MATIC ABOUT TO PUMP 200% FROM HEREMATIC is currently breaking out of a 3-year descending triangle pattern reversal, which is bullish sign of continued upward movement.
2,80 could be the target for long term which is just under the ATH.
MATICUSDC
Long Matic to $1+For my final long (sorry tradingview followers as I have only had the time to post a few of my trades here but you know where to find the rest), I chose Matic. Nice little cup and handle. Above VRVP POC and above all SMAs. Entry was .86. Final target is 1.03 with profit taking at .94 along the way. SL is .80 with a rrr of 3.5 to 1.
Buy on MATIC, Triangle strategy Buying on a pullback to a flag that has broken the triangle can be a good opportunity to buy
R/R=1.6
Matic - Trade ExitTraders,
As explained in the video I just released, this recent crypto price action up all simple appeared to be a bull trap. I was growing more and more bearish as I did my video and indeed, by the time the video was ended, I felt it was time to capture my meager profits in MATIC for another very small win and get out! As it was the drop happened so fast, I was barely able to do that.
I will NOT be looking to enter back into any trades until BTC does as I have been expecting it to do (retest that neckline at 25.3k - see vid for more), or until we start to capture some new pivot highs. Until then, alts will probably just follow the big dawg (BTC) down.
Best,
Stew
Trade Alert - Long MaticTraders,
You guys know I have been dreaming of a touch on our MATIC May 2021 ascending trendline for months now. Today we got that. And though I missed the .98 cents touch for a buy in, I did get in at a dollar. My target will be at least that $1.53 cents level. Stop out is hard. But I wouldn't want to see anything much lower than that .87 cent level I have marked.
Best to you all,
Stew
Could MATIC Repeat History and Hit $100?Looking at the tea leaves, it appears the price action is repeating the same pattern it did prior to the previous bull run. If we repeat the next bull run with the same growth, MATIC is poised to hit $100. Could history repeat itself? We'll see!
MATIC♾️ breakoutWassup guys! Polygon broke up this triangle📐 and I think there is chance for run to 1.1340 and even higher, but we could see some correction first. I traded the initial breakout but one can set BUY LIMIT order to previous range high to catch🎣 the potential pullback. As always ... don't chase the market, let the market come to you.
ENTRY : local high @ 1.0185
STOPLOSS (SL) : local low @ 0.9760
TARGET (TP) : height of the triangle projected from midpoint of the local range (BUY LIMIT - STOPLOSS) @ 1.1340
REWARD RISK RATIO (RRR) : 2.65
INVALIDATION : when SL level hit
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MATIC targetPolygon Inverted Head and Shoulders undwinding. After long floating around the neckline, price finally shot up.🚀 I think there is chance for run to 1.095 and this is where I will close part of my longs.
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Matic/usdt Hello everybody
My new trade
Long matic , look to rsi
First target- 0.888
Second one - 0.95 (small % )
Thanks and have a good day
POLYGON MATIC expected move elliot wave analysis maticbtcPOLYGON MATIC expected move Elliot wave analysis maticbtc maticusdt maticusdc
Maticusdt1 forming an inverted head and shoulder
2 breaking the downtrend line
Buy 1.61-1.681
Sell at
2
MATIC♾️ bounceMATIC♾️
Hope you get the point! Smash teh lick button if you do! 👅
*Hint: Follow the violet path...🔮
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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
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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
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MATIC triangle breakoutIt's been weeks since my last Polygon trade 👇
Now price seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.275 and even higher. MATIC , come on!♾️
ENTRY : local high @ 1.867
SL : local low @ 1.743
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.275
RRR : 3.3
INVALIDATION : when SL level hit
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AutoMATIC buyPOLYGON is now a buy with great RRR. Expecting the uptrendline to hold, then break of the downtrendline and then also break of the horizontal resistance. All as shown by the projection.
TP : 1.6, 1.7, 1.8
SL : 1.3 or 1.18 (depends on risk tolerance)
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.