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MATIC Network / TetherUS

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MATICUSDT trade ideas

MATIC/USDT planning upward journey what's in your mind?💎 Paradisers, get set for a promising opportunity with #MATICUSDT as it faces a setback from the supply zone, suggesting a strong chance for a bullish rebound from the demand level. 💎 Historically, we've seen supply transform into demand, propelling the price upward. Currently, #Matic surpassing robust supply zone $1.0535 a strong chance for a bullish pivot from the current demand level. The asset's robust position above the ema55 is signaling a potential uptick. 💎 On the flip side, should the $POLYGON dip below the $1.0535 demand level, we could see a shift towards a bearish trend it time to revise strategy a bullish rebound expected from lower demand $0.8318 droping below casue donward.
MLong
by MyCryptoParadise
1
MATIC may advance further this weekMATIC may advance further this week During this week Matic broke out from a strong key resistance zone located near 1.0900 So far the price is holding very well above the new support zone by opening the doors for more upside movement. Considering that it didn't move during the BTC bull run and the fact that it's a great project we may see Matic rising after the others. You may find further details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
MLong
by KlejdiCuni
4
✴️ Polygon Revisited | Long-Term Bullish Potential Revealed!I am removing my caution/precaution filters... We will have a fresh look at Polygon (MATICUSDT), the chart deserves an unbiased and updated analysis and so we zoom out and focus on the long-term. Looking at MATICUSDT on the weekly timeframe, we can see that the current session hit the highest price level since April 2023. Back to basics: ➖ Bear-market bottom June 2022 (low). ➖ Recovery year bottom September 2023 (higher low). I don't know if you remember a few months back but we would go through hundreds of charts together and signals would start to repeat. Initially it was all about moving above EMA10 daily and a strong volume breakout. Then it evolved to a break of EMA50 daily as resistance, this was a big one together with the classic MACD bullish cross. A bullish divergence with the oscillators such as RSI and MACD is another signal we looked at frequently and it helped us predict support levels and bottoms; helped us predict a trend reversal but these are not as relevant as before because we've been bullish for month. We are now looking for continuation signals such as rising channels, ascending channels, triangles, flags and... Keep reading below! As the action continues to develop, we are now looking at it weekly and the main signal across all bullish charts is a break of EMA100 as resistance; this is present here for MATIC as well as the rest of the chart we've been looking at lately. This is a strong development because massive, long-term growth action can only happen above this level; we are super bullish long-term and for the entirety of 2024. The bull-run phase will happen in 2025 but still, higher highs and higher lows. The strong target is $2.22. There are several resistance levels before reaching this price as is normal, on the way up; such as $1.33 and $1.55 but this is a wave that can take months. 👉 After $2.22 we have $2.65 and $3.33 is also possible in 2024. A new All-Time High can push prices beyond $7.65 but it can go higher, much higher who knows but it is still early for us, so we are happy with the close targets and we will focus on the higher ones after June/July 2024. A super-cycle as in the early days of Crypto can break all patterns and send prices off the chart. Namaste.
MLong
by AlanSantana
MTICUSDT Analysis: Buying Perspective1. Introduction: The MTICUSDT trading pair currently presents a potential buying opportunity, with the entry price set at 1.0727. 2. Justification for Buying: The decision to buy is grounded in the observation that the current price is testing a former resistance, now acting as a robust support. This transition implies a bullish momentum. 3. Exit Target: The exit target is set at 1.1881, based on the anticipation of a continuation of the upward trend. This value represents a strategic point for realizing gains. 4. Risk Management: A prudent stop loss is established at 1.0475 to safeguard the position against potential market reversals. This measure aims to limit potential losses and maintain a disciplined approach. 5. Technical Analysis: Technical analysis supports the bullish perspective, emphasizing the strength of support at the former resistance and the likelihood of a continued positive trend. 6. Factors to Monitor: It is essential to monitor market developments, economic news, and global events that could influence the MTICUSDT pair. Conclusion: In summary, the analysis suggests a buying opportunity on MTICUSDT, with a balanced approach between potential gains and risk management. However, ongoing vigilance and adaptability to changing market conditions remain crucial.
MLong
by CRYPTO_SETUP
MATIC - will there be further increases?Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
M
by cryptodailyuk
1
MATIC: Both Scenarios Are PossibleMATIC: Both Scenarios Are Possible Considering Matic's price position, both scenarios are possible. If the price will develop below the red zone of 1.0940, there is a higher chance of falling again. If the price bounces above 1.0940 then it will continue with a bigger bullish move. So for the bullish move is required confirmation. In my opinion, it can move down with the sell-off that BTC can create during the bearish correction. The market is not stable yet. You may watch the video for further details! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
M
by KlejdiCuni
2
Matic vs TetherMATICUSDT BINANCE:MATICUSDT ⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities. ✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
MShort
by Arash-RK
Polygon (MATICUSD): EXTREME Potential Long-Term Opportunity Matic presents a similar narrative to PolkaDot BINANCE:DOTUSDT . Since the low, marking our Wave (2), we find ourselves engaged in an overarching Wave (3). Currently, we're contemplating a completed Wave 1 scenario, and the path ahead entails a Flat correction for Wave 2. This Wave 2 correction is anticipated to pivot between 50% and 78.6%. A breach beyond the 78.6% level could lead to a decline towards the $0.50 mark. If this level is breached, further downward movement may unfold, painting a bearish scenario. Nevertheless, a positive turn within this range could pave the way for an upward journey towards $2.50. :stock_up: We possible could never see this opportunity and price ever again. So load up your bags!
MLong
by freeguy_by_wmc