MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) was another notable mover on Thursday as the coin also reversed course today.
MATIC/USD touched a peak of 0.8895 at the start of the day, which comes less than 24 hours after trading as low as 0.8591.
As a result of today's surge, MATIC is up 3%, moving away from the recent low of 0.8390 in the process
Earlier gains have been pared down somewhat, which comes when the RSI hits the ceiling of 45.00
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MATICETH
MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) which is currently the world’s tenth-largest cryptocurrency, fell for a fifth straight day.
MATIC/USDT plunged to a bottom at 0.866, less than a day after the token was trading near 0.90.
This latest decline in price has pushed Polygon to its lowest point since January 11, when it traded at 0.84.
Looking at the chart, this spell of sell-offs has sent the RSI below 30.00, which is deep in oversold territory.
The last time price strength tracked this low was back in July 2022, which may give bulls optimism that a reversal could be soon approaching.
MATIC is now trading at 0.8723, which is marginally higher than its earlier lows.
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MATIC: READY TO PUMPBINANCE:MATICUSDT is up trending and looks bullish more than ever, this clear rejection of the up trend might result in a big pump towards 1.4
3 months old support zone and the 200 daily MA still seem to hold, trade has 3:1 RRR, a potential +40% move.
I will keep updating this trade here, make sure you follow me.
MATIC/USD 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-Polygon (MATIC) was one of last week’s big movers, however, it has now fallen for a fourth straight session.
MATIC/USD dropped to a bottom at $1.41 on Tuesday, less than a day after the price was trading at $1.50.
On Saturday, polygon bulls pushed prices deep into the overbought territory by leading the token to its strongest point since last April.
As a result of this overbuying, bears saw this as an opportunity to reenter the market, sending the RSI from a high of 75.10 to a current reading of 62.70.
The index is now hovering marginally above a floor at 62.00, and should this be broken, bears could attempt to extend recent declines.
This is not a piece of financial advice.
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MATIC♾️ breakoutWassup guys! Polygon broke up this triangle📐 and I think there is chance for run to 1.1340 and even higher, but we could see some correction first. I traded the initial breakout but one can set BUY LIMIT order to previous range high to catch🎣 the potential pullback. As always ... don't chase the market, let the market come to you.
ENTRY : local high @ 1.0185
STOPLOSS (SL) : local low @ 0.9760
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 1.1340
REWARD RISK RATIO (RRR) : 2.65
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MATIC - Poised for big against against BTC if history repeatsMATICBTC broke out to the upside of its 18 month channel and is confirming support above it. If we get a strong move to the upside, we may have a repeat of 2021. I'm long here.
MATIC is on the edge. The potential that you lost 80% to90% of your holdings is high, however, the upside is ridiculous. one to watch especially if eth turns around. realistically would like to see this shake out some leverage before a move upwards
MATICusdt 12H TA: update TrendLineNow, due to the break of the trend line, we expect a fall to support, and to form an upward trend, we need to break the dynamic resistance of the trend line and static price.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
MATIC targetPolygon Inverted Head and Shoulders undwinding. After long floating around the neckline, price finally shot up.🚀 I think there is chance for run to 1.095 and this is where I will close part of my longs.
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MATIC/BTC Potential Jumper We have some strong patterns that played out for MATIC in the last couple of weeks. It's a flagpole pattern that worked it's way out of a cup and handle pattern . If it stays bullish we could be looking at 139% jump to 0.0000911 this week. GOOD TRADING.
$MATIC 3D Support Break + LLMajor support break on the $MATIC 3D around .75, with the new LL made around right around .5 Clear support break, and the retest and failed thus, like many others.
Levels are as follows, invalidated with a hold/close over .75
MATIC/USDT 12HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick short analysis of MATIC/USDT
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:- MATIC/USDT analysis is head and shoulder create and 21MA and retest green zone
SHORT ENTRY:-$1.75
$1.85
SHORT TARGET:-$1.65
$1.45
$1.35
$1.25
$1.00
SHORT STOPLOSS:-$1.98
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
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Matic : Short after trendline breaks.i have eyes on Matic for the past few weeks. after Matic breaks the trend support, I will short Matic with a small sized position.
MATIC♾️ bounceMATIC♾️
Hope you get the point! Smash teh lick button if you do! 👅
*Hint: Follow the violet path...🔮
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SHORT MATIC NOWits in a correction phase
if the length of C is the same as A
matic will come back to 1.360
thats a 40% drop
MATIC Uniswap Is Live On PolygonAll Uniswap V3 contracts are now deployed to the Polygon PoS mainnet.
Polygon’s DeFi ecosystem is the second strongest one in the industry, after Ethereum L1.
Number of users/wallets (currently at 126M)
Number of transactions (currently at 1.22B)
Number of applications (currently at 3,000+)
My prediction for MATIC si that it can go even higher from here. I has all the fundamentals needed.
MATIC TargetsMy recent Polygon call just hit the target. 👇
We are having a great run📈 but I think it's the right time to take at least some profits off the table, so I will be lowering the exposure on each TP level step by step. Here are my next targets for ♾️ MATIC :
TARGET 1: 2.44
TARGET 2: 2.58
TARGET 3: 2.85
TARGET 4: 2.99
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MATIC SHORT the impluse wave is in a diagonal
5th wave in an expanding diagonal
could cause a throw over if it breaks
that top trend line hitting the top of the
expanded diagonal
solid wave 1 structure
MATIC♾️ reloadedLast Polygon triangle breakout trade ended with profit... 👇
Now I have a new setup for you! MATIC ♾️ seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.95 and even higher.
ENTRY : local high @ 2.161
SL : local low @ 2.056
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.95
RRR : 7.5
INVALIDATION : when SL level hit
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MATIC triangle breakoutIt's been weeks since my last Polygon trade 👇
Now price seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.275 and even higher. MATIC , come on!♾️
ENTRY : local high @ 1.867
SL : local low @ 1.743
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.275
RRR : 3.3
INVALIDATION : when SL level hit
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AutoMATIC buy 2Just bought Polygon as it broke up this triangle 📐 and I think there is chance for run to 1.3 and even higher. It dropped back into the triangle, but I think it will break up again. Mr. MATIC do you agree❓
ENTRY : local high @ 1.112
SL : local low @ 1.064
TARGET : height of the triangle projected from midpoint of the local range (BUY - SL) @ 1.3
RRR : 4
INVALIDATION : when SL level hit
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Crossover ImminentThe last time the 7D MA crossed over the 30D MA, we saw a 50% pump after 3 days.
Because of overall bearish market trend, we might not see that repeated that fast this time, but it will eventually get there.
