$MATIC Lost the last D S/R levelMATIC has lost the last daily SR level, and I think it will go straight to the next one at least at $0.7891.
As confluence, it has also closed under 200EMA
Matic
MATIC/USDT 1DInterval ReviewHello everyone, let's look at the MATIC to USDT chart on a one-day time frame. As you can see, the price is holding just above the uptrend line.
Let's start with the support line and as you can see the first support in the near future is $0.95, if the support is broken then the next support is $0.80, $0.58 and $0.31.
Now let's move to the resistance line, as you can see, the first resistance is $1.03, if the price breaks it, the next resistance will be $1.20, $1.43 and $1.75.
Looking at the CHOP indicator, we see that most of the energy has been used, the MACD indicates entering a downtrend, however, we see a strong rebound on the RSI, which may indicate that the support point on the trend line may end the correction.
MATIC: Approaching SupportPolygon (MATIC) technical analysis:
Trade setup : Price was rejected at $1.60 resistance and pulled back near $1.00 support (also 200-day MA), which could be an attractive swing entry opportunity. However, trends are mixed, hence, buying it here would be counter-trend and therefore risky.
Trend : Uptrend on Medium-Term basis and Neutral on Short- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.00, then $0.75. The nearest Resistance Zone is $1.30, then $1.55.
Polygon MATIC Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Polygon:
MATIC/USDT short
Entry Range: $1.05 - 1.20
Take Profit 1: $0.95
Take Profit 2: $0.79
Take Profit 3: $0.63
Stop Loss: $1.41
MATIC/USDT - Will price respect the support trend line?MATIC/USDT is currently at a long term support trend line. Do you think price will hold this support level?
Do you think the moving average line of 200 can prevent further Do you think the moving average line of 200 can prevent further
matic/busd buy callMatic/busd just tested support
and bounced back
buy : 1.1555
sl : 1.1465
tp 1.1773
MATICUSDT trading at daily support, likely to head towards 1.15The price has hit the daily support and likely to bounce from here. Therefore a long is favorable here. The target of the long should be 1.15 which is also daily resistance zone.
MATIC ready for correction (Short)After few unsuccessful attempts to break the resistance, looks like we are ready for some correction most probably after a liquidity grab considering the strong short time uptrend.
NFA
Matic Finally impulse to the ATH? Hello! Based on the chart, it appears that the 0.618 level has held as a strong support. Furthermore, there has been a decrease in BTC dominance, suggesting the possibility of a breakout from the local trendline with an impulse towards the next Fibonacci level or even the all-time high (ATH).
MATIC | Possible crap pattern#MATIC/USDT
🟢Entry price: from 1.0357 to 0.9788
🟢 or you can trade the breakout of 1.1434 for more safe entry
🎯Targets:
|> 1.14
|> 1.212
|> 1.337
|> 1.52
🔴Stop-loss: Daily close under 0.9245
➡️Recommended risk: 0.5%
➡️Recommended Position Size for entry point #1: 2.27%
➡️Recommended Position Size for entry point #2: 4.17%
stay safe and thank you !
maticFor spot buying in two areas, with the specified loss limit. If you made the purchase in the first area, and you wanted to average, the second area and the second loss limit will be activated.
MATIC/USDT Technical Analysis For Long SetupMATIC/USDT Technical Analysis for Long Scalp: Targeting $1.30
Polygon (MATIC) has been a popular cryptocurrency lately, with its price showing a bullish trend. In this technical analysis, we will examine MATIC/USDT's current price, identify potential entry points for a long setup, and provide price targets for traders to aim for.
Technical Analysis:
At the time of writing, MATIC is trading at $1.1682. If BTC becomes volatile, we could see an excellent entry point around $1.14-$1.16 for a long setup. The first target for this trade would be $1.20, followed by $1.24 and $1.30. If any 4H candle closes below $1.114, traders should exit the trade to prevent further losses.
Takeaways:
MATIC/USDT is currently trading at $1.1682
The potential entry point for a long setup is around $1.14-$1.16 if BTC becomes volatile
The price targets for this trade are $1.20, $1.24, and $1.30
The stop loss for this trade is $1.114
Conclusion:
This technical analysis suggests that MATIC/USDT is currently bullish, and traders could benefit from a long setup with an entry point of $1.14-$1.16. By following the suggested targets and stop loss, traders can manage their risk and potentially earn profits. However, it is important to remember that this is not financial advice, and traders must do their own research before investing in any cryptocurrency. Happy trading!
MATIC/USDT 4HInterval Resistance and SupportI invite you to review the MATIC chart in pair to USDT, as before on the four-hour interval. First, we will use the blue lines to mark the downtrend channel where the price is moving sideways from the downtrend line.
Moving on, we can move on to marking support areas when we start a larger correction. And here we are approaching a strong support zone from $1.13 to $1.10, however, if the price goes lower we have a second strong support zone from $1.06 to $0.94, and then we can mark the support line at $0.94.
Looking the other way, we see that the price hit the important resistance zone from $1.18 to $1.26, where it immediately turned around. However, if we manage to break out of this zone above, we have the second resistance at $ 1.33, and then the third resistance at $ 1.44.
Please look at the CHOP index, which indicates that the energy on the 4-hour interval has been used, the MACD indicates the maintenance of the local uptrend, while the RSI shows a strong rebound right after crossing the upper limit of the range.
MATICUSDT - achieved the ALL TARGETS +147.2% ROE with 20xI congratulate everyone who opened this position. They reached all the targets and completely closed the position.
MATICUSDT - achieved the first target +69.6% ROE with 20x
MATICUSDT - Well goes from htf
MATIC longMATIC broke trough the descending trendline. Asset broke trough the resistance level. Bullish movement to resistance level at 1.242 is expected to happen.
MATIC - Keep an eye on this level!! Here's a quick look at MATIC 8 hr. chart.
The idea is: Buy when the price breaks above 1.148$ and take profits at the levels shown in the chart.
Targets:
1. 1.165$
2. 1.190$
3. 1.230$
4. 1.290$
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About our trades:
Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
MATICUSDT Idea | a Bullish TrendA mental plan, and analysis based on a Macro ascending channel and upwards mini channels with slopes of 55 degrees.
The duration of this upward movement is 7 days at most and it is a long-term trade with 40% profit..
BINANCE:MATICUSDT MATIC NETWORK vs USDT and USD
⚠️🚨 Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
✅ Please write any advice or suggestions.
ALTCOIN SHHOPING. KAVA, LTC, MATIC, KNC, WRXIn this idea I gathered 5 interesting to buy altcoins for today, where a set-up to buy was formed. This is not 5 different trading ideas, but one, because if the growth of altcoins will be all, and vice versa, when correcting, there is a probability of getting 5 stops. Therefore, if you trade any of these instruments, you can take a closer look and choose one.
KAVA
Higher low + double bottom, price at support + short stop, good reserve for the price increase to the region of 1.05-1.15
LTC
Pushing up to the level. Looks good on a breakdown of the 95$ area with targets 100-110-115, a stop can be hidden under 85$.
MATIC
Higher low + breakdown of the downtrend, volume growth on H1+good price margin. Stop can be hidden under $1, the profit target is 1.2-1.3
KNC
Pushing the price to the level of 0.75, looks good for a breakthrough, stop is appropriate for 0.65, the profit targets at 0.82 and 0.95 is an update of the local high
WRX
A squeeze to the level of 0.18-0.185, false breakdown of this zone, most likely the price will go higher. Stops under 0.155. Take profit targets at 0.215 and 0.25-0.29
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Good luck and profit to all.