Liverpool x MATICshocker here, as soon as Liverpool sign a partnership with MATIC, the crypto suffers and 80% drop in asset value. that's what happens when you partner with a broken company owned by LeBron.Shortby gl0bu3
MATIC updateI can see 20 cent zone being the place of interest for the bottom of MATIC.. we have a shark pattern here potentially in play. Shortby LevRidge1114
MATIC/USDT 1DAY UPDATE BY @CRYPTOSANDERSHello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Polygon (MATIC) was another notable token to fall today, with prices also moving lower for a third straight day. Following a high of $0.891 on Thursday, MATIC/USD dropped to a bottom of $0.8483 earlier in the day. As a result of this drop, the polygon moved to its lowest point since November 30, when prices hit a bottom of $0.837 MATIC has since rebounded from earlier lows and is currently trading at $0.8569, which is still nearly 4% lower than Thursdayβs floor. This slight rebound comes as the RSI rejected a breakout of a point of support at the 43.00 level, and the index is currently at the 44.26 mark. Historically, bulls have used this floor as a point of reentry, and should this reoccur, then we could see MATIC move back toward the $0.90 level. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank youby CryptoSanders95631113
MaticMatic has been really strong but kinda hanging and needs to go down to fix the market. MShortby The3eyedFrog0
MATICMatic bottoms around .20c IMO. The triangle/diagonal is very constructive & makes me think MSTIC can lead the next altseason 2023. I've been charting this for many months now in my group & we are waiting for this juicy op. ;)by Big_Mike7168
MATIC wonΒ΄t be different. When to buy?Most likely Matic (Polygon) wonΒ΄t be different. It will go down together with the whole crypto market. On the chart you can see 2 possible scenarios. The direction is down. Because of the FTX drama, the sentiment is bearish and probably it will remain bearish for awhile. In the next days or weeks we may see more crypto firms announcing their bankruptcy therefore altcoins wonΒ΄t perform well. Welcome to crypto market! MShortby vf_investmentUpdated 3
Falling Wedge: Matic (Polygon)Similar to Monero, Matic is another cryptocurrency currently trending within a falling wedge bullish continuation pattern I've shared with my group. These are expected to rally to the upper Fibonacci extension targets at some point, though a tactical shakeout may occur first to weed out weak-handed retail traders. I'll jump in at the first breach of upper wedge resistance with demand volume confirmation, and vice-versa invalidate the swing if we pullback under support with predominance in supply. It's always better to be safe than sorry and live to experience the joy of the reversal! Good luck to everyone. *Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been swing trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts, see all the wins for yourself, then come join us! **Not financial advice. Always DYOR and trade at your own risk.Longby jalapabloUpdated 449
MaticThe two areas of interest I am looking for $matic are circled. This shop fest is pointless to trade, you can get rekt with fees. by DC_SniperTrader111
Matic BullishMatic oscillates up in four hours There is a high probability that it is a rising relay pattern Follow me and take you to achieve wealth freedomLongby wsbhua0
Trading with 0 stressπSo you see a trading opportunity. It looks like a fair setup. You get confirmation to enter, but you hesitate. You're afraid of losing money, or you have some anxiety that keeps you from pulling the trigger. This is a problem that almost all traders face at some point in their trading career. I too have suffered from fear of losing money and this problem has led to other mistakes that have stopped me from executing my best trades. Today I share my process of what I did. To reduce my anxiety while trading and the actual steps I took to improve my trading execution. β Do you think the color of the candle affects you while trading? Of course it does. Feel free to tell me if this sounds familiar in the comment section. You enter a long trade expecting the market to go up. You gain a few %, then the price turns against you and forms a red candle. And you start watching the movement, especially each candle pointing down. And you focus on the red color of the candle. π±You get more and more anxious. When another red candle forms. This was a big problem for me in my early years. I closed my trades after a few minutes. When I saw more red candles below my entry point. The solution to overcome this is simple: 𧨠Change the color of the candles to one color. This way you will only track the price and its range. Let me ask you, which of the texts on the screen is the one that is easier to read? The single colour or the multi-colour? There is a phenomenon in psychology called visual perception. Your brain is always looking for patterns in commerce. If you use multi-coloured candles, you reduce your ability to recognise patterns. Let me repeat that. Your brain is looking for patterns, and one of those patterns is similar colors. Colors affect your brain, your emotions, your feelings. Your psychology, potentially your trading ability. To trade best, you need to trade in a neutral, unbiased state of mind. I've bought in the past because of fast moving red or green candles, I've made bad trades, both on entry and exit. If you get anxious during an open trade, use candles of the same color. So try this simple tip to reduce your reaction to price