There is no end for positions on #MaticAfter several successful long and short positions on #Matic, now it’s a long position opportunity heading to 3.19$, bearing in mind being in a bullish channel, and having several harmonic patterns.
Polygon
MATIC - Break down failed. Watch my A-Z plan. MATIC - Break down failed. Watch my A-Z plan.
U can see BIG volume in footprint of BTC.
That's a main reaso why i don't like to open any short ideas.
Matic (Poligon) coin is so strong!!! Trend line is brokenMatic (Polygon) coin is so strong!!! Trend line is broken
Polygon (MATIC) - January 13Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(MATICUSD 1W Chart)
Resistance section: 3.056-3.259
Support section: 1.634-1.837
If the price is maintained above the 2.447 point, it is expected to move towards resistance.
-------------------------------------
(MATICBTC 1W chart)
Resistance section: near the 0.00008526 point
Support period: 0.00003823-0.00004293
The interval 0.00007115-0.00007585 is the interval that determines the trend.
Therefore, the range of 0.00007115-0.00007585 can act as support and resistance, so trade cautiously.
------------------------------------------
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.
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for 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.)
---------------------------------
$MATIC 235 DAYS OF CONSOLIDATION WITH BULLISH MACD235 days of consolidating this move
a long time to flush out the sellers
bullish divergences on the macd
price currently back testing the break out
Matic trading to the tee$matic #polygon right shoulder ended up a little wider but HnS PT played out nicely.
W breakout PT played out to perfection and we broke back above previous HnS neckline. Cooling off atm.
Next major resistance will be at 2.52.
——————————————————————————————
Top 10 trading tips:
1. DO NOT FOMO into a trade. Let it come to you. Don’t force it.
2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind.
3. Let your winners run and cut your losers short.
4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win!
5. Before you enter a trade, know your target AND your exit strategy.
6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven.
7. Set your trade parameters up front so you keep your self accountable and remove emotions from the equation. (stop loss, take profit levels, etc)
8. Don't fight the trend. The trend is your friend.
9. Don’t enter a trade based on one indicator.
10. Horizontals > Diagonals
Please note:
- This is not financial advice.
- I do not take every trade I post.
- Never trade off of someone else's chart until you DYOR!
MATIC long$MATIC broke through the descending trendline and the local resistance level. Continuation of bullish movement to resistance level at 2,9$ is expected to happen.
MATIC (POLYGON) WILL RISE BEFORE DECLINEMATIC (POLYGON) will rise around 38% to 50% for the B wave and after it will draw to the downside for the C wave to reach the target of the 2nd wave. We can see the leading diagonal (rising wedge) on minute wave 1st. When we saw the leading diagonal on 1st wave then the correction for the 2nd wave is generally 61% and the 61% area exactly match with the previous 4th which is also known as a 2nd finishing point so most probably we will finish the correction around $1.5 and I had drawn the target zone as well on the chart. For now, every bounce back is the selling opportunity for traders, and for the investor to wait for 2nd wave correction to finish then you can go long from there.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#MATIC #POLYGON
$MATIC PARABOLIC ANGLEbare minimum rally extension for polygon = 1.618
possible increase in the angle of parabolic advance is showing
all subject to interpretation and market conditions
Matic Forming Bullish Falling wedge pattern on Higher Time FramePolygon $Matich showed very good strength through out market trend ! matic is one of the best bridge for eth !
Now making bullish falling wedge on 1D and HTF ! on breakout push of 30% to 40% profit expected
Ps:- This is not a financial advice its my observation on charts !
MATIC USDT buy at - 1 dollar priceHI I am just 12 years old. I learned of crypto and trading for 4 months. And can you see my mistake. And thank you so much. Pls follow me and like :) buy price - 1dollar
Matic important area A very important area for Matic , which, according to market conditions, will create a good deal of trade in the short positions.
MATIC/USDT ChartHi, I try to post often so if you could like and follow (I will start weekly streams !!) it would mean a lot to me.
MATIC reached the 1.97$ support and bounced so in the short term I am feeling bullish. BTC also made a slow movement to 42K so I am confident that we will go to at least 2.15$ area. In the mid term the most important thing is BTC price movement because after altcoins reach their resistance again BTC will decide the market bias. Comment your thoughts about the idea.
