MY IDEA ON MATIC!I see how much liquidity it has to see the gray zone again. Despite there is a significant supply area with an OB.
MATICUSDT
2 possible MATIC trajectoriesBINANCE:MATICUSDT
The price is near a very strong support zone . If the price bounces once again against the red trendline as shown on the chart, it is most likely to fall to the support zone drawn approximately to the -27% Fibonacci level. If the trendline is not respected and a strong bullish candle closes above the red trendline, it is most likely that the price will rise to the 61.8% Fibonacci level, coinciding approximately with a previous high.
MATIC - The probability of forming a range trend is higherMATIC continued its downward trend during the past week. The break of a support in the area of the previous floor, i.e. the price of $0.76, led to the formation of a new bearish wave in the daily time. But because other supports are at lower levels, the failure of this area has not yet been confirmed. Therefore, we can expect a range trend from MATIC this week. We can check this case more precisely in 4 hours time. In the 4-hour period, a double bottom pattern has formed in the range of $0.75, which, if the pattern is confirmed, the price can grow to the resistance of $0.78-0.79. On the other hand, due to the formation of a lower floor in the daily time, this resistance can work, and reduce the price again. Therefore, the probability of forming a range trend is higher.
MATIC Support and ResistancesThe support and resistance levels for MATIC in the hourly timeframe are as seen in the chart. In case of a decrease below 0.74 level, 0.72 should be waited to buy. My strategy will be about lowering the average as it decreases by buying at the supports and gradual selling at the resistances. For long-term purchases, you can look at the analyzes I made in the daily time frame.
💥☃️🌲Polygon Analyze (Road Map)!!!🗺️💥☃️🌲☃️💥💐🌲Merry Christmas 💥💐🌲☃️
Today, I want to show you the polygon road map🗺️.
Polygon is running on the main wave 4.
The structure of main wave 4 is a zigzag correction.
It seems that the polygon has started the microwave C of main wave 4.
I tried to show you the end of main wave 4 (zones) in my chart.
🔆Suggestion: If you want to add MATIC to your portfolio, you can wait for lower prices.
Polygon Analyze (MATICUSDT) Timeframe Weekly⏰ (Log Scale).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
bearish wedegeThe Market Down Train Is About To Continue. We have to take short position when the trendline is touched.
Target is to be booked at .7164.
Long MATIC for mid-range and perhaps top of rangeIt's Friday, December 30, 2022 and MATIC reached for the range lows.
It took the downside liquidity and is looking to close above the range low.
As we head into the weekend, it's likely the creeps up towards the mid-range - especially because other major coins have also held their lows.
MATIC: Pullback in UptrendPolygon (MATIC) technical analysis:
Trade setup : Pullback near $0.75 support and 200-day moving average could be an attractive swing entry.
Trend : Downtrend on Short- and Medium-Term basis and Neutral on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.75, then $0.50. The nearest Resistance Zone is $1.00, then $1.30.
MATIC: LOOKS PRETTY INTERESTING.Hello folks, I hope you guys are doing great. Here's an update on MATIC in 12 hours timeframe.
MATIC is entering a crucial support zone of $0.72 to $0.76. This has been the exact level from where we witnessed MATIC bounce back to almost 50% to 80%. This time we may have a similar scenario so I am jumping in and will start accumulating more MATIC.
Here's a mid-term trade setup.
Entry level: $0.72 to $0.76.
Stoploss: $0.7.
Targets: 50% to 80%.
Note: Trade at your own risk and with proper research. If you wish to trade with leverage then I would advise you to analyze the chart in a shorter timeframe and then take your trades. For spot, you can start accumulating.
Thank you for reading. You guys are the best.
Trade safely.
MATICUSDT longLong from the support zone of the range. Target is on chart.
This is not financial advice.
Possible scenario for MATICMatic's behavior is dependent on Bitcoin analysis, but it is easy to see the $0.30 price for it, it is intended to analyze several important areas that the price can react to, but in my opinion, it has no effect on the final target.
Matic (Polygon) Gem EditionPolygon believes in Web3 for all. Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.
#Instagram launches NFTs on Polygon
#arrow-rightStripe launches global payouts with crypto using Polygon
Sadly correction is needed!
#Polygon is bullish, but MATIC Has Support at $0.76Past Performance of Polygon
Like the rest of the markets, MATIC is in range, moving horizontally without a defined short-term trend. From a top-down preview, buyers have the upper charge if the H2 2022 price action leads. The immediate support line is around $0.76, while resistance is at $0.93 and $1, respectively.
#Polygon Technical Analysis
Presently, MATIC prices are in a tight consolidation. Although prices are below the middle BB, trending lower, there have been higher highs relative to the lower BB, with support at $0.76. MATIC is currently inside the bear bar of December 19, influenced by sellers of December 16, as a bear flag prints. Traders can stay neutral if prices are above $0.76 but below $0.83. A break out above December 19 bar may see MATIC float to $0.93 in a welcomed bullish formation. Conversely, losses below $0.76 could see MATIC fall to September lows of $0.70.
