MATIC will fail to breakoutBTC is doing it's thing today bringing waves to the whole market.
personally i dont believe it will last.
the 20150 is well defended for btc.
Matic is over extended here facing a huge resistance.
i will short it here at 0.843 with 50% of the position and i will set another short order at 0.8590 giving me an average price of 0.85
stop loss if 4hour candle closes above 0.862 which is 1.4% (4.2%) risk.
first target is 0.81. about 5% (15% with lever)
i will update for another target if we get to this point
i will dare to use 3x leverage
Maticusd
✅TS ❕ MATICUSD: important resistance✅✅ MATIC has reached an important resistance level and has already bounced down.
The price is directed downwards and has already formed several lows.
I expect the downward movement to continue.✅
🚀 SELL scenario: short to 0.733.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
MATIC/USDT Looks Bullish on 4h ChartMATIC/USDT Looks Bullish on 4h Chart
Took out the low and now trying to recover back above the support🧐
Bull if does so📈
Follow me For daily chart analysis :
MATIC/USDT
#MATIC/USDT
#maticusdt
#long
#bull
#bullish
#longpostion
MATIC is READYBeautfully retraced right on 1.272 on 3 waves since the last analysis in august (). Count slightly adjusted.
Ready to get that 4.236/8.236
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
Polygon (MATIC) - October 6Hello?
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Please also click "Boost".
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-------------------------------------
(MATICUSDT 1W Chart)
The 0.6164-0.8191 interval is the interval that determines the trend.
Therefore, it is likely that the trend will continue in the direction off the 0.6164-0.8191 range.
Therefore, if the price holds above 0.8191, it is expected to move towards 1.2246.
(1D chart)
In order to continue the upward trend, it must rise above the HA-High indicator.
Therefore, the key is whether it can rise above 0.9226 and find support.
If it falls below 0.8191, we need to see if there is support in the 0.6164-0.7270 range.
------------------------------------------------------------ -------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
MATIC is near resistance. What's next?Hello, dear TradingView members.
This is a MATIC idea.
MATIC pumped about 10% since yesterday and then got rejected by the static resistance area.
Two support levels are on the way down to help keep the price up. And two resistance levels on the way up are robust due to our channel's dynamic roof, which also acts as an extreme resistance.
We might see some short-term uptrend for MATIC, but I suggest holding on and not opening long positions because the market can decline when the price nears the dynamic resistance level.
We have two possible scenarios in front of us.
Scenario One:
The price will touch the support level and go back for a retest.
Scenario Two:
The price will continue sideways until it loses strength and falls on our lower support areas.
RSI is neutral, and the price has more room to go down or up.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
✅TS ❕ MATICUSD: reached the resistance✅✅MATIC has reached the resistance level and even passed it.
It is quite possible to move a little higher, after which I expect a reversal.✅
🚀 SELL scenario: short to 0.733.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Possible MATIC Bear Flag continuation Thoughts on this one? There is heavy resistance at approx the $0.8 area
$0.32 MATIC testing yearly June lows?Will MATIC retest $0.32 which was the 2022 June lows, BTC looking to correct so...
MATIC Descending Scallop 4H Starting with a clean chart...
A look at the weekly shows an extended V bottom, the V bottom is often seen as a recovery formation. Should the price fall below $0.52 I consider the formation eliminated. With the "extended" V bottom, the sideways (extended) consolidation phase serves as a pause and often resembles the shape of a channel or bull flag .
I zoom in on the daily timeframe and also notice there in the tip of the V shape also a Smaller version of this Extended V Bottom Formation. On this timeframe we also find the zones where I expect possible resistance/support. And the Flip zone is an important one. Here the bulls need to claim the zone in order to stomp through.
Also note that the MA50 and MA200 are already approaching each other and if they cross bullish , its gonna be an Golden Cross where the Death cross took place in early March and the previous Golden Cross in early January 2021. Or in other words that moment could be a bullish moment.
On the 4 hours I mark the price by means of a Descending Scallop and in the background I have also drawn the Descending broadening wedge where the resistance line has been tested as a support line. in case of a breakout on the formation and a re-test, the price targets are mentioned. Also be sure to keep the big picture in mind there is still plenty of room towards the $0.23 mark.
Keep calm, Do your own research! trade safe and manage your risk.
(Disclaimer: This is not financial advice)
MATIC Extended V Bottom 1DStarting with a clean chart...
A look at the weekly shows an extended V bottom, the V bottom is often seen as a recovery formation. Should the price fall below $0.52 I consider the formation eliminated. With the "extended" V bottom, the sideways (extended) consolidation phase serves as a pause and often resembles the shape of a channel or bull flag .
I zoom in on the daily timeframe and also notice there in the tip of the V shape also a Smaller version of this Extended V Bottom Formation. On this timeframe we also find the zones where I expect possible resistance/support. And the Flip zone is an important one. Here the bulls need to claim the zone in order to stomp through.
Also note that the MA50 and MA200 are already approaching each other and if they cross bullish , its gonna be an Golden Cross where the Death cross took place in early March and the previous Golden Cross in early January 2021. Or in other words that moment could be a bullish moment.
On the 4 hours I mark the price by means of a Descending Scallop and in the background I have also drawn the Descending broadening wedge where the resistance line has been tested as a support line. in case of a breakout on the formation and a re-test, the price targets are mentioned. Also be sure to keep the big picture in mind there is still plenty of room towards the $0.23 mark.
