MATICUSD DOUBLE TOP PATTERNMATIC/USDT
Indicate Double Top pattern
Wait the confirmation after break the NECKLINE
Be safe my friend , market still not good for now
#tipsfortradingplanning
Maticusd
MATIC remains in the growth channelAfter exiting the downtrend channel, MATIC started a new path in the upward channel and made support at $ 2.28. If it keeps the price, we can observe an attempt to break the first resistance line at $ 2.4.
MATICHello Everyone...
Important price levels specified
We have an uptrend line that if it breaks we can experience a drop of $ 1 and 40 cents.
And in the second stage up to the price of $ 1....
Given that we have reached the ATH of this chart ... the chances of falling are higher
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MATIC/USDT Dumped -27% as I predicted hope you earned and Now?$MATIC
#MATIC/USDT currently trading at $2.37
As I predicted chart its dumped hard till our lower support at $1.90
Hope you also enter at dip.
Now..?
Now As per chart in 3D bullish engulfing pattern formed.
So I am bullish on $Matic.
Hope you also entered at our Support zone.
But If not then
Good entry:- $2.00-$2.37
Perfect entry when price triggered at $2.42
Targets:- $4/$6
Stop Loss:- $1.89
MATIC - has broke the line and TP/SLBYBIT:MATICUSDT
4H trend chart
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MATIC has already broken out the downtrend line
It also keeps being support from an uptrend line
So we can take entry on this blue area, and trading strategy as below.
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Profit Targets:
a) 2.6526----Blue horizontal ray
b) 2.9240--------Fib(1)
c) 3.4437~3.6538--------Fib(1.272~1.382)
Stop losses:
a) 1.8983-----Red horizontal ray
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or let me know what crypto you want to see!
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Have a nice trading!
MATIC♾️ bounceMATIC♾️
Hope you get the point! Smash teh lick button if you do! 👅
*Hint: Follow the violet path...🔮
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
Pivot Yearly predictions for Mativc using hidden pivotsThis is a very basic but powerful trading idea published as part of my Crypto market analysis for 2022.
It demonstrates the earning potential, predicted by Traditional Yearly Pivots.
On top of that, it uses my Hidden Pivots Indicator that is plotting additional levels of pivots from the R6-R10 and Support Pivots (If calculation allows it, as in many cases it won't) from S6-S10.
The Indicator plots automatically on each time frame.
You can have a look at it here:
And a deeper explanation of it here:
medium.com
In the case of $MaticUSD, you can see the four scenarios on the chart:
1.Likely in case of bear year - Downside to the S1.
2. Likely in case of bull year - Upside to the R1.
3. Likely on as very bullish cycle - Upside to the R5.
4. Likely on a bananas rocket to the moon year - Upside R10 and beyond.
For the whole long read and analysis on the pivot side of the crypto market 2022, see here:
rotzeod.medium.com
Polygon (MATIC) - January 13Hello?
Welcome, traders.
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Please also click "Like".
Have a nice day.
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(MATICUSD 1W Chart)
Resistance section: 3.056-3.259
Support section: 1.634-1.837
If the price is maintained above the 2.447 point, it is expected to move towards resistance.
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(MATICBTC 1W chart)
Resistance section: near the 0.00008526 point
Support period: 0.00003823-0.00004293
The interval 0.00007115-0.00007585 is the interval that determines the trend.
Therefore, the range of 0.00007115-0.00007585 can act as support and resistance, so trade cautiously.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves.
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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 convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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 can be made through split trading. It is a short-term investment perspective.)
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SHORT MATIC NOWits in a correction phase
if the length of C is the same as A
matic will come back to 1.360
thats a 40% drop
MATIC, POWERFUL CANDLE (>_-) !!!This is my predicted scenario for Matic right now. I always suggest others entering on pullbacks.