I will start streaming, so show up. I will talk about every crypto and you can ask me in chat any questions. Schedule will be out soon.
it's a clear buying opportunitycrab harmonic pattern:
X=$27.2
AB=0.61 XA
BC=0.38 AB
0.78 XA=$9.5
*1.6 BC=$12.1
0.88 XA=$15.5
2 BC=$23.37
2.24 BC=$35.36
1.13 XA=$51.53
*2.6 BC=$67.9
1.27 XA=$103
1.41 XA=$204
*3.6 BC=$381
*1.6 XA=$567
4.23 BC=$1107
the 1st wave till $19 or $21Fibo levels:
X=$78
AB=0.61 XA
BC=0.38 AB
1.6 BC=$19.45
0.78 XA=$21.77
2 BC=$33
0.88 XA=$39
2.24 BC=$47
2.6 BC=$81
1.13 XA=$171
3.6 BC=$339
1.27 XA=$400
4.23 BC=$822
1.41 XA=$917
1.6 XA=$3190
1 inch, a lil moar? AT A GLANCE: Going through some tickers setting alarms and tracking. Not great Ideal patterns but may be some clarity here at the end so will be watching for this to play, if not...adjust.
Polygon MATIC falling into a nice entry zonePolygon is in an accumulation phase since the downfall in may 2021.
Last time we stated that this coin is a nice buy in the 2$ region.
That's where we are now and it still looks like a nice pickup zone.
The RSI dropped a little bit below the triangle and we expect it to bounce back into it within the next weeks.
The bullmarket supportband is around 1.8$ and usually acts as support within a bullmarket.
Currently around 7 billion MATIC tokens out of 10 billion possible are in circulation.
This is ok from an inflation standpoint.
Feel free to comment or ask anything you like.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers Ctumbler
Polygon Matic Bullish or Bearish ?Matic has 3 times repeat pullback pattern on fibonaci on 0.6. If after touch 0.6 fibonaci and pull back breaking the 0.5 high fibonaci, it will bull run again till next ATH.
but if matic still goes down after 0.6 fibonaci i thinks bearish time coming to matic.
Just wait and see and hope it will to the moon.
MATIC/USDT TARGET HIT 1.8. WHAT's NEXT? 2.6-3.0 CUP & HANDLE.Polygon / MATIC is on a sustained bull run.
we need to retest support to validate the upside target of 2.6-3.0.
trade safe and lets go.
Matic Good entry point with tight SLWe all know how hot the Polygon name has been in the market.
It has been bouncing predictably in this upward wedge for sometime now and holding up against the bear trend the past few months.
Once we get our next market bounce Matic might really start to rally.
Good entry point right now with a SL $1.95
Target $2.95 (Top of channel)
MATIC - HH/HL trend continuation or market structure breakMATIC drowned in the redness of the market.
Despite recent bullish price action MATIC is down 30% from ATH.
New ATH is reached but volume was low. Fakeout is more probable in low volume situations.
Now I'm looking at 1.85$ as last support before market structure breaks and MATIC creates lower low (LL).
If BTC doesn't stabilize LL situation is very probable.
For now I'm watching this level with some alerts and waiting for reversal to jump in.
I bought some dips, but MATIC not yet. Waiting for some conformation, I'm not fan of catching falling knife.
My previous analysis where I warned about fakeout possibilities:
"Breakout without volume confirmation can result in false breakout. Hope it is not the case here."... take a look here:
MATIC new trading opportunityHi guys,
MATIC's Uptrend is not over yet. This is a good setup and every support or resistance zone is shown on the chart. there you should act with dynamic Stoploss setups.
target is to sell a portion, in this situation, everything is possible. (even targets higher than expected).
This is another trading signal, but make sure you have strong reasons to buy before just acting blindly based on this post.
Don't forget to Follow and comment...
Polygon: Quo Vadis, Polygon?Polygon has to make a decision: Where will it go after skidding down to the $2 mark? There are two equally attractive possibilities, well almost: There is a 45% change that it could head back home and fall under its support line at $1.44. At this point, it should hole up even more deeply below $1 and take a holiday at the yellow beach strip between $0.328 and $0.620. However, we rather expect it to take heart and go for another option. Our favored scenario features Polygon in action, rising up until the resistance line at $2.899 and aiming for even higher goals from there.
So, our answer to the question “Quo vadis, Polygon?” is “Sursum!”
