RR=2.7 Buy ideaprice bounced on support level + bullish butterfly pattern + RSI Divergence ; expecting the price to rise in order to retest the 0.75$ level
PS never risk more than 2% of your capital per trade
MATICUSDT trade ideas
MATIC/USDT Ready For a Bullish Reversal the Key Support💎#MATICUSDT is navigating an ascending channel and is currently poised to retest the channel's lower support. We anticipate that the support at $0.674 will hold and set the stage for a bullish reversal that could reach the channel's upper resistance.
💎However, if #Polygon fails to maintain the $0.674 support and breaks below, this could signal an extended downward trend. The subsequent critical demand zone at $0.630 is vital to watch, known for its strong liquidity and history of catalyzing significant upward movements.
💎On the other side, if CRYPTOCAP:MATIC revisits this demand zone, securing a strong rebound is essential to sustain support. Failure to rebound could intensify bearish momentum, worsening market sentiment, and potentially leading to further price declines.
💎Stay alert and ready to adapt, Paradisers. Your ParadiseTeam is vigilantly monitoring and prepared to guide you through the volatile dynamics of the #MATIC market.
MyCryptoParadise
iFeel the success
Will MATIC move towards $1.6Altcoins 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.
MATIC will go to ZERO. MATIC Cryptocurrency Report
Recommendation: Sell
Reasons for Selling:
Ecosystem Funding Depletion: The MATIC ecosystem is experiencing significant financial strain, with funding sources drying up. This lack of capital is hindering further development and growth initiatives.
Lack of Results Despite Longevity: Despite being in operation for over six years, MATIC has failed to deliver substantial results or achieve significant milestones. This prolonged period without meaningful progress raises concerns about its viability and future prospects.
Ethereum ETF Approval: The recent approval of the Ethereum ETF presents a major competitive threat. With Ethereum gaining more institutional support and investment, there is a growing possibility that alternative chains like MATIC could become obsolete.
Given these factors, we advise investors to consider selling their MATIC holdings to mitigate potential losses and reallocate their investments to more promising opportunities.
MATIC USDTPOLYGON (MATIC)
we are on ABC wave i predict the price to touch 0.8500
and i can see the triangle wave in wave B this shows we will be in bull wave
Matic LONG🐮 Matic is seeking upward movement as it consistently achieves higher highs and converts resistance into support.
MATICUSDT.4HBased on the technical analysis of the MATIC/USDT 4-hour chart provided, here’s a detailed and professional first-person analysis in English:
Upon examining the MATIC/USDT 4-hour chart, several key technical indicators and levels emerge, providing insights into potential price movements.
Trend and Resistance Analysis:
The chart shows that Matic (MATIC) has been in a consolidative phase with the current price around 0.7497 USD. The price is currently trading between the support and resistance levels, attempting to break above the immediate resistance level marked as R1, around 0.9511 USD. A successful breakout above this level could lead the price to test the next significant resistance at R2, which is around 1.2900 USD. The overall trend shows a gradual upward slope supported by a rising trend line (S1), indicating increasing buying pressure.
Support Levels:
On the downside, the primary support level is identified as S1 at 0.5885 USD. This level has shown strong buying interest previously and could act as a floor if the price starts to decline. The rising trend line further reinforces this support level, suggesting strong demand around this price zone.
RSI and MACD Indicators:
The Relative Strength Index (RSI) is currently at 50.72, indicating a neutral position. The RSI is in the middle range, suggesting that the market is not overbought or oversold, allowing for potential upward movement. The Moving Average Convergence Divergence (MACD) indicator shows a neutral to slightly bullish trend, with the MACD line (blue) close to the signal line (orange)
and the histogram indicating minimal momentum. This suggests that while there is no strong momentum currently, the potential for bullish movement exists.
Volume Analysis:
The volume pattern indicates moderate trading activity, with no significant spikes during recent price movements. This balanced participation from both buyers and sellers contributes to the current consolidation phase.
Conclusion:
In conclusion, the MATIC/USDT pair is currently in a consolidative phase with a neutral to slightly bullish bias. The RSI indicates a neutral position, while the MACD suggests a potential for building bullish momentum. Traders should closely monitor the support levels at 0.5885 USD and the resistance levels at 0.9511 USD and 1.2900 USD. A break above the resistance levels would confirm a bullish trend continuation, while a failure to hold the support levels could lead to further declines.
Overall, the market sentiment for MATIC remains cautiously optimistic, with critical attention needed at the aforementioned levels and indicators to make informed trading decisions.
MATIC BULLS TO TAKE OVERHello 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.
KCS BULLS PREPARATION. 📚
👉As we can see price is still sitting around a massive support zone, Where we are looking for new longs as we did before in our previous analysis attached on the chart.
👉The price is no longer establishing new lower lows; instead, it has begun forming higher lows. This shift signals a potential early indication for bullish momentum to take hold.
Moreover, to confirm this bullish signal, a break above the marked zone of major swing highs is required. Once this breakout occurs, a subsequent upward movement can be anticipated. 📚
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!
Polygon (MATIC) UpdateLooking at the MATICUSDT chart ( BINANCE:MATICUSDT ), it seems like the price might be getting ready for a breakout! Over the past few days, the price has been consolidating within a neutral channel, which could be a sign of potential built-up energy. If this happens, the price could break through the resistance line (the upper boundary of the channel) and head towards the higher levels within the upward price channel.
