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MATIC Network / TetherUS

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MATICUSDT trade ideas

MATIC - will there be further increases?Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
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by cryptodailyuk
1
MATIC: Both Scenarios Are PossibleMATIC: Both Scenarios Are Possible Considering Matic's price position, both scenarios are possible. If the price will develop below the red zone of 1.0940, there is a higher chance of falling again. If the price bounces above 1.0940 then it will continue with a bigger bullish move. So for the bullish move is required confirmation. In my opinion, it can move down with the sell-off that BTC can create during the bearish correction. The market is not stable yet. You may watch the video for further details! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
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by KlejdiCuni
2
Matic vs TetherMATICUSDT BINANCE:MATICUSDT ⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities. ✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
MShort
by Arash-RK
Polygon (MATICUSD): EXTREME Potential Long-Term Opportunity Matic presents a similar narrative to PolkaDot BINANCE:DOTUSDT . Since the low, marking our Wave (2), we find ourselves engaged in an overarching Wave (3). Currently, we're contemplating a completed Wave 1 scenario, and the path ahead entails a Flat correction for Wave 2. This Wave 2 correction is anticipated to pivot between 50% and 78.6%. A breach beyond the 78.6% level could lead to a decline towards the $0.50 mark. If this level is breached, further downward movement may unfold, painting a bearish scenario. Nevertheless, a positive turn within this range could pave the way for an upward journey towards $2.50. :stock_up: We possible could never see this opportunity and price ever again. So load up your bags!
MLong
by freeguy_by_wmc
Matic: Almost Ready To Rise AgainMatic: Almost Ready To Rise Again From the previous analysis, Matic found a strong support area near 0.7300 as expected. The price looks like it is close to the end of the correction and we can see a bullish move happening soon. The targets we are looking at are realistic targets and the price tested these areas one month ago. It is possible that Matic may test 0.7673 before it moves higher again. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
MLong
by KlejdiCuni
1
MATIC/USDT 4HInterval ChartThe last one in today's list is the MATIC chart in the USDT pair, like its predecessor on a four-hour interval. First, we will use blue lines to mark the upward trend channel in which we could observe an attempt to break the price down, but as it turned out, it was a false break after which the price returned to the channel and started dynamic growth, creating an upward trend line along which moves. Moving on, we can move on to marking the resistance points. And here, as the first one, we have a strong resistance zone from $1.01 to $1.09, which is the place of the last price hill, and the current place of struggle, when the price breaks out of this zone, it may result in a quick move towards the resistance at $1.34. Looking the other way, we will determine support areas and here we can determine the first support at $0.93, then the second support at $0.83, and then the third at $0.77. After turning on the EMA Cross 10 and 30 indicator, we can see how they continue to indicate that the current uptrend is continuing. Please look at the RSI indicator, because despite the increases, there is room for a potential further upward movement, while when you look at the STOCH indicator, you can see a movement above the upper limit, which often leads to a reduction in growth or a correction.
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by cryptodailyuk