MATIC/USDT WEEKLYHello everyone!
Matic is moving in a sym. triangle pattern .Actually it is a liquidity pattern. Market will take the liquidity of the lower trend line then there will be a strong movement upward to grab all the liquidity above. Three future targets are mentioned .Buy area is 0.48-0.56
1.27
1.55
1.77
Good Luck
MATICUSDT trade ideas
maticTwo ranges for mid-term and long-term buying are specified in the chart, and the price will show a bullish reaction when it reaches those two areas.
Lingrid | MATICUSDT potential BREAKOUT of the DOWNWARD channelOn the 1H tiemframe, BINANCE:MATICUSDT broke and closed below the support level that became the resistance zone. The price is rolling back from the border of the channel. On a broader view, the market is a consolidation zone, and the market did not test the bottom of it. I think the market might continue moving downward since the overall trend is bearish on the 4H timeframe. I expect the market to retest the upward trendline and resistance around 0.68500, then move down to retest the support levels. My goal is a support level at 0.6380
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
MATICUSDT is bearish trendMATICUSDT is printing rising wedge of continuation pattern, upon breakout it will continue bearish trend.
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.
MATIC BULLS TO TAKE OVER. 📚
👉As we can see price of Matic is still overall bearish from a medium-term perspective, Meanwhile, price is sitting around our support zone, where we will be expecting a movement higher again!
👉Moreover, for the bulls to take over, we need a break above the marked rangy market, then a movement higher would be expected. 📚
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!
$MATIC CRYPTOCAP:MATIC is currency whose swelling is zero
CRYPTOCAP:MATIC Anchin data says that he will not be produced from now on and that whatever is in the market
will be a CRYPTOCAP:MATIC inventory on the network.
This makes CRYPTOCAP:MATIC almost unique.
Is this invoice attractive to you?
Yes, CRYPTOCAP:MATIC has not been able to convince his holders.
And as technically seen, there is a very difficult way to re -conquer $1 .
But I still don't understand why this currency is so cheap in the market!
Whales are still interested in accumulation.
Even buying CRYPTOCAP:MATIC at the price of $0.8 is very attractive
! But although the price of the valuable range is very low, there is still no good reflexes in the chart.
Maybe I was hoping for CRYPTOCAP:MATIC and seeing the future of the future.
But I continue to insist that CRYPTOCAP:MATIC is a good and highly functional currency on the Blockchain
But dream ceilings like $5 for CRYPTOCAP:MATIC are now just asleep and with current conditions.
MATIC.usd stuck between the proverbial Rock and Hard PlaceMATIC currently range bound by major fibs.
Break in either direction should pop violently.
Golden fib above is stronger than blue support.
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Polygon $MATIC overview#Matic price is in long period falling channel. #polygon tested the top of channel but declined hard and bearish continuation occured after bear patterns. Now price may have a relief rally by hitting the orange box but i say MAY BE.
In mid term (several months) period, #MATICUSD price expected to visit 1/2 #usd zone or channel low. Not financial advice.
MATIC Road Map(1-Hour)🗺️!!!BINANCE:MATICUSDT
Observation: We are retesting the current major resistance and the point of interest, expecting to see a pullback to the upside to it and then we see a rejection.
Falling wedge pattern is bearish, we can break below of it. But it could be either for a continuation to the downside or a fake-out then we break from above of the resistance.
Maticusdt Buy opportunityMATIC/USDT appears to be carving out a classic ADAM and EVE bottom, signaling a potential reversal. Price movement is advancing towards a prime buyback region, aiming to finalize the EVE component of the pattern.
We should consider the immediate Buy Zone as a favorable entry point. On the flip side, a significant demand area lies beneath, poised to serve as robust support in the event of a decline below our delineated buyback threshold.
The Neckline of this formation merits close attention due to expected heightened volatility upon breakout. A successful breach here could catalyze sharp price movements, with both intermediate and ultimate targets depicted on the accompanying chart.
Engagement and feedback are valued, hit like if you find this analysis useful. Stay tuned for updates as the pattern evolves.
Lingrid | MATICUSDT double BOTTOM at SupportThe price reached the deman zone on the daily timeframe. We can see that the price formed a double bottom. BINANCE:MATICUSDT broke and closed below the upward channel. I think the market might move up to retest the resistance because, on the weekly timeframe, we have strong rejection going on. Also, the market fell below the range zone and quickly rolled back, creating spikes. I expect it to continue to move in the accumulation phase, followed by a bullish move. My goal is the resistance at 0.8580
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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.
MATICUSDT.PHello Trader BINANCE:MATICUSDT.P
1-day strong bounce area support in the 0.6033 area confirms the reversal to bullish, and there is a bright spot at the moment for automatic pairs, it can be at the market price or buy limit area 0.7175
take profit 25%
stop loss 4%
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Disclamer: Not Financial Advice
MaticusdtMatic usdt is ready to turn and will target 2.4 $ mark, once that's taken out, it will target a new all time high.
Entry - 0.72
SL - 0.41$
Target 1 - 1.9$
Target - 2 - 2.4$
Target - 3 - 3$
I Think MATICUSDT Will Breakout SoonA large triangle can be obtained using previous highs.
MATIC is testing the trend line for the third significant time.
