MATICUST trade ideas
MATIC short - swing trade MATIC trade is going nicely so far. Expecting some retracement around these levels and will look to open a new position IF the market gives us an entry.
Overall trading plan remains the same until proven otherwise.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
MATIC Key Weekly Levels Weekly levels (lines are more like areas or zones) of support and resistance to watch for the future.
MATIC Doesn't look goodLose the rectangle box, and MATIC doesn't look so good. Red line could be next very fast
Matic 1D OutlookThis is a hodl swing trade
The moneyflow is moving to positive.
The momentum waves are moving up.
RSI through the roof.
1 Day chart
Golden Pocket 618 target 77% gain
Take profit at .8959 for 37% gain
Patience is key.
Dont give up.
MATIC Awakens: 70% Rip Higher, First Target in Sight!
MATIC Unleashes the Beast: Breaks Downtrend, Soars 70%
Buckle up, MATIC bulls! After slumbering in a downtrend for 239 days, MATIC has finally awakened with a vengeance, exploding 70% higher. This bullish surge is fueled by roaring buying volume, a clear signal that hungry investors are snapping up MATIC like hot cakes.
First Stop: 1.1881, Buckle Up for More?
If the bulls keep pushing, the first target of 1.1881 is well within reach. Smashing through this level would unleash another wave of bullish euphoria. But even if MATIC takes a breather, the Fibonacci time trend hints at a mere pit stop before the next leg up.
Key Levels to Watch:
0.9476: Must-hold support. Failure to reclaim could lead to a range-bound market.
1.1881: First target, a breakout would be super bullish.
1.4984: Ambitious target if Bitcoin cooperates and joins the party.
Remember, this is technical analysis, not a crystal ball. But with the downtrend shackles broken and the bulls in charge, MATIC's future is looking brighter than ever. So grab your space suit, strap in, and prepare for a wild ride!
I've incorporated your points about the bullish signals and potential rest period, emphasizing the key levels to watch and adding a touch of excitement to the narrative. Let me know if you have any further requests!
Clean Bullish move for $MATICNever tremble when I say buy CRYPTOCAP:MATIC
Past successful historical calls by me should motivate you to hold lots of #MATIC
Trend looks super clean, I'm looking forward to breaking the red resistance line soon to fully crack the shell for the bulls to run out.
#Polygon
Swing failure shortWeak name while BTC and ETH are ripping higher. If those two start having some consolidation or a few down days, this could drop significantly.
Stop @ 0.88 or if price starts accepting above 0.82 will be cutting this trade.
Targets @ 0.72, 0.66, 0.60, 0.50
Matic potential upsideMatic has formed a strong support, and coming back for a retest. The Stochastic is nice and low and ready for an upturn. RSI still below 50 and pointing down, waiting for a confirmation to enter here, RSI to turn up and hopefully break 50, a nice strong rejection candle at the support and then we are good to go for TP1 and TP2. Will also be keeping an eye on BTC just before I enter.
Polygon Matic Bullish SignalPolygon Matic crossed the 200-day exponential moving average on 7th November, 2023. It ran up to 0.98 then came back to retest the 200-day exponential moving average from 22nd November through to 28th November. Polygon has since had five green Heiken Ashi candles above the 200-day exponential moving average. I'll start buying into Matic, with minimum leverage and a stop loss below the 200-day moving average. The next area of resistance is at 1.15, at which point I consider taking some profit off the trade.
What do you think of my idea? Hit me in the comments and thank you for reading
MATIC short - swing trade Shorted MATIC on its failed break. Let's see how we play out from here.
IF we deviate and confirm breaking lows it should happen soon.
Clear invalidation and stops above the current highs. Reclaim and the trade idea is cancelled.
Targeting the liquidity sitting around 0.60$.
Let's see what pa gives us as we are in the weekend.
Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.
MATIC Matic is in great position to go up.. don't lose it BINANCE:MATICUSDT .
Of course, before taking any action, Consider risk and fund management
MATICUSDTBecause the price of liquidity has swept 0.50, we expect the price to go up towards the ceiling.
However, I have highlighted the important areas in price
MATIC keep bouncing off 78.6 FIB, preppin for UPSIDE.MATIC, keeps touching the 78.6 FIB level -- and it keeps being rejected to the upside. This convey a strong order block support at this range.
Expect matic to go horizontal for a bit before a significant price change to the upside. The squeeze to the upside is imminent.
Spotted at 0.98
TAYOR.
MaticusdtMaticusdt form head and Shoulder chart pattern and also rejected from Trendline and resistance So Maticusdt is going to sell properly
MATIC/USDT Navigating the Bullish Wave? 👀🚀MATIC Today Analysis💎 Paradisers, set your sights on #MATICUSDT, as it weaves an intriguing narrative in the crypto arena. Grasping a pivotal support level, MATIC teases us with the high prospects of an upward ballet.
