MATICBTC trade ideas
MATIC/BTC 1D chart.Broke out of a recent trendline. Support Level 1 was held pretty good and looks like it is making a move towards the first resistance level.
Disclaimer: This is not financial advice. I'm fairly new to trading and I'm publishing my ideas for learning purposes. I'm open to any form of criticism.
Maticbtc potential double bottom pattern is forming on matic ! close above the neckline and if the bulls manage to close above this historical trend line a H&S Pattern Will Be formed , We might have a new ATH , buckle up Gents !
Breakout of Falling wedge - 2R Trade- Key level
- Approaching falling wedge
- Break out
- Lets get filled
- 2R | 20% safe potential
Anything with MaticLooking at any other Instrument, it is easy to guess that
it has reached a TOP VALUE by the time being
BUT, (yes I know we shouldn't say BUT or "Should")
This is cryptocurrency world .
A sort of magic land. Anything can happen. ....
.....in a meaningful way.
The next move will give us a clue or two...
MATIC strongly bullishFibonacci time extension shows that MATICBTC will reach its next top (or bottom) in next 2-3 weeks. Previous Fib lines have either seen a local top or bottom. Either way there is something big coming, i am more inclined towards bullish case as we may get Binance staking and coinbase listing possibly.
MATIC Bitcoin Ascending triangle MATIC might ETH second layer
Ascending triangle pattern
Possible begining of a big bull run
MATIC - Bullish Repeating Fractal, 250% Potential GainsRinse, wash, repeat. The current price action is testing resistance, but buy the breakout of this wedge. I think we may retest support one last time before we go up.
MATICBTC completed a gartley for upto 44% movePotential reversal zone: 0.00000217 to 0.00000194 sats
Fibonacci projection or sell between : 0.00000236 to 0.00000280 sats
Regards,
Atif Akbar (moon333)
MATICBTC short term upwards movementMATIC / BTC short term. See you at least at 250.
See resistance / support lines and pitchfork lines.
This is no advice from me, I am just looking at charts.
MATIC support level and patience timeHello, Traders,
MATIC is testing now an important support level. We call as a key level (Key level is a region that the price worked as support and resistance many times over the trade history)
Let's see if the bulls hold the price above this level, but I expect this asset to continues the sideways movement.
#Patience pays.
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MATIC(4 HR), BAT PATTERN, 20-30% MOVEThis is my short-term analysis and I will be posting big picture view(both bullish and bearish view) shortly.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
MATIC longMATIC forming an inverse H&S pattern. has been consolidating for too long, it is due for a breakout as early as this month.
MATIC/BTC, configuration haussièreMATIC/BTC, configuration haussière mais il faut trouver un bon prix pour entrer
Backtesting for breakout?On the 1H there's a confluence of the upper pennant, 0.236 (fib of local high/low) and the 200 MA. If support holds I foresee good gain perspective, when it breaks we might test the bottom again which has been very consistent and moving up slowly but strong! As we are nearing the end of the apex the odds are looking good and there's space on the RSI for upward momentum on most time frames.
!!!DISCLAIMER!!! I'm new to analysis since November 2019 and this idea is only for the purpose of sharing ideas NOT investment advice, therefore any feedback from aspiring traders and experts are more than welcome.
Always remember to not go into a trade to soon and take profit along the way. Stay safe, stay profitable ^^
