Matic's chart looking clear and simple after a long timeif it visits the zone and form some positive candlesticks pattern will take a long otherwise will wait for its breakdown. Just keep patience for the price to visit the zone. NFA
MATICUST trade ideas
Long-bullish flag pattern
-support at 0.66USDT
-target 1.2USDT
-short term target
Disclaimer:
- The view expressed here is my personal view
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
-- Do your own analysis and consult your financial adviser if need be
MATIC dumpin the chart the matic is look weak in the 1hr time frame it may dump till 0.728 that is the next support so it give a short indicter on this chart setup
MATIC/USDT: Anticipating Bull Journey After a Corrective Phase ?In this technical analysis, we will examine the MATIC/USDT trading pair's recent price action and chart patterns.
1. Resistance Area - 0.8000-0.8150:
MATIC/USDT has been facing a significant resistance area around 0.8000-0.8150. Multiple attempts to break above this zone have resulted in pullbacks. Traders should closely monitor this level as a successful breakout could trigger a bullish rally. .
2. Expected Corrective Phase and Potential Buying Zone - 0.5500-0.6000:
Based on our analysis, we anticipate a corrective phase for MATIC/USDT in the near term. This retracement could find support around the 0.5500-0.6000 region, a crucial buying zone.
Traders looking to enter long positions may find this level attractive as it aligns with historical support and offers a favorable risk-to-reward ratio.
3. Continuation of Higher Lows Patterns and Liquidity Sweep:
Despite the resistance, MATIC/USDT has been forming higher lows, indicating potential bullish momentum. However, before resuming its upward trajectory, the price might perform a liquidity sweep towards the 0.5500-0.6000 support zone.
Such a move is a common occurrence in crypto markets and should not be mistaken for a trend reversal.
Conclusion:
In conclusion, MATIC/USDT presents an intriguing trading opportunity for followers of our Trading View ideas. The resistance area of 0.8000-0.8150 and the expected corrective phase towards 0.5500-0.6000 make for crucial decision points. Traders should exercise patience, wait for confirmation signals, and manage risk effectively for potential gains towards 0.9000 and beyond.
MATIC USD upside move possibleMATIC USD upside move possible
Buying above the 0.7559
Stoploss 0.7111
Target 0.8494
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
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).
