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MATIC / USD (0x4d415...00000)MATIC / USD (0x4d415...00000)MATIC / USD (0x4d415...00000)

MATIC / USD (0x4d415...00000)

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MATICUSD.P trade ideas

MATIC/USD set to break the intraday highs of $1.68Polygon price analysis is bullish today. MATIC/USD saw another selloff overnight. MATIC/USD is currently trading at $1.68 The triangle price pattern is bearish today, as we anticipate recovery to follow after another drop. Since the support level of $1.55 was recognized again, MATIC/USD should recover some of its losses during the next 24 hours. The Awesome Oscillator displays red bars today, as MATIC/USD continues its drop. Since the triangle price pattern is bearish today, we should see MATIC/USD recover some of its losses during the next 24 hours. Losing another $0.2 against USD overnight left an impact on sentiment towards this cryptocurrency.
GEMINI:MATICUSD
by BernardMikhail1
POLYGON/MATIC 1DPOLYGON/MATIC USD from bottom to top. MACD- bullish crossover. - oscillators going bullish RSI - dipped under, then broke above, and retested the 50 RSI level successfully. Fibs - From the move that made the ATH it retraced to the 0.786 fib and then bounced. This rally created a swing high from the low. That swing high then retraced to Golden Pocket of the 0.618 - 0.65 fib. creating a higher low. The next rally continued to the 0.236 fib and retraced and bounced well from the AVwap of the ATH. Trade Frosty. *This is not trading advice I just like to draw lines and color.
M
by a_Sloth_named_Fibognocchi
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!
COINBASE:MATICUSDLong
by MoRafi
1