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Maticnetwork

MATIC on a Head and Shoulders trying to avoid disasterThe Matic Network (MATICUSD) recently established trading below its 1D MA200 (orange trend-line), closing a daily candle below it for the first time since October 20. This alone is far from ideal for buyers but the price remains within the wide 0.690 - 0.770 Support Zone that is holding since July 26. However, we can't ignore the Head and Shoulders pattern since October 13 that has just been completed. If broken to the downside, this has the potential to drop as low as the 1.5 Fibonacci extension, which is at 0.380 with potential Support levels before that at 0.525 and 0.420. Until the Green Zone breaks though, the price can potentially rebound back to the 1D MA50 (blue trend-line) and the 0.970 overhead Resistance. The 1D ADX indicator seems to be in agreement. A closing above the 0.5 Fib at 1.000, invalidates the Head and Shoulders pattern completely and recovers the price towards 1.300. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
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by TradingShot
2
MATIC/USDT 1DAY UPDATE BY @CRYPTOSANDERSHello, 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 another notable token to fall today, with prices also moving lower for a third straight day. Following a high of $0.891 on Thursday, MATIC/USD dropped to a bottom of $0.8483 earlier in the day. As a result of this drop, the polygon moved to its lowest point since November 30, when prices hit a bottom of $0.837 MATIC has since rebounded from earlier lows and is currently trading at $0.8569, which is still nearly 4% lower than Thursday’s floor. This slight rebound comes as the RSI rejected a breakout of a point of support at the 43.00 level, and the index is currently at the 44.26 mark. Historically, bulls have used this floor as a point of reentry, and should this reoccur, then we could see MATIC move back toward the $0.90 level. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:MATICUSD
by CryptoSanders9563
1
MATIC is in danger, it will DUMP hard!Hello, everyone! Let’s continue to analyze the most dangerous altcoins which showed the greed during the bounce on the Bitcoin. Today it’s MATIC time. It now has the most dump potential. I suppose that the market maker created the fake growth on this altcoin to show other traders the illusion of the asset’s power. Of course it’s fake and MATIC is going to break or at least test it’s bottom at $0.33 and I will show you why. Let’s go! Let’s take a look at the 1D time frame of the MATICUSDT of the WhiteBit exchange. The bottom at $0.33 was the end of the wave 3 as on the entire crypto market. The corrective wave 4 retraced this wave with the zigzag correction. Zigzag correction usually consists of wave A (5 waves), wave B (3 waves) and wave C(5 waves). You can see on the chart how perfectly the market structure for MATIC corresponds to this theory. One question you can have is why the wave 5 did not break the wave 3 top in the wave C. I can explain it because wave 5 could be trimmed. It’s OK for the altcoins. Now the price is drawing the wave 5 and I suppose the the sub wave 3 of this wave is in progress. The minimal target for the wave 3 is the $0.61 – 1 Fibonacci extension level, but I think MATIC will hit $0.3 again because the 1.61 Fibonacci placed right here. Best regards, Ivan _______________________________________________________________________ Guys, if you like my analytics, please support me with your boosts and comments!
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by Skyrexio
20
Polygon MATIC price Medium and Long term tradeThe MaticUSDT price was one of the first to break out of the falling trend channel back in July this year. Now MaticUSD is trading above the liquidity zone of $0.67 - 0.77 You can try a medium-term trade: Entry $0.831 Stop $0.7624 (-8%) Take profit $1.1974 (+44%) Profit/loss ratio 5/1 You can also consider this trade as a long-term investment and hold it until the take profit of $1.90 (+127%) You can also keep a larger stop on the position, around $0.67 There are many options, it depends on what parameters your risk and money management allows . But it is probably not worth getting the Polygon token - Matic when the price will be below $0.67 . After all, there is an "emptiness" below the liquidity zone and the possibility of the MaticUSDT price collapsing to around $0.4 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
27
#MATIC/USDT Trade Setup 54% Potential Pump. RR 1:9Welcome to this quick trade setup, everyone! Recent trades posted:- 1. BTC /USDT (Running in Profit) 2. ETH/USDT (Running in Profit) 3. CHZ/USDT (In Accumulation) 4. CHR/USDT (Running in Profit) 5. MATIC/USDT (In Accumulation) Entry:- $0.8075 TO $0.8611 (6.22% is the accumulation range from CMP so plan your entry accordingly) Stop Loss:- $0.7576 Recommended Leverage:- 3x- 5x Target:- Open (Possibly 35% to 54%) RR 1:9 (Highly Lucrative) This is not financial advice. Always DYOR. These are my trades. Do not cry in the comments if you can't afford the Stop Loss or go for 125x gambling. I am ready to take the SL if it gets hit. Trade only if you can afford the SL. Do the maths before you enter the trades and manage your risks properly. Fund preservation is our foremost priority. If you like me to post more please share this idea with your friends and communities and hit the like button. I have been with you in the bullish days and the bearish days. We are going to have an amazing bull run for sure. Cheers! Thank you #PEACE
MLong
by Cryptorphic
11
MATIC ready to break down due to unforeseen technicalsThis is a very tough analysis to do as there was an anomaly of an event which shifted the technical analysis dynamics. I guess right now the price is sideways with bearish signals for further downside. Once we have price below the 200MA and below the support around $0.7600 it's likely for the price to continue down to $0.2550. With the crypto-winter, lack of confidence with exchanges, regulations and finances - I wouldn't be surprised to see further downside for Altcoins like MATIC. Bearish bias.
