matic sell side There is liqudity present downside so market will move downside to sweep tht liqudity
MATICUSDT trade ideas
MATICUSD - Strong Horizontal Support LevelExcluding the low at the labels price .31, MATIC has reached a strong horizontal support level that has seen bounces off it repetitively.
As I think we are entering a larger bull market this could be a great entry point for the bulls.
Simple Support Analysis.
Daily Chart.
MATIC: Superhero of EthereumWe find ourselves at the end of the road fellas. It's pretty simple actually.
1. We break up soon and enjoy a nice alt season
2. We break down and all hell breaks loose
Stay safe, make sure to set stop loss and may the lord have mercy.
Non financial advice.
BINANCE:MATICUSDT
MATIC Weakness: 2-Year Pennant BROKENAfter a massive pump last cycle, MATIC is one of the weaker bigger alts on the market. It has given away all of the gains made since the October 2023 bull move and is not looking like it will stop dumping. The pennant pattern that has been holding for over 2 years has been broken.
I'm looking at the yellow area for a potential long-term entry. Patience is key.
MATIC Network AnalysisMATIC not only performed exceptionally well in the previous bull market but also held up strongly compared to other altcoins in the bear market. I consider $0.37 as the main support level, with ultimate targets of $3 and $10. DYOR
✴️ Polygon (MATIC) Lower Low 30% Drop Before Bullish WaveNotice how yesterday's session is not that strong—Polygon (MATICUSDT).
Notice how today we have red rather than green.
This level of weakness implies that a new low is likely coming in the following weeks and that is something that we have been expecting and welcome because there will be better opportunities when prices are low.
Imagine buying at the market bottom and enjoying GREEN/Up for the entire 2024/25 bull-market. As soon as you buy, prices grow.
👉 For this to be possible patience and experience is needed and of course, we have to wait for the correction bottom low.
Q: How do we know that the market is moving lower?
A: We do not know.
What we know is what the chart is saying now... The market has been moving down since 13-March and this down-move seems to be reaching its end, according to what the chart has to say.
👉 Remember, if you are a beginner, you can just hold and buy more once support is reached.
For beginners, the best course of action is "buy and hold." That is, buy and if somehow you made a mistake just wait and buy more each time prices drop. This is how I personally do it for long-term success and gains. This is not financial advice of course and you need to do your own research.
The reason why you need to do your own research is because of the risk; money can be lost. If you lose money, that is your responsibility because you did the clicking, you made the decision. Here we all share information freely yet we are all adults.
Keep in mind that the market can quickly reverse and move up rather than go down and I can be completely wrong, this happens all the time.
We are reading the charts and using our knowledge and experience to make predictions. Sometimes we simply translate what is written on the chart.
Sometimes we get it right, other times we get it wrong.
All the professional traders in the world will easily tell you that the true winners are not those that have a 90% success rate but rather those that have a winning strategy and those that know how to take a loss.
... More?
Leave a comment and I shall expand.
Thanks a lot for your continued support.
Namaste.
MATIC - Ranges overview (update) Here is a quick look at the current pa on MATIC.
As we noted last time, IF we fail to break and hold above 0.75$ expect us to trade back towards the sellside liquidity resting around 0.5835$
We got the bearish move so let's see where the market wants to go from here.
IF we fail to reclaim the highs expect further pa to the downside.
IF we reclaim and hold expect us to head towards 1.1710$
Be PATIENT and let the MARKET COME TO YOU
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.
Can we get a golden opportunity soon?So there are a few things that I noticed, and it could be a great opportunity to consider either SPOT or FUTURES trading. As you can see BINANCE:MATICUSDT was holding an uptrend channel it has been a good support since June 2022. Looks like it is breaking down which is a very bad sign to go down further, but there is a major support zone at 0.3-0.35 area. This support zone must hold it otherwise we might even see a 0.05 area. The closing candle around 0.485 will be 3rd BOS (break of structure), and confirmation to continuously
go down. I will consider Long trade around 0.3-0.35 area.
15min MamticLooks Bearish for a nice short scalp to the downside. expect all vector zone to clear on the way to the golden pocket fib. Lots of confluence here
MATIC IS AT CRUCIAL SUPPORTMatic is trading at a crucial support level and needs some buyers to come in or we can move much lower. Great area to DCA and hold if you believe in this company long term.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only .
MATICUSDT %500 Hello everyone, my expectation from the POLYGON chart, which I have been following for a long time, is a "500%" net increase.
The investment decision is yours.
My investment plan is to make 2 leveraged purchases in the $0.44-0.45 range.
