MATIC/USD - 15 Minute Chart - Potential +40%
a closer look at the count.
Matic looks like its finished correcting on the higher time frames and is now putting in what could be a set of 1-2's of a potentially enormous 3rd.
i've set out what is to me a very conservative trade in this idea, taking into account a possible ABC to.382. we will see how it acts after the target and re-assess.
BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
Maticnetwork
MATICBTC breakout ?breakout aaah when this pattern broke above . matic is very romantic coin i love it it will be huge too. just saying
MATIC on Correction wave C 4HRLooks like we're in correction wave C short term. Once completed and we don't fall below our S2 support, could be the completion of wave 2 of a bigger Elliot Wave.
S1 support @ 114 Sats. S1 has been the holding the market for quite some time until recently, but is looking weak at the moment.
S2 support @ 80 Sats. Breaking below here would confirm continuation of big downtrend and invalidate our bigger Elliot Wave.
R1,R2,R3 are significant resistance we have to break through along the way up.
EMA's heading towards a bearish crossover
Market broke up above our 200 SMA (red) but failed to hold as support. Might go up to test as resistance in the next couple candles. BUT If 200 SMA becomes strong resistance, then a good chance that it could be an extended correction wave and signal further downside.
This coin has great fundamentals, the only link missing is Coinbase. Even though Coinbase recently listed MATIC as one of 8 potential cryptocurrency to be listed on Coinbase, it is still not guaranteed.
MATIC/BTC - Monitoring the 1D chart - lots of upside potentialLike many alts, this seems to be struggling to change direction and make a higher high to confirm a new trend.
Due to the hype and noise around this one, I'd be inclined to gamble along once a change in trend were confirmed.
Perhaps it already has been. I only really trade horizontal S&R.
But I don't feel the need to enter trades all the time. I would rather be slow and patient.
MATIC USDT has formed cypher a good long opportunityThe Matic Network (MATIC) / US DOLLAR cyptocurrency has formed a cypher and entered in potential reversal zone.
I have defined the targets using Fibonacci sequence as below:
Buy between: 0.01375 to 0.01189
Sell between: 0.01522 to 0.01874
Regards,
Atif Akbar (moon333)
MATICBTC: low-risk buy zone and bull cycle
Created on mobile so apologies for any unforeseen errors in chart.
Daily close line graph (white) is hidden, but current close price is provided.
Chart depicts lines graphs of daily pivot (pink), daily pivot average (orange), daily S1 (green), and daily R1 (red).
Stoch RSI and Market Bottom indicator provided.
Hold/Buy-zone range indicated by yellow (115) and green (94) horizontal lines.
Strong buy-zone range indicated by green (94) to red (47) horizontal lines.
Price targets for initial rally indicated by teal (145 and 200) horizontal lines.
Chart and analysis invalid if price breaks under red (47) horizontal line.
Analysis
EW count and market cycle psychology indicate beginning of new rally approximately at red vertical line (Depression phase) and Y (EW).
Wyckoff methodology suggests accumulation period between white and red vertical lines, respectively coinciding with EW W and Y.
Daily Stoch RSI indicates oversold.
Market bottom indicator indicates a local bottom at white vertical line coinciding with EW W.
Market cycle psychology indicates Anger phase at orange vertical line.
MATICBTC possibly ended it’s Bear cycle at the white vertical line where it began accumulating. Accumulation has possibly ended at red vertical line with the potential to rally to teal horizontal lines. However, the accumulation spring can potentially send price to as low as 47 sats prior to rallying. My take is that price will stay above 97 sats and that targeting sub-97 is too risky.
$MATIC Buy The Rumor Sell The News - Update!$MATIC had a great run from it's new low since the big pump two months ago due to an announcement of Coinbase KEYWORD: "EXPLORING" LISTING NEW ASSETS etc. Remember, these are short term catalyst in this market. We are not going to see a listing until later in December. Mainnet deploys in December, Coinbase doesn't list projects without mainnet been active.
Nevertheless, this is a good movement and shows that $MATIC has tons of supporters and believers that are waiting in the sidelines to jump right back at it. I am a permabull on this project and just HODL a large long position, and add large sums at these super dips like the 80 sats, that I posted and NAILED IT!
I hope you are one taking profits and 2 protecting your capital. September 12 is around the corner, expect a major sell off of all alts. My early post I was targeting as my T2: 62 sats. I am not sure we can there, however if BTC takes off to $16k which, I think is coming this month or early September and the US ban on Binance, MATIC and other alts will all plummet.
This is not an overnight reaction FYI - This is going to happen over the course of August & into September. I expect a little upside to 155 sats +- but ultimately finding some support around 130 ish until we sell off slowly back to ground zero support T1 - T3.
T1: 95 - 100 sats
T2: 80-85 sats
T3: 60-65 sats
Follow the trend as right now you experienced a parabolic move with the MM back in action putting up a 200 BTC buying wall and dropping out immediately.
Happy trading & Stay Safu.
MATICBTC 30 min BreakoutDon't be confused Choose Volume and it's perfect lambo buy with proper stop loss which suit your trade size
MATIC|BTC Crossed Down All 3 EMA. New Lows from May is Next! Please read chart for TA.
I am a permabull for MATIC and long term believer of this project. Nevertheless, this is a no brainer to me that we are going to find new lows in the next week.
Also check out my REN ideas - I nailed thus far. Called the top and still going.
Also have done a good & accurate job on BTC. Still valid!
XTZ listing on Coinbase on August 5th -Is an extremely hot commodity for the next LINK alike run.
Happy trading & Stay SAFU
I gave an USDT target below, however BTC has more liquidity and is my first choice to trade MATIC.
