With BTC trading bearish over the last few weeks, alts have taken a big hit. MATIC is one of the alts who has practially lost all the gains over the last half year in a matter of weeks.
However, MATIC has found support on the main bear market support (purple). This signal is based on the idea that the support will hold and that both alts and BTC will reverse from...
BINANCE:MATICUSDT
Observation: We are retesting the current major resistance and the point of interest, expecting to see a pullback to the upside to it and then we see a rejection.
Falling wedge pattern is bearish, we can break below of it. But it could be either for a continuation to the downside or a fake-out then we break from above of the resistance.
A large triangle can be obtained using previous highs.
MATIC is testing the trend line for the third significant time.
I think this trend line will be broken and MATIC will break out upwards
I'm very bullish
I think of MATICs chart as ETHs was in its early days
The price reached the deman zone on the daily timeframe. We can see that the price formed a double bottom. BINANCE:MATICUSDT broke and closed below the upward channel. I think the market might move up to retest the resistance because, on the weekly timeframe, we have strong rejection going on. Also, the market fell below the range zone and quickly rolled back,...
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...
MATIC/USDT appears to be carving out a classic ADAM and EVE bottom, signaling a potential reversal. Price movement is advancing towards a prime buyback region, aiming to finalize the EVE component of the pattern.
We should consider the immediate Buy Zone as a favorable entry point. On the flip side, a significant demand area lies beneath, poised to serve as...
While Polygon is sure to take part in the first 2024 Cryptocurrency marketwide correction, this is only a short-term move.
Short to mid-term to be more specific as this correction can extend and about this we will know more pretty soon.
Polygon has been growing long-term, it is surely an amazing project.
Cryptocurrency as a whole is something unique; a perfect...
Last year I wrote the idea:
“MATIC - The one token not to hold in 2023”
It was not a popular opinion. Link to idea below. At the time price action was at 97 cents. Down 13% currently in what was arguably one of the most bullish years for markets those past 30 years.
What of 2024? Nothing good. A weekly death cross is almost certainly going to print by the month...
There was a fall alert from about $1.20 because btc said so.
I assumed that, you didn't know that? Then I know you didn't follow my btc analysis.
Matic tells us what the market situation of other coins will be in the near future.
A 30% drop is not surprising, we exist in a pyramid scheme, this is normal.
My real giga deal is point c, not the giga level in the...
Hello Trader BINANCE:MATICUSDT.P
1-day strong bounce area support in the 0.6033 area confirms the reversal to bullish, and there is a bright spot at the moment for automatic pairs, it can be at the market price or buy limit area 0.7175
take profit 25%
stop loss 4%
Please add a comment and Positive feedback and constructive criticism are important to authors...
#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.
A sideways range has formed on 4D TF. The seller's vector has reached the obligatory goal. The buyer has not yet shown strength. I will wait for buyer action to buy. The target could be 1.29.
A sideways range has formed on the hourly timeframe. Buyer vector 5-6 has been won back. The seller vector (6-7) is currently relevant.
If the seller breaks the 0.7006...
Matic usdt is ready to turn and will target 2.4 $ mark, once that's taken out, it will target a new all time high.
Entry - 0.72
SL - 0.41$
Target 1 - 1.9$
Target - 2 - 2.4$
Target - 3 - 3$
Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2...
Polygon Coin has made a decent breakdown of the local support zone, and the price is now having a re-test of that same broken zone.
We are now looking for full rejection near that zone and further downward movement beyond that target zone!
Swallow Team
Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Almost nothing has changed from my last idea, price went by alternative option, continuation of growth is relevant.
Targets: 3 - 5 - 9
Main(investment) target zone: 9 - 12$
Cancellation of setup -...
🔍Today, our focus is on MATIC, which finds itself on a significant support level in the 4-hour timeframe, presenting a vital opportunity for its progress path.
☢️Following the Iran-Israel conflict news, the entire market experienced sharp declines, leading to a more rational market condition. The previous sharp wave corrected to the 0.382 Fibonacci level, and...
