According to the analysis presented in the weekly time frame, Bitcoin registered a new ATH and is currently facing selling pressure in the lower time frame. Three movement scenarios can be considered for the next movements of Bitcoin. 🔰 The first scenario : if it is not able to break this ceiling in the weekly or daily time, it can continue its growth with a...
From where we placed the red arrow on the chart, it seems that MATIC has entered the correction phase. The correction pattern appears to be a diametric. The F wave can start from the green range. Be sure to save some profit on the first target. We are looking for buy/long positions on the green range. Closing a daily candle below the invalidation level will...
Rejection in trand line plan a trade in short target 5% to 10%
I can't look at the chart and tell myself this is a bad area to add to my positions seeing that we are at the overall Value Area Low & low of the range. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and...
Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! Welcome to this MATIC/USDT UPDATE MATIC looks amazing in the weekly time frame. Last time when MATIC accumulated in a 610-day channel it led to 20,000 Returns. Now, it is forming a symmetrical triangle kind of structure and accumulated in the triangle for more...
Hey Traders, in today's trading session we are monitoring MATICUSDT for a selling opportunity around 0.5400 zone, MATICUSDT is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.54000 support and resistance area. Trade safe, Joe.
According to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92. 💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is...
According to the previous analysis, the Metic currency went through an upward movement cycle. Currently, it is in a corner pattern in the weekly time, which was able to escape from it in the specified supply area with a short-term movement cycle. 💎 Currently, it has a corrective cycle up to the green box, which has moved downwards in a three-wave step in daily...
Examining the MATIC/USDT trading chart on Binance, I can observe several critical points and trends that inform my current trading strategy. The chart presents a detailed view of MATIC's price action against USDT, highlighting various support and resistance levels over the past year. Currently, MATIC is trading at approximately $0.4944, which is close to the...
The price of Polygon is $1.09 today with a 24hour trading volume of 444 million dollar. After trading near the resistance line of the symmetrical triangle pattern for a few days, Polygon turned down and reached the support line but it still hold the uptrend The flattening 50day EMA ($1.13) and the RSI below 50 indicate that the bulls may be losing their grip. If...
#matic/usdt Accumulating CRYPTOCAP:MATIC at the weekly demand **zone This is a bottom imo!
Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~...
Matics long term structure is really strong and I am confident we have hit the low on this correction. The shorter timeframes are suggesting a possible partial decline of the latest range just below the historical resistance at 75c. There is also the three valleys patter that has developed and confirmed. Here you typically wait for a break and confirmation of...
#polygon #matic price has been declined from the trend line zone and may have bearish retest to confirm the further correction phase. Small bounces are always necessary. Not financial advice.
#MATIC The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern We have a bounce from a major support area in the color EUR at 0.5340 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based...
MATIC is currently trading within a tight range, establishing consistent highs and lows. The price is forming a large triangle pattern, indicating a period of consolidation. It is nearing the apex, suggesting that a significant move may be imminent. The upper boundary of the triangle acts as a crucial resistance level. Price action near this level should be...
For MATIC, Breaking the $0.5800 resistance could lead to a strong upward move, while failing to break this level might result in a decline to lower support levels at $0.5592, $0.5270, and $0.5153.
Matic Trade Setup. After a confirmed breakout from the trend line and green zone, we could take entry at $0.5687. Remember stop loss is your friend. Everything is on the chart. Entry $0.5687 S.L $0.5422 T.P 1 $0.5884 T.P 2 $0.6127 T.P 3 $0.6392