MATIC/USDT Anticipating a Breakthrough Above Resistance? 👀 🚀 💎 Paradisers, focus on #MATICUSDT as it's showcasing a promising market behavior. Following a rejection at resistance, it is now regaining strength in a demand zone, preparing for another shot at breaking through the resistance, with a bullish move highly anticipated post-breakout.
💎 Reflecting on #MATIC past performance, it has shown a consistent pattern of following a descending trendline before breaking above to initiate an upward trend. Currently, it is maintaining strong momentum, signaling an equal low trajectory and gearing up for a potentially robust bullish move. If this upward momentum is sustained, #MATIC could be eyeing higher resistance levels at $.9819 and $1.2425.
💎 However, in the dynamic and often unpredictable world of cryptocurrency trading, #Polygon traders must stay prepared for various scenarios. If the present breakout effort doesn’t gain the expected traction, a prudent fallback strategy would involve preparing for a bullish recovery from the demand level of $0.7722. 🌴💰
MATICUSDT trade ideas
MATICUSDT - Sideways MovementMATICUSDT is moving in sideways directions. Don't get confused with too many lines. S1, S2 and S3 represent three Support Levels (Green Lines). R1, R2, and R3 represent three Resistance Levels (Red Lines). Place these levels (orders) simultaneously, when one order type is filled cancel the other one. Make sure these orders are Buy Stop and Sell Stop Orders. Take Profit levels are defined with Yellow Lines. The risk-reward ratio is always 1:2.
MATIC: $14 long term (or crazy $87) - What do you think?
Again combining two Fibs.
Connecting 2021 bull market low to high
Connecting 2022/23 bear market high to low
It gives me $14 as the last target on weekly timeframe.
14 dollars with the current circ. supply would be a cap of 130 billion.
PS: I am not using default Fib levels of Tradingview.
MATICUSDT Idea - MATIC NETWORKGreetings, traders,
There exists potential for an upward movement within the following price ranges:
1. $0.8600
2. $0.8850
3. $0.9000
This is contingent upon successfully breaking the resistance line at $0.8180.
It's crucial to emphasize that the validity of the resistance break is confirmed with the acknowledgment of breaking the resistance line.
Best of luck in your trading endeavors.
BINANCE:MATICUSDT COINBASE:MATICUSD
⚠️ 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.
MATIC short - swing trade MATIC trade is going nicely so far. Expecting some retracement around these levels and will look to open a new position IF the market gives us an entry.
Overall trading plan remains the same until proven otherwise.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
MATIC Key Weekly Levels Weekly levels (lines are more like areas or zones) of support and resistance to watch for the future.
MATIC Doesn't look goodLose the rectangle box, and MATIC doesn't look so good. Red line could be next very fast
Matic 1D OutlookThis is a hodl swing trade
The moneyflow is moving to positive.
The momentum waves are moving up.
RSI through the roof.
1 Day chart
Golden Pocket 618 target 77% gain
Take profit at .8959 for 37% gain
Patience is key.
Dont give up.
MATIC Awakens: 70% Rip Higher, First Target in Sight!
MATIC Unleashes the Beast: Breaks Downtrend, Soars 70%
Buckle up, MATIC bulls! After slumbering in a downtrend for 239 days, MATIC has finally awakened with a vengeance, exploding 70% higher. This bullish surge is fueled by roaring buying volume, a clear signal that hungry investors are snapping up MATIC like hot cakes.
First Stop: 1.1881, Buckle Up for More?
If the bulls keep pushing, the first target of 1.1881 is well within reach. Smashing through this level would unleash another wave of bullish euphoria. But even if MATIC takes a breather, the Fibonacci time trend hints at a mere pit stop before the next leg up.
Key Levels to Watch:
0.9476: Must-hold support. Failure to reclaim could lead to a range-bound market.
1.1881: First target, a breakout would be super bullish.
1.4984: Ambitious target if Bitcoin cooperates and joins the party.
