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MATICUSDTPERP

📊#MATIC may continue higher, cautious shorting⚠️➡️Remember we shorted MATIC before? 🧠At that time we had locked in major profits after completing a full Elliott Pulse, and our risk-free expectation was that it would continue down to the ideal target zone of the Smiley Face bearish structure. But over time we developed a double top bullish structure at the bottom, so we gave up on the ideal target of the smiley face bearish structure very early. ➡️And in the subsequent development, my conjecture was further confirmed. Then I noticed that we were once again following the Elliott Pulse wave move, and when we were running Wave 3, I started setting up a long trap and was delighted that the market developed as expected, a very beautifully set up. We are currently completing wave 5. It is expected that we will most likely sweep the liquidity pool above and then start to fall back. Whether it can continue to go higher, we still need to continue to observe.👀 🔥Congratulations to all the friends who followed us to print money🎉💰🍻I have helped everyone make money, so I hope you can also help me. Please remember to like❤️share my analysis posts and channels. 📤
MLong
by wolf_king888
📊#MATIC double bottom targets were all achieved, cautious📉🧠After all our double bottom targets were achieved, we formed a smiley bearish structure above the resistance zone. Yesterday's rise was not strong, and we did not successfully break through the resistance zone. Therefore, we believe that the probability of continuing the decline is greater than the probability of rising, so it is very reasonable to continue to fall to achieve the target of the bears. After achieving the goal, the lower buy zone is worth paying attention to.💥 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
MShort
by wolf_king888
9
0.3840-0.5620: Important boundary rangeHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (MATICUSDT chart) (1M charts) The StochRSI indicator has entered the oversold zone and a change in slope has occurred. Accordingly, the possibility of a trend reversal in the StochRSI indicator is increasing. The key is whether the price can be maintained above 0.4010. (1W chart) On the 1W chart, the 0.559 point corresponds to an important support and resistance point. Accordingly, the key is whether the price can be maintained around 0.559 and rise. (1D chart) With the 0.3840-0.5620 range as the boundary range, we believe that anything below 0.3840 corresponds to the mid- to long-term investment period. Accordingly, if it falls below 0.3840, it is recommended to stop trading and wait for it to rise. In order to reverse the trend, the price must be maintained by rising above the MS-Signal indicator on the 1M, 1W, and 1D charts. Accordingly, the price must be maintained by rising above the M-Signal indicator corresponding to the MS-Signal indicator. (MS-Signal indicator is composed of M-Signal indicator and S-Signal indicator.) Since it has not risen above the MS-Signal indicator on the 1D chart, it has not been able to turn into a short-term upward trend. Therefore, in order to turn into a short-term uptrend, the price must rise above 0.5620 and maintain the price. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
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by readCrypto
2
Polygon Matic price will try to work out a medium-term tradeMatic buyers are not giving up and are trying to break through the local trend and strong liquidity zone from above. We assume that there will be more attempts to push the price up, so this medium-term trade has the right to live: Entry = $0.636 Stop = $0.5582 (-12%) Take Profit = $0.9595 (+50%) Potential profit/loss ratio = 12/1 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
34
Polygon Matic price don't give up and trying growthLet's start the idea of MATICUSDT by thinking about why we should draw medium-term estimates of possible price movements. Here is our medium-term idea for MATICUSDT, which we published 6 months ago. Back then, we clearly described two scenarios and under what conditions to stick to one or the other. There is an action plan, there are critical points of activation of one of the scenarios, and it remains to trade in the right direction. And then, like everyone else, we had no idea that someone would think of classifying MATIC as a "security" and that this would cause the price to crash. You can easily test the idea) In the short term, the MATICUSD price is approaching a strong liquidity zone around $0.73, which has been acting as support for a long time, so probably it will not be possible to break it up at the first attempt. A slight correction will follow, and the second time around, you can try to break through to the top of the channel at $0.83 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
24
MATIC – Two Entry Points• Yesterday’s long trade on MATIC was a huge success. However, we may be on the verge of an altseson. Consequently, I THINK MATIC still has a more fuel in the tank. • I have two possible long entries for MATIC. The first is based on an hourly demand zone and the second is based on a daily supply zone. Trade Idea No. 1: • Entry: 0.764 USDT. • SL: 0.755 USDT. • Target: 0.95 USDT. • R: R: 1:18 Trade Idea No. 2: • Entry: 0.7404 USDT. • SL: 0.71 USDT. • Target: 0.95 • R: R: 1:6.88
MLong
by NewThoughtCrypto
MATIC - Don’t Buy the Breakout, Buy the RetestTLDR: • MATIC is close to breaking out of the Range High. • To trade long I need to see the following: o Break out of the range. o Move up to deplete the supply zone. o Range high flipped to support. • Only after these two conditions are met will it be a high-confidence long trade. Background: • MATIC is in a similar situation to many other altcoins. The MATIC situation is as follows: 1. Sharp drop. 2. Selling Climax. 3. Automatic Rally. 4. consolidation in a Range. • Assuming that the correction is over, this could be an amazing opportunity to buy low and sell high. However, there’s a worm inside the apple that we need to avoid. • MATIC has a supply zone just above the range high. Meaning that a break above the range high will, most likely, fail at the first attempt. Here are a few examples: • DYDX Weekly TF: • XRP Daily TF: • BNB Daily TF: So, what do we do? • Simple, Patience. Don’t buy the breakout, buy the retest. If you miss out, there are other trades. Nonetheless, it is most probable that all you will miss is the stress and heartache of being in the red. Trading Plan: • This is a generic trading plan. It is applicable not just to MATIC but to any other asset that is consolidating in a range. I intend to use this tactic for ADA, FTM and BNB as well as MATIC. 1. Break above the range High 2. wait for the supply zone depletion 3. Wait for range high retest as support. 4. Wait for green dots on the TTM Squeeze indicator. 5. Go long. Trade Idea: • Entry: 0.715 • SL: Below last Low before the breakout app. 0.65 • Target: 1.568 • R: R: 1:12 • TP: 0.95, 1.18, 1.568 NFA What do you think? Please share in the comments. Best wishes.
