Matic rejects monthly and more yet cup and handle formsMatic rejected the monthly resistance as well as the .382 fib. This consolidation is fairly close to a key area for forming a cup and handle as well. RSI is falling but still remains on trend. Volume is on a longer time frame relative high. The dotted line is a likely bounce zone in my opinion. I think we see another test at .9 (and fib) soon. With 1.20ish by end of year if BTC behaves.
MATICUSDT trade ideas
a quick review of maticusdtfirst and foremost it is necessary to talk about the current situation of the market.
we witnessed a huge fluctuating price in the last 1 week however it is obvious that the mark decided to go for the downward trend.
additionally, matic has engulfed a very important support area there will always be a reaction toward an enormous support of the market that may have resulted in a short-term upward trend.
eventually, because of the massive fall of the matic, there is probably more seller pressure between 0.9874 $ - and 0.7870 $ so I prefer to get prepared for a sell position this month.
MATIC/USDT Poised for an Upward Trajectory? 👀 🚀 MATIC 💎 Paradisers, it's time to focus on MATICUSDT as it exhibits a promising shift, breaching the supply threshold with a bullish trend in sight.
💎 MATIC has been consistently overcoming a descending trendline, propelling upwards. Currently, it's navigating past the supply level at .7007, hinting at a heightened likelihood of a bullish trajectory as the supply zone transforms into a stronghold of demand, bolstering the bullish sentiment.
💎 Should POLYGON falter in its ascent, we foresee a potential bullish resurgence from the demand zone at .5998. However, a dip below this zone could signal a bearish downturn.
MATICUSDT - BearishMATICUSDT.P is trading in symmetrical triangle pattern and recently, it seems that the Buyers may be getting exhausted as the pair has started to find support within the pattern. Additionally, the current price action is forming a Bearish divergence, which suggests that Sellers may be preparing for a significant downward move.
Will the Bears regain control and push the price Lower?
do we have 15% for this? Hi, this is will be the last one I will post here.. thank you all for read my analysis always
any way this is will be update for MATIC and we can update when price touch 0.7074 goodluck all...
Matic polygon, Get up nowPolygon (formerly known as Matic) is a Layer 2 scaling solution for Ethereum, designed to improve its scalability and reduce transaction fees. The Polygon network has its native cryptocurrency called MATIC.
MATIC tokens play a crucial role within the Polygon ecosystem. They serve multiple functions, including:
Transaction Fees: MATIC is used to pay for transaction fees on the Polygon network. This is significantly cheaper than using Ether (ETH) on the Ethereum mainnet, making it more accessible for users.
Staking and Governance: MATIC holders can participate in the network's Proof-of-Stake (PoS) consensus mechanism by staking their tokens. In return, they can earn rewards and participate in governance decisions that affect the network's future development.
Security: MATIC tokens are used to secure the network by staking. Stakers are incentivized to behave honestly, as they have a stake in the network's success.
DeFi and DApps: MATIC tokens are widely used within the Polygon ecosystem for various decentralized applications (DApps) and DeFi protocols. Users can use MATIC to interact with these applications, trade on decentralized exchanges, and more.
Overall, MATIC plays a pivotal role in making the Polygon network efficient, cost-effective, and attractive for developers and users looking for scalable solutions on the Ethereum blockchain. Please note that cryptocurrency markets and technologies can evolve rapidly, so it's essential to stay updated on the latest developments and use cases for MATIC tokens.
MATIC/USDT challenges in breaking through the crucial resistance💎 MATIC has undeniably captured significant attention in the market. Presently, MATIC is encountering challenges in breaking through the crucial resistance level. The presence of several bearish rejection candles at the resistance level suggests that if MATIC fails to breach this barrier in the near future, the price may undergo a decline, returning to retest the demand zone to generate new momentum.
💎 However, if MATIC successfully breaks out of the resistance level, a substantial upward movement is anticipated, probability reaching our target area.
💎 In the event of a retesting phase at the demand zone, if MATIC struggles to maintain its position and undergoes a breakdown, there is a likelihood of a bearish reversal. This could lead to a retracement to the next lower-demand area.
💎 In this scenario, a bounce is required to reclaim the area around $0.805 to resume the upward movement. Failure to reclaim the area may result in MATIC continuing the downward trend and returning to the strong support area.
Last update Matic Matic now is around 0.89 please buy and she can move to 0.86 buy more, then wait it at 0.95 its a sure target remember this post.
Last update for MaticBuy Matic now is around 0.9240 soon we will see it at 0.95 so buy please if it goes down it will be a good opportunity to buy more cause the target of 0.95 is sure
MATIC shortMATIC bounced off the upper boundary of descending channel. Asset bounced off the resistance level. Bearish movement to support level 0.87 is expected to happen.
Last update for MaticNow Matic is around 0.92 Like we said before we are waiting Matic at 0.95 so buy please
MATIC +970% BULLISH#Matic is on the Verge of a massive Triangle Breakout on the Macro TimeFrame Chart, so keep an eye on it.
