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Maticusd

MATICUSD H16: DISTRIBUTION / 40% correction(SL/TP)(NEW)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! MATICUSD H16: DISTRIBUTION / 40% correction(SL/TP)(NEW) 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.
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by ProjectSyndicate
10
MATIC - Redistribution in play? Granted, the chart looks bare bone but let's get straight to the point. These huge long wicks to the upside signal massive selling in those areas. Perhaps MATIC needs to come down before it starts trending up again. Compare to May 10 and May 24 and the result was -60$ from it's closing price on the bi-weekly candle on May 24 / June 7. Let's not get TOO excited about a possible Christmas rally as we may have a similar result compared to the summer drop. just my thoughts on this one. Not financial advice.
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by GhostCrypto
MATIC: Now is the Time to BUY!Hey guys, this is Julie =D Let's talk about MATIC today: Have you seen this big divergence in the OBV? It is even higher when MATIC was at its highest price! To me, this is the best sign that MATIC IS GOING TO FLY! We also have this amazing bullish candle today, closing above what seems to be a resistance level (orange line). Now it has just reached another resistance, in the green line area. It is not a surprise that MATIC goes up, as we can see, it is in a Bull Trend. The price has been falling since December 9, but it was only a pullback to the 21 EMA to give us a good buying opportunity. I see no reason not to buy MATIC today, I really believe it will go up, that's what the chart indicates. And that's it for today. Thanks for reading my analysis! Please, support me with your like and subscription =D Have a nice day!
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by Juliehodler
4
Polygon - a short term analysis (important)There are 2 scenarios If Bitcoin continues to fall, Matic is likely to miss this short uptrend and could drop as low as $1.7 But Polygon has enough power to keep climbing and even touching ATH at $2.7 (even with a slow BTC drop) However if the yellow trend line breaks, You can sell a small amount of your Matic for around $2.02 and wait for lower prices to re-enter Remember that MATIC Supply on exchange is less than 0.2% and is still decreasing .. Dear Friends, It would be nice to show your support by liking and maybe posting your comment Good time
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by CryptoSideway
2
MATIC - Purple War Zone!MATIC is overall bullish trading inside our blue channel and now approaching the lower blue trendline acting as non-horizontal support, we will be looking for Trend-Following Buy setups. Moreover, the area 1.6-1.7 is a "Resistance turned into Support". So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline. As per my trading style: I will be waiting for MATIC to approach the highlighted purple circle area to look for buy setups (like a double bottom, trendline break, and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
MLong
by TheSignalyst
15
MATICUSDT - WAIT THE DIPEmissary over here. Hello again everyone. Today we take a look at Matic Network. Price was rejected days ago by the offer zone (red box). I think we'll see Matic reach i'ts all time high once again, but fisrt a retest to the 1.699 inside the channel may be necesary. If you already have MATIC and it blasts off to the moon in the short term that's all right- But I wouldn't go in at this price. I'll rather wait and see if we can catch it cheaper. As always, thank you for reading the message once again. If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps. Also I'd like to hear your opinion in the comments. Remember this is no financial advise, DYOR and trade at your own pace and risk. See ya'll
MLong
by MessengerFromTheUnderworld
MATIC/USDT : No more fun for bulls...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 ! Recently #MATIC has rallied above $2.5, Now it just formed a bearish order-block at the local high on 12H's time-frame and rejected below the EMA50. Here we have the EMA50 as resistance and I expecting more downward movement till MSB for filling some bids at there, After that; We might see more bullish momentum because of the approaching EMA200 ! However I expect the continuation of downward movement to the S/R line and more till order-block. But any pullback from MSB and retest on H12 (Supply) will gave us this opportunity to SHORT the movement till the Equal Lows... - How I would play this now ? I'll be waiting for MSB and then set limits to short on formed H12 Supply into the equal lows below. In any other case we have to wait for #MATIC to form the bottom and take LONG to the Supply above ! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
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by Helical_Trades
42
so you wanna buy matic?alot of ppl are hyping up matic rn, ppl are trying to compare matic to eth 2017. i saw the same thing happn for xrp bfor we had its massive drop recently i also saw the same thing happn when btc reached 69k when ppl where hyping 100 thousand i hvnt checked the fear n greed index for matic but i can assume were extreme greed atm unless we throw momentum out of the window then we wont see that massive run up everyone's looking at were stiil in a time where up or down isnt very clear for btc so dca matic is your best option here's your entry's fib retracement and channel fibs .75 .5 .25 n all of the golden pockets or support above channel breakout
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by DrFabian
MATIC's way to 4$Hello every one MATIC/USDT MATIC has Formed a Pretty big Rounded Bottom! This Means The Price can Increase as Much as the Measured Price Movement Which is as much as The Length between The Top & Bottom of This Pattern! a break out Is needed For Confirmation But This Break out has not accrued yet So It is Not Safe To Trade it Right Now! If our Prediction Comes True, We can Expect To see MATIC at 4$ In Mid Term! Summery: -MATIC is in a Big Rounded Bottom! -No Break out yet -MATIC can Reach 4$ in Mid Term! If you need Signals with Great Profits for MATIC or any other Crypto Currencies,We Have a Great VIP channel Which you can Enjoy Easy Profits! just Send a Word to Us on Telegram! 🔴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
MLong
by CobraVanguard
3