MATIC , repeating the cycle ?well , I gotta say "idk" as an answer to the question in the title .
BUT ,
we'll see.
guys , as you see in the last pattern , MATIC started to rise when the golden cross was made. and guess what? right now , the golden cross has been made too. time to rise ?
the next thing , look at the RSI patterns , it is exactly like the channel we had before. also I marked those areas with blue in the chart too , to show y'all the similarities .
dudes , wait for the breakout , let the price break the blue rectangle and go upper than that . you can BUY there .
the first target is the ATH (the red line) , after breaking that , it'll be our 161.80% of Fibonacci which is around 6-7 $ .
after the rectangle breakout , we will probably witness a pump to ATH and then to Fib levels.
I have another MATIC analysis which I did it days ago , but that literally
sucked.
since I wasn't in a good mood that time , but anyway , I made this instead, the better and completed one .
and like always guys ,
don't forget to hit the like
and follow if you want.
Maticusdtlong
#MATICUSDT Trade Setup. 38% Scalping Opportunity!Welcome to this quick setup, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
MATIC broke out of the pattern recently.
It's retesting right now.
Also Broke above 21D MA which is bullish.
So this could be a reasonable trade.
But do your own research before trading, ALWAYS!
ENTRY: $1.18 to $1.315
Targets:
$1.47
$1.68
$1.73
Stop Loss:- $1.139
Recommended leverage: 2x to 5x
Spot if you want to be extra careful!
What's your thought on this?
If you want me to post more of these setups,
do hit the like button and share your views, coin requests etc in the comment section.
Thank you
#PEACE
MATIC , repeating the last pattern ? so as you see in the RSI , we have a channel , so depends what will happen there . if it break out from the top of the channel , rise is expected ... the first target will be the ATH , and then 161.80% of fib .
we also have a golden cross , that can be a positive signal too.
NeutralHello friends, are you ready to breakout? If you take less risk, log in when completed.
But we have already seen a reverse pattern of head and shoulders, which is another reason for the price to rise
Polygon (MATIC) technical analysisMATIC SELL OFF POSITIONS
Polygon (MATIC) technical analysis:
Trade setup: Broke below 1.50 resistance and stabilizing around 1.25 support area (also 50-day MA). Need it to break back above 1.50 resistance. Forecast: 2.00. (set a price alert).
Trend: Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is below MACD Signal Line ( Bearish ) but RSI ~ 50 (Neutral).
OBV ( On Balance Volume ): is declining, indicating that volume on Up days is lower than volume on Down days. Hence, demand (buyers) is below supply (sellers).
Support and Resistance: Nearest Support Zone is 1.25, then 1.00. The nearest Resistance Zone is 1.50, then 2.00 and 2.50.
-For more chart analysis on the crypto market follow, and if you agree with this, like and share.
Cheers.
MATICUSDTPERPETUAL (LOW TIMEFRAME)This analyze for scalp strategy. Use low timeframe.
In 5m, we will se a bullish divergence.
The price already hit the liquidity level, then pullback. It would be a nice accumulation scheme.
Set your TP in realistic TP area
maticusdt 0.700 $hi frend maticusdt
Friends, please follow me for other analysis
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sterategy1 :
In case of failure, we expect support from 1.28 to 1.111, and even this price is .700 $
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sterategy 2: strong
If the 1.528 resistance breaks, the price of 1.730 is not far from expectation
and Eventually we will see the price of $ 2 in the worst case scenario
And according to the trends, we are expected to reach this price in the near future
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To live a creative life, we must lose our fear of being wrong .
MATIC LONGHere is a better entry with a lot of tp
entry - 1.37 - 1.39
tp - 1.67
tp 2 - 1.88
tp 3 - 2.03
long term - 2.5
sl 1 - 1.26
sl 2 - 1.03
MATIC LONGEntry - on or below 1.5- 1.52
sl - 1.25
tp 1 - 1.67
tp 2 - 1.88
tp 3 - 2$
i expect btc to start growing back up now, the fall was only because of high RSI...
MATIC close to the whalesGood buy zone of matic is 1.58 because trandline is break that's why this zone is very good for buy and sell at towards resistance of 1.74...1.74 is our fist target after this zone we are going to moon... Because this is very critical resistance....if breaks 1.74 then big long is coming... NOTE DYOR...
matic/usdt Matic/usdt
1day chart in cup and handle
And 1hour chart long trade matic/usdt bullice
Long - 1.66,1.68
Target-1.73,1.80,1.89,2.03,
Stoploss- 1.60
This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade...
