MATIC/BTC TA Update (Get Ready For Relief Rally?)MATIC/BTC MATIC drops 73% from the top and price bounces perfect at the ascending trend-line support. With this kind of price action, it usually follows a relief rally to retest the 0.618 resistance. Many will get caught up unguarded here thinking the downfall is over. Whales love to play with new traders, trade wisely and don't get FOMO. MLongby PolarHusk18
MaticBTC - hype fib - by market makerThis is telling us the important of setting SL. The market will always tell us what's the right thing to do. You get rekt or you learn. Eventually, you always learn what's the right thing. To do or not to do is your choice. -- TA: HYPE FIB This is typical hype fib, for 1st bull and 2nd bull again. if you did not learn before(from my hype fib post of last year), let's learn again: 1. coin got listed on exchange, up then fall, having bounce up short/consolidation - forming hype fib 0.236 2. the small cup would be forming around 0.382/0.5/0.618, retrace to around fib 0.382/0.236 3. price hype to 1/1.272 normally(or 1.414/1.618) then retrace down to around 0.78 4. breakout and hype fib targeting 2.618, if excess fib 2.618, further target 4.2 5. when falling, it normally having bounce up around fib 2/1.618 6. falling target normlly around fib 0.236/0.382 or below fib 0 Trading Strategy : Trend by MA + trend define(higher high/higher low or lower high/lower low) trade at breakout want detail look of it? Check the idea below: what's now? The market maker, the same market maker. Find their foot print: Bear round 1: previous bear falling to bottom at RSI30 then bounce up to RSI50. then real bottom at RSI30. Bear this time: This time similar? goes to RSI30 then bounce up then real bottom to RSI30. it would match hype fib bear fall too(check the wick candle already set the future fall to be hype 0.382, coz it already wick there. it's telling you) - "MaticBTC is up and down so sharp...If the market is only up/down... that would be so cool" - "no, the market is gonna up and down, up and down. trying to slap you both sides/face." Excuse me, why MaticBTC is shooting up and fall so fast? or "Why they make MaticBTC shoot up and fall so fast?!" Because, 1. up and down fast, to trap mind at people who did not enter when before shooting up. - this way, they get money to trap people's money of who entered top or did not sell at top. - this way, they get low price to set in(enter at low price for future round up) 2. to tell you - alts market is coming. they don't wanna miss a round up. so, before another round up, they created a fast more than 2x profit to get your money and get your positions. and, prepare for another round up/alts bull later Don't forget: As to this round up, it reached 1st bull round top. it formed cup/double top. let's stay rational, and do the right thing - wait for market signal. when the trend is reversal, it will tell you, as they always do! Like my idea? Want get more valuable and high quality TA? Leave a like! --- Mby miaomiao18Updated 12
MATICBTC at resistance We might be running for w4 of small waveC if it drops below .192 sat no bueno ...goes above .201 sat is good for short time traders. and alsow3 is stopped at 1.168 fib so guess where W5 of C would be RSI needs to cool gain some momentum ... you know what I would like to see .....Bart pattern..oooh boy that would be such a r.costerMby deco_inUpdated 5
If pullback should happen than we have our target!I am not sure it has sense because at Matic only a few big players pulling the trigger but there are some probability in this picture.Mby tommyboxfx4
MATICBTC - falling wedge and bullish divergenceMATICBTC is forming a falling wedge after the current huge dump which usually ends in a bullish breakout. We can see bullish divergence on the 1hr RSI and it's close to the 0.618 fib-level which is the usual reversal zone for retracements. You can either wait for the breakout to lower your risk or get in now to possibly get more profit but with the risk of a pattern failure. Another thing to consider is that shorting is currently disabled for MATIC which reduces the sell pressure a bit. Consider a stop loss below 200 to minimize downside risk. Take profit zones are in the chart but I forgot to add one around 250, sell some there as well. Let me know what you think and good luck with your trades.MLongby Wolfy_Updated 21
