Is MATICUSDT About to Retrace? Watch These Key Levels Closely!Yello, Paradisers! MATICUSDT has recently shown a strong bullish move, but is it time to prepare for a retracement? 🧐
💎We’ve identified a crucial support level at the 61.80% Fibonacci retracement. A bounce from this level could signal another bullish wave, but we need confirmation. Specifically, look for an Internal Change of Character (I-CHoCH) to solidify a return to a bullish market structure.
💎However, if the market experiences panic selling, patience will be key. Wait for a potential double-bottom pattern to form at the second support zone. Remember, an I-CHoCH here is also essential for confirmation.
💎But if the price breaks down below the last support zone and closes a candle beneath it, this would invalidate our entire strategy. In that case, it’s wiser to stand aside and wait for a more favorable price action to develop.
🎖Remember, Paradisers, disciplined trading and waiting for confirmation are essential to long-term success. Stay sharp and focused!
MyCryptoParadise
iFeel the success🌴
Matic
Could MATICUSDT Be on the Verge of a Major Bullish Breakout?Yello, Paradisers! Are we about to witness a powerful move in MATICUSDT?
💎MATICUSDT has recently formed a classic Cup & Handle pattern, a bullish signal that can't be ignored. What's even more intriguing is that this pattern has developed within a Higher Time Frame (HTF) demand zone, significantly increasing the likelihood of a strong upward move. 📈
💎However, as seasoned traders know, confirmation is key. For this Cup & Handle pattern to be validated, we need to see a breakout followed by a candle close above the resistance zone. This will pave the way for us to target the next resistance levels confidently.
💎But what if the market pulls back? In that scenario, we could see the formation of a potential double bottom pattern within the bullish Order Block (OB) on a lower timeframe. Keep an eye out for an I-CHoCH (Internal Change of Character) as further confirmation.
💎On the flip side, if we see a breakdown with a candle closing below the bullish OB, this would invalidate our bullish setup, signaling that it's time to reconsider our strategy.
Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
MATIC LONG SETUP #MATIC looks good after a long falling channel for more than 100 days and is now ready for reversal. Seeing Bitcoin and market sentiments Target should be 0.58
#MATIC/USDT Technical Outlook: Bullish Trend Ahead#MATIC/USDT has shown a triple bottom pattern and is currently attempting to break out of a falling channel. If it successfully breaks out, we could potentially see a target price of $1.20.
ETHEREUM BULL RUN ROADMAP#ETHEREUM BULL RUN ROADMAP
1⃣ CRYPTOCAP:ETH Printed 2nd Highest Candle after Jan 2021
2⃣ Only 41% Away from ATH
3⃣ Strong Support = $2200-$2000
4⃣ High Chances to Approved Spot ETH in May 2024
5⃣ Bull Market Targets = $8000/$12000/$15000
6⃣ Below $2500 = Huge Buying Opportunities
NFA & DYOR
Maticusdt investment analysis Perfect time to invest in matic as btc touching ath and market is absolutely bullish m.. matic will surely give good returns in next few months
MATIC: Bullish Breakout Imminent! Key Levels to Watch 💎 MATIC has recently breaking out of a resistive trendline while forming a W pattern. Additionally, it has found support from the bullish OB, showing signs of CHoCH and forming an inverse head and shoulders pattern. These factors collectively increase the probability of a bullish move in the near future.
💎 If the price manages to break above the resistant area directly, it would serve as confirmation of the bullish momentum, potentially leading to further upward movement. However, if the price retraces and shows a pullback, traders may find it prudent to wait for the price to reach the bullish OB zones. These zones are likely to act as support, offering a better opportunity for a bounce and continuation of the bullish trend.
💎 Conversely, if MATICUSDT experiences panic selling and breaks down below all support levels, it would be advisable to exercise caution and refrain from trading until the market stabilizes. Panic selling often indicates significant uncertainty or negative sentiment, making it prudent to wait for clearer market conditions before considering entry positions.
MATIC in Descending tringle pattern: 1 Day ChartHello Everyone;
This time I am sharing my recent analysis on MATIC. i am following MATIC from a long time and also doing intra day trading in it until I was trapped by buyers. Yes, I am still in a short trade with almost -110% ROI. waiting for MATIC to come and test 0.72 area which is a strong support.
But, as you can see in the chart, BINANCE:MATICUSDT 1D. It is trading in a descending triangle pattern which shows a down trend for MATIC. If this triangle break out in down direction, I have marked my support zone for re entry to get LONG position. Right now I am just holding my wrong trade and waiting.
always use stop loss and safe your fund. last time i was really very optimistic for down trend and BOOMM!!!
have a safe trading.
MATIC Bullish Retest After Breakout so Target ?MATIC/USDT Chart Analysis: Potential 20-30% Rise on Support Level Bounce
Polygon (MATIC) has recently been retesting a key support level. This is an exciting time for traders and investors alike, as a bounce from this support level could potentially lead to a 20%-30% upward move in MATIC's value.
