matic is on restest of Cup&handle matic is on restest of Cup&handle it is bullish if first break the ATH And Resistence
our target ll be 3.70
Maticnetwork
I think MATIC ...Hello Everyone
#MATIC adjusted to the $ 1.4 range after failing to cross the $ 2 range, from which it has again reached its $ 2 resistance level.
In the daily time frame, it seems that Metic is inside a triangle, and if he manages to break the triangle from the top, progressing to the range of 2.7 is not far off.
But if it fails to break the triangle from above, limits 1.8 and 1.4 are important meticulous supports.
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If you have any questions, you can write it in comments below, and I will answer them
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MATIC - 3.8 - $5 Top by EOY or Early Jan- If breakout remains, Matic has resistance in the next few weeks.
- If can break the $2 mark by early December then its price discovery until $3.8 (Red)
- Could bounce to $5 (Red)
- If it doesn't break then delayed breakout to possibly $5 (Green)
MATIC looks good for a long if this key level is brokenMATIC has seen a price correction over the past 2 weeks from previous highs of 2.25.
The price looks like it has found a bottom & is currently in accumulation.
A trigger for a long position would be a break & retest of the previous highs which is marked on the chart with a green box.
The RSI is above 50 signalling an uptrend & the MACD has crossed which shows bullish momentum.
It's also important to note the price has tested the .618 Fib at around the 1.435 price mark.
MATIC - Long SetupMATIC Network - Long Setup.
We can see on the Daily chart that we are on a bullish trend, as we are able to see HH's ( Higher Highs) and HL's (Higher Lows). According to the Elliott Wave, we find ourserlvs in the 5th wave which is an impulsive wave. According to this information, we used Fibonnacci to measure where the price might head towrds in this specific wave. We belive that the price has a chance to get to 2.5 - 2.6. According to the analysis provided.
There is still a chance that the price will get to aprox. the previous high (3) and make a double top pattern. So if you intend to go long, as we mentioned, be careful at that level ( 2.2), there is a possibilty for a trend reversal there, so it is advised to take a part from your profits.
MATIC USDT Proposal to launch Uniswap on Polygon .
Uniswap governance forum saw a proposal to deploy the Automated Market Maker (AMM) on Polygon to reduce the gas fees considerably. With the popularity of Ethereum in the 2021 bull rally and the entry of new investors, the gas fees have skyrocketed. These ‘push and pull’ mechanics have been around for as long as one can remember.
Either 1rst scenario or the 2nd .
MATIC/USDT 4HOUR UPDATE Welcome to this quick
MATIC/USDT analysis.
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- MATIC/USDT analysis is inverse head and shoulder confirm and 21MA and retest trend line and buy the dip
Entry:- $1.54,
$1.60
Traget:- 30% to 45%
Stoploss:- 21 moving average downside trendline break after position close.
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 languages.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
MATICUSD Bull Idea and ForecastA rising wedge can be established against the 1/1 Gann line
I have come to the conclusion that this rising wedge will act bullishly
Due to the presence of consistent higher lows, and a trendline that can be drawn against Fib circles, leaving price sitting right above the trendline, ready to go
Matic is a good pick for the portfolio
Is Matic ready for New high Matic is very close to breaking the falling wedge...
Although matic bullrun is yet to start..
Expecting some huge pump from matic in coming days
$MATIC Polygon much to come! Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.
Rank 21 atm.
First support holds strong, if BTC holds, the price will go fast to the resistance area. Take profits on the road or sit on your hands.
Feedback welcome!
DYOR and please let me know what you think.
₿ MATICUSDT 1D ₿ : 12.Nov.2021Metic Network, after giving us 40% return, has reached a good support range again ... Keep an eye on Matic ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 12.Nov.2021
⚠️(DYOR)
MATIC - TRADE SETUPAs I've been watchin MATIC very closely I feel like it is the time for MATIC to cope with the market!
In my first chart we tried to catch the bottom but the entry wasn't filled however, we got MATIC at a great price and I did mention to start DCAING if it comes to entry or not! I also mentioned with a very simple charting method why I though MATIC would pump and it did exactly the same:
In my last chart I told everyone to jump into MATIC if we breakout of this massive bull flag and also gave the longterm prediction for MATIC to reach $1.6 - $4 in next few months.
However, we're still waiting for this breakout to happen but I feel this is a great entry for MATIC, start buying and DCAING into $MATIC, MATIC is almost very near to a breakout, if it breaks the resistance upwards it is going to go parabolic! Seem very BULLISH.
SL, TPs are marked, entry is the market price or breakout confirmation :-).
If you liked this idea please like and share :-)
Matic Polygon at Key Support Area, Let's Go!As you can see, Matic/Polygon has been consolidating within this bullish corridor and continuing to set higher lows along the trend line (as depicted). I believe that we will likely find support at this level $1.82 and should begin our journey towards additional bull market profits, with the short term goal of $2.70 as a target (previous ATH). Long term, this coin is MASSIVE and partnered with too many technologies and companies to count.
Pay very close attention to see what Matic/Polygon does here, it could be a great long opportunity.
*this is not investment advice and I am not a financial advisor.
Matic longAfter a consolidation and making a bull flag.....so it can be nought if BO of flag happens for the target placed on chart in yellow colour line
MATICUSDT : Will MATIC Price Hit $5 in 2021?MATIC LONG !! EXPECT AN UP MOVE ANYTIME SOON.
IF NOT , NEXT RESIS > 1.8 , 1.65.
it’s very much possible that MATIC might reach $5 in the near future as per the current bullish trend.
Matic bullish move.Matic is forming an Adam and eve bullish pattern and is currently retesting the pattern. If it successfully retest and bounce back then It is likely to form a new ATH by the end of December 2021.
Posible Fakeout in MATIC ❌This could be a fakeout of the asymmetrical triangle, as there is no volume and we haven't gone successfully below the last higher low (1.8).
However, if we breakout the 1.8 levels we will be testing the support at 1.7. Now, if we get back in the triangle this will be extremely bullish chart.
If we manage to climb up these resistances, we will see a climb up to 2.5 approximately.
Everything points that this is a fakeout but you should be careful.
Polygon #MATIC 1D - retrace scenarioPolygon (MATIC) on a 1D chart seems to have formed a double top pattern recently and making it's way down. I set up a few trend lines with fib levels to keep an eye on. I also put a few horizontal support lines for areas where the price may get support going down.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk #bitcoin #altcoins
MATIC - Is this a good time to buy? 🙄🙄MATIC broke through the important $1.63 level a week ago. After that, the price rose by 35%. MATIC is now correcting and gaining strength for a new move. Several scenarios are worth noting.
The first one is that the price will break through the trend line and head to the targets marked in the upper part of the chart. Or the second scenario - correction to $1.63, and then reaching new highs.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.