MATIC Surges 3% - Time to Long and Ride the Wave!MATIC token has experienced a remarkable surge, soaring up by a staggering 3% in just a short span of time! This is an exciting development that should not be overlooked, and I encourage you to seize this opportunity and consider going long on MATIC.
The recent 3% surge in MATIC is a clear indication of the growing strength and potential of this remarkable cryptocurrency. As traders, we are always on the lookout for promising opportunities, and MATIC has consistently proven itself as a force to be reckoned with in the market. This surge serves as a testament to the resilience and upward trajectory of this incredible token.
Now, you might be wondering why this surge matters and what it means for you as a trader. Well, let me tell you, it's time to get excited! A 3% increase may seem small to some, but it's the beginning of a potential rally that could propel MATIC to new heights. By going long on MATIC, you position yourself to reap the benefits of this upward momentum, potentially maximizing your profits in the process.
So, how can you take advantage of this exciting opportunity? It's simple! Consider opening a long position on MATIC, placing your trust in its potential for further growth. By doing so, you align yourself with the positive market sentiment surrounding this token, positioning yourself for potential gains as the price continues to climb.
Remember, the crypto market is highly dynamic and ever-changing. Opportunities like these are what make trading so thrilling and rewarding. However, it's important to always conduct your own research and exercise caution when making investment decisions. While MATIC's recent surge is a promising sign, it's crucial to analyze the market trends and indicators before taking any action.
As always, I encourage you to stay informed, keep an eye on the market, and make well-informed decisions based on your own risk appetite and trading strategy. Don't miss out on this exciting opportunity to long MATIC and potentially ride the wave of its upward momentum!
Wishing you profitable trades and an exciting journey ahead!
MATICUSDT trade ideas
Polygon (Matic)Matic break daily and weekly trend.
Buy the retest and you have a trade with huge upside where you could use a quite tight stop loss.
0.55 is a area of interest (buy-retest).
I think that I weekly close as a confirmation of the break should give Matic som fuel to move fast!
Long on retest of trend breakout Looking to build a long swing position if MATIC can make a retest around the yellow trend line it broke out of on this daily candle. BTC could settle down a bit this week. MATIC looks to have some early momentum. Just waiting for a small pull back for entries.
MATIC ShortBTC might need to cool off so looking for coins I like to short that are at resistance levels.
Matic/usdt.PerpetualFriends, let's watch some clips of currency growth. in that card, add ust perpetual.
from the graph, brake the press line. there is a character change in H4. The futrer may reach the upper resistance level.
MATIC Crypto Polygon Buy TP = 0.5497On the H1 chart the trend started on October 13 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5497
But we should not forget about SL = 0.4998
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
matic/usdt time frame : 4HHi my friends
I think the matic/usdt will follow this path in the 4 hour time frame.
(small fluctuations are not considered)
Be sure to stick to the stop loss
(This analysis is my personal opinion. Be sure to prioritize your personal analysis)
MATIC is Ready For an Explosive Bullish Move 🚀| MATIC Analysis💎 Paradisers, stay alert! MATIC/USDT is currently traversing a demand zone, and we are holding a positive outlook for a potential upward journey.
💎 In the past few days, its movement has been restricted to a specific range. It previously faced resistance at the bearish order block, close to the $0.52 level.
💎 Given its ongoing upward momentum, MATIC appears ready to challenge this level once more.
💎 Keep a close eye on the supply zone and the bearish order block discerned on longer time frames; these are probable targets in the short term for Polygon.
💎 However, if the MATIC falls below the demand zone and vital support, be ready for a potential downward shift.
💎 Stay vigilant and keep an ear out for more insights! 🌴
MATIC Road Map(1-Hour)🗺️!!!MATIC can reach 0.52, price completed its five waves, also completed its ABC correction wave , and now it is time for the five ascending waves to begin.
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
MaticusdtI'm looking here for a long position but as usual I'm waiting for the price to reach the price I want to buy from.
to made my analysis I used 4H time frame.
The position I want to take is as u see in the screen with sl and tp 1.3 RRR.
This is not a financial advice.
If U like my ideas don't forget to follow me.
Matic forming 4H Wyckoff Accumulation As of now i’m waiting to create a spring before executing for Long position.
#TYOR
#DYOR
0.3840-0.5620: Important boundary rangeHello?
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(MATICUSDT chart)
(1M charts)
The StochRSI indicator has entered the oversold zone and a change in slope has occurred.
Accordingly, the possibility of a trend reversal in the StochRSI indicator is increasing.
The key is whether the price can be maintained above 0.4010.
(1W chart)
On the 1W chart, the 0.559 point corresponds to an important support and resistance point.
Accordingly, the key is whether the price can be maintained around 0.559 and rise.
(1D chart)
With the 0.3840-0.5620 range as the boundary range, we believe that anything below 0.3840 corresponds to the mid- to long-term investment period.
Accordingly, if it falls below 0.3840, it is recommended to stop trading and wait for it to rise.
In order to reverse the trend, the price must be maintained by rising above the MS-Signal indicator on the 1M, 1W, and 1D charts.
Accordingly, the price must be maintained by rising above the M-Signal indicator corresponding to the MS-Signal indicator.
(MS-Signal indicator is composed of M-Signal indicator and S-Signal indicator.)
