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Maticusd

LONG on MATIC from Retracement Matic undergoing correction now, has pulled back a ratio of 0.382. After an extended rally, we expect retracement of MATIC down to the lower support zones around @ 2.232, where we look to BUY or LONG. This area is the golden pocket, a 0.618 retracement from the ATH where we look for a solid rebound. This region also overlaps with the 200 EMA on the 4H, which can provide even more support. Highly likely the MACD would reach oversold once we hit this level. Buy zone : 2.20 - 2.28 SL 2.02 TP 2.67 (0.786 fib level + major resistance region)
MLong
by Gold_D_Roger
MATIC could be ahead of a major rally.My most recent MATICUSD analysis was on the short-term, where the Channel Up patterns accurately illustrated a target for us: Now that this short-term 3.000 target was hit, I am shifting my focus on the longer-term correlations. With the use of the CCI on the 1D time-frame, I've spotted this fractal which if repeated, will be extremely bullish for MATIC. As you see, we are at the end of a Higher Highs pattern (green Triangle), which is similar to the one formed in January 2021. Those were the last days of MATIC accumulation before a major parabolic rally broke out. The CCI sequences are identical. Practically what this suggests, is that if the Higher Highs trend-line breaks (dashed lines), the coin may start a parabolic rally that can easily double or triple in price. Do you expect this to play out in the same way? -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
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by TradingShot
7
MATIC - Is this a good time to buy?A few days ago, MATIC broke through the level of the previous all-time high. But as we can see, it was a false breakout, after which the price went under the level. It is worth pointing out that MATIC is globally in an uptrend, making higher highs and lows, which is a good signal. As long as this trend is unbroken, it is worth looking for good buying points. In case of a return, a squeeze, and a breakout of a key level, there could be a good buying opportunity. 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.
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by Yuriy_Bishko
8
MATIC/BTC : New Bullish movement will happenHello every one MATIC/BTC MATIC/BTC has Formed a Reversed Head and Shoulder Pattern! This Bullish Pattern Has done a Strong breakout Recently And Now It is Time For Pullback! after a Pullback The Price should Be able To Increase as much as the Measured Price Movement (The Length Between Head and The Neckline) . Summery: -MATIC/BTC is in a Reversed Head and Shoulder Pattern -Break out has Already happened -after a Pullback ,It can Increase as much as The Measured Price Movement! 💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! Thank you for seeing idea . Have a nice day and Good luck
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by CobraVanguard
6
Matic Price Recovery ( MATICUSD Analysis )Polygon’s native token, MATIC reached a new all-time high (ATH) of $2.9 on December 26 as the festive season bullishness pushed the larger market. That said, MATIC’s recent price discovery was not on the back of larger market movements, but the increased action and interest in the network. Driven by sustained network growth and high active addresses, MATIC’s price recently broke ATH and has been in a larger uptrend since December 15. Its high address activity has continued to show increased interest surrounding the Polygon Network with over 8,000 daily active addresses making MATIC one of the top-5 most active coins and most used coins. Further exchange balances for MATIC had dropped down to ATH levels as more coins left exchanges amid a positive sentiment. That being said a general rise in the number of larger transactions and large transaction volumes highlighted how the asset was seeing an increasing institutional interest as bigger players took over. In terms of fundamentals, MATIC looked good and presented a healthy rally but what does its rise tell about the market. Well, the recent MATIC rally saw the altcoin independently rally as its BTC correlation saw a new all-time low. MATIC’s gains are indicative of the rise in L-1 protocols as analysts have noted a spike in capital inflow in networks like Polygon, Solana, and Terra over the last month. Price-wise too, MATIC was in price discovery mode, much like Terra and Solana during their previous rallies. As retail and institutional interest in L-1s spiked over the last year, their total value locked also saw dramatic growth. So it seems like L-1s are looking ready to take on 2022, provided the network growth and on-chain activity sustains.
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by thomasfullerofficial
MATIC/USDT New All Time High hit and What New update now?#MATIC/USDT TA Update:- $MATIC currently trading at $2.80 And Daily going to new All time High. Today hit $2.877 ATH What Chart say..? As Per chart $MATIC broke our all time Resistance $2.41 and also trading above Resistance level so Now $Matic is supper bullish. But Also trading at Small resistance point. So I am expecting some Retracement till $2.41 Now 2 Strong support for $Matic Bull Cycle. Support:- $2.41/$1.90 Resistance:- $2.90 Never Gamble with your hard earned money. Always trade with Confirmations. Thank you.
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by CryptoPatel
2
MATIC - new ATH, preparing for price discovery modeMATIC is one of best performing cryptos in recent time. Chart looks great, new ATH is reached, HH and HL since summer. Only thing that bothers me is the volume. If you compare volume from previous breakouts and upwards moves, current volume is too small. Breakout without volume confirmation can result in false breakout. Hope it is not the case here. If MATIC manages to stay above previous ATH level, consolidates for some time (without falling sharply down) further price discovery mode is probable! Take a look at previous MATIC analysis where I also mention this potential "volume problem":
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by Philippe_0x
MATIC TargetsMy recent Polygon call just hit the target. 👇 We are having a great run📈 but I think it's the right time to take at least some profits off the table, so I will be lowering the exposure on each TP level step by step. Here are my next targets for ♾️ MATIC : TARGET 1: 2.44 TARGET 2: 2.58 TARGET 3: 2.85 TARGET 4: 2.99 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.
MLong
by bizmark
3