movements. Change the colour to anything but not to red. Blue or green, yellow or white candles. Just stay away from red and give me a feedback in a week or so. I find myself calmer using a single color for the up and down candles. Maybe this little brainstorming session will help relieve some of the anxiety. π Here's another situation. You see a long opportunity. The price is around the key level and you need to decide. You pull the trigger at, say, $50. You say to yourself, "Wait, I'll wait until... until the market drops a few cents. The market drops to $50.02, but you're still waiting. And then the market goes back up to $50.10 and... you say to yourself, I'm not getting in now. That's a worse price than five minutes ago. I'll wait until it goes down again. And of course the price never comes back. It goes up without you. And now you're frustrated because you anticipated the move, but your perfectionism... prevented you from pulling the trigger. Fear of losing money and perfectionism can lead to irrational behavior, overanalyzing, overthinking and slowly draining your mental energy. π’ One of the problems I personally struggled with was. That I wanted to be perfect in my trades. I was looking for the perfect opportunity. You know, when you enter and the price never goes against you, not even one %. Being a perfectionist in trading is stressful and always being on the edge doesn't help you make good trading decisions. In most cases, when you are waiting for the perfect entry, you realize you just missed a big move. Trying to time your entry precisely, at the entry point, is a foolish undertaking. Perfection can be your biggest enemy in trading and can cause you a lot of stress. π’ Here's how to reduce that anxiety. Use ranges instead of exact prices. As a day trader, you will not be able to track price movements every minute of the day. That's why you should use price ranges instead of exact prices. This gives you some flexibility. And of course you still need to be strict with yourself when executing your plan. Good traders are vigilant, yet patient. When a lineup they've been waiting for pops up, they grab it without hesitation. But until that time comes, they won't budge. The price fluctuations that lure other traders. They choose to reserve energy for what they are prepared for and ignore everything else. They don't chase the market, they let the market come to them. The opposite of this is forcing trades. You know the feeling when you wait for a trade, see some activity, and pull the trigger early. You force the trade. I did that almost every day. π’ Here's the solution. Stop using market orders and use limit orders instead. Basically let the market come to you. Once you have selected the assets you want and done your analysis, you need to determine the prices where you will buy and sell. Your goal is simply to buy and sell at the best possible prices, and use your research to identify reasonable prices in advance. Not only will this help you get a better deal, it will also help you avoid emotion-based trading. The simple solution to reducing stress and anxiety is to only act when the conditions are what you expect. Letting the market come to you is a difficult but valuable skill to learn. So forget market orders and use limit orders. This will reduce your emotional involvement and prevent you from making bad decisions. π’ If you want to reduce stress and anxiety while trading, you should switch to higher time frames. This will allow you the time needed to make informed decisions. I know you will find it difficult at first, but you will continue to struggle with anxiety and stress until you make the change. If you are feeling nervous and afraid of losing money, I highly recommend trying the higher time frames. Again, this transition to higher time frames is difficult and most traders are reluctant to switch. But you need to change your environment if you want better trading performance. If you trade in an environment like the 1-minute or the 5-minute chart, you risk the risk of market noise. True, higher time frames don't offer trading opportunities with as much speed, but the signals generated are more reliable and have a much higher chance of working. Better to trade a handful of good quality trades. Rather than trying with many poor quality trades. Daytrade trading is exciting, but it also requires you to monitor price movements for many hours. Most daytrade traders initially like the excitement and moving on lower time frames, but it's only a matter of time before they experience mental burnout, and once mental discipline is exhausted, greed, frustration, anger and impatience will bring bad trades and send you into a dangerous state of mind from which it is difficult to recover. So move into higher time frames. You'll only spend a fraction of the time in front of the charts, and you'll be at less risk of burnout. After a while, you'll find that it becomes much easier to work with a cool head while maintaining mental and emotional discipline. π’ How often do you enter trading? The setup looked great, then the price went straight away to your stop-loss before it got to your take profit level without you. Without profit, this is probably the most frustrating scenario many traders face on a daily basis. Because you fear losing money, you tend to use small stop losses. You don't want to make a mistake and try to keep your losses small, but keeping your levels too close to the entry candle is a recipe for having your account cut to pieces. A tight stop relies on you having very