MATICUSDT
MATICUSDT has growth potential.As we can see on the daily timeframe, a symmetrical triangle has formed, which can be broken both up and down. If the price breaks the triangle up, there is a potential for growth to $ 2.2 or $ 2.4, but if it breaks down, the price may fall to $ 1.07. The upside potential of the coin is great, in the near future it should show good growth.
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MATICUSDT Technical Analysis
Happy Monday guys, I'm here with another Signal
MATICUSDT has broken above a major Resistance and now it's ranging. because of the big Green candle I think it's gonna go higher how ever it might Pullback to 1.3 before it rises. So we need be cautious to see the price action.
Buy now or Buy at 1.300
SL @ 1.23
TP1 @ 1.5
TP2 @ 1.67
Happy Trading :)
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WIll Matic finally break Its resistance Trend?On a 4 hour and daily chart, we can see a Strong Trend that Matic has been following. WIll it finally break free of it or will continue down further?
MATIC COIN NEXT BIG MOVE COMING SOONTechnical analysis:
. MATRICUSDT is IN down trend, the beginning of an uptrend is expected from here.
. 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.
Take Profits:
TP1= @ 1.75
TP2= @ 2.33
TP3= @ 2.69
SL= 0.90
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trading plan for maticmatic looks very good for a trade because of the consolidation.
BLUE LINE ARE LONG TGTS
PINK LINES ARE SHORT TGTS
BUY AFTER 15 min candle CLOSING
MATICUSDT 31/05/2021MATICUSDT forming pennant and testing Fibonacci lines. If it breaks the major resistance more highs can be seen , breakout can be confirmed with
crossing resistance and crossing Fibonacci levels , MA , MACD levels seems positive.
MATIC BREAKOUT ? I am learning TA, and just posting it to get feedbacks and learn constructively ... Thanks
MATIC near strong supportMATIC Polygon has been one of the coins with high volatility and now that it is near two curical support lines, I expect it to dip a little further from here and bounce back very strong from here. If support is broken, entry is invalidated. I expect the support to hold strong. RSI is oversold here and might be a good sign to enter once MACD validated after a little dip.