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
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Maticusdtbuy
#MATIC is close to buying area Hello , #SorooshSchool guys
#MATIC in it's #USDT pair as you can see is in uptrend and try to retest the supporting level (Bottom of channel )
you should be patient and add it to your watchlist this week and looking for buy in the green area (between 1.7 - 1.6)
If #MATIC loose the support area in 1.6 , next support could be 1.44 and 1.2
Targets are next resistance levels and top of the channel : 2 - 2.15 - 2.3 - 2.5 - 3.4 . 4.3
💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.539).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 1.690
TP2= @ 1.724
TP3= @ 1.827
TP4= @ 1.925
TP5= @ 2.061
SL= Break below S2
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💡Don't miss the great buy opportunity in MATICUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.675).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 1.823
TP2= @ 1.951
TP3= @ 2.066
TP4= @ 2.218
TP5= @ 2.396
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
#MATICUSDT good entry ?In #MATICUSDT chart we can see nice retracement and after retesting static support in the area of 1.7, this support area can be a good entry point.
Targets in order 1.8 - 1.94 - 2 - 2.2 - 3
MATIC CwP Pattern | Bullish Breakout | 148% Move ExpectedMATIC CwP Pattern | Bullish Breakout | 148% Move Expected
NOTE: Do your own analysis. Do proper risk and money management. spot trading only.
Matic was in diagonal resistance on May 19, 2021, and had a breakout on July 21, 2021. After a bullish breakout, MATIC created a very strong reversal pattern(Cup & Handle). I am expecting a 148% move ahead. Be careful if you are in this trade.
Buying Zone: 1.55138
TP1: 1.72561
TP2: 2.03258
TP3: 2.43912
TP4: 2.70461
Expected New ATH: 3.87341
SL: 1.25270
Trade Risk: 19.25%
Net ROI: 135% - 148%
Use only 15% risk of your account not more than that.
Happy Trading!
MATIC IN ACCUMULATION ZONEMATIC is moving towards the $1.22-$1.10 Accumulation area. Any price below this would be a steal. It is one of those tokens that didn't run back to ATH after the July dump. Once BTC dominance starts trending downwards, MATIC will be one of the token that would have huge moves. Long term targets are ATH or higher.
DYOR, Manager Your Risk. Technical Analysis is not a financial advise.
MATICUSDT | V-Shap Recover | Falling Wedge BreakoutMATICUSDT | V-Shap Recover | Falling Wedge Breakout
MATIC After V-Shap Recover went into a long correction phase and created a Bullish Reversal Pattern (Falling Wedge). MATIC has potentially broken the wedge and then retested the broken zone.
It seems that MATIC has completed the correction phase and ready for a bull rally.
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
Buying Above: 1.55766
TP1: 1.90588
TP2: 2.32419
TP3: 2.69442
SL: 1.16667
