MATIC bearishMatic Needs to breakout that resistance for bullish momentum
Matic is currently on Dropping after testing resistance resistance if btc starts dumping matic could dump hard
chart is also looking bearish
Open shorts 1.85
Sl break above 2$
Target 1.50$
RR 3.0
MATICUSDT trade ideas
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 can give a bounce back and breakoutIf MATIC can hold the triangle bottom, it can give a nice up move
Targets Zones: 2.14-2.69-3.16
Stop Loss Zone: 1.72
Disclaimer: This is just my personal view. Please do your own research before trading.
Matic Looks bearishBINANCE:MATICUSDT
Possible Short Scenario in Matic
Shared my view on Matic
One can build his/her position accordingly
MATICUSDTEverything on the way that BTC leads. MATIC on the down trend to the demand zone. First it took the instability and now to the demand zone.
MATIC BREAKOUT ? I am learning TA, and just posting it to get feedbacks and learn constructively ... Thanks
MATIC/USD 1H BULL FLAG.MATIC/USD 1hr chart, bull flag break out, with extension all the way to $2.70-$3.00 region with the following pullback to the previous ath do build a base (support). 1h golden cross. glta. like if you like. thanks")
MATICUSDT - fall and rise.As we can see on the daily timeframe since May 19, the price has dropped to $ 1. Then the price rose to the resistance level of $ 1.75 and went down again. Most likely, the price will fall to the trend line or possibly even to the support line at $ 1. From where it will bounce again and grow. If the price breaks the resistance line, it may drop to $ 0.75.
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Good luck and big profits.
Breaking above ConsolidationThe market is still Bullish after it breaks above Consolidation.
We can expect a Future Resistance levels around 2.40000s
V TurnThe past few candles have been very bullish.
We can see the market going near Resistance levels soon
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.
Matic - Amazing Run | Time for correctionBearish RSI Divergence on multiple high time frames.
Weekly RSI at 96 keeps bother me at this level.
Send it south.
