MTCUSD trade ideas
Update: Simple chart for Polygon (MATIC) - keep an eye on $1.36Update: Simple chart for Polygon (MATIC) - keep an eye on $1.36
Huge volume support that better not be broken and confirmed to the downside.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
MATIC.Usdt (Y22.P1.E2).looking for the breakoutHi All,
The chart pretty much says it all.
2 ways to approach it, look for a bullish candle on the 8 hrly or enter after it breaks out from the made sloping resistance TL along with the .236 fib.
# I have already entered as a SPOT trade and maybe add more for a potentially strong breakout like others have already done. The Daily RSI shows how close it is.
All the best,
S.SAri
Matic bull target scenarioI am noticing a lot of cryptos at support in bull patterns or continuations of those patterns.
I obviously cannot predict whether or not we go up but the pattern is there and the bull targets above are fib based. Not subjective.
Happy trading.
MATIC ABOUT TO EXPLODE?In this chart we can see that matic is coming to a point where its either going to make a leap to the sky or to the ground. In my view it can potentially go to 1.9 area (bull scenario) or 1 dollar area (bear scenario). It might be intresting to watch matic the coming days to get a good buying oppertunity.
MATIC looking ready to pumpMATIC has cleared the trendline. Look for $1.42 to clear for a move to $1.62 at the fib level.
Good Luck
MATICUSD Bullish ForecastOn the retest of a demand zone, Matic has a positive projection. The take profit zone will be located within the price chart's RSI Levels, in the area of 51.3654 RSI.
MATIC high probable 7%+ long target detectedI'm seeing a momentum shift taking place in Crypto, and in the next 24hrs, we are expecting a minimum of a 5% upward move in ETH and BTC. However, MATIC is showing a bit higher potential with a 7%+ gain target.
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Polygon ($MATIC) New DTF FIB$MATIC DTF not looking so hot (as with the overall market). I can see oscillators losing strength and I am looking at the lower FIBS as points of accumulation. Buying in these market conditions is a no brain-er. Why pay more on market pumps? Do you like spending extra money?
MATIC restart falling wedge with double bottom on 15minMATIC restart falling wedge with double bottom on 15min. MATIC seemed to have held well in comparison to other altcoins
MATICUSD (4H) - Bearish reversalHi Traders
MATICUSD (4H Timeframe)
Waiting for the downward break of 1.370 support level which will complete a bearish trend reversal pattern to go SHORT. Only the upward break of 1.545 would cancel the bearish scenario.
Trade details
Entry: 1.370
Stop loss: 1.545
Take profit 1: 1.265
Take profit 2: 1.095
Score: 7
Strategy: Bearish reversal
Lost supportMATICUSD lost support level taking a SHORT position to the lower side of this channel.
This is not a finacial advice only sharing our trades with you. Please always do your own research in trading.
Matic falling wedge, pumpMatic is rangebound.
We deviated to the downside and just completed the falling wedge pattern. Range high is likely imo.
Tight SL.Red area potential rejection/setup fail. Above relatively safe.
Matic Price Targets and Stop LossEntry Range: $1.45 - 1.55
Price Target 1: $1.72
Price Target 2: $1.93
Price Target 3: $2.15
Stop Loss: $1.33
MATIC Bullish Triangle Pattern 🍆Placed some longs on MATIC with tight stops below 1, aiming for a 1:3 risk reward trade
matic, potential short into range low We're at midrange which is also point of control(poc).
High probability short would be retest of grey orderblock.
Daily hidden bearish divergence + regular bullish divergence.
-> short term bounce, then nuke?
-> could also nuke here, but opening short against daily bullish divergence seems risky
Mid-longterm -> revisit range low
Polygon (Matic) Road back to ATH Potential +80% Gain
Polygon (Matic) Road back to ATH Potential +80% Gain. Beautiful double bottom chart formation has formed for Matic on the Daily, from the current price level we expect the 13ema to cross up above the 50sma signalling strong bullish momentum
Polygon (Matic) Road back to ATH Potential +80% Gain
Polygon (Matic) Road back to ATH Potential +80% Gain. Beautiful double bottom chart formation has formed for Matic on the Daily, from the current price level we expect the 13ema to cross up above the 50sma signalling strong bullish momentum
MATIC ITS ON break and retestLets wait for a bullish confirmation candle pattern,we are expecting formation of bullish engulfing candle to be our confirmation candle if bulls become more stronger than the bears otherwise we might get another lower low price
Comment below to see whats your opinion….
