Polygon (MATICUSD): On the way up! 📈Polygon (MATICUSD) : BINANCE:MATICUSD
Since our entry into Polygon, also known as MATICUSD, we've seen a 35% increase, and we're optimistic that we've successfully concluded Wave 2 and are currently in Wave 3 in red. Since then, we've adjusted our stop-loss, secured profits, and set the stop-loss at our entry price. We're going to let the price run and see how it unfolds. We don't anticipate a downturn in the coming weeks; rather, we see the potential for a significant upward breakout before any correction occurs—where and when it will happen remains to be seen.
We believe that we should at least reach $2.50 in the overarching blue Wave (3), that you can see on the daily chart.
For the subordinate Wave 3 in red, where we made our entry, the target is considerably lower, but we plan to hold for longer since we don't expect to return to this price level in the near future, assuming we witness a significant upward breakout. This outlook is reinforced on the daily chart by the red Wave 3 we're discussing, which is part of the blue Wave (3) that should range between $2 and $4. $2.50 is an especially interesting level for us to reach. It's a long journey from our Wave (2) bottom at approximately 50 cents, a level we don't foresee revisiting.
MATICUST trade ideas
Matic Price Analysis: Is $1.800 - 2.000 Range Within Reach?MATIC has the potential to rally to the $1.800 - 2.000 range if it can break through the resistance area at $1.40-$1.50. However, traders should be mindful of the support level and technical indicators before making any investment decisions.
MATIC... coming soonMATIC breakout from a so called " inversed head n shoulder" pattern formation. which resistance 0.90-1.00 turned support.
so far price re-test still able to supported well.
weekly closed bullish.
MACD momentum still strong.
next resistance 1.40 , 1.70
#MATIC/USDT LONG#MATIC
Since the beginning of the year, the price has been moving in a descending triangle.
The support was adopted on the lower border of the triangle.
Now the price is about to increase this model.
Price Now 0.8282
First Goal 1.222
Second goal 1.578
Representing 200% of the current price
You should pay attention to the rebound points.
MATICUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: Market and lower
Targets: 0.9 - 1.2 - 1.4
after first target reached move ur stop to breakeven
Stop: ~0.52 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 4
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
MATIC 44-61$Now the price is in the asset redistribution zone of 0.4238-2.1520
The price of the volume of this redistribution is 0.8450
The price of the total volume is 0.0218
There are already 3697 between them%
Expected growth 44.7959-61.4676
From the current value, another 3,600%
MATIC/USDT/12HHI HUYZ
After the formation of a triangle pattern, the price has been able to cross its dynamic resistance, in fact, it has pushed the ceiling of the triangle upwards
Also, looking at the price chart, we can see that after breaking the dynamic resistance, the price had a pullback to the broken area.
Also, by examining the price floors, we also notice the formation of two valleys
It is expected that the price will continue to rise up to the range of 1.3 to 1.4 because in this range we will see the formation of the neck line of the Dodre pattern.
The range of resistance can also be considered 1.5, which can be expected to start a correction process when the price meets this area.
MATIC Price Bullish Breakout, Eyes $1.33-$1.50 ResistanceMATIC (MATICUSDT) is currently trading at $1.16 and appears to be on the verge of a bullish breakout. The token's immediate resistance level sits at $1.33-$1.50.
A successful breakout above this resistance zone could propel MATIC to a higher price range of $1.33-$1.93.
Note: Conduct own research before making any investment decisions.
Matic on the monthlySee Matic post. incredible growth from launch and last bullrun 2020. keeping a close eye on this one , but many run in the bullrun its whats left after the dust settles that matters.
Matic hard run.Matic only dropped 87% in the bear market compared to 90 to 99% drops by other top 50 coins. but compared to its launch price, (see full chart) Matic showed strong relative support during the entire bear market, see its broadening structure widening out, when it runs its gonna run hard well past last bull markets ATH, being a layer 2 are 3 scaling structure for ETH, and same for BINANCE coin is gonna be around for a long time, just look at its last bull market move CRAZY growth. Exciting time to be in the markets.
$MATIC to Continue Parabolic RallyCRYPTOCAP:MATIC Consolidates before Parabolic Rally
The price actions appears to be testing new support before continuing epic rally. Do your own research.
MATICUSDT → Breaking through triangle resistanceBINANCE:MATICUSDT is forming an attempt to change the trend. The price is testing the resistance area of the descending triangle. A consolidation above the key level may start a strong distribution.
