Maticusd
Polygon Long TermJudging by the moving averages on the weekly timeframe, closing the week below $0.75 will pull us to the level of $0.62. Conversely, staying above the $0.90 resistance is essential for a sustained rise to start. Closing this week with a green candle could target the $0.90 resistance.
Matic Idea up date and levels on watch.If you find this information inspiring/helpful, please consider a boost and follow!
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Still working this video thing out. Going to be using TV as a rough draft. So uploads on other places will have the corrections and will be cleaned and scrubbed.
MATIC/USDTesting/Tracking Elliot waves. Please do not trade without stop/loss.
Matic has been my favorite coin throughout this bear market. It has been one of the few coins constantly publishing updates
& making progress in a bear market. Countless numbers of partnerships especially with big name corporations is a plus.
This means a lot of people have faith in this project. Enough with this though lets get to the charts.
Chart timeframe is on the weekly.
I have posted a few charts on matic already and have been signaling the bottom since it hit .31. The reason for this is because that's the -90% drop.
If not all, majority of coins will go through a 90-95% drop from the top when we enter a bear market. If your coin has already dropped 90% and it risk falling another 5% is very little.
This is where you should start positioning more, regardless if it drops further or not. On this chart I am showing you 2 potential top for the next bull run. 4.7 and 7.8. Before I go any further,
let me quickly explain why you should've bought some at .31.
A 90% drop from the top of 2.9 brought us to .31
A 95% drop from the top of 2.9 brings us to to .15 or so
You would've been risking a -50% drop for a potential gain of 1400%+ R/R ratio of 29 (you can check by hovering over the long position: green & red chart)
Now I'm a big fan of DCA. let's say you decided to buy at .31 and it did go lower into a -95% drop. This is the perfect spot for you to add more into your position.
Not only did you get some for the above R/R ratio of 29 now you got some for even more. A -95% drop is normally the highest all coins drop, not many go much lower than this.
With a -95% drop your R/R ratio is 35. I've placed the stop loss at -98% cause I've seen some coins go there. Your potential gain from here is 3500%
Now you're adding your first position with second position. For these type of gains, the risk was very little.
Currently we're at a -69% drop from the top according to today's price. If we ever go near the prices of the above, God has given you a second chance. From today's price
your R/R ratio is 4.5 (437% gains) with the stop loss being under the -95% drop. The gains you potentially could've made has already gone down by tripled. The risk of buying here is still not bad, but
the once in a lifetime opportunity has already gone by.
The wave projection on this chart is based off of wave 1 and wave 2 already being made. Wave 3 target is an estimate of where the next bull run may take us. I tried to time the wave accordingly to the timeline, however,
Elliot waves cannot predict time. Chart timeline is based off of the bull cycles in the crypto market. We normally get 2 years bull & 2 years bear that corresponds to bitcoin's halving events.
MATICUSD ❕ continuation of the scenarioMATIC continues to trade above liquidity.
Trading volumes are rising.
On the 4H Timeframe the 50EMA has broken above the 200EMA.
The RSI chart is in the buy zone (4H and 1H TFs)
Price has fixed above the 50EMA (1H TF).
I expect the continuation of growth.
MATIC/USDT :: Range box !!!MATIC/USDT :::
It has been almost 6 months that the price has been moving in a certain range and has created a range box .
The price is moving between certain support and resistance and has not yet found its way. It is suitable for short-term trading, but it needs time to find its way .
<<< Good luck >>>
✅TS ❕ MATICUSD: uptrend✅✅ MATIC after reaching the support area and the double bottom, the price turned around.
The asset is moving in an uptrend.
Growth is possible. ✅
🚀 BUY scenario: long 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 invest opportunitiesentry and exit level specified
analyze is volume based
volume derived from other platform
MATICUSD ❕ above liquidityMATIC trades above liquidity.
Trading volumes have started to rise and the price has broken up 200EMA (4H TF)
I expect growth after fixing above support.
Polygon MATIC Price Targets for this weekThis week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Polygon MATIC are:
MATIC/USDT short
Entry Range: $0.84 - 87
Take Profit 1: $0.74
Take Profit 2: $0.61
Take Profit 3: $0.56
Stop Loss: $0.98
MATICUSD (Polygon) ZonesHere we are looking at MATICUSD on the Daily TF…
Let’s begin by zooming out on the chart to get a sense of the important zones that we must consider when analyzing Polygon in its local price range.
When looking for Macro support, the strongest support line that we can draw rests at approximately $0.31 as marked by the bottom (green) line.
In the immediate short term, we are looking at local support at about $0.75, so there is quite a lot of space between our local and macro support lines. If MATIC can’t hold its local support line (green), then we may expect a fall to its bear market lows, which also happen to be its macro support at $0.31.
Lastly, let’s quickly analyze the resistance range drawn on the chart. This resistance zone ranges from $1.00-$1.30.
As it continues to bounce between local support and resistance, we will keep you posted on relevant developments in the chart…
Cheers!
MATICUSD H8: +20% gains BULLS the BEST level TO BUY/HOLD(SL/TP)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
MATICUSD H8: +20% gains BULLS the BEST level TO BUY/HOLD(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTION!
