🆓Polygon (MATIC) Feb-23 #MATIC $MATIC
After re-testing the $1.4 zone, buying power appeared, so in the near future MATIC can recover to the $1.7 zone or even increase strongly to the $2.4 zone.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 1.4$ zone
🔴Buy : 1.5 - 1.4
🔴Sell : 1.7 - 2 - 2.4
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 1.4$ zone
🔵Sell : 1.4
🔵Buy : 1.25 - 1.1
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Polygon
POLYGON MATIC : DON'T BUY UNLESS IT TOUCHS THIS AREA hello guys for this little analysis i made i used the fib retracement this is for long term holding not for scalping i used the one day frame as you can see the price is at the golden area 0.6 . it mean the price already lost 60% from the last ath ; it a very good entry point but the market is still messy no one knows where we're heading . i also used the rsi and the macd and they both show that the price will potentially stil go down to the support that i marked with the callout note . so please be cautious and in my opinion i think matic wil be the next 2022 coin that pumps . i have marked two entry points use only 50 percent of your capital and good luck if you want to add something or ask or comment or criticise please be my guest im all ears .
trade on your own risks
MATIC LongHey traders, we are monitoring MATIC for a buying opportunity around 1.34 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
MATIC/USDT target $5 if hold This support#MATIC/USDT TA update:-
$Matic still holding $1.50 support level.
Guys Honestly if hold this support then we can see $3 next Target and $5 also in coming days.
Very important level is $1.20
Support:- $1.50/$1.20
Resistance:- $3/$5
MATIC Long Term ViewAnalysis done on daily candles. MATIC, or Polygon, has become a popular name in the crypto markets due to its heavy involvement in the NFT world. Web3 and the NFT market have provided new opportunities in the crypto market, MATIC is specific has attracted investments from names like Softbank and Sequoia capital. Polygon's use in the Ethereum network reduces the price of transactions and offers an incentive to those participants that interact with the network, making it an attractive asset in a crypto portfolio. Ethereum itself is growing to be more attractive than Bitcoin due to its visible use in the NFT market, and as Ethereum grows, Polygon will likely to follow-suit. Looking at the chart in particular, Polygon saw a tremendous amount of buyers this month after Sequoia capitals $450 million stake was announced, but it wasn't enough to move it back above the 2.20 resistance. The market's overall uncertainty is making it hard for breakouts to hold, but regardless Polygon is in a healthy range overall. The blue highlighted range is an okay consolidation area as markets gain buying momentum again.
Polygon (MATIC) Buy ZonePolygon (MATIC) Buy Zone
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BIAS
Mid-Term : Bullish
Long-Term : Bullish
Risk : Medium
Polygon rejected $1.6 zone on its short-term rates, currently reaching between entry zone and last targets. Strong support currenlty at $1.4 zone which must be held on the 4 hours timeframe to confirm such a move above our trendline.
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$MATIC/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 1.48 - 1.4
TP 1 : 1.525
TP 2 : 1.56
TP 3 : 1.61
TP 4 : 1.67
TP 5 : 1.73
TP 6 : 1.79
TP 7 : 1.87
TP 8 : 1.98
Stop Loss : 1.28
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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MaticUsdtHello This Is My Technical Analysis For Polygon(Matic) Crypto Follow & Like And If You Have Question Comment I Answer Good Days And Good Trades.
BITCOIN Daily TA : 02.15.22 $BTCAccording to the previous analysis, we see that the price is now following scenario number 1 and has reached the very important resistance level (X-Point) in the range of $ 44,400, if it succeeds in breaking this resistance, the next bullish target is $ 45,500. In order to break this important resistance, the daily candle close above 46K will be the first condition to continue the uptrend.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 15.Feb.22
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Matic (Polygon) Swing Trading Analysis 4H timeframeUpdate: As expected, the price managed to bounce off the 61.60 FIB zone with momentum along with a relatively good volume.
My confluence for this position are as follows :
1. Respected HL
2. 3 valid trendline touches
3. Fibonacci 61.80 rejection
4. Previous resistance-turned support rejection.
5. Multiple Bullish candle close at the projected bounce-off points.
6. Oversold as indicated in the RSI.
I will post further updates as the trade progresses.
MATIC/USDT - Potential 69% SetupHello Traders!
MATIC continues to move in an uptrend. Buyers' base of support is in the range of $1.44 - $1.60
MATIC has strong fundamentals and looks stronger than most altcoins on the market. Polygon is one of the advanced ecosystems competing with market leaders like AVAX, FTM, and SOL.
Entry in purchases can be sought closer to the $1.44 support level
It is safer to place a stop loss under the low of October 2021 - the price level of $1.15
Take profits in the range of $2.21 - $2.45.
