Matic sideways Wedge at play Looking critical day level with target in metic waiting for confirmation or trendline brake
Maticusd
Trade Alert - Long MaticTraders,
You guys know I have been dreaming of a touch on our MATIC May 2021 ascending trendline for months now. Today we got that. And though I missed the .98 cents touch for a buy in, I did get in at a dollar. My target will be at least that $1.53 cents level. Stop out is hard. But I wouldn't want to see anything much lower than that .87 cent level I have marked.
Best to you all,
Stew
Polygon 🛠️ Holding 1.0159 ? Will We continue our uptrend on HTF's? IDK we will have to see if price ( 1.0159 ) Daily level
will hold or we may fall into the depths below, the abyss. I can our next short targets being ( .9760 ) 4hr Level
and ( .9382 ) Weekly level. I can see a short term range being created here to build up more liquidity to go to the upside. The prices for the range may be between 4hr zones ( 1.0069 and 1.0539 ) before seeing more upside as bulls gather liquidity.
Polygon MATIC Price Targets after the Ethereum Shanghai upgradeEthereum’s Shanghai upgrade is scheduled to launch on April 12.
The upgrade will make more than 18 million ether, worth approximately $34Billion, withdrawable, possibly causing a sudden crypto market supply dump.
This is my scenario for Polygon:
MATIC/USDT short
Entry Range: $1.05 - 1.20
Take Profit 1: $0.95
Take Profit 2: $0.79
Take Profit 3: $0.63
Stop Loss: $1.41
MATIC/USDT - Will price respect the support trend line?MATIC/USDT is currently at a long term support trend line. Do you think price will hold this support level?
MATICUSDT | Wave Projection | 4-Wave Correction - Subwave B?Price action and chart pattern trading setup
TFD - Elliott wave analysis
> A possible 4-wave correction descending triangle with subwave B breakout expected to retraced 0.618 - 0.786 of subwave A scenario.
> Entry @ breakout triangle after downtrend subwave c completely retraced
> Target @ 5-wave upper resistance zone 1.618 wave 4 extension and 2.618 wave 1 extension + 30-40%
> Risk reward ratio could be 3:1
Indicator: RSI bullish momentum
Always trade with affordable risk and respect your stoploss
matic/busd buy callMatic/busd just tested support
and bounced back
buy : 1.1555
sl : 1.1465
tp 1.1773
MATICUSDT trading at daily support, likely to head towards 1.15The price has hit the daily support and likely to bounce from here. Therefore a long is favorable here. The target of the long should be 1.15 which is also daily resistance zone.
MATIC ready for correction (Short)After few unsuccessful attempts to break the resistance, looks like we are ready for some correction most probably after a liquidity grab considering the strong short time uptrend.
NFA
✅TS ❕ MATICUSD: uptrend✅✅ MATICUSDT has kept the uptrend.
The chart has reduced volatility near the resistance level.
The price will continue to rise after a breakout. ✅
🚀 BUY scenario: long to the resistance area. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
MATIC - Keep an eye on this level!! Here's a quick look at MATIC 8 hr. chart.
The idea is: Buy when the price breaks above 1.148$ and take profits at the levels shown in the chart.
Targets:
1. 1.165$
2. 1.190$
3. 1.230$
4. 1.290$
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Our success rate is notably high, with nine out of ten of our posted trade setups achieving at least their first target upon a breakout price breach. Our TradingView page serves as a testament to this claim, and we invite you to verify our results firsthand.
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BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
MATICUSD ❕ trading in the rangeThe asset continues to move in a range under liquidity.
Most indicators point to bearish dominance.
I think the asset will decline after reaching the upper boundary of the range.
MATICUSD one last pull-back before the $1.80 targetPolygon (MATICUSD) has been trading and closing below its 1D MA50 (blue trend-line) since March 02. It is within a Channel Up, repeating an easily recognizable pattern every time it drops and prices the Channel's Low for the ultimate buy. Currently, there is one last pull-back leg left on or slightly below the 1D MA200 (orange trend-line) in order for the 1D RSI to turn oversold around 30.00, before the new Low is priced. We will buy this pull-back and target $1.80 on the long-term.
