#MATIC #POLYGON 's long term bearish channel continues.Tried a fake out 1 month ago but the price 1.30 #usdt declined at top of the channel.With this weakening, retraces to mid of the channel is necessary, this means at least 1/2 of the price.If news emerge and break 1 #usd again, that is the invalidation of this scenario. Not financial advice.
During the recent correction of the crypto market, the price of #MATICUSDT fell quite a bit, as for an altcoin from the top 20 However, the aggressive buyback of CRYPTOCAP:MATIC started from the critical zone, and this is good. Perhaps it was around $0.60 that big money was ready to buy. Whether this is true or not, we will soon find out, because if the price...
📉Hi Traders, Investors and Speculators of Charts📈 MATIC has been very profitable to us so far; watch my previous update HERE: If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - you could possible see a low entry point soon! Polygon is unique in that it's a blockchain platform designed to work with...
The MATICUSDT price now is in the liquidity zone, where it will be decided whether it is a winner or a loser. In order to grow further, it is necessary to shake out "extra passengers" from long positions. In other words, a breakout of the Matic price below $0.73 should activate stop orders. In such a trading situation, keeping a pending limit order in the...
Polygon MATIC declined sharply to $1.01, the key daily support. A bullish reversal from $1.01 is likely and will result in a bullish move to re-test $1.07 and the key daily resistance zone of $1.14-$1.20. A bearish break-out of $1.01 will push #MATIC price in the daily range zone and will increase probability of a deeper correction towards the next...
Here's a quick in and out for the day. So Matic just completed a correction, and continuation to the upside is expected from here based on the count and entry is at 1.1881 TP is not set yet as we might continue mooning till ATH's. NFA as always, awesome trading..
Polygon (Matic) is trying to form a harmonic pattern known as "three drives pattern" . You can trade it by opening a long position first. Then set a %2 stop loss and short it. For target points, check the chart please.
Analyzing the current market trends and technical indicators, my projection for #MATIC in the upcoming 2024 bull market is a price range between $0.90 and $1.10 USD. This valuation is based on several key factors, including historical data, recent market performance, and the overall growth trajectory of the cryptocurrency sector. #MATIC's fundamentals, coupled...
MATIC (Polygon) is holding above the Daily 200EMA support and has yet to break it after making contact 5 times since breaking it. So why is a short scalp reasonable? How do we trade this? 🤔 We have a few good reasons to be looking for a counter-trend trade; There have been several sell-offs in the $0.95-$1.10 range, a very strong sell-off at $1.10, the 200EMA...
A bullish pennant on the weekly timeframe indicates a move upward. Considering the bullish momentum we could go up all the way to $16.
MATIC has broken above the Previous Resistance Zone and is currently re-testing it as support. Is this a scenario where we enter a long? Or are we at the top ready to short? How do we trade this? 🤔 We can play either scenario, but we need confirmation in one of the directions to have enough justifications to enter a trade. If the price comes back up and...
MATIC price Action remains neutral, but there are some hidden signals that may lead to price spike. The Polygon (MATIC) market has been presenting some intriguing signs that have caught the eye of vigilant investors. Recent activities suggest that there has been a silent accumulation of MATIC over the past two weeks, which often precedes significant price...
Polygon (MATIC) technical analysis: Trade setup : Following a bullish breakout from Sideways Channel ($0.50-$0.60), price broke above 200-day moving average, which confirmed a bullish trend reversal to Uptrend. Price reached our target of $1.00 resistance where it got rejected and pulled back. How far could it pull back? The nearest horizontal support area is...
MATIC token is gearing up for a monumental pump, and it's aiming straight for the $1 mark! Yes, you heard it right! MATIC is on the rise, and we have all the reasons to be thrilled about it. This incredible opportunity is knocking at our doors, and it's time to seize it with both hands. So, buckle up and get ready to embark on a thrilling journey towards profits...
MATIC token has just experienced a remarkable surge of 6%, and the cherry on top? Whales are diving into this promising opportunity! Yes, you read that right! The MATIC token has been making waves in the market, and it's time for us to ride this exhilarating wave. With whales investing in MATIC, it's a clear sign that the smart money is betting big on its...
MATIC token has experienced a remarkable surge, soaring up by a staggering 3% in just a short span of time! This is an exciting development that should not be overlooked, and I encourage you to seize this opportunity and consider going long on MATIC. The recent 3% surge in MATIC is a clear indication of the growing strength and potential of this remarkable...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity MATICUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
In my opinion Matic is playing a triangle for 4th wave.