💎 Let's rewind a bit recently, #MATIC has shown us its flair for breaking resistances and gracefully leaping upwards. But after a slight stumble at the resistance of $.9811, it's back in the game, retesting what was once a barrier but now serves as a springboard a transformed support.
💎This dance above the support line is not just movement; it's a crescendo building up to a potential leap. #MATIC, with the poise of a seasoned performer, is eyeing the resistance once again at $.9811, and who knows, it might just pirouette to the lofty target of $1.1868.
💎But Paradisers, the market is an unpredictable stage. Should #MATIC falter in its upward choreography and dip below this critical demand, #POLYGON enthusiasts must brace for a different rhythm. A fallback plan? A potential bullish resurgence from the wings at the support level of $.7244. However, a dip below this mark might dim the spotlight on the bullish trend. 🌴💰
🔮 Mamma Mia: Forza Matic!!! 📈Matic sta facendo rumore nel mondo crypto, amici! 🇮🇹
News:
Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets (Link: www.coindesk.com)
Feast your eyes on the journey from the humble scooter to the roar of the Ferrari, and let's ride the Matic wave with style and speed. Always remember, though: in the race for gains, smart driving beats pure speed. 🛴➡️🏎️
It’s can end up strutting through the markets like a classic Italian sports car - sleek, powerful, and turning heads. 🏎️💨 After a strong rally back into a major channel, Matic is hinting at a bullish aria that could hit high notes we haven't seen before. 🎶📈
Guardate questa! The 3.12 resistance level is our prima donna, a spotlight moment where breaking through could see Matic doubling its applause to a 6.00 standing ovation! 👏 But here's the twist - Matic isn’t just any performer; it's got the backing of Italy's central bank, collaborating on a DeFi project. 🏦✨
Check out this dolce piece for a taste of how Matic is marrying tradition with innovation: Italy's Central Bank Dives Into DeFi With Matic (link above).
As they say in Italia, "Il rischio fa parte del gioco" – Risk is part of the game, so manage your portfolio like a fine Italian wine, with patience and appreciation for the journey. 🍷📊
#MATIC #CryptoItalia #DeFi #BlockchainBella #CoinDesk
One Love,
The FXPROFESSOR 💙
Links: ChatGPT seems to be confident in MATIC’s future – Here’s what it said: ambcrypto.com
MATIC Breakout to 0.7969 resistance?there is volume on BINANCE:MATICUSDT chart, will breakout to 0.7969 area
if the break will experience an increase in the 1.618 fibo area, namely at the price of 0.8397 to the price of 0.9086, then if for a long-term hold it is recommended at the price of 0.9775
MATIC → Clear Shot to $1.00!? This Chart Answers that Question.Polygon broke out of the 200EMA resistance and ran to the upside to flirt with the $1.00 price point in mid-November. We've now seen a two-legged pullback from that price and a double bottom seems to have formed. Does that mean we're ready to try for $1.00 again?
How do we trade this?
We do have many of the required conditions to get long! But we do need to wait on one more condition to give us the optimal probability for our long trade. A bull candle closing on or near its high is the final step and it looks like the current Daily candle could deliver! Once you see that close, it's reasonable to get long and go for a standard 1:2 Risk/Reward ratio, protective stop below the Daily 200EMA and set a profit target around the previous high of $0.95.
Also, be prepared for the bullish scenario to fail. Keep an eye on Bitcoin as a leading market indicator to see if it succeeds in breaking the Weekly Resistance. If Bitcoin reverses at the $39,000 - $40,000 level, watch MATIC's response closely and be prepared to get out of your long. Look for a strong bear bar closing on or near its low with followthrough.
Trade Idea
Long Entry : $0.77
Stop Loss: $0.70
Take Profit: $0.91
Risk/Reward Ratio: 1:2
Key Takeaways
1. Bull breakout of the 200EMA, Trending Bull!
2. Followed by Two-Legged Pullback, Ended Nov 23rd.
3. Double-Bottom Reversal, waiting for close of Strong Bull Candle.
4. RSI above Moving Average and around 55.00. Bias to Long.
5. Watch MATIC and Bitcoin for reversal signals, use caution.
You are solely responsible for your trades, trade at your own risk!
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Matic/ usdt interesting chart i can count the matic/usdt chart one of my top chart ,testing fib 0.786 level again , with high probability will be one of the top coin winner for coming weeks. very good to hold on spot .
Entry : DCA 0.53-0.55 $
TP#1 : 0.78$
TP#2 : 0.92$
TP#3 : 1.05$
will not have any stoploss for now
Matic breakout from descending channelalthough matic has not been in a good move recently, its new breakout form the descending channel shows some momentum to come.
target at 0.95 as for t previous closes on 4H candles.
