MATIC/BTCOk, Polygon have 13 red daily candles in a row! It´s a lot :D..
I reckon that if Bitcoin keeps falling, Matic will probably follow him, but I won't miss this purchase (who knows).
In addition, MATIC can be well evaluated by staking, and also it is one of best alt, so HODL.
My position 2233..
MATICBTC trade ideas
MATIC - Poised for big against against BTC if history repeatsMATICBTC broke out to the upside of its 18 month channel and is confirming support above it. If we get a strong move to the upside, we may have a repeat of 2021. I'm long here.
✳️ MATIC Network vs Bitcoin | A Very Difficult PositionHere is a great example of a chart that we do not trade... I will explain the reason why.
MATICBTC has shown great resilience, amazing strength because it remains trading near its All-Time High while the entire cryptocurrency market was going through a terrible bear market.
Now, we have many technicals that support the bulls such as a strong RSI and prices trading above EMA50, so why avoid a chart like this one?
The markets are unpredictable...
Anything can happen at all times and this chart is a great example.
Now, the only way to trade spot on is on the long side...
The lower the price, the higher the potential for growth.
The higher the price, the higher the potential for a drop.
While this pair can continue to grow for years to come...
We have a double top long-term, one in May 2021 another one in November 2022.
This is not good.
We look for pairs that are bottomed out or trading near a strong support.
Once support is tested and holds there is high probabilities for prices to move up.
In case a breakout fails, we have a tight stop-loss. 5%-15%.
While on a chart like this one there is lots of room for prices to drop.
Here are some examples of charts where you see support being challenged an a potential for the trend to reverse:
✳️ Chiliz vs Bitcoin | Very Interesting (66 to 114% Potential)
✴️ Fantom Looking Like July 2021... 2,180% Wave To Go UP!
✳️ Kava Rebound Points To Easy 40%, Up To 100% Possible
✳️ Ethereum Classic vs Bitcoin Fully Mapped (70% to 198%)
✳️ Zcash About To Print Strong 100%+ Growth!
Notice that they are bottomed out while MATIC is trading near its All-Time High.
Thank you for sharing.
Namaste.
Polygon Massive BullflagWe can see a massive bullflag on the matic/btc chart.
There has already been a break-out and the retest of the upper resistance line confirms the pattern.
Expecting upside moves in the next year to come.
MATIC/BTC Bearish Analysis ( Adam & Eve Pattern ) Expecting -70%#MATIC/BTC Technical Analysis:-
#Matic Chart currently trading around 5142 Satoshi
And Also Trading at Strong and All time High Resistance level.
As Per chart Adam & Eve chart Pattern Forming on TOP so IMO it’s bearish Because Adam & Eve Chart max Form at Bottom for Bullish confirmations.
So IMO this will be Trap so Be aware at this Level if you are Planning to Buy/Long in BTC Pair.
If I am talking about Long Term MATIC/BTC price analysis then I am bearish and Expecting -70% more down from this Level.
We can see max 10-20% Upward spike before Big Down Move.
Exit Points:- 5200-6200 Satoshi
Targets:- 3600/2500/1800 Satoshi
This Is Spot chart Analysis so don’t try to Enter in Leverage trade.
Support:- 3600/2500/1800 Satoshi
Resistance:- 6000 Satoshi
MATICBTCMATIC has made all time high in BTC pair during bear market in Q3 2022. A drawdown from here is possible.
Long SignalLow volume test the bottom
High volume uptrend, with a low volume retest showing weak falling momentum.
It's a big signal for a uptrend.
MATICBTC Can Matic trigger a new Alt Season??The Matic Network (MATICUSD) has been on an impressive run as of late. On this chart we see the relative strength of Polygon against Bitcoin (BTCUSD) on the MATICBTC pair. As you see the price is about to test the December 2021 High, which along with the May 2021 High form the long-term Resistance Zone.
It is obvious that this draws comparisons to the pair's previous Cycle. A first test of the Resistance level at the time, failed but a second one only a week later, established the Resistance as a Support and started a parabolic rally. The Gaussian Channel seems to indicate that we are about to see this break-out.
Do you think this can be enough to trigger and if already, confirm, the start of a new Alt Season?
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MATIC (BUY)Meta is empowering creators to mint & sell polygon powered digital collectibles on & off instagram
Matic LONG MATIC moves perfectly in a parallel channel and is now at the lower border, buy at 169, stop when leaving 1h candle 160
MATICBTC 1DMATIC BTC follows its LTA (bullish trend line), and following the crash of 24 hours ago, went to the lower edge of the LTA, making a pull back, will hit the target of $0.00004140 in the next 8 hours or so that get rid of the imposed congestion of the Ichimoku cloud. Details to be observed for the confirmation of the LTA: There has already been a crossing of the MM200 with the 50. Another factor is that MATIC is already on time, passing over the MM200
MATIC/BTC buy signalMatic is looking amazing right now. Both MATIC/USDT and MATIC/BTC are extremely bullish at this moment. We belive this is the next coin to fly in the upcoming crypto rally.
MATIC, Sandbox, SOL - What if..What if you could have bought MATIC in red box before a 9000% run?
Or indeed Sandbox before a 12000% run?
Or Even Solana before a 8000% move.
Would that be worth something to you?
Should this post receive 100+ likes before mid-week next I’ll share the big movers of 2022 below matching the conditions of those above. Tick tock..
Ww ;)
MATIC / BTC Technical Analysis & Trade IdeaMy take on MATIC paired with BTC. In the video we take a look at key levels of support and resistance and where we might find an opportunity to get involved. Everything explain in the video and as always, not financial advice..
MATIC/BTC Potential Jumper We have some strong patterns that played out for MATIC in the last couple of weeks. It's a flagpole pattern that worked it's way out of a cup and handle pattern . If it stays bullish we could be looking at 139% jump to 0.0000911 this week. GOOD TRADING.
MATIC/BTC 139% Jumper (0.0000911)We have a flagpole playing out. If it hits it's target of at least of 139% we could be looking at .0000911 plus this week. GOOD TRADING.
#MATIC, Intrigued by the volume displayed over the last 3/4 days#MATIC
Intrigued by the volume displayed over the last 3/4 days 😏
Polygon Vs Bitcoin | The Same Pattern & More (Fast 20%)We can find multiple bullish patterns on this chart, MATICBTC (Polygon).
See the Cup & Handle:
The "Same Pattern":
This is the pattern we see in all the altcoins.
First a low 12-May followed by a lower low 13-June (notice the high volume signals that the bottom is in), followed by a bullish breakout.
This bullish breakout will push prices above MA200, a 20% price jump, just to start.
There is more but we will look at it through other charts.
We continue bullish all across.
Namaste.
MATIC BTC SetupCaveat Emptor /
#know your waiting period
#know your limit
#know your reasoning for entry - not comfortable with candle signal/no entry
Improve your think flow = improve on profitability.
All the best.
Not a guru.
From my land of sunshine, Malaysia.
Hi to my fellow friendly neighbor : Indonesia
MATIC/BTC DominanceOn the fundamental part is Polygon always delivering but the next few weeks could be special.
They will introduce new zkrollups and they will be integraded in smartphones from HTC and Phone1 from "nothing".
Besides that is the polygon network running a beta version for nft on facebook and instagram wright now.
Dominance will moon cause I think Bitcoin will go sidewise for a wile.
Matic will repeat what it did twice already.
Greetz dikka.eth
No financial advice.
