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
MATICUSD.P trade ideas
$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!!!
MATIC long battle for ATHI believe MATIC will have a steady up hill climb and squeeze against the RED descending trend line.
Once broken, that is where we could see the impulse to test ATH.
Good Luck
Downside SlopingThe Polygon (MATICUSD) is currently sloping downward and my take on this is to wait till 121 INR and if it crosses below that then look for 117 INR and again if it crosses below that then look for 114 INR because that these three levels are very much important on a daily time frame.
114 INR is turning point. If it crosses below 149 INR then it may go deep down.
MATIC update 1.50 entry confirmed now ready for 2.5 and $3.00Got my entry now look for it go stay above the vwap @1.75 it will be ready to go. Be cautious below it
MATIC - Bounce time!?MATIC is in a good position to bounce at 8h TF. As you can see we`ve also got TD4 on this interval, bounce on the flow is possible ..., of course it is necessary to monitor what is happening with the BTC, as it can pull the price behind it despite the good setup.
An excellent indicator is available to you here:
MATIC primed for upsideThere appears to be a hammer candle, and MATIC is currently using 1.75 support. It could fall to 1.50 range as the next level of support.
Confluences:
Market structure of Higher Highs and Lower Highs
Hammer candle indicating bullish move
Breaking through 1.75 then using it as support.
Risking 20% (to 1.42) for 60% (to 2.82).
MATIC upside incomingMATIC sitting between 0.50-0.618 level, reloading upside and may print another ATH if the bull cycle continues.
