Bitcoin Daily TA : 02.03.22 : $BTCAs you can see, the price in 4-hour timeframe reacted negatively to the static range of $ 38,500 to $ 39,300 (Bearish OB) and it was rejected exactly as i expected and is now held by its dynamic support in the range of $ 36,600 and if the price closes below $ 36,200 , the next targets will be $ 35,500, $ 33,800, $ 33,000, $ 31,800 ... (Previous analyzes and targets are still valid)
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👤 Arman Shaban : @ArmanShabanTrading
📅 03.Feb.22
⚠️(DYOR)
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Polygon
Matic 02.02.2022 - ForecastThe big picture for Matic for the next several days till it starts taking again off
MATIC takes back $2 this week.The symmetrical triangle has a target of $2.19, right where MATIC has had significant resistance. Should a minor retracement from here form a handle, the C&H pattern will have a target exactly at the upper line of the ascending channel, bringing MATIC to an ATH. If there is significant resistance at $2.45, then an even larger C&H may form giving MATIC a target close to $3.60. These are just ideas and not financial advice.
Relative strength in MATIC is fading, great shorting opportunityThe overly bullish narrative in this coin is overpowering, and it was mirrored in relative strength against other alts and even ETH+BTC until very recently.
For the first time, we're seeing weakness. Short with stop loss above 200 DMA.
MATIC WEEKLY chart possible trade rangeLooking at the Weekly chart of MATIC, the gap up play on a pull back with strong support bounce in the yellow zone.
Looking for possible relief rally or bull traps to come until April/May where the focus will be on a historic chart from last year for size of move and volume relations.
Hopium seems to be as addicting as the FUD and FOMO with many that bought at or near the tops and new to crypto cycles.
GTLA
For the record, I own MATIC, and believe it is a strong project. I am currently DCA into this position, (again), I do not plan on selling for 5 to 10 yrs.
My son is also a HODLer.
For price targets, analysis, or perspective on ANY Crypto or stock asset, please comment or ask for the type of analysis and thorough questions...
Thanks,
Paul Shindig Shinn
Trading and Tattooing....
Disabled and Retired....
MATIC - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
MATIC is approaching a strong support in green so we will be looking for buy setups.
on DAILY: MATIC is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, MATIC would be overall bearish can still trade lower inside the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
MATIC USDT is in WAVE 2 of Elliot Wave TheoryA quick note for self and anyone interested, MATIC USDT is in WAVE 2 of a 5 WAVE trend.
$MATIC FORWARDpolygon structures are still quite positive looking forward
$1.30 could be the bottom for the forseeable future
I do not expect .66 to be visited unless a bear market unfolds for crypto
the risk/reward for matic looks positive
breaking the all time high could send prices to $10.00 or more.
for now the consolidation is ongoing
Simple chart for Polygon (MATIC) - keep an eye on $1.36 Simple chart for Polygon (MATIC) - keep an eye on $1.36
Huge volume support that better not be broken and confirmed to the downside.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Polygon MATIC - BEST CRYPTO imo - Rocketing LONG TERM $30+Polygon MATIC - BEST CRYPTO imo - Rocketing LONG TERM $30+
BIG WHALES Loading UP on #POLYGON#MATIC
Breaking and holding above $2 then rocketing more
still has some potential risk and downside to bounce of $1
long term, still great price to position long term
Definity see this short and long term breaking all time highs again and go higher over time with more money building up the market cap
deflationary burning implemented
one of top rated cryptos Developers love to use an build dApps on Matic
Sandbox, Decentraland, on Polygon, Ethereum
Power Duo Ethereum + Polygon
BULLISH
MATICUSD So boring week. Correction phase after impulse. I think the price will continue until the 1$ support line. Bear everywhere
MATIC long$MATIC is bouncing off the support level and the long-term bullish trendline. Bullish movement to the support level at 2,27$ is possible.
MATIC/USDT 155% Potential from here with Minimum Stop Loss#MATIC/USDT TA Update:-
$MATIC currently trading at $1.50
Big Dumped after broke down $2 Support as I mentioned in Bullish Matic Chart so SL hit already.
This Will be accumulation area.
This is 2nd Retest after Breakout.
-55% down from Recent ATH
I am expecting 155% upward move from here.
Keep in mind Risk Reward also.
Imo $1.15 is Good Stop Loss in Spot.
If Future trade then $1.30 is Good Stop Loss.
I Bought 10000 MATIC with $1.15 Stop Loss.
Support: $1.40/$1.20
Resistance:- $2.40/$3.70
Matic Polygon, it was am easy play day for market makers.This was fairly predictable. As the morning opened the news around the world, social media, and the main stream media were sure that there would be no rate increase and that the FED needs to be careful with crypto. The hope led to a predictable rise and an easy opportunity. The market sold off before he even spoke. Profits.
MATIC 1 $ or 3 $ ?hi
the Matic looks good but unfortunately, BTC doesn't !
if BTC goes to 30 k probably Matic will follow the red path
but if Matic holds the lower channel, it will follow the green path (not exactly but it will go back to 1.7).
everything depends on BTC and ETH.
not financial advice.
MATIC, POLYGON, DAY TRADING, SIGNAL$MATIC after breaking down from the channel only just managed to hold support and is bouncing to retest channel. #Matic #cryptotrading #maticprice #bitcoinprice
Accurate enough? MATIC/USDT targetsHey guys.
Since Polygon has reacted accurately to resistance line of channel and performed 5 Eliot waves and 3 consecutive correction waves, MATIC/USDT looks like to be ready for next jump to hyperspace!
Targets? IMO 4.014 and 5.7 could be reasonable.
What do you think about POLYGON/USDT? Let me know in comments and don't forget to like and subscribe.
Cheers.
MATIC BLASTING 💥 🚀Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 MATIC /USDT DAILY CHART
📌 PRICE ACTION - E-WAVE ANALYSIS - Fundamental Analysis
📍 MATIC is one of the hottest latest coin that has been always blasting since it has been launched
✍🏼 Straight to the point, I have already heard / read a NEWS (rumor) about the Polygon Netwrok or MATICUSDT being launched in Bitfinex crypto exchange, I personally see this investment worthy.
✍🏼 However, MATICUSDT looks good either in Technical and Fundamental.
✍🏼 MATIC is at the bottom of the parallel channel and it may get to its previous ATH it coming weeks.
Thanks for reading this TA
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MATIC|USD: Strong bearish activity!?MATIC has failed to hold above $2 and is now considered a bearish narrative. The price will likely bleed lower for the next few months as investors are traumatized, and will sell any pops fast. The 200D Moving Average is currently at $1.61, so any short-term bounce must hold above this level for bulls to regain control!!
(My time-frame looks out to July 2022: I'm LONG)