Matic 1$ and for correction, BE CAREFULThe matic on the daily timeframe is strongly overbought, the indicators are overloaded, we are testing the trend line and reversal.
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Maticnetwork
MATIC on fire again MATIC / USDT
One of strongest coins in current market right now
Trendline resistance broken with strong volume
As long as we hold support zone mentioned in my chart we continue going higher up to the next strong resistance zone (violet color)
MATICUSD Inverse Head & Shoulders can aim at 1.400!The Matic Network (MATICUSD) made a strong green 1D candle yesterday, rebounding exactly on the 1D MA50 (blue trend-line). Being a Resistance since early April, Matic has turned the 1D MA50 into a Support and is holding it.
There is the Lower Highs trend-line involved since the December 27 High but the pattern that has been developed since the bottom, is a strong indication that this time the trend-line will break. The pattern is as you see an Inverse Head and Shoulders (IH&S), which is technically a bullish reversal pattern and can target as high as the 2.0 Fibonacci extension, which is exactly at 1.400. That is even higher than the 1D MA200 (orange trend-line) that rejected the price last time in late March/ early April.
In addition, the 1W RSI broke above its MA line for the first time in 2022, indicating that this bullish move can be sustainable this time.
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MATIC inside rising wedge#MATIC/USDT
$MATIC rejected from upper line of rising wedge pattern and heading down toward lower line that will be around $0.51.
🐻 break down from lower line of this wedge will drop price more to support zone around $0.35.
🐮 but holding the lower line that is the same with descending trend line and break out from upper line will increase price to higher trend line and resistance zone around $0.85.
MATIC broke out rising wedge#MATIC/USDT
#update
$MATIC hold the lower line of wedge as support and pumped to broke out from upper line of wedge, and now faced a resistance zone.
🐮 possibly price will have a pullback to support zone around $0.6 and then will continue its rally to resistance zone between $0.8 and $0.9
🐻 break down from support zone will invalid bullish scenario and price can drop to descending trend line.
MATIC - Triangle PatternMatic price could have a massive move after it crosses the triangle edges like the last triangle pattern on this chart.
Besides, BTC always affects altcoins, and it's in the trading range now and will probably rise to the top. So the uptrend scenario has more possibility for MATIC, But we must first wait for the CPI and PPI on the following day.
Polygon: Promising 😊After completing wave 2 in green in the green zone between $0.44 and $0.42, Polygon has proceeded to battle its way upwards. If it can keep up this drive, it should soon make it above the resistance at $0.62, which would then augur well for further ascent.
MATIC/BTC DominanceOn the fundamental part is Polygon always delivering but the next few weeks could be special.
They will introduce new zkrollups and they will be integraded in smartphones from HTC and Phone1 from "nothing".
Besides that is the polygon network running a beta version for nft on facebook and instagram wright now.
Dominance will moon cause I think Bitcoin will go sidewise for a wile.
Matic will repeat what it did twice already.
Greetz dikka.eth
No financial advice.
MATICUSDT 1D Great potential for growth, but there are conditionToday we will consider what prospects are emerging for the Maticusdt trading pair
But to begin with, we offer you a look at our previous idea for a Maticusdt pair, which we did 2 months ago.
In it, we noted an important liquidity zone of $0.67-0.81. However, during the fall, there were no buyers in it. This was clearly visible when sellers easy fixed the Matic price below this zone, which in turn is a clear signal for activation of the red scenario.
Today, the chart shows signs of "recovery" and the desire for the Maticusd price to rise a little.
In the coming days/weeks, the $0.67-0.81 zone will act as strong resistance.
To continue the rapid growth with a maximum target of $1.10-1.20 , buyers need to anchor in the liquidity zone of $0.67-0.81 and follow the blue route.
If at the approach of $0.67 there are signs of weakening growth and will start consolidation below this zone, then activation of the red route is possible with a potential correction to $0.45
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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 :)
MATIC (Polygon) Long-Term ForecastThe yellow dotted lines show major S/R lines. The plain yellow line shows where you should place your trailing S/L price.
