#Matic #MaticusdtIt is moving in a descending channel. With the failure of the neck line, this pullback can be the return to the broken structure to continue the path and the bottom of the channel of the specified support range.
MATICUSDT trade ideas
📊#MATIC double bottom targets were all achieved, cautious📉🧠After all our double bottom targets were achieved, we formed a smiley bearish structure above the resistance zone. Yesterday's rise was not strong, and we did not successfully break through the resistance zone. Therefore, we believe that the probability of continuing the decline is greater than the probability of rising, so it is very reasonable to continue to fall to achieve the target of the bears. After achieving the goal, the lower buy zone is worth paying attention to.💥
Let's see👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
MATIC CORRECTION MOVEMENT Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
MATIC APPROACHING OUR SUPPORT AGAIN!
As we can see price is trading inside this falling channel making clean lower lows and lower highs.
Meanwhile, price is approaching a strong support zone, where we will be looking for new longs.
Moreover, and as per my trading plan, i will be waiting for a new swing high to be formed around our falling trendline then a break, if this happens, then a movement higher again would be expected.
Until that price is still overall bearish and can still trade lower.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Looking For Resistance Break on MATIC For a LONG Trade. Currently looking for a bullish swing trade on MATIC's 1HR timeframe. Using the Logical Trading Indicator V.2, the BUY signal fired with a bounce from a demand zone, which is showing a possible bottom for the current down trend.
Only Time will tell though. I am looking for MATIC to break the .86 level then flip it from resistance to support. When this happens, I will start average into the trade.
I also day trade MATIC using leverage on ApolloX exchange, which is a DEX on BSC (Binance Smart Chain), but I have a stack that I like to use for spot swing trades to hedge my day trading risks.
In my personal opinion, we are done with the crypto bear market and are just working our way back up, building market structure as we go.
My little personal disclaimer...
This is definitely not financial advice... Crypto trading comes with some big risks, so make sure to do your own research and analysis! This is just what I am looking at for my own trades, so if you follow me into battle, and you lose, that means I do too. Can't be right all the time, but I do my best!
MATIC IS DOWNmatic is designed with a head shoulder, we will possibly have it visiting, at around 0.62 cents
$MATICGot on a short position that counts for 1.76 R.
I also expect a correction in the market and BTC.
MATIC HEAD & SHOULDER TRIGGERED MATIC DOES LOOK GOOD TO ME.
Matic Heaf & shoulder pattern has confirmed triggered. it can take little pull back to trend line but overall it’s heading down side.
this is NOT financial ADVICE...
NEXT STOP FOR MATIC IS 0.58 TO 0.60 AREA.
I AM EXPECTING A LITTLE BOUNCE FROM HERE THAN I LL aggressive GO SHORT TO MATIC
Matic "Head & Shoulders" pattern formationIt looks like MATIC formed a head-and-shoulders on its 4-hour chart!
A sustained candlestick close below the pattern's neckline at $0.79 could trigger a 16% correction toward $0.67. Invalidation of the bearish outlook comes with an upswing above the right shoulder at $0.86.
Altcoins bleeding (MATIC)Matic also looks like it is about to correct. The current level has a lot of support relative to other recent areas. After rejecting the .5 fib the token could fall rather harshly here. 2 EMAs are alrdy fully pointing downward and the longer term averages are coiling. RSI broke long-term trend and volume has fallen harshly. Matic could fall as low as 65 cents.
Matic - Watch out for this deeper pullbackI'm not a big fan of patterns... but this one is quite obvious, almost too obvious, but here we are.
Think we would have seen a deeper pullback on Matic nonetheless, looks topped out to me. So we might see a 20% drop coming days.
Stay safe!
MATIC buy at range lowHello traders,
during the last few days we saw price of Matic reversed from resistance around 0.93 cents. Until the price stays below this level I am expecting to see a continuation lower. If price gets to 0.56 cents, it's good area to buy with target at 0.934$.
MATIC Sellers gaining momentumIn recent market activity for the Matic token, a reversal pattern known as a "head and shoulders" formation has emerged. This pattern typically signals a potential trend reversal, indicating a shift from bullish to bearish sentiment. The formation consists of three peaks, with the middle peak (head) higher than the two surrounding peaks (shoulders). In this context, sellers are gaining momentum, and there's a growing indication of a bearish market trend.
If the hanging man confirms, you can have the price going down to the next support around 0.79
Matic Head & Shoulder Pattern - Short | Target $0.60This is matic USDT analysis. It's trying to form H&S pattern. Possible it will Drops below 0.77 and upon confirmation around the same region. Will give option to Take a short.
If you are willing to take a short.
Entry: 0.78
Target: 0.60
SL: 0.89
MATIC/USDT 4HInterval Chart Hello everyone, I invite you to review the MATIC chart also at a four-hour interval. As we can see, the price has overcome a strong downward trend line, and is currently moving in an upward trend, staying on the trend line.
In this situation, we will start by checking the resistance levels and here we can notice that the price has been rejected from the resistance level of $0.97, only when it is overcome will we have an open path towards the resistance zone from $1.08 to $1.16, which should lock the price against a larger increase.
Looking the other way, we can similarly determine support areas and here we can see that the price remains in the first support zone from $0.83 to $0.78, while when this zone is broken, we can see the price return to the second zone from $0.67 to $0.58.
The CHOP index indicates that there is still energy for further moves, the RSI indicator remains in a downward trend with room for the price to go lower, also when we look at the STOCH indicator we can see a strong rebound with room for the price to go slightly lower.
MATICUSDT- REAL GOLDWhat project is stronger than Metic? The best project for medium-term and long-term investment outside of these discussions, futures at the price of 0.80 gives a good position. 0.90 exit for short term target and $1.20 is good for medium term. 0.80 price is a good price for spot buying.
MATIC H&SMATIC just doesn't have the volume as the other ALTS. This baby is running a H&S before it moves into its curve. I doubt we see much volume for a while causing use to dumppp. Enjoy
How i find levels and made 100% on MATIC tradeUsing technical analysis to find levels to get into a long trade.
I use trendlines, VRVP and fib levels to find the levels in this example.
MATICUSDT.PHello Trader BINANCE:MATICUSDT.P
the potential of the chart shows that there is a right soulder to form and when the area is valid head and soulder can be sure the chart can decline because it has been bullish periodically.
Please add a comment and Positive feedback and
constructive criticism are important to authors and the
community.
Disclamer: Not Financial Advice
