Get started

Maticusdtidea

#Matic 1W chart;CRYPTOCAP:MATIC 1W chart; On the weekly chart, we can see that the balance of February 2023 and March 2024 levels on the RSI side is not reflected in the price (red circles). It is now at a serious support level and it also seems to have started a bullish pattern from these levels. As long as it sticks to the stop level, it will not be a surprise to see sharp upward rises after the squeeze between it and the downtrend line it will enter. The ratio between the pattern target level is 200 However, we can consider OB-FVG regions as a profit-taking level beforehand.
MLong
by ugurtash
MATICUSDT: Next move can be upwards and towards! BINANCE:MATICUSDT price failed to fill the liquidity void area where luckily we have strong buying zone too. Price is likely to bounce back from this zone strongly and it is likely to continue the strong momentum. Like all crypto pairs we still expect price to bring more strong buying volume. Good Luck and Trade Safe. Like our work? Then please like and comment our ideas which will encourage us to bring you more content. Thanks a lot. Team SetupsFX_
MLong
by Setupsfx_
26
MATICUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: Market and lower Targets: 0.9 - 1.2 - 1.4 after first target reached move ur stop to breakeven Stop: ~0.52 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 4 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
MLong
by trytofeelpositive
10
MATICUSDT.1DBased on the provided data, MATIC is currently trading at $1.0405 with a relatively high 4-hour RSI of 83.53, which suggests the currency is currently in overbought territory and could experience a slight pullback. Its MACD on the 4-hour chart is 0.0545, which is a bullish signal. The Bollinger Bands on the 4-hour chart is at 1.0403, which is very close to the current price, suggesting the price is consolidating. The 1-day RSI is slightly lower at 76.22, still indicating overbought conditions. The 1-day MACD is 0.033, which is also bullish. The Bollinger Bands on the 1-day chart is at 1.026, which is slightly below the current price, suggesting a potential upward movement. The 7-day RSI is at a more neutral 67.04, indicating that the currency is not in overbought or oversold territory on a weekly basis. The 7-day MACD is 0.033, which is also a bullish signal. The Bollinger Bands on the 7-day chart is at 1.053, which is slightly higher than the current price, suggesting a potential upward movement. In terms of support and resistance levels, the closest support level on the 4-hour chart is at $0.93, while the closest resistance level is at $1.059. On the 1-day chart, the closest support level is at $0.86, while the closest resistance level is at $1.093. On the 7-day chart, the closest support level is at $0.69, while the closest resistance level is at $1.32. In conclusion, the technical analysis suggests that MATIC is currently in a bullish phase, but it may experience a slight pullback due to its high RSI. However, its MACD and Bollinger Bands suggest that the overall trend is still upward. As always, it's important to consider other factors such as news and market sentiment before making any investment decisions.
M
by MarsSignals