In simpler terms: MATIC's price has been holding steady recently, but it might be ready to make a move soon. There's a chance it could break out and climb higher!
Note: this is not financial advice, and it's always a good idea to do your own research before making any investment decisions.
NEAR LONGlimit buy in red zone
take profit upon reaching the price value according to the analysis on the chart
MATICUSDTMATICUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 38% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
Comprehensive Analysis of the MATIC/USDT Chart1. **Key Support and Resistance Levels**:
- **Resistance**: There are two major resistance zones on the chart:
- The first zone is around 2.500 to 3.000 USDT.
- The second zone is around 3.8740 USDT.
These areas are highlighted in red and indicate significant selling pressure where the price is likely to encounter resistance.
- **Support**: The major support zone is around the 0.500 to 1.000 USDT price level. This area is marked in green, indicating significant buying pressure where the price is likely to find support.
2. **Liquidity Levels (LIQ)**:
- **LIQ (weekly)**: Located around 0.0613 USDT, 0.2378 USDT, 0.3368 USDT, 1.6408 USDT, 1.9786 USDT, and 3.8740 USDT.
### Price Movement Prediction:
- **Upward Movement**:
- If the price can break through the resistance at 2.500 USDT, it may move towards the higher liquidity targets at 3.000 USDT and then 3.8740 USDT. These areas are indicated by blue lines and can be considered potential targets for upward movement.
- **Downward Movement**:
- If the price falls below the support at 1.000 USDT, it may decline towards the weekly LIQ levels at approximately 0.500 USDT, 0.3368 USDT, 0.2378 USDT, and 0.0613 USDT. These levels can be considered targets for downward movement.
Conclusion:
- For short-term traders, monitoring price movements around the key resistance and support zones is important. Traders can look for signs of price reversal in these areas.
- For long-term investors, focusing on liquidity levels and overall price movement predictions can aid in better decision-making. If major resistances are broken, a move towards higher liquidity targets is likely, and if key supports are broken, a move towards lower liquidity targets is likely.
Lingrid | MATICUSDT long from the KEY Support levelThe price perfectly fulfilled my previous idea. It reached the target level. BINANCE:MATICUSDT has made a significant bullish move, bouncing off the support level at 0.7000. The price has broken and closed above this key level, suggesting a potential upward momentum. On the daily chart, we see a strong bullish candle, which reinforces the possibility of a retest of the resistance level. Moreover, the market has broken out of the range zone and quickly retracted, creating a classic breakout-retest scenario. I anticipate the price to continue its upward movement, targeting the resistance level and the channel border. My goal is the resistance at 0.7780
Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩💻
MATICUSDT: Next move can be upwards and towards! BINANCE:MATICUSDT price failed to fill the liquidity void area where luckily we have strong buying zone too. Price is likely to bounce back from this zone strongly and it is likely to continue the strong momentum. Like all crypto pairs we still expect price to bring more strong buying volume. Good Luck and Trade Safe.
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Team SetupsFX_
Bullish on PolygonReason.
1. Monthly Flag Pattern & peanut pattern very easily identify
2. From 2021 Breakout so it's been a 3 years
3. ALT Season is bullish
4. W is making like HL & LH
You can enter now or you can wait till above close 1.32 & Above close candle for Entry
SL : if you enter at 1.32 is 1
Target i will update expected move 6000% Up. as pr past graph it could be 95$ but let's target with 5$ 1st and then we can do swing trade :)
#MATIC/USDT#MATIC
The price is moving in a head and shoulders pattern on the 4-hour frame and sticking to it well
We are now at the end of the formation of the right shoulder, and a rebound to the upside is expected
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 0.7300
The first goal is 0.800
The second goal is 0.860
The third goal is 0.9270
🔥 MATIC Massive Triangle: Accumulation Before Break OutMATIC has been trading inside this massive triangle for over 2 years at this point. Chances are that it will take another year before MATIC will finally break out of this pattern.
In my view, this triangle is a huge accumulation area where traders are loading in their bags in preparation for the next leg up.
This can really fly once we break out. Time will tell. Patience is key.
ADAUSDT scalp meHello Birdies,
Here is a scalp trade ADA has made a range and it need liquidity.
Listen carefully, if this trade go against you take the opposite trade. But that chance is slim.
Everything is on chart trade accordingly and trade safe.
signal for matic/usdt 2024-05-17 TF-15MFalling signal in Matic
Weakness in the trend and formation of twin roof pattern.
please check and follow
MATICUSD - Gaussian Channel Indicator ShiftA shift from the bearish red channel to the green bullish state is seen on this Weekly timeframe
Expecting incredible results from MATIC/Polygon.
Observational post.
Very bullish.
MATICUSDTMATICUSDT
polygon matic is very bullish as long as it doesn't break trend line 0.6700
now can trade it from current area for next 5 bullish waves
I'll help you catch the "MATIC" long positionHello, nice to meet you, Friends!
I shared my perspective on Bitcoin today, and it rise correctly.
I'll give you my perspective again this time.
MATIC breaks throught the top of FALLING WEDGE.
It also rose sharply in RSI with the bullish divergence.
I think the moving average is going to be a positive arrangement, which means it's going to go up!
GOOL LUCK!!
