MATIC: The ride to 0.5$ may begin soon!Given the anticipated downward trajectory of BTC from its current levels, the price of MATIC will likewise experience a decline. Ant it has become more evident as the price has undergone four retests at the lower boundary of the triangle, indicating a potential greater downward movement soon!
Consequently, a break to the downside is expected, and it may be prudent to adopt a wait-and-observe approach for more favorable pricing opportunities.
It's said that one day, the mighty MATIC will set its course for the moon, but for now, it seems to be headed back down to Earth! Keep your eyes peeled and your senses sharp, as this journey promises to be a wild ride filled with unexpected twists and turns! :)
Matic
MATIC/USDT 4H Interval Review ChartJHello everyone, I invite you to review the MATIC chart on a four-hour interval. First, we will mark with blue lines the downward trend channel in which the price is currently approaching the upper limit, which may provide an indication of the price direction in the coming days.
When we look at EMA Cross 200, we can see that a break above the current channel may result in a return to the strong upward trend for MATIC.
Let's start by marking support points for the price and we can see that first we have a support zone from $0.55 to $0.49, where the price is currently holding, but if the price drops lower, the next zone is from $0.41 up to $0.35.
Looking the other way, we can similarly determine the resistance areas that the price must face. And here we see that the price has currently bounced off the resistance at $0.61, then we have the first resistance zone from $0.67 to $0.71, and then we will move towards the second zone from $0.76 to $0.83 $.
The CHOP index indicates that there is still a lot of energy for a continuation of the movement, the RSI index is back to the lower part of the range, while the STOCH indicator indicates that MATIC has been oversold, which may affect the side trend or price rebound.
#MATIC low time frame short set - upClosing below 0.5466$ price level with 1H TF will lead the coin lower: 0.5366 - 0.5288$ (can be even lower, HTF chart is still valid you can check it)
Closing above 0.5576$ with 1H candle, means we will be able to see the coin at 0.5666 - 0.5785$ price levels and possible higher.
MaticUsdt 01this is my Idea about Matic.
Divergence between price and RSI.
If the channel breaks we reach to 1st and 2nd Target.
BINANCE:MATICUSDT
MATIC/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) was also trading higher in today’s session, with price climbing for a fourth straight day.
MATIC/USD peaked at 0.5634 on Tuesday, which comes following a low of 0.5406 to start the week.
As a result of the move, the polygon climbed to its most vital point since last Thursday, when the price reached a high of 0.5885.
with this current uptrend, it appears that MATIC could be heading towards a key resistance point of 0.6000.
the RSI, which is tracking at 40.08, will first need to move past an upcoming ceiling at the 41.00 level.
Hit the like button if you like it and share your charts in the comments section.
Thank you
MATIC coin is on the long list with a level of 0.5698Hello everyone!!!
AIHermes today identified a MATIC coin on the long list with a level of 0.5698
The stop is short.
We see a long accumulation and a gorgeous squeeze!
1st target 0.5945
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Today:
16 coins on the long list
10 coins on the short list.
Coins on the short side.
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MATIC/USDT 1D Interval ReviewHello everyone, I invite you to review the MATIC chart in pair to USDT, on a one-day interval. Let's start by marking with blue lines the strong downtrend channel in which we are currently moving. At this point, it is worth checking the EMA Cross 200 right away, where you can see the place where the price was rejected while remaining in a strong downtrend.
Going further, we will check where the price should meet support, but for this purpose we will use the Fib Retracement and Trend based fib extension tools, after spreading the grids, we can mark a strong support zone in which the price is currently from $ 0.64 to $ 0.49 , however, when this zone is broken, we can see a drop around the second equally strong zone from $0.36 to $0.24.
Looking the other way, we see that the price has been rejected in the first resistance zone from $0.76 to $0.91, only when we exit it upside price moves towards the second zone from $1.03 to $1.16 to continue make an attack at $1.34 and then resistance at $1.56.
When we look at the CHOP index, we can see that there is still energy for the current move, on the RSI we have a rebound with room for a further downward move, but on the STOCH indicator we can see that we are approaching the lower limit again, which can stop the decline and give a sideways move .
$MATIC long to $4.46?CRYPTOCAP:MATIC looks to be bottoming and forming a wedge on HTF. If this breaks up, I think it's likely that the upper target of $4.46 could get hit.
Let's see how it plays out.
Matic Ascending pattern | Horizontal ResistanceJoin us in this video as we analyze the MaticUSDT trading pair and highlight the exciting developments taking place. MaticUSDT is currently forming an ascending triangle pattern, with a horizontal resistance level at $0.89.
