Polygon MATIC heavy coin inflow into exchangesNext week we have the FOMC meeting.
Most likely the Federal Reserve will raise rates by 75 basis points. In case of 100 basis points increase, i expect a sell-off in the markets.
Major cryptocurrencies have seen heavy coin inflow into exchanges recently.
I expect a strong sell pressure next week.
MATIC/USDT short
Entry Range: $0.80 - 0.85
Take Profit 1: $0.75
Take Profit 2: $0.71
Take Profit 3: $0.62
Stop Loss: $0.97
Polygon
Trading opportunity for MATICUSDT PolygonBased on technical factors there is a Short position in :
📊 MATICUSDT Polygon
🔴 Short Now 0.7980
🧯 Stop loss 0.8900
🏹 Target 1 0.6800
🏹 Target 2 0.5350
🏹 Target 3 0.3700
💸Capital : 1%
We hope it is profitable for you ❤️
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MATICUSDT 12h Ahead is a strong upward movement of MATIC priceThe MATICUSDT price has broken through the purple trend line and is also consolidating above the liquidity zone of $0.68-0.8
Also, the MATICUSD price does not react at all to fluctuations in the BTCUSDT price.
It seems that now the accumulation of forces of MATIC buyers is going on before further upward movement.
It seems obvious that a rapid upward movement can start both from the upper limit of the liquidity zone $0.80 and from the lower limit of $0.68.
However, the next target from above is $1.55-1.57 from both starting points
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$MATIC | History Repeating ItselfMATICUSD has hit this support zone multiple times with a bounce to the upside but never making it above the 200EMA. And here we are again with the same story. We have oversold on the RSI levels and still significantly in a downstrend, BUT a good opportunity for a decent quick move and profit. I think it can clear 13 and 50 EMAs easily as those have not been respected in recent history. Not expecting anything monumental with all things considering around the crypto market but see a chance.
📊MATIC squeeze to a trendline! 3 preconditions to open a shortHi friends! Matic is make the biggest performance among other altcoins. But after the Inflation rate announce, it`s make a pullback to the global trendline.
Even the announcment of the partnership between the Polygon (MATIC) and Starbucks don`t PUMP the price . This mean that the big buyer is waiting for the better price and don't want support the price to buy lower.
📊 Preconditions to open a short:
🔥squeeze to the trendline
🔥bearish BTC
🔥sell orders WALL on DOM and Footprint
🚩 When the matic test the trendline for 4 times, it`s make a huge Pump, but i think we are in a different market conditions now. In any case pay your attention to volume indicator and DOM to identify the Big players to open a trade in the same side with them.
📊 The closest targets is the $0.7-0.78 value area.
💻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.
MATICUSDT - Symmetrical Triangle Pattern!MATICUSDT (4h Chart) Technical analysis
MATICUSDT (4h Chart) Currently trading at $0.93
Buy level: Above $0.92
Stop loss: Below $0.785
Target 1: $0.983
Target 2: $1.15
Target 3: $1.45
Target 4: $1.75
Max Leverage 3x
Always keep Stop loss
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Polygon MATIC bearish sentimentSeptember has major catalysts for the crypto market as well as for the stock market.
The Ethereum merge on September 6th, that will end on Sept 20, the inflation report on September 13 and the next FOMC meeting afterwards with the new interest rates hike.
That is reflected in the crypto space in general as a bearish outlook.
Polygon MATIC has a negative overall sentiment recently.
I have the following price targets:
MATIC/USDT short
Entry Range: $0.84 - 0.90
Take Profit 1: $0.76
Take Profit 2: $0.72
Take Profit 3: $0.61
Stop Loss: $0.99
Matic/Polygon looks like it's forming a head and shoulders patteSeems like a clear head and shoulders pattern near the golden pocket.
Polygon vs Ethereum ratio since 2021
Despite sub $1 USD/Matic, relative strength to Ethereum suggests relatively overpriced but if ratio persists trajectory may be bullish in Ethereum terms. But in $ terms depends on market response to ... The Merge.
September 1 BTCUSD BingX Chart Analysis and Today's HeadlinePolygon Announces Avail Testnet
Eurozone inflation surged to another record high in August, annual inflation across the bloc rose to 9.1% this month, up from 8.9% in July, according to the latest figures from Eurostat. Bitcoin is down 0.92% over the last 24 hours and fell to an intraday low of $19,869.17. The largest cryptocurrency has been trading around the psychological level of $20,000 for the past 5 days, suggesting neither bulls nor bears are willing to give up this vital level. If the bulls are able to hold the price above the $20,000 level, the BTC/USDT pair could rally to the 20-day exponential moving average (EMA) ($21,205). Conversely, if the price drops below this level, the bears will attempt to pull the pair toward $18,000.
