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MATICUSDT

MATICUSDT - D1MATICUSDT D1 - The price is moving in an ascending channel; if the price is fixed at the level of 0.75, the price may continue to move to the levels 1.1420 - 1.1960. When the trend line is broken, a corrective movement from the impulse on W1 may begin. What to expect now? Waiting for the breakout and fixation beyond the level of 0.75. It will be possible to consider buying with a short risk on the idea of a breakdown of the channel level. The nearest targets with this formation are 0.97 Complete cancellation of the scenario of breakdown and retest of trend line D1. Short Targets 0.8158 - 0.8932 - 0.9700 - 1.1420
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by Trade_Hive_Signals
1
🚨 MATIC at Major Resistance 😬 Proceed with Caution 📈"Yo Traders, Professor here! Time to dig into MATIC, one of my all-time faves. 🤟 Right now, it's at a sketchy point—below a MAJOR resistance level. Rejected and not back in the channel!! Careful!!! 🛑 Not ready to short it, but I've set a BIG alert for a possible entry back into the channel at 0.66 with a stop loss at 0.64. 🎯 Targets? 1.7, 1.9, 3.2, and a bonus at 1.03! 🚀 For now, just observing. No moves until the chart speaks. 💬 What do you think? Comments below, let's get a convo going! 🗨️" One Love, The FXPROFESSOR 💙 ps. not going short on MATIC...But not buying again into it yet. Remember, we bought at 28cents, sold at 1.27.. will repeat it again!!! ps2. watch the video on ALTS below!!!
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by FX_Professor
2
MATIC/USDT Break Pattern !! Bullish and Upward Momentum ??? 💎 MATIC has indeed captured our interest, having shattered the confines of a Symmetrical triangle accompanied by substantial volume and a remarkable upward trajectory. Currently, MATIC confronts stiff resistance within the supply zone, experiencing a significant pushback. 💎 Given that MATIC is amidst a retesting phase at the resistance trendline of the symmetrical triangle, there's a likelihood of a temporary regression to consolidate gains from the substantial breakout. However, should it manage to breach the supply barrier imminently, MATIC Probability could effortlessly ascend towards the next supply zone. 💎 In the context of a confirmed retesting strategy, MATIC requires a bounce or a rejection signal to persevere in its quest to penetrate the $0.632 supply threshold and secure a position above. 💎 Conversely, a failure to rally could usher in a precarious scenario wherein MATIC falters at the demand zone, crumbling beneath it. Such a development would signify a false breakout, steering MATIC into a bearish descent toward a robust support stratum.
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by MyCryptoParadise_Nathan
4
🔥GLOBAL OVERVIEW On MATIC For The Bull Market❗️MATIC is of the strongest altcoins among thousands of crypto. The previos bull market confirms it. The growth by 110 times after the triangle breakout! 💥 It capitalization have already reached $300M and it has potential but it's around 30-50x ($27-40 per coin). Locally, Matic can grow to the top of the channel by +110% and make a pullback. I expect the growth after this pullback, but the growth continue if it break the triangle streight now. like❤️ and follow Check the links and get a BONUS🎁 from me👇
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by Alex_Dehtiarov
9
MATIC/USDT Technical Analysis: Deciphering the Chart SetupMATIC/USDT Technical Analysis: Deciphering the Chart Setup Bullish Bounce from Symmetrical Triangle MATIC currently trades around $0.65 after bouncing from the $0.52 level, which aligns with support of a symmetrical triangle on the daily chart. Symmetrical triangles typically act as continuation patterns, so this bounce suggests a resumption of MATIC's uptrend within the triangle formation. Favorable Higher Timeframe Structures On the weekly chart, the symmetrical triangle takes shape as a larger bull pennant, which is also a bullish continuation pattern. The confluence of constructive structures on the daily and weekly timeframes paints a positive picture for MATIC over the near term. Measured Move Targets $1 Initially The symmetrical triangle points to an initial measured move target of around $1 if MATIC can break out above the upper triangle trendline. Reclaiming the key $1 level would likely propel additional upside momentum. Potential for $5+ in a Bull Market Looking longer-term, if MATIC breaks and holds above $1 decisively on the weekly chart, the bullish structures an extended move towards $5 first, with the potential for $10 in a sustained crypto bull market. Monitoring Key Support at $0.50 If macro conditions worsen, keeping an eye on the $0.50 support level is prudent. A breakdown below $0.50 would invalidate the bullishness and introduce downside risk towards $0.20.
