Matic climbing to the topMatic will go down to 0.8973 bounce back up to its limit 0.993
what do you think?
MATICUSD trade ideas
Polygon (MATIC) x Total volume traded on UniswapAs per the bearish divergence from February 2021 to May 2021, this indicator has early signaled the top.
Now the traded volume is about to exit a bearish channel.
We also have an expansion wedge that is about to be broken along with the 50% retracement.
Matic going down to the topMatic will go up to 0.8973 low to 0.855 and then 0.835 to continue down to its limit 0.72
Matic will lower to its top
Will drop again to 0.855 and continue to drop to its limit at 0.72 and then take off to 0.993
Matic goes down to his limitMatic will go down to 0.893 it will be its limit and then it will start to go down further to 0.72 and there we will go long
MATIC is not done yetMATIC is holding support at 0.93 which is the daily 0.236 fib retracement from recent high to low. Touched and help support on 4H lower Bollinger band
Once that yellow trendline is clear, MATIC should see another quick test to $1. Then the show begins... S/R flip of $1 will propel MATIC to $1.18 quickly with my main target of $1.30
Good Luck
MATICUSD Short PositionIf the price breaks the neckline, the minimum price target of the pattern will be 0.56. In this manner, the pattern on the chart may provide an opportunity to short MATICUSD for a profit of 26.39%.
MATIC Pullback?Look for MATIC to pull back to the orange box.
I have a target of $0.80 down to $0.73
Entered: $0.975
Stop Loss: $1
Good Luck
MATIC/USDT Elliott Wave countMatic may end soon this impulse to the upside that probably is an A wave.
Also we have a broken resistance that can be retested at 0.5 fib retracement if this A will end at 1.039 usd
MATIC Bull Speed Ahead!Many items listed on this chart show bullish direction.
My target is above the 200MA up to completing the inverse head and shoulders pattern:
$1.18 - $1.30
Need to confirm exit of Bull Flag. Daily close above would initiate exit.
Send IT and Good Luck
MATICUSD ❕ an asset can exit from the downward channelVolumes show interest in price rising.
Price has tested and fixed above the 100MA (4H TF)
The asset has entered a bullish RSI zone (4H TF)
TD Sequential has formed an up reversal signal (4H TF)
I expect that MATIC may start rising if it gets out of the downward channel and fixes above the resistance level.
MATIC Triangle breakdownMATIC is consolidating in a triangle after making lower highs.
Monitor for a breakdown of the triangle support. 1 hour candle close below support and a retest rejection should indicate lower levels.
Short Targets are:
$0.75 (50% retrace from recent low to high)
if further breakdown...
$0.71
$0.65
Good Luck
Continue to fall
matic has been broken
It's going to keep going down here
I have told you to sell before
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Continue to be bearish on MATICmatic has peaked
This position is likely to form a double top
I suggest you to bounce back and sell
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MATIC/USDT Elliott Wave countMatic probably is into an impulse to the upside and now we are into a WXY 4th wave. Expecting to bounce at 0.700-0.750
Continue to be bearish on MATICMATIC has broken in four hours
It's a rebound after a breakout
Not expected to break above previous high
I suggest you continue to sell on rallies
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$MATIC #polygon breakout$MATIC Breakout in 1h Chart
1. Positive Super Trend in 4h Chart & Consolidation > 8 days
2. Several touching points with vwap
3. Price above 10, 20 & 50 EMA
4. Target 1.26$
5. Stop-Loss 0.85$
6. Risk Reward Ratio 4.7
MATIC breaks down
MATIC's four-hour structure has broken out
There is a risk of a short-term pullback
I suggest you sell on rallies
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MATIC Cup with a handle going to 1$Cup&Handle forming on daily while we have broken above trendline. A retest of the trendline and a bounce would trigger a good long opportunity, targeting 1$ area for take profit
MATICUSD ❕ volatility decreasesMATIC showed one of the highest growth rates among the top 100 coins.
Volatility is declining.
I expect the current move could be a reversal for a local correction, so I think the price will decline after consolidating below the support level.
Polygon (MATIC) - $0.60 - $0.65 will be great supportPolygon - $0.60 - $0.65 will be great support - IMO
After the breakout MATIC will have to correct before trying to break the resistance trendline since ATH December 2021
This break would be a HUGE bullish signal - but conformation has to occur for more accuracy dear Crypto Nation
*not financial advice
do your own research before investing