However, it is important to keep an eye on the $0.95 level. If the price of MATIC falls below this level, the trend could turn bearish, and it may be time to reconsider your trading strategy. On the other hand, if the price holds above $0.95, it could signal a bullish trend and a good opportunity to go long on MATIC.
As always, it is essential to have a clear exit strategy. If you decide to go long on MATIC, consider setting a stop-loss order below the $0.95 level to protect your investment.
Remember, the key to successful trading is to stay informed and make calculated decisions based on the market trend.
Keep an eye on the MATIC/USDT chart and be ready to adapt your strategy as the market evolves.
Matic/Polygon Trade Idea - Matic is currently trading in a flattish trend
- No impulsive move so far looks possible in Matic
- The underlying fundamentals of Matic is too strong
- For Holders, I would only suggest you guys to keep adding Matic whenever you see a 5-10% RETRACEMENT
- For Traders, I see 1$ coming soon but till the time Matic gives 1$ rest Alts might have pumped more so choose your alts wisely.
MaticUSDT short opportunity Matic is currently looking for a good correction I would suggest to look for short opportunity and only look for long opportunity at the buying zone
MATIC/USDT Technical Analysis: Navigating Key Levels and Potent MATIC/USDT Technical Analysis: Navigating Key Levels and Potential Scenarios
Current Status: MATIC is currently trading at $0.8532, reaching a recent high of $0.9831. The successful attainment of the $1 target, as previously predicted, signals profitable outcomes for those who followed our analysis.
Symmetrical Triangle Pattern: The chart reveals the formation of a symmetrical triangle, with a robust resistance level identified at $1.00. This pattern implies a consolidation phase, and future price movements within this triangle are crucial in determining MATIC's trajectory.
Future Potential: A breakthrough above the $1.00 resistance level could pave the way for a substantial uptrend, with potential targets ranging from $5 to $10 in the next bullish cycle. Traders are urged to closely monitor this pivotal level.
Bullish Momentum: In a bullish market, MATIC exhibits strong upward momentum, creating favorable conditions for potential breakout opportunities. Stay vigilant for positive trends and capitalize on bullish movements.
Potential Retracement Scenario: A rejection from the $0.90-$1.00 resistance zone may prompt a retracement, possibly testing the $0.48 support level. Such retracements offer buying opportunities for those seeking entry at more favorable prices.
Critical Levels to Watch:
Support Levels: $0.48, $0.30
Resistance Levels: $1.00, $1.50, $2.90
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MATIC PRICE ACTIONDespite the short recovery, the MATIC coin price reverses its course to take a bearish turn. This represents a sharp and sudden increase in selling pressure. The MATIC price falls below the $0.65 mark and approaches the crucial bottom support at $0.60.
This is a significant level of support, and if the price breaks below it, it could lead to further declines. However, if the price can hold above $0.60, it could start to recover.
The spike in intraday trading volume intensified the 5.97% drop last night as the MATIC prices broke under $0.65.
The selling pressure was so intense that it caused the price to drop below $0.65. The crazy selling trend continued today, with a 3.02% fall. At the time of writing, the price of MATIC is at $0.60, and it will likely continue to fall until it reaches the support zone at $0.55.
The sharp selling pressure in altcoins makes it difficult for MATIC to find a reversal point. However, the solid bullish dominance at the $0.60 support level could absorb the selling pressure. This means buyers may find the drop to $0.60 a good entry point.
If the market reverses and moves higher, MATIC could reach the 50-day EMA, close to $0.70. However, if the price drops below $0.60, it could test the psychological level of $0.50.
MATIC/USDT : Inverse Cup and Handle Points to Bearishness💎 Paradisers, zoom in on MATIC/USDT at the daily chart. It's sketching an inverse cup and handle pattern, hinting at potential bearish undertones. If MATIC/USDT dip below the 0.4851 demand mark, we're expecting targets till the demand levels of 0.3470 and 0.2269.
💎 However, a surge past the handle's peak at 0.9342 would invalidate this bearish pattern. The cup's peak indicates a lower high (LH), while the handle's pinnacle suggests a lower low (LL), signaling that the bears are flexing their muscles. Navigate wisely and stay ahead of the curve, ParadiseSquad!
MATIC/USDT forming W pattern WIth MACD bullish divergenceMATIC/USDT
💎 ParadiseSquad, let's turn our attention to MATIC/USDT. Currently, it's consolidating beneath the demand and supply zone on the 1-hour timeframe. Interestingly, it seems to have trapped breakout traders who entered at the breakdown of the demand zone.
💎 If these traders have placed their stop losses above the supply zone, a break above this zone could trigger a bullish move. The MACD is also indicating a bullish divergence, further supporting this potential upward shift.