#LQR #TOBTC #MATICFast Scalpe Short level around 0.9528
You may add this to you'r watchlist and take you'r Profit with Trigger
ALways DYOR
Last update for MaticMatic now is around 0.92 we will see it soon at (0.95-0.96) remeber any goes down is an opportunity for buy more believe me
MATUC/USDT Currently at a highly respected level -Make or Break-Bullish scenario:
Price brought up by a parabolic move, played out from a " textbook " Adam & Eve pattern , which has lead the price to currently break through resistance. Waiting for a breakout, fully gaining, to continue moving towards the upside, might look to place a long order when price retests the breakout.
StochRSI shows a reversal @50.82 which indicates that there's some bying pressure comming back.
* ADVICE : Trade Safe, and place NO TRADES without proper Riskmanagement!
PS: Carefull if you trade patterns, they don't always play out the way you'd want them to!
🌟🔄 Pre-Bull Warm-Up (63%) or Pre-Bubble? (27%) 🎈Hi everyone,
It's time to buckle up as we enter what looks like a Pre-Bull market - that electrifying phase where altcoins start flexing before the full-blown Bull Run! 🌱➡️🐂 We've broken free from the channel's grasp and altcoins are hinting at an imminent lift-off beyond the Fibonacci 0.618 level. 🚀
Here's the scoop: The Total 3 market cap is teasing us at the $383 billion edge, and we're betting there's a 63% chance it'll break through and chart new heights. ✨
Let's not neglect the 27% Pre-Bubble scenario so know the support and reisstnace levels (chart will follow).
On the frontline, Bitcoin is pacing sideways, but don’t let that distract you; select alts are sprinting with random pumps that can't be ignored. 🏃💨 It’s time to get strategic with those altcoin charts and fundamentals! 🔎📈
Ethereum is wrestling with the $1.905 resistance, but the spotlight is on OP, already showcasing a bullish breakout. Seems like a smarter bet right now, offering more upside than Ethereum. 🎲✅
Cardano is surging with ambition towards 40 cents. Will it smash through to reach for 68 cents? We’re keeping our eyes peeled. 👀📈
Our love affair with STX continues as it pledges long-term gains, setting a dreamy target of $19 on the horizon. 💞🌈
1INCH is currently tangoing with channel resistance, prompting us to pocket some profits while we scout for the next entry beyond 0.36. It's all about timing and precision here! ⏰🔑
Metaverse aficionados, take note: SAND may soon outshine AI as it teases a breakout above $0.3783. Will the metaverse reclaim its throne? 🏰💥
Matic’s return to the channel spells a rendezvous with $3.12, and whispers of a climb to $6 - sounds like a family-friendly investment, right? 🧑🤝🧑💼
Let’s gear up for an exciting pre-bull spectacle in the altcoin arena and ride the wave of early gains! 🏄♂️💰
One Love,
The FXPROFESSOR 💙
will post all these charts today, i know how you like them but remember to leave a like and a comment
Matic trend line retest and longBit risky trade idea, need to see clear retest and MSB on 1h, with bullish RSI shift.
but RR is there, lets see what next week brings
MATIC redistribution?The example redistribution chart is from this article:
stockcharts.com
I like the similarities. I've been trying to make sense of MATIC chart for some time. This is my best bet as of now.
Personally got a small short from 1.204.
$MATICUSDT: 3000% potential upsidePolygon, as an Ethereum scaling solution, addresses scalability challenges by offering a Layer 2 scaling solution. It enhances Ethereum's throughput and reduces transaction fees by enabling faster and more cost-effective transactions.
Polygon achieves this through its sidechain architecture, allowing decentralized applications (DApps) to operate efficiently while benefiting from the security and decentralization of the Ethereum mainchain.
This scaling potential positions Polygon as a practical solution to enhance the overall user experience and alleviate congestion on the Ethereum network.
In tandem with its fundamental strengths, the technical chart for MATIC/USDT on the quarterly timeframe adds an intriguing layer to the narrative. The Time@Mode signal suggests a potential rally of 3000% or more by 2026, provided that it crosses the 0.9319 level during this quarter (likely happening today) offering a compelling outlook for investors.
This harmonious blend of technical and fundamental aspects creates an optimistic scenario for MATIC's future. Best of luck navigating these exciting market dynamics!
Cheers,
Ivan Labrie.
Empty seller in low levelAnalysis 📈 = when in flag down in bullrun if to low support level since for buy.
(Buy/Sell) 📊 = 0.6150$
*-Stop Loss = 0.5948$
*-Take Profit 🎯 = 0.6568$ - 0.6979$ - 0.7322$
*-Risk Management 🚧 = 3%
👨🎓 Experience and Education: Our trading team has five years of experience in financial markets, especially cryptocurrencie