In this insightful analysis, we explore the potential outcomes based on different scenarios. If the resistance at $0.89 is successfully broken, we could expect the price of Matic to reach around $0.95. This breakout could signal a bullish trend and present potential buying opportunities for traders.
However, it's essential to consider the other side of the coin. If the lower trendline support, located at $0.85, is breached, it may indicate a short call, suggesting a bearish trend reversal.
Stay tuned as we delve deeper into the technical aspects, chart patterns, and key levels to watch in MaticUSDT trading. Enhance your understanding of this market and gain valuable insights for your trading strategies.
Don't miss out on this informative video that covers the analysis of MaticUSDT and provides actionable information for traders and crypto enthusiasts. Stay informed, make well-informed decisions, and navigate the dynamic world of cryptocurrency with confidence!
#MaticUSDT #CryptoTrading #TechnicalAnalysis #AscendingTriangle #ResistanceLevel
TOTAL3 analysis 1hTotal 3 trend lines are broken and fall to at least 322
The mid-term targets are as follows
318B$
314B$
311B$
309B$
If altcoins fall, they can fall between 5 and 20 percent
#MATIC HTF super bearishIn this chart I tried to predict all possible scenarios and highlighted the most strong resistance (red lines) and support (green lines) levels.
Since I am trying to make understanding my TA easier. I marked every possible move of the coin with numbers.
Now let me explain every number:
1. Matic bounces until Monthly 50 ema support at the level 0.63$ and from that level we get bear reaction. It can be long wicks above the candle or bearish divergence on LTF. In this case the probability to see downward move towards to 0.25$ increases
2. The coin goes higher to 0.72$ where it faces with W FVG and D 100 ema resistance - we see bears reaction in this case price comes back to 0.63$ and below.
3. Coin breaks through 0.72$ resistance, retests that level ( because it becomes a support) and in this case the continuation of the uptrend increases and we may see the coin around 0.92$
4. The coin faces 0.92$ where there is M FVG + Weekly 50 and 100 ema resistance. We see bears reaction in this case Matic welcome back to 0.72$
5. The coin breaks through 0.92$, would be nice to see the retest of that level, in this case the coin go higher to 1.1$ and etc
Matic Looks Ripe for a Bounce/Break HereTraders,
Just browsing through the charts this morning and thought I'd throw out a trade opportunity. There are many but Matic looks especially juicy here. Of course, it's always a bit risky before a FED meeting/press conference (i.e.- Jackson Hole) but I am not offering trading advice. I just wanted to show you one of the many opportunities I have spotted this morning.
Here's the case for entry here if you are so inclined:
- That Yellow TL comes all the way from Jan. '21. It has NEVER been broken to the downside.
- Price rarely touches this level on the RSI. Even more rare, would be a break below.
Probability stands on the long side here.
Best,
Stew
Swing Trade - MATICFor this setup what I'm looking to take is a momentum and moneyflow reversal SHORT either at the Previous Range VAL, the PoC (Point of Control), or the bottom of the previous Channel.
Depending on the opening on Tuesday after the holiday, we'll see how fast MATIC moves and note this compared to BTC/ETH to get an indication at which level we should see the stall occur and take a reversal.
I would be interested in a LONG if MATIC pumps through the bottom of the channel and retests the channel bottom.
Good Luck!
Sei: Pioneering the Future of Cryptocurrency Beyond EthereumIn the ever-evolving landscape of cryptocurrency, a revolutionary force is on the rise, poised to surpass even the most established giants. Meet Sei, the cryptocurrency that is redefining the possibilities of blockchain technology and set to outshine Ethereum on the global stage.
Sei's foundation rests on a powerful infrastructure, setting a new standard for speed and efficiency in the industry. Unleashing its potential through the groundbreaking Twin-Turbo Consensus, Sei boasts unparalleled transaction speed, all the while maintaining remarkably low transaction costs and an industry-leading throughput. In the realm of modern applications, where performance and scalability are paramount, Sei emerges as a true trailblazer.
However, what truly sets Sei apart is its unwavering commitment to security. Crafted from the ground up with security as the foremost priority, Sei is fortified by the backing of some of the world's largest and most trusted institutions. With Sei, security is not an afterthought—it's the very foundation upon which the future is built.
Sei's user-centric approach echoes throughout its architecture. Fully open-source and with native frontrunning protection, Sei ensures a level playing field for all participants. Its seamless interoperability and multiple layers of transaction bundling only further emphasize Sei's dedication to user empowerment and fairness.
Now, let's draw comparisons to better understand Sei's groundbreaking capabilities:
- **Bitcoin:** With a transactional throughput of 10 tps and a transactional finality of 60 minutes, Bitcoin pales in comparison to Sei's lightning speed.
