MATIC/BTC MATIC is showing a little bit of strength coming from a massive sell-off last Dec 10. MATC has 1 more chance to prove itself bullish if the price bounces off the 200D MA and the upward sloping trend-line support between 170 areas. If MATIC does that, There is a sign of potential short term growth up to the 250 sats region. For now, we will have to...
Good Morning Traders, If you haven't looked at my reads with Matic, be sure to check them out. Matic is a very interesting coin, I've been able to analysis it pretty well throughout the previous 2 months. If you haven't looked at @kyer do it now. This analysis is just to show you some key points of support and resistance as we finish up this falling wedge ....
Triple falling wedge. I know its early but it looks to be forming a falling wedge.
Matic has produced a little bull flag post falling wedge, upsides expected. A rounded bottom can also be observed. Included Fibonacci retracement levels.
Another falling wedge can be observed following a large falling wedge produced after a large drop in a short time frame.
Priceline of Matic Network / Bitcoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone. This PRZ area should be used as stop loss in case of complete candle stick closes below this zone. I have used Fibonacci sequence to set the targets: Buy between: 0.00000213 to 0.00000196 Sell between: 0.00000228 to...
After testing the low climbed to the resistance area and testing it. Next leg can be 230
MATIC Flash crashes to uptrend line, honestly I have never seen a move like this in my two years of trading, such a sudden drop, difficult to make any predictions of next price movement. Remember to all MATIC longs its only money! Posting this for reference in future.
Priceline of MATIC Network / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area can be used as stop loss in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00000166 to 0.00000164 Sell between: 0.00000171 to 0.00000178 Regards, Atif...
Priceline of MATIC Network / Bitcoin cryptocurrency has formed bullish Butterfly pattern and entered in potential reversal zone. This PRZ area can be used as stop loss in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00000173 to 0.00000169 Sell between: 0.00000177 to...
After forming a symmetrical triangle for 2 months, Matic finally broke up with 3x the average volume as of writing this. This is a trend-following type trade. We entry after setting a new ~40-day high. In the chart, you can see risk:reward and stop loss placement. SL is placed according to current market volatility and a critical S/R level.
Priceline of MATIC NETWORK / Bictoin cryptocurrency has formed a bullish Shark pattern and entered in potential reversal zone. This PRZ area should be used as stop loss. I have used Fibonacci sequence to set the targets: Buy between: 0.00000183 to 0.00000176 Sell between: 0.00000190 to 0.00000204 Regards, Atif Akbar (moon333)
Priceline of MATIC Network / Bitcoin cryptocurrency has formed bullish BAT pattern and entered in potential reversal zone. This PRZ area can be used as stop loss in case of complete candle stick closes below this area. I have used Fibonacci sequence to set the targets: Buy between: 0.00000129 to 0.00000128 Sell between: 0.00000132 to 0.00000137 Regards, Atif...
Buy : 125-135 / 0.0105$-0.011$ Sell : 140-150-160 / 0.0115$-0.012$-0.0125$ Mid-Hold : 180-190 / 0.013$-0.014$ Long-Hold : 220 / 0.017$ Stop : 119 / 0.088$
MATIC is forming a Rising Wedge pattern and it can dump anytime. It can move up to the range of 152-160sts. But if it drops away from this rising wedge pattern before hit 152sts, we will see MATIC at 105-115sts. If it hit 152 and drop, we will see MATIC at 130sts Buy : 130 Sell : 140-150-160 Mid-Hold : 225 Long-Hold : 300 Stop : Under 125 Buy-back plan : 105-115
HH & HL, Personal Interpretation. Trade On Your Own Risk
The pricline of Matic Network (MATIC) / Bitcoin has completed a bullish shark pattern and entered in potential reversal zone. As per Fibonacci sequence the targets are: Buy between: 0.00000156 to 0.00000151 Short between: 0.00000161 to 0.00000172 Regards, Atif Akbar (moon333)
$MATIC -Pumped +85% from the bottom -Currently rejected at R1 resistance -If we breach R1, R2 would be the next level of resistance to watch for