🚀MATIC is in the falling wedge! +233% is a technical target✅Hi friends! MATIC is in the falling wadge. Due to the technical rules the targets for MATIC is $2-2.4 if the pattern will be compited.
Take a look on the chart. The MATIC is among the strongest altcoins. Matic make +233% after the fall to it`s bottom. I think that it can also reach my 2 targets for it very easilly. But first of all you should understand where to open a trade.
📊 Preconditions to open a long:
🔥 liquidity collection below the key level of $0.729. By the way it`s already happen
🔥 squeeze to the upper boundary of the wedge
🔥 bullish BTC pull all the altcoins to their targets
🚩 If BTC will go down, you have additionall plan to short on the chart.The value area of $0.57-0.61 should become the support. Remeber about the volumes.
✅ Also i recommend you to check out this idea about BTC and plan for this month. A lot of usefull indformations and stats for the traders.
📊 Me targets for MATIC:
1. $1.05 - the key level
2. $1.35-1.41 - the value area and mid target
🚩 I marked for you the closest strong resistance on the chart. The 50% of profit have to be booked when the price reach these targets.
💻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
Polygon
🔥🚀IS MATIC THE NEXT GAINER AS TWT or DOGE❓I got +65% profit❗🔥Hi friends! MATIC hadn't fall as much as any other altcoins during the dump. It shows for us the pressence of buyer on MATIC. The main things that we need now is to find the best entry point with max RR and short sl.
🚩 Friends, MATIC is already make +65% from my entry point and make reach 1st target and almost touch the 2nd. I'm sure, that MATIC would be reach this target, if not the FTX crash. Congratulations to everyone who open this trade. Even now you in +10% of profit.
✅ A lot of traders were liquidated as well as stop-losses were triggered. The volume growth confirm it for us. Additionally we see gow the HUGE value area of $0.87-0.95 become the support.So now we can expect the pullback and it's can be just the beginning of the huge move.
📊 My main preconditions to open a long:
1. continue to consolidate inside the inportant value area of $0.87-0.95
2. squeeze to the trendline
3. bullish BTC or at least consolidation in the range
🚩 I have very usefull trading tools such DOM and Footprint which helps me to open a trades with the whales. This indicators show the biggest orders which related to the biggers buyers or sellers. So this tools easilly add to your winrate 25-35%, because the biggest players are usually buy or sell at the best price.
📊 The main 3 targest for MATIC:
🔥 $1.13-1.16 - the closest value area+local target
🔥 $1.5 - the key level and ipmortant resistance
🔥 $1.75 - the key level
🚩 The worts scenario will be the renew of lows at $0.82 and test the $0.87-0.95 value area s the resistance. The price will go lower with high possibility. So it's another thrade that you can open.
✅ Traders, remeber to book the profit by parts. As you can see, the any bad news now dumped the price so much and your profotable position can easilly return at breakeven🔥
💻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.
Polygon (MATIC) - November 13Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(MATICBTC 1W chart)
Maintaining the price in the range of 0.0000 5049 to 0.0000 5393 or higher is expected to lead to a move to renew ATH.
When it falls below 0.0000 5049,
1st support: 0.0000 3910 ~ 0.0000 4415
2nd support: 0.0000 2954 ~ 0.0000 3337
You need to make sure it is supported by
As long as it does not fall below the range of 0.0000 2954 ~ 0.0000 3337, I think that a fall below 0.0000 5049 as a mid- to long-term investment would be a good buy range.
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(MATICUSDT 1W Chart)
The key is whether the price can be sustained above 1.2246.
To do that, you need to make sure you can move up along the uptrend line.
(1D chart)
Since the M-Signal line of the 1W chart and the M-Signal line of the 1M chart pass in the 0.8883-0.9486 section, it is important to be supported and rise in this section.
If not, you should check to see if the HA-Low indicator is supported in the 0.6201-0.7778 zone.
As seen in the MATICBTC chart, MATIC is a strong uptrend coin.
Therefore, if it falls to the 0.6164-0.8191 range, those who want to invest in the mid- to long-term will have a good buying opportunity.
This opportunity can cause great losses for some people, so a strategy is needed to reduce the loss and increase the number of coins corresponding to the profit with an appropriate response.
A drop below 0.5590 is likely to result in a sharp move, i.e. large volatility.
Therefore, it is possible to temporarily touch around 0.2340 and move up, so be careful.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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MATIC/USDT Hello everybody
I have one small idea about matic
In 4h graphic we can see cross RSI and MACD down - so good short opportunity
Don't forget about RS/RW
And have a good day and enjoy ur weekend
Bye
MATICUSD Profit to be made in range as well as break-outs.Polygon (MATICUSD) has been trading within a Channel Up since the June 18 bottom and on November 05 formed its latest Higher High. Since then, it has been highly volatile following the explosive mix of the FTX (bearish) and CPI (bullish) news. This should keep the price volatile and sideways mostly within the bottom (Higher Lows trend-line) of the Channel and the (dashed) Lower Highs trend-line, a sequence that took place from the previous August 14 High until October 17.
