MATICUSD trade ideas
MATIC ITS ON break and retestLets wait for a bullish confirmation candle pattern,we are expecting formation of bullish engulfing candle to be our confirmation candle if bulls become more stronger than the bears otherwise we might get another lower low price
Comment below to see whats your opinion….
MATIC: DOUBLE DIAMOND BOTTOMMATIC made another diamond pattern at the 78.6% FIBO retracement zone. Reversal may be near.
Stochastics & Rsi turning up from oversold. Wave 3 definitely shall continue.
Not trading advice.. just an actionable guide
Rip Matic. Potential 50 % drop if we break the necklineRip Matic. Potential 50 % drop if we break the neckline. Be careful.
I would buy some MATIC at these levels.It looks like we are a few weeks away from possibly breaking through long term trend lines.
MATIC breakout ideaBased on my analysis, I've identified a possible reversal in the trend in MATIC. If the positive uptrend continues and it breaks out of the falling wedge, it would be a good pickup on a re-test and next target would be 1.73 on a short term trade.
MATIC W4 bottom is a DIAMOND; wave 5 of III continuesI quickly made this update to show the diamond reversal & 3 take profit levels for the person asking
for it my previous post. Hope this helps.
Since Rsi not yet oversold, MATIC may still go down to retest the middle of the diamond which also happens
to be a horizontal support line. This 1.505 level must not break for a continuation of the upchannel & wave 5 of III.
4.3 is the target price of wave 5 0f III. (Not wave 4…typing error)
Not trading advice
MATIC: Final capitulation zone 1.13 to 1.30MATIC has a big chance to bottom out at this zone before a big rally up.(final capitulation)
Note the 3 levels to take profit in the coming next big impulse wave 5 up.
This is just a guide.
MATIC Polygon - 17 MIN CHART PATTERNS EXPLORATION. 3 way.At this point i am looking for turn around around and then i'll buy on the way up. But that will be with social metering as well as world and politics. Fear is setting, manipulation will be beneficial for big money. we want big money. sS i continue to pursue the Geometry of the answer. Correlation based trends. I like that MATIC seems to be a bit of a darling. But this is leading towards and open market and not a one ring rules them all situation. The next competitor to pull ahead will be... I don't know. Someone tell me.
Matic - Compare with BTCThere is a Bullish Trend and ascending channel.
Resistances and supports are clear.
Matic has a good Fund.
The trend is completely clear. I compare it with BTC.
Search for Long setups.
EMA-approved uptrend.
Notice:
if the price will not break the resistance, could go down to the support areas.
This analysis has credit until the channel move on
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
#matic - $matic update my Previous analysisdear friends
this is a new update of Matic analysis.
there is an ascending channel from July until now.
the trend is Bullish.
resistance of the top of the channel is important,
if the price will broke that zone then it can go high at least 1X.
Matic - $Matic #MaticDear Friends
The uptrend is still going on.
In the weekly time frame, the price had a pullback to the support area.
I expect it to reach higher resistance areas.
The failure of current support could be the end of this analysis.
Disclaimer: Information is provided only for educational and exchange purposes only.
Do your research before taking any action or decision in the real market.
Ascending channelMATIC/USDT is going upwards in the ascending channel. Expecting a rise to the upperside. Stoploss is placed below the channel.
Matic Will We See Another Bearish Move ?
Hi traders:
Also on my watchlist for short term crypto bearish move is MATIC.
We can see a clear, higher time frame double tops,
and price move up to the highs correctively within the ascending structure.
After hitting the ATHs. no bullish continuations,
instead, a bearish reversal from the top.
Now that price is pushing down impulsively, watch for the break of the current structure,
and confirm with a lower time frame continuation correction before looking for the sell entry down to previous lows.
MATIC respecting the upchannel; making wave 5 of wave IIIMATIC not yet oversold yet, may retest the low side of channel, then bounce up to make a new high. (wave 5 of wave III)
MATIC LongMATIC formed a base at the lows, broke out and now retesting near $1.75. Think this pullback will be short-lived and we go for the trend line break pretty soon. RSI has already broken the downtrend. We saw this setup back in October.
With the recent $450m capital raise from some of the best VCs and angel investors, it's been given the green light for many that are on the sidelines. No need to overtrade this. Accumulate here and surf the wave over coming weeks/months.
$450m capital raise: techcrunch.com
MATIC 30Min Compare to 1Min structure identicalCompare this 30 min timeframe to the boxed in 1min timeframe….they are playing out identically,. Today down to possibly 175 then back up to consolidating in the 180 range.
maybe a cup and handle Matic maybe builds a cup and handle formation.
Bitcoin is also on the rise right now. This is good for the Altcoins.
MATIC/USDT - Potential 69% SetupHello Traders!
MATIC continues to move in an uptrend. Buyers' base of support is in the range of $1.44 - $1.60
MATIC has strong fundamentals and looks stronger than most altcoins on the market. Polygon is one of the advanced ecosystems competing with market leaders like AVAX, FTM, and SOL.
Entry in purchases can be sought closer to the $1.44 support level
It is safer to place a stop loss under the low of October 2021 - the price level of $1.15
Take profits in the range of $2.21 - $2.45.
It is worth noting that in 2022, the crypto market can expect a broad sideways trend in both Bitcoin and other altcoins. It is worth focusing on preserving your trading deposit and not expecting a quick All-Time High update.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
MATIC Bullish$MATIC #MATIC $MATICUSD
Beginner count Elliott wave.
Impulse wave 3
Use trend base Fibonacci.
I'm gonna follow buy at 2.38
MATIC 15 min detail FEB 13 & 14 - FED Reaction WatchLooking at the reaction areas of the FED anticipation VS announcement. This, on my chart and with how i translate my chart, looks like suppression, which means there is an energy building that could pop with the right statement and ripple effect of that story. Crypto is starting seperate in its sentiement form dollar and service token is starting to seperate from crypto. But Function is still in development. Money is still dollar and psychology will take the people back to the dollar until utility and security are accepted. The good news is that with this growing inflation the dollar will loose value and surviving value will shift to a different form. Chances pushed may lead to leaps forward.
