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MATICBTC

MATIC loading up for a big move!Here's a quick Look at MATIC daily chart. As we can see, the price has been forming a bigger symmetrical triangle and we could see a break to the upside soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: 1. 1.7$ 2. 1.97$ 3. 2.2$ 4. 2.44$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern, if validated, or a powerful reversal pattern, in the event of failure. 3. There are three potential triangle variations that can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
MLong
by MBM_Crypto
5
Polygon vs Bitcoin Chart Analysis (MATICBTC #3)Formally known as MATIC Network, Polygon (MATICBTC) did some really amazing numbers. We can see that in the first half of this year this pair grew over 12,200%. Wow. After hitting a new All-Time High in May the correction has been going now for more than 5 months but it seems that there can be more. The 0.618 Fib. retracement level has been taken out and we see a Doji forming right above EMA50, but the chart structure is showing potential for additional correction. If MATICBTC can move and stay above 0.00002574 weekly, the bullish potential opens up. Every day/week that passes below this level and we are looking at a stronger correction. Around 0.00001466 which is where the 0.786 Fib. retracement level is sitting can be a good support, this also coincides with EMA100. Strong/fast price appreciation can lead to long-lasting corrections. See the chart above for additional information. Wishing you a lovely weekend. Wishing you great health, wealth, bliss, abundance, and infinite success. Namaste.
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by AlanSantana
5
MATIC - What's Next?Okay so Matic since my last post has done wonders and has given my followers massive profits :-). MATIC shot up so hard and broke all the resistances, however, we got rejected from the 0.786 of the last high exactly just below my TP2 :-), MATIC is now resting/retesting and it is all fine for a healthy move. I believe that once we break the new resistance trendline this move will take MATIC to $1.6 and $1.7. Btw, this is just a shortterm analyses on MATIC, for Longterm, MATIC has not even started yet ;-) Good Luck! If you liked this idea give up a thumbs up guys ;-)
MLong
by TychonTrades
MATICUSDT Technical Analysis⏳ Spot 💎 MATICUSDT has formed a symmetrical triangle. after the breakout by a large green candle it might go for a retest and then continues the Bullish move. 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 1.350 ☕️ TP1 1.635 🍺 TP2 1.800 🍻 TP3 2.000 🍾 TP4 2.200 🍷 TP5 _____ 🍸 TP6 _____ 🍹 TP7 _____ 🎁 TP8 _____ 🚫 SL 1.230 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
MLong
by Fibonacci-Signals
MATIC NETWORK May see a huge gainMATICUSDT have formed a very nice falling wedge and this has caught my eyes because for such setup to be completely dusted we need to see price get back to start of the formation. Price have broken out of this setup, formed and broken out of a bullish flag and is in the process of retesting the breakout point or let's say forming another bullish flag. Let's see what happens from here on. PPPDirhams. Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
MLong
by Kingsley_lotanna
2
MATICUSDT Technical Analysis ⏳ Spot 💎 MATICUSDT has formed a Bullish Flag. The price might go to the lower band of the Flag even lower to Pullback zone, then after rejections can go up. After the Flag breakout it will go higher. 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at 1.160 ☕️ TP1 1.500 🍺 TP2 1.700 🍻 TP3 1.900 🍾 TP4 _____ 🍷 TP5 _____ 🍸 TP6 _____ 🍹 TP7 _____ 🎁 TP8 _____ 🚫 SL 1.050 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
MLong
by Fibonacci-Signals
2
Matik - the best place to buy here ❗❗❗❗On the Matic, a trend line has formed on the chart. The price has broken it and is now testing it as support. This is a good signal for the continuation of the rise. Additionally, price is forming higher highs and lows, which also indicates that locally, on the smaller timeframes - the trend has reversed. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
MLong
by Yuriy_Bishko
18
AutoMATIC buy 2Just bought Polygon as it broke up this triangle 📐 and I think there is chance for run to 1.3 and even higher. It dropped back into the triangle, but I think it will break up again. Mr. MATIC do you agree❓ ENTRY : local high @ 1.112 SL : local low @ 1.064 TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 1.3 RRR : 4 INVALIDATION : when SL level hit 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
2
Maticusdt , The buying area is very close Hi guys In here we had downward trend until days ago but when the key is broken the trend was changed to upward trend ( The key : is the area that change the trend , if you dont know it follow us and check our previous analysis ) We are traders in the direction of the trend , the trend is upward and we only take long position or buy we need a little come down the price then with signal ( TAKE SIGNAL THEN TAKE POSITION ) we are taking the position until to reach one of the TP Dont forget put stop loss and dont forget to risk free your position check the chart in multi-time frame like 1h and 15m or ... Matic is one of the powerful project in second layer Good Luck Abtin
MLong
by Abtin00
2
MATIC/USD - Massive descending triangle. $0.75 and $0.40 next?MATIC is in a corrective pattern after its massive pump to $2.5. We seem to have formed a large descending triangle (in blue) which will likely have price bounce around its support and resistance levels for quite a while. I don't expect us to leave this triangle until early 2022. Hence, make sure to consider any decision based on this structure. The most immediate support is around $0.75 which can act as support, it did last time. However, if the overall market turns bearish and BTC/ETH breaks their key support, then MATIC will have a quick dive to $0.4 which is our next significant support. If that fails then we have a lot of air beneath us. You don't want that to happen. Large timeframe indicators are all bearish, so apart from some bounces at key levels, we will slowly bleed down to the two support levels stated. Volume is also very low, so bias remains bearish medium term. Like and follow if you liked this idea!
MShort
by DU09
Polygon (MATIC) - September 24Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (MATICUSD 1W Chart) - Mid-Long-Term Perspective Support and resistance are weak due to a sharp rise. Accordingly, careful trading is required. If the price maintains above the 0.234-0.346 range, we expect the uptrend to continue. It forms a high point in the section 1.073-1.169. So, if you fall in this zone, you can temporarily touch the 0.681-0.743 zone, so you need to think about how to respond. (1D chart) It is necessary to check whether the price can be maintained above the 1.073-1.169 section where the high point section is being formed. Accordingly, if the price is maintained above the 1.227 point, it is expected to turn into an uptrend. Resistance range: 1.634-1.837 Breaking out of the downtrend line is the priority to move towards resistance. Therefore, it is necessary to see if it can rise above the 1.443 point and raise expectations for an uptrend. If it falls in the 0.618-0.821 section, Stop Loss is required to preserve profit and loss. ------------------------------------- (MATICBTC 1W Chart) - Mid-Long-Term Perspective Support and resistance are weak due to a sharp rise. Accordingly, careful trading is required. If the price is maintained above the 573 satoshi-784 satoshi range, it is expected that the upward trend will continue. (1D chart) We are walking sideways in the section 2390 Satoshi-3294 Satoshi. Therefore, you need to check if there is any movement out of this section. Support section: 1471 Satoshi-1941 Satoshi section Resistance section: 3823 Satoshi-4293 Satoshi section I think this resistance section is a psychological resistance section to rise above the 4415 Satoshi point. Therefore, an upward break above this resistance area is expected to form a new uptrend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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by readCrypto
2