precise, near-perfect entries, and we've already talked about perfectionism in trading. If you repeatedly see your stops being hit regularly before the price turns in the original direction, it is very likely that you have placed your stops at levels that other traders use, especially if you trade on obvious price movement patterns. My advice is to start trading with a wider stop loss and a lower position size away from the entry. The position size you use should be small enough that neither a loss nor a gain will affect your mindset and ability to continue trading, only then will you really focus on proper execution. π’If you are trading the markets with your hard-earned money, but you don't know what your trading strategy is and you don't trust your market analysis skills. You probably shouldn't be trading with a live account. One of the biggest reasons why you are nervous and afraid when you trade is that you will lose your money because you don't trust your own trading skills. You may not have learned a trading strategy. You do not have a trading plan, you do not keep a trading diary. You are simply not prepared to take risks. Real money at risk in the markets. That is why you feel fear when you trade. Basically, trading anxiety comes from not knowing what you are doing. I have talked many times about the value of a trading log. The key is to use your trading log to keep track of when you are at your best and when you are at your worst when it comes to your trading and your emotions. I pay close attention in my trading diary to times when I make mental mistakes, such as not trading a good trade when I know I should. When I am afraid of losing money or avoiding a good trade, I look for triggers and patterns. Was I confused? Did I make that mistake in a particular market situation? Do I have certain feelings and emotions from previous trades? These are the intangible factors that you need to track in your trading log. π’ Most traders are fixated on short-term results. They make money by pressing a few buttons and don't pay attention to the process that makes it possible. They make mistakes, learn from them, and correct them over and over again. Everyone thinks about winning, but few think about the benefits of losing . In my experience, most wins are directly attributable to a big losing trade that I learned from making money in the past. As a trader it makes no sense if you don't understand why/why you can't repeat. Similarly, losing money is a valuable experience. If you understand why you lost. Paradoxically, you cannot understand why you win. Without first understanding how you could have lost in the same situation. So change the way you think about losses, because they will show you the direction of repeatable victories in the future. If you've already lost, at least don't lose the lesson. Take care my friend and have a good trade! Educationby CryptofolioHungary5
Institutional / Smart Money Vs Retail Psychology + Rulesπ Many people approach technical analysis thinking that it is the first and most important thing to learn, which in reality should be the last. It is essential to first understand that trading psychology and risk management is the MOST IMPORTANT factor when trading within the market. Even if you have a strong technical analysis (which can never be perfect), you can still lose if you have poor risk management. You can lose even more if you are not patient enough and trade EMOTIONALLY. π The sad reality is that many professionals who have been trading for years still haven't realized this. I hope this little post will shed some light on advanced and novice traders. Every day I witness traders who make money and don't know why, or lose money and don't know why. One of the things I always like to advocate is that it is better to know why you lost a trade than not to know why you made money on a good trade. These are realistic expectations of the market, there is no simple magic spiral in technical analysis . π§ 1.) Time frames: institutions (fund managers, funds, banks and whales) think in long time frames and monitor price action based on this (Years, Decades) small investors, retail traders monitor things in low time frames (Minutes, hours, days) π Rule: always zoom out to higher time frame π§ 2.) Objectivity: Small investors quickly switch between optimism and pessimism because of current price movements and news in the media. It can be a bull market one day and a bear market another day for a small investor. Institutional investors are not sentimental, they assess the growth rate of the market sector, the total market size available, the adoptation/acceptance, the growth of the network, the analysis of revenues (to predict profitability years and decades in advance). If an institutional investor reaches a conclusion, they hold it until the underlying financial situation changes. π Rule: Follow the price not the news π§ 3.) economic power: Small investors usually have limited money to invest, so they often resort to leverage, which typically results in full liquidity. Therefore small investors (who do not like to buy spot because it is not "cool") can easily be "thrown out" of trading because of the unlimited losses from leverage. There is a reason why 90% of retail traders lose money. Institutionalists brazenly exploit those with few resources and fear. Institutional investors have access to billions of dollars worth of resources and have teams of quantitative/statistical experts who control the automated trading algorithms. π Rule: As long as you are not an expert, buy in Spot π§ 