Matic looks like the big double bottom is in.Easy winner! when stage 3 crypto bull run starts, relative strength is impressive compared to most bear market drops on other cryptos, we went from the monthly time frame to the weekly, on this chart, Matic is a strong layer 2 platform that solves many Ethereum issues, watching this one close.
MATICUST trade ideas
MATIC ON A SOLID SUPPORTas you can see from the chart matic price has been reached to 0.3 level which is strong level to reflect in long term , waiting buy signal on the daily frame.
Matic Bull Pennant! PRICE TARGET $65No need to explain this massive bull pennant! The image says it all!
lets Buy some Matic for now !!!BINANCE:MATICUSDT BINANCE:MATICUSDT
Hellow everyOne
as you can see in chart We are facing with a powerful magnific FVg in Weekly time frame
so price if want to go up or even go down needs to fill this FVg
as you see in Daily time frame we have 2 engulfing bullish candles.
Good funds would pumps the coin
FVG W1 : 0.44$ - 0.48$
Entry Price : Right now : 0.42$
Do not Forget " Money management makes you rich not Gamboling "
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MATIC - 4H Chart Analysis - Trading Inside the channel#MATIC/USDT #Analysis
Description
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+ The price is currently trading within a channel and has successfully bounced back from the lower boundary.
+ A strong breakout from this channel could drive the price higher.
+ We can enter a long trade at the current price and place the stop-loss (SL) below the support zone.
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VectorAlgo Trade Details
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Entry Price: 0.4240
Stop Loss: 0.3851
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Target 1: 0.4491
Target 2: 0.4783
Target 3: 0.5036
Target 4: 0.5604
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Timeframe: 2H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
MATIC Price Update and Analysis in Weekly TimeframeMATIC hit the lower support level as expected. Since our previous update, MATIC has dropped 30% and is currently holding within the support range of $0.316 to $0.387.
It is crucial for MATIC to hold this support because if it fails and breaks down, things could turn out poorly.
Key Observations (Remains the same):
~ Lower Support/Entry: $0.387
~ Liquidity Level: $0.316 to $0.387
~ Resistance: $0.9860
~ Long-term Target: $2.923 (All-time high)
DYOR. NFA.
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Thank you!
#PEACE
Matic Swing Short idea, This might be nice swing short on matic, if BTC follows plan
push through trend (as most of crypto is doing currently), then tag supply, get below trend with bearish retest.
above 6 weeks away.. but patience is key for swing trades.
MATICUSDT 1D#MATIC has bounced perfectly off the lower line of the falling wedge pattern. Expect a 300% growth in the event of a solid breakout above the pattern.
#Matic 1W chart;CRYPTOCAP:MATIC 1W chart;
On the weekly chart, we can see that the balance of February 2023 and March 2024 levels on the RSI side is not reflected in the price (red circles).
It is now at a serious support level and it also seems to have started a bullish pattern from these levels.
As long as it sticks to the stop level, it will not be a surprise to see sharp upward rises after the squeeze between it and the downtrend line it will enter.
The ratio between the pattern target level is 200
However, we can consider OB-FVG regions as a profit-taking level beforehand.
MATICUSDT 1WMATIC ~ 1W
#MATIC Layer 2 which was successful in its time today is at its strongest support.
If you have confidence in this Token, this is the right time to start buying, at least for a minimum 20% increase.
MATIC/USDT Daily Analysis: Fibonacci Retracement LevelsThe chart you provided is a technical analysis of BINANCE:MATICUSDT (Polygon to Tether) on a daily timeframe. The analysis utilizes Fibonacci retracement levels, a popular tool used by traders to identify potential levels of support and resistance based on historical price movements.
Key Components of the Chart:
1. **Current Price**:
- **MATIC/USDT Price**: The current price is highlighted as **0.4141 USDT**.
