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MATICBTC

MATIC - Still got roomMatic still has some room left to pump. That resistance on the chart is where the price will get risky. So if you're holding, you can still hold on to your positions until we touch that resistance area. After that, we might be able to open short positions. Technically speaking... the sell volumes are getting higher than before which makes it a bad decision to enter now. I'll keep this updated. Current Market Price: $0.88000 Good Luck Tell me your ideas. Like and Share
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by ShawnMCR
3
MATIC/USDT , accumulate phaseJust want to share my thought. It's kinda unpredictable to know when the bottom is in. but i think MATICUSDT is a good time to buy right now (dont go all in for sure) . Can it go lower to 0.69-0.65 ? yes. it's possible . considering BTCUSDT still in bearish mode. I leave my arrow for 2 possible scenario that will happen to this coin. waddya guys think? for me personally, if the RSI days is entering the oversold zone,that's the good time to buy and wait it to bounce. patience is the key. (ah, and invest in matic isn't bad at all right? this is not a scam coin. so it'll not go to 0 for sure. haha) *not financial advice
MLong
by Daniel_Surjos94
Polygon (MATIC) - July 14Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MATICUSD 1W Chart) If the price holds above the 0.68108424 point, it is expected that the uptrend will continue. (1D chart) If the price is maintained in the 0.82077103-1.22720775 range, it is expected to turn into an uptrend. If it goes down, you should check to see if it finds support at the 0.61755267-0.82077103 zone. If it falls from the 0.61755267 point, you can touch near the 0.23389576 point, so you need a Stop Loss to preserve your profit. If it does not fall below the downtrend line, it is expected to rise. -------------------------------------- (MATICBTC 1W chart) If the price is maintained above the 2390 Satoshi point, it is expected to create a new wave. However, since the support section is weak, if it falls from the 2390 point, there is a possibility that it will fall near the 1259 Satoshi point, so careful trading is necessary. (1D chart) If the price is maintained in the 2882 Satoshi-3823 Satoshi section, the upward trend is expected to continue. If it falls in the 1471 Satoshi-1941 Satoshi section, there is a possibility of entering the mid- to long-term investment area, so careful trading is required. However, if it does not fall below the downtrend line, it is expected to rise. ------------------------------------------ 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 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 with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** 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.) ** See support, resistance, and abbreviation points. ** 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. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (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.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
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by readCrypto
4
MATIC wait for a breakout MATIC Analysis: MATIC is trading in the triangle and rejected from the downtrend line. The triangle is now heading towards the deciding zone. No trading opportunity at the current market price. Either wait for a breakout of $1.25 and only open a long position if it holds this point or waits for the retest of $0.97-$1.03 support zone. Keep an eye on the triangle and if it breaks down we will see a long downtrend in MATIC and the price may head towards the $0.5-$0.6 area.
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by Bitcoinik
1
MATIC - Strongest Looking Altcoin In Not The Strongest MarketHello everyone, rouzwelt here Well if you have been around crypto market for a while you've definitely heard about matic, one of layer 2 solutions for ETH network which actually is the best one at this moment and looks very promising with the value it adds to ETH network. And you've probably seen its price action and massive rally up from almost 1 cent to almost 3 dollars. Right now market is not at its best form as we all know, we had a massive sell-off and if you want to look at it in an optimistic way at this point in time you may say we are recovering from that sell-off. Actually that can be case but it also can not. Let me say that when I look at alts, almost all of them look weak, most of them even those dead projects like ETH classic had massive rallies which is crazy and shows how much hype was in crypto market. But for Matic it looks a little different, at least to me. Unlike many other altcoins, Matic actually managed to hold critical 1 USD level for good, that indicates that it's a very interesting coin to many, and even at this stage there is demand for it which is good news, showing that if market starts to recover at this point matic would be one of those coins that has a great potential for explosion. And now Let's get to the chart, In the screenshot below you can see I have demonstrated a massive triangle pattern forming, which price is now nearing to its end, if this structure manages to hold and not break-down, there could be test of higher levels again which would be giant bull-flag, one of which you see in crypto space playing out perfectly. But let me note here something, when I say manages to hold I mean If we don't see massive sell-off again in market and BTC The King holds its current position in the chart or head higher. I have projected the likely price action which may happen if this scenario plays out (green arrow). Also In macro picture we are able to see that volume have been increasing at rally up and now is decreasing as we are reaching to the end of triangle, which again shows us the strengths of buyers/demand for this coin and lack of enough sellers. The important point here is we should be cautious if we want to swing trade this coin right now, cause market is not at its strongest form. But in my personal opinion if you have a plan to HODL this coin, the current price is good enough. I'd like to see Matic holds its current price, a test of 0.9 - 1 USD is likely before the next leg up which would be great opportunity to ladder in, or maybe a more conservative approach can be entering at break-out of the triangle. Personally I'm waiting for one of those things to happen before jumping in. I Hope this post is helpful, have fun and trade safe.
