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MATICPERP trade ideas

#MATIC/USDT - Long - Potential 29.29%#MATIC/USDT - Long - Potential 29.29% Exchanges: Bittrex, Binance, KuCoin, Huobi.pro Signal Type: Regular (Long) Matic is continuing to build on its Disney partnership as it now underpins Reddits web3 integrations as well as debuting on BitPay. Entry Zone: 0.92560 - 0.95870 Take-Profit Targets: 1) 0.99830 - 33.334% 2) 1.0516 - 33.333% 3) 1.2382 - 33.333% Stop Targets: 1) 0.85740 - 100.0% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
FTX:MATICPERPLong
by CryptoNicho
there is a possibility of breaking higher resistances...As long as the bottom of the channel is maintained, there is a possibility of breaking higher resistances. In the 1-hour time frame, the price trend is also upward, and the support of the $0.82-$0.83 range has prevented the growth of the price of this currency. Holding this range can bring the price to the ceiling of the short-term ascending channel, which will be the first short-term objective. But if this support is broken, the price will fall again to the bottom of the channel in the range of $0.70.
M
by Clara_trader
8
Polygon: Hammer time! ☝️According to the principle “U Can’t Touch This”, Polygon is pulling the M. C. Hammer move above the blue zone between $0.68 and $0.40, meaning that the altcoin just won’t touch it. Nevertheless, we still expect the cryptocurrency to dive into the blue Zone to finish wave (ii) in blue before rising above the resistance at $0.94, thus affirming further ascent. However, there is also a 42% chance that Polygon could indeed not touch the blue zone at all and instead climb above $0.94 directly.
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by MarketIntel
$MATIC | Double Top? McDonalds M Coming?Here we have one of my personal favorite cryptos & L2 sidechains, MATICUSD or Polygon. Potentially we may see, a downtrend because of a couple of factors. Let’s zoom in! I see the potential for a “McDonald’s M” or most notably referred to as a Head & Shoulders pattern which could signify a downtrend. Here are some reasonings & findings: * MATIC has touched the 0.8721 area twice now but has pushed through this resistance * Upper Bollinger Band has been broken previously * Nearing extreme overbought statuses on the RSI * After the initial push down from the 0.8721 area, 0.8456 acted as support for the potential “head” of the pattern * MATIC is still above the 200 EMA The last note should be taken into consideration when placing a SHORT trade for MATIC. It is still above the 200 EMA currently so a safe TAKE PROFT could be back to the “neck line” area of 0.8456 in case there is a bounce and your STOP LOSS above the resistance area of 0.8721.
COINBASE:MATICUSDShort
by CryptoHotep
Got my eyes on MATICMATIC is starting to boop the descending trend line, so I got eyes on it. Price and momentum are increasing. VWAP also coming up. Money flow pointing down on the 1d, but pointing up on the 2d and 3d. I'll be watching for a confirmed break and hold on the descending trendline. Scenario 1- Long Enter = 0.8350 - 0.8450 SL = 0.7730 Target 1 (POC) = 0.8930 Target 2 (Resistance) = 0.9718 Target 3 (VAH) = 1.0330 If it doesn't break and hold the descending trendline, then it will likely try to retest the VAL (also the 0.50 Fib). If it breaks the ascending trendline and the support/0382 fib area, I'll be looking for shorts Scenario 2 - Short Enter = 0.7650 SL = 0.7930 Target (VAL & 0.50 fib) = 0.6815
COINBASE:MATICUSDLong
by jacheee
$MATIC | Extreme over bought levels upcomingI recently took a long with MATICUSD and was a successful trade. It has also cleared previous resistance currently and looking toward the next short term (drawn from the Daily) resistance level, highlighted with the blue line. MATICUSD is also clear of the 200 EMA but if you look at past movements, the 200 EMA has not been respected by any means. We are also approaching extreme over bought levels at 70+ with the upper band of the Bollinger Band being broken. My eyes are on this and looking for a confirmation candle to SHORT from the most resistance line.
COINBASE:MATICUSDShort
by CryptoHotep