A break above the dashed Lower Highs would be bullish towards the 0.382 Fibonacci retracement level while further break, bullish towards the top (Higher Highs) of the Channel Up. Similarly, a break below the Channel Down would be bearish, targeting the previous dashed line.
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Ichimoku Analysis for MATICPrice and lagging both above the cloud along with a bullish kumo crossover.
MATIC - Range ReturningMATIC had a beautiful move but I think it is coming to it's end.
Back into the range likely, but that's fine. If it can range some more then potentially consolidate further for another push?
Swept origin of breakdown above in thick line, heavy resistance and will continue to be imo for some time.
Major high time frame market structure break still holding and I want to see it hold.
I provided my full thoughts on my YT channel as well, check it out!
Vatsik
MATIC | Sky is the Limit..!!
#MATIC Broadening Triangle Formation in Weekly TF 🧐
According to Pattern, Expecting New All time High in Coming 2-3 Months.
The SKY is the Limit 🚀🚀
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Trading opportunity for MATICUSDT PolygonBased on technical factors there is a Long position in :
📊 MATICUSDT - Polygon
🔵 Long Now 1.1924
🧯 Stop loss 1.0644
🏹 Target 1 1.3629
🏹 Target 2 1.5296
🏹 Target 3 1.7461
💸RISK : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
MATICUSDT Price growth will continue, but under what scenario?Our previous idea MATICUSDT didn't get too many views and likes, but it's a pity...
Just look at how she works beautifully:
Since the publication of our previous idea, at the maximum point, the increase in the MATICUSD price was +90%. The growth was stopped at the border of the trend line, which sellers have been controlling since the end of December 2021, and above it the price does not get yet.
During the growth, the MATICUSDT price quite easily passed upwards the liquidity zone of $0.67-0.81 and is now trying to establish itself above it.
The main question for the coming days: Will the buyers be able to pushing the MATIC price and still break through the purple trend line. Most likely, the point of struggle between buyers and sellers will be around $0.90
According to the results of the battle, it will be clear which of the scenarios will be activated: blue or red?
Safe entry long either after fixing the Polygon Matic price above the purple trend line or after a deep correction in the area of $0.65
If you are having a profitable long position MATICUSDT is great, but be careful when the price goes up to $0.90. And even better, moving up your stop during the growth, so as not to give your profit to the market.
The next goal for growth MATIC price remains valid from the previous idea - $1.10-1.20
_______________________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
The next resistance is considered in the range of 1.40 to 1.70!MATIC had good price growth during the last week. The price of this currency, as it was in the short-term ascending channel, reached higher targets by breaking the resistance of the $1 range, with more support from buyers and a sharp increase in trading volume, which was the highest price recorded for MATIC in the last five months. The price is $1.15, and a strong reaction has been observed in this area. The price could enter a corrective wave, and the support in the $1-$1.07 range for MATIC could be a reasonable reaction area, at least for the first touch.
Considering that an important resistance has been broken in the weekly time frame if the weekly candle closes above the $1.075 range. If the short-term upward trend of Bitcoin continues, we can expect the continuation of Matic price growth after the price correction. Let's have the following weeks. For this purpose, the next resistance is considered in the range of 1.40 to 1.70 dollars, and the impact of the price in this area can have a heavy reaction. This resistance zone is related to the weekly interval, and the confirmation of its reaction is checked in this interval.
MATICUSD - Major Breakout / ThoughtsMATIC has broken out spectacularly out of a major downtrend in red
This is leading to a new bull cycle that coincides well with a bottom for BTCUSD
MATIC in my eyes is a good choice as recent developments surrounding the NFT area and Reddit is a bull signal
Green circle is the breakout point
MATIC SHORT 1 HOUR TIME FRAMEHello and good morning/night depending on where you are reading this!
We all saw that MATIC pump towards the upside today. But it has barely any support at the top, and it seems that we have established a new resistance line on the 1 hour timeframe: 1.1778 and a new support line at 1.09. It is looking like MATIC is going to consolidate at around the support line. I think MATIC is a great buy this upcoming month but not before it has built more support.
So here is my short trade on MATIC:
ENTRY: 1.1600
TP1: 1.13
TP2: 1.10
TP3: 1.06
Do not take this as financial advice, I'm just sharing my thoughts on it. What do you guys think as I am always looking for input! If you found this useful please consider liking :)
Have a great day rest of your day :)
- The Stallion
MATICBTC Can Matic trigger a new Alt Season??The Matic Network (MATICUSD) has been on an impressive run as of late. On this chart we see the relative strength of Polygon against Bitcoin (BTCUSD) on the MATICBTC pair. As you see the price is about to test the December 2021 High, which along with the May 2021 High form the long-term Resistance Zone.
It is obvious that this draws comparisons to the pair's previous Cycle. A first test of the Resistance level at the time, failed but a second one only a week later, established the Resistance as a Support and started a parabolic rally. The Gaussian Channel seems to indicate that we are about to see this break-out.
