MATIC SHORT the impluse wave is in a diagonal
5th wave in an expanding diagonal
could cause a throw over if it breaks
that top trend line hitting the top of the
expanded diagonal
solid wave 1 structure
Maticusd
$MATIC VS $LINKlink rose consistently from 2018 to now
will polygon be able to manage the same?
1.618 - 1.786 extension puts polygon between $80 - $150
the future has its own plans
MATIC = Price discovery! 🤩As you know, Uniswap v3 has recently been integrated with the Polygon network. It will be very big 😎
Also, Matic Supply in exchange is very low
It seems that Matic is going to have price moves like Solana , AVAX and LUNA
However, before new ATHs, It will probably stay on Sideway for a while and have Consolidation
Second Scenario:
Let's See
Dears, It would be good to like this Analysis and maybe Following me 🙌
Polygon Under Radar after Collab with UniswapAt this point, the price is in a rising channel, and currently hurling around an all-time high and the resistance of the rising channel. We could see a sharp rally towards $3 if it breaks out. Otherwise the correction towards $2.10 will be imminent before moving further up.
MATIC IS GOOD FOR INVEST,HELLO GUYS
THIS MY ANALYST FOR MATIC
As you can see, we are on an upward trend
Do not buy now, wait for the trend to come down
For buyers, do not sell now, the rise is still continuing
ALL THE BEST
MATIC USDT Long SetupMATIC USDT getting closer to a multi month breakout
Made a 7 Month Long Cup & Handle Pattern
Either we'll break out of this range directly from here
Or a one more dip to 1.70-1.90 area
A close above 2.70 will confirm the breakout
Target : 4.50-4.70
HOW MATIC GOES TO $85matic goes to $85 by repeating the monero 2015-2018 playbook
and
completing a 1.618 extension to a mere 850 X of the lows
MATIC - strong bullish structureAfter massive pump of 13000% and classic ABC correction MATIC is building bullish structure.
Since C wave and capitulation Polygon/MATIC is forming higher lows and higher highs.
BTC is still struggle to break upwards, while MATIC is already at ATH level.
When MATIC enter into price discovery mode, price targets are ungrateful to predict but my are fib. extension 1.618 and 2.618 for now. When we get some more price action I will evaluate them again.
You can check my last MATIC analysis with more target details or zoom out this chart to find them.
I took some profit at previous HH and buy back more of it at around 1.9$ to increase my position. If we get another dip I will ad my last Polygon allocation at level market on chart as "minor D support".
Volume is only thing I don't like here. Hope we will get more of it when MATIC reach new ATH.
Previous analysis:
MATICUSDT - Resistance Breakout!!MATICUSDT (4h Chart) Technical analysis
MATICUSDT (4h Chart) Currently trading at $2.56
Buy level :Above $2.57
Stop loss: Below $2.25
TP1: $2.70
TP2: $2.90
TP3: $3.09
TP4: $3.25
Max Leverage 2x / Spot market
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
MATICUSDT-SHORTThere is a short position in MATICUSDT Polygon
MATICUSDT Polygon
🔴Short Now or set on Key Level 2.390
🟢Target 1 2.260
❌Stop loss 2.415
#K_Level
High-risk trading - MATIC -longHi all. A new column on short-term trades with high risks. Unfortunately we can't just post our trading stats now. Since July it's against tradingview's rules. That's why we decided to post our high-risk trades all month long and see the result!
MATICUSDT LONG
Entry - $2.507
Target - $2.586
Leverage x20 (8% of my entire deposit)
P.S. all trades that we will publish here, we can confirm with screenshots.
Trade setup in Matic: Short, withHere is a pretty self explanatory Matic short setup chart with levels marked.
Even though Matic is currently in an uptrend, I spotted a bearish rising wedge pattern, which can potentially break down.
Note: As per trading best practice, it's best to take a trade after completion of the pattern (as of now, the pattern is still not valid because the wedge is still not broken), but the risk: reward is decent, and there is a nasty wick (bearish) on the 1H and 4H chart, which just convinced me to take the trade.
Disclaimer: None of this is financial advice. If you wish to take the trade, make sure you are first comfortable of losing amount if your stoploss is hit. Please manage your risk accordingly.
Happy trading. :)
How is MATIC able to Reach 3.5$ ?Hello every one
MATIC/USDT
MATIC is in an ASCENDING TRIANGLE and has broke The Said Pattern. It means the price has a Chance To of Ascending as much as The measured price movement (AB=CD). The Expected Target & Resistance is around 3.5$. MATIC is Claiming ATH after ATH right now So It is a Bit Risky To Invest a lot of money In it Because The Market Will Get Emotional in Situations Like This ! Since The Chart Is in Weekly Time Frame, We can Expect The Bullish Prediction to take a while Before Completion!
