next green wave is coming in... (What do you think?)MATIC Network appears to have reached a bottom and is building momentum for an upward wave that could last approximately 150 to 300 days.
What do you think?
MATICPERP trade ideas
MATICUSD tested the June 2022 Historic SupportMATICUSD has reached a demand zone last tested in June 2022. The market formed a long-tailed bar on the weekly timeframe, signaling a rejection of this level and the potential for a bullish move. Additionally, it broke and closed above the accumulation zone, which is another encouraging sign. If the price stays above the 0.400 level, the market could rise to retest the resistance. There’s potential for a breakout from the channel, continuing its bullish trend. Pay attention to the August close, as the monthly chart is shaping another significant long-tailed bar. The target is the resistance at 0.500
POLYGON (Crypto) BUY TF H4 TP = 0.4564On the H4 chart the trend started on Aug. 05 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.4564
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
MATICUSDT - in a buy zoneMATIC prices are now as low as before the last Bull Market. The price is retesting the Key support level, which we see as a key support level. We expect the price to enter the accumulation zone and then start the new uptrend.
Take profit levels and final target are shown on the chart.
It´s a long term trade / investment idea so it may take 10-15 months to reach the final target.
Good luck
MATIC/USDT A🔍 MATIC/USDT Analysis: Upcoming Opportunities for Traders 📉
The MATIC/USDT chart highlights important dates that traders should watch closely:
August 16, 2024 & September 2, 2024 & November 30, 2024 - Green Lines: These dates indicate potential local lows, offering favorable entry points for accumulating MATIC. These are key opportunities to consider building or adding to your position.
October 27, 2024 - Red Line: This date signals a potential local peak. It may be wise to take profits or reduce exposure around this time as the market could face resistance or a downturn.
By aligning your trading strategy with these dates, you can better navigate the market and maximize your gains.
#MATIC #CryptoTrading #MarketAnalysis #Cryptocurrency #MATICUSDT #Altcoins
Matic / Polygon Great Buy Opportunity So, I purchase Matic for the first time in January of 2021 around .07. I have been following this token for a while. For the past few years, the price range it is currently around now, has been a great buying opportunity for this token.
Polygon is a leading layer 2 on Ethereum blockchain that has been around for a while. With it's current under performance, this is one of the best alt-coins you can buy. In September, the Matic token name is changing to Polygon which will cut down on any confusion for newbees.
However you look at this blockchain, the chart doesn't lie: Matic/Polygon is a great buy zone!
SIMPLE STRATEGY MTC seem to have finished correction on the 4hrs chart and at the peak of the fib lively...we can carefully wait for a CHOCH to confirm our entry....💯💀💀
MATICUSDT. nice chart. [ buy ]More time has passed compared to the price drop. I think the crypto market will be very attractive until the American elections.
MATIC Start of Run Today Out of Blue - I'm a Diamond Sniper :PHello Guys,
Matic has been very hard to trade and I think it still is not easy.
Still I might see final and ultimate confirmation signals for the wave 2 low to be in making our Bull run in Wave 3 and 5 of the Cycle start NOW.
I am personally long, opened in the drop today.
No financial advice as always, but general outlook is very bullish anyway so take it with a grain of salt if we slightly drop to market open tomorrow.
Just get aware of the potential.
No financial advice,
Mo BINANCE:MATICUSD
POLYGON (MATIC) LONGObserved Inverted H&S being printed. Major layer 1 project that has huge potential upside from here if the pattern holds true.
It´s now or never for Matic!!!During the last days Matic broke the previous low and therefore invalidated some of the Elliott wave counts going around that I have seen.
Currently price sits at the 88.7% fib retracement of what I believe is the end of the wave 2 (primary grade). What I have to admit that I haven´t seen is a WXY formation for a wave 1 but this could be lack of experience. I counted it that way because price made a new low and therefore everything that happened since february 2023 must be a correction in my opinion.
How can it continue?
1. Price shall not cross the June 2022 low. This would reset all counts!
2. Price kind of must go up from here, however given the anxiety in the market and BTC not looking like it has finished the consolidation I would expect sideways price action!
What to look for?
Wait for a nice impulsive 5 wave trend and pullback and ideally a broken structure which means higher lows and higher highs!
Matic coming back#CryptoWhale100Billion Alt Coin Analysis: MATIC
Hey everyone, it's been a while since my last post. I've been quite busy with life, but I'm back and ready to share my latest analysis and predictions.
My analysis shows that MATIC may experience a bullish trend in the medium term. The current price is hovering around the support level of $0.53, and if it manages to hold this level, we can expect the price to rise to the next resistance level at $0.66 and potentially break out.
However, there's also a possibility of the price dropping to $0.47. before making a reversal. The RSI indicator is currently in the oversold region, indicating that MATIC is undervalued and may experience a bullish reversal soon. Additionally, the MACD indicator is showing signs of a bullish crossover, indicating that the momentum is shifting upward.
Strategy for MATIC would be to buy at the current price or lower, hold on to the position, and consider adding more if the price breaks through the resistance level. If the price drops below the support level of $0.47, it may be wise to consider buying or setting stop-loss orders.
