Matic the Final Short before Full BULLCame Back after a long Break. The break was worth it.(The Alts Nuke was kinda Unexpected)
Will be shorting Matic 0.7550 above.
I think it can go down about 10-23% before turning the trend.
targeting 0.6900 and 0.6600.
Stoploss above 0.7650.
Not: Not a Financial Advice.
MATICUSDT
📈MATIC Analysis: Key Support Area⚡️🔍Today, our focus is on MATIC, which finds itself on a significant support level in the 4-hour timeframe, presenting a vital opportunity for its progress path.
☢️Following the Iran-Israel conflict news, the entire market experienced sharp declines, leading to a more rational market condition. The previous sharp wave corrected to the 0.382 Fibonacci level, and currently, with the breach of $0.6449, we could anticipate another downward movement.
📊Red candle volumes continue to surpass green candles, confirming the downtrend. Additionally, the SMA25 indicator approaching the price could potentially drive it downwards, serving as validation for the continuation of the trend. If SMA25 fails to exert downward pressure, the market may enter a range until SMA99 aligns with the price.
📉The short trigger lies at $0.6449, coinciding with the support breach, validating the Fibonacci continuation level as a good entry point. Simultaneously, if the RSI closes below 34.25, it further confirms the entry, providing additional confidence.
📈For long positions, a trigger at $0.7491 could be suitable, requiring at least one price reaction to establish a higher low. In such a scenario, the price has returned from the 0.382 level but failed to breach the main support, indicating seller exhaustion.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
MATICUSDT Elliott Waves (Inestment Idea)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Almost nothing has changed from my last idea, price went by alternative option, continuation of growth is relevant.
Targets: 3 - 5 - 9
Main(investment) target zone: 9 - 12$
Cancellation of setup - decreasing under ~0.5
It's not financial advice.
DYOR!
MATIC IS READY FOR FIFTH ROUND OF BULLISH WAVEMATIC might have been completed 4th wave of downtrend inside triangle pattern. We need the price to stay above 0.52 level in order to be bullish. Soon it is expected to catch bullish momentum once BTC melting stops.
MATIC - A Beautiful Rising ABC Jumping Though The CreekCRYPTOCAP:MATIC
From the bottom we've watched a Wyckoff Accumulation jump the creek and stair step through a 5 Elliot's Wave and print a rising ABC flag, while coiling on support and showing a SOS at the LPS all while printing a large daily bullish OBV divergence.
Matic has always been a slingshot play, this lag in PA is exactly what was needed to shakeout the weak prior to vertical IMO
#maticusdtThis is my opinion regarding this currency, according to the failure of the long-term trend line and the existing support.
entry : /8066
tp1:1.8
MATIC/USDT assessing key support? 👀🚀Polygon analysis💎 Paradisers, pay close attention to #MATICUSDT. It’s currently displaying a promising sign of an upward trend, having recently broken above its descending trendline. This sets the stage for a potential bullish move
💎 Historically, #POLYGON has adhered to a descending channel pattern, consistently showing lower lows and lower highs. At present, it’s positioned at a crucial support level of $0.9296. If the price maintains its momentum here, we’re on the brink of a significant bullish surge.
💎 As prudent traders, we must be prepared for various outcomes. While a bullish rebound from a lower support level at $0.8335 remains a possibility, dipping below this level could trigger a marked bearish downturn.
💎 Keep your strategies versatile and your decisions well-informed, Ladies and Gentlemen of ParadiseClub. Your ParadiseTeam is diligently monitoring the market to navigate these opportunities effectively
MyCryptoParadise
iFeel the success🌴
#MATIC/USDT#MATIC
The price is moving in a downward channel on a 4-hour frame and we have a green support area at the 1.00 level
We have a higher stability moving average of 100
We have a good bounce being set up from the lower border of the channel
The RSI indicator has a downtrend that is about to break higher
Entry price 1.08
The first goal is 1.12
The second goal is 1.20
Third goal 1.29
MATIC ANALYSIS🔮 #MATIC Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #MATIC and trying to retests the level. It's a 4 hr time frame breakout and we will see more higher price in short-term. A successful retest of support could propel a rally 📈📈
💸Current Price -- $0.9388
📈Target Price -- $1.2702
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#MATIC #Cryptocurrency #Breakout #DYOR
#MATIC/USDT#MATIC
The price is moving in a downward channel on a 4-hour frame, about to break upward
The area in green is a very strong support area from which the price rebounded at 0.8500
We have a downtrend on the RSI indicator about to occur. The fraction is up
We have a higher stability moving average of 100
Entry price. 0.9105
The first target is 0.9635
The second goal is 1.019
the third goal is 1.085
Matic/Usdt Plan MATIC/USDT appears to be gearing up for a breakout on the 4-hour time frame. In the event of a successful breakout, we could potentially see a bullish rally of 30-40% in the short term. I anticipate this breakout to occur soon, but it is important to wait for confirmation before taking any trading actions. Please note that this is not financial advice, and it is always recommended to conduct your own research (DYOR) before making any investment decisions.
MATIC is getting ready for a significant move!Hi All,
Polygon (MATIC) is a significant blockchain project focused on Scalability and Efficiency . It enables faster, low-fee transactions within blockchain networks. As a top cryptocurrency, MATIC has recently undergone a healthy correction and is poised for a crucial move. Keep in mind that this coin requires a Mid or Longer time frame for substantial profits.
Currently, MATIC is forming a compelling triangle pattern after a substantial decline and correction. This compression suggests an imminent breakout, with a strong possibility of reaching a price target around $2.
