MATIC/USDT/12HHI HUYZ
After the formation of a triangle pattern, the price has been able to cross its dynamic resistance, in fact, it has pushed the ceiling of the triangle upwards
Also, looking at the price chart, we can see that after breaking the dynamic resistance, the price had a pullback to the broken area.
Also, by examining the price floors, we also notice the formation of two valleys
It is expected that the price will continue to rise up to the range of 1.3 to 1.4 because in this range we will see the formation of the neck line of the Dodre pattern.
The range of resistance can also be considered 1.5, which can be expected to start a correction process when the price meets this area.
MATICUST trade ideas
MATIC Price Bullish Breakout, Eyes $1.33-$1.50 ResistanceMATIC (MATICUSDT) is currently trading at $1.16 and appears to be on the verge of a bullish breakout. The token's immediate resistance level sits at $1.33-$1.50.
A successful breakout above this resistance zone could propel MATIC to a higher price range of $1.33-$1.93.
Note: Conduct own research before making any investment decisions.
Matic on the monthlySee Matic post. incredible growth from launch and last bullrun 2020. keeping a close eye on this one , but many run in the bullrun its whats left after the dust settles that matters.
Matic hard run.Matic only dropped 87% in the bear market compared to 90 to 99% drops by other top 50 coins. but compared to its launch price, (see full chart) Matic showed strong relative support during the entire bear market, see its broadening structure widening out, when it runs its gonna run hard well past last bull markets ATH, being a layer 2 are 3 scaling structure for ETH, and same for BINANCE coin is gonna be around for a long time, just look at its last bull market move CRAZY growth. Exciting time to be in the markets.
$MATIC to Continue Parabolic RallyCRYPTOCAP:MATIC Consolidates before Parabolic Rally
The price actions appears to be testing new support before continuing epic rally. Do your own research.
MATICUSDT → Breaking through triangle resistanceBINANCE:MATICUSDT is forming an attempt to change the trend. The price is testing the resistance area of the descending triangle. A consolidation above the key level may start a strong distribution.
MATIC price is still in a bearish trend amid a strong cryptocurrency rally. For the last few days, the coin has been forming a resistance retest and is currently consolidating above 1.0303, a level that now plays a key role. If the bulls consolidate their positions above this level, they will form a potential for further growth of 20-50%. The first target is 1.1990, then 1.5490. On the weekly timeframe we see that the price realizes growth inside the range, the target of which is resistance.
Support levels: 1.03030, 0.9849.
Resistance levels: 1.1990, 1.5496.
The coin is breaking the resistance, but it is still under the pressure of sellers. If buyers consolidate their positions above 1.0303, form the so-called local bottom, strong growth awaits us in the medium and long term
BITSTAMP:BTCUSD CRYPTOCAP:TOTAL2 BINANCE:MATICUSD
Regards R. Linda!
MATIC/USDT A fantastic opportunity LONG trade!BINANCE:MATICUSDT The weekly chart has recently breached a significant resistance level, with the price now trading above it. This sets the stage for a promising long trade, with a potential target price ranging between USD 4 to 5.
#MATIC/USDT SPOT LONG ENTRY
Leverage: 1x
Entries: $1.1668
Take profit 1: $1.5055
Take profit 2: $2.5197
Take profit 3: $5.0244
Stop Loss: $0.7197
NOTE: This is just my prediction. Be sure to use STOPLOSS and remember that I am not a financial adviser. your money, your risk!
Thanks
The sroced.
MaticIt seems Matic had been completed a 4-wave as a Triangle and it is preparing for starting a rally from 1$ to 10$. It is not Buy signal and just personal idea. Be careful.
#MATIC #MATICUSD #MATICUSDT #Polygon #Short #ShortSetup #Eddy#MATIC #MATICUSD #MATICUSDT #Polygon #Final #Update 'C' #Short #ShortSetup #Eddy
I'll Think Its Time to short Crypto ;-)
It's My New short setup on Polygon Matic <3
We are in the heavy supply order block range of the daily time frame, which is in the heart of the order block of the weekly time frame!
You also enter into sales short positions after checking the multi-time frame and getting the necessary approvals & at your own risk.
Related Analysis of Polygon Matic : (( MATIC/USDT )) : Check Link :
Polygon Matic Short Setup in #Update 'B' : (( MATIC/USDT )) : Check Link :
(( We got 19% profit in update 'B' ))
A short setup for MATICUSDT (weekly TF)A clean confluence of fibonacci, VAL, horizontals on the price of 1.1930. The level can also be associated with a liquidity grab.
