MATICBTC Long-term Ascending Triangle shows Matic break-outThe MATICBTC pair has been trading inside an Ascending Triangle since July 2022 with the 1W MA50 (red trend-line) supporting. The Fibonacci Channel levels show that as the 1D RSI is approaching its Lower Highs (Bearish Divergence against the Higher Lows of the Ascending Triangle), we could see a pull-back. This is highly possible within a 0.00005800 - 0.00006650 Resistance Zone that is holding since May 19 2021.
Likely to see ascending trading within Fib 0.236 - 0.618 until Resistance 2 breaks. The top of the Ascending Triangle break-out should be within the 1.618 Channel Fib and the 2.0 horizontal Fib extensions. In our view above 0.0001100.
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Maticbtcsignals
MATICBTC Can Matic trigger a new Alt Season??The Matic Network (MATICUSD) has been on an impressive run as of late. On this chart we see the relative strength of Polygon against Bitcoin (BTCUSD) on the MATICBTC pair. As you see the price is about to test the December 2021 High, which along with the May 2021 High form the long-term Resistance Zone.
It is obvious that this draws comparisons to the pair's previous Cycle. A first test of the Resistance level at the time, failed but a second one only a week later, established the Resistance as a Support and started a parabolic rally. The Gaussian Channel seems to indicate that we are about to see this break-out.
Do you think this can be enough to trigger and if already, confirm, the start of a new Alt Season?
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MATICUSDT Daily AnalysisMatic looks good for accumulation at this range zone. A big rally will come soon.
NFA/DYOR
Twitter: @akumabtc
MATIC , repeating the cycle ?well , I gotta say "idk" as an answer to the question in the title .
BUT ,
we'll see.
guys , as you see in the last pattern , MATIC started to rise when the golden cross was made. and guess what? right now , the golden cross has been made too. time to rise ?
the next thing , look at the RSI patterns , it is exactly like the channel we had before. also I marked those areas with blue in the chart too , to show y'all the similarities .
dudes , wait for the breakout , let the price break the blue rectangle and go upper than that . you can BUY there .
the first target is the ATH (the red line) , after breaking that , it'll be our 161.80% of Fibonacci which is around 6-7 $ .
after the rectangle breakout , we will probably witness a pump to ATH and then to Fib levels.
I have another MATIC analysis which I did it days ago , but that literally
sucked.
since I wasn't in a good mood that time , but anyway , I made this instead, the better and completed one .
and like always guys ,
don't forget to hit the like
and follow if you want.
MATICBTC Can Break the Resistance
Welcome back Traders, Investors, and Community!
MATICBTC if it breaks above the resistance it can go up
⬆️Buy at Resistance Breakout or Buy at 0.00002477
⭕️SL @ 0.00002283
✅TP1 @ 0.00003088
✅TP2 @ 0.00003940
✅TP3 @ 0.00004566
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MATICUSDT Possible Bullish Scenario !!Possible Bullish Scenario if price manages to stay above the trend line .
Polygon (Matic) on course, currently still in Buy Zone 1Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd
*Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas.
Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins.
What is Polygon?
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains.
Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Key Notes:
The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon.
Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
Matic Target Hit Huge Parabolic Move, Was Worth The WaitMatic Target Hit Huge Parabolic Move, Was Worth The Wait, Update Continuation Pattern Another 40% Buy signal triggered from script, 13 EMA crossing up 50 SMA , It looks like the Bulls are back!
*4/3/21*
Polygon (Matic) Buy Opportunity Continuation Pattern Another 40%. Buy zone from current price level at 23.60% Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Stochastics showing an Oversold market, nice swings from here.
Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 23.60% ($0.194) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
Polygon (Matic) Update Continuation Pattern Another 40%Polygon (Matic) Update Continuation Pattern Another 40% Buy signal triggered from script, 13 EMA crossing up 50 SMA, It looks like the Bulls are back!
*4/3/21*
Polygon (Matic) Buy Opportunity Continuation Pattern Another 40%. Buy zone from current price level at 23.60% Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Stochastics showing an Oversold market, nice swings from here.
Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 23.60% ($0.194) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
Polygon (Matic) Buy Opportunity Continuation Pattern Another 40Polygon (Matic) Buy Opportunity Continuation Pattern Another 40%. Buy zone from current price level at 23.60% Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level.
Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 23.60% ($0.194) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
MATICUSDT 1W-TIMEFRAME ANALYSIS✨MATICUSDT 1W-TIMEFRAME ANALYSIS✨
Hello ladies and gentlemen
This is my new idea for Matic Network MATICUSDT
I expect the price to move higher...
I hope my idea is clear
Support me by like and share
Stay Safe💯
Good luck💰
MATIC BTC SCALP 💰 Buy again #MATIC/BTC
💰 Buy: 0.00000222
🥇: 0.00000237
🥈: 0.00000290
🥉: 0.00000400
⛔️ stop: 0.00000200
💹 market: Binance
LionCryptoTrades
Matic Network | A Big Gartley Setup For Big Bullish MoveHi friends this hope you are well and welcome to the new update on Matic network token. The Matic token is again gearing up and so far it has moved more than 20%. In today's article we will do analysis on this token.
