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Maticusd

Can MATIC be supported on the HA-High line...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICBTC 1W chart) If the price holds above 0.0000 5049, it is likely to explode the upside force. --------------------------------------- (MATICUSDT 1W chart) On the MATICBTC chart the price is in the high range, but on the MATICUSDT chart this is not the case. This phenomenon is caused by the price fluctuation of USDT following the fluctuation of BTC price. Therefore, the charts we usually see and trade are the MATICUSDT or MATICKRW charts. However, I think the MATICBTC chart serves the same purpose as a dominance chart or an index chart, showing the strength of MATIC when the BTC price starts to show an upward trend. Therefore, even if the price on the MATICUSDT or MATICKRW chart declines, if the MATICBTC chart maintains the price, eventually MATIC will show an increase in price. In this sense, looking at the MATICUSDT chart, it can be interpreted that if the price is maintained in the 0.6164-0.8191 range or higher, it is likely to show an uptrend. So, if it goes up, I expect it to touch around 1.2246. (1D chart) The question is whether the price can hold above 0.8647 and rise above 0.9486 -------------------------------------------------- ------------------------------------------- ** 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. ** HA SRRC 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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by readCrypto
1
MATIC is in danger, it will DUMP hard!Hello, everyone! Let’s continue to analyze the most dangerous altcoins which showed the greed during the bounce on the Bitcoin. Today it’s MATIC time. It now has the most dump potential. I suppose that the market maker created the fake growth on this altcoin to show other traders the illusion of the asset’s power. Of course it’s fake and MATIC is going to break or at least test it’s bottom at $0.33 and I will show you why. Let’s go! Let’s take a look at the 1D time frame of the MATICUSDT of the WhiteBit exchange. The bottom at $0.33 was the end of the wave 3 as on the entire crypto market. The corrective wave 4 retraced this wave with the zigzag correction. Zigzag correction usually consists of wave A (5 waves), wave B (3 waves) and wave C(5 waves). You can see on the chart how perfectly the market structure for MATIC corresponds to this theory. One question you can have is why the wave 5 did not break the wave 3 top in the wave C. I can explain it because wave 5 could be trimmed. It’s OK for the altcoins. Now the price is drawing the wave 5 and I suppose the the sub wave 3 of this wave is in progress. The minimal target for the wave 3 is the $0.61 – 1 Fibonacci extension level, but I think MATIC will hit $0.3 again because the 1.61 Fibonacci placed right here. Best regards, Ivan _______________________________________________________________________ Guys, if you like my analytics, please support me with your boosts and comments!
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by Skyrexio
20
Polygon MATIC price Medium and Long term tradeThe MaticUSDT price was one of the first to break out of the falling trend channel back in July this year. Now MaticUSD is trading above the liquidity zone of $0.67 - 0.77 You can try a medium-term trade: Entry $0.831 Stop $0.7624 (-8%) Take profit $1.1974 (+44%) Profit/loss ratio 5/1 You can also consider this trade as a long-term investment and hold it until the take profit of $1.90 (+127%) You can also keep a larger stop on the position, around $0.67 There are many options, it depends on what parameters your risk and money management allows . But it is probably not worth getting the Polygon token - Matic when the price will be below $0.67 . After all, there is an "emptiness" below the liquidity zone and the possibility of the MaticUSDT price collapsing to around $0.4 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
27
MATIC's price fluctuated between the res and sup!MATIC had a range trend during the last week. The price of this currency fluctuated between the resistance and support levels that were intended for it. After the selling pressure pushed the price of MATIC to the support range of 0.750 to 0.790 dollars, a positive reaction and increased demand were observed in the MATIC trend. Also, from above, the resistance that was considered in the range of 0.890 to 0.950 dollars has been associated with a negative reaction. Therefore, the range area is completely clear. As long as the buyers cannot return the price above the current resistance, the downward trend is expected to continue in the higher timeframe. One of the main and important resistances of MATIC is the price of $1 and also the range of $1 to $1.07, which we expect a negative reaction if the price hits this area. Also, one of the most important support levels of MATIC is considered at the price of 0.62-0.66 dollars, which has not yet been priced at this pullback level. So it can be associated with a good reaction. The price is barely above the Ichimoku cloud.
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by MonoCoinSignal
2
Polygon (MATIC) - November 26Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICBTC 1W chart) It is showing a tendency to decline from the high point range of 0.0000 5049 to 0.0000 5393. If there is a sharp downtrend when it drops below 0.0000 5049, there is a possibility that it will touch the next support range, 0.0000 2954 ~ 0.0000 3337. However, we must not forget that it has an upward force until it falls below 0.0000 2954. -------------------------------------- (MATICUSDT 1W chart) The 0.6164-0.8191 interval is the one that determines the trend. Therefore, it is important to be able to climb with support in this section. If it fails to get support, if it falls below 0.5590, it is likely to take a plunge, so be careful. (1D chart) The question is whether the price can sustain itself by moving up to or above the 0.8883-0.9486 range. If not, you should check for support in the 0.6164-0.8191 interval. A rise to the 0.8883-0.9486 zone is expected to lead to a move towards the 1.0813 area. -------------------------------------------------- ------------------------------------------- ** 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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by readCrypto