Long on MATIC$MATIC reached its major support level. Bounce off and bullish movement to resistance level at 1,5$ is possible to happen next.
Polygon
If MATIC comes to my entry point I'll Short it#MATIC | USDT
It does look bullish so far, a few resistance to take out, possible final wave till $1.4475 where we will be looking to short it.
- Strong Supplyzone @ $1.447
- We can set limits their as MATIC approaches the zone.
- Invalidation of this pattern above $1.477.
- Correction Waves till target (iii) or maybe more if we doesn't hold.
- Setting up alerts on MATIC
MATIC/USD - Can it PUMP? Chart is bullish.MACD crossed to the positive side and the chart plus price action is bullish.
The start of the rally is if it breaks $1.5 resistance.
Also keep an eye on BTC as that can nuke and pull everything down if it loses $40k again.
Like and follow if you liked this idea.
Polygon (MATIC) - April 21hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(MATICUSDT 1W Chart)
Above 1.169: Expected to make a new wave.
(1D chart)
Resistance: 1.630-1.833
- 1.506-1.630
- 1.833-2.022
1st support: around 1.225
2nd support: 0.616-0.891
The resistance section of 1.630-1833 is an important section to determine the trend.
Therefore, after rising to the 1.630-1833 section, it is expected that the trend will continue in the direction of deviating from the 1.506-2.022 section.
Therefore, if it fails to move above 1.506 from its current position, I would expect it to move towards the 1.225 area and confirm support.
(buy)
- After confirming that it is supported above 1.225
(Stop Loss)
- When it falls below 1.169 and receives resistance
(Sell)
- When resistance is received in the range of 1.896-2.022
- When receiving resistance near 2.441
------------------------------------------------------------ -------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
Polygon shortPolygon bounced off the resistance level. Asset bounced down off the bearish trendline. Decline to support level at 1.305 is expected to happen.
MATIC's chart is scaryMatic broke down out of the ascending broadening wedge in January of this year. It has now formed a descending triangle. A breakdown from this pattern has a target price of almost $.50.
Investing in MATIC right now is PURELY out of confidence in the fundamentals. The technicals look bearish in my opinion.
It could break upwards according to Bulkowski (thepatternsite.com) there's a 53% chance it breaks upwards. The question is, are you feeling lucky?
Buy Matic📍SIGNAL ID: #032📍
COIN: MATIC/USDT ( Spot / 10x )
Positions : BUY / LONG 🚨
➖➖➖➖➖➖➖
Entry < $1.33
SL max $1.1
TP max $1.59
Falling Wedge dan Double Bottom adalah pilihan tepat untuk buy matic malam ini .
MATIC.USDT (Y22.P1.E3).Breakout APPROACHHi All,
#MATIC #POLYGON
Unlike some other charts, Matic is showing some advanced signs of accumulation.
This is aligned to the picture as shows, wyckoff schematic 1.
As you can see, it fits into a triangle breakout as well.
Please give me a like and share,
All the best,
S.SAri
Matic 1D ViewMatic looks great, it can start going up from right here.
support and resistance are there as pivot red dotted lines.
Polygon (MATIC) In Support Zone!MATIC has been starting to bounce between a $1.30 support zone and a $1.75 resistance since late February of this year. As of right now we have really been respecting the 0.382 Fibonacci level at $1.41 cents. We are also trading just slightly under our POC (Point of Control) on the visible range indicator as well which is about $1.40 cents.
On the Stochastic RSI, MACD, and RSI we're in near oversold territory as well. We have a nice wave like troughs on our oscillators. I believe once we get to peak & crest levels on the oscillators we will possibly see a nice bump up to the 0.5 Fibonacci level at $1.66 from these current levels.
These are pretty nice levels on the daily for MATIC right now especially on the oscillators. I believe we will inevitably run back up past $2.00 at some point as Layer 2 Ethereum scaling solutions, Metaverse, and ZK rollups starts becoming a strong narrative. As of right now we're in a nice support zone of between $1.30 - $1.45.
Keep MATIC on your radars at these levels! Much peace, love, health, and wealth!
