MATIC - Trend-Following Setup 🏹Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
MATIC has been overall bullish trading inside the rising broadening wedge in blue and is now retesting the lower bound.
Moreover, the zone 0.95 - 1.0 is a strong weekly support zone .
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support zone and lower red trendline. (acting as a non-horizontal support)
As per my trading style:
As MATIC approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Matic
$MATIC looks bearish for the long term$MATIC looks bearish for the long term 📉💸 #cryptocurrency #analysis #MATIC
🔥ALTERNATIVE BULLISH SCENARIO FOR BTC: PUMP AFTHER PULLBACK🚀🔥Hi, friends! A lot of analysts now think about the next BTC move. I can say that BTC is still in a bull trend, but the market is overheated and need to make a pullback to recover.
You can see it by the bearish divergence on many indicators, the trend angle and new sell orders at the highs using DOM and Footrpint.
I take a 2020 Bitcoin price pattern to predict the next BTC move. I don't expect new highs in 2023, but mid-term growth is highly possible.
I mention the 2 areas which will become strong support:
✅ $25,200-26,400 - the value area where many long sl are placed and the top of the global channel. The price will not fall lower with the high possibility.
✅ $22,650-23,850 - the second critical value area. The price will fall here if lot's of bad news appeared on crypto or stock market.
✅ THE MAIN LONG TARGETS FOR BTC AFTER THE PULLBACK:
1. $32,000-38,000 - the highly probable targets in the current market conditions.
2. $45,000-48,000 - the max targets for BTC if only the entire world economy will fill well.
Remember that the market is still in a bull trend and the April is one of the most profitable months for Bitcoin.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Another Look At MATICCurrent thoughts are bullish on MATIC as they are across the majority of the crypto space
I have tried to show my thought process about the pattern that is playing out with the 1,2,3,4 labels
Breakout from this small up channel is inevitable
Trade Alert - Long MaticTraders,
I'm OoO and operating completely from my mobile phone rn. But couldn't help but spot this beautiful bull Flag on matic which has exited to the top side of a descending tl and after touching our 100 day ma. I'm hoping to hold this trade to the 50 day (currently $1.19) and to a level above that at $1.32
Stew
MATIC on the MoveMATIC is currently trading at $1.1091, with a slight drop of -0.78% in the last 24 hours. On the 4-hour timeframe, the asset is hovering above the $1.1003 support level, but below the $1.1280 resistance level. The asset is experiencing moderate volatility, as it trades within the upper and lower Bollinger bands, with $1.1032 being the middle ground.
The volume oscillator suggests that traders may not be as interested in MATIC at the moment. The MACD is showing little to no momentum, while the Stochastic oscillator is indicating that the asset may be overbought.
The 4-Hour EMA 50 is at $1.1031, which further suggests that this level could act as a support level for the asset.
In summary, MATIC is currently facing resistance to moving up but has support to remain stable. The asset is experiencing moderate volatility, and the current trading volume indicates less interest from traders. The MACD suggests little momentum, while the Stochastic oscillator suggests potentially overbought conditions. The 4-Hour EMA 50 further supports the idea that $1.1031 could act as a support level.
Matic, possible break of the trendline As you can see on the picture we have zones of imbalances below, that needs to be covered.
How i see this scenario is a bounce of the POI and break of the trendline
Planning to enter this position only in case the trend line will be broken and retested
DYOR, and good luck in your trades
Polygon aka Matic nice uptrend hey everyone,
Polygon is in nice constructive uptrend direction... it may or may not pull back to strong support trendline because its currently consolidating at the point where it is... Previous high was 1.55 approx... next high is 1.72... this year the polygon may break its previous high of $3 if crypto market remain bullish till end of this year... the lowest it can go is 0.98-1.00 since price is above 200ma.. the price may retest the 200ma if market crashes
good luck ...
🔥BITCOIN LAST PUMP TO $28-30k: OPEN LONG WITH AMAZING POTENTIAL🔥Hi, friends! Bitcoin make a pullback after long growth and this is another chance to us to enter a nice long.
I use the previous price pattern to explain to you the MOST possible scenario for the BTC with 3 targets.
📊 TRADING PLAN FOR BTC:
🔥 pullback to $22,600-23,200 value area
🔥 test it as the support or false breakout of the new local low
🔥 volume growth shows us the bottom (as usual)
🚩 In the worst-case scenario for the bulls, the price can reach the lower value area $20,700-21,100. This is an additional place to open a long with amazing potential.