MATICBTC completed a shark a good long oppotrunityThe pricline of Matic Network (MATIC) / Bitcoin has completed a bullish shark pattern and entered in potential reversal zone.
As per Fibonacci sequence the targets are:
Buy between: 0.00000156 to 0.00000151
Short between: 0.00000161 to 0.00000172
Regards,
Atif Akbar (moon333)
MATICBTC Analysis 08/06/19MATIC soared against Bitcoin today, realizing a 40% gain. This increase in price was backed by a surge in volume, allowing MATIC to break through its short-term downtrend and 120 satoshis resistance level at the same time.
The volume spikes clearly indicates new cash flowing into the pair, buyers stepping in and taking the control on the short-term.
After such a rise, we are inclined to expect a pullback due to some long covering. We could see the pair going down toward its former resistance at 120 satoshis. A rejection there would confirm that this level has now become a support and should allow buyers to enter.
However if buyers are not able to defend the 120 satoshis level then we should see MATIC going down toward its former downtrend resistance.
It is important to note that although this rise has broken some short-term resistances, the pair has been making lower highs and lower lows during the last weeks, indicating that MATIC keeps evolving in a downtrend channel.
Raphaël Comte
Investment Analyst at Token Metrics
Disclosure: Token Metrics is a regular publication of information, analysis and commentary and does not provide individually tailored investment advice. Its principal has advised and invested in many blockchain companies. A complete list of his disclosures, advisory roles and current holdings can be viewed here: ianbalina.com .
MATIC/BTC Falling Wedge Breakout...!!MATIC/BTC
- Falling Wedge Breakout Done In Daily Timeframe.(Bullish)
- Volume is Increasing (Bullish)
- Looks Like Bottomed Out & Now I Think Leave the Station..
- Indicators Are Turning Bullish.
- Wait For Retest & Take Entry For Midterm..
Buy Around 100 - 105 Sats
Sell Targets 140 - 197 - 254 Sats
Stop Loss Is Must (According To Your Risk)
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MATIC HOT ENTRY IF BTC BREAKS BELOW $9,000 - Read the chart! BINANCE:MATICUSDT
Text was added to the chart. Play this market with caution!
Leave a like, comment & follow for future ideas.
Happy trading & Stay Safu!
MATIC will have a massive rebound and is likely to become the biggest gainer of 2019. I will be adding heavily if it can get to this target.
Matic/Bitcoin (July 22) #MATIC $MATIC #BTC $BTCMATIC will come back 110sts and this zone is good to buy and sell around 150sts
Stoploss : 100
MaticBTC possibilitiesAfter breaking up from a falling wedge on 10th Jul with good volume, a minor Adam and Eve pattern seems to be showing through and consolidation is happening healthily above support at the moment. If able to reach highs of the falling wedge target, a bigger Adam and Eve construct could occur.
Matic Network/Bitcoin (MATICBTC) Hello Everyone,
Matic Network 573 Satoshi ka high lagane ke baad continue downtrend me tha and finally 113 sat ka low lagaya hai,
I guess jaldi hi breakout hoga and ek achha profit aapko is coin se ho sakta hai.
Our previous success analysis:
Legal disclaimer: I am not a financial advisor, You trade at your own risk and nobody can guarantee you results.
Global Rashid
The Guide To The Right Path
MATIC Millionaire Pack For Midterm..!!MATIC (Matic Network)
Making SYMMETRICAL TRIANGLE Pattern In Daily Timeframe..(If Remains Above The Lower Trend Line)
Need Spicy Volume to Break Up..
Big Move Expected If BTC Remains Stable .
Buy Around 140 - 160 Sats
Sell Targets (Midterm) 300 - 400 - 500 Sats
Stop Loss Below Trendline Or According to Your Risk.
Hit Like On Idea For Support & Follow Me For More Interesting Ideas.
Thanks
MATIC breaking out of wedge.S1 supported by High volume node on our Volume Profile to the right and also .236 fib retracement. Stop loss 5% below here.
R1 is where we have our 26 EMA(purple line) acting as resistance. Also an area with significant support in the past.
R2 Our 50 SMA (greenline) and also our .382 Fib retracement.
BE AWARE, MATIC has a inverse relation with BTC. When BTC breaks out to the upside, MATIC goes down and vice versa.
Matic Network Looking Bullish Again !Matic has finally broken out of the downward pattern. It looks like we're creating a upward pattern now, need to hold $0.021 - $0.022 as resistance.
MATIC Network Correction Complete? These Signals Say Yes!Is MATIC Network correction complete?
We looked at MATICBTC as the "Perfect Bull Run Example", you can see it all here:
After such a strong run, lots of people are wondering what will happen next...
For MATICBTC a strong correction followed, this is normal after a strong bull run... Now, let's take a look at why this correction might be over...
Feel free to hit like now if you want to show your support... Let's get started!
MATIC Network (MATICBTC) Correction Over
First, we can notice that MATICBTC retraced by almost 80% from its all-time high. Normally we see an 80% retrace after a strong bull run... This point has been met.
ABC correction complete. We can a classic ABC correction wave completed.
MATICBTC's price went just below the 0.786 Fib. retracement level from the last bullish wave.
Additional signals:
RSI hit oversold and bounced strongly; now sitting on the bullish side.
MACD bullish crossover.
Trading above EMA10 and EMA100.
Increasing trading volume.
All the signals above are pointing to the and of the correction... Bullish action might follow... Targets and support levels detailed on the chart.
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Namaste.
MATIC up or downIn decision which way he wanna go! on our favorite number 0.618 we find support. Now lets see if we can hold it.