MATIC Idea & SignalBINANCE:MATICUSDT
Hi traders!
The good time to enter the trade, when price have been broke resistance line and within the upward channel and slightly above the closed candles of the past 2 hours.
One crucial thing to do in trading:
Pay attention and be patient.
And one important thing not to do: be greedy and lack stop loss and take profit orders.
Good luck!
⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices.
✅ Feel free to reach me out with any questions or recommendations. I am more than willing to assess and analyze any currency pair or index that piques your interest.
Maticusdtlong
#MATICUSDT: two new targets!!dear traders
we are expecting bullish trend to continue from current price zone, let's wait and watch how price react from here on/
Comment down your views!!
MATICUSDTPossible setup for BINANCE:MATICUSDT
"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
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MATIC - KeyLevels for next weekIf you wanna take a trade on MATIC, maybe before that, you need to conisder this KeyLevels of support and resistance areas.
Careful with longs until on daily is still bearish / downtrend
Matic shortPolygon 2.0 architecture revealed, introduces unified liquidity & unlimited scalability
Formerly Matic Network, Polygon has seen attention lately, considering Securities and Exchange Commission clampdowns and platform delisting. Alongside other top alts, the SEC named MATIC as security in ongoing crypto regulation wave.
MATICUSDT any dip to weekly support is for longAnalysis: HTF
The price broke down from the previous weekly support and came back down to next weekly support which is marked as WS1 on the chart. That support did not hold but weekly support WS2 held the price and provided the expected bounce. Next weekly support level is WS2 but I doubt we will visit there. Any further dip to the weekly support WS1 is for buying. As far as current price action is concerned, it is currently facing daily resistance. If this resistance is broken, the next level is the next daily resistance DR2 around 0.77.
MATIC STRONG BEARISH Falling KnifeTrend stron bearish
RSI Momentum below 50 strong bearish
Nearish Volume rising
Support will break soon
Matic will fall deeper
ADA, MATIC, SOL face the music as Robinhood delists tokens
Hours after Robinhood delisted ADA, MATIC, and SOL, the price action of the tokens was not what participants would have hoped for.
The decision to end support for the tokens caused a $387 million wipeout from the crypto market.
Several indicators revealed that ADA, SOL, and MATIC’s momentum were bearish.
The prices of Cardano , Polygon , and Solana tumbled in double-digit figures after Robinhood confirmed that it was delisting the tokens from its platform.
While the U.S. trading platform did not give cogent reasons for its decision, speculation went around that it was linked to the recent SEC “unregistered securities” tag.
Unlike recently targeted exchanges like Binance and Coinbase, Robinhood is duly regulated by the SEC. Hence, it could have been necessary to take such action.
Regulatory fear leads traders to liquidation
In its statement, Robinhood noted that no other coins were affected. But holders of the ADA, SOL, and MATIC had until 27 June to stop transacting the tokens.
As the sudden move sent shockwaves through the crypto market, the implication of the decision revealed itself.
According to CoinMarketCap, SOL’s value decreased by 22.47% in the last 24 hours. ADA could not escape the heat, registering a 23.06% decrease. As for MATIC, it was down by 26.12% within the same period.
Because of the significant decline in the prices of these tokens, liquidations in the past 24 hours surged to $387 million, with longs suffering the most.
Based on the liquidation heatmap from Coinglass above, SOL accounted for $15.15 million out of the total wipeout. MATIC’S liquidation went up to $8.54 million, while ADA was $15.87 million.
Red season for the cohort
Meanwhile, an evaluation of the ADA/USD daily chart showed that the token’s momentum had breached the oversold region, as indicated by the Relative Strength Index (RSI).
At 17.21, the RSI showed that selling pressure was tremendous. Thus, the momentum was bearish, and slight buying power might do almost nothing to save the price action from the press time state.
The daily timeframe of MATIC was not any better. This was because the Awesome Oscillator (AO) was down to -0.1139. Thus, AO crossing into the negative territory indicated a bearish signal.
