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MATICUSD trade ideas

Matic - Trade ExitTraders, As explained in the video I just released, this recent crypto price action up all simple appeared to be a bull trap. I was growing more and more bearish as I did my video and indeed, by the time the video was ended, I felt it was time to capture my meager profits in MATIC for another very small win and get out! As it was the drop happened so fast, I was barely able to do that. I will NOT be looking to enter back into any trades until BTC does as I have been expecting it to do (retest that neckline at 25.3k - see vid for more), or until we start to capture some new pivot highs. Until then, alts will probably just follow the big dawg (BTC) down. Best, Stew
COINBASE:MATICUSD
by stewdamus
1
Matic 🛤️ Break + Retest 1.0069?Looks Like we can continue the Bearish momentum here back down to yesterday's low at .9792 and beyond to our next daily level at .9755. Matic Polygon did a faekout yesterday above 1.0227. It returned back into the range, then to the bottom of the range then did a break and retest of the daily level on the 30m TF. Left a very large wick rejection and off we go onto the next zone at .9755. We have bounced but I can observe a retest of the low with momntum left over from earlier.
COINBASE:MATICUSDShort
by ShrewdCatfx
[polygon] by elo.The odyssey of Matic (Polygon) commenced at a mere 0.0025, back in 2019. It ascended in what appears to be an impeccable 5-wave sequence, reaching an impressive 2.9255 at the peak. Remarkably, it is one of the few tokens in this pervasive bear market that has not experienced any significant deterioration. Such a characteristic could be construed as exceedingly bullish— or, merely an elongated phase of distribution preceding the eventual re-accumulation phase. --- I admonish any prospective investor in this coin, as it may undergo a substantial depreciation once Wave B has concluded later this year. --- A conservative estimate for Wave C's termination resides within the 0.08-0.1 vicinity— however, it is more plausible that it descends into the 0.03-0.05 region, signaling the ultimate capitulation phase of the bear market. 👇 Subsequent to this event, I envision Matic soaring to a minimum of $15. --- Wave B target = 2.22 Wave C target = 0.03 ✌
CRYPTO:MATICUSD
by notoriousbids
2
Polygon 🛠️ Holding 1.0159 ? Will We continue our uptrend on HTF's? IDK we will have to see if price ( 1.0159 ) Daily level will hold or we may fall into the depths below, the abyss. I can our next short targets being ( .9760 ) 4hr Level and ( .9382 ) Weekly level. I can see a short term range being created here to build up more liquidity to go to the upside. The prices for the range may be between 4hr zones ( 1.0069 and 1.0539 ) before seeing more upside as bulls gather liquidity.
COINBASE:MATICUSDLong
by ShrewdCatfx
MATICUSD one last pull-back before the $1.80 targetPolygon (MATICUSD) has been trading and closing below its 1D MA50 (blue trend-line) since March 02. It is within a Channel Up, repeating an easily recognizable pattern every time it drops and prices the Channel's Low for the ultimate buy. Currently, there is one last pull-back leg left on or slightly below the 1D MA200 (orange trend-line) in order for the 1D RSI to turn oversold around 30.00, before the new Low is priced. We will buy this pull-back and target $1.80 on the long-term. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:MATICUSDLong
by TradingShot
3
#MATICUSD - A Small Decline to Lower Bounds of TriangleAfter a test and rejection off upper bounds of a descending trend line we've received a Sell signal from Crypto Tipster v2. There's a nice level at around a 20% drop from the current price which has previous shown as Support/Resistance. This coincides with an ascending trend line nicely which is our target! What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
KRAKEN:MATICUSDShort
by theCrypster
11
Matic/USD, I will buy MATIC at $0.2!Greetings everyone! It's great to be back with another analysis. Today, I'd like to share my thoughts on the Matic/USD market. In my opinion, the current rally of Matic is presenting us with a favorable opportunity to establish a short position. The supply or resistance level is reportedly above $1.4, and as a result, I recommend short selling Matic at a price range of $1.4 to $1.5. In terms of spot trading, I advise against purchasing Matic until its value reaches the range of $0.19 to $0.2. It is important to always perform due diligence and exercise caution when making investment decisions. Stay safe and be sure to do your own research.
MShort
by RS_CryptoAnalysis
9
MATIC (Polygon): new investment opportunity?MATIC token, native crypto in the Polygon ecosystem, appears to be about to reach a very interesting technical level from an operational perspective. MATIC/USD: technical analysis The most interesting project of the moment is undoubtedly Polygon (MATIC), one of the most widely used networks by industry users and large technology players. The MATIC/USD cryptocurrency cross since July 2022 has been maintaining a sideways bullish trend overall despite the fact that the sector faced terrible declines last year. From a technical point of view, therefore, it presents a very interesting structure, especially if we take the 14-period RSI on a daily timeframe as our investment compass. In fact, since July 2022 every time the value of the indicator has reached the 40-point threshold the trend of the MATIC/USD crypto cross has reversed course returning to record new highs. MATIC/USD: operational cue According to some of our traders, it could therefore be interesting to monitor the trend of the MATIC token near the $1 numeral, a very sensitive technical level for cryptocurrency cross traders. Whales might in fact find interesting an increase in volumes that could occur near this level so as to be able to smoothly increase their positions in favor of MATIC.
COINBASE:MATICUSD
by cryptohubble