MATIC BLASTING 💥 🚀Hi everyone 👋🏽
🕊 Wish y'all have a profitable lifestyle 🍀
📌 MATIC /USDT DAILY CHART
📌 PRICE ACTION - E-WAVE ANALYSIS - Fundamental Analysis
📍 MATIC is one of the hottest latest coin that has been always blasting since it has been launched
✍🏼 Straight to the point, I have already heard / read a NEWS (rumor) about the Polygon Netwrok or MATICUSDT being launched in Bitfinex crypto exchange, I personally see this investment worthy.
✍🏼 However, MATICUSDT looks good either in Technical and Fundamental.
✍🏼 MATIC is at the bottom of the parallel channel and it may get to its previous ATH it coming weeks.
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⚠️ THIS IS NOT A FINANCIAL ADVICE, I HAVE ONLY SHARED MY THOUGHTS 🙌🏽
Maticusd
maticusdtMaticusdt
sell zone
daily price is reach daily level and creat a daily and 4h pivot and we can open short in this chart
open:blue line:2.06$
tp:2.43$
tp:2.23$
tp:2.07$
tp:1.9$
sl:2.74$
MATIC, in this case, you just have to wait for confirmation!MATIC is in a local trading range between the levels of $2.7 and $2.4. The price is in this range for two weeks already. It is dangerous to open trades yet, because it is not known who is stronger in this case - sellers or buyers. It is worth waiting for a clear confirmation.
It is also worth noting that the price starts decreasing near the lower boundary of the trading range. This is not a very good signal. In the case of squeeze and breakout there may be a good opportunity to sell. In the case of a false breakout there may be a good opportunity to buy.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
MATIC, will this support hold up?MATIC is globally in an uptrend, but now a bearish pattern has started to form - lower maximums. This is not a very positive signal. Also worth highlighting is the formation of a bearish pattern like head and shoulders. This also indicates the weakness of the buyers.
At the moment, the sellers are restrained only by the trend line, which acts as support. In case of squeeze and breakout, there might be a good opportunity to sell.
A liquidity zone is marked below, which will stop the price in case of a fall.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Simple but smartHi guys
There is valid support for one-day timeframes. I think you can think about buying until this support is broken. But if this support is broken, it is suitable for getting shorts
Meanwhile, this analysis is only for a fluctuation and it is a bit unlikely at the moment until the price resistance increases
Do not pay attention to shadows
Please like and follow for support
MATIC reacts after BTC drops.MATIC reacted strongly to the decline in BTC and the price approached USD 0.3. The current support is $ 1.58, but there is a new price resistance ahead of us. The first costs $ 1.96, the second $ 2.14. BTC has a huge impact on the price, if it does not stabilize its price, we can expect further drops.
MATIC - RISING WEDGE TO DOWNSIDE - $1.20 IMMINENTmatic breaking down like everything else, looking for a downside target from where the wedge started at around $1.20
stay safe and have patience
not trading advice
tg
MATIC needs to maintain support.After fluctuating, BTC MATIC is dropping a bit more, but you can see that it kept its support level at 0.876 Fib Retracement, remaining in the triangle. It will be fine if MATIC consolidates the price around $ 2.10 and then tries to break out of the top triangle, that's what we need.
MATICUSDTThis MATICUSDT price analysis is based on a 4H Time Frame. According to my opinion it's right now on a downtrend and could hit the 1. Support Level in next hours or days. If it goes up, could potentially go up and hit again the ATH or a new ATH but if it breaks the 1. Support Level and goes down then it could hit the 2. Support Level and we would see the price around 1.50 - 1.45 USDT.
Tipp for all who are new in this space: even if the analysises are very correct and accurate but the price of an Altcoin depends mostly on the Bitcoin price!
If it drops most likely the whole altcoin market is going to follow it and reserve.
And you have to be also very passionate while holding a coin!
Tnx for paying attention
Your Sami.
