On the H4 chart the trend started on Aug. 05 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.4564 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
Polygon MATIC declined sharply to $1.01, the key daily support. A bullish reversal from $1.01 is likely and will result in a bullish move to re-test $1.07 and the key daily resistance zone of $1.14-$1.20. A bearish break-out of $1.01 will push #MATIC price in the daily range zone and will increase probability of a deeper correction towards the next...
Do you think Altcoins will stall when Bitcoin starts running? If you think the alts will walk too, I can talk to you about MATIC. In my opinion, I think we are in the days when we have the last opportunity to buy MATIC, which will be the star of the next bull season. As you can see on the black lines, MATIC, which made the symmetrical triangle it made in the...
Targets from the initial move down line up with targets from the next move down and support levels.
Quite commendably, Polygon has advanced into our magenta-colored target zone between $0.78 and $1.02 and has touched at the lower edge of the pink trend channel to finish wave (iv) in blue. Now, we expect the altcoin to gain strong upwards momentum to haul itself up, leaving the magenta-colored zone on the northern side and developing wave (v) in blue, which...
Today let's take a look at Polygon project 🗺️roadmap🗺️ in daily time frame. First, let's take a look at the fundamental. Fundamental : Polygon is a layer-2 scaling solution for Ethereum which aims to address the scalability issues on the Ethereum network by providing faster and cheaper transactions. Polygon utilizes a network of sidechains to enable fast and...
hey everyone, Polygon is in nice constructive uptrend direction... it may or may not pull back to strong support trendline because its currently consolidating at the point where it is... Previous high was 1.55 approx... next high is 1.72... this year the polygon may break its previous high of $3 if crypto market remain bullish till end of this year... the lowest...
Matic seems to be remaking the pattern it did before 2021 on the weekly timeframe. The final fix will be the last buying opportunity for me. It is clear that the correction will come up to the 40-week moving average.
MATIC is so different from the whole market. However, it's also in a bearish state. but keep in mind that in case of any consolidation (of the bearish movement), MATIC will have a stronger move and will catch the green zone. then it (and the market) will continue the downtrend. its best timeframe to daytrade is 15min. only open short in market demand saturation.
Polygon's Layer 2 solution is becoming increasingly important for Solana developers seeking to connect with Ethereum's DeFi ecosystem. The fast and cost-effective integration options offered by Polygon are driving greater cross-chain interoperability and connectivity. #Polygon #Solana #Ethereum #DeFi"
Continued BEAR movement to the area of 1.25 is seeming certain now! Calling it!
Hello, everyone! Let's take a look at the BINANCE:MATICUSDT chart. After the huge downside impulse price is printing the clear upward sloping trend channel. We can also notice that it formed the deviation below this channel. It was the fake breakdown to stimulate traders open short trades. In such cases price usually tends to create the same deviation to the...
Finally, altcoins have started their upward movement, most of the ideas we have published on different coins over the past 2–3 weeks are in the process of working out the targets. But the MATICUSDT price did not grow much on the crypto market in the last few days. In fact, the MATIC price was one of the first to break out of the downward trend in the summer of...
There are possible scenarios for matic to move upward. targets are on the chart and keep in mind that any position you open, should have stoploss on 0.7. design your position with this SL and a good risk/reward. in the green zone, we might have very low momentum, but as daily MACD gets above 0, it will jump. all the idea will expire after getting lower than 0.7
Hidden bullish div on MFI. MFI is forming a falling wedge which will explode upside. Feel free to comment your opinion.
This week I predict another selloff in the stock and crypto market after the CPI report on January 12. My price targets for Polygon MATIC are: MATIC/USDT short Entry Range: $0.84 - 87 Take Profit 1: $0.74 Take Profit 2: $0.61 Take Profit 3: $0.56 Stop Loss: $0.98
The MaticUSDT price was one of the first to break out of the falling trend channel back in July this year. Now MaticUSD is trading above the liquidity zone of $0.67 - 0.77 You can try a medium-term trade: Entry $0.831 Stop $0.7624 (-8%) Take profit $1.1974 (+44%) Profit/loss ratio 5/1 You can also consider this trade as a long-term investment and hold it...