MATICPERP trade ideas
MATIC... MULTI TIME FRAME analysishello guys...
as you can see in chart... maticusdt have formed between two QML from daily and weekly time frame and i suppose to touch daily QML and then upward to reach weekly QML...
BUT if kink that i shown as gray area break down or be engulfed, this cryptocurrency drop a lot until next green area, I hope this not happened!
always do your own research.
If you have any questions, you can write it in comments below, and I will answer them.
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Potential upwards momentum Notice the Kijun-sen has pointed upwards while the Chikou-span has closed above its price 26 periods ago, if you drill down to the daily chart the price is above the cloud but the Kijun-sen points downwards, it's better to keep it in your watchlist to see how it unfolds in the coming days
MATIC GIGA SHORT Hi guys, look what I have found.
I like this chart that's model is my model.
For the model to work i have to wait.
It's a monthly chart so we need to wait for few more month probably.
I'm sharing a biggest opportunity if you're a trade.
A BIG SHORT PROBABLY.
MATIC Potential WThis has a low chance of playing out, but if the market does go for one last shakeout, this would be something I'd look for.
MATIC - lower high After a bearish divergence and a lower high, even the strongest cryptos are under fire at these levels. Looking to see if a resistance zone can even be hit, but may put in the lower high as soon as today. Target is 30 cents.
MATICUSD Profit to be made in range as well as break-outs.Polygon (MATICUSD) has been trading within a Channel Up since the June 18 bottom and on November 05 formed its latest Higher High. Since then, it has been highly volatile following the explosive mix of the FTX (bearish) and CPI (bullish) news. This should keep the price volatile and sideways mostly within the bottom (Higher Lows trend-line) of the Channel and the (dashed) Lower Highs trend-line, a sequence that took place from the previous August 14 High until October 17.
A break above the dashed Lower Highs would be bullish towards the 0.382 Fibonacci retracement level while further break, bullish towards the top (Higher Highs) of the Channel Up. Similarly, a break below the Channel Down would be bearish, targeting the previous dashed line.
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MA200 RetestKeep an eye out for the price interaction when MATIC retests the MA200. It could very well bounce off of it, or break through. Will revisit when there.
MATIC, wait for it...I am looking to SHORT MATIC above $1.18 (upper test) after one more high is created.
Distribution for MATIC here.
Good Luck
MATIC: One of the Strongest Alts in the Crypto MarketMATIC has held up quite well this year considering all that has happened in the markets. It's looking far more bullish than Bitcoin is, and it just broke out toward the upside of this channel. Polygon has established strong partnerships this year and I think it will do VERY well once the markets start looking more bullish.
$1.27 would be a nice TP zone if taps the 1.618 fib.
MATIC MATIC
We have seen crypto make a move to the upside recently but as it stands i think we can still see further downside.
Here we have MATIC which looks like it is in a ABC correction of wave 4 meaning we still have wave 5 to complete. It's reacting from a weekly supply zone with a refined daily supply inside.
For now i am only looking to sell
If we do move down again i will be looking for buys at the Weekly demand zone shown in the chart where there is Liquidity resting just above.
We can play shorts down to the weekly demand zone once the LTF starts creating bearish structure.
Remember stay neutral, don't get stuck to one bias, TRADE WHAT YOU SEE :)
Have a good weekend all :)
Matic TA More bullish then bearMatic and Ada moving both at the same time. More buying around .70 we may see this keep going up. If Matic goes back down to the .74 most likely going to keep going down. This is not financial advice and not a financial adviser. Please do your own research and analysis. This is a 4-hour chart so most like a short analysis for this crypto coin. Post below and tell me what your thoughts are thank you for supporting!
Polygon: Remove before FlightReady for Takeoff? Polygon couldn't wait any longer and skyrocketed, before we could fasten our seatbelts. What goes up must come down, which is why Polygon has to take a dip after aiming for the stars and drastically increasing in over 23%. The sky is the limit, so we're expecting more movements upwards in the yellow target zone betweenn $1.18 - $1.33 to complete the yellow wave (3). Polygon is moving from the top down the yellow zone between $1.13 - $1.02 to turnaround to fly above the clouds and complete the yellow wave (5). Finally, it is important that the support at $0.968 should not be crossed in order to keep the upward movement going.
MATIC LONG IDEA Buy in around : 1.06
TP 1 : 1.17
TP 2 : 1.246
TP 3 : 1.345
This is no financial advice just my opinion.
Matic nearing a potential golden cross. 2 current bull targetsIf the golden cross occurs and sustains itself, we should see both of these bullish targets hit in the near future. We are currently above the yellow neckline and would reach the yellow target first. On the way there it would take us above the white channel, and flipping that channel to solidified support would validate its breakout and take us to the white price target. Best to keep an eye on the top trendline of the white channel as it is imperative that we flip its current resistance to solidified support in order to reach either target. *not financial advice*
#MATIC Long ideaHello dear Traders,
Here is my idea for #MATIC
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
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