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MATIC♾️ reloadedLast Polygon triangle breakout trade ended with profit... 👇 Now I have a new setup for you! MATIC ♾️ seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.95 and even higher. ENTRY : local high @ 2.161 SL : local low @ 2.056 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.95 RRR : 7.5 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MLong
by bizmark
Polygon Price AnalysisIn isolation, Polygon’s prospects look constructive. However, my concerns are regarding the market as a whole. Bitcoin’s price action is sluggish and is likely to remain that way for the foreseeable future. Furthermore, due to the FOMC’s hawkish taper timeline, broader macro conditions are breaking down. Subsequently, the tailwind for crypto prices is dropping off. Furthermore, trading conditions are likely volatile and illiquid over the festive period. Therefore, Polygon could experience wild swings in price over the next two weeks. That’s why, in my opinion, closing or reducing profitable trades into year-end is often a sage move. If the market turns lower, a logical destination for the MATIC price is the 200-DAY Moving Average at $1.443, around 40% below the current price. Looking at BTC and Ethereum today, the chances of Polygon testing $1.443 in the next week or so is high. Furthermore, a broader market risk-off could extend MATIC towards $1.000 Of course, cryptos often defy logic, and on that basis, Polygon could continue higher even if the market turns. Subsequently, a close above $2.500 invalidates my bearish view. Hello, community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts.
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by thomasfullerofficial
MATIC triangle breakoutIt's been weeks since my last Polygon trade 👇 Now price seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.275 and even higher. MATIC , come on!♾️ ENTRY : local high @ 1.867 SL : local low @ 1.743 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.275 RRR : 3.3 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MLong
by bizmark
Polygon - a short term analysis (important)There are 2 scenarios If Bitcoin continues to fall, Matic is likely to miss this short uptrend and could drop as low as $1.7 But Polygon has enough power to keep climbing and even touching ATH at $2.7 (even with a slow BTC drop) However if the yellow trend line breaks, You can sell a small amount of your Matic for around $2.02 and wait for lower prices to re-enter Remember that MATIC Supply on exchange is less than 0.2% and is still decreasing .. Dear Friends, It would be nice to show your support by liking and maybe posting your comment Good time
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by CryptoSideway
2
MATIC/USDT : No more fun for bulls...BINANCE:MATICUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! Recently #MATIC has rallied above $2.5, Now it just formed a bearish order-block at the local high on 12H's time-frame and rejected below the EMA50. Here we have the EMA50 as resistance and I expecting more downward movement till MSB for filling some bids at there, After that; We might see more bullish momentum because of the approaching EMA200 ! However I expect the continuation of downward movement to the S/R line and more till order-block. But any pullback from MSB and retest on H12 (Supply) will gave us this opportunity to SHORT the movement till the Equal Lows... - How I would play this now ? I'll be waiting for MSB and then set limits to short on formed H12 Supply into the equal lows below. In any other case we have to wait for #MATIC to form the bottom and take LONG to the Supply above ! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
MShort
by Helical_Trades
42
MATICUSDT Enjoy 🚀🚀🚀 (1H Signal) Follow me, its good IDEA :) Now Matic have very interesting situation because we can see together triangle, suport and resistance line. 2.00 area are very strong suport in this time, if this suport broken we will see 1.55 area, but firs of all we need to wait when trend be confirm, it's also have small possible to Matic start grow up and in this situation we need confirm breakout 2.20. Now Matic is very interesting for a little time frame scalping. (1,5,15m) for a long/Short position we need hard confirmation for a trend. Please share your opinion in the comments :) This is not financial advice !!!
M
by freeanalysis4