MATIC - Double BottomA bullflag breakdown into a double bottom is evident in early price evolution
This seems to be happening again with a bullflag being present, all that's needed now is a small breakdown and from there it is lift off as per the bullish double bottom pattern
Daily Chart
Posting some of my previous MATIC analyses
Polygon
Matic target $0.35 SHORT, wave 3 about to startIMO... MATIC bounced from around $0.30 to make a perfect 5 waves correction move, then we have our A,B,C and now we are starting our move to the bottom again to fill the institutional orders. This will create the double bottom we are waiting for this bear market to end... NFA
MATIC/USDT Looks Bullish on 4h ChartMATIC/USDT Looks Bullish on 4h Chart
Took out the low and now trying to recover back above the support🧐
Bull if does so📈
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MATIC/USDT
#MATIC/USDT
#maticusdt
#long
#bull
#bullish
#longpostion
Polygon (MATIC) - October 6Hello?
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(MATICUSDT 1W Chart)
The 0.6164-0.8191 interval is the interval that determines the trend.
Therefore, it is likely that the trend will continue in the direction off the 0.6164-0.8191 range.
Therefore, if the price holds above 0.8191, it is expected to move towards 1.2246.
(1D chart)
In order to continue the upward trend, it must rise above the HA-High indicator.
Therefore, the key is whether it can rise above 0.9226 and find support.
If it falls below 0.8191, we need to see if there is support in the 0.6164-0.7270 range.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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$MATIC - BULLISH but CautiousHello my Fellow TraderZ,
#POLYGON ($MATIC) is going inside the Descending Channel Pattern and again got rejected by the Upper Trendline.
The recent upward movement was also supported by the RSI momentum which clearly was showing Bullish Divergence.
Now I see on 4 HTF price going to come and retest the MA50/200 at the least.
Also on 1 HTF, it is clearly visible that Price was maoving inside the Ascening Triangle and broke the Triangle beautifully and again coming to retest. Here my projection for the coming hours/days where we could go to the $0.9
Happy Trading Fam. CHEERS!!!
SHORT MATICUSDT (Back down to $0.50-$0.70)Entry Price, Stop Loss, Take Profit, and Liquidation Price are all labeled.
Leverage Used: 5x (Short) - Isolated Marigin
Please let me know what you think in the comments!
* I am not a financial advisor. These charts I provide for free are brief explanations of current trades I am in.
Thanks!
$MATIC | Extreme over bought levels upcomingI recently took a long with MATICUSD and was a successful trade. It has also cleared previous resistance currently and looking toward the next short term (drawn from the Daily) resistance level, highlighted with the blue line. MATICUSD is also clear of the 200 EMA but if you look at past movements, the 200 EMA has not been respected by any means. We are also approaching extreme over bought levels at 70+ with the upper band of the Bollinger Band being broken. My eyes are on this and looking for a confirmation candle to SHORT from the most resistance line.
Possible MATIC Bear Flag continuation Thoughts on this one? There is heavy resistance at approx the $0.8 area
$0.32 MATIC testing yearly June lows?Will MATIC retest $0.32 which was the 2022 June lows, BTC looking to correct so...
Matic| We only go forwards not backwardsIf we go down too much further, then its over now. This chart is really showing me that right now we should be going parabolic. Our initial trend line is exponential
Showing a dip down to 66-72 cents but we were just there...we only go forwards not backwards
#Polygon Prices Volatile; are MATIC Bulls readying for $1?Past Performance of Polygon
Like the rest of the crypto market, Polygon is moving within a narrow range and is bearish. Therefore, while buyers stand a chance, sellers may press on and force MATIC below multi-week support. Per the MATIC price arrangement in the daily chart, support lies at $0.701.
#Polygon Technical Analysis
MATIC prices are range bound at spot rates, anchored within the September 22 bull bar despite strong opposition to the upside. Primary support is at $0.701, marking last week's lows and flashing with the 50 percent Fibonacci retracement level of the June to August 2022 trade range. Technically, traders might find loading opportunities if prices are above $0.701, targeting $0.930 in the medium term. Conversely, sharp losses below this week's low may crush bulls, initiating a sell-off towards $0.60, the 61.8 percent Fibonacci retracement of the above-mentioned trade range.
What to Expect from #MATIC?
The crypto market is volatile, and so is MATIC. There are hints of strength, but the uptrend may hold if prices exceed $0.701. This may, in turn, fan demand, lifting the coin towards $0.930 and later $1 in a buy trend continuation formation.
Resistance level to watch out for: $0.930
Support level to watch out for: $0.701
Disclaimer: Opinions expressed are not investment advice. Do your research.
