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Matic

MATIC is in danger, it will DUMP hard!Hello, everyone! Let’s continue to analyze the most dangerous altcoins which showed the greed during the bounce on the Bitcoin. Today it’s MATIC time. It now has the most dump potential. I suppose that the market maker created the fake growth on this altcoin to show other traders the illusion of the asset’s power. Of course it’s fake and MATIC is going to break or at least test it’s bottom at $0.33 and I will show you why. Let’s go! Let’s take a look at the 1D time frame of the MATICUSDT of the WhiteBit exchange. The bottom at $0.33 was the end of the wave 3 as on the entire crypto market. The corrective wave 4 retraced this wave with the zigzag correction. Zigzag correction usually consists of wave A (5 waves), wave B (3 waves) and wave C(5 waves). You can see on the chart how perfectly the market structure for MATIC corresponds to this theory. One question you can have is why the wave 5 did not break the wave 3 top in the wave C. I can explain it because wave 5 could be trimmed. It’s OK for the altcoins. Now the price is drawing the wave 5 and I suppose the the sub wave 3 of this wave is in progress. The minimal target for the wave 3 is the $0.61 – 1 Fibonacci extension level, but I think MATIC will hit $0.3 again because the 1.61 Fibonacci placed right here. Best regards, Ivan _______________________________________________________________________ Guys, if you like my analytics, please support me with your boosts and comments!
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by Skyrexio
20
MATIC/USDT 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:-Buyers controlled the price action in the past seven days when MATIC registered a 9.3% price increase. This uptrend is expected to continue, but the bulls will face strong resistance at $1, where the price was rejected before in the past. The current support is found at $0.9078, and MATIC has always moved higher from that point in the past few months. This also places MATIC in a large range between $1 and $0.74. Looking ahead, MATIC may attempt another break of the key resistance at $1, but it will be a tough ask. Sellers always came back at those price levels, and they could return again, which may push the price back below this psychological level. 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
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by CryptoSanders9563
1
InvestMate|MATIC Time for Growth💲💲MATIC Time for Growth 💲Matic has been looking very pro growth in recent weeks. 💲You can see that the fundamentals are working and pushing this cryptocurrency upwards 💲Over the 21 November low we have been making a sequence of increasingly higher lows which is very indicative of a developing uptrend 💲We can see that we are above the 50 and 200 moving averages. 💲The nearest support zone is the zone defined by the cluster of two fibo levels. 💲The first is the 0.236 level of the entire upward wave from the June bottom to the November peak. The second is the 0.886 level of the entire upward wave from the July 2021 bottom to ath. 💲The most significant line of resistance will be the zone defined by the cluster of as many as three levels. 💲The first is the 0.382 level of the entire upward wave from the bottom of September this year to the peak of November. The second is the level of the October peak and the third last is the level of 0.618 of the entire upward wave from the covid bottom to the May 2021 peak. 💲The scenario I am playing out is to wait for a strong breakout and join the uptrend to reach the resistance zone. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💲*Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
MLong
by InvestMate
20
MATIC - Ready for Higher30 cents to 1,27$ was the previous set and Matic seems ready for a new rise to the same level 1,27$ Only this time it will be the third and third attempts have greater chances of succeeding. Still early since the first target is 1.09$ but things in crypto move fast. Some projects will go to Zero, others will rise. Matic Polygon is in the second category. News: The number of Polygon-based NFT sales has increased by 191% since the end of September, the best result of any blockchain. This mark has been achieved by integrating Polygon's power into the infrastructure of top Web2 companies. In a short period of time, Starbucks, Instagram (Meta), Reddit and many others have used this Layer 2 blockchain's capabilities. How have NFTs fared during the downturn? Polygon saw a 191% increase in NFT sales since the end of September as Web2 companies attempted to fully integrate NFTs into their platforms.Starbucks, Reddit, and Meta have all integrated with Polygon. Polygon is currently fourth among all chains in terms of total NFT sales since the beginning of the year. However, it would be more interesting to see how Polygon's successes this autumn have affected the price of the fuel powering its network. We're talking about MATIC, currently ranked tenth among the largest crypto assets. Polygon seems like the right choice. One Love, The FXPROFESSOR PS. Remember: market is GREAT if you are used to taking profits:
MLong
by FX_Professor