MATICUSD Short PositionIf the price breaks the neckline, the minimum price target of the pattern will be 0.56. In this manner, the pattern on the chart may provide an opportunity to short MATICUSD for a profit of 26.39%.
MTCUSD trade ideas
MATIC Pullback?Look for MATIC to pull back to the orange box.
I have a target of $0.80 down to $0.73
Entered: $0.975
Stop Loss: $1
Good Luck
MATIC/USDT Elliott Wave countMatic may end soon this impulse to the upside that probably is an A wave.
Also we have a broken resistance that can be retested at 0.5 fib retracement if this A will end at 1.039 usd
MATIC Bull Speed Ahead!Many items listed on this chart show bullish direction.
My target is above the 200MA up to completing the inverse head and shoulders pattern:
$1.18 - $1.30
Need to confirm exit of Bull Flag. Daily close above would initiate exit.
Send IT and Good Luck
MATICUSD ❕ an asset can exit from the downward channelVolumes show interest in price rising.
Price has tested and fixed above the 100MA (4H TF)
The asset has entered a bullish RSI zone (4H TF)
TD Sequential has formed an up reversal signal (4H TF)
I expect that MATIC may start rising if it gets out of the downward channel and fixes above the resistance level.
MATIC Triangle breakdownMATIC is consolidating in a triangle after making lower highs.
Monitor for a breakdown of the triangle support. 1 hour candle close below support and a retest rejection should indicate lower levels.
Short Targets are:
$0.75 (50% retrace from recent low to high)
if further breakdown...
$0.71
$0.65
Good Luck
Continue to fall
matic has been broken
It's going to keep going down here
I have told you to sell before
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Is the Matic Crypto a scam ? Polygon MATIC scams have skyrocketed in recent months. While some few wise people believe that Polygon MATIC is a scam, the reality is exactly the same. there have been instances of people in the Polygon MATIC industry who have exploited innocent investors. While it's true that there are scams, a Polygon MATIC is a scam because the perpetrator is taking advantage of innocent investors.
A common sign of an Polygon MATIC investment scam is guaranteed high returns. It is important to educate yourself on how to properly invest your money. If the offer sounds too good to be true, it probably is.
Note: EVERYBODY! RUN AWAY! its a scam
Continue to be bearish on MATICmatic has peaked
This position is likely to form a double top
I suggest you to bounce back and sell
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MATIC/USDT Elliott Wave countMatic probably is into an impulse to the upside and now we are into a WXY 4th wave. Expecting to bounce at 0.700-0.750
Continue to be bearish on MATICMATIC has broken in four hours
It's a rebound after a breakout
Not expected to break above previous high
I suggest you continue to sell on rallies
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$MATIC #polygon breakout$MATIC Breakout in 1h Chart
1. Positive Super Trend in 4h Chart & Consolidation > 8 days
2. Several touching points with vwap
3. Price above 10, 20 & 50 EMA
4. Target 1.26$
5. Stop-Loss 0.85$
6. Risk Reward Ratio 4.7
MATIC breaks down
MATIC's four-hour structure has broken out
There is a risk of a short-term pullback
I suggest you sell on rallies
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MATIC Cup with a handle going to 1$Cup&Handle forming on daily while we have broken above trendline. A retest of the trendline and a bounce would trigger a good long opportunity, targeting 1$ area for take profit
MATICUSD ❕ volatility decreasesMATIC showed one of the highest growth rates among the top 100 coins.
Volatility is declining.
I expect the current move could be a reversal for a local correction, so I think the price will decline after consolidating below the support level.
Polygon (MATIC) - $0.60 - $0.65 will be great supportPolygon - $0.60 - $0.65 will be great support - IMO
After the breakout MATIC will have to correct before trying to break the resistance trendline since ATH December 2021
This break would be a HUGE bullish signal - but conformation has to occur for more accuracy dear Crypto Nation
*not financial advice
do your own research before investing
Polygon (MATIC) shoots. WHY?Polygon Network's location action has gotten quickly which has given areas of strength for a to the MATCI cost.
Polygon prime supporter Mihailo Bjelic has put anticipation expressing that they will declare the most-significant uncover of 2022 of every 3 days.
