this is crypto #MATICthis is crypto #MATIC...................................................................
MTCUSD trade ideas
MATICUSD Bull Experiment10/10 interesting price structure. Everything aligns so perfectly. Daily candle opened at support. Moving averages look good, but there's still a long battle ahead. High and low targets are on the chart. Let's see what happens.
$MATIC LONG IDEA from 0.62$ to 0.80$wait for trendline break retest of 0.62$ then you can entry with small stop loss arround 0.59$ or 0.58$ and ride this to 0.80$'s this can play if $BTC does not dump further from the current price , also always before entering the trade check RSI to be oversold in down side to have better chances in the trade.
MATICUSD ❕ manipulation? again?MATIC reached the lower boundary of the descending channel.
The fall in price happened on declining volumes.
When trying to break the support level, the price went back on higher volumes.
I expect that the price will test the support level again, and after fixing above it, it will grow.
Party begins in Sept 2022 for ALTS - 15x on MATICLast time we got a 68x from $0.03 to $2.4.
This time, we are only asking for 15x.
Look at that RSI!
Once that trendline is broken, it's party time.
MATIC will go from $0.80 to $13.
I would say around September 2022 to January 2023.
That will be the blow off top.
You better SELL at that time!
Buying MATIC at around 0.35I think MATIC is very under valued. It has a limited supply and It has a great useable solution to ETHs scalability issues. This is my call, I'm going 3/4 of my bag in MATIC when the market bottoms out. (The rest in AVAX and SOL, then a few gaming small caps)
ETH is is not going anyway, but MATIC has a lower market cap for more gains.
MATICUSD (1H) Bullish breakoutHi Traders
MATICUSD (1H Timeframe)
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 0.643 resistance level. Only the downward break of 0.619 would cancel the bullish scenario.
Trade details
Entry: 0.643
Stop loss: 0.619
Take profit 1: 0.658
Take profit 2: 0.683
Score: 6
Strategy: Bullish breakout
MATIC Wait For Bullish Price Action To Buy
Hi traders:
Also eyeing MATIC for the bullish long term opportunity.
From the higher time frame, we can see the strong bullish impulse phase from the previous continuation correction.
Price begin to form into another consolidation for possible another up move.
On the lower time frame, we can see a few good bullish price action.
Double bottoms, bottom of the higher time frame structure, and signs of bearish momentum being exhausted.
Be nice to wait for a bit more bullish development on the lower time frame to give us the confirmation we need,
to look for a longer term buy setup to the next highs.
Thank you
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Rip maticRip matic................................................................................................
Long MATICUSD & BTCUSDI am long MATIC in an interest bearing account yielding 10% APY plus 2% APY on Fixed term deposits. I have transferred the remaining BTC into a withdrawal account debiting 14% APY on loans with a 50% LTV ratio. I use BTC as my loan due to the nature of its market cap being the largest allowing for the lowest potential for volatility and I yield interest in MATIC since the APY is the highest and the potential upside gain is the highest as well.
Letting the trade come to you... MTC/USD It is make or break for Crypto, but it won't be determined so easy! Tune in while we take a dive into the potential routes for MTC/USD, break down the psychological reasoning behind current price action, and let the trade come to us.
Entry Level Long: Break of Trend + 50EMA at 0.685-0.69
Risker Entry Level Long: 0.62
Last Hope Entry Level Long: 0.55
Entry Level Short: Bearish retest of 0.55
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MATICUSD ❕ downtrendMATIC is moving in a downward channel.
Price has fallen below the 50, 100 and 200MAs on the 30m Timeframe.
100MA may break down 200MA on 30m Timeframe soon.
I expect MATIC to fix below the resistance level and then continue to fall.
Matic price runningI think BTC will break down from 30k to 20k which makes Matic running chart like on my idea
matic aint ready neitherIn order to complete same corrective pattern one more time, matic has to go lower
Hold my beer pls
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No financial advice, do your own research, don't be stupid
MaticFull reversal imminent back down to it's impulsive move around $.50 but could go lower than that.
Not a bad project by any means - but it's run it's course.
MATIC/USDT - H&Supdate on my previous post.
3 scenarios..
- dump right here on weekly close
- We close and open under trend, spike to the upside shown in green arrow.
or
- We close weekly under trend, on open spike to the upside tap where shown then dump
either way, risk management is key and how you ladder into positions. Never use huge leverage right off the bat, as the market will take you out.
Safe trading all
MATICUSD Long Period of Low VolatilityAn observation of the MATICUSD log chart which shows a prior long period of low volatility which led to extreme growth
Currently, price is going through a similar 'low volatility' phase, which will also ultimately lead to large gains
Similar price action documented in green
Polygon MaticMatic polygon, I don’t know too much about it. I think this has something to do with NFT markets also. Descent scalp in my opinion.
MATIC ANALYSISMATIC, the native tokens of Polygon, is an ERC-20 token running on the Ethereum blockchain. The tokens are used for payment services on Polygon and as a settlement currency between users who operate within the Polygon ecosystem. The transaction fees on Polygon sidechains are also paid in MATIC tokens.
Simple chart for Polygon - Support zone for MATICSimple chart for Polygon - Support zone for MATIC
After we lost the important support at $1.36 no price has to bounce between $1.00 - 1.15.
Otherwise we are back in Pennystock area since the volume support below is very low.
What are your thoughts on this Crypto?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
