MATICUSDT → Breaking through triangle resistanceBINANCE:MATICUSDT is forming an attempt to change the trend. The price is testing the resistance area of the descending triangle. A consolidation above the key level may start a strong distribution.
MATIC price is still in a bearish trend amid a strong cryptocurrency rally. For the last few days, the coin has been forming a resistance retest and is currently consolidating above 1.0303, a level that now plays a key role. If the bulls consolidate their positions above this level, they will form a potential for further growth of 20-50%. The first target is 1.1990, then 1.5490. On the weekly timeframe we see that the price realizes growth inside the range, the target of which is resistance.
Support levels: 1.03030, 0.9849.
Resistance levels: 1.1990, 1.5496.
The coin is breaking the resistance, but it is still under the pressure of sellers. If buyers consolidate their positions above 1.0303, form the so-called local bottom, strong growth awaits us in the medium and long term
BITSTAMP:BTCUSD CRYPTOCAP:TOTAL2 BINANCE:MATICUSD
Regards R. Linda!
Matic
MATIC/USDT A fantastic opportunity LONG trade!BINANCE:MATICUSDT The weekly chart has recently breached a significant resistance level, with the price now trading above it. This sets the stage for a promising long trade, with a potential target price ranging between USD 4 to 5.
#MATIC/USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $1.1668
Take profit 1: $1.5055
Take profit 2: $2.5197
Take profit 3: $5.0244
Stop Loss: $0.7197
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
#MATIC #MATICUSD #MATICUSDT #Polygon #Short #ShortSetup #Eddy#MATIC #MATICUSD #MATICUSDT #Polygon #Final #Update 'C' #Short #ShortSetup #Eddy
I'll Think Its Time to short Crypto ;-)
It's My New short setup on Polygon Matic <3
We are in the heavy supply order block range of the daily time frame, which is in the heart of the order block of the weekly time frame!
You also enter into sales short positions after checking the multi-time frame and getting the necessary approvals & at your own risk.
Related Analysis of Polygon Matic : (( MATIC/USDT )) : Check Link :
Polygon Matic Short Setup in #Update 'B' : (( MATIC/USDT )) : Check Link :
(( We got 19% profit in update 'B' ))
MATIC - Don't Miss the PARABOLIC ALTSEASON coming📉Hi Traders, Investors and Speculators of Charts📈
We're all looking for solid projects that have good fundamentals... and good upside. MATIC is one of those altcoins that haven't yet made a new ATH. Infact, it's not even close to its previous ATH with 190%+upside potential!
From a technical indicator perspective, we see a reliable "BUY" signal in the weekly timeframe:
From here, I expect altcoins to start making their rallies. Find more info on alt season 2024 here:
And if you need a little bit more technical info on how the rotation between BTC and altcoins work, check out this idea:
Cheers to another profitable day in crypto 🥳 And remember to realize gains🥂
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BINANCE:MATICUSDT
Alikze »» BTC | Next move scenariosAccording to the analysis presented in the weekly time frame, Bitcoin registered a new ATH and is currently facing selling pressure in the lower time frame. Three movement scenarios can be considered for the next movements of Bitcoin.
🔰 The first scenario : if it is not able to break this ceiling in the weekly or daily time, it can continue its growth with a pullback to Fibo 0.78, the range of $50,000 and confirmation of the return to Fibo 1.618 and the next supply area.
🔰 The second scenario : with the failure of the current area, it will grow up to the Fibo 1.618 range of $75,000 and continue its growth with a pullback to the previous major ceiling until the supply area.
🔰 Third scenario : if it enters the correction phase and if it breaks the 0.78 fibo, this correction will continue and probably touch the 1.272 fibo of the previous wave.
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MATICUSDTHi guys
It seems that the two entry points that we specified are low risk for entering the sale transaction.
But there is a possibility that the downward trend will start from this area.
What do you think?
MATIC/USDT planning upward journey what's in your mind?💎 Paradisers, get set for a promising opportunity with #MATICUSDT as it faces a setback from the supply zone, suggesting a strong chance for a bullish rebound from the demand level.