💎 We're looking for a breakout above the supply zone at 0.6857. If this occurs, we could see targets reaching up to the next supply zones at 0.6982 - 0.7039. However, if it continues to consolidate under this area for an extended period, it may reduce the likelihood of our analysis playing out, and it might be better to stand aside.
💎 The 200 EMA is also close to the supply zone, which could make it challenging to break through the supply zone. However, once it does, we could see a significant upward movement. As always, stay alert and happy trading, ladies and gentlemen!
MATIC dumpin the chart the matic is look weak in the 1hr time frame it may dump till 0.728 that is the next support so it give a short indicter on this chart setup
MATIC/USDT: Anticipating Bull Journey After a Corrective Phase ?In this technical analysis, we will examine the MATIC/USDT trading pair's recent price action and chart patterns.
1. Resistance Area - 0.8000-0.8150:
MATIC/USDT has been facing a significant resistance area around 0.8000-0.8150. Multiple attempts to break above this zone have resulted in pullbacks. Traders should closely monitor this level as a successful breakout could trigger a bullish rally. .
2. Expected Corrective Phase and Potential Buying Zone - 0.5500-0.6000:
Based on our analysis, we anticipate a corrective phase for MATIC/USDT in the near term. This retracement could find support around the 0.5500-0.6000 region, a crucial buying zone.
Traders looking to enter long positions may find this level attractive as it aligns with historical support and offers a favorable risk-to-reward ratio.
3. Continuation of Higher Lows Patterns and Liquidity Sweep:
Despite the resistance, MATIC/USDT has been forming higher lows, indicating potential bullish momentum. However, before resuming its upward trajectory, the price might perform a liquidity sweep towards the 0.5500-0.6000 support zone.
Such a move is a common occurrence in crypto markets and should not be mistaken for a trend reversal.
Conclusion:
In conclusion, MATIC/USDT presents an intriguing trading opportunity for followers of our Trading View ideas. The resistance area of 0.8000-0.8150 and the expected corrective phase towards 0.5500-0.6000 make for crucial decision points. Traders should exercise patience, wait for confirmation signals, and manage risk effectively for potential gains towards 0.9000 and beyond.
MATIC - Bearish Triangle PatternsMATIC 1-hr. Chart Analysis
CRYPTOCAP:MATIC still moving at present into symmetrical triangular pattern of Bearish mode and soon with in 24-48 hrs, it will be reach out their first Lower-Low mark of 62-80 cents again.
Always #DYOR & Trade wisely by using #StopLoss
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MATIC - Ascending Parallel ChannelMATIC 1-hr. Chart Analysis
Basically 1 hour chart Analysis for 7-10 days of projections only, in which if 3-4 days of chart performance was in perfect mode then you will be easily analyse for next 4-5 days of projections in accurate way.
As per my previous analysis of CRYPTOCAP:MATIC this cycle movements into Ascending Parallel Channel, running from 28 june and end approx. 8 july, its 80% cycle performed very well and last time i told you for breakout of 71-72 cents, while that time its price running at 64-65 cents and now at per present scenario, it is going to complete its final wave, thats Uptrend mark is 76 cents and after that it will be goes Bearish upto 65-66 cents again to complete full cycle.
As per FIB Extension marks also, its last lower is around 65-66 cents.
Lets see, whats final breakout upto 8-10 july.
Always #DYOR and Trade wisely by using #StopLoss
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MATIC on BULLISH ModeMATIC 1 hr. Chart Analysis
After Lower-Low retest mark of 59 cent, MATIC starts its Uptrend cycle into Ascending Broadening Wedge Pattern and soon it will break again Lower-High 70-71 cents within 24-48 hrs in June month, and as per FIB Retracement markup points too, its upper point is 71 cent too.
Always #DYOR and Trade Wisely by using #StopLoss
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MATIC under Bullish FLAGMATIC 4hr. Chart Analysis
As per present movements of MATIC into Bullish FLAG, soon MATIC will be cross 70-72 cents up to next 72 hrs. to Achieve its next Higher-High point after today achieving its Lower-Low of 62 cents
Always #DYOR before investing in Crypto, and
Trade wisely by using #StopLOss.
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MATIC into Bullish Target in 24 hrsMATIC 15 min. Chart Analysis
MATIC performing very well at this time for traders, In previous cycle of Pump n Dump, it created best cycle of Bearish Flag pattern in short terms and Descending Broadening Wedge of Bullish cycle in Long term cycle and it will be soon break their 70 cent Uptrend target within 24 hrs. too.
Every thing displays in Chart, just follow it...
Always #DYOR and Trade by using #StopLoss
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MATIC Chart UpdatesMATIC hourly chart running as per Bearish FLAG Pattern and soon it will be goes more Bearish in deep from last year Lower-Low 2nd Cut-off point at 41 cent and after that Lowest-Low 3rd Cutt-off point is 31 cent around, but as per me major chances it will be revert from last 35-38 cents.
always #DYOR
