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MATICBTC trade ideas

MATIC \ BTC. Profit 166.66%. Cyclicity and trend.The cyclical process was not ignored by Russian scientists. For example, N.D. Kondratyev at about the same time period revealed a pattern of fluctuations in production and prices every 50-60 years. This cyclicity is called Kondratiev waves or K-waves. Cyclicity in a more or less stable form is present in commodity markets, as can be seen in Fig. 26, where you can see an example of a cyclical trend in wheat price changes (2010-2012). But since we are on the cryptocurrency market, everything happens faster and with less periodicity 1) Ovals - repeating channels after the pumps 2) Arrows - repetition of an occurring formation Good luck to everyone
MLong
by DextraBlack
1
It is good time to buy MATICHello guys. This my first analysis. A stochastic oscillator is a momentum indicator comparing a particular closing price of a security to a range of its prices over a certain period of time. It can show various things such as oversold and overbought. According to daily candle graphic stochastic indicator shows it is oversold. So we can expect that MATIC/BTC will rise up. Moreover weekly stochastic oscillator increasing so we can expect at least a few week increase in MATIC. On the other hand Fibionacci retracement indicator clearly shows that it is strong support on 217 satoshi. If the price closes over this level (it seems it will) 217 satoshi will be new support. And 250 satoshi will be new resistance. Let's wait and see what will happen. Thank you for reading. And i am waiting your comments.
MLong
by guray26
MATICBTC possible trading planDAILY: -MACD had a bearish cross -RSI is about to challenge an important trendline and is important o see reaction to understand direction -10DMA preparing to cross down 20DMA ( bearish) -checking if price manages to flip 200DMA from resistance to support -VOLUME is very low which is bearish There is no upcoming event to support a run up. Tools EMA's 8/13/21/55 (scalp) MA's 10/20/50/100/200 (swing trade) RSI , MACD , VOLUME , FIBONACCI,DIVERGENCE STANDARD PIVOTS , CANDLES, TRENDLINES
MShort
by Tzyganwu
$MATIC : Possible Cat Ears Pattern; a small study.Possible Cat Ears pattern, note that i said possible. A cat ears pattern is found after a downtrend and consists of two "ears" which you can see above. Its a downtrend continuation pattern but it has a HIGH FAILURE RATE which means you are probably better off looking for long setups on it. A cat ears pattern has 6 variations, follow the link here and you can see for yourself on Thomas Bulkowskis website: (Look at the picture with 6 variations, example #3) www.thepatternsite.com One variation is as follows: -Downtrend -Sideways trading -Spike one (1st ear, higher) -Sideways trading -Spike two (2nd ear, lower) We are in the middle of spike two, its currently trying to hold the 0.618 fib as support, BUT if this does not hold and we come down to the outlined breakout level then we can see a rejection or breakout of the car ears pattern. So we watch, if it comes down to the bottom breakout level, it can fakeout below the support then close above, breaking the diagnol downtrend resistance line. Or the pattern plays out, but altcoins are looking quite good atm so i doubt that, Theres a chance we dont even come down to finish painting the 2nd ear and go from here. This idea is pure theoritcal and im only posting it to backtrack on later to see if we complete the pattern and how it does play out.
MEducation
by Worth_The_Ri5k
3