MATICUSDT trade ideas
MATIC GOES TO MOON AND MARS!MATIC THE MOST POPULAR TOKEN NOW EVERYWHERE IN DEFI, ETHEREUM NETWORKS,NFT TO PAY FEES
AS PER MY ANALYSIS ON THE 45MIN CHART OF MATICUSDT BINANCE, I FOUND BULLISH DIVERGENCE ON LONG TERM INVVESTMENT
WE ALREADY CROSSED THE TIME OF ACCUMULATION AND SELLING PHASE THE USE OF MATIC TOKEN IS INCREASED 20FOLD TIMES ON THE ETH NETWORK FOR PAYING FEE
ALSO THE INCREASED LISTING OF MATIC IN NEW EXCHANGES LIKE KUCOIN GEMINI MAKES IT BULLISH
HAVING VERY SMALL MARKET CAP AND HIGH USAGE ACTIVITY, WE CAN SEE 10$ VERY SOON IN THE NEAR FUTURE,
IF YOU GUYS SOLD IT ON THE TOP BY MY PREVIOUS TRADE BUY IT BACK NOW ON THE DIPS.
USE DOLLOR COST AVERAGING TO INCREASE YOUR INVESTMENT, BUY AND HODL IT.
MATIC Retraces From ATH as Crypto Sells Off-MATIC fell -23% from high as Tesla reverts BTC support
-Major support comes in at $0.925
-MACD signaling more downside may come
MATIC has had an awesome last month as price rose over 300%. MATIC hit an ATH of $1.22 but shortly after fell as the entire market took a hit. MATIC has risen drastically and now may be the time to be concerned of large potential retracement.
The large bold trends represent a broadening wedge that has formed over the last week. The pattern can be either bullish or bearish as a breakout of either trend will produce a large parabolic move. As seen on the chart, MATIC just has a rejection on its top trend line. If price can’t hold minor support of $1.02, expect a pullback to major support of $0.92.
During the fast decline price bounced perfectly off the 30MA. This level is met with major support of $0.92 and if these levels break down, expect a retracement to $0.84. In the case bulls gain more strength, the level to break and hold is $1.17.
While looking at the MACD we can see a bearish cross is impending. The histogram confirms this as its about to tick red after a long bull streak. The stochastic is heading down nearing the 50 level. If this fails to hold we can confirm more retracement is ahead.
MATIC intraday levels
Spot rate: $$1.03
Trend: Bullish
Volatility: High
Support: $1.02
Resistance: $1.17
Will consolidate for a bit.Price will perhaps fluctuate bw resistances before breaking out.
Comments are appreciated.
MATIC HOLDING THE UPTREND PRETTY STRONG!Matic chart spike when analayzed using the Fib retracement toll shows a pretty strong uptrend. As it boosts the scalability of Ethereum network , both fundamental and technical sides seems strong to me!
New to the market and still in learning phase, feel free to correct me if I missed out on something!
MATIC TO 1$----> ANALYSIS ON 45MIN CHART MATICUSDT BINANCE
--->Matic aka polygon reached its all time high again yesterday, but it still has lot more higher levels to reach
----> RSI swing signal is strong
---->MATIC works on ethereum network to provide low fees or no fees during the transaction
----->it now has 0.47-49$ as a resitance and also shows the bull flag towards higher levels.
------>matic also partnershiped with many nfts and major companies like mStable, decentral games, chainstack, aave liquidity pool, quickswap
and many more. the idea of providing low fees facility in eth chain made it to grow vigorously.
---->IF THE BULL FLAG CONTINUES IT CAN EVEN GO HIGHER THAN WHAT WE THINK IF YOU ARE HOLDING MATIC THEN ITS NOT THE TIME TO SELL
IF YOU ARE NEW THEN WAIT FOR ANY DIPS OR CHECK THE MOVEMENT AND ACCORDINGLY PLACE YOUR BUY ORDERS
...MATIC GOES TO MOON SOON..
Matic 70 % up from NinjaMoku Matic Network is a blockchain scalability platform which provides secure, scalable and instant transactions powered by PoS side chains and an adapted version
Matic went from INR 30 to INR 53 and running with NinjaMoku
What is NinjaMoku ?
MATIC BREAK OUT IN A DAY OR TWOThe triangle pattern is being formed with a strong support line at that could result in a bounce back to its ATH.