MLong
by NewThoughtCrypto
Matic Polygon eyes 200% gains on PolygonPolygon in high-profile partnerships Notably, Meta, the parent company of Instagram, named Polygon as its initial partner for its upcoming nonfungible token (NFT) tools that allow users to mint, showcase and sell their digital collectibles on and off the social media platform. Meanwhile, banking giant JPMorgan used Polygon to conduct its first live trade (worth about $71,000) on a public blockchain, marking a concrete step toward integrating cryptocurrencies into traditional financial frameworks.  MATIC, a utility and staking token within the Polygon blockchain ecosystem, rose over 13% to $0.985 after the announcements, accompanied by an uptick in daily trading volume. MATIC’s upside move came as a part of a broader recovery rally across the crypto sector that started in mid-June. MATIC’s price has rebounded by more than 200%, a trend that will likely sustain in the coming months. On the daily chart, MATIC has painted a cup-and-handle setup, which comprises a U-shaped recovery followed by a downward drifting channel. The token is now eyeing a decisive breakout above the pattern’s neckline range (the red bar in the chart below) to reach $2.89, its primary upside target. As a rule of technical analysis, a cup-and-handle pattern’s target is measured after adding the distance between the cup’s bottom and neckline to the potential breakout point. As a result, MATIC is now eyeing a 200% price rally by the end of Q1 2023. Fundamentally, MATIC’s demand could keep growing, given Polygon’s growing NFT projects launched by mainstream companies. On the other hand, macro risks continue to threaten the ongoing crypto market recovery, which may hurt Polygon despite its growing partnerships with big-name brands. That being said, a strong pullback from the cup-and-handle pattern neckline range could invalidate the bullish setup altogether. Technical analysis: I have marked the important zones with numbers and explained them : 1 Agresive Sellers shortened Matic at 2.60. Technically The market had very low bullish volume and huge bearish Deltas . The market broke the short term support at 1.75 and it became again resistance. Now the sellers started to build their positions stronger. Long term buyers took partial profits here, new buyers took losses, and sellers sold more here. The creation of more sell orders finally pulled down the market to the deepst waters0.39145 2 This zone was and is defending strongly by Matic Long holders. The sellers took some profits here.The long term buyers bought more matic and new buyers came into the market. Also some late sellers took losses here or took profits.Also some sellers became new buyers. More Buy orders pushed up and pumped matic to 1.40(Defended ell area=Double Resistance) 3 Long move has a double support 0.73 and 0.65 area The increased volume and delta at this area supports buying positions,but also the volatility . 4 A break above 1.5463 increases more delta bullish and more buyers will support this positin but this time more agressively. The market has higher highs and higher Lows structure.To build a long term Bullish trend, a break above 1.5460 is essential 5 A break and holding above 1.54680 finally establishes a strong lbullish long term trend 6A break of 1.6590 is catastrophic for the majortiy bulls,but the final support 0.38 could save them. If this zone has lost, The sellers will control the market for a longer periode, as the resitance numbers make it very hard for bulls to take advantageof the bull trend.
CAPITALCOM:MATICUSDLong
by DaveBrascoFX
5
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.
MLong
by angela_altair
Matic LongLonged some Matic here. Possibly it could be a daily pullback and retest. If we look at daily Chart we can clearly see the previous domain break and also daily closed above the domain. Also BTC.D have some sort of divergence so the movement is prominent but still depends on BTC if BTC holds I can clearly see alts booming. Longed some at 0.8677 Tp 1 0.9450 Tp 2 1.0300 SL 0.8550 Talking the trade because of very good RR here if this happens. Note: Not a financial advice.
MLong
by ROBO416