✅ THE MAIN TARGETS FOR BTC:
1. $26,600 - the trendline resistance
2. $28,000- the key level and even number
3. $30,000 - the key level and even number
Traders, the most of last trades have 80-90% win rate, so I think this one will be also successful.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
MATIC Pattern in Weekly TimeframeMatic seems to be remaking the pattern it did before 2021 on the weekly timeframe. The final fix will be the last buying opportunity for me. It is clear that the correction will come up to the 40-week moving average.
MATIC IS STILL BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MATIC symbol.
It seems that we are about to finish the diametric wave F and soon the bullish wave G will begin. Have this icon on your watch list
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 decided to stay above Mema21 after 7 monthsClearly the MATIC has done the first leg run to prove that the downside is limited to 0.7 for now
The price has come out of monthly ema21 after a good sideways zone for about 7 months
The best buying would be now around 1 as the risk is atleast defined and clearly know the downside
MATIC/USDT Possible To Go For A Re-Test Of EMAsHey guys 👋
MATIC/USDT is another one that caught our attention today. Currently on the edge of breakdown we see a good chance for this coin to show some bearish movement sooner this week. Buckle Up and let's go for a ride!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
MaTic BreakOut!Matic has broken its descending channel and completed a pullback to it.
There is a higher probability of climbing.
MATIC: Plan for Swing Trading at Ranging MarketHello Guys!
Today I would like to present to you my trade idea for POLYGON/MATIC.
As you can see, in 4H time frame here, MATIC has broken the trendline with a solid candle and is now testing the 50 EMA.
If you look at 1 day time frame, MATIC is currently at the range between 1-1.2 USD (approximately).
The 4H breakout confluences with the rejection from support/range low of 1 USD.
Now, as long as MATIC does not break the 1 USD support, or if there is a correction from here, the correction does not exceed the box I draw, we can expect MATIC to go to 1.2-1.25 USD range, which gives us a good trade opportunity.
Once MATIC reach the resistance/range high, we can see if there is any bearish signal there, to set up a short trade there back to 1 USD.
Good luck with the trading and remember that this is not a financial advice!
Trade at your own risk!
Hope you find my idea helpful
MATIC (Polygon) after 80% profit we enter short !#MATIC / USD Update:
$MATIC is currently trading at $1.059
According to Coinlion Trend Trader Indicator, MATIC is currently bearish. Short alert at $1.12 (4th of March)
Reminder last bull run from $0.85 (01/11/2023) till the $1.26 (02/25) with plenty of Profit alerts (60-80%)
Now we are shorted MATIC
There is a buying pressure between $0.94 and $1.01
And we are on a support (200EMA) at $1.04
We can reach the bottom of the ascending channel at $0.95 and take some profit
What do you think ?
Please click LIKE button and Appreciate my work.
Coinlion Trend Trader indicator tells me when to enter short or long, when to exit and when to take profit :-)
Thank you.
MATIC on Daily Chart Shows Bullish TrendThe MATIC trend on the daily chart is bullish and will surely seek its last maximum in the coming days
#MaticCurrently, in wave 2 of correction, the cycle is lower and therefore has less weight. But in the higher cycle, the floor is confirmed.
The corrective wave 2 of the higher cycle can correct up to 23% of the Fibo of the previous wave, which is the range of 1.0078.
Therefore, I expect that the bottom of wave 2 will be closed in these areas. The credit level was also announced in the previous post that the bottom of the previous wave is in the range of 94 cents.
MATIC/USDT 4HInterval Resistance and SupportHello everyone, let's look at the MATIC to USDT chart on a 4-hour timeframe. As you can see, the price is moving below the local downtrend line.
Let's start with the support line and as you can see the first support in the near future is $1.07, if the support is broken then the next support is $1.06 and $1.04.
Now let's go to the resistance line, as you can see first we have a resistance zone from $1.08 to $1.10, if we manage to break it, the second zone is from $1.11 to $1.12 and then resistance at $1.13.
Looking at the CHOP indicator, we see that there is a lot of energy for further movement, the MACD is on the verge of returning to a local downtrend, while the RSI is in the process of rebounding in a downtrend..
MATIC 4Hr IdeaIdea showing a higher low double bottom on Matic 4Hr chart
A bottom here would be strong for MATIC on many timeframes
Shown the bottom with the bars pattern
#MATICUSD - A Small Decline to Lower Bounds of TriangleAfter a test and rejection off upper bounds of a descending trend line we've received a Sell signal from Crypto Tipster v2.
There's a nice level at around a 20% drop from the current price which has previous shown as Support/Resistance.
This coincides with an ascending trend line nicely which is our target!
What Do You Think?
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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