Today’s Cryptocurrency Headline
Polygon Announces Avail Testnet
Polygon has announced that the Polygon Avail testnet is now live, with an updated version coming soon. According to Polygon, Avail’s block time is currently 20 seconds, and each block can hold about 2MB of data. Assuming an average transaction size of 250 bytes, each Polygon Avail block today can hold about 8400 transactions (420 transactions per second). Additionally, Avail can consistently fill blocks right up to the storage limit, and increase size as needed, which could bring the transactio
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Polygon (MATIC) - September 1Hello?
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 it can support and move up in the 0.6164-0.8191 section.
(1D chart)
While holding the price above 0.8191, we need to see if we can move above the uptrend line.
If it doesn't, it could drop to around 0.6164.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
Pullback on 15minHidden Bullish Divergence on the 15 min and 30 min on an Upward Trend to continue.
Good entry identification in the next candle? Wait to see if 20 EMA down crossover 50 EMA. If so test 30 min chart
NOT FINANCIAL ADVICE
Keep an eye! Share your thoughts on this!
Thanks
MATIC - Quickplay | SHORTGood RR for a short here, hoping the stock market futures open red later today.
Matic.Usdt (Y22.P1.Video1). Wyckoff alignmentHi All,
Here I look how the Macro aligns with a bottoming formation \ fractal to BTC some time back in 2018.
I also give reasons with a picture as to how it aligned with Wyckoff distribution for the short term and how combining them, gives us the bottom expectations.
Please give me a like and share,
All the best,
S.SAri
Polygon MATIC short Entry Range, Take Profit and Stop LossMATIC/USDT short
Entry Range: $0.80 - 0.85
Take Profit 1: $0.76
Take Profit 2: $0.72
Take Profit 3: $0.61
Stop Loss: $0.95
Is Matic bullish again?!After last drop of 20% it looks like Matic found a bottom and wants to break out of the last resistance. The current resistance has been a strong support before. After breaking out we looking to go up to $ 0,88. What are your thoughts about Matic?
📊Top gainer`s pullback: 1 more chance for long traders on MATICHi friends! Matic made +100% of profit and was most actove altcoin after BTC DUMo and a lot of retail traders pat attention to this coin. I think thouthands of retailers become a fuel for this fall and it`s completelly not enough to force them to sell their MATIC.
We can expect the fall of MATIC to the closest value area $0.63-0.71. Here we can fing the best entry point. Especially if you use DOM and Footprint indicators, you can set short stop loss and get highest RR.
📊 Preconditions to open a long:
🚩 pullback to the $0.63-0.71 value area
🚩 volume growth which confirms the pressence of BUYER
🚩 DOM and Footprint show the whale` orders wall where you can set short stop loss
🚩 bullish BTC
🔥 If BTC will fall to $19 500 - 20 000 area and will also be supported by the whales, it will be reversal point for all cryptocurrencies. In this case, all alts will make a huge PUMP.
📊 The targets:
1. $0.87-0.95 - the closest value area
2. $1.01 - key level and reversal point where a lot of short traders sl are set.
💻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 - Going Long HereI think Polygon is going to have a large part in the next phase of ethereum and maybe crypto at large, so I've been looking for an entry into MATIC.
Well here's my entry.
Bitcoin pulled back hard today, and brought all the coins with it. I'm seeing Matic finalizing it's downtrend, with an overselling event, which brings prices to the bottom of the yellow range.
That should be a strong support level, to finalize the last 2 legs of this summer's rally. I may take profits there, depending on the macro.
Polygon (MATIC) - August 21Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(MATICUSDT 1W Chart)
The key is whether the 0.6164-0.8191 section can support and rise.
(1D chart)
We need to see if we can quickly rise above 0.8191.
If it doesn't, there's a good chance it will drop below 0.7270.
Holding the price above 0.6164 is expected to lead to an attempt to move higher above 0.8191.
------------------------------------------------------------ -------------------------------------------
** 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 through split trading. It is a short-term investment perspective.)
---------------------------------
MATIC- From 30c to 80c (Reloaded) To 1,20$MATIC under 80cents?
Only for a little while and probably off to 1$ and eventually 1,20$ target.
We been Long since 30c we remain Long till 1,20 and every dip is opportunity. Given that you stayed alive.
One Love,
the FXPROFESSOR
MATIC: decision pointI'm currently shorting ZEC but I got this alert I've set on MATIC weeks ago. After that "revival pattern" broke out it went +57%, I probably didn't enter back then because I noticed it too late and being in "bearish mode" I don't trust longing.
I had set an alert on price crossing EMA 200 and that happened today but price is already below it. If this would breakout EMA 200 it'd be worth to long, assuming off course that volume would be able to sustain the growth. If instead, as I think, EMA will work as resistance we might have a good shorting opportunities.
Market should be already dumping, it's going up only because ETH merge is rising the hype. Currently it's BTC which is following ETH. I think ETH will retrace now after having touched 2K and so market will shift back on BTC leading or dump directly. From this point of view MATIC it's closer to a short opportunity rather than a long. Also notice the bearish DIVs currently forming.
I'll monitor it until I'm in this another short and until I'm not sure it's going down. No trading indication... for now!