MATIC, DAILY TRADE, SIGNAL$MATIC had a good run and now back testing trendline like most alts. Nothing goes up in a straight line. Wait for another restest before aping into trade 🦧
📍Entry 2.05-2.09
📍SL -5%
📍TP - 3.9-4.2
#DYOR #NOTADVICE #MATIC
MATIC/USDT Right now at Perfect Entry with 98% target as per TA#MATIC/USDT TA Update:-
$MATIC currently trading at $2.08
This is holding strong support level around $2
I am Buying here some $Matic
Entry: $2.08-$2.04
Targets:- $2.40/$2.60/$2.90/$3.5/$4
Stop Loss:- $1.98
After Breakout this is 2nd Retest level.
And also Bounced from this support.
Already-32% down From ATH
Don’t forget to Placed Stop Loss.
If anything change I will update.
Support:- $2
Resistance:- 2.40/$2.60/$2.90
✴️ MATIC/USDTMATIC gives a break and closes above the candle on the major resistance zone. In a 4-Hour time frame, the price performed a retest back to the zone. Well, you can not have a buy limit order on the support around $1.70. Alts market will start to move if BTC continues to consolidate.
MATIC/USDTOn a 4-hour timeframe, MATIC broke the resistance of the $1.7 area and also retested it. I hope that you filled your MATIC bags near the $1.5 support area. Increase your stop loss to buying price and hold this trade. The next resistance is $1.95 - $2 area and the major resistance is $2.2 area. It is bullish as long as it holds above the $1.7 area.
Matic : Short after trendline breaks.i have eyes on Matic for the past few weeks. after Matic breaks the trend support, I will short Matic with a small sized position.
MATICOn a 4-hour TF, MATIC again rejected from the $2.40 resistance area. It is now trading near the support of a $2 area. It needs to hold the $2 support area otherwise we see more downward movement towards the $1.75 support area. Be sure to use stop loss in your positions.
MATICUSD D1: DISTRIBUTION / 50% correction(SL/TP)(UPDATE)Why get subbed to me on Tradingview?
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MATICUSD D1: DISTRIBUTION / 50% correction(SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
NOT a setup to SHORT MATICUSD . Just showing
signs of weakness and recommend to stay out
of this market into the pullback.
🔸 Summary and potential trade setup
::: MATICUSD D1 chart review
::: not a great looking chart
::: hit top / resistance of the bullish channel
::: also noteworthy divergence
::: price/ RSI div very clear on D1/H8 TF
::: distribution price fractal
::: re-test of bullish TL (yellow)
::: expecting correction/pullback mode
::: pullback required to attract
::: new buyers from the lows
::: 30-40% pullback possible next
::: 4-8 weeks in Q4 2021 / Q1 2022
::: right now limited upside
::: positions traders should wait for
::: better entry prices later after
::: correction MODE up next
::: be careful don't get caught up in this
::: also overextended right now
::: BULLS remain on sidelines and
::: be ready to BUY LOW later
::: recommended strategy: SHORT SELL RIPS/RALLIED
::: TP BEARS is +40% gains
::: BULLS stay out until correction is over
::: BULL seek to reload near 1.0 USD
::: 1.0 USD strong / horizontal S/R level
::: SWING TRADE: SHORT/HOLD IT
::: correction run not over yet
::: good luck traders!
::: BUY and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: BEARS/CORRECTION
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.
MATIC profit 12% after 1h SHORT signal - more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price dropped 12% after Short signal. Another easy trade. 2.045 is next support. Price is below Ichimoku cloud and RSI is still bearish. CBrown is bearish as well. Another drop is definitely possible.
This analysis is made with my "Supertrend Ninja - Clean". It displays only the last few signals. Which gives it a clean look. When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. A red background indicates a possible bearish downtrend. Currently MATIC is still in a downtrend.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using my indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja - indicator", which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
"Supertrend Ninja - Clean", a cleaner version of "Supertrend Ninja - indicator", which only displays the last few signals.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "HA Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.