Bullish move in Fibonacci ChannelIt looks like MATIC is again climbing in a channel. LONG Opportunity
On the way up there might be a resistance from SMA50 sending it back to the channel bottom (276 Satoshi)
However, eventually, I expect it to climb up to the channel top (344 Satoshi) (SHORT Opportunity)
And then back to the bottom of the channel (approx 276 Satoshi) (LONG Opportunity)
This is the same climbing channel I mentioned in A Peek to the Past:
Just a possibility... Curiously watching if the Fibo channel is at work again
MATICBTC
MATIC/BTC Testing EngineeringRobo algo co-pilotThis ALGO indicator called the dump on the 3-Hour right before it fell off the cliff. Will post a chart of the 1 hour next! Good Work @EngineeringCrypto
MATICBTCMATIC Flash crashes to uptrend line, honestly I have never seen a move like this in my two years of trading, such a sudden drop, difficult to make any predictions of next price movement. Remember to all MATIC longs its only money! Posting this for reference in future.
A peek into the pastMATICBTC neatly moved in a Fibonacci Channel and fell down to 100% bottom of that channel.
Two detectors predicted the top
Golden Ratio Top Detector (UO_GRFM)
Mayer Multiple
Golden Ratio Top Detector also showed the potential bottom correctly.
Future? As long as it coasts above SMA350/6h, I will consider it a bullish opportunity and keep collecting.
Also note that is about to jump to an upper Fibonacci channel(78.60%) from 100% channel-- very bullish if this happens
A short MATIC story.Not much to be said.
Just another shit coin that has ended its wash & trade / pump cycle.
Now is time for beras to ripe the hefty rewards.
Recommended is 10X no more then that. It had a history of a last big spike before it died. So it might repeat again.
It MIGHT.
Enjoy & lets sell & short this indian scam.
$MATIC, Touched ATH BTC level & now retracing hard $MATIC
Touched ATH BTC level & now retracing hard, losing ~450 sats level as I tweet.
Based on Fib levels, we should expect a retrace up to ~300 sats (matching .618 retracement level) but it can get uglier.. (wait for reversal)
UCTS Turning red across all LTFs
#MATIC
MATIC Nearing Possible ShortNothing is confirmed yet but it does seem like we may be out of juice to push further and break the 0.04200 level. If indeed a correction comes this could be a great short opportunity, possibly to the 0.618 fib line (0.03130)
Or we could just be in an accumulation phase and just resting until the next wave up, but i doubt it. I realized some fake volume getting pushed in on Binance and some other tricky things.
Matic/BTC inverted head and shoulder breakoutBINANCE:MATICBTC a great coin to trade. We have a breakout waiting for retest of support. Target is at the chart. That's my trading plan for $matic
MATICBTC Crown's Fib Vampire ShtoyleBeing a newb today.
Heres my plan on how i am going to enter stupidly, and long term play this coin to get myself out of a bad position.
Wish me luck.
NOT FINANCIAL ADVICE! Dont be dumb like me :D
$MATIC, Unstoppable, 150% up in less than a month$MATIC
Unstoppable, 150% up in less than a month
Currently crossing over ~430 sats resistance & trying to flip it
If happens we will probably see new ATH for #MATIC
In any case, make sure to have proper SL to lock profits, because at some point IT WILL retrace!
MATIC/BTC TA Update (To The Moon?)MATIC/BTC
One thing is for sure, MATIC went straight to the moon without stop.
This is a 101% parabolic move as no support is built during its uptrend.
Stay away from this coin, Do not buy or you will get rekt when the ship starts to sink.
The best we can do is to watch and wait if he can hit an all-time high price.
MATICBTC can see volumes spike like previous one we see a narrowing range, we need more volumes to breakthrough
$MATIC/BTC - run not overCompared to the last parabolic run for $MATIC I do believe that there is still significant upside to expect.
Price is respecting already a very steep trend line up and for now no exhaustion can be seen.
The run might last another week, until the Coinbase-listing rumour finally gets resolved...
Trade safely !
BR
MATIC/BTC Re-Entry IdeaExpecting a retrace to the highlighted 1st green box before further upside potential.
MATICBTC its time maybe one more small up to finish ending diagonal but would be a really small one
then at least the first stop is .386 fib
If Matic Retrace - here i'm waiting Before Analyse Target Reached.
In the worst case if Matic drops, Retrace to the Candle and Golden 61% Support :)
Capital Management - Pyramiding. Coin for pumping. Matic.Money Management Method - Pyramiding in action online on a pump coin. Matic / btc .
Big profits are minimal risk. Smart trading.