Keep calm, Do your own research! trade safe and manage your risk.
(Disclaimer: This is not financial advice)
MATIC Extended V Bottom 1WStarting with a clean chart...
A look at the weekly shows an extended V bottom, the V bottom is often seen as a recovery formation. Should the price fall below $0.52 I consider the formation eliminated. With the "extended" V bottom, the sideways (extended) consolidation phase serves as a pause and often resembles the shape of a channel or bull flag.
I zoom in on the daily timeframe and also notice there in the tip of the V shape also a Smaller version of this Extended V Bottom Formation. On this timeframe we also find the zones where I expect possible resistance/support. And the Flip zone is an important one. Here the bulls need to claim the zone in order to stomp through.
Also note that the MA50 and MA200 are already approaching each other and if they cross bullish, its gonna be an Golden Cross where the Death cross took place in early March and the previous Golden Cross in early January 2021. Or in other words that moment could be a bullish moment.
On the 4 hours I mark the price by means of a Descending Scallop and in the background I have also drawn the Descending broadening wedge where the resistance line has been tested as a support line. in case of a breakout on the formation and a re-test, the price targets are mentioned. Also be sure to keep the big picture in mind there is still plenty of room towards the $0.23 mark.
Keep calm, Do your own research! trade safe and manage your risk.
(Disclaimer: This is not financial advice)
✅TS ❕ MATICUSD: strong downtrend✅✅MATIC has formed several minima.
Now the price has reached the support level again, from which a rebound is possible.✅
🚀 BUY scenario: long to 0.811.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
MATICUSDT Market Update 28/09/2022MATIC formed inverse head and shoulder and traded near to its neckline. Here we have to keep an eye on a successful breakout of the neckline, which will confirm its bullish move towards the upper marked resistance levels.
If MATIC loses strength and lost its right shoulder path then that would be a sign of another leg down in MATIC. Some further price action will confirm its direction.
Polygon (MATIC) - September 28Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(MATICUSDT 1W Chart)
The key is whether it can support and move up in the 0.6164-0.8191 section.
(1D chart)
The key is whether it can move above 0.8191 and move up along the rising channel (1).
If it falls below 0.6164, it is expected to fall around 0.4010.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** If you share this chart, you can use the indicators normally.
** The MRHAB-T indicator contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor).
** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100).
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
✅TS ❕ MATICUSD: reached support✅✅MATIC has reached support and has already bounced up. The price has formed a bottom and has now moved into an upward movement. Now a correction is possible, after which I expect growth.✅
🚀 BUY scenario: long to 0.811.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
MATICUSD ❕ descending structureMATIC has formed a downward structure.
Trading volumes show no interest in price growth.
I believe that we can see the asset lower, if the price holds below the support.
MATIC repeating ETH's first run : UPDATE 2022MATIC repeating ETH's first run : UPDATE 2022
check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on.
there is always another train through the station as long as we haven't nuked ourselves into oblivion.
anwayyyy this seems to be playing out nicely. the chart says it all. the repeating RSI pattern says we've bottomed already. or it seems that way anyway. RSI can be a tricky beast tho, you need to be careful with it.
it does seem like macro wise there has been enough blood but there are some fundamental bad things playing out in the system. war/climate change/massive unraveling of over inflated assets/normal max inflation etc etc so i wouldn't be surprised if it goes down another big leg.
two options there, clearly just wait and see if it all reverses on that first support coming up. then matic maybe a nice play. 250% sounds good to me.
lets see how this one goes. good luck to you fellow degen.
x
✅TS ❕ MATICUSD: strong downtrend✅✅MATIC is in a strong downtrend. Correction is now possible. BUT it is a very risky business to trade against the trend. Be careful.✅
🚀 BUY scenario: long to 0.78.🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Polygon: Jump, Jump 🎤We commence to make you – jump, jump,
The Mac Dad’ll make you – jump, jump,
The Daddy Mac’ll make you – jump, jump,
Kris Kross will make you – jump, jump...
As fitting as it is, we’re not really talking about the song by Kris Kross, which was released in February 1992 as the first single of their first studio album, but much rather commenting on Polygon’s next movement. Indeed, the altcoin should jump from the orange zone between $000 and $000 into the blue zone between $0.686 and $0.400 to finish wave (ii) in blue. Then, it should turn upwards, heading for the resistance at $1.05 and eventually crossing this mark. However, there is a 38% chance that Polygon could directly jump above the resistance at $1.05 instead.
Polygon (MATIC) - September 19Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(MATICUSDT 1W Chart)
The key is whether you can support and move up in the 0.6164-0.8191 section.
(1D chart)
The 0.6164-0.8191 interval is the interval that determines the trend.
Therefore, it is highly likely that the trend will continue in a direction that deviates from the 0.6164-0.8191 section.
However, to continue the uptrend, it must rise above 0.9226.
If it falls below 0.6164, it is expected to decline to around 0.4010.
If that happens, the possibility of entering the mid- to long-term investment area increases, so you need to think about countermeasures.
------------------------------------------------------------ -----------------------------------------------------
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** Background color of Long/Short-S indicator: RSI oversold and overbought sections
** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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