It is worth noting that in 2022, the crypto market can expect a broad sideways trend in both Bitcoin and other altcoins. It is worth focusing on preserving your trading deposit and not expecting a quick All-Time High update.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
Matic (Polygon) Swing Trading Analysis 4H timeframeUpdate: Bias remains bullish. Price found support at the Fib 61.80, which I did not account for in my previous analysis. Adjusted the trendline along with the fib as confluence.
RSI is still headed to the "oversold" area as expected as price approaches valid "bounce-off" points. Will personally add position once we get a good bullish candle close.
USD/Matic - ShortWe can see Matic has broken the upward trend line and we can see it target $1.20. Wait for it.
Polygon MATIC: 1D Chart Review Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polygon (MATIC).
The chart is self-explanatory. A Head and Shoulders Pattern recently occurred with the measured move below multiple levels of support. The price is facing resistance and at the edge of the local support. Volume has been declining. RSI is at the support line as well.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have more charts below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
MATIC 15 min detail FEB 13 & 14 - FED Reaction WatchLooking at the reaction areas of the FED anticipation VS announcement. This, on my chart and with how i translate my chart, looks like suppression, which means there is an energy building that could pop with the right statement and ripple effect of that story. Crypto is starting seperate in its sentiement form dollar and service token is starting to seperate from crypto. But Function is still in development. Money is still dollar and psychology will take the people back to the dollar until utility and security are accepted. The good news is that with this growing inflation the dollar will loose value and surviving value will shift to a different form. Chances pushed may lead to leaps forward.
MATIC could reach $3 in may/June 2022The corridor for Polygon MATIC is pretty clear, after a general market consolidation we can see still MATIC play around this price, but then within a month or two starting to move to the next target/resistance at 3$ price.
Let's see. As always these are just idea based on basic analysis, stay safe.
MATIC/Polygon We Will See More Sellers!Hi Traders,
Key Support level and the trend line are broken!!
pressure will be definitely soon happens ...
Good luck!
Happy/Love Pips ❤️💰🎯
MATIC Polygon - 15 MIN CHART PATTERNS EXPLORATIONTaking a closer look at MATIC on the 15 min scale and measuring that against the next post which will be at the 4 hour scale.
Polygon (MATIC) - February 11Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(MATICUSD 1W Chart)
Above the 0.681 point: the uptrend expected to continue
Above 1.073-1.169 section: It is expected to make a new wave.
We need to see if we can continue moving along the uptrend line.
If the upward trend continues, it is expected to receive primary psychological resistance in the 2.375-2.552 section.
If it falls from the 1.542 point, a short-term Stop Loss is required.
If it falls from the 1.073 point, you need a Stop Loss to preserve your profit.
However, it may temporarily drop to around the 1.073 point, so countermeasures are needed.
(1D chart)
First resistance section: around the 2.447 point
Second resistance section: 3.056-3.259
Support section: 1.634-1.837
The interval 1.634-1.837 is the interval that determines the trend.
As such, we expect the trend to continue in the direction that deviates from the 1.542-2.023 range.
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(MATICBTC 1W chart)
Above 0.0000 2390 point: Expected to create a new wave.
What is important in the current flow is that the price stays above the uptrend line.
So, if you fall from the 0.0000 4415 point, you should check to see if it is moving similar to the path drawn on the chart.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(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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CTSI Pump Incoming?I have been following the price of Cartesi for some time now. Mainly because I love the project but I also love to trade it and hold it!
As you can see on the chart, 90 days between each major pump is no coincidence...
:)
Polygon MATIC - Open Chanel to April 2022 - 1 hr time chart I am enjoying thee play function on these charts from the time i post. here is a little more work on MATIC. I see this pattern that resembles a structured safety. Of course safety can fail but with this in place i feel confident of positive returns on Polygon MATIC investments.
Polygon longPolygon broke trough the resistance level. Asset broke trough the descending trendline. Bullish movement to resistance level at 2.45 is possible.
$MASK/USDT 4h (#BinanceFutures) Rising wedge breakdown & retestMask Network got rejected on 100EMA resistance and seems likely to continue with the downtrend until it regains it.
mask.io
If you are not used to operate bearish set-up, you can use the targets to buy in Spot instead
Current Price= 5.996
Sell Entry= 6.069 - 6.488
Take Profit= 5.054 | 4.316 | 3.677
Stop Loss= 7.261
Risk/Reward= 1:1.25 | 1:2 | 1:2.65
Expected Profit= +19.50% | +31.25% | +41.43%
Possible Loss= -15.66%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 2 weeks
Contracts:
#ERC20 0x69af81e73a73b40adf4f3d4223cd9b1ece623074
#BEP20 0x2ed9a5c8c13b93955103b9a7c167b67ef4d568a3
#Polygon 0x2b9e7ccdf0f4e5b24757c1e1a80e311e34cb10c7
