CRYPTOCAP:MATIC
From the bottom we've watched a Wyckoff Accumulation jump the creek and stair step through a 5 Elliot's Wave and print a rising ABC flag, while coiling on support and showing a SOS at the LPS all while printing a large daily bullish OBV divergence.
Matic has always been a slingshot play, this lag in PA is exactly what was needed to shakeout the...
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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 -...
As a quantitative analyst and algorithmic trader, I am currently crafting a spot portfolio aimed at achieving over 100% profit in the crypto market.
My algorithmic trading approach operates within a cloud-based system featuring two distinct edges tailored to capture different market trends: the medium-term edge, situated closer to the current market price, and...
🔍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...
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...
💎 Paradisers, pay close attention to #MATICUSDT. It’s currently displaying a promising sign of an upward trend, having recently broken above its descending trendline. This sets the stage for a potential bullish move
💎 Historically, #POLYGON has adhered to a descending channel pattern, consistently showing lower lows and lower highs. At present, it’s positioned at...
MATIC has been exhibiting a peculiar pattern on the daily timeframe. The price has been accumulating lows twice now, followed by a sharp shakeout of those lows (liquidity grab), which then triggers a pump. This article will focus on the idea that history repeats itself in the market and how we can capitalize on this by identifying these patterns.
The accumulation...
There was a fall alert from about $1.20 because btc said so.
I assumed that, you didn't know that? Then I know you didn't follow my btc analysis.
Matic tells us what the market situation of other coins will be in the near future.
A 30% drop is not surprising, we exist in a pyramid scheme, this is normal.
My real giga deal is point c, not the giga level in the...
MATIC might have been completed 4th wave of downtrend inside triangle pattern. We need the price to stay above 0.52 level in order to be bullish. Soon it is expected to catch bullish momentum once BTC melting stops.
We will attempt to buy MATICUSDT at breakout of LH by placing buy stop (also HL , Bullish divergence occur indicate that it will move upward).
SL , TP mention in chart.
Came Back after a long Break. The break was worth it.(The Alts Nuke was kinda Unexpected)
Will be shorting Matic 0.7550 above.
I think it can go down about 10-23% before turning the trend.
targeting 0.6900 and 0.6600.
Stoploss above 0.7650.
Not: Not a Financial Advice.
"🔍 MATIC is currently at a critical level, sitting at the 0.886 Fibonacci retracement zone, a historically strong support area. 📊 This level often indicates a reversal point in the price action. 🔄 Additionally, we're seeing promising signs of accumulation, suggesting strong buying interest.
💡 For traders looking to capitalize on this setup, spot buying at this...
We are currently trading below the lows of the HTF range (red lines) on MATIC.
Let's see IF BTC hold its lows and manages to hold the overall crypto market.
IF we fail to hold these levels on MATIC we should hunt the sellside liquidity resting around 0.4000$
IF we hold these levels expect us to aggressively run the buyside liquidity.
Don't try and FRONT RUN...
We have a bullish Megaphone pattern on the #MATIC daily chart, which is promising. If you want to enter this setup, use stop-loss. Because Bitcoin can ruin the party at any moment. Targets are:
$0.8307
$0.9169
$0.9866
$1.0562
$1.1554
$1.2818
$1.4424
$1.5263
I don't have a position in MATIC although I might have one soon. It is just interesting to me as a chart.
Bearish argument: It's a really wicked redistribution.
Bullish argument: It's something like a bullish rectangle.