💎 Historically, we've seen supply transform into demand, propelling the price upward. Currently, #Matic surpassing robust supply zone $1.0535 a strong chance for a bullish pivot from the current demand level. The asset's robust position above the ema55 is signaling a potential uptick.
💎 On the flip side, should the $POLYGON dip below the $1.0535 demand level, we could see a shift towards a bearish trend it time to revise strategy a bullish rebound expected from lower demand $0.8318 droping below casue donward.
MATIC price update#MATIC Price Update: After a successful breakout from a zone marked in green, we will see massive gains. We could take entry after 4 hours candle close above the marked zone. Always use stop-loss. Everything is on the chart.
LDO Is VERY Close To MOONING
MartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here
LDO is trying to break out. It will have a nice move in very near future but watch the video to find out when it can moon. You don't want to miss this when it starts to move.
It has very good structure and price action Similar to CHZ and MATIC last bull market
it's a moon structure
Please watch the video for more information
Have a great evening.
Alikze »» WAVES | Short-term rising wave 3 scenarioIn time D1 and W1, it is moving in a long-term ascending channel. After exiting the density and an upward correction, the zigzag is currently moving towards the targets specified in the chart in the microwaves of the 3rd ascending wave. In the weekly time, the first supply range must be broken to continue the path to open the path for the next targets. Therefore, the most important resistance in front of it will be the first supply range.
⚠️The failure of the first supply area will be corrected.3
🔰 At the beginning of micro wave 3 or C rising is located. Therefore, there is a possibility of rapid movement.
🔰 If this wave is extended, there will be the ability to break and break the first supply area to the second area.
🔰 The bottom of the current wave can be considered as invalidity of the analysis.
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Riding the Fibonacci Wave: A Strategic Approach to Price PolygonTitle: Riding the Fibonacci Wave: A Strategic Approach to Price Targets
Introduction:
In the dynamic world of financial markets, traders are constantly seeking reliable tools to forecast price movements and identify potential reversal points. Fibonacci retracement levels have emerged as a popular and versatile technical analysis tool, providing traders with a systematic approach to understanding market trends. When applied judiciously, Fibonacci retracements can offer valuable insights into potential price targets, enabling traders to navigate the markets with increased precision.
The Ascent: Riding the Fibs Upward:
As an asset experiences an upward trend, savvy traders often turn to Fibonacci retracement levels to gauge potential resistance and project future price targets. By applying the Fibonacci retracement tool from the swing low to the swing high, traders can identify key levels where the asset may encounter resistance during its ascent. The retracement levels, such as 38.2%, 50%, and 61.8%, act as potential support zones, offering strategic entry points for those looking to ride the upward momentum. As the asset climbs, traders closely monitor these Fibonacci levels, adjusting their positions and leveraging the insights provided by the Fibonacci retracements to optimize their risk-reward ratios.
The Descent: Navigating the Retreat:
However, markets are inherently volatile, and trends rarely move in a straight line. Understanding the potential retracement levels during a pullback is equally crucial for traders seeking to maximize profits and minimize risks. As the asset retraces from its peak, traders can utilize Fibonacci retracement levels from the recent swing low to the swing high to identify potential support zones. These levels, including 38.2%, 50%, and 61.8%, serve as crucial areas where the asset may find support before resuming its upward trajectory. Traders employ a disciplined approach, combining Fibonacci retracements with other technical indicators, to validate potential reversal points and make informed decisions as the market retreats.
Hitting Targets: Precision in Profit-Taking:
Successfully navigating both the upward and downward movements using Fibonacci retracements allows traders to set precise profit targets. By strategically placing take-profit orders near key Fibonacci levels, traders aim to capitalize on market movements with a calculated approach. This method provides a structured framework for profit-taking, allowing traders to secure gains as the asset hits predefined Fibonacci targets. In this way, the combination of riding the Fibonacci wave upward, navigating the retracement, and hitting profit targets offers traders a comprehensive strategy to enhance their trading success in the dynamic world of financial markets.
MATIC - Skys the limit!Breaking out on the weekly, sitting and holding long term uptrend line.
