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 MLongby mabvuto19802
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. MShortby Patrick27073
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 managementMLongby HannaGem4
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 priceMLongby ehsan_karbin2221
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.MLongby JSALUpdated 2
MaticusdtMaticusdt form head and Shoulder chart pattern and also rejected from Trendline and resistance So Maticusdt is going to sell properly MShortby Hasnainprotrader0
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. 🌴💰 MLongby MyCryptoParadise1110
🔮 Mamma Mia: Forza Matic!!! 📈Matic sta facendo rumore nel mondo crypto, amici! 🇮🇹 News: Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets (Link: www.coindesk.com) Feast your eyes on the journey from the humble scooter to the roar of the Ferrari, and let's ride the Matic wave with style and speed. Always remember, though: in the race for gains, smart driving beats pure speed. 🛴➡️🏎️ It’s can end up strutting through the markets like a classic Italian sports car - sleek, powerful, and turning heads. 🏎️💨 After a strong rally back into a major channel, Matic is hinting at a bullish aria that could hit high notes we haven't seen before. 🎶📈 Guardate questa! The 3.12 resistance level is our prima donna, a spotlight moment where breaking through could see Matic doubling its applause to a 6.00 standing ovation! 👏 But here's the twist - Matic isn’t just any performer; it's got the backing of Italy's central bank, collaborating on a DeFi project. 🏦✨ Check out this dolce piece for a taste of how Matic is marrying tradition with innovation: Italy's Central Bank Dives Into DeFi With Matic (link above). As they say in Italia, "Il rischio fa parte del gioco" – Risk is part of the game, so manage your portfolio like a fine Italian wine, with patience and appreciation for the journey. 🍷📊 #MATIC #CryptoItalia #DeFi #BlockchainBella #CoinDesk One Love, The FXPROFESSOR 💙 Links: ChatGPT seems to be confident in MATIC’s future – Here’s what it said: ambcrypto.comMLongby FX_ProfessorUpdated 121259
MATIC Breakout to 0.7969 resistance?there is volume on BINANCE:MATICUSDT chart, will breakout to 0.7969 area if the break will experience an increase in the 1.618 fibo area, namely at the price of 0.8397 to the price of 0.9086, then if for a long-term hold it is recommended at the price of 0.9775MLongby zayndbryant1
MATIC → Clear Shot to $1.00!? This Chart Answers that Question.Polygon broke out of the 200EMA resistance and ran to the upside to flirt with the $1.00 price point in mid-November. We've now seen a two-legged pullback from that price and a double bottom seems to have formed. Does that mean we're ready to try for $1.00 again? How do we trade this? We do have many of the required conditions to get long! But we do need to wait on one more condition to give us the optimal probability for our long trade. A bull candle closing on or near its high is the final step and it looks like the current Daily candle could deliver! Once you see that close, it's reasonable to get long and go for a standard 1:2 Risk/Reward ratio, protective stop below the Daily 200EMA and set a profit target around the previous high of $0.95. Also, be prepared for the bullish scenario to fail. Keep an eye on Bitcoin as a leading market indicator to see if it succeeds in breaking the Weekly Resistance. If Bitcoin reverses at the $39,000 - $40,000 level, watch MATIC's response closely and be prepared to get out of your long. Look for a strong bear bar closing on or near its low with followthrough. Trade Idea Long Entry : $0.77 Stop Loss: $0.70 Take Profit: $0.91 Risk/Reward Ratio: 1:2 Key Takeaways 1. Bull breakout of the 200EMA, Trending Bull! 2. Followed by Two-Legged Pullback, Ended Nov 23rd. 3. Double-Bottom Reversal, waiting for close of Strong Bull Candle. 4. RSI above Moving Average and around 55.00. Bias to Long. 5. Watch MATIC and Bitcoin for reversal signals, use caution. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!MLongby TraderEngineering3
Matic/ usdt interesting chart i can count the matic/usdt chart one of my top chart ,testing fib 0.786 level again , with high probability will be one of the top coin winner for coming weeks. very good to hold on spot . Entry : DCA 0.53-0.55 $ TP#1 : 0.78$ TP#2 : 0.92$ TP#3 : 1.05$ will not have any stoploss for now MLongby Captain-MAOUpdated 6620
