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MATICBULLUSD trade ideas

$MATIC has held up well and may be poised for more gains$MATIC has held up well over the summer of 2022 while the rest of crypto fell. Here are 2 possible counts I'm considering that imply another rally. The first is a triangle pattern (black labels) and the second is a w-x-y combo (blue). If its the triangle, this rally is wave (d), then a brief setback in wave (e) that leads to a powerful rally. If its the combo, then the rally may have already started. There is a bearish count (not shown) that is active so long as MATIC holds below the black horizontal line.
COINBASE:MATICUSDLong
by JWagnerFXTrader
1
MATICUSD (Polygon) ZonesHere we are looking at MATICUSD on the Daily TF… Let’s begin by zooming out on the chart to get a sense of the important zones that we must consider when analyzing Polygon in its local price range. When looking for Macro support, the strongest support line that we can draw rests at approximately $0.31 as marked by the bottom (green) line. In the immediate short term, we are looking at local support at about $0.75, so there is quite a lot of space between our local and macro support lines. If MATIC can’t hold its local support line (green), then we may expect a fall to its bear market lows, which also happen to be its macro support at $0.31. Lastly, let’s quickly analyze the resistance range drawn on the chart. This resistance zone ranges from $1.00-$1.30. As it continues to bounce between local support and resistance, we will keep you posted on relevant developments in the chart… Cheers!
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by GarethSolowayOfficial
6
MATICUSD H8: +20% gains BULLS the BEST level TO BUY/HOLD(SL/TP)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! MATICUSD H8: +20% gains BULLS the BEST level TO BUY/HOLD(SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTION! 🔸 Summary and potential trade setup ::: MATICUSD H8/candle chart review ::: strong / bounce reversal 75 cents ::: bulls maintain control expect more gains ::: trading within well-defined range / accumulation ::: setup still valid as of RIGHT NOW ::: chart is LOG SCALE ::: 15-20% upside remains ::: BULLS focus on buying dips ::: BUY LOW after pullback is over ::: entry - after dips/pullback ::: TP1 bulls 92/94 cents ::: use tight stop loss for this trade ::: 1.00 mirror S/R resistance overhead ::: potential re-test of mirror S/R at 1.00 USD ::: bounce in progress / focus on buying dips ::: reversed via minor IHS setup on 1 hour TF ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +20% gains ::: details: see chart ::: FINAL TP is +20% gains 1.00 USD ::: recommended strategy: BUY/HOLD after correction ::: TP BULLS +20% gains 1.00 USD final TP ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: 72/74 cents demand ::: 1.00 usd fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/20% gains ::: Sentiment short-term: DIPS PULLBACK/MODE RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
MLong
by ProjectSyndicate
26
MATICUSD H16: +40% gains BULLS the BEST level TO BUY/HOLDWhy get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! MATICUSD H16: +40% gains BULLS the BEST level TO BUY/HOLD(SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTION! 🔸 Summary and potential trade setup ::: MATICUSD H16/candle chart review ::: accumulation in progress ::: bulls maintain control expect more gains ::: trading within well-defined range / accumulation ::: setup still valid as of RIGHT NOW ::: chart is LOG SCALE ::: get ready to BUY LOW later near range lows ::: currently/soon CORRECTION MODE ::: BUY LOW after pullback is over ::: entry - NEAR 72/74 CENTS ::: for now PULLBACK/CORRECTION MODE ::: use tight stop loss for this trade ::: 1.00 mirror S/R resistance overhead ::: potential re-test of mirror S/R at 1.00 USD ::: 72-74 cents decent bounce zone BULLS ::: potential HS setup BULLS bounce play ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +40% gains ::: details: see chart ::: FINAL TP is +40% gains 1.00 USD ::: recommended strategy: BUY/HOLD after correction ::: TP BULLS +40% gains 1.00 USD final TP ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: 72/74 cents demand ::: 1.00 usd fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/40% gains ::: Sentiment short-term: CORRECTION/MODE RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
MLong
by ProjectSyndicate
54
$MATIC still trading mid-70s to mid-90sAs the title states, matic has been trading between the mid 70s to the mid 90s. It had a brake lower one time and it had that huge pump a while ago above the '90s. If you put $matic on a longer term time frame you will see why up move stopped. Using daily is great for short-term pumps but if you use the longer-term charts, you'll see where the up swing will likely stop. Once you see that the longer-term charts are no longer negative that's when you know we should keep pumping and daily charts will help you with resistance levels higher up and trading portions of them but this is when you begin to hodl. This is a process that takes a long time, especially if they are monthly charts.
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by ROYAL_OAK_INC
1