2. **Fibonacci Retracement Levels**:
- **0.382 (38.2%)**: **0.6993 USDT** (TP1)
- **50.0%**: **0.8121 USDT** (TP2)
- **0.618 (61.8%)**: **0.9249 USDT** (TP3)
- **0.786 (78.6%)**: **1.0855 USDT** (TP4)
- **1.0 (100%)**: **1.29 USDT** (TP5)
These levels indicate potential price targets (TP1, TP2, TP3, TP4, TP5) where MATIC might experience resistance during an upward move from the current price.
3. **Heikin Ashi Candles**:
- The chart uses Heikin Ashi candles, a type of chart used to filter out market noise and better visualize the trend direction.
4. **Technical Indicators**:
- **Open Price**: 0.4059 USDT
- **Close Price**: 0.4028 USDT
- **Change Percent**: +0.4488%
- **RSI (Relative Strength Index)**: 22.0833 (indicating that the asset might be oversold)
- **ATR (Average True Range)**: 0.0293 (measuring market volatility)
- **Volume**: 52,625,635 USDT (shows the amount of MATIC traded)
5. **Moving Averages**:
- **SMA50**: 0.5154 USDT
- **SMA100**: 0.5997 USDT
- **SMA200**: 0.7533 USDT
- **EMA50**: 0.5207 USDT
- **EMA100**: 0.5937 USDT
- **EMA200**: 0.6763 USDT
These simple and exponential moving averages are used to smooth out price data over specific periods (50, 100, 200 days) to help identify the overall trend direction.
Analysis:
- The Fibonacci levels suggest potential resistance points where MATIC might encounter selling pressure during a recovery.
- The RSI indicates that the asset is currently oversold, which might suggest a potential buying opportunity if it aligns with other indicators.
- The ATR shows relatively low volatility at the moment.
- Moving averages are all above the current price, which generally suggests a bearish trend.
Summary:
If MATIC starts to recover, the chart indicates that traders might look at the Fibonacci levels (starting with 0.6993 USDT at the 38.2% retracement) as potential targets for profit-taking. The RSI's oversold condition might suggest a potential for a bounce, but traders should consider other factors and indicators before making decisions.
Polygon Pre-2025 Bull-Market Accumulation Zone & StrategyThis is so easy...
How are you feeling today?
I hope that you are having a wonderful day and week.
MATIC (Polygon), is so easy right now.
Let's do some TA (technical analysis) for this one.
➖ On the 5th of August, we have the highest bearish volume bar in years. If we compare this to June 2023 and May 2022, we can immediately start to deduce that the current market correction is reaching its end.
➖ In June 2023, after a similar drop and rise in volume, a small bounce happened followed by a long-term retest of the same low and then a major bullish wave.
➖ In May 2022, the drop and rise in bearish volume was followed by a lower low and then a strong rise (a major bullish wave).
👉 In both cases, the period after the initial increase in bearish volume, the period after the main major low, activated the "accumulation phase/zone." This is the time to load up in anticipation of a massive bullish wave.
There is something quite different when we compare the August 2024 drop with previous drops; This one precedes a full-blown bull-market, while the previous two preceded small waves compared to 2021.
👉 Our projections and predictions, based on market cycles and the charts, indicate that Polygon (MATICUSDT) is set to grow massively in 2025, something similar to 2021 but better. Since we have a long-term higher low, we can expect a higher high; aka. a new All-Time High. ATH potential goes to $7.64.
Strategy: Buy and hold thinking of sustained long-term growth.
Now, trading for success is very simple. There is no complexity. There is only one action and one action only can be taken at a time. It is like your mind, you can only think/focus on one thing at a time; the same is true for trading.
➖ You can either buy or you can sell. Nothing more can be done.
Selling is out of the question if we are considering long-term growth; if we are expecting and predicting a major bull-market, and this leaves us with one choice only; one option, buying. I can only buy. Once bought, that's it.
➖ The rest is all a waiting game.
What is your life now?