Happy trading...
Thank you
MATIC soon to hit 2$,Head and ShouldersHello everyone, as we all know the market action discounts everything :)
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Matic (Polygon) Has been building momentum while other coins were gaining a lot, but yesterday when the other coins started a negative move, Matic started his strong Bullish movement and rose over 24% in 1 day.
The market seems to be trending in an ascending with the market getting higher highs and higher lows. And the Head and Shoulders pattern is confirming right now but we are waiting to see if it's a fake breakout.
Different Market movement Scenarios :
Scenario 1 :
Matic is getting closer to the first resistance line at 1.83866, If the market was able to breakout that line then it will have enough power to break the second line at 1.93733 and from there it will be headed near the major resistance zone at 2.13366 where the big battle will happen between the Bears and Bulls and the outcome will determine the movement of the market for the next period of time.
Scenario 2 :
If the Bears were to take control over the market right now then we will see the market drop down all the way to the first support line at 1.54366 where the Bears power will be tested by the Bulls and the Bulls will try to take control over the market in hope if pushing the market back up. But if they fail then the Bears will be dropping the price near the lower end of the Ascending Channel at 1.34733.
Technical indicators show:
The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish sign)
The MACD is above the 0 line showing that the market is in a Bullish state, With a positive crossover between the MACD line and the Singla line.
The ADX is at 21.52 showing that the market is trending, With a positive crossover between DI+(26.13) and DI-(11.11)
Support & Resistance points :
Support/Resistance
1) 1.54366 1) 1.83866
2) 1.34733 2) 1.93733
3) 1.24866 3) 2.13366
Fundamental point of view :
Polygon's MATIC token is building momentum and could enter a 62% bull rally.
Polygon is showing an impressive optimistic outlook. The scaling solution’s MATIC token appears to have developed a head-and-shoulders pattern on its daily chart since early June. The token is currently forming the right shoulder of the bullish formation. A spike in buying pressure that pushes MATIC above the head-and-shoulders’ neckline could lead to a significant run-up. Slicing through the $1.63 resistance level could mark the beginning of a new uptrend towards $2.64.
Although Polygon is yet to overcome the overhead resistance, behavior analytics platform Santiment reveals that large investors are preparing for prices to advance further.
The holders distribution chart shows that buy orders have been increasing over the last two weeks. Many addresses holding millions of dollars in MATIC, colloquially known as “whales,” have drastically increased their positions. According to Crypto Briefing
This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
Matic, The explosion is coming 🤑🤩Hello friends
MATIC has made inverse H&S on daily chart with target of 2.75$. If dear BTC let we make some money, MATIC will make us all rich 😂
Good luck
MATIC-About to break out of macro 0.5 FIBMATIC has been making inverse Head and Shoulder pattern on daily timeframe and on the Right Shoulder, we observed falling wedge which flipped the local 0.5 Fib resistance as shown in the image below along with the local support and resistance levels:
If we manage to flip the daily resistance, We can observe huge movement in MATIC.
Update on the MATIC tradeMatic broke the bearish line... so we can be expecting 1.67 soon for our tp.
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Comment on the crypto pair you want
MATICUSDT - Waiting for confirmationHi buddy.. the chart looks like a triangle formation. I'll make an entry if the condition meet. after a retest. Wish you luck.
Trade wisely.
All TP and SL is on the chart
MATIC/USDT. big move imminentKinda slow movement for MATIC. But i think MATIC/USDT will follow the other big marketcap coin like SOL and ADA.
from my perspective . It printing a inverse head and shoulder (our position is now at right shoulder).
well, IMO better long this MATIC when it break the inverse head n shoulder pattern (around $1.6) , target will follow the arrow.
or if you are a spot trader. you can accumulate it from now.
Considering the btc.d (bitcoin dominance) now is falling at 42.31% (the time i write this post)
i may call it this is alt season time. so its a good time to keep an eye to this one.
waddya think?
*not financial advice
Which scenario does matic accept? Two scenarios for this currency are likely, which according to the Como cloud, the green scenario will probably happen.
what do you think? please send comment for me
MATIC TARGET ACHIEVED Earlier today posted about the target of matic which hits perfectly. Cashout don’t be greedy.
maticusdtI took a scalp position on matic coin. There is a nice flag formation. I won't be alarmed if it does throwback. I never enter a trade without a stop. I always keep an eye on btc.. Good luck.. Please respect the effort and support my page