Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.348).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.315).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
A simple long idea for Polygon (MATIC)
1/ technical perspective, although its too early, MATIC is forming an ascending triangle
2/ the rate of adoption of Polygon network is unfathomable, which will be a key driving factor in the upcoming bull run.
10x leverage
Matic one of the best performers
Never broke heavily even after 19may cascade
Expecting this badboy to catach up to ADA soon in price and enter top 20 via mcap soon
In process of Inverted Head & Should Pattern formation (Right Shoulder pending).
Resistance around 1.7.
Looking good to be accumulated at current levels. Breakout above 1.7, may give a good move beyond.
Watch out for it!!
IN 2H AND 1H TF WE CAN THE price moving in a channel and the charts allow us to create a buy order for a short period of time
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if u need more details u can comment "more"
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Yesterday , I posted this chart and within few hours $GTC started picking up heat even in a choppy market , now we can expect a retest of the previous resistance. On a successful retest , the resistance will turn into support and it is good to add to your positions in the fib range 0.382,0.5,0.618 , I will be adding in these three spots by splitting up , stop loss...
Theta facing so many resistacne above it and has to break all of it in the upcoming months , it will be a hard time for Theta to do it , local resistance is t 7.9-8.5 , I can't see any clear price discovery happened to theta in the short term after the triangle break , Triangle breakout also lacks volume , be careful before taking a trade too soon