🔸 Summary and potential trade setup
::: MATICUSD H8/candle chart review
::: strong / bounce reversal 75 cents
::: bulls maintain control expect more gains
::: trading within well-defined range / accumulation
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: 15-20% upside remains
::: BULLS focus on buying dips
::: BUY LOW after pullback is over
::: entry - after dips/pullback
::: TP1 bulls 92/94 cents
::: use tight stop loss for this trade
::: 1.00 mirror S/R resistance overhead
::: potential re-test of mirror S/R at 1.00 USD
::: bounce in progress / focus on buying dips
::: reversed via minor IHS setup on 1 hour TF
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +20% gains
::: details: see chart
::: FINAL TP is +20% gains 1.00 USD
::: recommended strategy: BUY/HOLD after correction
::: TP BULLS +20% gains 1.00 USD final TP
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: 72/74 cents demand
::: 1.00 usd fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/20% gains
::: Sentiment short-term: DIPS PULLBACK/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
There was a strong positive reaction from the supportMATIC had acceptable price growth last week. After the price reached the $0.7500 range, there was a strong positive reaction, and we saw an 8% retracement of the MATIC price. The previous resistance level in the range of $0.7984 to $0.8267 has been accompanied by a negative reaction. But the bullish candles below this resistance are being compressed, which indicates the possible failure of this resistance in the coming days. The new MATIC resistance support levels are carefully considered, and the range trend can end if any of the levels are broken. The price movement can also continue to the following levels according to the width of the range channel. If the short-term conditions of the market remain favorable, there is a possibility of breaking the resistance and reaching the target of 0.8741 to 0.9079 dollars. The Smart Money indicator confirms the current resistance support ranges.
Polygon MATIC bullish ahead of the FOMC Press ConferenceI am bullish on Polygon MATIC ahead of the FOMC Press Conference.
Those are my price targets:
MATIC/USDT
Entry Range: $0.85 - 90
Take Profit 1: $0.96
Take Profit 2: $1.07
Take Profit 3: $1.19
Stop Loss: $0.77
MATIC is on the edge. The potential that you lost 80% to90% of your holdings is high, however, the upside is ridiculous. one to watch especially if eth turns around. realistically would like to see this shake out some leverage before a move upwards
Matic Did I miss the boat? Elliott waveIf you find this information inspiring/helpful, please consider a boost and follow!
Any questions or comments, please leave a comment!
Also, check out the links in my signature to get to know me better!
Matic got the new low for a potential 5 waves in down in this variant. And have been watching this move up for a play. Waiting to see if this finishes here and moves back down to the GZ and support in a corrective fashion. If it does will consider a long, if it blasts, new plan. Can always get in later, it may hurt, but sticking to the plan. Being an impulse, I could be missing something and could break the low...hence a corrective to and reaction off would be ideal.
Cheers!
MATICUSD ❕ bearish divergenceMATIC is moving under liquidity.
On the 4H Timeframe price is testing 50EMA.
On 1H Timeframe RSI chart and price movement indicate formation of a hidden bearish divergence confirmed by trading volumes.
I think that the asset will decline after overcoming the support level.
MATICUSD H16: +40% gains BULLS the BEST level TO BUY/HOLDWhy get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
MATICUSD H16: +40% gains BULLS the BEST level TO BUY/HOLD(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTION!
🔸 Summary and potential trade setup
::: MATICUSD H16/candle chart review
::: accumulation in progress
::: bulls maintain control expect more gains
::: trading within well-defined range / accumulation
::: setup still valid as of RIGHT NOW
::: chart is LOG SCALE
::: get ready to BUY LOW later near range lows
::: currently/soon CORRECTION MODE
::: BUY LOW after pullback is over
::: entry - NEAR 72/74 CENTS
::: for now PULLBACK/CORRECTION MODE
::: use tight stop loss for this trade
::: 1.00 mirror S/R resistance overhead
::: potential re-test of mirror S/R at 1.00 USD
::: 72-74 cents decent bounce zone BULLS
::: potential HS setup BULLS bounce play
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +40% gains
::: details: see chart
::: FINAL TP is +40% gains 1.00 USD
::: recommended strategy: BUY/HOLD after correction
::: TP BULLS +40% gains 1.00 USD final TP
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: 72/74 cents demand
::: 1.00 usd fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/40% gains
::: Sentiment short-term: CORRECTION/MODE
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
✅TS ❕ MATICUSD: already started✅✅ MATIC has reached the resistance level.
The price has already started a reversal.
I expect a downward movement.✅
🚀 SELL scenario : short to the target.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Could it rise above the key point of 0.8647...Happy new year!
Traders, welcome.
If you "Follow", you can always get new information quickly.
Please also click "Boost".
Have a good day.
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(MATICBTC 1W chart)
If the price holds above the 0.0000 4151 to 0.0000 4415 range, the upward force is expected to remain.
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(MATICUSDT 1M Chart)
The question is whether it can break out of the downtrend line by holding the price above 0.7778.
(1W chart)
In order to continue the mid- to long-term upward trend, the key is whether it can rise above 0.8647.
If not, you should check for support around 0.6201.
(1D chart)
Since the M-Signal on the 1M chart and the M-Signal on the 1W chart are passing around 0.8647, the important question is whether it can rise above 0.8647.
To do so, it is necessary to check whether it can be supported around 0.7778.
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** All descriptions are for reference only and do not guarantee profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator includes indicators that indicate points of support and resistance.
** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor).
** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.)
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MY IDEA ON MATIC!I see how much liquidity it has to see the gray zone again. Despite there is a significant supply area with an OB.
2 possible MATIC trajectoriesBINANCE:MATICUSDT
The price is near a very strong support zone . If the price bounces once again against the red trendline as shown on the chart, it is most likely to fall to the support zone drawn approximately to the -27% Fibonacci level. If the trendline is not respected and a strong bullish candle closes above the red trendline, it is most likely that the price will rise to the 61.8% Fibonacci level, coinciding approximately with a previous high.