Matic breakout from descending channelalthough matic has not been in a good move recently, its new breakout form the descending channel shows some momentum to come. target at 0.95 as for t previous closes on 4H candles. MLongby xxr503
MATIC BULLS TO TAKE OVERHello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. MATIC BULLS TO TAKE OVER! As we can see price is still overall bearish making clean lower lows and lower highs! However, price is approaching a massive support zone, where we will be looking for new longs. Meanwhile, for the bulls to take over, we need a momentum candle close above the marked major swing high, Then a movement higher would be expected. If you like this kind of analysis don't forget to like and follow and as usual follow your trading plan and manage your risk. Be patient and good luck!MLongby Hadi_karaali8
MATICUSDT - D1\H4MATICUSDT D1 - The price is in a corrective movement after a strong impulse, the movement may continue to the level of 0.640 from these levels, you can look for a pattern to enter a buy. Or wait until the trend line level is fixed and consider buying. H4 - The price has formed a triangular formation, and potentially a 3-wave formation. You can try to buy from current levels or on breaking through the 1st wave with targets to levels 0.98 - 1.00 What can you expect? After fixing the level of the upper border of the border, the entry can be considered from level values of 0.77 - 0.79. Cancel the idea, return to level 0.72 Long Targets 0.8456 - 0.8764 - 0.9220 - 0.9823MLongby Trade_Hive_Signals5
MATIC USDTMajor Fair value gaps to be filled upside. Downside Liquidity remians. But upside liquidity is huge. Strong holding needed. You cant DCA in 0.72 region. Mby daudbilal450914
buy spot matic matic I see a series of data that the whales are collecting Green range 0.63, if it reaches, I will buy a spot step, medium-term hold They don't care, they can buy some now and don't look at it with the loss limit below 0.5MLongby perspolisii1
Matic Long1D rsi Bounce 50 Play 1hr Div confirmed Double Bottom Confirmed Possible Harmonic Confirmed 1st Wave confirmedMLongby eirolmartin99
MATIC: Pullback in UptrendPolygon (MATIC) technical analysis: Trade setup : Following a bullish breakout from Sideways Channel ($0.50-$0.60), price broke above 200-day moving average, which confirmed a bullish trend reversal to Uptrend. Price reached our target of $1.00 resistance where it got rejected and pulled back. How far could it pull back? The nearest horizontal support area is $0.75, which also lines up with a 50% Fibonacci retracement level and could be an attractive swing trade entry in Uptrend, with upside potential back to $1.00. The next support area after that is at $0.69, which is a 200-day MA level and also a 61.80% Fibonacci retracement level. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $0.75 (previous resistance), then $0.60. The nearest Resistance Zone is $1.00.MLongby altFINS12
#LQR #TOBTC #MaticMatic has a Support Zone around 0.6948 0.6743 which is important watch out for those resistance around 0.7791 - 0.8488 always DYOR! MShortby tobtctrading5
MATIC/USDTI have taken full profits on CRYPTOCAP:MATIC it reached my targets, I had a plan, I stuck to my plan and my cup and handle played out. good game whoever joined! Mby UnknownUnicorn22804749Updated 8
$MATIC Price Action strategy.CRYPTOCAP:MATIC Polygon on the 1-hour timeframe faced rejection near the 50 EMA line (colored red), favoring the bears as the price broke through the previous support and is now approaching the Optimal Trading Zone (OTZ). It is crucial to remain vigilant, set alerts, and be prepared for the price to descend into this zone. As part of my strategy, a confirmation for a double bottom pattern will be considered if the price closes inside or above the OTZ. This confirmation will serve as the trigger for initiating a CRYPTOCAP:MATIC trade.MLongby LimitlessRx80
Long Matic BINANCE:MATICUSDT Hey, I think it is worth it to take this trade, Harmonic pattern and Wolfe Wave at the same point, and we had breakout the channel already, UNLESS BTC has different opinion.MLongby jr3bady2