MATICBTC analysisneed to cross over the 0.786 Fib Level - possible 30-40% gains if we see a clear close above the Fib Level.
Use a tight stop loss and lock profits as bitcoin is still weak.
MATICBTC trade ideas
Matic/Bitcoin is really easy to trade.If u are in a long Right now, i would look for 247/250 range to close it and go Short.
If we drop to 182 i would go long on a first touch since it is an important and strong level there.
If we go higher than 250ish... id look for a pull back and long it to 330.
$MATIC goin parabolic again ?MATIC/BTC price surged above the 200sats line. It could be on aparabolic run again.
More volume would be nice, though...
BR
MATIC Network Moving Within Ascending Channel | Path MappedMATIC Network (MATICBTC) is trading within an ascending channel and gaining momentum to the upside.
The chart for MATIC is completely bullish but a retrace might be coming up next.
We can see that MATICBTC is reaching the upper side of the channel as well as bearish divergence showing up on the MACD and RSI.
Prices are moving higher and things are looking good but remember that the markets move in waves, so each time there is a wave up, the move that follows is a retrace.
Previous chart:
Namaste.
MATIC/BTC Golden CrossIt's hard pressed to find a coin or token that can see possible gains in this current market, but the MATIC/BTC chart seems to stand out.
Firstly we see a golden cross that took place on Nov 21st, where the 50EMA crossed above the 200EMA. We also see that the 100EMA seems to possibly want to cross above the 200EMA as well. Generally when Daily EMAs cross above each other we see Algo Bots buy, giving positive momentum for traders and hodlers. Secondly we see that other daily indicators verify bullish momentum, the MACD shows buying pressure and the RSI shows bulls in control.
Now in the short term a pull back is always a possibility which would present as a buying opportunity, this can be offered if BTC pulls back "crashes" again, or if the resistance levels is to strong. Currently BTC is moving sideways which allows for alts to recover/rise though our resistance at 196ish sats seems a little strong. We could see MATIC bounce between 165-196ish until the market improves.
Fundamentally the MATIC project has a lot going for it, we have a main net coming soon and many projects already experimenting with using the technology. In my opinion with MATIC being a Binance IEO and Coinbase investment it makes me think that the big players in this space see MATIC as one of the best if not the best scaling solution for Ethereum.
If MATIC can break 196 sats then we may see a move to 213 and then possibly to 251 sats in the short to medium term. I really find the consolidation on this chart to indicate accumulation which is very healthy. Not financial advice but I have out lined key resistance and supports on this chart shown as yellow lines that can be followed to the right of the chart for the exact satoshi value. I always use a stop lose in this type of market because if BTC continues his decent to 6k he will bring the market with him.
This play is more inclined to provide satoshi gains than USD unless BTC can consolidate and push upward in which it could possibly be both Sats and USD gains. Personally I hold a good amount of MATIC which I will never sell because I see the ecosystem growing and I want to be part of it.
matic/btc setup for uptrendyou can see all setup for matic that binance do i think this setup for along term bull
$MATIC, Looking for a retest of just crossed resistance level...$MATIC
Looking for a retest of just crossed resistance level at ~168 sats..
This is a great place to set some alerts looking for a flip and potential new leg up..
UCTS Buy signals across multiple TFs
Set alerts!
#MATIC
MATIC fully looking bullish....don"t forgot matic.its accumulate here last 10 days . now boom to 250-350
Buy it while its cheap!XEM with same coinsupply when to 2 dollars. Just sayin. Alot of bullish signs on daily chart. Time to buy buy, then fly fly, then fomo :)
Update; MAtic is out of trendline. Now building up volume See target in chart. RSI increasing - volume need to come. Holding 170 good wich is at broken trendline. Some minor pump will boost it to top gainer at binance, and then we are off. Just hold. Ps. Remember to set stoplosses, BTC can suddely fly og drop. This have a big impact on btc/matic price.
Matic for 220 nowStochrsi and rsi is turning bullish again on 4hour chart. Still in good upward trend:) im hoping for 800-900 sats before 2020
MATIC/BTC: I Know Matic like an Runer as F*I think with this run we will hit an new ATH.
RUN FOREST RUN
Parabola foming hereExpecting at least to green dot line. Here how to maximize gains. Buy some spot BTC and send here www.delta.exchange ( this is my referral it saves you 10% on trading fees) Delta has new matic perps 20x leverage get lots of contracts of cheap alt pair and do it post only limit to get commission rebate. The market pecks at the orders and you get pages and pages of maker rebates just to open the trade and then on again on top of the profit when closing trade. Good luck happy trading.
MATIC lacking volume. May go down to trendlneStoch RSI and RSI is decreasing. Might go down to trendline before countine run.
MATIC vs BTC target areaMATIC is one of my favourites coins, so more analysis on it to come.
for now it is a very good buying opportunity.
Matic is one of my favorite coins! here is whyMatic is performing very good, and has good potential to go high in a short time. if its time to bull for matic you dont need to wait a lot .