Price predictions for MATIC. Are you Bullish on Polygon?My primary expectation for Matic is one more low in a wave five of the wave c. However it has done a lower low so we could technically go up up from here and nearly hit the 50% fib which is an ideal retracement for a lager wave 2. If we are in the wave 4 still before wave down in the wave C. We could comedown between 0.6867 all the way down to 0.4587 in a wave 2. If we come down any further I will be laddering buy orders down to 0.45 cent. Just remember it reversing in this area is not guaranteed but I think its very likely. If we do reverse to the upside the wave 3 targets would be 1.41 to 1.86 which is 90 to 150% from where we are now. :)
MaticWe are at the exact point where our exponential trend line is getting more parabolic so we must push up now to sustain and continue it. Something is forming in these patterns, this is my easiest but most effective way to look at it.
MATICUSDT Market Update 28/09/2022MATIC formed inverse head and shoulder and traded near to its neckline. Here we have to keep an eye on a successful breakout of the neckline, which will confirm its bullish move towards the upper marked resistance levels.
If MATIC loses strength and lost its right shoulder path then that would be a sign of another leg down in MATIC. Some further price action will confirm its direction.
Polygon (MATIC) - September 28Hello?
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Have a good day.
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(MATICUSDT 1W Chart)
The key is whether it can support and move up in the 0.6164-0.8191 section.
(1D chart)
The key is whether it can move above 0.8191 and move up along the rising channel (1).
If it falls below 0.6164, it is expected to fall around 0.4010.
------------------------------------------------------------ -----------------------------------------------------
** 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.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** 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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matic polygon0.96 is our resistance line. if we surpass it we will go to 3$
i based my stimations on RSI and ghost candles, from the last bullrun one year ago.
a cup and handle is being formed.
if you want another coin, just say it.
MATIC - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for MATIC .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
MATIC repeating ETH's first run : UPDATE 2022MATIC repeating ETH's first run : UPDATE 2022
check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on.
there is always another train through the station as long as we haven't nuked ourselves into oblivion.
anwayyyy this seems to be playing out nicely. the chart says it all. the repeating RSI pattern says we've bottomed already. or it seems that way anyway. RSI can be a tricky beast tho, you need to be careful with it.
it does seem like macro wise there has been enough blood but there are some fundamental bad things playing out in the system. war/climate change/massive unraveling of over inflated assets/normal max inflation etc etc so i wouldn't be surprised if it goes down another big leg.
two options there, clearly just wait and see if it all reverses on that first support coming up. then matic maybe a nice play. 250% sounds good to me.
lets see how this one goes. good luck to you fellow degen.
x
Polygon: Jump, Jump 🎤We commence to make you – jump, jump,
The Mac Dad’ll make you – jump, jump,
The Daddy Mac’ll make you – jump, jump,
Kris Kross will make you – jump, jump...
As fitting as it is, we’re not really talking about the song by Kris Kross, which was released in February 1992 as the first single of their first studio album, but much rather commenting on Polygon’s next movement. Indeed, the altcoin should jump from the orange zone between $000 and $000 into the blue zone between $0.686 and $0.400 to finish wave (ii) in blue. Then, it should turn upwards, heading for the resistance at $1.05 and eventually crossing this mark. However, there is a 38% chance that Polygon could directly jump above the resistance at $1.05 instead.
Do the whales make a trap on MATIC❓ The next scenario.Hi friends! Polygon break the trendline after the 4th test as the support. As you know, the more level tests, the weaker the level becomes.
✅ This fall was so expected, so i congrats the subscribers who opened the short trades!
Now the price of MATIC is following the BTC and consolidation inside the $0.73-0.77 value area.
I marked a few volume zones for you and as you can see the whales always buy the bottom of the MATIC. Now it`s the same volume bars growth and this is additional conformation of the bull pressence.
📊 Preconditions to open long:
🔥 squeeze to the local trendline
🔥 the whales buy orders on DOM and Footrpint scalping tools
🔥 volume is already growth at the bottom
🔥 bullish BTC force the MATIC to grow and reach all the targets
🚩 DOM and Footprint are the tools that i use for scalping. They help me to identify the best places to buy and sell crypto with the whales. Everyone can use because it`s avaliable for free.
📊 The targets:
1. $0.9-0.95 - the closest value area and resistance for the price
2. $1-1.05 -the value area and local highs
💻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) - September 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(MATICUSDT 1W Chart)
The key is whether you can support and move up in the 0.6164-0.8191 section.
(1D chart)
The 0.6164-0.8191 interval is the interval that determines the trend.
Therefore, it is highly likely that the trend will continue in a direction that deviates from the 0.6164-0.8191 section.
However, to continue the uptrend, it must rise above 0.9226.
If it falls below 0.6164, it is expected to decline to around 0.4010.
If that happens, the possibility of entering the mid- to long-term investment area increases, so you need to think about countermeasures.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(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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Trading opportunity for MATICUSDT PolygonBased on technical factors there is a Short position in :
📊 MATICUSDT Polygon
🔴 Short Now 0.7941 or by Breakout
🧯 Stop loss 0.8900
🏹 Target 1 0.6900
🏹 Target 2 0.5555
🏹 Target 3 0.3700
💸Capital : 1%
We hope it is profitable for you ❤️
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