MATIC/USDT breakout ??Matic reclaim 0.77 with good volume at current price trying to break out , entry at DCA box , one of good project didn't move as much as competitor in market .targeting 50% up move if breakout confirmed
MATICUSDT trade ideas
Keep an eye on $MATIC/USDTDid you find this crypto market analysis helpful? Stay updated about the latest crypto market update.
Please continue to follow my analysis and feel free to ask any queries, you may have. I am here to assist you.
TradingView: @FarmanBangashh
MATIC Polygon Uptrend continuation.MATICs chort term price action and trend analysis confirms more upwards momento in the following days.
[$MATIC] Beautiful short might be behind the door ...Show me your best short setup from here, and I will show mine. will let it go for a day or two since I think it will slowwly go up until friday, around what time to short(to be around) ? ... hint: in another idea ;)
MATICUSDTHi guys
I consider the above scenario valid only under the condition of maintaining the support range of $0.6884.
Be careful, we have network upgrade for February 6.
What do you think?
$MATICComplete life cycle breaking out of symetrical pattern
Wave 2 to 3 just getting started
$3 is coming up.
This was a mover in 2021 time to move again in 2024
4 year cycle
$MATICWave 2 complete starting wave 3
Elliot Wave 3 is the biggest wave. Using fibbonacci #s we can assume the wave heights.
We also have news tommorow.....aggregated unified polygon utility.
SHort term Trade idea in Matic Here it shows the short term trade movement in Matic BINANCE:MATICUSDT MEXC:MATICUSDT
$MATIC looks bullishCRYPTOCAP:MATIC is following the path for an explosion very soon. Keep an eye on this undervalued gem.
MATIC may rally 300 % It's long term analysis DYOR
You musdt have strong patiense to reach the TPs
all are shown on chart
Good luck !
Trading Opportunity Analysis on MATIC/USDTIntroduction:
Provide a brief overview of MATIC/USDT.
Highlight the current order block zone between 0.91 and 0.93.
Technical Analysis:
Identify the order block zone (0.91 - 0.93) as a potential entry point.
Use Fibonacci retracement (38% level) to confirm the entry point.
Set a tight stop-loss for risk management.
Reasons for the Trade:
Explain the decision to enter a position based on the order block zone and Fibonacci retracement level.
Justify the choice of a tight stop-loss to minimize losses in case of adverse market movements.
Profit Targets:
Identify resistance levels between 1.01 and 1.03 as profit targets.
Explain the rationale behind choosing these specific resistance levels.
Risk Management:
Discuss risk management, including position size relative to the total capital.
Emphasize the importance of the stop-loss in protecting capital.
Fundamental Analysis (if applicable):
Highlight any fundamental factors that may influence the MATIC/USDT price.
Provide information on recent or upcoming developments that could impact the trade.
Conclusion:
Summarize key points from the analysis.
Mention upcoming events to monitor for confirming or adjusting the position.
Disclaimer:
Warn about the inherent risks in trading.
Recommend conducting individual research before making any trading decisions.
$maticusdt may pull back 15%hate to trade shorts :) however Im expecting 15% down on BINANCE:MATICUSDT
entry and Tp prices at the chart. I will trade accordingly
Matic usdt. WHello friends, I hope you are well, we have matic currency chart in weekly time frame. As you can see, it is placed inside a triangle, if the bitcoin trend is upward, it can move in the path designed with blue color, otherwise, I imagine the red path. In the meantime, let me remind you that in the daily time frame, the chart has passed through the red Ichimoku cloud and is pulling back.
Please share your comments and support this idea with a like.
Thank you
Matic usdt wHello friends, I hope you are well, we have matic currency chart in weekly time frame. As you can see, it is placed inside a triangle, if the bitcoin trend is upward, it can move in the path designed with blue color, otherwise, I imagine the red path. In the meantime, let me remind you that in the daily time frame, the chart has passed through the red Ichimoku cloud and is pulling back.
Please share your comments and support this idea with a like.
Thank you
Matic Long SetuoMatic is currently forming a CVD absorption divergence. If the low is held, the take profit (TP) is at the last high.
Have fun and good luck!"
Matic bildet gerade eine CVD Absorption Divergenz. Wenn der Low gehalten wird ist der TP beim Letzten High.
Viel Spaß und viel Glück
Matic Long Term SetupHello everyone (whoever follows or aware that I exist),
I believe Matic will claim 1.34 in a month. We can expect a small correction from around there and then the last impulse move will occur.
All targets specified.
Good luck to us all.
Polygon Peaks | Head & Should Pattern (Correction Explained)Polygon (MATICUSDT) is now preparing for a lower low.
Three peaks in succession is a common top signal and many people read it as Head & Shoulders, but truly as long as three peaks show up it can signal that a reversal is about to take place. It also works at support.
➖ The first peak happened in November.
➖ The second peak December 2023.
➖ The third and last peak happened February 2024.
The third peak is a lower high compared to Dec., coupled with decreasing volume.
The peak was hit yesterday so it is early for this move.
The down wave can take several months to fully develop.
Some pairs will retrace for a few days at maximum while others will do it for 1-3 weeks. The big ones and those that grew really strong can enter a corrective phase and move down for months. Bitcoin for example can move lower for 4-6 months... This is a possibility that I am starting to see.
