MATIC/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...
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...
MATIC 1-hr. Chart Analysis As per hourly chart movents of MATIC forming pattern of Bearish Pennant, within 12-24 hrs. it will be goees more bearish upto 64-62 cents minimum or maximum upto 60 cents. Always #DYOR & Trade wisely by using #StopLoss MUST LIKE & SHARE it...
#MATIC 4hr. Chart Analysis As per CRYPTOCAP:MATIC movements into Ascending Parallel Channel or into Bearish Flag Pattern, it starts from 10th June. after immidaite DUMP from 78 cent to 50 cent last time, it's well moving as per chart patterns and finally cycle close down at 22-25 july with more Bearish mode, may be last time with 45-50 cents again. Yesterday,...
MATIC/USDT faces a notable resistance area within the range of 0.7000 - 0.7100. Traders should closely monitor price action around this zone, as it represents a crucial level that could influence the future price direction. Based on our technical analysis, a correction in price is anticipated for MATIC/USDT. Traders should consider potential levels within the...
MATIC 15-min. Chart Analysis After Completing previous bullish cycle, MATIC again ready for next Bullish Trend, under the movements of Descending Right Angled Broadening Wedge Pattern, which is finally breakout on Bullish mode and major chances will be this time breakout previous 70 cent target within 24 hrs. cycle. But, before that, its last Bearish cycle is...
VOLUME : The transaction volume on Polygon’s reached 14,780. The decline in activity on the Polygon protocol could impact MATIC as well. At press time, however, Polygon’s usage and MATIC’s price were not directly co-related. RESISTANCE LEVEL : The resistance level of $1.056 on 26 April, MATIC’s price fell by 19.43%. MATIC was trading at $0.851. Its RSI had...
Matic 🚀🚀🚀🚀 Good opportunity to invest in matic Perfect level taking support at trend line
Matic is taking support at the trend line. You ca accumulate few here very good chance to take advantage of the opportunity.
MATIC has broken out of the top of channel. Positive sentiment around altcoins growing. Many altcoins to follow similar move.
Everything is marked on chart with spot entries and fib value
If we consider $2.88 as the top of the previous cycle and $0.32 as the bottom of the previous cycle, in the next bull run, MATIC is likely to head towards 1.30, $1.60, $1.90, $2.33 and $2.88. Clearing the previous high of $2.88 could place MATIC in the long run at $4.46 and $7.02 (2.4X of previous ATH).
On the daily chart, we are seeing a close resemblance to the cup and handle pattern. If MATIC can break the resistance at $1.31, we could start seeing a move towards $1.69 and $2.10. Rejection of $1.31 resistance area could most likely lead to a drop towards $0.94 and $0.75 and if BTC drops further, MATIC is likely to enter the final bottom area of $0.56 which...
As per the 4 hour candle, MATIC broke the trend-line support on2nd march and now has a clear resistance at $1.25. It is likely to continue a downward movement towards $1.05. If the support at $1.05 breaks which seems likely, we could see a move towards $0.94 and $0.87. This looks like a more likely short term price action on MATIC. In the less likely event of...
LONGed MATIC for a scalp trading.Price moving in accordance with BTC though.1:2 trade
Matic is in a consolidation phase on a larger time frame and i expect it to start a trending move once the levels are taken off.
Bitcoin has been in a strong uptrend for the past few months, with the cryptocurrency reaching a local high above $25000. However, since then, the price has been consolidating within a range between $24500-25000 Currently, Bitcoin is showing signs of a potential bullish continuation, as the price has formed a bullish flag pattern, with a narrowing range and...
creating a base just below strong resistance .. can be a good buy abv 1.05 and good for investing also