MATICUSDT - The Perfect Breakout MATICUSDT is trading at key areas, previously starting on 8th August it was trading in a range, which as you may know is a BAD time to enter, we need big volume candles either sell or short side, causing a definitive move.
WE DO NOT ENTER RANGES UNTIL BREAKOUT.
Here we can see that MATICUSDT was trading at a range of 0.43 - 0.39 for approximately 12 days. Then the magic happened, it finally had it's breakout.
Notice how the candles on the breakout were huge VOLUME CANDLES, that is exactly what we are looking for to enter trades.
This is a fantastic trade to learn from, take your time, the trade will come!
MATICUSDT trade ideas
Polygon (MATIC) grows amidst new token introduction. What's nextPolygon (MATIC) has been among the top five outliers on the daily and weekly price charts. Since last Friday, MATIC has risen by nearly 20%, while the rest of the market has remained sideways.
That’s not all though as in what is now a new update, Polygon will change its native token from ‘MATIC’ to ‘POL’ on 4 September. The exchange ratio will be 1:1 for MATIC to POL. According to the Polygon team, the transition aims to make POL the gas and staking token for the ecosystem. It could be expanded to cater to Polygon’s aggregation platform (AggLayer).
On the daily chart, MATIC was bullish as it mounted above the $0.42-level. Since 16 August (last Friday), MATIC has embarked on an extended recovery that netted almost 20% gains, at the time of writing. This reversed most of its August losses.
MATIC was trading at $0.47, at press time, and had to clear two key resistance levels to hit the supply area at $0.55. The immediate hurdles were at $0.49 and $0.51. Given the massive buying pressure shown by the RSI (Relative Strength Index) cruising above its average level, these targets could be hit.
At the same time, the Stochastic RSI was overheated as it was in the overbought territory. Hence, a cool-off couldn’t be overruled for MATIC’s rally. Also, the $0.46 and $0.42 levels were key short-term supports to consider if the rally cooled off.
So, MATIC’s extended recovery could face headwinds at $0.51 or $0.55, key resistance levels which could attract sell pressure.
Lingrid | MATICUSDT tested June 2022 HISTORICAL Support LEVELBINANCE:MATICUSDT has reached the demand zone that was last tested in June 2022. The market formed a long-tailed bar on the weekly timeframe, indicating level rejection and a potential bullish move. Additionally, it broke and closed above the accumulation zone, which is another positive sign. I believe the market may rise to retest the resistance if the price remains above the 0.400 level. I expect it to break through the channel and continue its bullish trajectory. Keep an eye on the closure for August, as the price action on the monthly chart is creating another significant long-tailed bar. My goal is the resistance at 0.500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
$MATIC rebranding to $POLMATIC (Polygon) has seen a significant surge with 58% increase from the low.
A bullish weekly candle is being printed after bouncing from its higher timeframe support zone.
CRYPTOCAP:MATIC is rebranding to POL on the 4th of September.
Rebrands are usually bullish, and if we can clear $0.60 overhead supply, we can see MATIC hitting $0.70 (single prints & vwap) or even $1
Matic Bullish?We have buy and Fbuy prints. So what's cooking up? It's coinbase news that Matic is going to be rebranded as Pol. Imagine the last ATH was just under dollar 3. So anything is possible DYOR
Targets 1 and above
SToploss: You choose, we are already safely in.
Polygon (MATIC) 778 Days Higher Low, Prepares For 1,500% BullishGood morning my fellow traders, and this is a good morning based on this amazing chart/opportunity that I am seeing right now.
Polygon (MATICUSDT) is in the process of confirming a long-term higher low. This higher low has been in the making for more than two years; two years and two months to be exact. This is a major bullish signal.
This type of action/development can lead to massive bullish action. We will therefore look at short-term vs long-term targets for this pair... Follow me!
Let's start with the short-term.
👉 MATICUSDT can move up and hit within months a target of 300%.
Mid-term, it can reach 840% easy.
Now, let's consider the long-term potential.
👉 MATICUSDT can move to hit $7.64 as a new All-Time High in 2025 or higher. Considering its current trading price, this would be equal to a ~1,500% growth potential. Amazing numbers. With 2-3X lev., we can get to 3,000-4,500%.
This is just one of countless opportunities the cryptocurrency market has to offer.
Get ready. Buy and hold safe.
We will have massive fun, and profits, and growth next year and in the years to come —Cryptocurrency is here to stay.
Learn, study, plan now... Focus on the long-term.
Success is yours.
You are good, you are wise, you can do this; be strong.
Namaste.
