MATIC - Double BottomA bullflag breakdown into a double bottom is evident in early price evolution
This seems to be happening again with a bullflag being present, all that's needed now is a small breakdown and from there it is lift off as per the bullish double bottom pattern
Daily Chart
Posting some of my previous MATIC analyses
Maticnetwork
🔴 MATICUSDT - 15M (30.09.2022)🔴 MATICUSDT
TF: 15M
Side: Short
SL: $0.780065
TP 1: $0.768559
TP 2: $0.761441
TP 3: $0.755688
MATICUSDT looking to pull back a bit.
MATICUSDT Market Update 28/09/2022MATIC formed inverse head and shoulder and traded near to its neckline. Here we have to keep an eye on a successful breakout of the neckline, which will confirm its bullish move towards the upper marked resistance levels.
If MATIC loses strength and lost its right shoulder path then that would be a sign of another leg down in MATIC. Some further price action will confirm its direction.
MATIC repeating ETH's first run : UPDATE 2022MATIC repeating ETH's first run : UPDATE 2022
check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on.
there is always another train through the station as long as we haven't nuked ourselves into oblivion.
anwayyyy this seems to be playing out nicely. the chart says it all. the repeating RSI pattern says we've bottomed already. or it seems that way anyway. RSI can be a tricky beast tho, you need to be careful with it.
it does seem like macro wise there has been enough blood but there are some fundamental bad things playing out in the system. war/climate change/massive unraveling of over inflated assets/normal max inflation etc etc so i wouldn't be surprised if it goes down another big leg.
two options there, clearly just wait and see if it all reverses on that first support coming up. then matic maybe a nice play. 250% sounds good to me.
lets see how this one goes. good luck to you fellow degen.
x
Trading opportunity for MATICUSDT PolygonBased on technical factors there is a Short position in :
📊 MATICUSDT Polygon
🔴 Short Now 0.7941 or by Breakout
🧯 Stop loss 0.8900
🏹 Target 1 0.6900
🏹 Target 2 0.5555
🏹 Target 3 0.3700
💸Capital : 1%
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MATICUSDT 12h Ahead is a strong upward movement of MATIC priceThe MATICUSDT price has broken through the purple trend line and is also consolidating above the liquidity zone of $0.68-0.8
Also, the MATICUSD price does not react at all to fluctuations in the BTCUSDT price.
It seems that now the accumulation of forces of MATIC buyers is going on before further upward movement.
It seems obvious that a rapid upward movement can start both from the upper limit of the liquidity zone $0.80 and from the lower limit of $0.68.
However, the next target from above is $1.55-1.57 from both starting points
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MATIC/USDT buy signalMATIC is right at the support trendline. If support holds price will move towards the next supply area. This is a good RR opportunity.
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 short-term downtrend#MATIC/USDT
$MATIC broke down from ascending support and stayed below resistance zone.
🐻 so price can drop to support zone between 0.5 and 0.618 fib levels of swing high.
and it can continue its downtrend to 0.786 fib level where meet the descending trend line.
🐮🐻 be careful about the top price, where ascending and descending trend lines meet and price can touch it again.
MATICMATIC/USDT im looking for sell opurnity on MATIC im waiting for liquidity grab on this zone and lets goo too see
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions
MATICMatic is very strong, partnership with Meta and Disney pushed this one, currently holding the support, but I think we'll see it around Weekly/Daily nPOC level, maybe even the current lows, but I don't see this one going below the current lows POC level.
MATICUSDT - MATIC#MATIC $MATIC #HARMONIC
- Bat Pattern 🦇
- Daily Frame
#This is my technical opinion and not a recommendation to buy or sell
MATIC try to breakoutMATIC / USDT
And another monster coin
Its already made a breakout on descending broadening wedge but still the horizontal resistance in weekly
Once breakout is confirmed MATIC is ready for another fly
Do you agree ? Tell me in comment section ⬇️
Matic Double Bottom Pattern D1BINANCE:MATICUSDT
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
Possible Targets
➡️Fib still relevant on D1 with perfect double top and fake out. Downtrend line broke and now Matic should test local but main psychological price zone 1$ (red block)
➡️Matic I think will find strong sells at this level and going to test once again strong buyers zone (green block) and form on D1 double bottom.
➡️After double bottom the road will be exactly to 0.618 Level by Fib around 1.70$
➡️ Timing big pattern probably will be finish by end of October beginning of November
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MATICMATIC log weekly chart shows that we are in W4 now or finished with W4. Inside a mega bull mega phone pattern with the bottom TL showing .08c as a capitulation target that would only get tested if BTC nukes to $7k & top TL around $39 which also seem very unlikely. Most likely wave 4 is finishing up and we can extrapolate W1 to overlay the coming 5th wave target and look for $5 for a conservative wave 5 top. If FOMO hits the 2.618 fib level is at $8.20
MATIC will fly to the moon? ForecastMATIC has drawn a "Triangle" pattern, the price is moving in it, I think we will break it up soon!
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#MATIC/USDT RE-ENTRY TRADE SETUP!!Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
#MATIC REENTRY TRADE SETUP
MATIC/USDT LONG TRADE SETUP
CMP AND $0,8835
TARGET:- 7% TO 10%
STOPLOSS:- $0,8785
LAVERAGE :-10X TO 20X
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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MATICMatic seems to be done with the W1.
If the c wave bottom is in as my chart suggests then we are coming back into W2 now or after $1.17 tests.
The W2 can finish around .55c-.62c to retest B wave of the 1 shown off the lows of the triangle.
Either way this move looks exhausted.
If the C wave is not finished and this move up was the 4th of the 5 down for the C wave Flat correction from the 2021 highs then to that point MATIC will likely test .23c and finally bottom.
Only time can tell but I lean towards this chart projection.
MATICUSDT 4H TA; Resistance RangeDue to the chart, it is in the resistance range of $ 0.9 to $ 0.98, which I have specified if the area fails up or down.
It is noteworthy that it has not yet been able to break the previous peak.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
MATIC make it or break it#MATIC/USDT
$MATIC reached the resistance zone of last analysis✅ and hold below descending trend line.
🐮 break out this trend line will increase price toward next trend line.
🐻 rejection from current trend line will drop price to ascending trend line and support zone.
Make it 🔥 or Break it👍🏼
MATIC POTENTIAL BULL PENNANT, NEEDS A BREAKOUT !Hi traders, can matic break this pennant for an 80% pump ??
Trading opportunity on MATICUSDT Based on technical factors there is a long position in :
📊 MATICUSDT Polygon
🔵 Long Now or by trendline Breakout
🧯 Stop loss 0.7800
🏹 Target 1 1.0500
🏹 Target 2 1.1800
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