MShort
by Timonrosso
2
MATICUSD going Ethereum 2016/17 styleThe MATIC Network (MATICUSD) has been rejected last week on the 1W MA50 (blue trend-line). In an interesting turn of events, its price action since the COVID March 2020 crash, is similar to Ethereum's (ETHUSD) price action from October 2015 to January 2017, which also got rejected on its MA50 (for better illustration we used the 4D time-frame, even though 1W fares well too). Both made the MA50 rejection after the broke above their correction Lower Highs trend-line. What made a big difference for ETH in its January 2017 break-out and rally was the bearish reversal on the U.S. Dollar (DXY). MATIC made its October 2022 bullish break-out as the DXY has pulled-back significantly. If the fractal continues to be repeated, expect a strong rally on MATIC in 2023. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
MLong
by TradingShot
7
MATICUSD Profit to be made in range as well as break-outs.Polygon (MATICUSD) has been trading within a Channel Up since the June 18 bottom and on November 05 formed its latest Higher High. Since then, it has been highly volatile following the explosive mix of the FTX (bearish) and CPI (bullish) news. This should keep the price volatile and sideways mostly within the bottom (Higher Lows trend-line) of the Channel and the (dashed) Lower Highs trend-line, a sequence that took place from the previous August 14 High until October 17. A break above the dashed Lower Highs would be bullish towards the 0.382 Fibonacci retracement level while further break, bullish towards the top (Higher Highs) of the Channel Up. Similarly, a break below the Channel Down would be bearish, targeting the previous dashed line. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
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by TradingShot
2
MATICUSDT Price growth will continue, but under what scenario?Our previous idea MATICUSDT didn't get too many views and likes, but it's a pity... Just look at how she works beautifully: Since the publication of our previous idea, at the maximum point, the increase in the MATICUSD price was +90%. The growth was stopped at the border of the trend line, which sellers have been controlling since the end of December 2021, and above it the price does not get yet. During the growth, the MATICUSDT price quite easily passed upwards the liquidity zone of $0.67-0.81 and is now trying to establish itself above it. The main question for the coming days: Will the buyers be able to pushing the MATIC price and still break through the purple trend line. Most likely, the point of struggle between buyers and sellers will be around $0.90 According to the results of the battle, it will be clear which of the scenarios will be activated: blue or red? Safe entry long either after fixing the Polygon Matic price above the purple trend line or after a deep correction in the area of ​​ $0.65 If you are having a profitable long position MATICUSDT is great, but be careful when the price goes up to $0.90. And even better, moving up your stop during the growth, so as not to give your profit to the market. The next goal for growth MATIC price remains valid from the previous idea - $1.10-1.20 _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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by P_S_trade
53
MATIC/USDT - LONG -- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --------------------------------------------------------- ⚡️⚡️ MATIC/USDT ⚡️⚡️ Exchange: Binance Futures Trade Type: Breakout (Long) Leverage: Cross (1.0X) Entry Orders: 1) 0.9664 - 100.0% Take-Profit Orders: 1) 1.0089 - 20.0% 2) 1.0575 - 20.0% 3) 1.0993 - 20.0% 4) 1.1519 - 20.0% 5) 1.2666 - 20.0% Stop-loss Orders: 1) 0.8964 - 100.0% Trailing Configuration: Take-Profit: Percentage (4.0%) Stop: Breakeven - Trigger: Target (1)
MLong
by Mahdicryptodotma-pro
The next BNB and Ethereum? What is Polygon/Matic up to?I don't know the exact narrative Matic is going to play in the future, but if Dollar index and other insights I've gathered from xrp.d and total2 match, then this could play out next year, matic is posing to be the next BNB and Ethereum maybe. I wouldn't dare touch leverage lesson learnt, but what is good old high performer Polygon/Matic up to these days? Sticking to spot could prove to be a winner. Buy it, use it, break it, fix it, trash it, change it, mail, upgrade it Charge it, point it, zoom it, press it, snap it, work it, quick erase it Write it, cut it, paste it, save it, load it, check it, quick rewrite it Plug it, play it, burn it, rip it, rip it Technologic-AutoMATIC
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by axelrodd
6
Polygon: Hammer time! ☝️According to the principle “U Can’t Touch This”, Polygon is pulling the M. C. Hammer move above the blue zone between $0.68 and $0.40, meaning that the altcoin just won’t touch it. Nevertheless, we still expect the cryptocurrency to dive into the blue Zone to finish wave (ii) in blue before rising above the resistance at $0.94, thus affirming further ascent. However, there is also a 42% chance that Polygon could indeed not touch the blue zone at all and instead climb above $0.94 directly.
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by MarketIntel