MATICUSDT MOVING ACCORDING TO PLANPAIR : BYBIT:MATICUSDT.P
Leverage: 5X
Direction: LONG 🔼
SL: HODL
TP: 0.5800
ANALYSIS:
Market Cypher B: 1D TF✅
Bull Bear Power: 5HR TF✅
Nearest Resistance: 0.4600
Nearest Support: 0.2700
⚠️#DYOR
follow me for more updates, follow me in all socials, including TG....
MATIC's MINDS Intradays Long and Short 19/08/24Long and short above POC and wainting confirmation in LTF
invalid trade. pero tama ang trade ideatama ang trade idea na naset pero nag invalidate ang tradde set up
Matic looks like the big double bottom is in.Easy winner! when stage 3 crypto bull run starts, relative strength is impressive compared to most bear market drops on other cryptos, we went from the monthly time frame to the weekly, on this chart, Matic is a strong layer 2 platform that solves many Ethereum issues, watching this one close.
MATIC ON A SOLID SUPPORTas you can see from the chart matic price has been reached to 0.3 level which is strong level to reflect in long term , waiting buy signal on the daily frame.
Matic Bull Pennant! PRICE TARGET $65No need to explain this massive bull pennant! The image says it all!
lets Buy some Matic for now !!!BINANCE:MATICUSDT BINANCE:MATICUSDT
Hellow everyOne
as you can see in chart We are facing with a powerful magnific FVg in Weekly time frame
so price if want to go up or even go down needs to fill this FVg
as you see in Daily time frame we have 2 engulfing bullish candles.
Good funds would pumps the coin
FVG W1 : 0.44$ - 0.48$
Entry Price : Right now : 0.42$
Do not Forget " Money management makes you rich not Gamboling "
Follow us in each Platform you Want : #TradeWithMky ♥
MATIC - 4H Chart Analysis - Trading Inside the channel#MATIC/USDT #Analysis
Description
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+ The price is currently trading within a channel and has successfully bounced back from the lower boundary.
+ A strong breakout from this channel could drive the price higher.
+ We can enter a long trade at the current price and place the stop-loss (SL) below the support zone.
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VectorAlgo Trade Details
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Entry Price: 0.4240
Stop Loss: 0.3851
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Target 1: 0.4491
Target 2: 0.4783
Target 3: 0.5036
Target 4: 0.5604
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Timeframe: 2H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
MATIC Price Update and Analysis in Weekly TimeframeMATIC hit the lower support level as expected. Since our previous update, MATIC has dropped 30% and is currently holding within the support range of $0.316 to $0.387.
It is crucial for MATIC to hold this support because if it fails and breaks down, things could turn out poorly.
Key Observations (Remains the same):
~ Lower Support/Entry: $0.387
~ Liquidity Level: $0.316 to $0.387
~ Resistance: $0.9860
~ Long-term Target: $2.923 (All-time high)
DYOR. NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
Matic Swing Short idea, This might be nice swing short on matic, if BTC follows plan
push through trend (as most of crypto is doing currently), then tag supply, get below trend with bearish retest.
above 6 weeks away.. but patience is key for swing trades.
MATICUSDT 1D#MATIC has bounced perfectly off the lower line of the falling wedge pattern. Expect a 300% growth in the event of a solid breakout above the pattern.
#Matic 1W chart;CRYPTOCAP:MATIC 1W chart;
On the weekly chart, we can see that the balance of February 2023 and March 2024 levels on the RSI side is not reflected in the price (red circles).
It is now at a serious support level and it also seems to have started a bullish pattern from these levels.
As long as it sticks to the stop level, it will not be a surprise to see sharp upward rises after the squeeze between it and the downtrend line it will enter.
The ratio between the pattern target level is 200
However, we can consider OB-FVG regions as a profit-taking level beforehand.
MATICUSDT 1WMATIC ~ 1W
#MATIC Layer 2 which was successful in its time today is at its strongest support.
If you have confidence in this Token, this is the right time to start buying, at least for a minimum 20% increase.
MATIC/USDT Daily Analysis: Fibonacci Retracement LevelsThe chart you provided is a technical analysis of BINANCE:MATICUSDT (Polygon to Tether) on a daily timeframe. The analysis utilizes Fibonacci retracement levels, a popular tool used by traders to identify potential levels of support and resistance based on historical price movements.
Key Components of the Chart:
1. **Current Price**:
- **MATIC/USDT Price**: The current price is highlighted as **0.4141 USDT**.
