Matic
MATIC - Long term Wyckoff viiewTwo subsequent accumulation phases. First on chaotic with a poor volume profile, too short a Phase B and eventually an failed mark up phase, abandoned by the COs. Probably also caused by the various Black Swan events around the same time. Second (re) accumulation phase is more 'by the book' and if all goes well, we are already entering the markup phase after this most recent BUAC. We now need to see an impulsive move up on slowly expanding volume.
As an aside: if on the 12hr chart the stochastic crosses below 20 (Please set D to 3 in the settings), there is a good chance of a bounce because either the bottom is in or close. This works only in an uptrend, not during a downtrend.
What will happen to MATIC after leaving the $1 penny Crypto areaWhat will happen to MATIC after leaving the $1 penny Crypto area❓
The Renko Chart shows that Polygon is at an important support line🟩
Chances for a bullish breakout confirmation are good IMO🚀
Let me know your thoughts in the comments🤗
⬇️⬇️⬇️
Likes and Follow for updates appreciated🤗
Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
ETH Denver ; World’s Largest Hackathon TomorrowThis year at ETHDenver, the world’s largest Ethereum hackathon to ever be held, will begin its “buidl” week tomorrow!
During this time developers who chose to come early and get a shot at using brand new technologies which will be unveiled and highlighted during the subsequent “core” week.
During the “core” week is when the most investors and head-honchos will be there to behold these new inventions and fund the creative teams behind them which will overall improve their own existing brand. There will be many new technologies unveiled and a few key networks will be underlying and helping run the event including zkSync technology from both Ethereum & Polygon.
Testnets are already poised for use and may help point some of you more savvy crypto traders discover what tokens to watch after this launch. Mumbai test net and the zkSync ERA technology will also be used for in-event purchases which will NOT be cheap. Meaning; the activity of both networks will be consistently active and assuredly being watched by those trying to sway the event and boost the new technologies unveiled so I do not foresee them letting an opportunity to “pump during the con” due to legitimately brilliant and useful new features that are sure to be the kicker when it comes to major companies like VISA choosing what protocol to run their blockchain on.
What we have needed to produce a full fledged, autonomous market is literally coming out in the next 12 days. Transaction speed/throughput will see dramatic raise along with ease of use which has been a major problem since day one.
Disclaimer; I know nothing, I am nobody, this is all my opinion and should never ever be considered real or some sort of instructional manual. Do with this info as you will.
As for me? I shall be waiting for the pump (along with major buy/sell action to fill in gaps automatically as we jump) and heading to Denver for the convention on the 3rd!
See you there, Bufficorns!
#bufficorn #ethdenver #eth #ethereum #matic #polygon #zk #zksync #era #denver #tech #investors
www.westword.com
ETH/USDT ; MATIC/USDT ;
ETH/MATIC/ERA/MUMBAI ETHDENVERThis year at ETHDenver, the world’s largest Ethereum hackathon to ever be held, will begin its “buidl” week tomorrow!
During this time developers who chose to come early and get a shot at using brand new technologies which will be unveiled and highlighted during the subsequent “core” week.
During the “core” week is when the most investors and head-honchos will be there to behold these new inventions and fund the creative teams behind them which will overall improve their own existing brand. There will be many new technologies unveiled and a few key networks will be underlying and helping run the event including zkSync technology from both Ethereum & Polygon.
Testnets are already poised for use and may help point some of you more savvy crypto traders discover what tokens to watch after this launch. Mumbai test net and the zkSync ERA technology will also be used for in-event purchases which will NOT be cheap. Meaning; the activity of both networks will be consistently active and assuredly being watched by those trying to sway the event and boost the new technologies unveiled so I do not foresee them letting an opportunity to “pump during the con” due to legitimately brilliant and useful new features that are sure to be the kicker when it comes to major companies like VISA choosing what protocol to run their blockchain on.
What we have needed to produce a full fledged, autonomous market is literally coming out in the next 12 days. Transaction speed/throughput will see dramatic raise along with ease of use which has been a major problem since day one.
Disclaimer; I know nothing, I am nobody, this is all my opinion and should never ever be considered real or some sort of instructional manual. Do with this info as you will.
As for me? I shall be waiting for the pump (along with major buy/sell action to fill in gaps automatically as we jump) and heading to Denver for the convention on the 3rd!
See you there, Bufficorns!
#bufficorn #ethdenver #eth #ethereum #matic #polygon #zk #zksync #era #denver #tech #investors
www.westword.com
ETH/USDT ; MATIC/USDT ;
long MATIC$MATIC is bouncing off the support level. Bullish movement to the resistance level at 1.54$ is likely to happen.
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected and finally broke its major resistance and retesting that to change it to a support base band then continue to reach the second target. The targets will be 1.6 and 1.7 .
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
🔥SHIB IS GOING UP AFTER THIS MANIPULATION! TWITTER COIN🔥Hi, friends! SHIB as any other altcoins make a pullback before the pump. Our aim is to find the best entry point and enter the long in time.
I recommend you check my trading plan and use it when the huge pullback to the support value areas begins.
📊 TRADING PLAN FOR SHIB:
🔥 break the triangle down
🔥 test the value area $0.01186-0.0122 as the support
🔥 bullish BTC
🚩 Friends, I leave the small probability that the price continue to grow after the breakout of the triangle up. It's around 10-15% probability.
✅ THE MAIN TARGETS FOR SHIB:
1. $0.014 - the key level and even number
2. $0.01575 - the key level and local highs
3. $0.01783 - the key level and local highs
I think the upcoming pump can be related to the Twitter Coin announce, so stay tuned and use these preconditions to open your longs.
💻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.