Remember, this is technical analysis, not a crystal ball. But with the downtrend shackles broken and the bulls in charge, MATIC's future is looking brighter than ever. So grab your space suit, strap in, and prepare for a wild ride!
I've incorporated your points about the bullish signals and potential rest period, emphasizing the key levels to watch and adding a touch of excitement to the narrative. Let me know if you have any further requests!
Clean Bullish move for $MATICNever tremble when I say buy CRYPTOCAP:MATIC
Past successful historical calls by me should motivate you to hold lots of #MATIC
Trend looks super clean, I'm looking forward to breaking the red resistance line soon to fully crack the shell for the bulls to run out.
#Polygon
Swing failure shortWeak name while BTC and ETH are ripping higher. If those two start having some consolidation or a few down days, this could drop significantly.
Stop @ 0.88 or if price starts accepting above 0.82 will be cutting this trade.
Targets @ 0.72, 0.66, 0.60, 0.50
Matic potential upsideMatic has formed a strong support, and coming back for a retest. The Stochastic is nice and low and ready for an upturn. RSI still below 50 and pointing down, waiting for a confirmation to enter here, RSI to turn up and hopefully break 50, a nice strong rejection candle at the support and then we are good to go for TP1 and TP2. Will also be keeping an eye on BTC just before I enter.
Polygon Matic Bullish SignalPolygon Matic crossed the 200-day exponential moving average on 7th November, 2023. It ran up to 0.98 then came back to retest the 200-day exponential moving average from 22nd November through to 28th November. Polygon has since had five green Heiken Ashi candles above the 200-day exponential moving average. I'll start buying into Matic, with minimum leverage and a stop loss below the 200-day moving average. The next area of resistance is at 1.15, at which point I consider taking some profit off the trade.
What do you think of my idea? Hit me in the comments and thank you for reading
MATIC short - swing trade Shorted MATIC on its failed break. Let's see how we play out from here.
IF we deviate and confirm breaking lows it should happen soon.
Clear invalidation and stops above the current highs. Reclaim and the trade idea is cancelled.
Targeting the liquidity sitting around 0.60$.
Let's see what pa gives us as we are in the weekend.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
MATIC Matic is in great position to go up.. don't lose it BINANCE:MATICUSDT .
Of course, before taking any action, Consider risk and fund management
MATICUSDTBecause the price of liquidity has swept 0.50, we expect the price to go up towards the ceiling.
However, I have highlighted the important areas in price
MATIC keep bouncing off 78.6 FIB, preppin for UPSIDE.MATIC, keeps touching the 78.6 FIB level -- and it keeps being rejected to the upside. This convey a strong order block support at this range.
Expect matic to go horizontal for a bit before a significant price change to the upside. The squeeze to the upside is imminent.
Spotted at 0.98
TAYOR.
MaticusdtMaticusdt form head and Shoulder chart pattern and also rejected from Trendline and resistance So Maticusdt is going to sell properly
MATIC/USDT Navigating the Bullish Wave? 👀🚀MATIC Today Analysis💎 Paradisers, set your sights on #MATICUSDT, as it weaves an intriguing narrative in the crypto arena. Grasping a pivotal support level, MATIC teases us with the high prospects of an upward ballet.
💎 Let's rewind a bit recently, #MATIC has shown us its flair for breaking resistances and gracefully leaping upwards. But after a slight stumble at the resistance of $.9811, it's back in the game, retesting what was once a barrier but now serves as a springboard a transformed support.
💎This dance above the support line is not just movement; it's a crescendo building up to a potential leap. #MATIC, with the poise of a seasoned performer, is eyeing the resistance once again at $.9811, and who knows, it might just pirouette to the lofty target of $1.1868.
💎But Paradisers, the market is an unpredictable stage. Should #MATIC falter in its upward choreography and dip below this critical demand, #POLYGON enthusiasts must brace for a different rhythm. A fallback plan? A potential bullish resurgence from the wings at the support level of $.7244. However, a dip below this mark might dim the spotlight on the bullish trend. 🌴💰