Since it has not risen above the MS-Signal indicator on the 1D chart, it has not been able to turn into a short-term upward trend.
Therefore, in order to turn into a short-term uptrend, the price must rise above 0.5620 and maintain the price.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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MATICUSD ❕ uptrendTrading volumes remain stable.
The price chart has formed an ascending structure.
I think that MATIC can continue the upward movement.
#MATIC/USDT is holding the bullish order block and bouncing from#MATIC/USDT is holding the bullish order block and bouncing from there in 4-Hour TF!
EURONEXT:MATIC is trying to break the Diagonal Trendline. I am expecting a bullish momentum if it holds Previous day high as a support.
The local support is PDL $0.5125. I am expecting $0.545 retest.
MATICUSDT Bearish IdeaThis is an Bearish Short Sell Idea of MATICUSDT that price can fall and can go down because of Simple RSI Indicator Divergence.
MATIC - Long ( 08 Oct - 15 Oct )Good luck to everyone! This analysis is for educational purposes only and does not constitute financial advice. Conduct your own analysis before making trading decisions.
MATIC longMATIC bounced off the lower boundary of horizontal channel. Bullish movement to resistance level at 0.57 is possible.
MATICUSDT-long -1hHave a nice day. Long transaction opened in Matic currency. With small loss limit and good profit limit.
MATIC's Market ResilienceOn October 12, 2023, MATIC is priced at $0.5090, holding strong in a shaky market. Polygon (MATIC) has caught the market's attention mainly because of its Layer 2 scaling solution for Ethereum. This has led to increased interest from institutions, new partnerships, and a positive outlook in the crypto market, propelling a 57% growth since the start of 2023.
Most Probable Scenario:
The technical analysis for MATIC shows mixed signals with both bullish and bearish outlooks. On one hand, the inability to reclaim the 50-day EMA has triggered a sell-off, hinting at a potential test of the crucial $0.49 support level. Additionally, a possible bearish flag pattern suggests a further decline towards the $0.50 mark. On the other hand, Elliott Wave analysis presents a bullish outlook, hinting at potential upward movement in the near term.
MATIC's price behavior has shown similarities to Ethereum's past price action, suggesting a possible strong rally in 2023 if this pattern holds. Like Ethereum, MATIC's price was positively impacted by a bearish reversal on the U.S. Dollar (DXY), which could play a significant role in its future price movement.
In the short term, analysts project a price of $0.54246 by October 12, 2023, and $0.745609 by October 14, 2023. However, the general sentiment is leaning towards a bullish outlook for MATIC in 2023, especially if it continues to follow a similar pattern to Ethereum.
This analysis brings together a range of technical and fundamental factors that could affect MATIC's price. Continuous monitoring of market dynamics, particularly the U.S. Dollar trend and Ethereum's performance, alongside MATIC's fundamental developments, will offer a clearer understanding of its future price trajectory.
To Uranus after the Moon (Bitcoin Chart-Art)Venturing through the labyrinthine tapestry of blockchain architecture with a symphony of algorithmic dexterity, our lunar conquest effortlessly transitioned into a transcendental odyssey to Uranus
(Bitcoin Chart-Art)
Inverse Cup and Handle - A Bearish Signal 🚫🐻There's a notable pattern emerging on the MATIC (Polygon) weekly chart that's raising eyebrows – an inverted Cup and Handle. This pattern is not to be taken lightly, as it signifies a strong bearish signal. If traders are considering short positions on this coin, they should watch for a retest of resistance and set their stop-loss orders above the pivot level. 📊
The Inverted Cup and Handle:
A traditional Cup and Handle pattern is usually a bullish indicator, but when inverted, it takes on a bearish connotation. In the crypto world, this pattern is a warning sign that suggests a potential price drop. 🚫🐻
Timing the Entry:
For traders looking to enter short positions on MATIC, patience is key. Wait for a retest of the resistance level before considering entry. This retest can confirm the strength of the resistance and provide a better entry point for short positions. 📉
Setting Stop-Loss:
Risk management is vital in trading. If entering a short position, set your stop-loss orders above the pivot level. This strategy helps limit potential losses if the trade doesn't go as planned. 💼🛡️
Final Thoughts:
The crypto market can be highly unpredictable, and technical patterns like the inverted Cup and Handle can provide valuable insights. However, it's essential to approach trading with caution and a well-thought-out strategy.
Traders should also stay informed about MATIC's fundamentals and any market news that could influence its price.
Bear in mind that trading in cryptocurrencies carries inherent risks, and it's essential to perform thorough research and use prudent risk management techniques.
❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
MATIC UPTDATE - Top down analysis.MATIC setup played out nicely now I am monitoring for a potential high risk against the trend corrective move. Entry confirmations are needed and if the market does satisfy my entry rules I will be entering with reduced risk due to the bearish momentum and trend.
MATIC Faces Rain 🌧️, Next 24 Hours Bearish Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Polygon, Ether, Cardano, and Polkadot may come under pressure.
Over a one-week horizon, the bearish trend will continue to linger over the crypto universe with Bitcoin being the notable exception. Slightly bullish sun ☀️ will shine over the world’s largest cryptocurrency with a possible upside in its price over this longer time horizon, ATTMO forecasts show.
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