I think this trend line will be broken and MATIC will break out upwards
I'm very bullish
I think of MATICs chart as ETHs was in its early days
$MATIC 's chart looks bearish in mid term#MATIC #POLYGON 's long term bearish channel continues.Tried a fake out 1 month ago but the price 1.30 #usdt declined at top of the channel.With this weakening, retraces to mid of the channel is necessary, this means at least 1/2 of the price.If news emerge and break 1 #usd again, that is the invalidation of this scenario. Not financial advice.
🔥 MATIC On Bear Market Support: Big Reversal Coming?With BTC trading bearish over the last few weeks, alts have taken a big hit. MATIC is one of the alts who has practially lost all the gains over the last half year in a matter of weeks.
However, MATIC has found support on the main bear market support (purple). This signal is based on the idea that the support will hold and that both alts and BTC will reverse from extreme oversold conditions.
Stop below the recent low, target at the main bearmarket top.
Matichell , oo ,
well, matic, simple minds.
i want to collect all the evidence before the final act.
the film was not over yet.
Matic will do 70x
how i know this? because i see the future.
3$ Minimum for this Bullun
Buying some matic at this level I a, buying some matic as a low risk altcoin . Supports and resistance are clear .
Matic the Final Short before Full BULLCame Back after a long Break. The break was worth it.(The Alts Nuke was kinda Unexpected)
Will be shorting Matic 0.7550 above.
I think it can go down about 10-23% before turning the trend.
targeting 0.6900 and 0.6600.
Stoploss above 0.7650.
Not: Not a Financial Advice.
✴️ We Are Looking Awesome Long-Term | Polygon To $7.65While Polygon is sure to take part in the first 2024 Cryptocurrency marketwide correction, this is only a short-term move.
Short to mid-term to be more specific as this correction can extend and about this we will know more pretty soon.
Polygon has been growing long-term, it is surely an amazing project.
Cryptocurrency as a whole is something unique; a perfect technology for us now, for the information age (Aquarius).
The bear-market bottom low for MATICUSDT happened June 2022, which matches the orthodox end of the bear market for Bitcoin and most of the major Altcoins.
Drawing a trendline from this major market low and passing through Sept. & Oct. 2023 we can get a trendline support. This can be the correction low, potentially a long-term higher low.
You know in this channel we look at the charts not only as trading opportunities but also for learning. I try my best to explain the signals and market conditions together with the overall market picture.
Being aware of the long-term possibilities of a trading pair is a great way to avoid panic when prices are going down; it is an amazing way to be prepared.
Knowing that Polygon going down is only temporary can help you to stay strong, hold strong or it can help you sell to buy back lower; whatever you do is your choice.
There is a trick with selling and buying back lower.
➖ We can't predict with exactitude the next bottom/low/support.
➖ Market psychology can lead to selling the bottom rather than buying, so a plan is needed to make the most of information like this one.
Regardless of what happens in the short to mid-term, MATICUSDT is set to grow long-term.
➖ 2024 will be an amazing year for Cryptocurrency.
➖ 2025 will be more than great.
👉 We are looking at $7.65 as a new All-Time High —in the vicinity of this price, it can vary wildly.
I see a stop around $2.2222 on the way up with other important points that we will visit and study once the next bullish move shows up.
I appreciate your time.
I appreciate your consideration.
I appreciate you always reading.
Thanks a lot for your continued support.
Namaste.
📈MATIC Analysis: Key Support Area⚡️🔍Today, our focus is on MATIC, which finds itself on a significant support level in the 4-hour timeframe, presenting a vital opportunity for its progress path.
☢️Following the Iran-Israel conflict news, the entire market experienced sharp declines, leading to a more rational market condition. The previous sharp wave corrected to the 0.382 Fibonacci level, and currently, with the breach of $0.6449, we could anticipate another downward movement.
📊Red candle volumes continue to surpass green candles, confirming the downtrend. Additionally, the SMA25 indicator approaching the price could potentially drive it downwards, serving as validation for the continuation of the trend. If SMA25 fails to exert downward pressure, the market may enter a range until SMA99 aligns with the price.
📉The short trigger lies at $0.6449, coinciding with the support breach, validating the Fibonacci continuation level as a good entry point. Simultaneously, if the RSI closes below 34.25, it further confirms the entry, providing additional confidence.
📈For long positions, a trigger at $0.7491 could be suitable, requiring at least one price reaction to establish a higher low. In such a scenario, the price has returned from the 0.382 level but failed to breach the main support, indicating seller exhaustion.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
MATIC at 0.886 Fib spot buying zone! 🌐 Potential for 3x gains "🔍 MATIC is currently at a critical level, sitting at the 0.886 Fibonacci retracement zone, a historically strong support area. 📊 This level often indicates a reversal point in the price action. 🔄 Additionally, we're seeing promising signs of accumulation, suggesting strong buying interest.
💡 For traders looking to capitalize on this setup, spot buying at this zone could be strategic. 🎯 With the potential for a 3x increase in value, there's a clear opportunity for significant gains. 🚀
🔥 As always, it's crucial to consider risk management strategies, such as setting stop losses to protect against unexpected market moves. 💪 Stay tuned for potential breakout targets and updates! 💼 #MATIC #Crypto"