2. **Fibonacci Retracement Levels**:
- **0.382 (38.2%)**: **0.6993 USDT** (TP1)
- **50.0%**: **0.8121 USDT** (TP2)
- **0.618 (61.8%)**: **0.9249 USDT** (TP3)
- **0.786 (78.6%)**: **1.0855 USDT** (TP4)
- **1.0 (100%)**: **1.29 USDT** (TP5)
These levels indicate potential price targets (TP1, TP2, TP3, TP4, TP5) where MATIC might experience resistance during an upward move from the current price.
3. **Heikin Ashi Candles**:
- The chart uses Heikin Ashi candles, a type of chart used to filter out market noise and better visualize the trend direction.
4. **Technical Indicators**:
- **Open Price**: 0.4059 USDT
- **Close Price**: 0.4028 USDT
- **Change Percent**: +0.4488%
- **RSI (Relative Strength Index)**: 22.0833 (indicating that the asset might be oversold)
- **ATR (Average True Range)**: 0.0293 (measuring market volatility)
- **Volume**: 52,625,635 USDT (shows the amount of MATIC traded)
5. **Moving Averages**:
- **SMA50**: 0.5154 USDT
- **SMA100**: 0.5997 USDT
- **SMA200**: 0.7533 USDT
- **EMA50**: 0.5207 USDT
- **EMA100**: 0.5937 USDT
- **EMA200**: 0.6763 USDT
These simple and exponential moving averages are used to smooth out price data over specific periods (50, 100, 200 days) to help identify the overall trend direction.
Analysis:
- The Fibonacci levels suggest potential resistance points where MATIC might encounter selling pressure during a recovery.
- The RSI indicates that the asset is currently oversold, which might suggest a potential buying opportunity if it aligns with other indicators.
- The ATR shows relatively low volatility at the moment.
- Moving averages are all above the current price, which generally suggests a bearish trend.
Summary:
If MATIC starts to recover, the chart indicates that traders might look at the Fibonacci levels (starting with 0.6993 USDT at the 38.2% retracement) as potential targets for profit-taking. The RSI's oversold condition might suggest a potential for a bounce, but traders should consider other factors and indicators before making decisions.
Polygon Pre-2025 Bull-Market Accumulation Zone & StrategyThis is so easy...
How are you feeling today?
I hope that you are having a wonderful day and week.
MATIC (Polygon), is so easy right now.
Let's do some TA (technical analysis) for this one.
➖ On the 5th of August, we have the highest bearish volume bar in years. If we compare this to June 2023 and May 2022, we can immediately start to deduce that the current market correction is reaching its end.
➖ In June 2023, after a similar drop and rise in volume, a small bounce happened followed by a long-term retest of the same low and then a major bullish wave.
➖ In May 2022, the drop and rise in bearish volume was followed by a lower low and then a strong rise (a major bullish wave).
👉 In both cases, the period after the initial increase in bearish volume, the period after the main major low, activated the "accumulation phase/zone." This is the time to load up in anticipation of a massive bullish wave.
There is something quite different when we compare the August 2024 drop with previous drops; This one precedes a full-blown bull-market, while the previous two preceded small waves compared to 2021.
👉 Our projections and predictions, based on market cycles and the charts, indicate that Polygon (MATICUSDT) is set to grow massively in 2025, something similar to 2021 but better. Since we have a long-term higher low, we can expect a higher high; aka. a new All-Time High. ATH potential goes to $7.64.
Strategy: Buy and hold thinking of sustained long-term growth.
Now, trading for success is very simple. There is no complexity. There is only one action and one action only can be taken at a time. It is like your mind, you can only think/focus on one thing at a time; the same is true for trading.
➖ You can either buy or you can sell. Nothing more can be done.
Selling is out of the question if we are considering long-term growth; if we are expecting and predicting a major bull-market, and this leaves us with one choice only; one option, buying. I can only buy. Once bought, that's it.
➖ The rest is all a waiting game.
What is your life now?
What do you do now for fun and entertainment?
Whatever it is that you do, you can keep on doing the same.
Leave your Altcoins sitting safely in your wallet while the market takes care of the rest.
Once prices are high, high, high, high up... There is only one option left. There are no two choices, like your mind, just one. That one is selling and it doesn't necessarily needs to be at the top.
👉 One can sell at any level that is higher than the level used to buy the year before.
My strategy: Buy throughout 2024. Sell after 8-16 months. The chart and market will give the signal for when the time to sell has come.
As much as possible can be bought within the "accumulation zone," or anywhere for that matter because we know that Cryptocurrency is set to conquer the whole world.
Thanks a lot for your continued support.
Namaste.
big bullflag has sub 40c matic lows before moonliquidity rests below the total anchored vwap, thats is also the range 8th and mega bullflag bottom
we could easily see matic under 40c before the next big leg up to ATH
