Maticbtclong
MATIC Explosive Growth & Price MirroringMATIC has seen some explosive growth
Currently the 50MA is being tested on the USD pair if this holds further upward movement is favored
What is more interesting although is the price mirroring between the USD and BTC pair, both have small double top rejections
MATIC and Ethereum work well together.
Read this before buying MATIC (Eduction Post) Here is the analysis of MATIC. MATIC is rejected from the resistance zone and also from the uptrend channel upper line resistance. MATIC broke the uptrend channel in the downward direction. MATIC is near all-time and increased drastically in the last few months. Also if you see the market cap it is $12 Billion and MATIC rank is 10 among all cryptocurrencies. So the upward potential is low because of the high market cap. We did not suggest you to open a long position in MATIC here. If you have MATIC already hold with stop loss. Let it come down and stable in a range for accumulation. The support zone for MATIC is $1.75-$1.85 and if broken we see more downside movement.
#No financial advice
Matic to make ATH up to 50% gains possible Matic is currently is very bullish and is breaking out, increasing volume and confirming support around the $0.80 area. Price is expected to price reach around the $1.70 mark.
Target 1 : $1.22
Target 2 : $1.52
Target 3 : $1.60
Target 4 : $1.70
💡MATIC: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021Matic has given breakout frm falling channel, it will retest again at entry point.
Place buy order at entry price on correction it will hit the limit order.
📈#MATICUSDT
➡️Entry: 0.35800$
🎯Target 1: 0.43200$
🎯Target 2: 0.50100$
🎯Target 3: OPEN
Matic big bullish hourly again( All Target By Fibonacci indicator in several time frames )
We have big and strong support in 119 area.
And for this target, I got confirmation from the 4-hour time frame
We are in Bullish Trend guys and this target Taken from a bigger time frame by the Fibonacci indicator. (1h, 4h, 1d)
I set two categories of targets for the long-term and short-term for you.
Enter Price: 120 - 125 sat ( like my last post )
For short-term and hourly traders :
Tp 1: 138
Tp 2: 143
For long-term and daily traders :
Tp 1: 149
Tp 2: 157
Tp 3: 164
SL: 109
I hope you get a big profit from this deal
Be careful: Watch the bitcoin move.
If 42,000 is broken Altcoins may fall slightly.
So if you used this analysis and made a profit, be sure to leave a comment
Do not forget to like and follow ;)
MATIC / BTC Getting Ready To Continue Upwards Movement!MATIC / BTC Getting Ready For Another Breakout and continuing the upwards movement on 1H chart.
After last TA on MATIC, the breakout hit our 2nd target, resulting in 52% profit. We just touched the bottom support of an uptrend, so when we break above the blue-dashed resistance line it will be a great moment to enter the trade (LONG).
Targets: 125, 150, 175, 200 sats.
Remember about SL!
Matic has completed big Butterfly for upto 300% moveHey dear friends, hope you are well and welcome to the new update on Matic Network (MATIC)
On the long-term 2-weekly chart, the price action of the Matic Network has completed the last leg of the bullish Butterfly pattern and entered in the potential reversal zone.
Possible profit and loss ratio:
This trade has a huge profit possibility of 300%, and the high loss possibility up to 47%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
Matic Looking Good for 200% returnMatic is bounced from the major support zone. MATIC is the IEO coin of Binance. All the IEO coins show a good rally in the altseason. Matic will give a good return in the coming altseason.
Buy Zone: 80-94
Target: 103-114-127-141-159-175-193-211-235
Stop Loss: 71
Matic Network Big Dump Then A Pump Within December 2020Hey friends, hope you are well and welcome to the new update on Matic network.
On daily chart, since first week of Nov 2020, the priceline o Matic token is moving within an up channel. At this time the price action of Matic network is moving down to the support of this channel. This time there are strong chances that the priceline may breakdown the support of this channel. Because, the price action is completing a Head & Shoulder pattern.
While the formation of H & S the price action of Matic is also completing the final leg of bullish Shark pattern. Therefore there is strong possibility of bullish rally after this dump by the head and shoulder move.
The buying and sell targets as per Fibonacci sequence of Shark can be as below:
Potential reversal or buying zone: 0.00000085 to 0.00000076 btc
Fibonacci projection or sell zone: 0.00000095 to 0.00000115 btc
Conclusion:
There is a possibility of extreme dump, for the completion of final bearish leg therefore we can place our buying orders in PRZ level of Shark move. But the same potential reversal zone should be used as a stop loss as well.
MATICBTC Long - Possible 150% GainStrong demand under 100 sats, expecting at least 250 sats from current level.
MATICThe Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
MoreMaticStting up above Gaussian channel
Looks very bullish
Expanding on my last matic ideas, both bullish. Hence i decided to long the project. No targets in mind.
Expanding on MATIC Big triangle has formed
Included a optimal buying zone in green, that includes the present time.
This could moon anywhere so i withdrew from placing a bars pattern.
Volume is currently 161 million
MATIC is also now available on the KYBER network
Matic Network Tetherus USDTIn fact, everything that is drawn in vain depends on Btc. The basis of this work is btc. I don't know anyone else. etc etc we can say. Is it true? partially correct. Bitcoin is very powerful and is the engine of this business. But it should not be forgotten that many coins create their own projects and networks. One of them is Matic Network. The fact that btc ate shorts yesterday and matic did not return to the falling wedge from which he formed last and got rid of it also showed how strong the hodlers are. Of course there are traders who get caught up in the fomo and come out instantly and work with bots. But I think it should not be overlooked yesterday's stance and then its immediate recovery.
As a result, the fate of altcoins is still in the hands of bitcoin. Bitcoin's taking a break and resting here will mean life water for altcoins. I think it can go up first as much as the height of the wedge, then as much as the depth of the bowl. or vice versa, first the bowl and then the retraction of the wedge to its height.
values have never dropped below sma 200 since the beginning of August. If you worry about the irregular movements of the last btc, I think you have a way to 0.040s. The closest point looks like 0.032.
Friends, this is an amateur work. It is definitely not investment advice. I wish everyone a lot of profit.
$MATIC / Matic BULLISH chartI have to admit... I absolutely hate this chart. It's so ugly. Just like XRP and TRX.
That being said. I'm still quite bullish on Matic. There has not been big news coming out of the company lately, but I'm sure they will announce something massive and DeFi-esque soon.
That chart is getting closer to the end of this massive triangle and soon has to decide weither it should roll over and die or explode upwards. (My guess is the latter).
The lower yellow line has been respected as support 5 times. Last time was yesterday.
The blue horisontal line has also been of big significance @ 167 sats.
My guess is that we break out of the traingle to the upside -> Meeting resistance at the top yellow and top green line (bit of zig-zag in that area) -> retest the top green line and bounce off it -> MOON CITY.
I would not be surprised though if we revisit 167 sats one last time as a fake-out. If what were to happen I would be buying enormous amounts og Matic.
Let me hear what you think!
#DYOR