Matic needs to close the last daily candle out of this compression (by full of power):
MATICUSDT-LONGBased on technical factors there is a long position in :
MATICUSDT Matic
Score 3️⃣
🔵Long Now or set on Key Level 2.135
🟢Target 1 2.350
🟢Target 2 2.580
🟢Target 3 2.890
❌Stop loss 2.035
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
Please support our activity with your likes and comments.
MATIC/USDT : Both side have the profit for your portfolio ! BINANCE:MATICUSDT
Hello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
#MATIC is moving in a flat-top triangle, In other word; It has formed a bullish triangle and now the movement is approaching the edge of the pattern.
There will be scenario to play and both have separate profit on the movement, So we'll try to catch the majority and take the advantage into break out/down confirmations...
- Breakout above $2.700 with potential 60% LONG's profit on it :
In any terms of breakout above the higher resistance zone ; It'll confirm the bullish bias into the major movement and we can take a LONG on the breakout confirmation and set our SL as a candle close below our entry zone !
- Breakdown below $2.050 with potential 30% SHORT's profit on it :
In any terms of breakdown below the dynamic support zone ; It'll confirm the bearish bias into the major movement and we can take a SHORT on the breakdown confirmation and set our SL as a candle close above our entry zone !
📚 The meaning of the entry zone is the mentioned blue/red area of interest !
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
$MATIC PARABOLIC ANGLEbare minimum rally extension for polygon = 1.618
possible increase in the angle of parabolic advance is showing
all subject to interpretation and market conditions
MATIC/USDT ChartHi, I try to post often so if you could like and follow (I will start weekly streams !!) it would mean a lot to me.
MATIC reached the 1.97$ support and bounced so in the short term I am feeling bullish. BTC also made a slow movement to 42K so I am confident that we will go to at least 2.15$ area. In the mid term the most important thing is BTC price movement because after altcoins reach their resistance again BTC will decide the market bias. Comment your thoughts about the idea.
I will start streaming, so show up. I will talk about every crypto and you can ask me in chat any questions. Schedule will be out soon.
MATIC/USD AND MATIC/USDT BULLISH ANALYSIS we are in the strongest support area
please take your position we are going to see a bullish trend asap.
$MATIC - To Send Under Sell Side Liquidity Before Bullish Return*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to remember is price will move toward Liquidity and Balance. That's the basics. The rest is very unique in the vocabulary you need to have and the concepts that wrap around these ideas.
There was too much thought that went into this chart to even try to explain. But I think I make the entry points clear, that if it does get to those entry points, to add a position to the trade. When getting to the take profits, take a % off as a profit from the trade. But this chart should be foolproof unless something catastrophic happens.
TP3: 2.62499282
TP2: 2.51605485
TP1: 2.44690000
E1: 2.27610000
E2: 2.25454172
E3: 2.16770000
E4: 2.11720000
SL: 1.97495881
Good Luck and Happy Trading.
Polygon Matic Bullish or Bearish ?Matic has 3 times repeat pullback pattern on fibonaci on 0.6. If after touch 0.6 fibonaci and pull back breaking the 0.5 high fibonaci, it will bull run again till next ATH.
but if matic still goes down after 0.6 fibonaci i thinks bearish time coming to matic.
Just wait and see and hope it will to the moon.
MATIC - HH/HL trend continuation or market structure breakMATIC drowned in the redness of the market.
Despite recent bullish price action MATIC is down 30% from ATH.
New ATH is reached but volume was low. Fakeout is more probable in low volume situations.
Now I'm looking at 1.85$ as last support before market structure breaks and MATIC creates lower low (LL).
If BTC doesn't stabilize LL situation is very probable.
For now I'm watching this level with some alerts and waiting for reversal to jump in.
I bought some dips, but MATIC not yet. Waiting for some conformation, I'm not fan of catching falling knife.
My previous analysis where I warned about fakeout possibilities:
"Breakout without volume confirmation can result in false breakout. Hope it is not the case here."... take a look here:
MATICUSD H16: DISTRIBUTION / 50% correction(SL/TP)(UPDATE)Why get subbed to me on Tradingview?
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MATICUSD H16: 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 H16 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.