MATICUSDT Potential Targets!MATICUSDT (1D Chart) Technical analysis
MATICUSDT (1D Chart) Currently trading at $0.646
Buy level: Above $0.64
Stop loss: Below $0.55
TP1: $0.7
TP2: $0.8
TP3: $0.88
TP4: $1
Max Leverage 3x
Always keep Stop loss
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MATICUST trade ideas
MATICUSDT - D1MATICUSDT
D1 - The price is moving in an ascending channel; if the price is fixed at the level of 0.75, the price may continue to move to the levels 1.1420 - 1.1960. When the trend line is broken, a corrective movement from the impulse on W1 may begin.
What to expect now?
Waiting for the breakout and fixation beyond the level of 0.75. It will be possible to consider buying with a short risk on the idea of a breakdown of the channel level.
The nearest targets with this formation are 0.97
Complete cancellation of the scenario of breakdown and retest of trend line D1.
Short
Targets 0.8158 - 0.8932 - 0.9700 - 1.1420
MATICUSDT .... JUST AN IDEA !!!The chart is clean
i keep it simple as i am fan of PA more ...
NAFA n pllllllzzzz DYOR
ThankYou...
Matic bouncing off demandMatic is one of my long holds and has been in an uptrend the past several weeks breaking many key resistances. The token remains above to 20SMA and is looking at another attempt at 74 cents which is a key area from mid summer. I love to see an asset bounce off a local demand which I typically draw with the red candle that has longest wicks on top and bottom leading into an uptrend. If Bitcoin behaves I believe we see ~ 90 cents by Christmas.
🚨 MATIC at Major Resistance 😬 Proceed with Caution 📈"Yo Traders, Professor here!
Time to dig into MATIC, one of my all-time faves. 🤟 Right now, it's at a sketchy point—below a MAJOR resistance level. Rejected and not back in the channel!! Careful!!! 🛑
Not ready to short it, but I've set a BIG alert for a possible entry back into the channel at 0.66 with a stop loss at 0.64.
🎯 Targets? 1.7, 1.9, 3.2, and a bonus at 1.03! 🚀
For now, just observing. No moves until the chart speaks. 💬 What do you think? Comments below, let's get a convo going! 🗨️"
One Love,
The FXPROFESSOR 💙
ps. not going short on MATIC...But not buying again into it yet. Remember, we bought at 28cents, sold at 1.27.. will repeat it again!!!
ps2. watch the video on ALTS below!!!
MATIC trade idea I am exploring rn. Im actively taking this trade cuz I believe BTC redistribution is around the corner and might happen over the weekend.
MATIC/USDT Break Pattern !! Bullish and Upward Momentum ??? 💎 MATIC has indeed captured our interest, having shattered the confines of a Symmetrical triangle accompanied by substantial volume and a remarkable upward trajectory. Currently, MATIC confronts stiff resistance within the supply zone, experiencing a significant pushback.
💎 Given that MATIC is amidst a retesting phase at the resistance trendline of the symmetrical triangle, there's a likelihood of a temporary regression to consolidate gains from the substantial breakout. However, should it manage to breach the supply barrier imminently, MATIC Probability could effortlessly ascend towards the next supply zone.
💎 In the context of a confirmed retesting strategy, MATIC requires a bounce or a rejection signal to persevere in its quest to penetrate the $0.632 supply threshold and secure a position above.
💎 Conversely, a failure to rally could usher in a precarious scenario wherein MATIC falters at the demand zone, crumbling beneath it. Such a development would signify a false breakout, steering MATIC into a bearish descent toward a robust support stratum.
MATIC Short DailyThe last macro supply demand has been tested - well there is one more to go. Not sure if it hits but just in case SL is above
MATIC - Short (25 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: $0.015 | Playbook of Handler to $1.30 roadmap validated by recent PUMP
which called attention to Heavy Hitters
to participate in the next OPERATION
MATIC Bullish?MATIC had a breakout on the mid-term trend line and is above the $0.68 resistance level (now turned support). We could see price rising above 1$
MATIC targeting $0.80MATIC had a breakout on the mid-term trend line and is above the $0.68 resistance level (now turned support). It is heading towards $0.80 on medium volume.
