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MATICUSD trade ideas

MATIC just have to hold 0.624 till early Jan, then TP @1.24 neckMATIC seems trying to expand 2 channels. The lower channel may be reached sometime early Jan2023. For now, Matic is just consolidating lately holding the 0.624 zone. This zone is where my important Fib levels are located like 2.618, 0.618 & 0.786. The ABC corrective wave most probably ended. All MATIC have to do is to hold 0.624 until early Jan then the next target will be 1.24, the neckline of the H&S pattern from top. Not trading advice
MLong
by xtremerider8
MATIC repeating ETH's first run : UPDATE 2022MATIC repeating ETH's first run : UPDATE 2022 check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on. there is always another train through the station as long as we haven't nuked ourselves into oblivion. anwayyyy this seems to be playing out nicely. the chart says it all. the repeating RSI pattern says we've bottomed already. or it seems that way anyway. RSI can be a tricky beast tho, you need to be careful with it. it does seem like macro wise there has been enough blood but there are some fundamental bad things playing out in the system. war/climate change/massive unraveling of over inflated assets/normal max inflation etc etc so i wouldn't be surprised if it goes down another big leg. two options there, clearly just wait and see if it all reverses on that first support coming up. then matic maybe a nice play. 250% sounds good to me. lets see how this one goes. good luck to you fellow degen. x
M
by Crypto-Quantum-Fox
Polygon: Jump, Jump 🎤We commence to make you – jump, jump, The Mac Dad’ll make you – jump, jump, The Daddy Mac’ll make you – jump, jump, Kris Kross will make you – jump, jump... As fitting as it is, we’re not really talking about the song by Kris Kross, which was released in February 1992 as the first single of their first studio album, but much rather commenting on Polygon’s next movement. Indeed, the altcoin should jump from the orange zone between $000 and $000 into the blue zone between $0.686 and $0.400 to finish wave (ii) in blue. Then, it should turn upwards, heading for the resistance at $1.05 and eventually crossing this mark. However, there is a 38% chance that Polygon could directly jump above the resistance at $1.05 instead.
M
by MarketIntel
1
$MATIC | History Repeating ItselfMATICUSD has hit this support zone multiple times with a bounce to the upside but never making it above the 200EMA. And here we are again with the same story. We have oversold on the RSI levels and still significantly in a downstrend, BUT a good opportunity for a decent quick move and profit. I think it can clear 13 and 50 EMAs easily as those have not been respected in recent history. Not expecting anything monumental with all things considering around the crypto market but see a chance.
COINBASE:MATICUSDLong
by CryptoHotep
#Polygon #Matic long ideaHello dear Traders, Here is my idea for #Polygon Price finds support at monthly pivot line. Daily inside bar has been formed and we will wait for a close above the yellow trigger line (0.8170$) in the 4h chart to enter the trade. Profit target 1.1470$ and stop 0.6980$. Risk Reward ratio 2.7 Please feel free to ask any question in comments. I will try to answer all! Thank you. About #Polygon Rank 12 by marked cap Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance Source: Polygon price today, MATIC to USD live, marketcap and chart | CoinMarketCap About Pivot Lines The term monthly indicates that the pivot levels are calculated using the prior month’s high, low and closing price. The basic formulas are now well-known and pivot calculators are readily available on Tradingview. If a market closes above the monthly pivot, then the trend is positive, and closing below the pivot is negative. In a positive market, you look for prices to pause, or maybe even reverse, at the first pivot resistance level (R1). If that level is exceeded, then the R2 is the next level to watch. Conversely, when a market drops below the monthly pivot, then the first downside target is the first pivot support (S1), and the second support is S2. Source: Learn How To Use Monthly Pivot Analysis (forbes.com)
COINBASE:MATICUSDLong
by Diplo_Trades
1