Summery:
-MATIC is in an Ascending Triangle.
-(AB=CD)
-Target & Resistance 3.5$
-It's at It's ATH. Be Cautious
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Polygon at resistance levelCOINBASE:MATICUSD price has reached the previous high. I would like to see it break above this level, $2.80 is what I'm looking for.
Follow for more chart analysis.
$15 - Matic in this bullrunMatic is retesting its previous All time High. Once it breaks it, it is going to go to $15 this Bullrun. Hold on to this ride, this is going to blast soon.
MATIC: Another BUY SIGNAL Hey guys, this is Julie ^^
Let's talk about MATIC today:
In my last analysis, I told you that it was a good place to buy MATIC, and now, it looks like it is finally confirming.
The green line resistance level has been lost, it looks like it will close above it today. For me, this is the last confirmation I needed to buy MATIC.
It's near the 21 EMA, near the support level (orange line), near the 61.8% Fibonacci Retracement, and we still have this amazing divergence on the OBV.
OBV: As you can see, the green line was a top before, and we are at the same price level today, but the OBV is MUCH higher than it was back then. When we have a divergence from the price trend, this indicates that a reversal may occur, and this is an incredible buy signal.
I really believe this is the best place to buy MATIC, if you have not bought before.
Thanks for reading! Don't forget to support me with your like and subscription =D
Bye bye!
MATICUSDT ANALYSIS, DONT MISS TO TRADE IN A CHANNELMatic has been trading and moving in a channel, if it gives enough respect to the upper trendline here and make a HH here, then we can avail the opportunity to short here from the top.
Best of luck ;)
Matic short setup target is $0.7this scenario depend on btc movement and it will be void if btc become bullish.
target 1: $1.7
target 2: $1.4
Target 3 : $1.2
target 4: $0.7
MATIC♾️ reloadedLast Polygon triangle breakout trade ended with profit... 👇
Now I have a new setup for you! MATIC ♾️ seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.95 and even higher.
ENTRY : local high @ 2.161
SL : local low @ 2.056
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.95
RRR : 7.5
INVALIDATION : when SL level hit
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.
Polygon Price AnalysisIn isolation, Polygon’s prospects look constructive. However, my concerns are regarding the market as a whole. Bitcoin’s price action is sluggish and is likely to remain that way for the foreseeable future. Furthermore, due to the FOMC’s hawkish taper timeline, broader macro conditions are breaking down.
Subsequently, the tailwind for crypto prices is dropping off. Furthermore, trading conditions are likely volatile and illiquid over the festive period. Therefore, Polygon could experience wild swings in price over the next two weeks. That’s why, in my opinion, closing or reducing profitable trades into year-end is often a sage move.
If the market turns lower, a logical destination for the MATIC price is the 200-DAY Moving Average at $1.443, around 40% below the current price. Looking at BTC and Ethereum today, the chances of Polygon testing $1.443 in the next week or so is high. Furthermore, a broader market risk-off could extend MATIC towards $1.000
Of course, cryptos often defy logic, and on that basis, Polygon could continue higher even if the market turns. Subsequently, a close above $2.500 invalidates my bearish view.
Hello, community, please if you like my ideas do not forget to support them with your likes and comment, and you can also get in touch for daily signals and alerts.
Rising wedge forming on Matic ? We have little data available, despite this the weekly chart offers us a rising wedge with a negative breakout around January / February .
Major support around 0.61 Fibonacci from the first run at $ 1.13
Moment around which according to my latest analysis on BTC it too should touch its major support before continuing with a large positive rebound .
MATIC testing a support trendlineProceed with caution. MATIC seems to have closed below the lower support trendline on the hourly scale. Watch out for a re-test of this support, but we could be on our way to $1.75 - $1.85.
Reasonable for MATIC to reach $3.00 within the next yearStrong healthy uptrend from the start, no parabolic movement since May 14.
MATIC is finding support around $2.00, we may not have many more opportunities for an entry price below that level of support before the next upward movement.
The chart indicates that short-term downward movement may be likely to continue, providing investors a more ideal entry point before new ATH is possible.
The price action of 10x is unlikely because it would require MATIC to have a market cap ratio to bitcoin of 20% at BTC present-day value.
This token has plenty of room to increase in value and a low chance of fading out in the near future. It will be reasonable for MATIC to reach $3.00 within the next year.