On the other hand, we can have a flash crash and everything is over within three weeks... For this, we have to wait and see.
What we do know for certain is that the market tends to correct after a long period of growth.
2023 was the recovery year and 2024 the bull-market.
The correction will set the stage for the next major bull-market.
Namaste.
Matic Trendline Breakout Long Long!!Hello Traders i hope you are doing well
Matic Breakout from strong trendline and now next target will be 1$ and 1.6$
MATIC - Bullish Flash on THIS Indicator 📢📉Hi Traders, Investors and Speculators of Charts📈
If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - we just saw a bullish "BUY" signal flash on the weekly from a powerful indicator!
Polygon is unique in that it's a blockchain platform designed to work with another blockchain platform. It improves Ethereum's scalability - which we all know if the biggest problem of ETH. ETH dApps can use Polygon's sidechains, thereby making it a functional and fundamentally great choice as an altcoin asset.
One of the exciting things about Polygon is the partnerships it has established. Many big brands are working with Polygon to launch their NFT projects. Current partners include:
✅ Walt Disney
✅ Starbucks
✅ Meta Platforms
✅ Nike
✅ Mercedes
✅ Google
✅ Adidas
✅ Adobe
✅ Mastercard
✅ Reddit
While it might not pump as hard as other altcoins, it's also far less likely to fail than smaller , newer cryptos with similar aims - and it still has plenty of room to grow. Its partnerships make it an interesting buy for those who are interested in a well diversified portfolio, containing assets with real-world use case and strong fundamentals.
A possible scenario like this seems possible IF we can maintain closing daily candles ABOVE the diagonal trendline (support):
A drop and CLOSE UNDER this zone invalidates short term bullish sentiment:
If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:MATICUSDT
Analysis for MATIC/USDT Market Overview:
The MATIC/USDT cryptocurrency pair is currently under examination for potential trading opportunities. This analysis aims to provide insights for traders considering a selling position at a specified price of 1.000 USDT.
Technical Analysis:
Historical Trend:
The historical trend indicates a recent upward movement in the MATIC/USDT pair.
The price has approached the 1.000 USDT level, raising the possibility of a key resistance zone.
Technical Indicators:
Key technical indicators, such as the Relative Strength Index (RSI) and Moving Averages, need to be monitored for signals of potential overbought conditions or trend reversals.
Chart Patterns:
Identify any significant chart patterns, such as triangles or channels, that may influence the future price movement.
Fundamental Analysis:
Trading Position:
Position: Sell at 1.000 USDT.
Justification:
The selling position at 1.000 USDT is chosen based on the observed historical trend and the potential resistance level at this price. Traders should closely monitor technical indicators and fundamental factors for confirmation.
Risk Management:
Stop-Loss: Implement a stop-loss strategy to limit potential losses in case of adverse price movements.
Risk/Reward Ratio: Evaluate the risk/reward ratio to ensure a balanced and effective risk management approach.
Conclusion:
This analysis serves as a starting point for traders considering a selling position in MATIC/USDT. It is crucial to stay informed about market developments and adjust the strategy accordingly. Trading decisions should be based on a comprehensive understanding of both technical and fundamental factors.
Note: Always adapt the analysis to real-time market conditions and conduct thorough research before making trading decisions.
[MATIC] Time for the Bull ?After a long time almost side way or on a downside move, it's probably the moment for a new push soon.
The wall around $0.8 with it huge fake break-down lead to a push to the up. For me this can be the start of the move I am waiting since a while.
We need price to break the $1.0930 level with strenght to confirme this move, otherwise it will be better to close this entry and wait for a new entry point.
Great Trade !
MATIC Buy Trade Blueprint: Seizing the Moment for Maximum Gains ## Polygon (MATIC) Recent News and Disclaimer:
**Disclaimer:** I am not a financial advisor and this is not financial advice. Please do your own research before making any investment decisions.
**Recent News:**
* **February 17, 2024:** Polygon zkEVM mainnet beta launch announced, enabling faster and cheaper transactions on the Ethereum network.
* **February 15, 2024:** Polygon Studios announces $100 million Web3 gaming fund to support game developers building on Polygon.
* **February 14, 2024:** Decentralized exchange SushiSwap migrates to Polygon, bringing increased liquidity and trading volume.
* **February 9, 2024:** Polygon partners with Mastercard to enable seamless fiat-to-crypto payments for millions of users.
* **February 7, 2024:** Polygon integrates with Chainlink Price Feeds, providing secure and reliable price data for DeFi applications.
**Overall Sentiment:**
The recent news around Polygon has been positive, with several major partnerships and developments announced. This has led to increased investor interest and a rise in the price of MATIC. However, it is important to remember that the cryptocurrency market is volatile and past performance is not indicative of future results.
**Additional Notes:**
* Polygon is a Layer 2 scaling solution for the Ethereum network, aiming to address Ethereum's scalability issues.
* MATIC is the native token of the Polygon network, used for gas fees and network governance.
* The current price of MATIC is around $1.10 (as of February 19, 2024).
I hope this information is helpful. Please let me know if you have any other questions.
MATIC ON THE PRICE REGULATION CHANNEL As seen on the daily chart, the price is in some sort of regulation zone. I marked the resistance areas within the scope of an upward break.
