MATICBTC SHORTBearish divergence on MACD, possible bearish divergence on RSI, we rejected this level 3 times now. Shorted.
MATICBTC
MATIC/BTC (Up to 80% Profit Target)MATIC/BTC
Just a series of Higher Highs and Higher Lows. The trend is still up and Bulls are still in control.
We just broke above the down-line resistance and price is trading above all Daily Moving Averages.
Trade setup
Buy area: 179 Sats - 163 Sats
Sell target: 200 Sats - 290 Sats
Stop loss: 143 Sats
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MATICBTC All targets hit. One last spike left?This is a follow up of the last MATICBTC call where both Targets got hit (0.00000268 and 0.00000350) as you can see below:
Now I have found an interesting correlation for those of you who want to take some more risk. The similarities with the May parabolic rise are strong. That sequence is divided into two parts: first and second rise, the second being 80% of the first. Between the two a small pull back occurred.
Similarly right now the first rise seems to be over and after a pull back we are now at the start of the second phase. If the second rise is also 80% of the first (as it happened in May) then the peak will be surprisingly on the May top of 0.00000575.
MATIC/BTCMATIC/BTC-It moved 200%+ since August'2019 and needs to cool off(Retrace) a bit before continuing up.
Red bars could be area of interest for Scalp SHort while Green bars would be building longs.
MATICBTC Signs Of ExhaustionHello traders,
This idea is a heads-up for people long on MATICBTC to start locking in profits. The divergence speaks for itself.
My ideas are for entertainment purpose only and should not be taken as financial advice.
Happy trading,
$MATIC/BTC - no more leg up for nowCurrent $MATIC run is toping out at ~310 sats, in my opinion. Volume is decreasing again and a bearish divergence on the RSI (4h time frames) is visible. Based on past behaviour I reckon that MATIC/BTC will retrace again from here.
My price target for near future: 230-250 sats before further upside.
Disclaimer: personal opinion, no investment advice
BR
MATIC Update
It is recommended to realize some profit at points 0.00000254 and 0.00000350.
At 0.02063 and 0.02760 it is recommended to realize some profit.
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The 0.00000254 point of MATICBTC and 0.02063 point of MATICUSDT are currently supported points.
-The MACD is rising at point 0, and there is plenty of room to climb.
-RSI is likely to fall in the near future as it is rising to overbought.
StochRSI is still on the rise.
-The slope of the price is too steep.
If you trade for your goals, I don't think you'll regret it.
Good luck.
Matic daily consolidation beginsHello traders,
I started entering short positions after a parabolic breakout. I will be trading based on fib level.
Entry: 263 Sats -> Exit: 287 Sats
Entry: 243 Sats -> Exit: 263 Sats
Entry: 224 Sats -> Long position
$MATIC, Crossing over ~220sats resistance & now retesting it...$MATIC
Being very caution about Alts market due to BTC status
Crossing over ~220sats resistance & now retesting it, trying to flip it into support with increasing volume
UCTS Buy signals on the 1D & lower TFs
Tight SL just in case
Aiming for ~250sats if it gets traction
#MATIC
MATIC ANALYSIS IT SEEMS MATIC IS READY FOR THE FIRST TARGET . FOR THE NEXT TARGETS IT MUST BREAK BIG RESISTANCE AT 160
MATICBTC Strong BullishMATIC/BTC
I have been watching MATIC for over four months and slowly but surely my first Long-Term prediction is being fulfilled. Since we did enough deals on it, I decided to remake this chart and prepare a new Long-Term prediction.
MATIC is located in a growing channel whose trend lines are consistently respected. Today he again touched the upper channel trend and therefore I expect a downward reflection. The price level should go down to the bottom of the trend to 175sats, where our main Buy Zone is located. There is a strong support in this zone and MATIC will have to keep it to maintain the main upward trend. In the graph I have drawn a less probable bullish variant, where MATIC would go straight up and break through this growing channel. If he could hold on to that channel, his chart would look like Extreme Bullish and would go straight after meeting both targets. StopLoss will be dealt with in Intraday stores, so I did not put them in this prediction, #HODL. Take profit zones I used the strongest Fib. levels and resistance. The first Take Profit Zone ranges from 260sats to 270sats. The second Take profit is between 330sats and 345sats.
MATIC at the breakout zone of the downtrend Great growth potentMatic / btc has formed an interesting formation on a global scale, something like a symmetrical triangle , and inside it the price goes in an upward channel, in increments of 77%!
Now the price is at the breakdown zone of the downtrend line and the breakthrough of this formation.
Entrance on a breakthrough or rollback after a breakthrough, depending on who has what trading style.
The pivot points of the price, on which this or that movement will depend, I showed on the chart.
1 target from the breakout zone on the ascending channel and to the first resistance + 35%
2 target from the breakout zone + 100%
You need to understand that this is a cheap satoshny pamp coin, all goals are conditional here. A coin can go up to 1000%. Work from the situation, but do not be greedy, it is better to take a little profit, but for sure, than much ever or never.
Also on the chart, I showed a critical point (zone); if the price breaks the lower border of the ascending channel and fixes under it, then you should forget about the growth of the coin. A false breakthrough is not considered.
MATICI think the opposite of BTC's movement is if there is special good news or if it rises due to a forced rise by someone.
If the movement of the BTC moves in the opposite direction, you will know what happens.
Check for support at 0.01639 in the USDT market and 0.00000212 at the BTC market.
In addition, since the current position is inaccessible price range, it will be possible to buy when it receives support from 0.01316 of USDT market and 0.00000146 of BTC market.
If it rises above the upward trend line, we recommend some to realize profits and others to watch the market trends.
MATICBTC analysisneed to cross over the 0.786 Fib Level - possible 30-40% gains if we see a clear close above the Fib Level.
Use a tight stop loss and lock profits as bitcoin is still weak.
$MATIC goin parabolic again ?MATIC/BTC price surged above the 200sats line. It could be on aparabolic run again.
More volume would be nice, though...
BR
MATIC Network Moving Within Ascending Channel | Path MappedMATIC Network (MATICBTC) is trading within an ascending channel and gaining momentum to the upside.
The chart for MATIC is completely bullish but a retrace might be coming up next.
We can see that MATICBTC is reaching the upper side of the channel as well as bearish divergence showing up on the MACD and RSI.
Prices are moving higher and things are looking good but remember that the markets move in waves, so each time there is a wave up, the move that follows is a retrace.
Previous chart:
Namaste.