What do you do now for fun and entertainment?
Whatever it is that you do, you can keep on doing the same.
Leave your Altcoins sitting safely in your wallet while the market takes care of the rest.
Once prices are high, high, high, high up... There is only one option left. There are no two choices, like your mind, just one. That one is selling and it doesn't necessarily needs to be at the top.
👉 One can sell at any level that is higher than the level used to buy the year before.
My strategy: Buy throughout 2024. Sell after 8-16 months. The chart and market will give the signal for when the time to sell has come.
As much as possible can be bought within the "accumulation zone," or anywhere for that matter because we know that Cryptocurrency is set to conquer the whole world.
Thanks a lot for your continued support.
Namaste.
big bullflag has sub 40c matic lows before moonliquidity rests below the total anchored vwap, thats is also the range 8th and mega bullflag bottom
we could easily see matic under 40c before the next big leg up to ATH
MATIC: Support holding strong | Expect a bounce soon#MATIC/USDT #Analysis
Description
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+ MATIC has reached a critical support zone, a level that has held strong for more than two years. The price is currently at this same support zone, and while we have yet to see a strong rebound, expectations for a bounce back remain high.
+ This major support zone has been a reliable foundation for over two years, consistently preventing deeper declines.
+ he price is once again testing this key level, and so far, the support has held firm. While a significant rebound has yet to materialize, the strength of this zone suggests that a bounce back could be imminent.
+ Though a strong rebound has not yet occurred, the historical resilience of this support zone indicates a high likelihood of a recovery in the near term.
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VectorAlgo Trade Details
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Entry Price: 0.4234
Stop Loss: 0.2836
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Target 1: 0.5477
Target 2: 0.7841
Target 3: 0.9784
Target 4: 1.4520
Target 5: 2.5783
------------------------------
Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
MATIC Bull Scenariothis is my prediction on MATIC (bull scenario) we hope we see some move on 2 weeks (15-19 august) with target 0.65
Polygon Matic soon will be POL, what price ?
On 17.07, they launched the process of CRYPTOCAP:MATIC to #POL migration on the test network
On September 4, 2024, Polygon Labs developers will upgrade the main network. As part of this process, the final migration of #MATIC tokens to #POL will take place.
The tokenomics should remain unchanged.
Some tokens will be lost due to non-compliance with the migration instructions (purely human factor), and the supply will decrease accordingly.
And in principle, they can start a global (3) wave of growth, with an intermediate goal of $1.25 for OKX:MATICUSDT , and the final $3.50 for #POLUSDT
MATIC SHORT2h TF. The instrument has formed a downward structure with a decrease in price maxima along the trend line, which indicates the priority of sellers at the moment. The preload goes to the support levels, which have several touches with the accumulation of stops of long participants behind them.
I will be waiting for the traded movement along the levels and increased activity in the glass before the breakdown.
1 TP — 0,4761
2 TP — 0,4707
3 TP — 0,4655
Matic to Valhalla today!Just entered matic short
Its been performing very poorly.
All time frames from weekly to 1hr is bearish and today is monthly close things could get real ugly.
Trade aligns with my trade plan, the odds are in my favor.
See targets on chart. I"ll update in comment if needed.
3-6RR trade
Matic bullish ideamatic is at the bottom of the triangle and has made a double bottom suggesting a rise at least towards the top line of the triangle
30.07.24 MATICUSDT 15 min Bearish OutlookShorting maticusdt because price has already taken out buy side liquidity via the function of gathering buy stops. I will currently be looking for confluence using the quote currency USD and movements in the DXY index which controls the strength of the US Dollar.
As a result of this run on buy stops we would expect price to now move towards equilibrium or a disount price array in order to allow market participants a chance to once again purchase at fair value.
Maticusdt shortMy honest analyse on matic , we are shorting like most of the crypto market right now , im looking for a break to the down side , to confirm that sellers stil in control my last target for this trade is 0.5080