Note: A well-timed move could even push and propel it to $3 or higher!
What do you think? has potential for 100% Profit you think? 🚀
Good luck! 🎯
Armin-Academy
POL / MATIC to $9+?Looks like a great entry get into Polygon before they release the Agglayer.
Polygon Agglayer can connect any chains, enabling unified liquidity and seamless transactions through zero-knowledge proofs.
So bullish on the Polygon team and the on-chain statistics with so many active users and so many new chains adding Polygon CDK.
There is great possibility of Polygon reaching to $9 per coin. Which will a valuation of around $90 Billion. Last bull run top layer ones somewhere around that. And now at this bull run we have more Tec and more active users. Seems like an real adoption cycle.
MATIC Polygon Consolidation AreaFollowing MATIC's precise entry into the Buy Area:
At present, I anticipate trading within a range, awaiting price consolidation around $0.95 before witnessing another significant move.
MATIC - will there be further increases?Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
strong buyIt is quite clear that this pattern is a flag .
The whole market is rising, but MATIC has not started yet .
It can be a good start for those who haven't bought anything yet.
good luck
MATIC - HOT ALT🔥, but Bearish SHORT TERM📉Hi Traders, Investors and Speculators of Charts📈
MATIC has been very profitable to us so far; watch my previous update HERE:
If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - you could possible see a low entry point soon!
Polygon is unique in that it's a blockchain platform designed to work with another blockchain platform. It improves Ethereum's scalability - which we all know if the biggest problem of ETH. ETH dApps can use Polygon's sidechains, thereby making it a functional and fundamentally great choice as an altcoin asset.
One of the exciting things about Polygon is the partnerships it has established. Many big brands are working with Polygon to launch their NFT projects. Current partners include:
✅ Walt Disney
✅ Starbucks
✅ Meta Platforms
✅ Nike
✅ Mercedes
✅ Google
✅ Adidas
✅ Adobe
✅ Mastercard
✅ Reddit
While it might not pump as hard as other altcoins, it's also far less likely to fail than smaller , newer cryptos with similar aims - and it still has plenty of room to grow. Its partnerships make it an interesting buy for those who are interested in a well diversified portfolio, containing assets with real-world use case and strong fundamentals.
_______________________
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CryptoCheck
BINANCE:MATICUSDT
MATIC on Important TrendlineHi all, let's analyze the current MATIC chart on 1W timeframe.
If Matic breaks this support trendline, we go down nearly 30%.
Else, it continues.
And if it breaks down and reaches the support, then it's a confirmed good trade.
MATICUSDT to the Moon
The analysis indicates that MATIC/USDT is poised for a significant bullish rally. On the daily timeframe, a crucial buying area is identified between $0.90 to $0.93. This range signifies a zone where substantial buying interest has historically emerged, potentially acting as a strong support level for the cryptocurrency. Additionally, on the 4-hour timeframe, a new fresh order block is noted between $0.95 to $0.97. This block is significant as it represents an area where substantial buying orders are likely to be present, reinforcing the bullish momentum.
Two target prices have been set, suggesting potential profit-taking levels for traders. The total gain expected from these targets is projected to be 40%, indicating a considerable upside potential in the price of MATIC. Setting clear targets is essential for traders to capitalize on price movements effectively.
Furthermore, risk management is emphasized as a crucial aspect of trading. Managing risk involves measures such as setting stop-loss orders to limit potential losses, controlling position sizes, and diversifying portfolios. By prioritizing risk management, traders aim to protect their capital and minimize potential downsides, ensuring long-term sustainability in trading endeavors.
In summary, the analysis suggests a favorable setup for a bullish rally in MATIC/USDT, with identified buying areas and profit targets. However, traders are reminded to manage their risk diligently to navigate market uncertainties and safeguard their investments effectively.
MATIC ABOUT TO PUMP 200% FROM HEREMATIC is currently breaking out of a 3-year descending triangle pattern reversal, which is bullish sign of continued upward movement.
2,80 could be the target for long term which is just under the ATH.
Completion of 2-year consolidation Polygon MATIC price is near!The MATICUSDT price now is in the liquidity zone, where it will be decided whether it is a winner or a loser.
In order to grow further, it is necessary to shake out "extra passengers" from long positions. In other words, a breakout of the Matic price below $0.73 should activate stop orders.
In such a trading situation, keeping a pending limit order in the range of $0.60-0.63 might be a good idea.
On the other hand, a similar trading pattern was already seen in the second half of 2022. Back then, "buyers" didn't let everyone who want to buy below the liquid zone, but pushed the MATICUSD price up from "the base" to update local highs.
What will happen this time? Write your thoughts in the comments.
LONG $MATIC: DAILY and a possible WXY formation ended/ingLONG BINANCE:MATICUSDT.P
My take is that MATIC has been forming and may now have ended (else is close to ending) a complex triple three (3-3-3) WXY correction.
Said correction is, as per Elliott Wave theory, comprised of a combinations of corrective patterns.
I spot three ossible ABC´s within the WXY-
Target area for Y wave has been hit at $0.7713 , and may still go a little further towards $0.6704, but needs not to as we have a full pattern.
Said development would align with the expected ending of Bitcoin´s own correction which "could" finish some place between $37.800 and $35.460 (bearish view) or could have bottomed in this last swing low at $38.540 (I find it less likely but yet possible).
In a word:
LONG MATIC from here up until at least $0.9345 and then... we shall see ;).