Do you think this can be enough to trigger and if already, confirm, the start of a new Alt Season?
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Polygon: Remove before FlightReady for Takeoff? Polygon couldn't wait any longer and skyrocketed, before we could fasten our seatbelts. What goes up must come down, which is why Polygon has to take a dip after aiming for the stars and drastically increasing in over 23%. The sky is the limit, so we're expecting more movements upwards in the yellow target zone betweenn $1.18 - $1.33 to complete the yellow wave (3). Polygon is moving from the top down the yellow zone between $1.13 - $1.02 to turnaround to fly above the clouds and complete the yellow wave (5). Finally, it is important that the support at $0.968 should not be crossed in order to keep the upward movement going.
My view on Polygon (Matic)Polygon (Matic) works on Web3 platform. I believe it's similar to as 100 years ago people used to send letters and now sending messages anywhere in the world can be accomplished in seconds.
Similarly, all this net that we use is mostly Web2.0. The future of the world lies in Web3.0 and it will be very real by next decade and part of our lives.
Now coming to trend analysis. What matters most is the team behind the project. The price will keep varying but in long-term it'll yield good profit.
Reasons:
1) Scales up ethereum network which can be used for building Web3.0 apps.
2) Will be integrated by Meta (Instagram, Facebook) for NFTs
3) Collaboration with Starbucks.
4) User based work ethic, providing maximum application to users.
5) True to the cause team.
And ever growing adoption of the network.
Sell limit should be $1.70 in 2,3 months and $2.89 in 4,5 months. And in long term it'll cross all time high and be trading above $5 in years to come.
Matic nearing a potential golden cross. 2 current bull targetsIf the golden cross occurs and sustains itself, we should see both of these bullish targets hit in the near future. We are currently above the yellow neckline and would reach the yellow target first. On the way there it would take us above the white channel, and flipping that channel to solidified support would validate its breakout and take us to the white price target. Best to keep an eye on the top trendline of the white channel as it is imperative that we flip its current resistance to solidified support in order to reach either target. *not financial advice*
$MATIC - Coming out of the DENHello my Fellow TraderZ,
$MATIC #POLYGON - one of the strongest Layer2 or prefer to say sidechain for #ETHEREUM, both Fundamentally and Technically.
#META partnership with #ARWEAVE - news has added fuel to its PUMPA recently.
On DTF, $Matic has broken the TL and also trying to close the Daily above the strongest Horizontal Resistance.
Look at the VOLUME, shows a clear buyers' interest. Wait for a pullback and enjoy the RIDE.
CHEERS!!!
#Polygon Explodes, MATIC Heading Back to $1?Past Performance of Polygon
Polygon often tears higher, even outperforming the market whenever there is activity on Ethereum. However, in the current case, MATIC prices are reaping higher and expanding faster towards September 2022 highs from the middle BB. With a bullish engulfing bar and a spike in trading volumes, the odds of MATIC surging above $0.95 remains high; an opportunity for traders.
#Polygon Technical Analysis
The path of least resistance has always been northwards, at least considering how MATIC performed in Q3 2022. The primary liquidation line is at $0.95, coinciding with September highs. With buyers in charge, every low might offer an entry with targets at $1, coinciding with August 2022 highs. Notably, the recoil of prices from the middle BB is with high trading volumes pointing to activity. Therefore, while conservative traders may wait for a clean break above $0.95, a follow-through may see MATIC easily float to $1.35, or Q1 2022 lows in a retest.
What to Expect from #MATIC?
MATIC found support at around the 50 percent Fibonacci retracement level, validating the current uptrend. After a protracted consolidation, there is an explosion in activity pointing to renewed confidence, an opportunity for MATIC bulls.
Resistance level to watch out for: $0.95
Support level to watch out for: $0.82
Disclaimer: Opinions expressed are not investment advice. Do your research.
Long matic#NFA #DYOR
wave 1 is arguable but that ping on the 0.618 level makes me deal with it. wave 3 looks good and usually retraces no more than 50%.
MATIC was rejected from the Weekly Resistance What's Next?MATIC was rejected from $1.014 weekly resistance and has been dumping/going sideways since tapping this zone.
However, 4 hour RSI now looks like MATIC is oversold and it will be important to keep eyes at the daily support area for buying some bags.
The daily support for MATIC is at $0.7873 - $0.6892. If we lose $0.6892 we can expect a bearish momentum towards the lower channel which will be a bloodbath.
Next few days for MATIC are very important I believe MATIC's support will hold & we can expect a pump if market starts bouncing.
All the important levels are marked on the chart.
Enjoy Trading.
(press like 👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis)
Polygon (MATIC) - November 2Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(MATICUSDT 1W Chart)
Above 0.8191, the key is whether it can move up along the uptrend line and move above the M-Signal line on the 1M chart.
(1D chart)
The key is whether it can rise above 0.9226 and find support.
If not, you should check to see if it is supported in the 0.7658-0.8191 section or higher.
We need to see if we can move up along the uptrend line (1).
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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