Maticnetwork
MaticMatic is taking support at the trend line. You ca accumulate few here very good chance to take advantage of the opportunity.
matic trade ideamatic is in range bounce since many days and is trying to hold weekly support can be bought here if it breaks this range
15 MINUTE TIME FRAME MATIC ANAYLSISuse this chart for short term trade in Matic chart is given with proper risk ratio rewards
MATIC longPrice Action Trading:-
Buy on Breakout of the trendline,
atleast 15min candle should close above 1.3570
STOPLOSS below previous pivot low i.e below 1.2937
Reasons to go long
1. Support Zone
2. 0.5 Fib Lv
3. Double Bottom Pattern
matic is now testing the major support, expected bounce!!Technical analysis:
#matic(Daily update)
* MATICUSDT is moving in falling wedge pattern, the beginning of an uptrend is expected when it will break falling wedge upside.
*The price is trading BELOW 21- MA as well as 50 MA, NEED to breakout both MA's as well as downtrend to be bullish .
*MATIC is now testing the major support zone. MATIC need to hold above $0.75 otherwise we will see heavy sell-off around 0.32. We may see a bounce from the support zone. Use stop loss below 0.70 if you have any open position in MATIC.
*presently most likely there will two scenarios to may be play out shown in my chart. scenario 1 is probably more likely if btc could bounce from here otherwise we gone 2nd one.
Take Profits:
TP1= @ 1.75
TP2= @ 2.33
TP3= @ 2.69
SL= 0.70
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#MATICCOIN #CRYPTO #BULLISHRUN #ALTCOIN #DOWNTREND
MATIC NETWORK WILL GOING 0.03$ IN 2 AND 4 DAYSMATIC NETWORK WILL GOING 0.03$ IN 2 AND 4 DAYS. SO BUY AT CURRENT PRICE IS 0.021$. I AM SHOWING CHART OF MATIC NETWORK ANALYSIS.
MATIC Network Continues Strong | Challenges EMA100 Next!MATIC Network (MATICBTC) continues strong after our analysis shared on the 7-August. The low has been maintained, we are seeing slow and steady growth.
Previous analysis:
Now, we are getting signals that MATICBTC can move higher, let's take a look at those:
We are seeing a bounce after a potential higher low.
MATICBTC moved above EMA5 and EMA10, the daily candle is still active and needs to close for this signal to be confirmed.
Challenging EMA50 (0.00000139).
Volume starting to increase.
RSI strong and bullish above 50.
Next target is EMA100 (0.00000158) if EMA50 can be broken.
The chart is bullish and bullish potential is dominant with MATICBTC trading above EMA10 (0.00000133).
Conditions for change: If MATIC's price moves lower and closes below 0.00000120, the above signals are invalidated and we are very likely to test the next support. A new analysis is needed.
Any questions?
Use the comments section below.
Namaste.
