MATIC: LOOKS PRETTY INTERESTING.Hello folks, I hope you guys are doing great. Here's an update on MATIC in 12 hours timeframe.
MATIC is entering a crucial support zone of $0.72 to $0.76. This has been the exact level from where we witnessed MATIC bounce back to almost 50% to 80%. This time we may have a similar scenario so I am jumping in and will start accumulating more MATIC.
Here's a mid-term trade setup.
Entry level: $0.72 to $0.76.
Stoploss: $0.7.
Targets: 50% to 80%.
Note: Trade at your own risk and with proper research. If you wish to trade with leverage then I would advise you to analyze the chart in a shorter timeframe and then take your trades. For spot, you can start accumulating.
Thank you for reading. You guys are the best.
Trade safely.
Maticbitcoin
Matic Forming Bullish Falling wedge pattern on Higher Time FramePolygon $Matich showed very good strength through out market trend ! matic is one of the best bridge for eth !
Now making bullish falling wedge on 1D and HTF ! on breakout push of 30% to 40% profit expected
Ps:- This is not a financial advice its my observation on charts !
Polygon MATICUSDT Late Entry Attempt with Stop losswe can attempt to enter maticusdt pair with the stop loss on the lower high that is 1.928 with the entry on current price in case it continues its trend and make higher highs on its way up.
maticusdt target 15 $ maticusdt
Target Ath : 19 $
Target 1 : 11.86 $
resistance : 10.96
Target 2 : 12.53
resistance : 11.80
Target 3 : 14.20
resistance : 13.01
MATIC AnalysisIdeas for MATIC/Polygon
A trendline needs to be established on the USD pair, badly!
On the BTC pair I expect the price action to be 'sticky' along the yellow line plotted
Just taking a breather after a big run
MATIC 4Hr IdeaIdea for MATICUSD
making assumptions on the nature of price movements after channels complete
this current channel is descending, and is possibly a good entry point for a large move
As suggested by the previous channels
As the timeframes get lower the risk/difficulty raises, so take this into account
MATIC Explosive Growth & Price MirroringMATIC has seen some explosive growth
Currently the 50MA is being tested on the USD pair if this holds further upward movement is favored
What is more interesting although is the price mirroring between the USD and BTC pair, both have small double top rejections
MATIC and Ethereum work well together.
Be careful about MATIC can go down to 0.5$ we see correction wave ABC in Matic be ready for this scenario
Matic to make ATH up to 50% gains possible Matic is currently is very bullish and is breaking out, increasing volume and confirming support around the $0.80 area. Price is expected to price reach around the $1.70 mark.
Target 1 : $1.22
Target 2 : $1.52
Target 3 : $1.60
Target 4 : $1.70
Polygon (Matic) Target Hit, New ATH $0.90. Next Stop $1Polygon (Matic) Update: Target Hit @127.20% Fibonacci level, New ATH @ $0.90 140% Gained from this parabolic move! Next Stop $1, .
Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :)
Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain)
Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :)
Update 20/03/2021
Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :)
Update 20/03/2021
Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd
*Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas.
Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins.
What is Polygon?
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains.
Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Key Notes:
The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon.
Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
MaticLooks like overall corrective pattern may break to the downside one more time before destroying overhead targets!
💡MATIC: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021Matic has given breakout frm falling channel, it will retest again at entry point.
Place buy order at entry price on correction it will hit the limit order.
📈#MATICUSDT
➡️Entry: 0.35800$
🎯Target 1: 0.43200$
🎯Target 2: 0.50100$
🎯Target 3: OPEN
Matic has completed big Butterfly for upto 300% moveHey dear friends, hope you are well and welcome to the new update on Matic Network (MATIC)
On the long-term 2-weekly chart, the price action of the Matic Network has completed the last leg of the bullish Butterfly pattern and entered in the potential reversal zone.
Possible profit and loss ratio:
This trade has a huge profit possibility of 300%, and the high loss possibility up to 47%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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Nearing KEY support levels can it hold & continue up?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Matic/usdt descending channelMatic/usdt
Analysis
In descending channel structure since 2 months
Now price is facing upper trendline resistance of channel and (fibo 0.618 resistance )
If breakout happened we can buy breakout or the retest with good stoploss
Good luck & Happy trading
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MATIC/BTC (Test Weekly Swing Support)💎Technical Analysis Summary💎
BINANCE: MATICBTC
-MATIC is approaching fast its weekly swing support around 90-80s sat
-This level has been tested last April and July 2019
-If the over-all market becomes stable especially for the Altcoins
-There is a chance MATIC can easily bounce from this region
-There are conditions that need to meet before buying this coin
-Do not invest or trade blindly without a solid plan
A big Thanks for donating 💰 via Tradingview coins this week to SattarKHAN 🙏🎉
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MATICThe Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
Expanding on MATIC Big triangle has formed
Included a optimal buying zone in green, that includes the present time.
This could moon anywhere so i withdrew from placing a bars pattern.
Volume is currently 161 million
MATIC is also now available on the KYBER network
Matic Network Tetherus USDTIn fact, everything that is drawn in vain depends on Btc. The basis of this work is btc. I don't know anyone else. etc etc we can say. Is it true? partially correct. Bitcoin is very powerful and is the engine of this business. But it should not be forgotten that many coins create their own projects and networks. One of them is Matic Network. The fact that btc ate shorts yesterday and matic did not return to the falling wedge from which he formed last and got rid of it also showed how strong the hodlers are. Of course there are traders who get caught up in the fomo and come out instantly and work with bots. But I think it should not be overlooked yesterday's stance and then its immediate recovery.
As a result, the fate of altcoins is still in the hands of bitcoin. Bitcoin's taking a break and resting here will mean life water for altcoins. I think it can go up first as much as the height of the wedge, then as much as the depth of the bowl. or vice versa, first the bowl and then the retraction of the wedge to its height.
values have never dropped below sma 200 since the beginning of August. If you worry about the irregular movements of the last btc, I think you have a way to 0.040s. The closest point looks like 0.032.
Friends, this is an amateur work. It is definitely not investment advice. I wish everyone a lot of profit.