💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.398).
. 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 dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.541
TP2= @ 1.686
TP3= @ 1.868
TP4= @ 2.045
TP5= @ 2.191
SL= Break below S2
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Matic
Market Exit- Short termTotal 2 market cap gives a clear idea about how Altcoins can perform.
It's supports and resistance gives a clear indication when alts can pump and when it's time to exit.
As per the trend line shown, according to me after reaching the market cap of 1.35-1.4 T, the trend can break, retesting back to 1.2-1.25T which can significantly lead to alts dumping.
Till then, I expect $BTC to reach 51-52k mark and retrace back up to 45-46k (which should hold, if not it will go back to 30-34k and may be much lower)
#cryptocurrency
CRYPTOCAP:TOTAL2
BINANCE:BTCUSDT BINANCE:ETHUSDT
#Matic update scalpzone with sup. & resis. in 1hr TFMATIC is trying hard to break the resistance of the $1.730 area. A break above this resistance area is bullish and we see a move towards the $1.94 level. The local support is $1.586 and major support is $1.5.3 area. Wait for a break above this for new entries.
MATIC Long 📈Polygon is expected to cross $1.9 according to the FIB and made a breakout from the regular trending resistance.
MATIC - Ready For A Up moveAfter a good correction in all the crypto market. A bottom/base seems to be formed. If It has to give a good up move, this is the place after the trendline breakout it will change its swing to uptrend. Levels are well explained in the charts.
#matic scalp zone 4 hr TF sup. & resis. #MATIC is lying on the one of the major support zone of $1.503. Price tried to break the resistance but ended up being a rejection candle.
MATICUSDTMATICUSDTPERPE looks bearish to me in higher time frames and lower, also BTC volume too low and its weekend
NOT A FINANCIAL ADVISE
Is MATIC (in 2021-22) following ETH's path (2017-2018) ?It's fascinating to see how MATIC's weekly chart has remarkable similarities to ETH's 2017-18 run.
If it continues following the same pattern, what comes next should be a 'blow off top' run to the peak of the cycle.
Taking some cues from ETH, it looks like Matic broke out the consolidation range, retested it and is bouncing off nicely.
As long as BTC doesn't nuke and the breakout and retest of prior resistance holds, Matic bulls look like they're back in the driving seat.
If you like the analysis, please give us a like, share, comment and follow so that we keep more good content with the crypto community.
Cheerz and happy trading! :-)
Matic Quick Update (50%+ Possible)Matic did an ascending triangle breakout also the BTC pair did a breakout, Matic is looking ready for a new all-time high.
Targets would be $2.50 and upwards.
1 Day Time Frame for MATICUSDTWas forming a symmetrical triangle, retested, and broke the previous day high. Going to an all-time high. Levels as per screenshot.
💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.539).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 1.690
TP2= @ 1.724
TP3= @ 1.827
TP4= @ 1.925
TP5= @ 2.061
SL= Break below S2
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💡Don't miss the great buy opportunity in MATICUSDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.675).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 62.
Take Profits:
TP1= @ 1.823
TP2= @ 1.951
TP3= @ 2.066
TP4= @ 2.218
TP5= @ 2.396
SL= Break below S2
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Matic Price predictionpolygon Matic Price prediction and technical Analysis
Matic breaks the lower trendline
3 Possibilities of MATICEverything is described in the chart itself. Check out the 3 possibilities.
Do let me know if y'all want to learn the 5 types of Harmonic Patterns.
Also, comment down the name of this harmonic pattern.
Like and share this page. Show some love!!
MATIC in buying zone!!!Matic has been pumping 14-15% daily for quite a few days now. It is making a higher low right now. It might get retraced from the Golden Zone of the Fibonacci!
💡Don't miss the great buy opportunity in MATICUSDTrading 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 dynamic support.
. The RSI is at 72.
Take Profits:
TP1= @ 1.599
TP2= @ 1.747
TP3= @ 1.889
TP4= @ 2.073
TP5= @ 2.264
SL= Break below S2
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💡Don't miss the great buy opportunity in MATICUSDTTrading 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 dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.440
TP2= @ 1.520
TP3= @ 1.616
TP4= @ 1.750
TP5= @ 1.951
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