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by CryptoPatel
MATIC/USDT 1DInterval ReviewI invite you to review the MATIC chart in pair with USDT. First, we will use the blue lines to mark the upward trend channel from which the price broke out, creating a downward trend channel in which we could currently see the price leaving it with a sideways movement. When we unfold the Fib Retracement grid, we can see that the price remained at the upper limit, a very strong fundamental support zone from $0.58 to $0.31. Looking the other way, we can see a significant resistance zone from $0.74 to $0.90, only after we break out of it and then test it positively will we be able to see a further upward movement towards the second zone from $1.15 to $1, $33. Please look at the CHOP index, which indicates that most of the energy has been used, while the RSI and STOCH indicators show that we are moving at the upper limit, which may negatively affect the price and provide a rebound in the coming days.
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by cryptodailyuk
MATIC Surges 3% - Time to Long and Ride the Wave!MATIC token has experienced a remarkable surge, soaring up by a staggering 3% in just a short span of time! This is an exciting development that should not be overlooked, and I encourage you to seize this opportunity and consider going long on MATIC. The recent 3% surge in MATIC is a clear indication of the growing strength and potential of this remarkable cryptocurrency. As traders, we are always on the lookout for promising opportunities, and MATIC has consistently proven itself as a force to be reckoned with in the market. This surge serves as a testament to the resilience and upward trajectory of this incredible token. Now, you might be wondering why this surge matters and what it means for you as a trader. Well, let me tell you, it's time to get excited! A 3% increase may seem small to some, but it's the beginning of a potential rally that could propel MATIC to new heights. By going long on MATIC, you position yourself to reap the benefits of this upward momentum, potentially maximizing your profits in the process. So, how can you take advantage of this exciting opportunity? It's simple! Consider opening a long position on MATIC, placing your trust in its potential for further growth. By doing so, you align yourself with the positive market sentiment surrounding this token, positioning yourself for potential gains as the price continues to climb. Remember, the crypto market is highly dynamic and ever-changing. Opportunities like these are what make trading so thrilling and rewarding. However, it's important to always conduct your own research and exercise caution when making investment decisions. While MATIC's recent surge is a promising sign, it's crucial to analyze the market trends and indicators before taking any action. As always, I encourage you to stay informed, keep an eye on the market, and make well-informed decisions based on your own risk appetite and trading strategy. Don't miss out on this exciting opportunity to long MATIC and potentially ride the wave of its upward momentum! Wishing you profitable trades and an exciting journey ahead!
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by bryandowningqln
MATIC is Ready For an Explosive Bullish Move 🚀| MATIC Analysis💎 Paradisers, stay alert! MATIC/USDT is currently traversing a demand zone, and we are holding a positive outlook for a potential upward journey. 💎 In the past few days, its movement has been restricted to a specific range. It previously faced resistance at the bearish order block, close to the $0.52 level. 💎 Given its ongoing upward momentum, MATIC appears ready to challenge this level once more. 💎 Keep a close eye on the supply zone and the bearish order block discerned on longer time frames; these are probable targets in the short term for Polygon. 💎 However, if the MATIC falls below the demand zone and vital support, be ready for a potential downward shift. 💎 Stay vigilant and keep an ear out for more insights! 🌴
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by MyCryptoParadise_Simon
2
MATIC/POLYGON - long position |AnalysisHello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity MATICUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
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by TheGrove
6
0.3840-0.5620: Important boundary rangeHello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (MATICUSDT chart) (1M charts) The StochRSI indicator has entered the oversold zone and a change in slope has occurred. Accordingly, the possibility of a trend reversal in the StochRSI indicator is increasing. The key is whether the price can be maintained above 0.4010. (1W chart) On the 1W chart, the 0.559 point corresponds to an important support and resistance point. Accordingly, the key is whether the price can be maintained around 0.559 and rise. (1D chart) With the 0.3840-0.5620 range as the boundary range, we believe that anything below 0.3840 corresponds to the mid- to long-term investment period. Accordingly, if it falls below 0.3840, it is recommended to stop trading and wait for it to rise. In order to reverse the trend, the price must be maintained by rising above the MS-Signal indicator on the 1M, 1W, and 1D charts. Accordingly, the price must be maintained by rising above the M-Signal indicator corresponding to the MS-Signal indicator. (MS-Signal indicator is composed of M-Signal indicator and S-Signal indicator.) Since it has not risen above the MS-Signal indicator on the 1D chart, it has not been able to turn into a short-term upward trend. Therefore, in order to turn into a short-term uptrend, the price must rise above 0.5620 and maintain the price. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