What to Expect from #MATIC?
MATIC is bullish at spot rates, but there must be a definitive close above $0.83 for prices to recover, ideally to November highs. However, if there are losses below $0.76, the coin could tumble to September lows as bears press on.
Resistance level to watch out for: $0.83
Support level to watch out for: $0.76
Disclaimer: Opinions expressed are not investment advice. Do your research.
Matic Elliott Wave ST Ideas, bear and bull.If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Seeing some nice patterns in the lower time frames so I will be using these levels and Elliott Wave to look for plays off of some of these areas of interest in the future if things clear up and continue to print technically. Cheers!
new analysisIt's really hard to explain this
but we have a slight downpour, and then about 1 month to 45 days the market is bullish , and the altcoin will grow between 100 and 1000%, currencies with high market caps like Ethereum 100% and currencies with low market caps up to 1000%,
and then we have a terrible fall that many currencies will be destroyed
if you like analysis with me. Join me and make a profit to message me or comment
I put 7 new analyzes I will let you see all the analysis to pay attention to the analysis dates and do not harm
Matic Elliott wave Short term outlookIf you find this information inspiring/helpful, please consider a boost and follow!
Any questions or comments, please leave a comment!
Also, check out the links in my signature to get to know me better!
Bear and bull ideas, had a video all done but it would not publish here on tradingview, not the first time this has happened. I was able to save it so its going to be cleaner after I edit anyway, these are the cliff notes for the video. So if you would like to see the video, it wont be here.
Anyway here are my ideas for MATIC.
Cheers!
Year-End Targets for Polygon(MATIC/USDT)! Will it Hit $1?Polygon price displayed immense strength since the start of December 2022, but the FUD related to Binance insolvency, the price of MATIC and various cryptos slashed hard in no time. Meanwhile, the price is attempting very hard to keep up a bullish trend and hence trading within a bullish ascending triangle . However, the token has faced constant rejections at the resistance and the recent drop substantiates the bearish grip at these levels. Therefore, the pice may continue to trade within the pattern until the end of 2022 and ignite a notable upswing in the first few days if 2022.
The MATIC price is expected to rise high and test the crucial resistance zone but may again face a rejection for one last time. The price may again reach the lower support and rebound which could bring the asset towards the pinnacle. Here, depending on the induced volume, the price may break above the ascending triangle to test the upper resistance at $0.819. Meanwhile the possibility of reaching beyond $1 appears to be pretty less at the moment but cannot be completely discarded.
With a slight change in the market sentiments, the price is believed to rise high and achieve $1 mark in the firs few days of 2023.
Trading opportunity in MATICUSDTBased on technical factors there is a Buy position in :
📊 MATICUSDT
🔵 Buy Now 0.7990
🧯 Stop loss 0.7510
🏹 Target 1 0.8855
🏹 Target 2 1.0700
🏹 Target 3 1.2855
💸RISK : 1%
We hope it is profitable for you ❤️
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short MATIC$MATIC bounced off the resistance level. Decline to support level at 0,7679$ is likely to happen.
MATIC: Pullback in UptrendPolygon (MATIC) technical analysis:
Trade setup : Pullback near $0.75 support and 200-day moving average could be an attractive swing entry in Uptrend.
Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.75, then $0.50. The nearest Resistance Zone is $1.00, then $1.30.
MATIC quick trade and big investmenthey guys i hope you all are fine... KEEP ON EYE ( MATIC ) chart and i want to tell you good buying zone for spot trading and also one quick trade which is for future trading ....
For long term investment the good buy zone is ( 0.32 to 0.44 ) and i also mentioned this zone in my chart...
For quick trading zone is ( 0.7736 ) and you will take your profit when you want and when you think this profit is enough...
NOTE:
Do your own Research... Im not a financial advisor...
MATIC / USDT 1D chart ReviewHello, I invite you to review the MATIC chart on a one-day interval. let's start by marking the blue line, the downtrend line, which, as you can see, the price overcame. Since the end of August, we have been moving in a sideways trend channel, but we can also notice that we are locally below the downtrend line.
Now let's look at where the MATIC price has support, as you can see the first support is at $0.70, but if it goes lower we have another support at $0.52 and then $0.31 which is at the last low of the price.
Looking the other way, we can also check what resistance awaits the MATIC when the price starts to grow. And here we have the first support at the price of $ 0.93, when we manage to break it, the price will start moving towards the support from $ 1.32 to $ 1.63, only when we manage to break this zone and then positively test it, the way to further increases will open .
It is worth looking at the moving averages, where we can see that the white line, blue line and red line have crossed the yellow line from below, which heralds increases, however, currently the white line is getting closer to crossing the yellow line from above, if this happens, then blue and red will follow the white one, we can continue the downward trend.
Looking further, the CHOP index indicates that most of the energy has been used, the MACD indicates a local downward trend, while the RSI has decreased, but there is still room for a deeper correction.