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by rouzwelt
Polygon (MATIC) - June 27Hello? Traders, nice to meet you. Follow to get new information quickly at any time. Please click "Like" as well. Have a great day today. ------------------------------------- (MATICUSD 1W Chart) Since there is no support interval, careful trading is required until the wave is formed. If the price is maintained above 0.68108424, I think there is a high possibility of continuing the upward trend. (1D Chart) In order to shift to the upward trend, we have to see if we can gain support by rising more than 1.22720775. If it falls, we need to see if it can rise with support at 0.82077103. If the transaction volume does not increase, it is important to move sideways in the 0.82077103-1.22720775. ------------------------------ (MATICBTC 1W Chart) Since there is no support interval, careful trading is required until the wave is formed. If the price is maintained above the 2390 Satoshi branch, I think there is a high possibility that the upward trend will continue. (1D Chart) We have to see if the price can be shifted to an upward trend while maintaining the price in the 2882 Satoshi-3823 Satoshi section. If you fall from 2882 Satoshi, you need Stop Loss to preserve profit and loss. However, careful trading is required as it can be raised by touching the 2390 satoshi point. ------------------------------------------ It's better to make a deal that matches your average unit price. This is because if the price is below the average unit price, which has been on the rise and falling trend, there is a high possibility that the psychological burden will not make a big profit. The center of all transactions starts with the average unit price at which you start trading. If you ignore this, you can proceed with the transaction in the wrong direction. Therefore, it is important to find a way to lower the average unit price and control the portion of the investment, ultimately allowing the funds to generate revenue on their own. --------------------------------------------------------------------------------------------- ** All indicators are posterior indicators. Therefore, you should be aware that the indicators move according to the price and volume of transactions. I'm just talking upside down for an interpretation of the indicators for convenience. ** The wRSI_SR indicator is an indicator created by adding settings and options from an existing Stochastic RSI indicator. Therefore, the analysis is the same as the existing Stochastic RSI indicator. (K, D wires -> R, S wires) ** The OBV indicator was re-created by applying the expression DepthHouse Tracking, which is an indicator released by oh92. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee gains or losses on investment. Abbreviation description shown in chart R: A point or section of resistance that requires a response to preserve revenue. S-L : Stop Loss Point or Section S: Points or intervals that can be purchased to generate revenue from support points or intervals (Short-term Stop Loss is a point where a split transaction can preserve gains or losses or further entry. It's a short-term investment perspective.) GAP refers to the difference in prices that occurred when closed because the stock market, CME, and BAKT exchanges do not trade 24 hours a day. G1: Closing price when closed. G2: Poetry at the opening. (e.g.) Gap (G1-G2)
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by readCrypto
1
MATIC.BTC (Y21.P5.E1).Nice formationHi All, Its been a while since I did a static post and I tend to post these elsewhere, refer to my signature. I am in the belief that BTC will try to get to 36.5k and doing so will give some of the oversold ALTs a chance to rally. Here with this formation makes sense however it can easily go the other way, if I get my count wrong. Hence wait for confirmation with the break and a few other trading check lists. Eg. indicators, MA cross over and BTC at the time. All the best, S.SAri s3.tradingview.com Looking at the daily, we have the 50 EMA as resistance. Breaking this will be confirmation on the 4 hrly s3.tradingview.com
MLong
by ssari
2