matic range breakout on 1 hour TFMatic was facing resistance around 0.85-87 for a while, and a breakout has been done above this , also in lower timeframes retest is successful, hence we can see a upside move towards the next resistance around 0.95-99 , there is a small resistance around 0.91 but it seems to be broken in coming days.
Enter now for the above target with a safe stop loss of 0.83
Disclaimer : This is just my views and analysis and none of it is financial advice
MATICUSDT
15 MINUTE TIME FRAME MATIC ANAYLSISuse this chart for short term trade in Matic chart is given with proper risk ratio rewards
MATICUSDTMATIC had an amazing run, cooled off a bit and now formed a bull flag. There was a retest on resistance of RSI and MACD is turning bullish as well.
MATICUSDTWho doesn't like a cup of tea or coffee especially in this market. Hopefully it'd be too hot to handle and won't spill out.
#Matic scalp zone 4hr TF with sup. & resis#Matic looking bearish in smaller time frame as well larger time frame so m trailing my stoploss till 1.3.
Matic 4H chart lets see if it follows the fib or not?I think it will follow the fib since, most people don't know whats gonna happen in the market right now.
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 forecast in 4 Hr TF, with sup. and resis.#matic broke its major support of 1.5 and trend line now taking support from 1.4. Trail your stop loss
Matic Hey i just sharing my analysis that I'm seeing in chart.. First it need to break that orange line take trade after retest then go with confo..
MATICUSDTMATICUSDTPERPE looks bearish to me in higher time frames and lower, also BTC volume too low and its weekend
NOT A FINANCIAL ADVISE
MATICUSDT tradnig at area of confluence BINANCE:MATICUSDT
MATICUSDT is forming an ascending triangle kind of a pattern and currently trading at trendline support which is also an area of confluence.
Fresh position to be considered after a breakout or breakdown of the pattern.
Plan your trade accordingly !
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! :-)
MATICUSDTLook like Uptrend ! Channel patter formation on MATIC COIN on a daily timeframe ! Target should be around 3$ ! incase BTC sudden crash this chart not valid !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
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MATIC/USDT Daily TFTrend - uptrend
Pattern - Ascending triangle pattern
Resistance - 2.5$ - 3$ (currently at resistance)
Support - Trendline support
Indicator - Above 50ma
Entry - above 3$ (wait for good bullish candle)
#Always trade with a trade plan
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.
Matic Long TargetIf Matic crosses the white line then you can have a long position and the target will be the yellow circle.
💡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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