MaticCreated this wedge from the top to account for base support. must remain along this wedge to rise up to the upper levels. IF we fail the levels at anypoint of the wedge look for the lower range for your supports. Theres still some possible drops ahead but Im watching it close. Longby EMC2PRoPheT221
Got my eyes on MATICMATIC is starting to boop the descending trend line, so I got eyes on it. Price and momentum are increasing. VWAP also coming up. Money flow pointing down on the 1d, but pointing up on the 2d and 3d. I'll be watching for a confirmed break and hold on the descending trendline. Scenario 1- Long Enter = 0.8350 - 0.8450 SL = 0.7730 Target 1 (POC) = 0.8930 Target 2 (Resistance) = 0.9718 Target 3 (VAH) = 1.0330 If it doesn't break and hold the descending trendline, then it will likely try to retest the VAL (also the 0.50 Fib). If it breaks the ascending trendline and the support/0382 fib area, I'll be looking for shorts Scenario 2 - Short Enter = 0.7650 SL = 0.7930 Target (VAL & 0.50 fib) = 0.6815 Longby jacheee0
MATIC breaking 7 month downtrend since March 31st. Targeting $1 MATIC has been one resiliant altcoin for the past year and a half, but has fallen along with the rest of the titans to its knees. However, it's starting to wake up and find its legs again. Once it convincingly breaks and closes above this trend line I expect to see $1-1.50 as our next target. Longby NumbersAreFigures0
MATIC is READYBeautfully retraced right on 1.272 on 3 waves since the last analysis in august (). Count slightly adjusted. Ready to get that 4.236/8.236 Hold my beer pls ---- No financial advice, do your own research, don't be stupidMby NastyBeer0
MATIC Distribution TopA lot of lines on MATIC but this is my working chart and want to provide it to you. Wasn't thinking it would run all the way up here, but that trend was a target. ALL DOWN HERE FROM HERE! Good LuckShortby peterbhc333
MATIC ANALYSIS (WILL MATIC HIT 1.504??)Based off the weekly time-frame, could MATIC potentially hit the golden ratio?? A bullish flag is present and may indicate nearly 70% gains in the long-run; or a descending wedge could hit at least 20% gains with the target price of 1.052. However, MATIC must break the descending wedge pattern, entry only if MATIC hits 0.895 and retest. Will MATIC create a fake out or break out?Mby UnknownUnicorn37182522110
MATIC, Top of channels, drop it!MATIC is pushed to a higher high and hit resistance at 2 channels. Great time to Short it, this looks like a wave ii and ready to create new lows below $0.65 Overbought in smaller timeframes. Great opportunity here. Good LuckShortby peterbhcUpdated 446
$MATIC | Extreme over bought levels upcomingI recently took a long with MATICUSD and was a successful trade. It has also cleared previous resistance currently and looking toward the next short term (drawn from the Daily) resistance level, highlighted with the blue line. MATICUSD is also clear of the 200 EMA but if you look at past movements, the 200 EMA has not been respected by any means. We are also approaching extreme over bought levels at 70+ with the upper band of the Bollinger Band being broken. My eyes are on this and looking for a confirmation candle to SHORT from the most resistance line.Shortby CryptoHotep1
Possible MATIC Bear Flag continuation Thoughts on this one? There is heavy resistance at approx the $0.8 areaMShortby CryptoFallen0
$0.32 MATIC testing yearly June lows?Will MATIC retest $0.32 which was the 2022 June lows, BTC looking to correct so...MShortby CryptoFallen112
MATIC TRYING TO CONFIRM LOW FOR BREAKOUTMATIC is now testing the inflection point after breaking out of the supply line and is hanging above the pending confirmation low. We have gotten follow through price action from the bullish divergence and we are waiting to see where it will take us, as it’s still not over and the momentum could continue to strengthen. A backtest of the .75-.76 area to print the confirmation low is idea. Tight higher local lows raises breakout probability for more follow through, as we see buyers eating up the supply and raising demands…. We see price moves around midnight coming into the early morning hours Eastern time, so I expect to see something to play out. An entry here would be a tad more risky, but if you keep your stop loss manageable, this could be a nice trade. MATIC tends to move quick above .80. We are at the top of the range of a range bound asset. *BTC/ETH DEPENDENT*Longby BShellhammer2
MATIC daily chart updateThe yellow rectangle marks the cup and handle pattern on the daily chart, but after breaking through 1.0166, the price did not continue to rise, but fell below 0.8488, invalidating the pattern. And MATIC presents lower high and lower low. The current price is around 0.7293, where a pin bar has previously appeared and made the price rise (arrow), and the highest is 1.0550. Represents an effective support range near 0.7293. - Pay attention to the support below: 0.6504 0.5715 - Before MATIC breaks through the downtrend line, the period smaller than the daily chart should avoid contrarian trading, and it is more appropriate to enter the market with an empty order. -Shortby noah_chen220
