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.
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Maticusdtsetup
MATICUSDT: 4HR Bullish View! Hey Everyone,
BINANCE:MATICUSDT price first consolidated then accumulated which led to clear and successful distribution. Imbalance area need to be settle and therefore we aiming at that region from which price will rebound correctly. Be patient and let price do its things once it falls in our entry zone, take swing entry.
Happy New Year in advance ;)
MATIC target 1.4712h time frame
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MATIC is creating a potential double bottom structure. Taking a step forward to the lower time frame, MATIC just retested 0.5 Fibonacci Projection, which final target is 1.47. Also, use Fibonacci Extension on the wave from 1.568~0.492, it shows the first target at 1.44, which is closer to target from Fib Projection, and 1.44~1.47 is the neckline of this potential double bottom. Further, if MATIC complete this double bottom, final target will be 2.64.
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TP: 1.44~1.47
SL: 0.7145
🔴 MATICUSDT - 15M (30.09.2022)🔴 MATICUSDT
TF: 15M
Side: Short
SL: $0.780065
TP 1: $0.768559
TP 2: $0.761441
TP 3: $0.755688
MATICUSDT looking to pull back a bit.
MATIC CwP Pattern | Bullish Breakout | 148% Move ExpectedMATIC CwP Pattern | Bullish Breakout | 148% Move Expected
NOTE: Do your own analysis. Do proper risk and money management. spot trading only.
Matic was in diagonal resistance on May 19, 2021, and had a breakout on July 21, 2021. After a bullish breakout, MATIC created a very strong reversal pattern(Cup & Handle). I am expecting a 148% move ahead. Be careful if you are in this trade.
Buying Zone: 1.55138
TP1: 1.72561
TP2: 2.03258
TP3: 2.43912
TP4: 2.70461
Expected New ATH: 3.87341
SL: 1.25270
Trade Risk: 19.25%
Net ROI: 135% - 148%
Use only 15% risk of your account not more than that.
Happy Trading!
MATICUSDT | V-Shap Recover | Falling Wedge BreakoutMATICUSDT | V-Shap Recover | Falling Wedge Breakout
MATIC After V-Shap Recover went into a long correction phase and created a Bullish Reversal Pattern (Falling Wedge). MATIC has potentially broken the wedge and then retested the broken zone.
It seems that MATIC has completed the correction phase and ready for a bull rally.
NOTE: DO YOUR OWN ANALYSIS. DO PROPER RISK AND MONEY MANAGEMENT. SPOT TRADING ONLY.
Buying Above: 1.55766
TP1: 1.90588
TP2: 2.32419
TP3: 2.69442
SL: 1.16667
