#MATIC/USDT Ready to go higher#MATIC
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of .4471
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.5090
First target 0.5432
Second target 0.5815
Third target 0.6200
MATICUST trade ideas
Bought timehello friends
Considering the sharp back and forth movement of this currency and hitting a higher ceiling, we expect that it will move to the specified targets now that the pullback has started.
Be successful and profitable.
$MATICUSDT is loadedI believe that the pair BINANCE:MATICUSDT is ready to move up much faster. I propose x10 profit in 3 months.
Does not constitute a recommendation.
#furoreggs #investing #currency #idea #forecast #trading #analysis
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MATIC - The one token to avoid in 2024Last year I wrote the idea:
“MATIC - The one token not to hold in 2023”
It was not a popular opinion. Link to idea below. At the time price action was at 97 cents. Down 13% currently in what was arguably one of the most bullish years for markets those past 30 years.
What of 2024? Nothing good. A weekly death cross is almost certainly going to print by the month of February.
A weekly death cross does not mean price action shall correct immediately, however it is a strong indication of a continuing trend.
At the same time a bearish divergence can be seen as price action appears to recover broken market structure. The 3-day chart below shows this divergence more clearly.
Is it possible price action continues upwards and onwards? Sure.
Is it probable? No
Ww
3-day chart negative divergence
Matic On the daily time frameThe probability of price correction in this currency in the current situation is greater than its price growth.
#MATIC/USDT#MATIC
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the 100 moving average again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.3400
Entry price 0.3900
First target 0.4917
Second target 0.5847
Third target 0.7193
Polygon (POL ex-MATIC) gets increased accumulation: $1 soon?The Polygon token has reclaimed its position in the top 30 cryptocurrencies with a weekly price surge of ~50%. With this, this Ethereum-based Layer-2 altcoin is regaining momentum and preparing itself to achieve a multi-year high this bull run. We at CoinPedia have created an in-depth Polygon price analysis and possible short-term price targets.
After recording a new yearly low, the Polygon price has experienced a strong bullish reversal. This has resulted in this altcoin reclaiming an 8-month high. Moreover, the altcoin is on the verge of possibly breaching the resistance level of the channel pattern, highlighting increased bullish sentiment.
Moreover, with a surge of 143.36% during November, this altcoin has breached its resistance trendline of the descending channel pattern and has further formed an ascending channel pattern. Notably, this altcoin continues trading within it with a constant bullish price action.
The Moving Average Convergence Divergence (MACD) displays a constant green histogram in the 1D time frame. Moreover, with its averages recording a constant uptrend, the Polygon price may continue gaining momentum this week.
Maintaining the price above its support level of $0.690 could set the stage for this altcoin to prepare to retest its resistance level of $0.890. Furthermore, if the bullish momentum sustains at that point, this could result in it retesting its target price of $1.
Conversely, if the crypto market experiences an increase in liquidations, the POL coin price could retest its support level. Furthermore, if the bears dominate the crypto space, the MATIC price could retest its low of $0.50.
MATICUSDTAccording to the supply and demand levels, the probability of reaching targets one and two is less than 6 in my opinion
Will #MATICUSDT Bounce Back or Dive Further? Key Levels to WatchYello, Paradisers! Is #MATICUSDT gearing up for a breakout, or are we staring at another downward spiral? Let's take a look at the #Polygon's latest analysis:
💎Currently, #MATIC is holding steady within a key support range of $0.337-$0.355, a zone that has proven resilient against downward pressure in the past. This is a positive sign, but #Polygon needs to maintain momentum here to validate any hopes of a bullish continuation. Only then can we anticipate a potential breakout from the descending channel.
💎For #MATIC to truly signal strength, it must decisively break above the internal resistance at $0.439. This level is the gateway to bullish momentum. A clear breakout would likely be accompanied by strong, engulfing candles and sustained volume—hallmarks of genuine market conviction.
💎The risk of losing steam is real. Should #Polygon fail to break through $0.439, sellers could seize the upper hand. In this case, the $0.337-$0.355 support zone becomes even more crucial. If this support holds, we might see renewed buying interest and a potential rebound.
💎However, a break below $0.337 would likely send #MATIC tumbling toward the $0.287 demand level. Should it also lose this level, we could be facing a deeper downtrend—marking a pivotal moment for #MATICUSDT’s trajectory.
Don’t let FOMO get the best of you; wait for clear confirmations before making your move.
MyCryptoParadise
iFeel the success🌴
MATIC/USDT (VERY Important Update)I previously shared an analysis for MATIC, and now I’m updating it. The reason for MATIC's price rising while the market volume is decreasing is due to the dominance of the wedge pattern. The chart I’ve shared should not be overlooked at this point. The invalidation level for this Elliott wave count is $0.56.
For those holding in spot, there’s no issue, and there’s no need to sell. For futures, it’s better to observe for a while—neither short nor long. This is not investment advice; it reflects my own opinions and strategy. There are many different Elliott wave counts in the market, and accurately predicting them is truly challenging.
MATIC/USDT (UPDATE)It’s a low time frame count for Matic, providing an updated perspective on what I shared a few days ago.
MATIC/USDTMATIC is behaving similarly to DOT, and a similar structure can be considered as the main scenario for this coin as well. This is not financial advice.
Keep an eye on MATIC!!!Hello, traders!
MATIC has broken above the long-term downtrend resistance, but it still has a few parameters to cross for a bullish confirmation.
1. The 65 EMA is currently holding the price back. MATIC needs to break above it for a solid confirmation.
2. MATIC also needs to close above the previous lower high of $0.536 to confirm a reversal.
Trade Setup:
~ Accumulation Range: $0.35 to CMP.
