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Matic

MATICUSDT potential mega-move (x3-x15)Based on the current market trend and technical analysis of MATICUSDT, the trading idea is to initiate a long position with a buy zone between 0.94-1.00$. Here's the rationale behind this trading idea: MATICUSDT has been in a strong uptrend since the beginning of the year and has shown consistent higher highs and higher lows on the daily chart. This indicates a strong bullish sentiment among buyers. The price has recently pulled back to the support level around 0.94-1.00$, which has historically acted as a strong support level in the past. This presents an opportunity to enter the market at a lower price point. The potential upside for MATICUSDT is very promising, with the first target at 1.75$, which represents a potential gain of around 75% from the current buy zone. This target is based on the previous resistance level that MATICUSDT has struggled to break in the past. The second target is at 2.35$, which represents a potential gain of around 135% from the buy zone. This target is based on the extension of the current bullish trend. The third target is at 3$, which represents a potential gain of around 200% from the buy zone. This target is based on the Fibonacci extension level of the previous uptrend. It's important to note that there are always risks involved in trading, and it's essential to have a proper risk management plan in place. Also, the potential uptrend of 15x is a hypothetical scenario, and there is no guarantee that the market will move in the expected direction. It's always recommended to perform due diligence and make informed decisions based on your risk tolerance and trading experience.
MLong
by ego1smo
(MATIC) Short setup I will be keeping an eye on.Details below but I will be keeping an eye on this opportunity. I doubt I will do TP3 myself but if you are greedy it's an option. Also, I was unsure on the stop loss on this. Basically you can set it just outside the resistance zone or you can move it up higher to the previous week value area high. I think i prefer the smaller stop loss. Asset:MATIC Trade Type:Short Evidence: 1. Naked Previous Week Point of Control 2. Daily Resistance 3. 236 retrace 4. Cur Month Point of Control 5. Weekly Pivot R1 Entry: 1.2217 Stop Loss 1.2701* TP1 1.1369 TP2: 1.094 TP3: None or 0.9266 Stop loss could be moved up to 1.3551 and still be a good R:R.
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by mrbudershank
🔥 LIDO DAO: THE TARGETS FOR THE BIGGEST STAKING PLATFORM🔥Hi, friends! Lido DAO is the biggest independent staking platform. A lot of stackers(and money) start to flow here after the US ban the Kraken staking products. I think it's the next crypto gainer, especially if SEC starts to regulate crypto. 📊 MY TRADING PLANS FOR LDO: 1. fall to the $1.93-2.2 value area and test it as support (close above) 2. volume growth (the buyers open longs) 3. bullish BTC 🚩 I use DOM a nd Footrpint scalping tools to identify the buy/sell orders of the whsales. It's not to hard, because you can see $1,5,10M orders and understand that the whales are going to buy or sell there. You can long or short crypto depends on this info. ✅ MY TARGETS FOR LDO: 🔥$3.32 - the local highs and key levels 🔥$5 - the key level and even number 🔥$10 - the even number $10 is a highly possible target if the regulation begins and such independent platform as Lido will pump. The same situation as it was with the collapse of FTX and wallets (TWT, SFP) and DEXes. 💻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.
by Yuriy_Bishko
1
MATIC - Just Like A Bow And Arrow 🏹 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
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by TheSignalyst
24
🔥FILECOIN IS GOING TO MAKE ANOTHER 40% PUMP AFTER THIS🔥 Hi friends! Filecoin is the biggest storage blockchain platform in the world. Like other storage platforms, its use case is relatively simple to grasp. Unlike centralized storage platforms like Google Cloud and Microsoft Azure, it uses decentralize storage platforms. Now FIL grows after the huge dump. If you know the main trigger of this pump, write in the comments. 📊 TRADING PLAN FOR FILECOIN: Filcoin consolidates inside the channel but already breaks the value area up. It confirms the bulls presence. Actually, we need to wait the breakout of the channel up and the test is at support to open a long trade trade. I recommend you open a long trade when the price break the channel up and successfully test it as a support. 🚩 If the price will make a false breakout of top of the channel, it will be a good signal to open a short trade because this accident shows the bulls weakness. You can see the same case at the beginning of December (red area), when the price break the important value area but break it down and the price fall for -35%. ✅ MY TARGETS FOR FILECOIN: 🔥 $4 - the key level 🔥 $4.35-4.5 - the value area 🔥 $5 - the key level 💻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.
by Yuriy_Bishko
3
🔥DOGE MAKES A FALSE BREAKOUT: WHAT TARGETS CAN IT REACH?🔥Hi, friends! Dogecoin is ready to explode soon because of false breakout of local low. This is one of the most powerful trading patterns! So in this idea, I will show you the best entry point to long. Read to the end! 📊 MY TRADING PLAN FOR DOGE: 🔥 a pullback to $0.079-0.081 value area 🔥 bullish BTC 🔥 huge buy orders on DOM and Footrpint scalping tools which helps me to track the big guys and open a trade with them 🚩 Friends, one more pullback is highly possible, because I expect BTC to trap long traders one more time. The BTC pullback leads the 99% alts to make a pullback too. DOGE can possibly reach $0.071-0.074. This is one more place to open a long with great RR potential. ✅ MY TARGETS FOR DOGE: 1. $0.1 - the local highs 2. $0.11 - the closest key level 3. $0.136 - the key level Traders, how do you think the upcoming pump will be related to the launch of cryptocurrency payments on Twitter? Write in the comments! 💻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.
by Yuriy_Bishko
2
🔥dYdX MAKE A PULLBACK: THE BEST PLACE TO OPEN A LONG!🔥 Hi friends! dYdX made +200% from the entry point at $1.01. Now, we see that trend is fading. I explain my expectation for dYdX in this idea. Read to the end! 🚩 Why do I think that pullback is possible? The main precondition is a volume growth at highs. As you can see on the chart when volume goes up at highs so the price goes down. 📊 TRADING PLAN FOR DYDX: 🔥 pullback to $2.3-2.5 value area 🔥 volume growth at the bottom confirms the presence of buyers 🔥 bullish BTC is a must-have for altcoins growth ✅ MY TARGETS FOR DYDX: 1. $3.62 - the key levels and local highs 2. $5.3 - the key level 3. $7.3 -the key level Friends, what did you trade dYdX previously? Write in the comments! This is DEX (decentralized exchange) which will be the top gainer in case of crypto regulation. 💻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.
by Yuriy_Bishko
2