Expanding on MATIC Big triangle has formed
Included a optimal buying zone in green, that includes the present time.
This could moon anywhere so i withdrew from placing a bars pattern.
Volume is currently 161 million
MATIC is also now available on the KYBER network
Maticusdtlong
Matic Network Tetherus USDTIn fact, everything that is drawn in vain depends on Btc. The basis of this work is btc. I don't know anyone else. etc etc we can say. Is it true? partially correct. Bitcoin is very powerful and is the engine of this business. But it should not be forgotten that many coins create their own projects and networks. One of them is Matic Network. The fact that btc ate shorts yesterday and matic did not return to the falling wedge from which he formed last and got rid of it also showed how strong the hodlers are. Of course there are traders who get caught up in the fomo and come out instantly and work with bots. But I think it should not be overlooked yesterday's stance and then its immediate recovery.
As a result, the fate of altcoins is still in the hands of bitcoin. Bitcoin's taking a break and resting here will mean life water for altcoins. I think it can go up first as much as the height of the wedge, then as much as the depth of the bowl. or vice versa, first the bowl and then the retraction of the wedge to its height.
values have never dropped below sma 200 since the beginning of August. If you worry about the irregular movements of the last btc, I think you have a way to 0.040s. The closest point looks like 0.032.
Friends, this is an amateur work. It is definitely not investment advice. I wish everyone a lot of profit.
MATIC / USD Free MoneyIf the daily closes above the blue horizontal it will probabaly go quickly to the upper resistance.
My DM's are always open.
MATIC USDT Long when horizontal resis broken. If the blue horizontal resistance is broken (higher high) I would long it to the All time high
MATICUSDT completing bullish Crab for up to 33% movePotential reversal zone: $0.0176 to $0.0161
Fibonacci projection or sell zone: $0.0187 to $0.0215
Regards,
Atif Akbar (moon333)
MATICUSDT formed bullish Gartley | Upto 40% bullish expectedPriceline of Matic Network / US Dollar cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.01459 to 0.01313
Sell between: 0.01574 to 0.01851
Regards,
Atif Akbar (moon333)
MATICUSD - Swing long [Hodl & Earn Campaign]Experienced a 60% drop but already bounced and cover 1/3 of losses, doesn't look bad on weekly and targeting resistance at $0.018 level.
Another potentially bullish sign is a "Hodl & Earn Campaign" from April 17 to May 8, where you can earn an annual yield of 35% just to deposit your coins on into your Poloniex account. I.e some part of the coin supply will be taken out of circulation for a whole month!
So, I'm swing long here, targeting red resistance box. R:R is 2.8:1 looks pretty decent for me.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
MATIC breakout, next targetsAs said in previous analisys - matic went sideways fighting 55 EMA(yellow dashed) and held 21 EMA (blue dashed).
Price squeezed, result is breakout.
Just added some more matic at 174 sats couple of days ago.
My next targets are yellow lines, best guess at 0.035$.
Whole movement could last untill beggining of may.
Good luck!
MATIC sidewaysIf price can hold between 21(blue) and 55(yellow) EMA unil the end of march then expect possible movement up in april
RSI broke up 40 level, its a good sign.
Stoch RSI at high levels, its a good sign
If price in april will break major resistance at 0.029$ and stay above it for a while - it means more upside movement wil come by apprx. mid summer
Im not selling any matic because i bought matic at good levels and this price is still comfortable for me.
MATIC/USD LONG AFTER SELL OFFBUY ENTRY
ENTRY 1 .01380
ENTRY 2 .01200
SL .005
TP.1 .01500
tp.2 .0200
tp.3 .0300
tp.4 .0400
MATICUSDT forming bullish Gartley | A good buying opportunityPriceline of Matic Network / US Dollar is forming a bullish Gartley pattern and soon it will be entered in potential reversal zone insha Allah.
Do use the potential reversal zone as stop loss in case a candle stick closes below this PRZ area.
I have defined targets using Fibonacci sequence as below:
Buy between: 0.2691 to 0.2629
Sell between: 0.2740 to 0.2857
Regards,
Atif Akbar (moon333)
MATICUSDT BullishMATIC is ending Falling wedge and it means break out in few hours/days. In chart you can see 2 variants and 2 buy zones ;) Take profit zones are double top and another big resistance. All price values you can see in chart ;)