Update on MATICMatic also continues to grind upward slowly staying above the 20SMA, RSI is back into the uptrend. This stubborn teal line is a multi-month resistance. The purple line is a far longer support so the fact the token remains above this is a strong indicator that the token is ready to continue higher on the weekly basis. Short term we test the teal and maybe bounce into the local demand zone before a break.
MATIC/USDT | 1d 👀MATIC/USDT | 1d 👀
#MATIC broke out of this resistance level and is now getting ready for a lift off. I think price will reach at least 1$. 📈
✅ Stay updated on market news and developments that may influence the price of Cardano. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Coins #Polygon #Trading #MATIC
Matic longMy plan for $MATIC... 2 scenario's I'm looking for...
Alarms set around 0.5 fib and $0,70✅ Patience...
#trading #maticusdt #polygon
@0xPolygon
@0xPolygonLabs
short MATICCRYPTOCAP:MATIC bounced off the resistance level and the descending trendline. Bearish movement to support level at 0.5$ is possible.
its time to fly Maticas you see, it break the downtrend line, pulled back , and now slowly has moving to a higher price BINANCE:MATICUSDT
Matic/usdt in weekly tmfpolygon (matic) with good news in weekly time frame shows bullish ... look at blue arrow that shows full body bullish candle , ingoulfed previous red candle ... i thing after break trend line and pullback to previous high it can run above 1.5 and higher...
its not a signal for buy or sell orders please search yourself to have the best.
wish you all good. chakker you Mamal
🔥GLOBAL OVERVIEW On MATIC For The Bull Market❗️MATIC is of the strongest altcoins among thousands of crypto. The previos bull market confirms it. The growth by 110 times after the triangle breakout!
💥 It capitalization have already reached $300M and it has potential but it's around 30-50x ($27-40 per coin).
Locally, Matic can grow to the top of the channel by +110% and make a pullback. I expect the growth after this pullback, but the growth continue if it break the triangle streight now.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
MATIC dips into demand on ascending triangle THe 4 hour time frame is my favorite for swing trading. MATIC is a long-term position for me I have it staked on Ethereum but I keep some on polygon to swing trade into alts like PYR and some others. That long wicked red candle appears to be the 4 hour demand zone and its good to see the token bounce on both the trend and demand. RSI is holding up if it loses steam we will likely fall right through demand or consolidate.
#MATIC/USDT is trying to break the PWH $0.666 resistance level #MATIC/USDT is trying to break the PWH $0.666 resistance level in 4-Hour TF!
Wait for Breakout/retest to open a long position. Wait for PDL $0.626 support and diagonal trend line breakdown to short $MATIC.
MATIC/USDT Technical Analysis: Deciphering the Chart SetupMATIC/USDT Technical Analysis: Deciphering the Chart Setup
Bullish Bounce from Symmetrical Triangle
MATIC currently trades around $0.65 after bouncing from the $0.52 level, which aligns with support of a symmetrical triangle on the daily chart.
Symmetrical triangles typically act as continuation patterns, so this bounce suggests a resumption of MATIC's uptrend within the triangle formation.
Favorable Higher Timeframe Structures
On the weekly chart, the symmetrical triangle takes shape as a larger bull pennant, which is also a bullish continuation pattern.
The confluence of constructive structures on the daily and weekly timeframes paints a positive picture for MATIC over the near term.
Measured Move Targets $1 Initially
The symmetrical triangle points to an initial measured move target of around $1 if MATIC can break out above the upper triangle trendline.
Reclaiming the key $1 level would likely propel additional upside momentum.
Potential for $5+ in a Bull Market
Looking longer-term, if MATIC breaks and holds above $1 decisively on the weekly chart, the bullish structures an extended move towards $5 first, with the potential for $10 in a sustained crypto bull market.
Monitoring Key Support at $0.50
If macro conditions worsen, keeping an eye on the $0.50 support level is prudent. A breakdown below $0.50 would invalidate the bullishness and introduce downside risk towards $0.20.