MATIC price is still in a bearish trend amid a strong cryptocurrency rally. For the last few days, the coin has been forming a resistance retest and is currently consolidating above 1.0303, a level that now plays a key role. If the bulls consolidate their positions above this level, they will form a potential for further growth of 20-50%. The first target is 1.1990, then 1.5490. On the weekly timeframe we see that the price realizes growth inside the range, the target of which is resistance.
Support levels: 1.03030, 0.9849.
Resistance levels: 1.1990, 1.5496.
The coin is breaking the resistance, but it is still under the pressure of sellers. If buyers consolidate their positions above 1.0303, form the so-called local bottom, strong growth awaits us in the medium and long term
BITSTAMP:BTCUSD CRYPTOCAP:TOTAL2 BINANCE:MATICUSD
Regards R. Linda!
MATIC/USDT A fantastic opportunity LONG trade!BINANCE:MATICUSDT The weekly chart has recently breached a significant resistance level, with the price now trading above it. This sets the stage for a promising long trade, with a potential target price ranging between USD 4 to 5.
#MATIC/USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $1.1668
Take profit 1: $1.5055
Take profit 2: $2.5197
Take profit 3: $5.0244
Stop Loss: $0.7197
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
MaticIt seems Matic had been completed a 4-wave as a Triangle and it is preparing for starting a rally from 1$ to 10$. It is not Buy signal and just personal idea. Be careful.
#MATIC #MATICUSD #MATICUSDT #Polygon #Short #ShortSetup #Eddy#MATIC #MATICUSD #MATICUSDT #Polygon #Final #Update 'C' #Short #ShortSetup #Eddy
I'll Think Its Time to short Crypto ;-)
It's My New short setup on Polygon Matic <3
We are in the heavy supply order block range of the daily time frame, which is in the heart of the order block of the weekly time frame!
You also enter into sales short positions after checking the multi-time frame and getting the necessary approvals & at your own risk.
Related Analysis of Polygon Matic : (( MATIC/USDT )) : Check Link :
Polygon Matic Short Setup in #Update 'B' : (( MATIC/USDT )) : Check Link :
(( We got 19% profit in update 'B' ))
A short setup for MATICUSDT (weekly TF)A clean confluence of fibonacci, VAL, horizontals on the price of 1.1930. The level can also be associated with a liquidity grab.
It is indeniable that this level is strong as Dwayne "The Rock" Johnson. High probability that this level presents a good short setup as invalidation is clear and downside is big.
Invalidation is if price come barging through the level with high amount of volume.
MATIC BULLISH SUPER BULLISHMatic looks super bullish. Once it escapes his range it will make fireworks.
Enjoy the ride.
MATIC Analysis: An Opportunity for ProfitHello friends!
Today, I want to analyze a popular cryptocurrency called MATIC (Polygon).
Hot MATIC News:
Recent news about MATIC could be a sign of price growth for this cryptocurrency.
• zkEVM update: This update can significantly increase the speed and efficiency of Polygon (MATIC network).
• Partnership with Microsoft: Polygon has partnered with Microsoft to provide blockchain services to its enterprise customers. This partnership can help Polygon reach a wider range of users.
• Increasing number of users: The number of daily active users on Polygon is constantly growing and has now reached over 3 million.
• Polygon ID platform launch: This platform allows users to manage their identity on the blockchain.
• Price increase: MATIC has seen significant growth in 2023 and is currently trading around $1.30.
Entry point:
Given the recent news and developments, MATIC is currently well-positioned for growth.
• Suggested entry point: 1.1874
• If you miss this point, you can enter with a pullback.
• The RSI is also in a good place to enter.
Note:
Do your own research before investing and be aware of the risks involved.
The price of cryptocurrencies can change suddenly and unpredictably.
Wishing you good profits!
If you have any questions, ask in the comments.
Please follow me to stay up-to-date with my future analysis.
Good luck!
MATIC - Don't Miss the PARABOLIC ALTSEASON coming📉Hi Traders, Investors and Speculators of Charts📈
We're all looking for solid projects that have good fundamentals... and good upside. MATIC is one of those altcoins that haven't yet made a new ATH. Infact, it's not even close to its previous ATH with 190%+upside potential!
From a technical indicator perspective, we see a reliable "BUY" signal in the weekly timeframe:
From here, I expect altcoins to start making their rallies. Find more info on alt season 2024 here:
And if you need a little bit more technical info on how the rotation between BTC and altcoins work, check out this idea:
Cheers to another profitable day in crypto 🥳 And remember to realize gains🥂
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BINANCE:MATICUSDT