4.) Influence: Institutional investors have deep pockets and can influence the general sentiment of the market through the press (news, social media and interviews). Institutional investors influence the news that small investors read. Institutionalists are well known for advertising higher prices for retailers to "buy at the top" to avoid FOMO (Fear of Missing Out). They are also notorious for creating tremendous market fear (FUD - Fear Uncertainty and Doubt), which encourages retailers to "sell at the bottom". π Rule: You pay the price for FUD & FOMO!! π§ 5.) Behavior: Institutions actively participate in futures, options and derivatives markets. Both actively benefit from short-term price cycles as well as longer-term accumulation strategies. Small investors tend to think in short time horizons. They are sophisticated, financially strong and have expertise. Institutions make money by attracting retail investors into the market (via FOMO) and then liquidating their positions (via FUD). In the market, one person's loss is another person's gain. π Rule: News is usually wrong! π Adoption stages Many people misinterpret the exponential adoption process from a forward market perspective. In short: You've probably heard the ingenious question that a scientist found that a lily started growing in a pond and doubled in size every day, then after 30 days covered 100% of the pond. Which day will it cover 50% of the lake? The answer is on the 29th day, as it doubles in size every period. The lake goes from growing 50% to 100% when it doubles in size. It is interesting to note that on day 28 the lake covered only 25% of the sample and on day 27 it covered 12.5%. It is therefore difficult to understand the exponential growth. Educationby CryptofolioHungary7
matic/usdMatic techniqual Analysis using fibs and volume profile. would not be bullish under resistanceby Cortesgerardo0
MATIC failed to impulse and also got stuck in a flag, because if it looks like a flag, it usually is one! Break down the flag and its gonna get super ugly aka cheap! Hold my beer pls ---- No financial advice, do your own research, don't be stupidMShortby NastyBeer114
MATICUSD (4H) - Bullish reversalHi Traders MATICUSD (4H Timeframe) Waiting for the upward break of 0.890 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 0.818 would cancel the bullish scenario. Trade details Entry: 0.890 Stop loss: 0.818 Take profit 1: 0.935 Take profit 2: 1.007 Score: 4 Strategy: Bullish reversal MLongby Avramis0
MATIC: Opportunity to AccumulateMATIC back down at range support with re-emerging supply volume is a good indicator of further pullbacks. If it revitalizes and heads back up to TRM (range midpoint), beware of jumping back into another bull trap. Money can be made riding traps, but you better know when to get out. Let the supper supply block be a guidepost. Otherwise, count on more retracements, ultimately down to the 1.618% where the PA mitigates the previous low and thus zeros out that macro liquidity void. Be safe, be prosperous! Note: I uploaded an analysis vid on this very chart to YT. Check it out for a more thorough breakdown. Do you like winning trades and making easy money? Be sure to SUBSCRIBE for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average)! Not financial advice. Always DYOR and trade at your own risk.Shortby jalapablo112
Next entry for Polygon (MATIC)I believe that price could temporarily break out of the triangle and make a bear trap at the 0.5 ~ 0.382 Fibonacci retracement. The MATIC token is one of those that appreciated above average considering this bear market. The DMI SMI indicator also signals this possible opportune moment to buyMLongby andre_0070
MATICUSD going Ethereum 2016/17 styleThe MATIC Network (MATICUSD) has been rejected last week on the 1W MA50 (blue trend-line). In an interesting turn of events, its price action since the COVID March 2020 crash, is similar to Ethereum's (ETHUSD) price action from October 2015 to January 2017, which also got rejected on its MA50 (for better illustration we used the 4D time-frame, even though 1W fares well too). Both made the MA50 rejection after the broke above their correction Lower Highs trend-line. What made a big difference for ETH in its January 2017 break-out and rally was the bearish reversal on the U.S. Dollar (DXY). MATIC made its October 2022 bullish break-out as the DXY has pulled-back significantly. If the fractal continues to be repeated, expect a strong rally on MATIC in 2023. ------------------------------------------------------------------------------- ** Please LIKE π, SUBSCRIBE β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME πββοΈπββοΈ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! ππ ------------------------------------------------------------------------------- π π π π π π πΈπΈπΈπΈπΈπΈ π π π π π πMLongby TradingShotUpdated 7759
Matic lets goo to 1.66usd?hey hey Please note: This is weekly a., so it may touch that SARS + little above, so 1.66 USDT and above might provide some R. Regardless of current situation in this crazy world Called crypto, or maybe because, it could, should or even must go first up. So that is why: 10x longs medium size SL: 7% TP: 1.16 lets see, deMLongby dejc1233
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. And please don't forget to support this idea with your like and comment. Mby melikatrader9410
MATICUSDAnother crypto forcast. I would be really happy if the pair plays this around. MLongby Rajitha_JayalathUpdated 4
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 daysLongby FxCloudTrader1