$MATIC/USDT 4h (Binance F.) Descending channel breakout & retest#MaticNetwork is looking ready for bullish continuation after that pullback.
Current Price= 0.02020
Buy Entry= 0.02023 - 0.01963
Take Profit= 0.02216 | 0.02393 | 0.02620
Stop Loss= 0.01844
Risk/Reward= 1:1.5 | 1:2.68 | 1:4.21
Expected Profit= +22.38% | +40.14% | +62.92%
Possible Loss= -14.96%
Fib. Retracement= 0.786 | 1 | 1.272
Margin Leverage= 2x
Estimated Gain-time= 240h
Maticnetwork
Nearing KEY support levels can it hold & continue up?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. Affiliate links are also included in this same video description section here and if you decide to support me by using any of them, I may receive a referral bonus or commission.
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Matic/usdt descending channelMatic/usdt
Analysis
In descending channel structure since 2 months
Now price is facing upper trendline resistance of channel and (fibo 0.618 resistance )
If breakout happened we can buy breakout or the retest with good stoploss
Good luck & Happy trading
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MATIC is going Automatic. MATIC/USDFollowing on from the pictures we've seen with ETH, BZRX, SNX, MATIC is telling us a similar story. Confirmed pivot, Fibgoals inplace. We are going up.
Some preliminary targets are painted in in green, and invalidation in red as always. Good luck, traders - and remember nothing I ever say is financial advice. Do your own work and make up your own mind.
MATIC: Possible Long-SetUpMy Fellow Crypto Traders,
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Matic $matic breakoutMatic network breakout from channel.
Huge buy opportunity.
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MATIC/BTC 172% Potential from here#MATIC/BTC TA Update:-
#MATIC currently trading at 98 Satoshi.
I am waiting for 90-92 zone.
This is also good but stop loss is big.
Entry:- 85-93 Satoshi
Targets:- 145/175/229 Satoshi
Stop Loss :- 80 Satoshi
Support:- 80 Satoshi
Resistance:- 145/175/229 Satoshi
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MATICUSDT AnalysisI am neutral about MATIC while EngineeringRobo remains bearish.
If you are holding MATIC right now, you should be watching closely to see if the candles break back up or break below the support level 0.017. IF they break below the support level, you should sell after the open / close confirmation.
If you are interested in buying, if the candles break up and open close above the support level, that would be a good time to buy. Other buy options include:
-Waiting for EngineeringRobo buy signals
- Open close/close above the MA200 line
After you buy, watch closely for EngineeringRobo sell signals! If you want to use EngineeringRobo, DM me!
Matic in a Bull Flag!MATIC is in a bull flag which is a bullish pattern that has bias to break upwards.
Buy in the flag.
Take profit slightly below $0.025
Leave when the flag bottom line gets broken.
RSI has printed a falling wedge.
MACD selling wave is getting weaker.
Found support at 20 EMA.
Broke $0.02
Resistance area, now support.
Ideal buy is $0.02
Good luck with this trade!
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 A Beautiful BuyLow volatility
Strong horizontal support
MATIC was recently added to a leading trading protocol ; Kyber
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 BTC - Expect some profits Matic BTC pair could give you some profits in next few days here's the trade setup.
Buy in - 0.00000169-0.000000190
Profits
T1 - 0.00000249
T2 - 0.00000295
T3- 0.00000398
SL - 0.00000165 on daily close
You can buy matic on binance with up to 5x margin and on FTX with up to 100x margin
MATIC / USD Free MoneyIf the daily closes above the blue horizontal it will probabaly go quickly to the upper resistance.
My DM's are always open.
MATIC USDT Long when horizontal resis broken. If the blue horizontal resistance is broken (higher high) I would long it to the All time high