MATIC strong support areaMatic is sitting at a strong support level from which i think it can bounce to the 1.71 resistance area.
Looking forward to read your opinion about it.
Looking at Matic from mid term perspective $MATICStill consolidating, as you can see clearly using regretion bands.
$1 is a super strong demand zone if the current support breaks.
In my opinion risk to reward is amazing right now for the long setup.
Please exit once invalidated.
Cheers
$MATIC bounce from support?I would expect a retest of the support which we currently bounced from to confirm support, we have the same setup playing out on $DOT. Either we retest and form a double bottom or we flip the little resistance we facing at 1.43-1.47 on the 4hr TF taking us all the way back to the 200-day ema on the daily TF.
MATIC short term targetThere is an increase in MATIC`s volume recently and a lot of interest surrounding it.
Looks like a possible bounce from the support area.
I would expect a pump to $1.71 short term.
Looking forward to read your opinion about it.
Bitcoin Reclaims $40,000Bitcoin climbed back above $40,000 and it might move to $45,000 amid a broad rally in financial markets, while day-trading favorite Shiba Inu surged more than 30%.
Shiba Inu and three other tokens — Solana’s SOL, Polygon’s Matic and Compound’s COMP — were all listed for the first time on Robinhood Markets Inc.’s platform.
Shiba, which trades at a fraction of one U.S. cent, was the biggest gainer of the four, which all climbed in price.
Bitcoin had dropped Monday to below $40,000 for the first time in more than three weeks. It was about 1.2% higher at $40,315 as of 9:41 a.m. in New York. Ether also strengthened, rising to just above $3,000. Some smaller coins posted larger gains, with Avalanche rising 6.3% and Cardano advancing 2.7%.
MATIC Potential Double BottomThe red line in my price vs whale money flow is the rsi, we still have some room left for the downside. I’m expecting us to bounce from that trendline @ $1.33. If that plays out, TP: $1.70 - $2.00
MATIC/USDT Good Time to Accumulate for Huge Profit#MATIC/USDT TA update:-
$Matic still holding $1.40 support level.
Guys Honestly if hold this support then we can see $3 next Target and $5 also in the coming days.
A very important level is $1.10-$1.20
In simple IMO I will hold above $1
I am supper bullish above $1
And In near future we can see $MATIC price could be $10
Support:- $1-$1.20
Resistance:- $3/$5
MATIC/USDTMatic is one of the coins that can't stand very well in drops. If you have it, be careful. It is not financial advice.
Polygon MATIC Price Targets and Stop LossMATIC/USDT short
Entry Range: $1.56 - 1.59
Take Profit 1: $1.49
Take Profit 2: $1.36
Take Profit 3: $1.26
Stop Loss: $1.77
Matic Still Has potential to Touch 2$Matic is trading in a tight range since Mar27, but the rally is not faded yet, Technical are still pointing towards $2. Once it break above 1.70$ it will quickly visit the $2 area.
MATIC Facing Resistance$MATIC for the past 3 days has been struggling to break above it's current resistance(Area) while others alts have been breaking out. On the daily chart we have the 55 day ema attempting to flip the 200 day ema which would signal a change in trend to the upside considering BTC lets it. we already have the 10,20,55 day ema trading above the 200 on 1hr,2hr and current 4hr chart as we can see on the 4hr chart. What does this week hold for $Matic, a Breakout or a Rejection?
Polygon (MATIC) - April 4Hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(MATICUSDT 1W Chart)
Primary resistance: around 2.441
Secondary resistance: 3.049-3.252
Support: around 1.225
It is necessary to confirm that it is supported and can rise in the 1.630-1.833 section.
(1D chart)
At points 1.896 and 2.360, the indicator is inverted.
Therefore, careful trading is necessary as there is a high probability of a shake up and down to convert the indicator.
(buy)
- After confirming the support around 1.630
- After confirming the support around 1.833
(Stop Loss)
- When it drops from 1.506 and receives resistance
(Sell)
- When receiving resistance in the range of 2.360-2.550
- When resistance is received in the section 3.049-3.252
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
---------------------------------