MATICUSDT at weekly support and likely to head up to 0.92-0.94The doubt which I had finally played out. I was not very comfortable with the long trade from the daily support since the price had not tapped into the weekly support. But now it has and offers a good opportunity for long. The price might dip below the support briefly but that does not scare us from taking a long position here. The first target shall be the weekly resistance zone sitting around 0.92-0.94.
MATIC to retest $0.95? MATIC faced price rejection at $0.95, setting it to retrace near the range low.
In the second half of May, the price reacted to the $0.86 - $0.88 zone (cyan). This level could offer a long opportunity, targeting $0.95.
Entry: $0.882
Exit: $0.950
SL: $0.863
RR: 3.7
MaticI've made the decision to buy some MATIC with a target of 1.25 and a stop at 0.8. I've split the order into three parts: the first at the current prices, the second at 0.86, and the third at 0.83.
The information provided here is for informational purposes only and should not be considered as financial or investment advice.
MATICUSDT at daily support and likely to head upThe price is currently as daily support and bouncing from there. I expect it to go towards daily resistance marked on the chart. The only concern I have is the price did not tap into weekly support. It not necessary to do that and on many occasions it can just shy away, but I would have felt more comfortable with the current price action upward in case it has tapped the weekly support zone before. But the chart says its at daily support and shall go up.
MATICUSDT are you rdy ?😉🧨I have good news for shorts holders and bad news for matic holders
Bad news because this currency is falling, its price is set in dollars, and good news for short sellers because I marked the entry and specified my target.
The first target will be $0.5413, and the second target will be $0.3410. Enjoy, smart guys.
It's time to take a closer look at the MATIC cryptocurrencyHello everyone! It's time to take a closer look at the MATIC cryptocurrency.
Take a look at the chart, an excellent price reaction is visible when touching the trend line. Growth => correction => bounce off the trend line, and this has already been repeated three times.
I expect the asset price to recover to the 0.618 level according to Fibonacci.
This is not a financial recommendation, everything you do, you do at your own risk.
Polygon (MATIC) formed bullish Gartley for upto 91% rallyHi dear friends hope you are well and welcome to the new trade setup of Polygon (MATIC) with US Dollar pair.
Previously I shared a long-term trade setup for MATIC which produced more than 246% rally as below:
Now on a weekly time frame, MATIC has formed a bullish Gartley pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MATICUSDT KEY POINTMatic is approaching the key point again. This point is very important and if it cannot support the price, we have to imagine a further fall. It has been supported 8 times in the past, can it be supported again? What do you think?
⚠️ Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
MATICUSD Is Touching A Major Trend LineMatic is currently dipping but should not be dismissed.
The dip provides an entry point right no the trend line up.
There is a potential for a dip below it in the past but it will be short lived.
Bars pattern shows my recovery thoughts in green.
matic/busd buy callMatic/busd just tested support
and bounced back
buy : 1.1555
sl : 1.1465
tp 1.1773
MATICUSDT trading at daily support, likely to head towards 1.15The price has hit the daily support and likely to bounce from here. Therefore a long is favorable here. The target of the long should be 1.15 which is also daily resistance zone.
MATIC ready for correction (Short)After few unsuccessful attempts to break the resistance, looks like we are ready for some correction most probably after a liquidity grab considering the strong short time uptrend.
NFA
MATICUSDT - achieved the ALL TARGETS +147.2% ROE with 20xI congratulate everyone who opened this position. They reached all the targets and completely closed the position.
MATICUSDT - achieved the first target +69.6% ROE with 20x
MATICUSDT - Well goes from htf
MATICUSD could breakout as we for this cross for a buy entry.We have not seen any activity with MATIC BINANCE:MATICUSDT lately so the momentum could be building in this Ichimoku cloud. You only need to wait for the cross in this indicator potential entry. It can be reliable on my other platform, but I thought I would mention this on Trading View.