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Trade Alert - Take ProfitTraders,
Are you beginning to sense that I am unsure of what will happen in the next week or so in the altcoin space? This is true. While I am fairly certain that Bitcoin will pullback at some point in the future to either retest our HKEX:25 ,200 level or, just above that, the 50 day ma - I am less certain as to how altcoin will react to BTC if it does pullback. In the past, during bear markets, altcoins have always exaggerated any move to the downside during a bear market. We are still in a bear market and with tomorrow's Shanghai upgrade on the Eth network which unlocks millions, I am just not sure how alts will respond. For me it's better to capture any profits I have while I have them and to wait until I see proper setup forming again for re-entry.
You can see APE is up into resistance here at the 50 day. I sold.
I have also sold Audio and Matic for now and am in cash at the moment.
Stew
MATICUSDT - achieved the first target +69.6% ROE with 20xMATICUSDT - achieved the first target of +69.6% ROE with 20x
I usually move the stop loss to no loss, but in this situation I will watch the process to control my risks.
Thank you all for supporting my reviews and positions
MATICUSDT - Well goes from htf
MATICUSD could breakout as we for this cross for a buy entry.We have not seen any activity with MATIC BINANCE:MATICUSDT lately so the momentum could be building in this Ichimoku cloud. You only need to wait for the cross in this indicator potential entry. It can be reliable on my other platform, but I thought I would mention this on Trading View.
MATICUSDT - Well goes from htf Well goes from htf.
There is a good level of liquidity on top, and locally we have trend liquidity, which will be collected in any case only either when the levels are broken, or after the LFT is confirmed, which was indicated on the chart. The second variant of the outcome is eventful, more acceptable
Target is bsl level ($1.165)
Of course, it is better to consider the input after the structure on ltf.
Primary targets - withdrawal of liquidity as in the chart
MATICUSD ❕ uptrend lineThe asset has held the trend line.
Price broke up 200EMA (4H TF)
I think MATIC will continue to rise.
✅TS ❕ MATICUSD: downtrend✅✅ MATIC USDT keeps the downtrend.
The asset moves in a narrow range.
The price will decline. ✅
🚀 SELL scenario: short to 0.9983. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Polygon aka Matic nice uptrend hey everyone,
Polygon is in nice constructive uptrend direction... it may or may not pull back to strong support trendline because its currently consolidating at the point where it is... Previous high was 1.55 approx... next high is 1.72... this year the polygon may break its previous high of $3 if crypto market remain bullish till end of this year... the lowest it can go is 0.98-1.00 since price is above 200ma.. the price may retest the 200ma if market crashes
good luck ...
MATIC Pattern in Weekly TimeframeMatic seems to be remaking the pattern it did before 2021 on the weekly timeframe. The final fix will be the last buying opportunity for me. It is clear that the correction will come up to the 40-week moving average.
MATIC IS STILL BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the MATIC symbol.
It seems that we are about to finish the diametric wave F and soon the bullish wave G will begin. Have this icon on your watch list
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
MATIC: Plan for Swing Trading at Ranging MarketHello Guys!
Today I would like to present to you my trade idea for POLYGON/MATIC.
As you can see, in 4H time frame here, MATIC has broken the trendline with a solid candle and is now testing the 50 EMA.
If you look at 1 day time frame, MATIC is currently at the range between 1-1.2 USD (approximately).
The 4H breakout confluences with the rejection from support/range low of 1 USD.
Now, as long as MATIC does not break the 1 USD support, or if there is a correction from here, the correction does not exceed the box I draw, we can expect MATIC to go to 1.2-1.25 USD range, which gives us a good trade opportunity.
Once MATIC reach the resistance/range high, we can see if there is any bearish signal there, to set up a short trade there back to 1 USD.
Good luck with the trading and remember that this is not a financial advice!
Trade at your own risk!
Hope you find my idea helpful