MATICUSDT SHORT SIDEMatic usdt in the daily tf is approaching a very crucial resistance previous it got rejected pretty harshly so Maybe will give a good short from the daily supply zone. Trade accordingly,DYOR
MATICUSDT trade ideas
Matic Extreme bearish movement upcomingMatic giving a pull back on the upside can anytime start to fall again
MATIC/USDT Analysis: Key Resistance but Higher Low Formation ?
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 range of 6300-6400 as an expected target for this correction.
A positive aspect to note is the formation of higher lows in MATIC/USDT. Higher lows suggest that buying interest is gradually increasing, indicating potential strength in the underlying trend.
This pattern of higher lows can serve as a technical signal for traders, potentially confirming the sustainability of the upward trend.
In conclusion, MATIC/USDT encounters a critical resistance area between 0.7000 - 0.7100, which requires careful attention. Traders should prepare for a projected correction with potential targets within the range of 0.6300 - 0.6400. Additionally, the formation of higher lows indicates underlying strength in the trend.
Matic retesting. 69 zoneMatic is retesting the .68 to .7 zone .. Good range to accumulate for a target of minimum 0.8 . Once the reversal starts, short term target 0.75 can easily be achieved
MATIC Chart UpdatesMATIC hourly chart running as per Bearish FLAG Pattern and soon it will be goes more Bearish in deep from last year Lower-Low 2nd Cut-off point at 41 cent and after that Lowest-Low 3rd Cutt-off point is 31 cent around, but as per me major chances it will be revert from last 35-38 cents.
always #DYOR
MATIC under Bearish Expansion PatternAs per MATIC Daily Chart
It's movements under Bearish Expansion Triangle Pattern from last 1 year to their last lower-low of 31 cent on 17 June 2022, and first time reached today at 75.5 cent after 30 Dec. 2022 second lower-low cut-of 74.6 cent...
If we check out complete data as per FIBB Based Support-Resistance patterns marking targets, than lower-low cut-off point is 69 cent while last Lowest-Low point is around 50-45 cents up to July 2023...
Always #DYOR before investing in Crypto Currency.
MATICUSDT DTFAfter analyzing MASTICUSDT, there are indications that a potential breakout may occur in the near future
However, it's important to note that market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
MATICUSDT 15Min Chart Pattern After analyzing MATICUSDT, there are indications that a potential breakout may occur in the near future
However, it's important to note that market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
POLYGON MATICUSDT : IS IT RIGHT TIME TO BUY OR NOT ? 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 declined significantly in the past few days, suggesting that momentum was with MATIC sellers at the moment.
Short on Matic, parallel channel break downShort on Matic, parallel channel break down. Can possibly give a 1:3 R:R trade.
Levels marked on chart. First target around 0.73
MaticMatic is taking support at the trend line. You ca accumulate few here very good chance to take advantage of the opportunity.
MSFT forming triangle in hourly chart.As the chart is making the triangle and it is possible to get a move in future.
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MATIC bullishMATIC has broken out of the top of channel. Positive sentiment around altcoins growing. Many altcoins to follow similar move.
Matic spot entry daily analysis with supp resis & fibEverything is marked on chart with spot entries and fib value
MATIC - $7 +?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).
MATIC - Cup and HandleOn 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 seems like a less likely scenario.
MATIC - Short Term BearishAs 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 MATIC breaking the resistance area of $1.25, we could start seeing a move towards the previous range high of $1.56.
MATIC LONG scalpLONGed MATIC for a scalp trading.Price moving in accordance with BTC though.1:2 trade
MATIC USDT ANALYSISAs on chart it is clearly showing on 1 hr time frame thatMATIC USDT is losing its strength and can fall till given level.
LETS see if MATIC workyou dont have to think, chart is saying all, today is volatility so be careful
Matic ?? Matic is very good coin i am not questioning it but the way markets sentiment is its hard for matic to break 1.5$ resistance this is something i am assuming what i have drawn in chart it wil be clear if we play level to level
Matic analysis on daily time frame with supp resis and FibOn the daily timeframe, we can observe that Matic is currently receiving support at $1.3307 and facing resistance at $1.5285, with the next resistance levels at $1.74 and $2.0. Additionally, a Fibonacci retracement has been drawn on the chart, which shows a potential reversal near the 0.5 level of $1.1623. Furthermore, the yellow line of the 50-day moving average (MA) is also acting as a support level. If the price breaks below this 50-day MA support level, the next support lines are located at $1.032 and $0.7414. It is important to keep an eye on these levels as they can provide potential trading opportunities. However, it is essential to conduct further analysis and consider other technical indicators and fundamental factors before making any trading decisions.
Keep an eye on the trendline too
