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MATICBTC trade ideas

MATIC Network Breaks Descending Triangle... 150% Profits TargetMATIC Network (MATICBTC) broke above a descending triangle just recently and is showing great strength and volume on the way up. It easily broke above EMA10 and EMA50 with very high volume and continues aiming higher. We are looking at a super bullish RSI. Additional bullish action expected in the weeks to come... All the details on the chart. Feel free to hit like if enjoy this content. This is Alan Masters. Namaste.
MLong
by AlanSantana
26
MATIC: Changing Out Tune on Altcoins?Up until recently, we have advocated not chasing altcoins on rallies. The recent move in Matic Network (MATIC) is making us consider changing our tune. Right now, Matic Network is at resistance near 212. We don't recommend paying up to join this rally at this time. However, with Bitcoin (BTC) stalling near 8500, we see a shift where certain quality altcoins may start to rally a lot. We are currently looking at Cosmos (ATOM) and Ravencoin (RVN), as well. ZRX is also on our radar. Bottom Line: In Matic Network (MATIC), go to wait and see mode. FOMO doesn't always work after a massive rally in a highly speculative coin. The more significant point here is that we are warming up to the idea that altcoins are no longer toxic assets.
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by tokenmetrics
MATIC breakout ?Price Action (PA): Matic closed above 150 sats. Above EMA 21,50,100,200 periods, Strong uptrend. Bounce from strong supprot at 123 sats. Potential start of correction to 0.618 fibs level(155 sats), because BTC strong move up. Pattern: breakout of Descending triangle up. Indicators: MACD bullish crossover above zero line. RSI above 50 points. Overbought area. Volume confirm bullish price action. S/R: strong support at 131 sats, resistance at 175 and 200 sats. Disclaimer: THIS IS NOT FINANCIAL ADVICE. All the information shared here is for learning and entertainment purposes only.
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by blockchaintrends
MATICBTC positive trend channel. long?MATICBTC sitting around 159sats in a good looking trend after it broke out of the previously mentioned triangle (private group + twitter: "saschavonwolf"). I can see it building support right around that 150sat range up to 157sats even which would be quite bullish and need further analysis with a follow up. Good support should be waiting right around that 135sat range and I'd argue we absolutely do not want to break ~126sats to keep this going. If we see support building around 150sats that would also be a great time to load up in my opinion. Anything over 175 and it would absolutey kill it while 200sats might be a big barrier from there on out.
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by xSanya
MATIC/BTC at important Decision Line: Just Pinged and reactingWe have been watching this fib series for a while now. Along with other Alts, this coin is catching some bids. Now at important resistance with history of rejection. 172 sats may well be the top for now? 190 sats next, with sub-200 sellers there. 219 could catch a wick, >200 stop hunt. If 172 breaks and holds, I will try to plot a road map from there. . See some of my other plots and trade calls below. I also plot Forex and Stocks, take a look at my profile page . Currently in Play: BTC Bull Scenario | BTC Bear Scenario BCH zone Plot BAT to 20 cents ETH breakout Attempt Recent Achievements: MATIC rocket (massive Profits, breakout entry) MATIC top Warning (caught the EXACT top) LTC to $150 call (near perfect plot) BTC $14k call (Near Perfect target, easy trade) ETH breakout (instant Profits, no drawdown) BTC bottom 3.1k (caught the EXACT bottom) ADA breakout (PERFECT targets, massive profits) ZRX breakout (massive Profits, short wait) XLM breakout (massive Profits, instant Win) RVN top call (Perfect Target, good profits) LINK re-entry (caught a spike) NEO Rocket Launch (great entry, massive profits) FET top warning (EXACTLY on time) DASH top warning (EXACTLY on time) Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line. .
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by EuroMotif