Stop Loss showed where to place and by what principle they move because all the zombies want to see them.
Stop Loss takes place when you are not in control of a position for a long time. But you must clearly understand where you should go when the price goes against you, and no retention of a losing position, in case, "what if the price comes back."
Always adhere to your strategy and plan, but at the same time, be flexible and have all the scenarios in advance. Be smarter for other market participants.
Matic / btc pyramiding in profit figures now:
1 entry point for $ 1000 + 177% $ 2700 (net $ 1700).
2 entry point for $ 1000 + 135% $ 2350 (net $ 1350).
3 entry point for $ 1000 + 90% $ 1900 (net $ 900).
4 entry point for $ 1000 + 35% $ 1350 (net $ 350).
The total profit at the moment from 4 entry points with a minimum risk of $ 4000 becomes $ 8350 (net $ 4300).
There is one thing, but the profit is much larger, as the trade was conducted in the accumulation channel with a price step of + 77%. Trading was carried out by 30% of the accumulated position, increasing it with complex%.
Trading in the channel will allow you to advance to a specific profit before the channel breakthrough. It will also help minimize its risks in case the uptrend support of the accumulation channel is broken down. As you would already be in profit from trading in the channel in 77% increments, at least cover Stop Loss loss. It is clear that the movement of 77% of the channel will not come out each time, like the entrance and exit when confirming the price reversal from support / resistance. But 30-40% can be obtained, but not always. This also needs to be understood.
Also no need to be afraid to buy at prices at a higher price. Sometimes buying at slightly higher prices is much safer than buying at the bottom, which may not be the bottom. The most important thing is the correct entry and exit point.
The entry point should be with a potential big profit and minimal risk.
What else does trading in the accumulation channel give you? You need to understand what could have been so (it is unlikely, but this should not be ruled out) that the price channel would have broken down and fixed under it. If you were “Waiting” like everyone else, it would mean a losing trade. And a loss in the amount of your Stop Loss according to your strategy. And if you have a big position, but not a lot of liquidity in a coin? As a rule, such coins are so, then there are situations when a breakthrough of support creates a panic-drain in the market, which goes to a large percentage of the price movement. Here, in this case, the extra earned profit up to the input amount helps.
Another addition in such coins in most cases is not possible to become short, therefore trading in two directions will not work. This must be understood in advance and taken into account in your trading strategy!
It is also important that someone thinks that he would just enter the breakout zone of the downtrend and take the same + 100% without these games and complexity. This is so if you have a small input, let's say $ 500-1,000 is not a problem, but if the amount is larger, this will cause difficulties to enter not noticeably and not provoke a premature price increase. You need to understand that at important pivot points you are not the only ones who want to enter the market, and in some coins the liquidity is low. And an entry instead of a step of + 2-3% can provoke a price increase of 10%. You can just trigger a panic buy.
Another option, for example, you bought 50% of the coins for the planned amount. Further you see that a further purchase will provoke an increase in the price by an unacceptable%. You can use your purchase to keep the price from rising and force other market participants to sell you and thereby gain the remaining 50% of the planned position. This works if you know how to work with a glass and a ribbon of sales and purchases, well hiding the actions made in advance. After all, you need to understand that not only hamsters are on the market, and there are traders who not only look at charts, and therefore are more informative in what is actually happening.
But all this only works in ordinary situations. At important points in the price reversal, your walls will be eaten up, you will give someone a gift allowing them to buy a large position without slipping the price. Just ask yourself a question, and you wouldn’t do it if someone gave you such a gift?
It is easier to work on TOP coins with this management method due to the greater liquidity and greater predictability of the price movement, but the profit there is many times smaller and more time-stretched.
Time is money. The liquidity of TOP coins allows you to work in large amounts, and there will always be enough liquidity for a short Stop Loss, which can not be said about pump coins. It is worth mentioning that you can work short on top coins if the price goes against you, therefore there is less risk due to greater plasticity for the trading instrument. But once again I’ll remind you the profit is much less, a long extended time interval and a small selection of trading tools.
I showed in more detail about this method of money management on TOP coins using the example of LTC / USD in these trading ideas:
EDUCATION Pyramiding How to earn 52000 with a risk of 5% from 10000 1part
EDUCATION Pyramiding money management. 2 part. Short LTC/USD
The trading idea for this coin for 13 11 2019 is before pumping and leaving the accumulation zone.
MATIC at the breakout zone of the downtrend Great growth potent
Pyramiding online on a coin for pumping. Matic. Smart trading. Money Management Method - Pyramiding in action online on a pump coin. Matic / btc.
Big profits are minimal risk.
Stop Loss showed where to place and by what principle they move because all the zombies want to see them.