When matic moves it moves hard and fast like a torpedo.
With ZK going live properly soon, strong team and great bear market survival I am happy to hodl this position.
Unless BTC keeps ripping and pulls more liquidity, or crashes and brings everything down
Matic vs TetherMATICUSDT BINANCE:MATICUSDT
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
MATIC (Y24.P1.Video1).Finding levels of impportanceHi Traders,
This one is good for those who want to find levels of importance which is our groundwork prior to trading the levels using SFP's or Failed Auctions.
On the macro perspective, we use other strategies that is not covered here but again, these levels played the role for decisions.
We used 3rd party tools as well and maybe there are scripts here on Tradingview that also do the same. I know there is some but how well they do it, I have not checked.
Moving forward, if you want to ask questions about this approach, I will point you in the right direction.
All the best,
S.SAri
Current resistance, VAH
completed
MATIC IS BACK - VOLUMEThank you for reading our update. Please remember that this is not advice for trading.
MATIC Looks to have a new uptrend volume
MATIC/USDT 4HInterval ChartThe last one in today's list is the MATIC chart in the USDT pair, like its predecessor on a four-hour interval. First, we will use blue lines to mark the upward trend channel in which we could observe an attempt to break the price down, but as it turned out, it was a false break after which the price returned to the channel and started dynamic growth, creating an upward trend line along which moves.
Moving on, we can move on to marking the resistance points. And here, as the first one, we have a strong resistance zone from $1.01 to $1.09, which is the place of the last price hill, and the current place of struggle, when the price breaks out of this zone, it may result in a quick move towards the resistance at $1.34.
Looking the other way, we will determine support areas and here we can determine the first support at $0.93, then the second support at $0.83, and then the third at $0.77.
After turning on the EMA Cross 10 and 30 indicator, we can see how they continue to indicate that the current uptrend is continuing.
Please look at the RSI indicator, because despite the increases, there is room for a potential further upward movement, while when you look at the STOCH indicator, you can see a movement above the upper limit, which often leads to a reduction in growth or a correction.
#MATIC/USDT #MATIC
The price is moving in a descending channel on a 4-hour frame
It is expected that this channel will be penetrated upward with stability above the Moving Average 100
Also we have oversold on MACD
Current price 0.8262
The first target is 0.8782
The third target is 0.9562
The third goal is 1.026
Keep an eye on $MATIC/USDTDid you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @FarmanBangashh
MATIC may rally 300 % It's long term analysis DYOR
You musdt have strong patiense to reach the TPs
all are shown on chart
Good luck !
Matic Long Term SetupHello everyone (whoever follows or aware that I exist),
I believe Matic will claim 1.34 in a month. We can expect a small correction from around there and then the last impulse move will occur.
All targets specified.
Good luck to us all.
MATIC - Bullish Flash on THIS Indicator 📢📉Hi Traders, Investors and Speculators of Charts📈
If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - we just saw a bullish "BUY" signal flash on the weekly from a powerful indicator!
Polygon is unique in that it's a blockchain platform designed to work with another blockchain platform. It improves Ethereum's scalability - which we all know if the biggest problem of ETH. ETH dApps can use Polygon's sidechains, thereby making it a functional and fundamentally great choice as an altcoin asset.
One of the exciting things about Polygon is the partnerships it has established. Many big brands are working with Polygon to launch their NFT projects. Current partners include:
✅ Walt Disney
✅ Starbucks
✅ Meta Platforms
✅ Nike
✅ Mercedes
✅ Google
✅ Adidas
✅ Adobe
✅ Mastercard
✅ Reddit
While it might not pump as hard as other altcoins, it's also far less likely to fail than smaller , newer cryptos with similar aims - and it still has plenty of room to grow. Its partnerships make it an interesting buy for those who are interested in a well diversified portfolio, containing assets with real-world use case and strong fundamentals.
A possible scenario like this seems possible IF we can maintain closing daily candles ABOVE the diagonal trendline (support):
A drop and CLOSE UNDER this zone invalidates short term bullish sentiment:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
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BINANCE:MATICUSDT