My target is around $2.80, which is the peak price of the chart in the medium term.
My stop is at $0.35.
Good luck everybody. Thanks
#LQR #TOBTC #MATICin chart , Those fibonacci level are play as great support for matic which is enough for plan in spot
add this to you'r watchlist
BB + CCI + RSI + S/R strategy PortfolioOpen a Long Position when:
The asset is oversold (RSI less than -100 and moving up).
The RSI is below 30 and moving up.
The asset is hitting support.
Open a Short Position when:
The asset is overbought (RSI greater than 100 and moving down).
The RSI is above 70 and moving down.
The asset is hitting resistance.
Matic Symmetrical TriangleLong Matic Symmetrical Triangle setup that is years in the making.
Stops Under 0.5
MATIC/USDT Daily Technical AnalysisBINANCE:MATICUSDT
The chart is a daily chart of MATIC/USDT (Polygon/Tether) .
Here are some key observations and technical analysis based on the chart:
1. **Current Price**: The current price of MATIC is around 0.5851 USDT.
2. **Demand Zone**: There is a highlighted demand zone below the current price level, indicating potential support where buyers might step in.
3. **Supply Zones**:
- Around 0.9789 USDT: This is a significant supply zone where sellers might exert pressure, potentially causing the price to reverse or face resistance.
- Around 1.2900 USDT: Another supply zone where significant selling pressure can be expected.
4. **Volume Profile**:
- The volume profile on the right side of the chart indicates areas with high trading volume which act as support or resistance. Notable volume nodes are visible around 0.6200 USDT and 0.6798 USDT.
5. **Fibonacci Levels**:
- There's a Fibonacci retracement level around 41.52% and 58.48%, possibly aligning with the supply zones.
6. **Price Action**:
- The price has been in a downtrend since early April.
- There are marked POIs (Points of Interest) at 18, 21, 22, and 23 levels on the chart, which might represent significant areas of support/resistance based on historical trading activity.
### Technical Indicators and Strategies:
- **Support and Resistance**: Watch for price action around the demand zone and the supply zones. The demand zone below the current price could act as a strong support level.
- **Volume Profile**: Areas with high volume can provide additional confirmation for support and resistance levels.
- **Fibonacci Retracement**: Use the Fibonacci retracement levels to identify potential reversal points.
### Potential Trading Strategy:
- **Long Position**: If the price shows strong support around the demand zone and begins to rise, it could be an opportunity for a long position, targeting the nearest supply zone (around 0.9789 USDT) for profit.
- **Short Position**: If the price fails to hold the demand zone and breaks below, consider a short position, targeting lower levels such as 0.4900 USDT or further based on the downtrend continuation.
### Summary:
- **Current Support**: Around the demand zone below the current price of 0.5851 USDT.
- **Current Resistance**: Around the supply zones at 0.9789 USDT and 1.2900 USDT.
- **Volume Profile**: Key levels to watch are 0.6200 USDT and 0.6798 USDT.
- **Trend**: The overall trend appears bearish, with a potential reversal if strong support is found at the demand zone.
MATIC polygon analysisThere was a fall alert from about $1.20 because btc said so.
I assumed that, you didn't know that? Then I know you didn't follow my btc analysis.
Matic tells us what the market situation of other coins will be in the near future.
A 30% drop is not surprising, we exist in a pyramid scheme, this is normal.
My real giga deal is point c, not the giga level in the analysis. If this level is reached, it is perfect. btc decides where point c lands!!
I could be wrong, but it could be absolutely true
MATIC is illI've waited for ages for this matic setup to squeeze, but for some reason its doing the opposite of what i expected.
As you can see it had an initial fake out for the bulls, is it going to double fake out and still go bull?
This is looking bad so far for MATIC.
I'm looking for an entry on a small move up. It's looking like BTC is about to crap its pants and take down the alts.
One thing is for sure, i aint touching matic longs.
$MATIC looks good!#MATIC looks good, the support is stable and it looks good for the next bullrun, first scenario is that it can re-test the resistance line, but if it breaks it it will explode
#MATIC/USDT#MATIC
The price is moving within a descending channel pattern on a 4-hour frame, which is a retracement pattern
We have a bounce from a green support area at 0.6000
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.6270
The first target is 0.6582
The second goal is 0.7218
The third goal is 0.7742
Matic #LONG #VIRAL # IDEAMatic is on the brink of a major price surge, indicating a favorable opportunity to enter a long position and benefit from the anticipated upward movement.
Potential $MATIC SetupYou should be able to understand what I've drawn on the chart, else I'd recommend u not even think about taking the setup