Shoot me a message with your Technical Analysis to see your thoughts and trading strategies.
#CryptoWhale100Billion
Press The Thumbs Up and shoot me a message below with your ideas on where MATIC may go next.
Thank you for the support!
Below are some previous chart links I've written in the past for reference:
MATIC Bull RUN top.KUCOIN:MATICUSDT
Price action between .34 and .58 tend to not last for MATIC. Last time we lingered in this price range from was from Aug-Oct of '23, with an eventual pump to 1.23 on 11 MAR 24. ALT coins are taking a beating and are being bled out to the bottom. Looking at this WEEKLY MATIC chart, if this triangle plays out, we can expect a higher high for MATIC at 3.6 around the TOP of the '25 BULL RUN. Diamond hands can expect, perhaps, a 4-5x on their investment. Again, HAPPY TRADING!!!
Matic Coin Analysis: Potential Gains of 13x, During Alt SeasonMatic coin currently holds a strong support level between $0.48 and $0.49. This level presents a promising opportunity for significant gains as we enter the altcoin season. Historical data suggests that if this support holds, Matic could potentially reach a minimum target of $3.415, offering an impressive gain.
However, if the $0.48 to $0.49 support level is breaking, the next major support can be found between $0.29 and $0.31. This level is crucial for Matic's long-term stability.
During a bullish alt season, Matic has the potential to soar even higher. Based on historical trends, the maximum target could reach up to $6.47, representing an extraordinary return of nearly 13x from the current support level.
For more detailed analysis and updates, follow us on TradingView to stay informed about our latest trading ideas. Don't miss out on potential opportunities in the crypto market!
MATIC: Start-Up DifficultiesMATIC struggled to achieve clear upward momentum last week. The bears slowed the coin down, so that it is trading slightly lower today than at the time of our last update. Nonetheless, we still see the price in the blue wave (iii). During this wave, we expect it to rise well above the resistance at $0.98. If, on the other hand, there is a fall below the support at $0.50, we will have to assume a still ongoing wave alt.(2) in magenta, which would first require a setback into our same-colored Target Zone ($0.471 – $0.308).
MATIC - giga rally loading?Polygon (MATIC) is looking really promising right now, thanks to some major upgrades and smart moves. They’ve just rolled out Polygon 2.0, which is a huge deal. This upgrade introduces a new token called POL that’s designed to handle a lot more transactions and different roles within the network, making it super versatile.
What’s cool about Polygon 2.0 is that it’s all about making the network faster and more connected. They’re using advanced zero-knowledge (ZK) technology to cut down on costs and speed up transactions. This means that developers can build even more efficient and scalable applications on Polygon.
The community and developer support for Polygon is also a big plus. They’ve got a ton of resources and tools available for developers, making it easier to create and launch new projects. Plus, with their new Chain Development Kit, developers can easily create custom Layer 2 chains, adding even more flexibility to the platform.
On top of that, Polygon has made some strategic acquisitions, like buying Toposware, to boost their tech capabilities. These moves show they’re serious about staying at the forefront of blockchain technology.
All these factors combined make MATIC a token worth watching. With all the upgrades and strategic initiatives, Polygon is set to drive higher adoption and increased transaction volumes, which is great news for anyone holding MATIC.
I believe from September til March 2025 we will see a hot crypto market.
Hot enough to see a lot of coins rally.
MATICUSD: Swing Buy, Possible touching HHDear Traders,
Our Previous analysis on Maticusdt turn out to be in our favour, now we are looking at possible price reversal and this time we are targeting previous all time Higher High. Price has breakthrough the consolidation phase and now on to completion of manipulation phase. After this we can expect price reversal in form of distribution.
MATICUSD Elliott wave countPolygon must not break below 0.4926 level to keep this count valid with a 4th wave triangle or a more bullish count with 12 12 and both wave 2 flat corrections.
Above 0.4926 and clearing 0.7587 we are looking to the upside with target above 5 USD.
Also we see divergence on oscillators that may signal a shift to the upside.
MATICHello
I am sorry for what I want o say and I do not want to be rude but I really believe that Crypto market is not good place for wave traders (and probably the other methods) but for investment is a heaven.
Some of coins are really confusing and I do not see any consistent correlation between them. MATIC is one of them and for now, what is happening in the upper yellow zone can be a triangle or a combination.
For these situations that we can't distinguish the patterns the best solution is to focus on the price action and technical analysis techniques, so there are 2 scenarios:
1- more correction and triangle failed
or it was just wave B of a combination
2- break out and start its rally as wave V.
Simple notice: do not trade it as long as it does not break out the upper boundary of our imagined triangle.
Thanks
Matic weekly support held.Matic bounced off of the rising support line based on weekly chart. The patter trending higher lows continues a gradual up trend for investors interested in buying dips and dollar cost averaging.
MATICUSDTThe correction of the combined price of WXY is being completed. After completing the corrective pattern, I expect the price to start rising.
$MATIC GOOG TO BUY FROM HERE#MATIC is always a good buy, especially at the local lows!
I set buy orders in the orange zone, this is a long-term spot trade.
BINANCE:MATICUSDT
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