MATIC - 100% Gains, TP Zones 🚀Hi Traders, Investors and Speculators📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
If you're interested in the altcoin MATICUSDT , this 4min video is for you.
Matic is no stranger to parabolic mid-cycle movements - here we discuss potential price targets for a longer term trading plan, as well as a realistic and ideal accumulation zone.
If you're looking for a professional opinion on Bitcoin , check out this idea:
If you're interest is in fractals , check out this FTMUSDT idea:
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Maticusd
✅TS ❕ MATICUSD: bounced off✅✅MATIC bounced several times from the resistance level. The price is directed downwards. I expect the fall to continue.✅
🚀 SELL scenario: short to 0.742.🚀
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Polygon (MATIC) - July 28hello?
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(MATICUSDT 1W Chart)
The key is whether it can support and rise above the 0.6163-0.8191 section.
(1D chart)
Primary resistance: 1.1690-1.2245
Secondary resistance: 1.63-1.8328
Support: 0.6163-0.8191
The 0.6163-0.8191 interval is the interval that determines the trend.
Therefore, if the price is maintained above the 0.6163-0.8191 range, it is expected to rise to around 1.2245.
If it falls below the 0.5590-0.6163 section, there is a possibility that it may lead to a further decline, so Stop Loss is required to preserve profit and loss.
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(1W chart)
Looking at the wave using the HA-Low, HA-High, and MS-Signal indicators described in today's BTC analysis, it is not yet known whether the second wave of uptrend is in progress or the first wave of decline is in progress.
However, if the price rises above the MS-Signal indicator and maintains the price, it is highly likely to lead to a second upward wave.
If not, there is a possibility that a down primary wave will develop or lead to a bearish secondary wave.
In this way, the wave theory can only be known when it is finished.
However, we can take advantage of the HA-Low, HA-High, and MS-Signal indicators and have the opportunity to react when they exceed them.
(1D chart)
If you look near the reversal of the trend, you can see that there is a difference in the horizontal length of the HA-Low and HA-High indicators.
In an uptrend, the horizontal length of the HA-Low indicator is longer than the horizontal length of the HA-High indicator.
Conversely, in a downtrend, the horizontal length of the HA-High indicator is longer than the horizontal length of the HA-Low indicator.
Therefore, the wave in progress is more likely to be a rising one-wave wave.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV index was re-created by applying a formula to the DepthHouse Trading index, an index disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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MATIC - MATICUSDTi see a bat pattern
Any increase in the price will be an opportunity to sell short
This is my vision
MATICUSD ❕ an asset can exit from the downward channelVolumes show interest in price rising.
Price has tested and fixed above the 100MA (4H TF)
The asset has entered a bullish RSI zone (4H TF)
TD Sequential has formed an up reversal signal (4H TF)
I expect that MATIC may start rising if it gets out of the downward channel and fixes above the resistance level.
Polygon Recovers, will MATIC Float to $1 in a Bull Continuation?Past Performance of Polygon
Polygon is steady when writing, adding seven percent on the last trading day and down 14 percent week-to-date. In a bear breakout below a bull flag, sellers have the upper hand and appear determined to reverse gains of the first half of last week. Per the formation in the daily chart, MATIC prices will likely drop to $0.70 in a retest and completion of the second phase of a typical breakout formation following gains on July 14.
#Polygon Technical Analysis
Despite the bounce in the early Asian session, sellers are currently in charge and will most likely confirm losses of July 26 in a continuation pattern reflecting losses of early May 2022. Notably, the bear bar that forced prices below the recent bull flag and July 18 lows has high trading volumes pointing to high participation, marking weakness. Therefore, based on the formation in the daily chart, traders may search to find unloading opportunities on every pullback, with targets at $0.60 in the short term. It would be especially the case if MATIC bulls failed to unwind losses and force prices above $0.80. However, any unexpected surge above $0.90 will strengthen bulls, laying the foundation for a refreshing surge towards $1.
What to Expect from #MATIC?
Technically, MATIC is within a bullish breakout formation. Even so, given the strong liquidation of July 26, the coin will likely plunge back to $0.70 and $0.60 in a retest should prices be capped below this week’s highs.
Resistance level to watch out for: $0.90
Support level to watch out for: $0.60
Disclaimer: Opinions expressed are not investment advice. Do your research.
Trading opportunity in MATICUSDTBased on technical factors there is a Short position in :
📊 MATICUSDT Polygon
🔴 Short Now 0.7543
🧯 Stop loss 0.8390
🏹 Target 1 0.6925
🏹 Target 2 0.5790
🏹 Target 3 0.4540
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
MATIC/BTC Potential Jumper We have some strong patterns that played out for MATIC in the last couple of weeks. It's a flagpole pattern that worked it's way out of a cup and handle pattern . If it stays bullish we could be looking at 139% jump to 0.0000911 this week. GOOD TRADING.
MATIC/BTC 139% Jumper (0.0000911)We have a flagpole playing out. If it hits it's target of at least of 139% we could be looking at .0000911 plus this week. GOOD TRADING.
MATIC POTENTIAL BULL PENNANT, NEEDS A BREAKOUT !Hi traders, can matic break this pennant for an 80% pump ??
MATICUSDT 4h Trend Line ANALYSISAfter breaking through the upward trend one after another, it is coming down with a yellow downward trend.
If you break the yellow downward trend upward, you will rise to the purple downward trend.
If the candle rises through it, it will rise to the next upward trend.
Trading opportunity on MATICUSDT Based on technical factors there is a long position in :
📊 MATICUSDT Polygon
🔵 Long Now or by trendline Breakout
🧯 Stop loss 0.7800
🏹 Target 1 1.0500
🏹 Target 2 1.1800
💸Capital : 1%
We hope it is profitable for you ❤️
Please support our activity with your likes👍 and comments📝
MATIC looks like thisMATIC has great potential. Big project. Nice team. Create extra value for crypto world. Yeap?
💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.442).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 0.530
TP2= @ 0.578
TP3= @ 0.652
TP4= @ 0.745
TP5= @ 0.810
SL= Break below S2
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Now, It's your turn !
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.442).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 0.530
TP2= @ 0.578
TP3= @ 0.652
TP4= @ 0.745
TP5= @ 0.810
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Matic 1$ and for correction, BE CAREFULThe matic on the daily timeframe is strongly overbought, the indicators are overloaded, we are testing the trend line and reversal.
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Polygon (MATIC) - $0.60 - $0.65 will be great supportPolygon - $0.60 - $0.65 will be great support - IMO
After the breakout MATIC will have to correct before trying to break the resistance trendline since ATH December 2021
This break would be a HUGE bullish signal - but conformation has to occur for more accuracy dear Crypto Nation
*not financial advice
do your own research before investing
✅TS ❕ MATICUSD: bounced off✅✅MATIC bounced off the resistance level. A quick reversal is possible in this zone.✅
🚀 SELL scenario: short to 0.742.🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.