MATICUSD LONG 0.375 Stop 0.361 Take 0.63Matic is drawing head and shoulder, the excellent entry point at 0.375
Polygon MATIC short Entry Range, Take Profit and Stop Lossall targets reached here
MATIC/USDT short
Entry Range: $0.44 - 0.49
Take Profit 1: $0.39
Take Profit 2: $0.33
Take Profit 3: $0.21
Stop Loss: $0.57
MATIC/USDT BUYING SETUP (SWING)Buying #MATIC/USDT (SWING)
$MATIC movement in descending channel and any minor symmetrical triangle pattern , good buy volume at 1h timeframe so potential can try to breakout resistance trendline
Daily rsi showing bullish divergence
Buy zone : 0.62 - 0.57 - 0.5
Target : 0.649 - 0.690 - 0.732 - 0.808 - 0.923
Stop : 0.43
MATICNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
#MATIC/USDT 2HOUR UPDATE BY CRYPTOSANDERS Hello, dear traders welcome you to this GAL/USDT 4hr chart analysis.
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/USDT LONG TRADE SETUP :-
entry:-$0.62,$0.64
target:-80%
stop-loss:-$0.5866
with laverage 5x to 10x
MATIC/USDT In the current scenario, the MATIC is trading above the green support zone .
Now I am expecting more % down towards the lower support zone area which is also a good buying zone for MATIC.
If MATIC/USDT HOLDS the upper trend line support well then soon we will be able to see a bounce towards the yellow resistance zones at the price level in upcoming weeks which is almost 80% from the bottom level.
Sorry for my English it is not my native language.
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.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
MaticUSD came into the liquidity zone. Next move ?Today, we analyze the global graph of the Maticusdt trade pair
Of course, virtually all of the alts is very painful to respond to the fall of the price of BTCUSDT
However, on the other hand, the price of alts reaches strong liquidity zones, from which were organized good buyback up at the trade history.
So the Maticusd price reached the liquid zone $0.67-0.80 which previously held back the notorious and sharp rainfall in May-June 2022
In the graph, we used a combination of vertical and dynamic fibolevels. Maybe the schedule will be strongly cluttered, but if you look at, can get a lot of beneficial trade information.
All crypto market is now at critical levels where volitional trade decisions will be made. Hence, in close future either organize a worthy rebound up or another wave of a strong fall, which results in traders and investors will be "lick the wounds" for months, if not years ...
Summarizing:
Looking at the schedule, a set of medium-term long position in the liquidity zone $0.67-0.81 with an indicative purpose of sale x2 in the area of $1.45 looks logical.
Fixing the Matic Price below $0.65 will open the way to work out the red scenario.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
MATICMATIC/USDT Last defense area in this range around 1$ ------- If bulls not active here except another 40% drop toward 0.7$ - 0.5$
Keep an eye reaction on this area (candles closing)
MATICUSD Long Period of Low VolatilityAn observation of the MATICUSD log chart which shows a prior long period of low volatility which led to extreme growth
Currently, price is going through a similar 'low volatility' phase, which will also ultimately lead to large gains
Similar price action documented in green
MATICUSD A benchmark for the next bullish break-outI haven't posted a public idea on the Matic Network (MATICUSD) in a long time. Even though we might be 1 or 2 months away from a new parabolic rally, this analysis may serve as a benchmark to spot when you may enter buys in the market with a confirmed break-out.
As you see the price action since the May 2021 High resembles the sequence from December 2019 to December 2020. In the later stages of that sequence, the price entered a narrow consolidation pattern which broke upwards when the 0.236 Fibonacci retracement level broke. The 1D Golden Cross (1D MA50 crossing above the 1D MA200) simply confirmed the break-out that initiated a massive parabolic rally.
Right now the 0.236 Fib is at 2.452.
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MATIC strong support areaMatic is sitting at a strong support level from which i think it can bounce to the 1.71 resistance area.
Looking forward to read your opinion about it.
MATIC short term targetThere is an increase in MATIC`s volume recently and a lot of interest surrounding it.
Looks like a possible bounce from the support area.
I would expect a pump to $1.71 short term.
Looking forward to read your opinion about it.
MATICUSDT -- 4HHey guys
It is time to invest in some coins and tokens according to their technical and fundamental conditions.
here is the first one I have orders according to the key levels shown in the chart.
DYOR!
This is my idea. not a financial advice.
like and share and comment the coin or token you want me to share my technical point of you of them
Good luck