MATIC Network (Dec 14)#MATIC/BTC (Binance) Entry Zone: 190 - 195 Take Profits: 210 - 230 - 250 - 275 - 300 - 325 - 350 Stop Loss: 179MLongby CryptoStation20
MATIC / BTC- iH&S pattern becomes more likelyMATIC / BTC- iH&S pattern becomes more likelyMby crypto_nami4
#Matic is not #Bitcoin#Matic is not #Bitcoin (& this applies for any altcoin) On altcoins you want to follow trends,not to buy cheap Most of this assets are worth 0 but temporarily hyped Buying here can be as bad as buying ATH a few days ago Until it restores its trend up,stay away & play safer betsMby CryptoNTez2228
MATIC / BTC - Triple bottom on golden ratio setupMATIC / BTC - Triple bottom on golden ratio setupMLongby crypto_nami8
Matic is close to increaseMatic broke the resistance but needs some buy order volumeMLongby TraderMikabot119
MATICBTCSorry for my english 1. RSI (1h) triangle structure 2. Minimal corretion after dump (570 sat -> 150 sat -> 310 sat) This is Fib 0.382 3. Falling Wedge (GREEN). Target - 280-290 sat 4. OR Descending Triangle (RED). Target - 130 sat. It means breakthrough global (year's) dynamic support. I doubt it 5. Main Wash-Volume in zone 150-250 sat 6. Maybe whales repaying shorts now 7. Maximum FUD in chats - "50 sat", "80 sat", "100 sat", etc. 8. Margin borrow is disabled that makes pump easier I have LONG. DYOR :) P.S. Next buy zone - 185 sat and 160 satMLongby DiegoDiamond227
MATICBTCUsually, Bart pattern makes it up( this case)but ABCDE shows that it might go one more down also Daily RSI is about to decide MLongby deco_inUpdated 12
MATIC/BTC - H4 CHARTHi, today we are going to talk about Matic Network and its current landscape. It's of common knowledge among those who observe the cryptocurrency market for a while that this market can be unpredictable and extremely volatile. Even senior traders have stories to tell about gains and losses, due to incredible surges or horrific slumps of the price, learning a complicated and expensive lesson, in the best cases. This week the Traders of MATIC had a similar experience, after the catastrophic slump of the price in the short period, raising concerns over the project stability, and casting doubts over market manipulation, if developers of the project had dumped their holdings or the exchanges had failed somehow. Independent of the origin of the sell-off the hard truth is that in an unregulated market, the eventual lack of liquidity could lead to market manipulation by only a few players that the buying power triggers a cascade effect, of stop losses and margin calls, creating a cycle of panic at the market. Usually, a situation like this could be avoided if crypto exchanges had a trading halt system to hold trades for a specific time so the market could have time to cool down the animosities. About the project itself, nothing happened to justify the sell-off. For a matter of fact their look to be the most shocked ones in this story. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice. Mby Igor-Silva1131
MATICBTCThere is a possibility that is a bat pattern in the MATIC-BTC. That is just my opinion and there are 2 targets in the graph that is shown. Do not forget to use stop-loss.MEducationby Hakan1990Updated 116
MATICBTC | D | GANN WHEEL & SQR SETUPMatic pump and dump is done, major structural damages happened. This is maybe it for matic.. and to remain bearish for a while.. good luck. Second ring retracement.. this is not looking good: Cheers, KeopsMShortby Keops2212
Gann fan on MATICI think this indicator hasnt little power ... I see a few confirmations in the table with "Gann fan". We not seen accurate confirmations with this tool, but some similarity about 5% +- is. My trade is few month in green numbers in MATIC thanks this tool. I dont know if it is buls*it, but MA 15 with 8 offset on 4h chart helps me a little at low prices and keeping the upper trend, but only at MATIC. MLongby Nimble_Samuraj12