MATICBTC formed bullish Gartley | Upto 33% bullish move expectedPriceline of Matic Network / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000213 to 0.00000196
Sell between: 0.00000228 to 0.00000261
Regards,
Atif Akbar (moon333)
MATICBTC
MATIC/BTCThe date may be repeated for this currency
And you can make huge profits from this currency
MATIC Network Ready To Continue? Full Analysis Ready!MATIC Network (MATICBTC) had one of the strongest waves and was one of the most entertaining alts to follow in the last cycle. We caught it from the start...
You can see it here:
(1)
(2)
Now, MATICBTC made a really strong correction and stopped at MA200 or the 0.786 Fib. retracement support for the last bullish wave.
As soon as this support was activated we saw the first bounce and now MATICBTC is trading above EMA10/100, which tells us that its potential is now going towards the bulls.
Price can easily start to grow slowly from here or fall lower to accumulate more before the next wave.
We can clearly see some higher lows (yellow circles) being printed since the low was hit in early August... Now, MATIC is back in the game.
Namaste.
Matic/BTC epic pump incoming, cup & handleDon’t be too greedy and don’t forget to set your stop loss limits. The next pump could be just as big as we have seen in the last few weeks
MATIC/BTC TA Update (A Retest of Swing Low at 180 sats?)MATIC/BTC
MATIC is still on a downtrend, if the price is unable to break above 220 sats,
I only see downward action in the coming days specially MATIC closes below 202 sats.
A retest of support at 180 sats area is the best play I can see.
SHORT MATICBTCWe took advantage on the way up. Now lets have fun with this on the short side. If you followed the MATICBTC LONG trade you likely made 35% on your trade. I settled with 25%. Now I think its time for a nice retracement to take place. Its been a great December as far as volatility and swing trading goes. I will be making an update video here pretty soon. Just not sure if Im going to wait until tomorrow for the weekly market wrap up.
God Speed Gents,
Mr. Lucifer
$MATIC, Nice recovery from the lows after the debacle in price..$MATIC
Nice recovery from the lows after the debacle in price...
Until I see true R/S flips as continuation & Volume, I wont be interested on this asset..
If you are interested, as entry look for ~227sats level retest & as target from here ~300 sats
#MATIC
MATIC/BTC TA Update (Relief Bounce?)MATIC/BTC
MATIC is the most lovable coin today, the price pump 60% and dumps 25%. What can I say about this? Well, Market Makers loves to play with dumb money entering the market.
This 60% move up is crystal clear relief rally which is only short-lived. I expect the price to rest the previous low at 180 sats. Be cautious, this coin is unpredictable.
Doesnt seem like much....but these are colossal moves its painting here. These little f*kin satoshis MOVE !!! **DO NOT TRY AND 20x LEV NOW YOU WILL INSTA LIQUIDATE!!!**
MATIC Breaks out of falling wedgeAs you can see MATIC has broken out bullishly of the falling wedge formed due to the sharp drop that occurred. 0.236 is a possible resistance point for this bullish breakout, if this is broken MATIC will push higher.
MATIC/BTC TA Update (Change 4hr Trend? or Bull trap?)MATIC/BTC
MATIC broke the downward trend-line resistance and potentially ready to set up a new higher high. If the price can hold above 206 - 185 sats,
there is a high probability to break new local highs up to 300 - 350 sats area.
MATICBTC KISS| Lower Highs| Key Resistance To BreakHello Traders!
Today we will keep our TA KISS = Keep it Simple Stupid, as we have a look at MATIC after a huge dump. It has manage to keep its higher low projection in place as it comes closer to structural resistance
Points to consider,
- Strong higher lows
- Major structural resistance to break
- Stochastics in upper region
- RSI bounced from oversold
- Increase in bull volume
- EMA crossing bullish
MATIC has established a strong trend line by putting in consecutive higher lows; it needs to hold this structure to keep a bullish bias. Major structural resistance is yet to break, an important level to break as this will put in a new higher high.
Stochastics is currently in the upper regions, can stay here for an extended period of time, however lots of stored momentum to the downside. The RSI has bounced strong from oversold conditions, currently in neutral area; a retest of support is probable.
Bull volume has increased slightly, needs to maintain as MATIC tests structural resistance otherwise a false breakout may come to fruition. The EMA’s are crossing bullish, it needs to hold price support as price tests and breaks structural resistance.
Overall, in my opinion, MATIC must break structural resistance with convincing bull volume. A break of this established trend will be extremely bearish, lower lows will be more probable in that case as the market structure will have then changed.
What are your thoughts?
Please leave a like and comment
And remember,
“The obvious rarely happens, the unexpected constantly occurs.” – Jesse Livermore
LONG - MATIC - BreakoutBreakout of the bearish downtrend + retest, expecting some good relief.
Entry: 0.01290
TP 1: 0.01466
TP 2: 0.01670
SL: 0.01214
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MATIC SEEMS BULLISHafter a solid rejection at the ATH MATIC sold off, and quickly recovered, to recent support AND the 50 DMA
looks over all bullish to me.
not financial advice.
MATICBTC Dead cat bounce 100%+As you can see MATIC experienced a severe drop to the upward trend line but then rebounded ~100%, dead cat bounces are a great way for swing traders too make money if they are paying attention..
MATICBTC testing hourly trendline for further gainsAfter testing the low climbed to the resistance area and testing it. Next leg can be 230
Should pop soonClassic bullish divergence pretty extensive one to be honest. Just might bust out to the upside with a vengeance reclaiming a large portion of the exit scam dump candle that trapped alot of bag holders eager to excape, I'm sure...
SHORT BTCDOMAs I stated in my weekly market wrap up on Sunday it looks like there was an unnatural pump that was used to trap people in their long positions. If you watched the wrap up you would have anticipated this and gone short altusd pairs and profited BIGGLY as I did with ETCUSD short. Now however it looks like it might be time for ALTBTC pairs to get a little hop in their step. I dont usually go long on margin so Im going to let my physical long positions play themselves out and wait for another hedging opportunity should it present itself. That being said there is a really good but scary opportunity that is still a viable option for MATICBTC pair. Im still in it and will be adjusting my stop loss down a little further thus taking on more risk but I feel like this is one that is set for a massive bounce from the panic dump as indicated in the video below posted this morning. Looks like ZECUSD was a perfect trade as well. I made alot of money today so Im hoping alot of you guys did today as well. TNTBTC is however following the market mapping I plotted almost down to the tee. Everything is looking great!!! Now Im just going to wait for MATICBTC to play out and then Ill take a break so my ego doesnt get the better of me.
God Speed Gents,
Mr. Lucifer.
MATICBTC LONG AFMassive panic dip buying opportunity. Massive bounce is coming. Great RR. Practice good risk management.
God Speed,
Mr. Lucifer