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Polygonusdt

MATIC is in danger, it will DUMP hard!Hello, everyone! Let’s continue to analyze the most dangerous altcoins which showed the greed during the bounce on the Bitcoin. Today it’s MATIC time. It now has the most dump potential. I suppose that the market maker created the fake growth on this altcoin to show other traders the illusion of the asset’s power. Of course it’s fake and MATIC is going to break or at least test it’s bottom at $0.33 and I will show you why. Let’s go! Let’s take a look at the 1D time frame of the MATICUSDT of the WhiteBit exchange. The bottom at $0.33 was the end of the wave 3 as on the entire crypto market. The corrective wave 4 retraced this wave with the zigzag correction. Zigzag correction usually consists of wave A (5 waves), wave B (3 waves) and wave C(5 waves). You can see on the chart how perfectly the market structure for MATIC corresponds to this theory. One question you can have is why the wave 5 did not break the wave 3 top in the wave C. I can explain it because wave 5 could be trimmed. It’s OK for the altcoins. Now the price is drawing the wave 5 and I suppose the the sub wave 3 of this wave is in progress. The minimal target for the wave 3 is the $0.61 – 1 Fibonacci extension level, but I think MATIC will hit $0.3 again because the 1.61 Fibonacci placed right here. Best regards, Ivan _______________________________________________________________________ Guys, if you like my analytics, please support me with your boosts and comments!
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by Skyrexio
20
Polygon MATIC price Medium and Long term tradeThe 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 until the take profit of $1.90 (+127%) You can also keep a larger stop on the position, around $0.67 There are many options, it depends on what parameters your risk and money management allows . But it is probably not worth getting the Polygon token - Matic when the price will be below $0.67 . After all, there is an "emptiness" below the liquidity zone and the possibility of the MaticUSDT price collapsing to around $0.4 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
27
#MATIC/USDT Trade Setup 54% Potential Pump. RR 1:9Welcome to this quick trade setup, everyone! Recent trades posted:- 1. BTC /USDT (Running in Profit) 2. ETH/USDT (Running in Profit) 3. CHZ/USDT (In Accumulation) 4. CHR/USDT (Running in Profit) 5. MATIC/USDT (In Accumulation) Entry:- $0.8075 TO $0.8611 (6.22% is the accumulation range from CMP so plan your entry accordingly) Stop Loss:- $0.7576 Recommended Leverage:- 3x- 5x Target:- Open (Possibly 35% to 54%) RR 1:9 (Highly Lucrative) This is not financial advice. Always DYOR. These are my trades. Do not cry in the comments if you can't afford the Stop Loss or go for 125x gambling. I am ready to take the SL if it gets hit. Trade only if you can afford the SL. Do the maths before you enter the trades and manage your risks properly. Fund preservation is our foremost priority. If you like me to post more please share this idea with your friends and communities and hit the like button. I have been with you in the bullish days and the bearish days. We are going to have an amazing bull run for sure. Cheers! Thank you #PEACE
MLong
by Cryptorphic
11
MATICUSDT Price growth will continue, but under what scenario?Our previous idea MATICUSDT didn't get too many views and likes, but it's a pity... Just look at how she works beautifully: Since the publication of our previous idea, at the maximum point, the increase in the MATICUSD price was +90%. The growth was stopped at the border of the trend line, which sellers have been controlling since the end of December 2021, and above it the price does not get yet. During the growth, the MATICUSDT price quite easily passed upwards the liquidity zone of $0.67-0.81 and is now trying to establish itself above it. The main question for the coming days: Will the buyers be able to pushing the MATIC price and still break through the purple trend line. Most likely, the point of struggle between buyers and sellers will be around $0.90 According to the results of the battle, it will be clear which of the scenarios will be activated: blue or red? Safe entry long either after fixing the Polygon Matic price above the purple trend line or after a deep correction in the area of ​​ $0.65 If you are having a profitable long position MATICUSDT is great, but be careful when the price goes up to $0.90. And even better, moving up your stop during the growth, so as not to give your profit to the market. The next goal for growth MATIC price remains valid from the previous idea - $1.10-1.20 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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by P_S_trade
53
Symmetrical triangle on Matic/Polygon On Matic has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish. Entry price: In the apex at 0.65. Stop loss: At 0.67, which is inside the triangle so when the triangle breaks to the downside but after the break to the downside starts trending upwards and is stopped by the stop loss. Target price: Is extrapolated from the triangle height/the upper trend line and this target price set at 0.349. This is also 45% gain if the prediction is successful.
MShort
by vf_investment