It is indeniable that this level is strong as Dwayne "The Rock" Johnson. High probability that this level presents a good short setup as invalidation is clear and downside is big.
Invalidation is if price come barging through the level with high amount of volume.
MATIC BULLISH SUPER BULLISHMatic looks super bullish. Once it escapes his range it will make fireworks.
Enjoy the ride.
MATIC Analysis: An Opportunity for ProfitHello friends!
Today, I want to analyze a popular cryptocurrency called MATIC (Polygon).
Hot MATIC News:
Recent news about MATIC could be a sign of price growth for this cryptocurrency.
• zkEVM update: This update can significantly increase the speed and efficiency of Polygon (MATIC network).
• Partnership with Microsoft: Polygon has partnered with Microsoft to provide blockchain services to its enterprise customers. This partnership can help Polygon reach a wider range of users.
• Increasing number of users: The number of daily active users on Polygon is constantly growing and has now reached over 3 million.
• Polygon ID platform launch: This platform allows users to manage their identity on the blockchain.
• Price increase: MATIC has seen significant growth in 2023 and is currently trading around $1.30.
Entry point:
Given the recent news and developments, MATIC is currently well-positioned for growth.
• Suggested entry point: 1.1874
• If you miss this point, you can enter with a pullback.
• The RSI is also in a good place to enter.
Note:
Do your own research before investing and be aware of the risks involved.
The price of cryptocurrencies can change suddenly and unpredictably.
Wishing you good profits!
If you have any questions, ask in the comments.
Please follow me to stay up-to-date with my future analysis.
Good luck!
MATIC - Don't Miss the PARABOLIC ALTSEASON coming📉Hi Traders, Investors and Speculators of Charts📈
We're all looking for solid projects that have good fundamentals... and good upside. MATIC is one of those altcoins that haven't yet made a new ATH. Infact, it's not even close to its previous ATH with 190%+upside potential!
From a technical indicator perspective, we see a reliable "BUY" signal in the weekly timeframe:
From here, I expect altcoins to start making their rallies. Find more info on alt season 2024 here:
And if you need a little bit more technical info on how the rotation between BTC and altcoins work, check out this idea:
Cheers to another profitable day in crypto 🥳 And remember to realize gains🥂
_______________________
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CryptoCheck
BINANCE:MATICUSDT
MATIC Breakout and RetestMatic has broken out of a bullish pennant accumulation; possible buy zones on the chart if it dips again, but it might not. The ETH trades are next and the upside target for Matic currently sits at $9.5 unless the chart breaks down.
MATICUSDTMATICUSDT
i want to update MATIC coin as we see now BTC is in retracement wave
i predict matic also is in the last corrective wave of triangle
buying will be good in the level 0.7000
$MATIC Bear Flag down to lower trendlineCRYPTOCAP:MATIC Symmetrical triangle down to lower trend line
It looks like the bear flag broke and a symmetrical triangle may also break to the downsidde before the uptrend continues. Looking to hit $1.03-$1.05.
DYOR
$MATIC Bear Flag Unfolding to Test Support at $1.00CRYPTOCAP:MATIC Bear Flag Unfolding to Test Support at $1.00
Do your own research
MATICUSDTHi guys
It seems that the two entry points that we specified are low risk for entering the sale transaction.
But there is a possibility that the downward trend will start from this area.
What do you think?
MATIC/USDT planning upward journey what's in your mind?💎 Paradisers, get set for a promising opportunity with #MATICUSDT as it faces a setback from the supply zone, suggesting a strong chance for a bullish rebound from the demand level.
💎 Historically, we've seen supply transform into demand, propelling the price upward. Currently, #Matic surpassing robust supply zone $1.0535 a strong chance for a bullish pivot from the current demand level. The asset's robust position above the ema55 is signaling a potential uptick.
💎 On the flip side, should the $POLYGON dip below the $1.0535 demand level, we could see a shift towards a bearish trend it time to revise strategy a bullish rebound expected from lower demand $0.8318 droping below casue donward.
MATIC may advance further this weekMATIC may advance further this week
During this week Matic broke out from a strong key resistance zone located
near 1.0900
So far the price is holding very well above the new support zone by opening the doors
for more upside movement.
Considering that it didn't move during the BTC bull run and the fact that it's a great project
we may see Matic rising after the others.
You may find further details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