- **Ethereum:** Ethereum, while a giant in its own right, boasts a transactional throughput of 20 tps and a transactional finality of 6 minutes, still unable to match Sei's impressive metrics.
- **Solana:** Solana, known for its scalability, achieves a transactional throughput of 10,000 tps and a transactional finality of approximately 2.5 seconds. Yet, even Solana bows before Sei's unparalleled capabilities.
Sei shines as a beacon of innovation, boasting a transactional throughput of 20,000 ops and a transactional finality of just 500 milliseconds. With native frontrunning protection and a processing style that parallels Solana, Sei demonstrates its commitment to pushing the boundaries of what is achievable.
And who's already building on Sei? Recognizable names in the industry, such as Axelar, Pyth, Sushi, Kargo, and Nitro, have harnessed Sei's capabilities to create cutting-edge applications in various domains, from infrastructure to DeFi and beyond.
Sei is not just another cryptocurrency; it's a paradigm shift, a glimpse into a future where speed, security, and scalability harmoniously coexist. As we embark on this journey of innovation, Sei's potential knows no bounds. It's time to embrace the dawn of a new era in cryptocurrency—a future where Sei shines brighter than the rest. Start building your vision on Sei, and together, let's shape the destiny of blockchain technology."
MATIC shortHello guys , If we close below 0.94c I expect a big fall down. It only has an hour to go.
Give me like if you agree !
MATICUSDTPossible setup for BINANCE:MATICUSDT
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
Don't forget to like and comment
MATIC/USDT Chart ReviewI invite you to review the MATIC chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel where the price is moving in the upper range.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first very strong support is at the price of $0.59, but when the price drops below, we can see a drop to the support of $0.31.
Looking the other way, we see that the price has rebounded from the first significant resistance at $ 0.90, which so far has no strength to break. then second resistance is at $1.03, then we have another resistance zone from $1.16 to $1.34, then strong resistance at $1.56.
When we turn on the EMA Cross 200, we see that the price rebounded from this line and thus remained in a strong downtrend.
Please look at the CHOP index, which indicates that there is still energy for this move, the RSI has a strong rebound with room for the price to go lower, while the STOCH indicator also indicates that there is some energy left for the next move.
What's Next Possible Move of MATIC/USDT? Polygon Analysis💎Attention, Paradisers! Turn your focus to MATIC, as it's gearing up for potential movements, offering a few captivating possibilities.
💎MATIC faced resistance at the OB a few days ago, sparking an upward trend. Yet, with a hint of slowing momentum, it's projected to re-engage with the OB. Should it falter at this juncture, anticipate a bullish continuation from a key support point.
💎Delving into its trajectory, we've noticed a shift from demand to supply, resulting in a pronounced dip.
💎After capturing liquidity from below, MATIC seems primed to climb, targeting the overhead imbalance.
💎Keep a close watch for further insights and relish your trading adventure.
MATIC. Glitch in the Matrix.The situation is rather strange and uncertain. Two patterns formation signals more for a downward movement, but! There is no on-chain prerequisite for this... A fall to $0.11 = drop capitalization in six times - I don't believe in it. The ecosystem is developing, the whales are still profiting from their bags using DeFi, so... Also, there is no premise for a 500% increase since this is not a bullish cycle, but a thaw. In addition, achieving this target involves breaking through ATH. Unlikely.
Given all this, I will assume that the asset will have an ongoing sideways trend and we will not see tangible movements in either direction. But keep in mind that things can change.
Polygon Matic price will try to work out a medium-term tradeMatic buyers are not giving up and are trying to break through the local trend and strong liquidity zone from above.
We assume that there will be more attempts to push the price up, so this medium-term trade has the right to live:
Entry = $0.636
Stop = $0.5582 (-12%)
Take Profit = $0.9595 (+50%)
Potential profit/loss ratio = 12/1
_____________________
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MATIC - Shift In Momentum - Practical Example 📚Dear TradingView community and fellow traders,
I am Richard, also known as theSignalyst.
The MATIC H4 chart has captured my attention due to its intriguing momentum structure shift.
📉 Following its rejection from the 0.9 - 1.0 resistance zone, MATIC has entered a bearish phase, marked by lower lows and lower highs— a classic MarkDown phase .
However, a noteworthy observation is the diminishing size and flattening of the impulse movements.
According to Charles Dow, this signals an early alert for a potential shift in momentum, which brings us to the Accumulation phase as per Richard Wyckoff.
Presently, MATIC appears to be consolidating within a significant range, spanning from 0.65 to 0.7 — an evident Accumulation phase.
🏹 For the bulls to take over, and the MarkUp phase to start, we need a momentum candle close above 0.7 zone marked in green.
I hope you find this post useful, and I would appreciate your likes and support.
Which scenario do you think is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard
