MATICUSD - Top Cap IndicatorUsing the Top Cap indicator to plot future bull runs
I expect Matic to drop to a low along the horizontal support level that is shown in this analysis
From this low bulls can gain momentum and push price up to the top cap peak at around $10.
This would be an enormous move, but MATIC is still very young and has a lot of promise.
Matic
Matic | Polygon Looks Bearish HereTargets from the initial move down line up with targets from the next move down and support levels.
MATICUSDT at weekly support and likely to head up to 0.92-0.94The doubt which I had finally played out. I was not very comfortable with the long trade from the daily support since the price had not tapped into the weekly support. But now it has and offers a good opportunity for long. The price might dip below the support briefly but that does not scare us from taking a long position here. The first target shall be the weekly resistance zone sitting around 0.92-0.94.
MATICUSD - Strong Horizontal ReachedMATIC has reached a strong horizontal support.
I expect a price reversal at this level due to the large support that is here.
Bars pattern shows this reversal out of the down channel.
MaticThe trend is still bearish, if it reaches the green lines, it will be checked for a buy step in the green box range.
The biggest risk is not to risk!
In a world where everything changes so quickly, the only strategy that guarantees failure is not taking risks.
"Mark Zuckerberg"
MATIC SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MATIC symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MATIC to retest $0.95? MATIC faced price rejection at $0.95, setting it to retrace near the range low.
In the second half of May, the price reacted to the $0.86 - $0.88 zone (cyan). This level could offer a long opportunity, targeting $0.95.
Entry: $0.882
Exit: $0.950
SL: $0.863
RR: 3.7
MaticI've made the decision to buy some MATIC with a target of 1.25 and a stop at 0.8. I've split the order into three parts: the first at the current prices, the second at 0.86, and the third at 0.83.
The information provided here is for informational purposes only and should not be considered as financial or investment advice.
MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) Polygon (MATIC) snapped a three-day losing streak on Thursday, following a crossover of moving averages (MA).
The 10-day (red) MA crossed its 25-day (blue) counterpart in today’s session, sending the price to a peak of 0.8974.
This comes following Wednesday’s low at 0.8787, which saw MATIC hit its weakest point since May 25.
market volatility in polygon remains significantly high, with earlier gains almost fading.
MATIC is trading at 0.8934, with the RSI at a reading of 46.03, which is close to a ceiling of 48.00.
Should this aforementioned point of resistance be broken, bulls could force a move toward 0.9000.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Polygon MATIC and the US Debt CeilingNegotiators from Democratic and Republican parties finalized an agreement on Sunday night.
Instead of raising the limit to a specific level, they have opted to suspend it entirely until 2025. This strategic move ensures that their bills can be paid until that date, while also guaranteeing that the next battle to raise the ceiling will not coincide with the upcoming presidential election.
The resolution of the debt ceiling issue brings optimism and stability to the financial landscape, which has a positive ripple effect on the cryptocurrency market.
Bitcoin and the broader crypto market stand to benefit from increased investor confidence, reinforced safe-haven status, enhanced institutional adoption, regulatory clarity, and the overall positive impact on global markets.
MATIC/USDT short
Entry Range: $0.85 - 9.91
Take Profit 1: $0.97
Take Profit 2: $1.10
Take Profit 3: $1.24
Stop Loss: $0.78
MATIC/USDT 1DInterval - Targets and Stop lossHello everyone, let's look at the MATIC to USDT chart on a one-day time frame. As you can see, the price is staying above the local uptrend line.
Let's start with setting the support line and as you can see the first support on which the price is currently based is $0.89, if the support is broken then the next support is $0.87, $0.84 and $0.81.
Now let's move to the resistance line, as you can see the first resistance is $0.91, if you manage to break it, the next resistance will be $0.93, $0.95 and $0.97.
Looking at the CHOP indicator, we see that there is some energy left for the next move, the MACD remains in an uptrend despite the correction, while the RSI has a small rebound, but there is still room for the price to go lower.
Matic LongLonged some Matic here.
Possibly it could be a daily pullback and retest.
If we look at daily Chart we can clearly see the previous domain break and also daily closed above the domain.
Also BTC.D have some sort of divergence so the movement is prominent but still depends on BTC if BTC holds I can clearly see alts booming.
Longed some at 0.8677
Tp 1 0.9450
Tp 2 1.0300
SL 0.8550
Talking the trade because of very good RR here if this happens.
Note: Not a financial advice.
#MATIC 🔰#MATIC - Crypto - Binance
🟩 BUY TRADE !
🛒 Good Entry Between : C.P - 0.8941
🔸 End of Elliott Wave correction wave ABC.
🔸 retesting the lower support is expected because of BTC correction.
🔸 After Achieving 1st target (5%), Move stop lose to entry.
🔸 Stop Lose Mentioned in the drawing.
🔸 Stop loss after the close of the 4-hour candle.
—
TDAWLY ©
I Cannot Short This !!!🌟The MATICUSDT is in a Bullish phase by reaching a PRZ zone & is in a Falling Wedge Pattern.
🌟 Bullish signals in the PRZ area are:
- Support zone
- Pivot S1 monthly
- The Bottom of the Wedge area
- Falling Wedge Pattern
⭐ Note if the PRZ is broken downwards with the strength of Bearish candles or Wedge broken from the bottom , this analysis of ours will be failed.
✅If this post was useful for you, like it ❤️ and if you think it is useful for your friends, be sure to send it to them.
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🌍Thank you for seeing idea .
Have a nice day and Good luck.
MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) was another notable mover on Thursday as the coin also reversed course today.
MATIC/USD touched a peak of 0.8895 at the start of the day, which comes less than 24 hours after trading as low as 0.8591.
As a result of today's surge, MATIC is up 3%, moving away from the recent low of 0.8390 in the process
Earlier gains have been pared down somewhat, which comes when the RSI hits the ceiling of 45.00
Hit the like button if you like it and share your charts in the comments section.
Thank you
MATICUSDT are you rdy ?😉🧨I have good news for shorts holders and bad news for matic holders
Bad news because this currency is falling, its price is set in dollars, and good news for short sellers because I marked the entry and specified my target.
The first target will be $0.5413, and the second target will be $0.3410. Enjoy, smart guys.
$Matic - Classic chart - 80% Drop - Target $0.25Matic printing Bearish Flag pattern, can potentially drop over 80%
Matic & Bitcoin has similar pattern & Check out the comparison
Target $0.25
Unveiling MATIC's Price DynamicsDuring the preceding month, MATIC experienced a decline in its support levels, ranging from $1 to $0.95, primarily attributable to a decrease in demand. As these levels now serve as resistance, there is a renewed downward trajectory towards the range of $0.82 to $0.74. Notably, a robust upward trend has emerged from this range, suggesting that a retest of this support level could elicit a positive response. Furthermore, the correction in price may find resolution within this range, temporally speaking. Currently, the price is situated within a descending channel, and if a favorable reaction occurs upon reaching the initial support range, it is reasonable to anticipate a positive fluctuation towards the upper boundary of the channel.
long MATICCRYPTOCAP:MATIC broke through the descending trendline and the resistance level. Bullish movement to resistance level at $0.95 is likely to happen.
🔥 MATIC Battle For The Uptrend: Danger ZoneMATIC is rapidly approaching the main support line which has been directing the trend for almost 9 months at this point.
Bulls are most definitely coming out in force once we reach this support. Naturally, Bitcoin needs to help here. If BTC sees bearish price action, MATIC will simply fall through the support and confirm the bearish mid-term bias. In case the support doesn't hold, I'm looking at 0.75 as the bearish target. In case we see a bullish reversal, 1.00 is the target.
BTC, ETH 🌤️ ADA, AVAX, MATIC - Today's Crypto Stars? 🌴🌟Sunny weather with a few scattered clouds 🌤️ lies ahead for the global crypto market, including Bitcoin and Ethereum. Investors anticipate a US debt ceiling deal. This means that a slightly bullish market with upside potential is likely.
Tropical conditions 🌴 – very bullish with some upside potential – predicted for Cardano, Avalanche, and Polygon.
Over a one-week horizon, ATTMO expects cloudy weather with some sun 🌥️ for Bitcoin and Ripple, translating into a slightly bearish market with downside risk.
Follow us to stay updated with more crypto weather insights and reports!🌩️⛅🌈
✴️ Looking Into Polygon's Correction To A New Higher HighPolygon's correction, MATICUSDT, has been going now for more than three months.
The total drop amounts to 48% from Febs peak price to May's low.
The current price is trading below the 0.786 Fib. retracement level support...
A very strong correction by all standards but MATICUSDT continues trading within a higher low (compared to its late Dec. 2022 low).
Hidden bullish divergence on the RSI.
Very low bear volume on the last low with the session,12-May, closing green.
Looking at Litecoin and Lido, for comparison, we can start to speculate that the correction low is more likely than not to be in.
The low volume is quite telling.
The entire correction phase, 90 days, produced very little volume compared to the bullish wave, 49 days...
These are bullish signals.
A higher low can lead to a higher high... Patience is key, but what comes next will be twice what we saw in late January... It is about to get good.
Namaste.