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by readCrypto
2
Dollar-Shop altcoins 💵 MATIC, SUI, ARBHi Traders, Investors and Speculators of Charts📈📉 For now, this is the last video in the 3-part series of altcoins that are trading well under 1 dollar. These coins make for great additions to a diversified portfolio AND with such a cheap price, why not get a few. You never know which one will 100x 🤑 SUI makes some great arguments in terms of fundamentals, including horizontal scalability and being able to directly pass an asset (such as an NFT), directly into a function argument; great for storage. MATIC looking like it wants go head back to the 30's: NOTE that these are accumulation ideas ideally. You can definitely swing trade once they have doubled, but keep a few around for incase one of them x10 or x100. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck BINANCE:MATICUSDT COINBASE:MATICUSD BINANCE:ARBUSDT COINBASE:ARBUSD BINANCE:SUIUSDT BITSTAMP:SUIUSD
by CryptoCheck-
46
MATIC's Market ResilienceOn October 12, 2023, MATIC is priced at $0.5090, holding strong in a shaky market. Polygon (MATIC) has caught the market's attention mainly because of its Layer 2 scaling solution for Ethereum. This has led to increased interest from institutions, new partnerships, and a positive outlook in the crypto market, propelling a 57% growth since the start of 2023. Most Probable Scenario: The technical analysis for MATIC shows mixed signals with both bullish and bearish outlooks. On one hand, the inability to reclaim the 50-day EMA has triggered a sell-off, hinting at a potential test of the crucial $0.49 support level. Additionally, a possible bearish flag pattern suggests a further decline towards the $0.50 mark. On the other hand, Elliott Wave analysis presents a bullish outlook, hinting at potential upward movement in the near term. MATIC's price behavior has shown similarities to Ethereum's past price action, suggesting a possible strong rally in 2023 if this pattern holds. Like Ethereum, MATIC's price was positively impacted by a bearish reversal on the U.S. Dollar (DXY), which could play a significant role in its future price movement. In the short term, analysts project a price of $0.54246 by October 12, 2023, and $0.745609 by October 14, 2023. However, the general sentiment is leaning towards a bullish outlook for MATIC in 2023, especially if it continues to follow a similar pattern to Ethereum. This analysis brings together a range of technical and fundamental factors that could affect MATIC's price. Continuous monitoring of market dynamics, particularly the U.S. Dollar trend and Ethereum's performance, alongside MATIC's fundamental developments, will offer a clearer understanding of its future price trajectory.
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by MonoCoinSignal
11
Inverse Cup and Handle - A Bearish Signal 🚫🐻There's a notable pattern emerging on the MATIC (Polygon) weekly chart that's raising eyebrows – an inverted Cup and Handle. This pattern is not to be taken lightly, as it signifies a strong bearish signal. If traders are considering short positions on this coin, they should watch for a retest of resistance and set their stop-loss orders above the pivot level. 📊 The Inverted Cup and Handle: A traditional Cup and Handle pattern is usually a bullish indicator, but when inverted, it takes on a bearish connotation. In the crypto world, this pattern is a warning sign that suggests a potential price drop. 🚫🐻 Timing the Entry: For traders looking to enter short positions on MATIC, patience is key. Wait for a retest of the resistance level before considering entry. This retest can confirm the strength of the resistance and provide a better entry point for short positions. 📉 Setting Stop-Loss: Risk management is vital in trading. If entering a short position, set your stop-loss orders above the pivot level. This strategy helps limit potential losses if the trade doesn't go as planned. 💼🛡️ Final Thoughts: The crypto market can be highly unpredictable, and technical patterns like the inverted Cup and Handle can provide valuable insights. However, it's essential to approach trading with caution and a well-thought-out strategy. Traders should also stay informed about MATIC's fundamentals and any market news that could influence its price. Bear in mind that trading in cryptocurrencies carries inherent risks, and it's essential to perform thorough research and use prudent risk management techniques. ❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
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by AlexWhale
6
MATIC Faces Rain 🌧️, Next 24 Hours Bearish Cloudy ☁️, rainy 🌧️, and even stormy ⛈️ trading conditions lie ahead in the next 24 hours. This translates into a bearish market with downside risk for cryptocurrencies. Particularly Polygon, Ether, Cardano, and Polkadot may come under pressure. Over a one-week horizon, the bearish trend will continue to linger over the crypto universe with Bitcoin being the notable exception. Slightly bullish sun ☀️ will shine over the world’s largest cryptocurrency with a possible upside in its price over this longer time horizon, ATTMO forecasts show. Follow us for more crypto weather reports!
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by ATTMO