Ethereum's Layer-2 versatility stage Polygon has been doing great. Polygon's local digital money MATIC has been the top entertainer in the altcoin space mobilizing in excess of 60% over the course of the past week.
As of press time, MATIC is exchanging 15% up at a cost of $0.90 and looking at a quick objective of $1.0. With the new cost siphon, MATIC has additionally stretched out its month to month acquires near 150%.
The MATIC cost soar as Disney picked Polygon for its Accelerator Program a month ago. The program will zero in on expanded reality (AR), man-made reasoning (AI) characters, and non-fungible tokens (NFTs). In any case, the job of Polygon isn't clear for the time being as Disney will give further direction later on. However, the actual news appeared to have carried more prominent cheer to financial backers.
Ethereum's Layer-2 versatility arrangement has been dealing with a few key improvements as of late. While MATIC confronted the intensity of the crypto market implosion last quarter, it has additionally returned rapidly. Moreover, market experts have been extending hopeful conjectures for MATIC which has prompted more noteworthy financial backer certainty.
Accordingly, MATIC is riding the most grounded wave among other altcoins during this market recuperation. Then again, Polygon has been exploiting a portion of the new occasions on the lookout.
The breakdown of the Terra biological system left a few decent quality undertakings in a condition of vulnerability. This is where Polygon uncovered another asset to help Terra-put together undertakings relocate with respect to the Polygon blockchain network. Up to this point in excess of 48 Terra projects have effectively relocated to the Polygon blockchain network.
Then again, the quantity of decentralized finance (DeFi) conventions on Polygon is likewise expanding. Thus, the interest for MATIC tokens is all the while expanding. The absolute worth locked (TVL) across all DeFi conventions on Polygon at present stands at $176 billion.
A bullish scenario for MATIC Polygon’s MATIC price continues to display optimistic signals. Being an early bull is justifiable as the invalidation level is clear.
MATIC price is a buy - Polygon’s Matic price could rally towards $1.00 in the coming days. From June 18 to June 24, the bulls accomplished a 90% rally. A pullback occurred, and it was mentioned in the previous thesis that a break below the 61.8% Fibonacci retracement level would be a good signal for bulls to exit the market. On June 30, MATIC price witnessed the anticipated sell-off which printed a low at $0.418, just above the 61.8% Fib. support at $0.411.
MATIC price then printed a higher low above the 50% Fibonacci retracement level at $0.440 on June 30, followed by a 20% rally into the swing high at $0.535 on July 5. Classic price action traders will likely collide a trend line from the June 18 lows at $0.316 into the newly established lows above the Fibonacci levels as a valid indicator of the uptrend's strength. If market conditions are genuinely bullish, an additional retest of the trend line will not be necessary. A second attempt from the bulls to breach the $0.540 level should be the catalyst to induce a bull rally targeting $1.00.
MATICUSD, potential short?MATIC is clearly parabolic and over extended, however right now seeing some type of Broadening Ascending Wedge. shorted at top and expecting to take profit at bottom, however we could see a major drop. As well I see some type of bearish hidden divergence where the prices increase but the RSI does not make a higher high. Right now risking 1% to potentially make 4%, however we could see a 10% move down as well.
Crypto #maticusdt - symmetrical triangle breakout. Quick 30%Crypto #maticusdt - symmetrical triangle breakout. Quick 30%.
Matic has broken the neckline of the ascending triangle. STO appears precarious but RSI confirms the new high and buying volume bars are dominating.
The market is not fixed but there is a possible 30% trade on the table and worth a shot. You could possibly raise your stop to 0.59 in this market to cut losses if the market goes against you.
Risk: 8 of 10. So a bit of a degen play in this market.
Volume. Green volume bars are dominating.
RSI confirmed the new high.
Target 0.88
Stop loss 0.49
Matic looks ready to trigger its inverse head & shoulder patternTarget is 94 cents if it confirms. Confirmation is likely considering the deal Polygon just made to work with Disney on their metaverse. *not financial advice*
I am long on Matic to 1.19 and will cut out of the trade if wemove to much lower than we are now. Good upside from a great coin, and popping back into USDC if things aren't looking right.
