MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected and finally broke its major resistance and retesting that to change it to a support base band then continue to reach the second target. The targets will be 1.6 and 1.7 .
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
Polygon
$Matic - End of PUMP Era - Retest $0.3Matic printing BEAR FLAG pattern just like $BTC did Jan-Apr 2022 (TERRA LUNA COLLAPSE)
POLYGON had already gone through big announcements and finally Sell the HYPE?
And ARBITRUM taking the edge over POLYGON
Complacency Phase. Expecting New All Time Low
MATIC headed down to 1.20's?
I believe we will see some bears win for awhile until the better news of hiring or a next project comes out.
🔥MATIC IS GOING TO MAKE +120%, BUT ONLY AFTER THIS!🔥 Hi friends! MATIC looks much stronger than other altcoins because it's a strong fundamental project.
📊 THE TRADING PLAN FOR MATIC:
1. pullback to $1.3 key level (is a must-have) and test it or the false breakout (much better)
2. volume growth. As you can see, it always grows at the bottom
3. bullish BTC
🚩 It's essential to see the huge buy orders of the whales on DOM and Footprint. I use these scalping tools to track the big guys on crypto market and make a profit with them.
✅ THE LONG TARGETS FOR MATIC:
🔥 $2.1 - the ley level
🔥 $2.45 - the key level, local highs
🔥 $2.92 - the key level, ATH
If the price makes another 100%, it become #6 or #7 in the capitalization list (now #9), overtake XRP and reach $25B cap. Possibly, it can renew it's ATH if BTC reach $32-35k.
Traders, this is a scenario where I will open my longs, but it can go straight to the first target, because it's so strong.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🔥MATIC IS A MOST STRONGEST ALTCOIN: +20% IS ONLY FIRST TARGET🔥 Hi friends! Matic fell well and very bullish altcoin unlike Cardano and many other weak altcoins. In this idea, I will explain my point of view and the most possible scenario for Polygon.
Now we see how the price makes a pullback after the test of the value area of $0.89-0.94 as the resistance. Matic fell to the key level of $0.76 and this is a key area where we should open a long.
📊 PRECONDITIONS TO OPEN A LONG ON MATIC:
1. false breakout of the key level of $0.76
2. volume growth
3. bullish BTC
✅ THE LONG TARGETS FOR MATIC:
🔥 $0.89-0.94 - closest value area and strong resistance
🔥 $1 - key level and even number
🔥 $1.3 - local highs and key level
🚩 Take a look at the chart and previous value areas tests. It became the strong resistance so often, so if MATIC makes a false breakout after reaching it, I recommend you to close the whole trade and pull the sl to breakeven. Also, you can try to open a short but only if you will see that BTC will become bearish soon.
Traders, what is your opinion on MATIC? Do you hold this coin as a long-term investment? Let me know in the comments!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
MATIC looks bearishHello, everyone!
Let's take a look at the BINANCE:MATICUSDT chart. After the huge downside impulse price is printing the clear upward sloping trend channel. We can also notice that it formed the deviation below this channel. It was the fake breakdown to stimulate traders open short trades.
In such cases price usually tends to create the same deviation to the upside. It could perfectly coincides with the supply zone above. Therefore I expect the MATIC price a little bit higher at $1.8 and crash after that.
Best regards, Ivan
________________________________________________________________________________________________
If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
MATIC trade setup The idea is: Buy when the price breaks above 1.535$ and take profits at the levels shown in the chart.
Targets:
1. 1.56$
2. 1.62$
3. 1.68$
-------------------------------------------
What's a Fair Value Gap (FVG) ?:
A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders.
-------------------------------------------
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 drop as well. Trade safe!
Polygon MATIC price will double or halve its value in few monthFinally, altcoins have started their upward movement, most of the ideas we have published on different coins over the past 2–3 weeks are in the process of working out the targets.
But the MATICUSDT price did not grow much on the crypto market in the last few days. In fact, the MATIC price was one of the first to break out of the downward trend in the summer of 2022 and has been in a protracted consolidation since then.
The way out of such consolidation will be a powerful impulse movement that will double the value of the Polygon token or halve it.
Therefore, it is very important to monitor the behavior of the MATICUSDT price around $0.75.
Another holding of the price above this level will increase the chance of starting growth to $1.50 per MATIC
However, if sellers can easily push and fix the price below $0.70-0.75, then this will be a signal that keeping MATIC in your portfolio may be unprofitable. After all, because of such conditions, an almost unobstructed path will open for the price to fall to 0.44
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Ichimoku Analysis MATICClosing above 1.035 could get us to 50% Profit in it. There is a bullish kumo crossover already.
MATIC BREAKOUT! Wait for Retest?MATIC has broken out of its long-term resistance in 1.3 USD, and is heading towards 2 USD zone as the next resistance.
The safer plan for now is to wait for a retest on resistance-turned-support (1.3)
We shall look for a bullish candle there to go for a long position/buy
However, if fails (no bullish candle and/or the support is broken, we may see an opportunity to 0.9 even 0.75 area
Matic $1.60 follow uplook at previous post, Almost there, DogElonMars just pumped 23%, just need a bit more for the inverted head and shoulders target of $1.60!
pull back after and or consolidate
✴️ MATIC Network (Polygon) Update (70% More & Then More!)After 6 weeks of growth, 6 weeks closing green... The seventh week becomes even stronger and produces more growth than any of the previous weeks.
Notice here the "low volume".
I always mention how low volume when considered in context to the broader market experience can give a completely different signal than a bearish one.
Volume is low as prices grow strong, this means that the real growth is yet to come.
We will see even more action, more growth, based on this volume signal and the weekly candles of course.
This is the same chart I published weeks ago... Just an update!
Previous charts:
27-Jan. ✴️ Polygon Growing 144% Is Only The Beginning
2-Feb. ✴️ MATICUSDT | Polygon, New Entry (Name Your Altcoin #2 ✅)
Thanks for the support.
Namaste.
MATICUSDT 4HMATIC is unstoppable! It has already broken up the bullish channel and the upper line of the keltner channel. It can pull back to the 1.3727 region to take a breath and then move up towards 1.6148, or go straight up to 1.5191 before that pullback. Stocastic above 70 does not necessarily mean “overbought”. Upward moving averages indicate and confirm the uptrend.
Here are the supports and resistances in the 4H:
Main support levels : 1.3718/ 1.2500 / 1.1405
Main Resistance Levels: 1.5215/ 1.6179/ 1.7048
Recalling that Polygon has set March 27 as the launch date for the long-awaited beta mainnet network Ethereum Virtual Machine (zkEVM), an innovative technology that aims to increase the speed of blockchain transactions and reduce their cost.
Looks like there is going to be a major correction hereBitcoin looks on the edge, edge of an 10% correction that is.
Shitcoins, like MATIC which has been aggressively pumped in last month could see 20% or even 30% correction as bitcoin corrects 10%.
Keeping this on the watch list, going short if bitcoin correction is confirmed.
MATIC holders, well done, still 20-23% of potential profit !#MATIC / USD Update:
$MATIC is currently trading at $1.38
According to Coinlion Trend Trader Indicator, MATIC is currently bullish (he is in the ascending channel since July 18th 2022)
Entry point : $0.86
Profit Point : $1.71 (100% profit)
The next possible target would be the top of the channel at $1,71 (23% more profit)
What do you think ?
Please click LIKE button and Appreciate my work.
Coinlion Trend Trader indicator tells me when to enter short or long, when to exit and when to take profit :-)
Thank you.
MATIC Long!!KUCOIN:MATICUSDT
MATIC sitting in potential cup with breakout upside to 1.76 level possible 36%.
On rejection can short to pullback for re-entry ideas for long to breakout.
Better entry, retest of breakout level. Can look to enter on break and add to position on successful retest.
LTF analysis can provide pre-breakout opportunity but watch for 21 to catch structure.
MATIC news:
1. Doritos chips becomes latest brand to launch in metaverse with Polygon-based NFTs
Polygon’s growing adoption by mainstream corporate giants including Nike, Disney, Starbucks, Coca-Cola, Meta and Reddit.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
matic usdt tf 4h ,rising wedge target price 0,9474matic usdt tf 4h ,rising wedge target price 0,9474
MATICUSD Tests Crucial Lines Ahead of a Possible Trend ReversalMATICUSD shows a major trend reversal signal according the Heikin Ashi hourly chart. This becomes with testing the support of the crucial lines of Fibonacci 23.6% at 1.2818 and 1.2770, as this area has a very important volume profile. Also, it is near the SMA-100, which is in turn, a very important for trend signaling as the orange shaded area below it demonstrates.
A breakdown below 1.2818 and SMA-100 may confirm the trend reversal of MATICUSD. The area between 1.2555-1.2396 levels is the bearish target for MATICUSD if the breakdown would happen. If a further breakdown below those bearish levels occurred, the area between 1.2168-1.2055 would be the next bearish target as well.
On the other hand, if MATICUSD managed to stabilize above the area of 1.2818-1.2770, this may invalidate the previous bearish hypothesis and the area between 1.2899-1.2933 may be retested again in order for MATICUSD to continue its bullish trend toward 1.3231-1.3307 as the next possible targets.
Matic strong demand, waiting for a trendline break to shortMatic shows strong demand in comparison to other alts. Waiting for a trendline retest and a possible short entry below 1.24 level which also confluences with MAs.
MATIC is at Resistance, Will We See a Breakout?MATIC is currently at the $1.32 resistance. Can it break through and head toward the all-time high?
About MATIC: Polygon (MATIC) is a blockchain platform that provides Ethereum compatibility through its Layer 2 scaling solution. It aims to solve scalability issues in the Ethereum network, and make it easier for developers to build and deploy decentralized applications (dApps). Polygon has been making waves in the cryptocurrency world due to its innovative approach to solving the scalability issue and its potential to revolutionize the Ethereum ecosystem.
MATIC, a Different Cryptocurrency
MATIC has been behaving differently from the rest of the cryptocurrency market. Unlike other cryptocurrencies that reached their lowest levels in November following the FTX crash, MATIC hit its lowest level in June 2022. This shows that MATIC has been resilient and has followed a different trend than the rest of the market.
After reaching its lowest level, MATIC has been mainly ranging between $0.70 and $1.00 from July 2022 to January 2023. However, at the end of January 2023, it broke above this range and is now heading toward the $1.32 resistance level. If MATIC successfully breaks this resistance, it will likely head toward its all-time high of $2.91.
However, if the resistance holds, MATIC will head toward the $1.00 support level. Additionally, there are 2 more support levels at $0.70 and $0.30, but it is improbable that MATIC will reach the $0.30 level considering the current market conditions. The key to predicting the future price of MATIC is to keep a close eye on how it behaves at the current resistance level.
Looking Ahead: Polygon (MATIC) is a promising project that has the potential to revolutionize the Ethereum ecosystem by providing a scalable solution. With its strong performance, MATIC is a cryptocurrency worth keeping an eye on in the coming months.
