MATICPERP trade ideas
MATIC: BLACK FRIDAY SALE DISCOUNTAs I said in my last post about MATIC, MATIC would come down to the 1.65 to 1.55 level, which it has. This level is a high demand zone for MATIC. We have been consolidating here for the past few days. I am sure many of you are aware that the market has been looking bearish recently with many traders predicting BTC to drop to almost 52 and ETH to drop to around 3500 to 3200. But remember these are only predictions. No one can correctly predict what level something might fall to. Always remember price action, supply and demand zones, repeated pattern breakouts are king. Rights now MATIC is at a big demand zone and is about to breakout of a triple bottom on the the 4HR. Combined with the fact that many other Alts having bullish reversal setups, (Bullish divergence on LUNA, BCH, DASH, LINK, BAND, ADA AND SO MANY MORE!) I think we have reached the bottom of this particular dip. ETH is struggling to go below 4000K, ( a whole number psychological level, a place where many buyers have setups limit order) and Bitcoin Fear and greed index is also at 33 (twitter.com) are reasons why I believe we will not dip further. There is a saying in the equities market, be greedy when others are fearful, in my opinion this is that time. My stoploss for this trade is 1.52.
Trade safe and remember. The market does not care about you!
MATIC is due for another leg upStoch and RSI are or nearing over-sold area. Ready for a move up.
Price is at lower trendline. Watch for next wave up.
matic/usdokay guys, my last trade was bad so i know a reason
now we can wait for channel retest and we will take position on support trend line
exactly it is no a risky trade cause we have 70% long trade and 2% sl
i am just waiting for entry point
everything is on the chart entry sl tp etc.
matic/usdlets long guys
ratio is 5,4
tp1.87
i see matic target will raise to 15%
also we can support our possition with 2% sl
wish luckk
MATIC (Polygon) in a perfect symmetrical triangle on the daily. MATIC (Polygon) in a perfect symmetrical triangle on the daily. Breakouts tend to go the direction of the trend.
Breakout to the upside imminent. Be caution as whales are known to fake obvious breakouts like this, crash the price to scoop up the bags of weak hands then pump back into the upside.
Bullish Chart Hi guys, all things have been specified in this chart, Bullish trend for #MATIC will be so possible.
thanks for attention
Good luck
$MATIC / $USD thoughts 🧠 and views 👀Hi everyone,
Sharing some thoughts on the current situation with $MATIC.
Looks like a long term hold, stronger $ETH side-chain similar to $ONE which has great speed and cheap really cheap fees, less than a hyper-inflated cent.
We look forward to everyone's thoughts and views, even the #bearisheyes 👀🐻
#matic #eth #sidechain #longhodl
Time for MAtic to flyBroken trendline and the R/R is pretty good.
Matic is fundamentally a great asset and is for me a long term hold
MATICUSD Bull Idea and ForecastA rising wedge can be established against the 1/1 Gann line
I have come to the conclusion that this rising wedge will act bullishly
Due to the presence of consistent higher lows, and a trendline that can be drawn against Fib circles, leaving price sitting right above the trendline, ready to go
Matic is a good pick for the portfolio
Key Resistance level to watchMatic is currently catching support off of the golden pocket fib level. A Break above 1.64 would signal a move up to 1.74.
Posted 2 possible paths from here. If bitcoin can hold the line and/or push up, the green path is highly likely.
MATIC v. ETHMatic still on a downward shit trend against eth on yearly timeframe, but not to say it cant bust thu at some point
$MATIC Polygon looks posed to break out with from Triangle After retesting the center point of a 6 month triangle, MATIC looks posed to rally TO ABOVE $3 IN SHORT ORDER. Stop is pretty reasonable below $1.35. Especially with the 13% current yield on the stake. $4.75 and $7.20 targets in play on this move.
Sideways MATIC MovementI expect to see at least another bounce between 1.50 and 1.60 before a larger move is made. It looks like we broke out of a triangle and are moving sideways on the 1H chart.
I think the lowest we will see for a good while is in the $1.30 - $1.35 range, but we might jump back to $1.72 and encounter some resistance.
Based on the high ADX and -DI indicators on the 4H chart, I am leaning towards the lower move first.
What is everyone else thinking?
MATIC: Falling Wedge... Then Pump TimeMATIC double topped at around $2.20, causing a retrace of about 20% from the top. It is currently in a falling wedge and needs to break the top trend line for a bullish reversal. Watch these two support zones for an entry opportunity.
This is not financial advice. These are just my ideas and opinions.
Matic thoughtsI honestly don't even know what to think about matic right now I really thought it going to make its move but it really hasn't had a very good past couple of days. I'd love to hear thoughts on what direction you guys think matic will be moving because I honestly wouldn't be too shocked if it continues downwards before an eventual move upwards
Key level - MATIC▪Ascending trendline touched three times,
▪This level needs to hold for another bullish ride,
▪Ascending triangle printed with strong resistance on a grey box,
MATIC level testing and stabilizationMatic responds very well to market fluctuations, we see strong support and stable trend.
could Polygon breakdown the critical point?Fibo levels:
X=$0.28
1.6 BC=$0.154
2 BC=$0.32
2.24 BC=$0.51
2.6 BC=$1.06
1.6 XA=$5
3.6 BC=$7.28
$5 and $7.28 are massive resistances but if Polygon breakdown these resistances and the critical point anyone can't stop it.
A squeeze PatternHi traders,
Everything is on the chart. Do not hesitate to ask questions and comment your thoughts!
Stay safe
Matic UpdateMatic is currently above the form the right shoulder then break out to the upside, thats my probability. Lets send it up the moon!!!