~ Trade Type: Spot.
~ Target: $1.3 to $2.
Note: Always conduct your own research and analysis before investing.
Trade safely.
Matic Upcoming RallyIf MATIC can hold above the descending channel’s upper trendline, this would suggest that bullish momentum is building. Breakouts from descending channels often indicate a reversal or a shift in trend, so staying above the channel is key.
MagicHello snipers. After the end of the downtrend, the price reached a tough resistance and was able to break it. If the price stabilizes above this resistance, there is hope for a good increase.
Matic abc This is an abc analysis that detects a drop of over -50%.
I am only sharing the analysis result with you.
This could be wrong!!
#MATIC Polygon Primed for a Breakout?This chart illustrates Polygon #MATIC against #USDT on a daily timeframe. After a steady decline, MATIC is showing signs of a breakout from a descending channel, suggesting a potential bullish reversal. The current price is $0.4299, up by 6.73%. The projected target, as indicated by the vertical arrow, points to $1.2827, representing a possible 199.17% gain. This setup presents a compelling opportunity for those looking to capitalize on the next upward surge in the crypto market.
⚠️ All trading ideas are published with a time delay. If you want to follow the trading in real-time, please follow the link:
FULL TECHNICAL ANALYSIS FOR CRYPTO PAIR MATICUSDTHello my wonderful community !
I’m back again
I really appreciate you guys for reviewing my charts
Kindly like and comment on how you feel the market will go , I’m open to learn and communicate with other hardworking traders on here.
The colors for each line/zone
Monthly - Yellow
Weekly - Orange
Daily - Green
4H - Red
1H - Purple
My Monthly chart view:
Ever since 2022, price has been in a downtrend by making Lower highs and Lower lows.
Price breaks a major Support area and turns it to a dynamic resisitance areas.
Take note as price is in a range and respecting the newly formed monthly resistance line (1.2300 ) and support line (0.3600) in yellow
My Weekly chart view:
Going into the weekly TimeFrame, it is truly clear that bears has been in full control of price from mid 2022 until last quarter of 2024,Price is currently not making lower lows and has been ranging
Last week price has reached a strong support area that has been respected for years after being in a downtrend for weeks
My Daily chart view:
Price is in a downtrend after breaking the daily dynamic S/R in green (0.7400) and has approached the Monthly resistance line in yellow.
Looking for buy setups as price has respected that monthly support zone for a stipulated period.
My 4H chart view:
As we move into the smaller timeframe of the 4H period, the market seems to be clearer as we can see another formation of a dynamic S/R zone in red (0.4350) which i will set as my target when we go down further
My 1H chart view:
So I’ll go down into a smaller 1H timeframe and look for buy Setups as bulls seems to be coming in slowing and the formation of an inverse heads and shoulders pattern
To play safe, for me to feel comfortable in capturing a buy setup ,I’m looking for the break of the neckline of the inverse heads and shoulders pattern , cross of the EMAs and volume of bulls coming into the market to put the odds in my favor.
Avoid entry of any trade during any major news that will affect price and this is not financial advise -
NEWSCHOOLTRADER
MATICUSDT - POLUSDT 1H - SL and TP LEVELSPOLUSDT 1H - SL and TP LEVELS
SL: 0.39
BUY ZONE: 0.395 - 0.4
SELL ZONE: 0.45
LONG SELL ZONE: 0.57
There are 2 important things to keep in mind when we want to enter a value:
1. The zones of interest, that is, the prices that may be interesting for us to BUY and SELL. This is the basis for building any strategy.
2. The moment when these levels are reached and their subsequent behavior. If our strategy is correct, we will be in tune with the evolution of the price and we will be able to obtain benefits. If, on the contrary, the price evolves unfavorably, we will have to have an SL that covers large losses.
The first point is relatively easy. We see how the price is behaving and we see where it is going and what could happen if it touches support and/or resistance levels.
The second point is quite a bit more complicated because it refers to the moment in which things happen and the execution of orders necessary for our strategy to develop as we have designed it.
At this point you have 2 options:
1. Use the tools offered by the CEX that allow you to set fixed BUY or SELL prices.
2. Stay glued to the screen of your computer or device 24/7 waiting for the MOMENTUM to happen.
With Tradex Bot, things will happen when they have to happen and not necessarily at a pre-established price. Everything depends on the conditions that you have established for the orders to be executed.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and will soon be ready for BETA testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indications. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
Honestly, I don't feel like explaining, the chart says it all !!As you can see, MATIC has created an ascending Triangle and is also located in the Broadening wedge . , which means that if it breaks, we expect the price to reach the top of the Broadening wedge .
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
MATICUSDT 1D Fibonacci AnalysisMATICUSDT 1D Fibonacci Analysis
The MATIC-USDT pair disappears and is replaced by the POLUSDT quote.
Nothing changes since POL maintains the 1 to 1 correlation with MATIC, but the MATIC price history disappears from the listings...
In order to have a Technical Analysis of POL, we need the MATIC history. Without MATIC data, we will be investing blindly.
Important levels to take into consideration:
SL 0.33 If we lose this price, POL could go to 0.2 without any major problem.
At the moment, it has respected it and could be building a double bottom and at this level, it has marked exhaustion of the selling force below the 15 RSI level.
TP 0.90 if it respects 0.33, POL could reach 0.90, corresponding to 0.5 / 0.618 of the current bearish trend.
MATICUSDT DESCENDING TRIANGLE im not a good trader and im not a pro trader guys. this is according to my knowledge and skills. i hope it might be good.....
