we position ourselves to potentially benefit from the anticipated upward momentum.
Why should you consider MATIC? Well, apart from the recent surge and whale interest, MATIC has been gaining significant traction in the market due to its innovative scalability solutions for Ethereum. As the crypto world continues to evolve, MATIC's technology is well-positioned to address the scalability issues faced by many blockchain platforms. This potential for widespread adoption makes MATIC an attractive long-term investment opportunity.
Remember, timing is crucial in the crypto market, and this surge presents a unique chance to capitalize on the growing interest in MATIC. Don't let this opportunity slip through your fingers! Conduct thorough research, analyze the market trends, and consider adding MATIC to your portfolio.
If you're ready to take the plunge and long MATIC, I suggest exploring reputable exchanges that provide a seamless trading experience and offer the necessary tools to maximize your gains. Ensure you stay updated with the latest news and developments surrounding MATIC to make informed decisions.
As always, please remember that investing in cryptocurrencies carries risks, and it's essential to make decisions based on your own financial situation and risk tolerance.
MATICUSDT Potential Targets!MATICUSDT (1D Chart) Technical analysis
MATICUSDT (1D Chart) Currently trading at $0.646
Buy level: Above $0.64
Stop loss: Below $0.55
TP1: $0.7
TP2: $0.8
TP3: $0.88
TP4: $1
Max Leverage 3x
Always keep Stop loss
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MATICUSDT - D1MATICUSDT
D1 - The price is moving in an ascending channel; if the price is fixed at the level of 0.75, the price may continue to move to the levels 1.1420 - 1.1960. When the trend line is broken, a corrective movement from the impulse on W1 may begin.
What to expect now?
Waiting for the breakout and fixation beyond the level of 0.75. It will be possible to consider buying with a short risk on the idea of a breakdown of the channel level.
The nearest targets with this formation are 0.97
Complete cancellation of the scenario of breakdown and retest of trend line D1.
Short
Targets 0.8158 - 0.8932 - 0.9700 - 1.1420
Matic longMy plan for $MATIC... 2 scenario's I'm looking for...
Alarms set around 0.5 fib and $0,70✅ Patience...
#trading #maticusdt #polygon
@0xPolygon
@0xPolygonLabs
MATIC Surges 3% - Time to Long and Ride the Wave!MATIC token has experienced a remarkable surge, soaring up by a staggering 3% in just a short span of time! This is an exciting development that should not be overlooked, and I encourage you to seize this opportunity and consider going long on MATIC.
The recent 3% surge in MATIC is a clear indication of the growing strength and potential of this remarkable cryptocurrency. As traders, we are always on the lookout for promising opportunities, and MATIC has consistently proven itself as a force to be reckoned with in the market. This surge serves as a testament to the resilience and upward trajectory of this incredible token.
Now, you might be wondering why this surge matters and what it means for you as a trader. Well, let me tell you, it's time to get excited! A 3% increase may seem small to some, but it's the beginning of a potential rally that could propel MATIC to new heights. By going long on MATIC, you position yourself to reap the benefits of this upward momentum, potentially maximizing your profits in the process.
So, how can you take advantage of this exciting opportunity? It's simple! Consider opening a long position on MATIC, placing your trust in its potential for further growth. By doing so, you align yourself with the positive market sentiment surrounding this token, positioning yourself for potential gains as the price continues to climb.
Remember, the crypto market is highly dynamic and ever-changing. Opportunities like these are what make trading so thrilling and rewarding. However, it's important to always conduct your own research and exercise caution when making investment decisions. While MATIC's recent surge is a promising sign, it's crucial to analyze the market trends and indicators before taking any action.
As always, I encourage you to stay informed, keep an eye on the market, and make well-informed decisions based on your own risk appetite and trading strategy. Don't miss out on this exciting opportunity to long MATIC and potentially ride the wave of its upward momentum!
Wishing you profitable trades and an exciting journey ahead!
MATIC/POLYGON - long position |AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity MATICUSD
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"Matic Unleashing the Potential of Layer 2 Scaling in Blockchain Riding a Bullish Wave Today
Matic Network (now rebranded as Polygon) is experiencing a remarkable bullish trend today. With its robust layer 2 scaling solutions for Ethereum, Matic has become a key player in the blockchain ecosystem. Its recent surge can be attributed to growing adoption by decentralized applications (dApps) and DeFi projects seeking to alleviate Ethereum's congestion and high gas fees. Additionally, Matic's commitment to interoperability with other blockchains has garnered investor confidence. As institutional interest in the broader crypto market continues to rise, Matic's innovative approach to scaling and its expanding ecosystem position it favorably for sustained growth in the near term.