#MATIC short ideaHello dear Traders, Here is my idea for #MATIC Price closed below yellow line (previous month low) Price closed in 15 Minute chart below purple trigger line -> Enter Trade. Targets marked in the chart (black lines) Invalidation level marked with red line Good luck! ❤️Please feel free to ask any question in comments. I will try to answer all! Thank you. Please, support my work with like, thank you!❤️Shortby Diplo_Trades0
Buy Matic !Hi Polygon traders, We think Polygon well rise ... We are buying it for upcoming hours and days ... Be careful and apply your strategy We have VIP analysis and recommendations We can manage your accounts You can copy our signals Good luck @TradeItDB TeamMLongby Trader_7144
MATIC/USDSupport and resistance I haven't traded much lately... every time i got in here i feel depress and exhaust pffff with the world economic recently ,shorting things seem more chances of winning it seems by baby_rhino337
MATIC just have to hold 0.624 till early Jan, then TP @1.24 neckMATIC seems trying to expand 2 channels. The lower channel may be reached sometime early Jan2023. For now, Matic is just consolidating lately holding the 0.624 zone. This zone is where my important Fib levels are located like 2.618, 0.618 & 0.786. The ABC corrective wave most probably ended. All MATIC have to do is to hold 0.624 until early Jan then the next target will be 1.24, the neckline of the H&S pattern from top. Not trading adviceMLongby xtremerider80
MATIC repeating ETH's first run : UPDATE 2022MATIC repeating ETH's first run : UPDATE 2022 check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on. there is always another train through the station as long as we haven't nuked ourselves into oblivion. anwayyyy this seems to be playing out nicely. the chart says it all. the repeating RSI pattern says we've bottomed already. or it seems that way anyway. RSI can be a tricky beast tho, you need to be careful with it. it does seem like macro wise there has been enough blood but there are some fundamental bad things playing out in the system. war/climate change/massive unraveling of over inflated assets/normal max inflation etc etc so i wouldn't be surprised if it goes down another big leg. two options there, clearly just wait and see if it all reverses on that first support coming up. then matic maybe a nice play. 250% sounds good to me. lets see how this one goes. good luck to you fellow degen. x Mby Crypto-Quantum-FoxUpdated 4
Polygon: Jump, Jump 🎤We commence to make you – jump, jump, The Mac Dad’ll make you – jump, jump, The Daddy Mac’ll make you – jump, jump, Kris Kross will make you – jump, jump... As fitting as it is, we’re not really talking about the song by Kris Kross, which was released in February 1992 as the first single of their first studio album, but much rather commenting on Polygon’s next movement. Indeed, the altcoin should jump from the orange zone between $000 and $000 into the blue zone between $0.686 and $0.400 to finish wave (ii) in blue. Then, it should turn upwards, heading for the resistance at $1.05 and eventually crossing this mark. However, there is a 38% chance that Polygon could directly jump above the resistance at $1.05 instead.Mby MarketIntel110
$MATIC | History Repeating ItselfMATICUSD has hit this support zone multiple times with a bounce to the upside but never making it above the 200EMA. And here we are again with the same story. We have oversold on the RSI levels and still significantly in a downstrend, BUT a good opportunity for a decent quick move and profit. I think it can clear 13 and 50 EMAs easily as those have not been respected in recent history. Not expecting anything monumental with all things considering around the crypto market but see a chance. Longby CryptoHotepUpdated 0
MATICUSDT The loss of the defined support floor can be followed by the beginning of the 3rd wave of price reduction.MShortby imankohkan111122
Matic Bullish flag - After ETH MergeMatic is about to create a flag; Entry $0.749, SL 0.723 TG $0.96 Just to keep an eye as it might climb after ETH Merge. Happy trading, RafMLongby Cryptplosive1
MATIC/USDT Elliott Wave count 4H TFMatic may go upside to complete a 5th wave. Also no divergence 3rd wave with the plot of the b wave to call that High a 5th wave. That was an 4th wave flat with b wave extended. Also b wave hits 1.236 fib extension of wave a.. As it stay above red box this count is valid but it must go up now, already past much time in this 4th wave. Also I have a bearish count and I will put as update on this idea soon. Stay tuned!Longby Cross10XSignalsUpdated 4