Matic, half clear picture on btc pairsWe are in a stage that bearish & bullish scenario are equally possible and you see crvbtc is upper than its bullish trendline ( log) and you might expect pullback but btc lower than 36 will be false break out on crvbtc and it's probable, also pullback & continuation is equally possible
eth is facing strong resistance which is subject to break out if btc breaks its upper bearish pennant line however if you like to check weekly time frame you are going to see short term bearish scenario on eth is possible
What that means? Well stay away if you are not sure
What about matic
Matic is more subject to bearish moves
Parabolic run would retrace harder, i see bearish sign on force index and kvo, low volume signals change in trend in my opinion, so i say higher probable short case
retrace on btc causes drop in matic as a result of my idea
Take care
MATICBTC trade ideas
Matic/BTC updateMatic is consolidating nicely in this triangle. Looking for Matic to break this upper trendline. If it comes down to my buy zone I will Buy in there. If not I will put in 25% @ the breakout and the rest @ the test of the trendline/support.
Bull triangle formationAscending triangle formation on Matic on 1H. Bullish pattern. Entry on breakout to the uptrend. Expecting to setup a long position here.
$MATIC, One of the few that quickly recovered...$MATIC
One of the few that quickly recovered 'almost' to prior dump levels..
UCTS never turned bearish on the daily chart & remains ~600% up in profit👌
While I still remain skeptical about the market, If its able to hodl/flip the ~5200sats level, it may go for the ATH
#MATIC
MATICBTC - ideas updateNote
- There is some bullishness in this counter. Seek for a best opportunity
New short term targetsSwitching to daily sell targets as weekly targets have been passed with exception of 1. Due to the huge rise in price the down side risk is starting to be high. Looking to liquidate percentages of at each new FIB level.
Why is nobody talking about mad Matic?Like this is the best performing token by far these past two weeks for me. Everyone is talking about Defi and NFT and sometimes BTC.
MATICBTC is testing the descending channel 🦐The price is testing the descending channel, after an amazing bullish impulse. IF the price will have a breakout upward, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
MATIC/BTC HourlyMatic trying to get above the hourly ribbon here
As long as it's below it, it will act as resistance. We need some volume to get above this and turn back to being bullish in the hourly timeframe.
Still my number 1 favorite project
Very bullish on the mid-long term.
Also on the short term ( as soon as we get above this resistance :) )
Polygon getting more adoption and that shows! After the Coinbase listing it is one of the few coins that didn't just collapse. Incredible strength and benefiting from adoption due to high fees on Ethereum. Beautiful cycle on the way up and the way down, with a key breakout in this area and showing strength.
$MATIC, Into all time highs on a 30% daily candle..$MATIC
Into all time highs on a 30% daily candle..
Its not about being in this trade, it's what it represents to the overall market..
Matic-Btc Test Look at Matic-btc with Indicators
Thank you all.
I am secretly listening and learning from all of you on my Pro Trial acc , so be a good influence please :)
Another Call for matic , PolygonPolygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer.
Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.
Rank #67
Token
On 123,186 watchlists
Polygon Price (MATIC)
$0.3448
0.18%
0.000006165 BTC1.14%
0.0001591 ETH2.10%
MATIC/BTC DailyLook at the manner how healthy this thing is going up. It keeps retesting the ribbon and is up for a very big bullrun.
As you can see its very close to a breakout it went down to retest the support of the triangle and is now up for the last line of resistance.
Quick look at MATIC / BTCHere's a quick look at MATIC / BTC 4 hr chart. As we can see, the price has been consolidating for some time now, and we might see a bigger move to new ATH - keep an eye on this!
The idea is: Buy the breakout from the level shown in the chart and Take profits at the levels shown in the chart.
Targets:
1. 700 sats
2. 736 sats
3. 767 sats
4. 825 sats
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
