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Maticusdtlong

Hitting a bottom on MATIC?...I don't really trade Crypto's however this one stood out to me as a potential opportunity on the weekly time scale. MATIC has been trending down since late 2021 but it has always shown a bounce around the $0.30 zone, ultimately creating a very large descending triangle coupled with a MACD that has been diverging up. Could we see a rally ahead towards $1.00+? well that remains to be seen but I liked the setup and took the opportunity. Should be interesting in how this develops and thus, I'll be keeping an eye on this one. I'm also checking out DOGE and XRP. As always, Good Luck & Trade Safe.
COINBASE:MATICUSD
by InternalTraderNYC
#MATIC/USDT#MATIC The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern We have a bounce from a major support area in the color EUR at 0.5340 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it Entry price is 0.5500 The first target is 0.5980 The second target is 0.6307 The third goal is 0.6720
MLong
by CryptoAnalystSignal
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
#MATIC/USDT#MATIC The price is moving in a head and shoulders pattern on the 4-hour frame and sticking to it well We are now at the end of the formation of the right shoulder, and a rebound to the upside is expected We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise Entry price is 0.7300 The first goal is 0.800 The second goal is 0.860 The third goal is 0.9270
MLong
by CryptoAnalystSignal
1
Matic/Usdt Plan MATIC/USDT appears to be gearing up for a breakout on the 4-hour time frame. In the event of a successful breakout, we could potentially see a bullish rally of 30-40% in the short term. I anticipate this breakout to occur soon, but it is important to wait for confirmation before taking any trading actions. Please note that this is not financial advice, and it is always recommended to conduct your own research (DYOR) before making any investment decisions.
MLong
by Crypto-By-Ghazi
1