💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.398).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.541
TP2= @ 1.686
TP3= @ 1.868
TP4= @ 2.045
TP5= @ 2.191
SL= Break below S2
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MATICUSDT trade ideas
#Matic scalp zone 4hr TF with sup. & resis#Matic looking bearish in smaller time frame as well larger time frame so m trailing my stoploss till 1.3.
#Matic update scalpzone with sup. & resis. in 1hr TFMATIC is trying hard to break the resistance of the $1.730 area. A break above this resistance area is bullish and we see a move towards the $1.94 level. The local support is $1.586 and major support is $1.5.3 area. Wait for a break above this for new entries.
Matic USDTP support resistance Sharing the support and resistance line for Matic, Marco's view looks bullish.
Matic 4H chart lets see if it follows the fib or not?I think it will follow the fib since, most people don't know whats gonna happen in the market right now.
#Matic forecast in 4 Hr TF, with sup. and resis.#matic broke its major support of 1.5 and trend line now taking support from 1.4. Trail your stop loss
#matic scalp zone 4 hr TF sup. & resis. #MATIC is lying on the one of the major support zone of $1.503. Price tried to break the resistance but ended up being a rejection candle.
Matic Hey i just sharing my analysis that I'm seeing in chart.. First it need to break that orange line take trade after retest then go with confo..
MATICUSDTMATICUSDTPERPE looks bearish to me in higher time frames and lower, also BTC volume too low and its weekend
NOT A FINANCIAL ADVISE
Matic USDTMatic Long opportunity. Matic is retesting a major trend line. If the trend sustains then Matic will pump
Matic Bullish Sign - 30/01/2022Matic Bullish Sign - 30/01/2022
Entry Zone : 1.5 - 1.7
Target : 2.4
stop loss : 1.15
Matic #Down trend please refer to the chart.
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MATIC_USDT Long 1D TimeframeMatic has been travelling along the trendline for quite some time and is back near the trendline. Local support has been formed in LTF. We will try to exploit this condition by buying it just above the support. Stoploss has been placed just below the trendline. Our target is 1:5 Risk : Reward ratio.
MATICUSDT tradnig at area of confluence BINANCE:MATICUSDT
MATICUSDT is forming an ascending triangle kind of a pattern and currently trading at trendline support which is also an area of confluence.
Fresh position to be considered after a breakout or breakdown of the pattern.
Plan your trade accordingly !
Is MATIC (in 2021-22) following ETH's path (2017-2018) ?It's fascinating to see how MATIC's weekly chart has remarkable similarities to ETH's 2017-18 run.
If it continues following the same pattern, what comes next should be a 'blow off top' run to the peak of the cycle.
Taking some cues from ETH, it looks like Matic broke out the consolidation range, retested it and is bouncing off nicely.
As long as BTC doesn't nuke and the breakout and retest of prior resistance holds, Matic bulls look like they're back in the driving seat.
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MATICUSDTLook like Uptrend ! Channel patter formation on MATIC COIN on a daily timeframe ! Target should be around 3$ ! incase BTC sudden crash this chart not valid !
🚫Disclaimer:
I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
Thank you!!!
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MATIC/USDT Daily TFTrend - uptrend
Pattern - Ascending triangle pattern
Resistance - 2.5$ - 3$ (currently at resistance)
Support - Trendline support
Indicator - Above 50ma
Entry - above 3$ (wait for good bullish candle)
#Always trade with a trade plan
CRUCIAL ACTIONCheck for sustainment at trendline if sustains for sometime then expext a breakout shortly, if rejected at trendline then short opportunity