Stop Loss takes place when you are not in control of a position for a long time. But you must clearly understand where you should go when the price goes against you, and no retention of a losing position, in case, "what if the price comes back."
Always adhere to your strategy and plan, but at the same time, be flexible and have all the scenarios in advance. Be smarter for other market participants.
Matic / btc pyramiding in profit figures now:
1 entry point for $ 1000 + 177% $ 2700 (net $ 1700).
2 entry point for $ 1000 + 135% $ 2350 (net $ 1350).
3 entry point for $ 1000 + 90% $ 1900 (net $ 900).
4 entry point for $ 1000 + 35% $ 1350 (net $ 350).
The total profit at the moment from 4 entry points with a minimum risk of $ 4000 becomes $ 8350 (net $ 4300).
There is one thing, but the profit is much larger, as the trade was conducted in the accumulation channel with a price step of + 77%. Trading was carried out by 30% of the accumulated position, increasing it with complex%.
Trading in the channel will allow you to advance to a specific profit before the channel breakthrough . It will also help minimize its risks in case the uptrend support of the accumulation channel is broken down . As you would already be in profit from trading in the channel in 77% increments, at least cover Stop Loss loss. It is clear that the movement of 77% of the channel will not come out each time, like the entrance and exit when confirming the price reversal from support / resistance. But 30-40% can be obtained, but not always. This also needs to be understood.
Also no need to be afraid to buy at prices at a higher price. Sometimes buying at slightly higher prices is much safer than buying at the bottom, which may not be the bottom. The most important thing is the correct entry and exit point.
The entry point should be with a potential big profit and minimal risk.
What else does trading in the accumulation channel give you? You need to understand what could have been so (it is unlikely, but this should not be ruled out) that the price channel would have broken down and fixed under it. If you were “Waiting” like everyone else, it would mean a losing trade. And a loss in the amount of your Stop Loss according to your strategy. And if you have a big position, but not a lot of liquidity in a coin? As a rule, such coins are so, then there are situations when a breakthrough of support creates a panic-drain in the market, which goes to a large percentage of the price movement. Here, in this case, the extra earned profit up to the input amount helps.
Another addition in such coins in most cases is not possible to become short, therefore trading in two directions will not work. This must be understood in advance and taken into account in your trading strategy!
It is also important that someone thinks that he would just enter the breakout zone of the downtrend and take the same + 100% without these games and complexity. This is so if you have a small input, let's say $ 500-1,000 is not a problem, but if the amount is larger, this will cause difficulties to enter not noticeably and not provoke a premature price increase. You need to understand that at important pivot points you are not the only ones who want to enter the market, and in some coins the liquidity is low. And an entry instead of a step of + 2-3% can provoke a price increase of 10%. You can just trigger a panic buy.
Another option, for example, you bought 50% of the coins for the planned amount. Further you see that a further purchase will provoke an increase in the price by an unacceptable%. You can use your purchase to keep the price from rising and force other market participants to sell you and thereby gain the remaining 50% of the planned position. This works if you know how to work with a glass and a ribbon of sales and purchases, well hiding the actions made in advance. After all, you need to understand that not only hamsters are on the market, and there are traders who not only look at charts, and therefore are more informative in what is actually happening.
But all this only works in ordinary situations. At important points in the price reversal, your walls will be eaten up, you will give someone a gift allowing them to buy a large position without slipping the price. Just ask yourself a question, and you wouldn’t do it if someone gave you such a gift?
It is easier to work on TOP coins with this management method due to the greater liquidity and greater predictability of the price movement, but the profit there is many times smaller and more time-stretched.
Time is money. The liquidity of TOP coins allows you to work in large amounts, and there will always be enough liquidity for a short Stop Loss, which can not be said about pump coins. It is worth mentioning that you can work short on top coins if the price goes against you, therefore there is less risk due to greater plasticity for the trading instrument. But once again I’ll remind you the profit is much less, a long extended time interval and a small selection of trading tools.
I showed in more detail about this method of money management on TOP coins using the example of LTC / USD in these trading ideas:
EDUCATION Pyramiding How to earn 52000 with a risk of 5% from 10000 1part
EDUCATION Pyramiding money management. 2 part. Short LTC/USD
The trading idea for this coin for 13 11 2019 is before pumping and leaving the accumulation zone.
MATIC at the breakout zone of the downtrend Great growth potent
MATIC/BTCAfter creating the saucer pattern and breaking it
We will see good growth in this currency
Within a few weeks
MATICBTC SHORTBearish divergence on MACD, possible bearish divergence on RSI, we rejected this level 3 times now. Shorted.