MATICUSD ❕ volumes resumed growthTrading volumes resumed growth along with the rise in price.
RSI is near neutral values (4H TF)
I think the asset will continue to rise soon.
Maticusd
MATIC♾️ breakoutWassup guys! Polygon broke up this triangle📐 and I think there is chance for run to 1.1340 and even higher, but we could see some correction first. I traded the initial breakout but one can set BUY LIMIT order to previous range high to catch🎣 the potential pullback. As always ... don't chase the market, let the market come to you.
ENTRY : local high @ 1.0185
STOPLOSS (SL) : local low @ 0.9760
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 1.1340
REWARD RISK RATIO (RRR) : 2.65
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Matic Weekly View - JANUARY 2023Hello Guys, Weekly Analysis is on the Matic Symbol in a 4H Time frame, I Hope it Will be Useful for You, Don't Forget to Like, Follow, Comment
The next targetsThe buying pressure under the resistance range of 1.055 dollars caused this resistance level to be broken. Therefore, the next target of buyers can be considered in the range of 1.25 to 1.30 dollars. Also, breaking this resistance has caused the price to exit the range channel, which we can consider a higher target as the second target for MATIC. This resistance is considered in the range of 1.61 to 1.71 dollars.
MATIC/USDT :: Soon the triangle will be broken !!!MATIC/USDT :::
Price ceilings are formed on the same level and price floors are closed above each other, and these events have caused a great triangle to form.
The best thing to do in such cases is to wait until the price finds its way and exits the triangle .
Polygon MATIC leaving the penny crypto area after last Fakeout⁉️MATIC leaving the penny crypto area after last Fakeout⁉️
Like in Stock Market the $1 mark is important for cryptocurrencies as well
Just see Polygon price reaction on the chart
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
MATIC 3D BUYMATIC 3D support is now at ~$0.82
Enter 50% at the current price
and try to set some BUY orders near the support zone
If MATIC stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. We said that the price has the potential to break its resistance and now the resistance is broken and IF the pullback is confirmed, it will continue to reach the target. The targets will be 1.3 and 1.7 .
Good luck.
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MATICUSD Out of its scalp range, turned bullish.MATIC broke over the scalping range that dates back to July 18th. The only time it broke over it since then was on November 4th and it made a top at 1.310. As long as the price is over the range, 1.310 is our bullish target.
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MATIC bullish target1.0900 is target on maticusd H4 chart. Also this level good for sell limit order...
Matic updateWhat Is Polygon (MATIC)?
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
MATICUSD - MACD BreakoutShowing the MACD on the main chart
The indicator slightly dipped before the positive area but quickly climbed back into the positive area. This is a bullish sign.
This strong stance from the indicator is also supported by price, with a sort of bullflag forming along this area of low volatility
MATIC - Long scenarioThere are possible scenarios for matic to move upward.
targets are on the chart and keep in mind that any position you open, should have stoploss on 0.7. design your position with this SL and a good risk/reward.
in the green zone, we might have very low momentum, but as daily MACD gets above 0, it will jump.
all the idea will expire after getting lower than 0.7
Matic could flyMATIC forming inverse head and sholder patern which means posible leg up.
Lets see, good luck!
MATICUSDT, key zones to watch and next moveHello guys, Everything is explained on the chart for you like always. Matic is below a strong resistance zone for now but has the potential to break it. Possible and expected next move and targets are explained to you. The targets will be 1.3 and 1.7 .
Good luck.
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Write your comment and opinion below to me
Inverse head and shoulderAn inverse H& S pattern is forming on daily time frame. All depends on completion and successful breakout from neckline.
**Warning** A crash much worst then covid 19 crash of 2020 can strike market anytime from now to next few weeks.
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MATIC - Poised for big against against BTC if history repeatsMATICBTC broke out to the upside of its 18 month channel and is confirming support above it. If we get a strong move to the upside, we may have a repeat of 2021. I'm long here.
✅TS ❕ MATICUSD: support level✅✅ MATIC turned around after reaching the resistance area.
The price is testing the support level.
The asset will continue to fall if it is fixed below the level. ✅
🚀 SELL scenario: short to 0.8762. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Matic update 2023What Is Polygon (MATIC)?
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Polygon: Holy Poly Guacamole 🥑Let's show 'em how it's done! Polygon continues to spike up and should exceed the resistance line at $1.30, if it carries on with its bullish temper. Our alternative scenario implies, that MATIC could drop below the support line at $0.689 until it reaches the end of the blue wave alt. (ii).
MATICUSD ❕ volatility decreasesTrading volumes declined.
The current movement looks like a triangle.
I expect decrease after the price fixation under the support level.
✅TS ❕ MATICUSD: resistance area✅✅ MATIC has reached the resistance area.
The price formed a declining peak.
I expect the beginning of the decline. ✅
🚀 SELL scenario: short to 0.9338. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Matic update #BarendsCryptoThis is an update to my Matic chart, likely this project will the price i set months ago.