Incompetent Management + Payed partnerships = MaticOpinion:
- Bad management bleeding money ->over 250mn in treasury in 2022 -> lay-offs in early 2023
- Treasury mostly held in Matic
- Social media storm brewing (#SANDEEP)
- End of $META partnership hype (Ca. Nov 2022) and begining of speculation over payed partnerships.
I will be writting a full thesis on this trade idea soon
Each level L1-L3 (S1-S3) and TP1-TP3 has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's and L's these percentages are still respected. I like to use the trading range to accumulate by using this tactic.
Just my personal way of using this. This is not intended or made to constitute any financial advice.
This is not intended or made to constitute any financial advice.
FED Macro Situation Consideration:
All TP's are drawn within the context of a return to FED neutral policy. I do not expect these levels to be reached before tightening is over.
NOT INVESTMENT ADVICE
I am not a financial advisor.
The Content in this TradingView Idea is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained within this idea constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.
All Content on this idea post is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in the idea/post constitutes professional and/or financial advice, nor does any information on the idea/post constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other Content on the idea/post before making any decisions based on such information.
$Matic - End of PUMP Era - Retest $0.3Matic printing BEAR FLAG pattern just like $BTC did Jan-Apr 2022 (TERRA LUNA COLLAPSE)
POLYGON had already gone through big announcements and finally Sell the HYPE?
And ARBITRUM taking the edge over POLYGON
Complacency Phase. Expecting New All Time Low
MATIC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Polygon (MATIC) was one of last week’s big movers, however, it has now fallen for a fourth straight session.
MATIC/USD dropped to a bottom at $1.41 on Tuesday, less than a day after the price was trading at $1.50.
On Saturday, polygon bulls pushed prices deep into the overbought territory by leading the token to its strongest point since last April.
As a result of this overbuying, bears saw this as an opportunity to reenter the market, sending the RSI from a high of 75.10 to a current reading of 62.70.
The index is now hovering marginally above a floor at 62.00, and should this be broken, bears could attempt to extend recent declines.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
MATICUSDT 20022023 Short IdeaOn Hourly chart, MATIC has been trying hard to break and sustained above 1.5500, however it has failed thrice. Further on hourly timeframes MATIC is failing to break previous HH and making Higher lows. 1.4700-1.4800 has becoming important support Zone. Looking at the indicators, candles pattern and chart formation a short position can be taken as per below setup.
MATICUSDT
Entry: 1.4781
SL: 1.5417
TP: 1.3827
RRR: 1.56
Rejection of MaticI think there is opportunity for rejection of matic about 1.56 above. What do you think?
🔥MATIC IS GOING TO MAKE +120%, BUT ONLY AFTER THIS!🔥 Hi friends! MATIC looks much stronger than other altcoins because it's a strong fundamental project.
📊 THE TRADING PLAN FOR MATIC:
1. pullback to $1.3 key level (is a must-have) and test it or the false breakout (much better)
2. volume growth. As you can see, it always grows at the bottom
3. bullish BTC
🚩 It's essential to see the huge buy orders of the whales on DOM and Footprint. I use these scalping tools to track the big guys on crypto market and make a profit with them.
✅ THE LONG TARGETS FOR MATIC:
🔥 $2.1 - the ley level
🔥 $2.45 - the key level, local highs
🔥 $2.92 - the key level, ATH
If the price makes another 100%, it become #6 or #7 in the capitalization list (now #9), overtake XRP and reach $25B cap. Possibly, it can renew it's ATH if BTC reach $32-35k.
Traders, this is a scenario where I will open my longs, but it can go straight to the first target, because it's so strong.
💻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 IS A MOST STRONGEST ALTCOIN: +20% IS ONLY FIRST TARGET🔥 Hi friends! Matic fell well and very bullish altcoin unlike Cardano and many other weak altcoins. In this idea, I will explain my point of view and the most possible scenario for Polygon.
Now we see how the price makes a pullback after the test of the value area of $0.89-0.94 as the resistance. Matic fell to the key level of $0.76 and this is a key area where we should open a long.
📊 PRECONDITIONS TO OPEN A LONG ON MATIC:
1. false breakout of the key level of $0.76
2. volume growth
3. bullish BTC
✅ THE LONG TARGETS FOR MATIC:
🔥 $0.89-0.94 - closest value area and strong resistance
🔥 $1 - key level and even number
🔥 $1.3 - local highs and key level
🚩 Take a look at the chart and previous value areas tests. It became the strong resistance so often, so if MATIC makes a false breakout after reaching it, I recommend you to close the whole trade and pull the sl to breakeven. Also, you can try to open a short but only if you will see that BTC will become bearish soon.
Traders, what is your opinion on MATIC? Do you hold this coin as a long-term investment? Let me know 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.
MATIC usdt shortsetup 4 hourBINANCE:MATICUSDT
Heres my key Targets for MATIC rightnow.
TIGHT STOPLOSS ..
SHORT
LET'S GET THIS CRYPTO !!
BINANCE:MATICUSDT
MATIC looks bearishHello, everyone!
Let's take a look at the BINANCE:MATICUSDT chart. After the huge downside impulse price is printing the clear upward sloping trend channel. We can also notice that it formed the deviation below this channel. It was the fake breakdown to stimulate traders open short trades.
In such cases price usually tends to create the same deviation to the upside. It could perfectly coincides with the supply zone above. Therefore I expect the MATIC price a little bit higher at $1.8 and crash after that.
Best regards, Ivan
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Long: FTM/USDT.P, MATIC/USDT.P, and GRT/USDT.Pentered these a little hastily a little while ago but i'm thinking there may be just a tad more bullish price action to squeeze out from the insane moves we've seen recently.
i'll be playing these really defensive, moving stops up and scaling out as needed