The movement within the parallel channel:
In my previous post we have seen that the price action of Matic network is moving within a parallel channel since December 2019. And the movement of the priceline within this channel is very much synchronized with Stochastic and Directional movement indicators. As we can observe that whenever the price action moves at the support of channel and the stochastic gives bull cross then finally when the positive directional indicator crosses up the negative directional indicator then the price action of Matic token moves up to the resistance of the channel.
In my previous post the price action was trying to breakout the resistance of the channel. But unfortunately it is dropped down again. But this time the priceline of Matic token did not drop up to the support of the channel. And almost from the middle of the channel the price action again has started moving up. The reason is that before the price action reaches at the support the stochastic indicators gave bull cross from the oversold zone and positive directional indicator moved up without crossing down the negative directional indicator. After these bullish signals the price action moved up and so far we have seen more than 20% bullish move. At this time the bollinger bands is squeezed that is another indication that the price action can soon make a big to up or down side.
The important role of MA7 with MA 25 combination:
In my previous papers I described that it on the long-term weekly chart of Matic network the simple moving average with the time period of 7 with the combination of simple moving average with the time period of 25 has a very important role. As in the month of November 2019 we have witnessed when the 7 simple moving average crossed up the 25 simple moving average then it produced more than 247% bullish move. And I was expecting that when the 7 SMA will again cross up the 25 simple moving average then it canl produce another rally. And finally in the first week of June 2020 we received this bull cross between the moving average 7 and the simple moving average with the time period of 25. And so far the price action is moved more than 20% up.
The Cup & Handle formation:
Another reason for gearing up of Matic network is the formation of Cup & Handle pattern with consistency. As in my previous post have seen that priceline of Matic token completed the cup and handle pattern in Feb 2020 and produced more than 65% rally and started the formation of the next cup and handle. When I posted my previous article at that time the price action was moving down to complete the handle of the cup. I was expecting that it will be moved up to 0.618 Fibonacci retracement level. And as per expectations the priceline of Matic token retraced up to this 0.618 golden ratio and now gearing up.
A very big harmonic Gartley move:
If we switch to the 2 month time period chart. Then it is revealed that the price action of Matic network has formed a very big bullish Gartley pattern. After the first leg the A to B leg is retraced upto 0.786 Fibonacci retracement level that is a 1st confirmation of Gartley. Then B 2 C leg is projected between 0.382 to 0.886 Fibonacci projection (here I have ignored some extra spike) and this is the projection of A to B leg. And this is the second confirmation of bullish Gartley. And finally the price action has been retraced between 0.618 to 0.786 Fibonacci retracement level and this is the final confirmation that Gartley pattern has been completed. Now as per Fibonacci sequence of this pattern the buying and sell zone or the potential reversal zone and Fibonacci projection of this pattern are as below:
Potential reversal zone or buying zone: 0.00000249 to 0.00000161 sats
Fibonacci projection or sell zone: 0.00000320 to 0.00000485 sats
Even though we can see that the price action has already spiked up to the sell zone but I am expecting that it will start a sequence of bullish candlesticks that will be completely entered in the sell zone soon.
Conclusion:
All chart patterns from short term to long term and the indicators as well are giving signals that the price action my again hit the resistance of the channel. However the movement of the priceline up to the support is still due, therefore we should take care of the stop loss strictly.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
MATIC Make or breakWe either break out of this wedge and go up to the target or fall down lower to the next support.
#MATICBTC ANALYSIS .. TIME IS COMING I think the pump movement that we see from time to time in #MATICBTC will be repeated..
#MATICBTC has been on a rising trend for a long time.. I think vortex is the key indicator for #MATICBTC, when the vortex produces a buy signal from the reference level (1.02), we can easily see how meaningful it works at the price movements.. Although Vortex is far from producing a buy signal yet, it should be followed carefully.. I think time is approaching for #MATICBTC..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
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 Why surprised? This should have been expected.MATIC left a whole lot of people wondering why it was massively sold two days ago. Well the answer is simple, it was rejected on the 1W Resistance. It was a move perfectly calculated on the trade idea seen below:
The rise prior to the rejection was easily seen on an early stage:
So what happens next for MATICBTC? Tough question given the panic on the market but based on the 1D RSI, we've just hit a support zone. If the price follows a 0.382 Fibonacci retrace and is rejected we may repeat a 2nd selling wave towards the 1W Support, which should be the next long term Buy Entry.
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.
MATICBTC formed bullish BAT | A good long opportunityPriceline of MATIC Network / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area can be used as stop loss in case of complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.00000166 to 0.00000164
Sell between: 0.00000171 to 0.00000178
Regards,
Atif Akbar (moon333)