MATIC seems to have formed a diametric from the bottom on the hourly time frame. It now appears to be in the middle of wave E. In the supply range, you can look for sell/short positions (scalpi). Closing a 4-hour candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management Comment if...
During the recent correction of the crypto market, the price of #MATICUSDT fell quite a bit, as for an altcoin from the top 20 However, the aggressive buyback of CRYPTOCAP:MATIC started from the critical zone, and this is good. Perhaps it was around $0.60 that big money was ready to buy. Whether this is true or not, we will soon find out, because if the price...
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...
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
MATIC Setup. After a confirmed breakout from the marked zone in green, we could take an entry at 0.7924. Remember stop loss is your friend. Everything is on the chart. Entry 0.7924 S.L 0.7092 T.P 1 0.8598 T.P 2 0.9483 T.P 3 1.0664 T.P 4 1.1854
🕵️♂️ Let's delve into the analysis of the Matic coin for future trades, considering the likelihood of ranging and discomfort in trading for this week. 🕰️ In the weekly timeframe, after hitting the box ceiling and resistance at 1.2745, red candles emerged, indicating the presence of sellers in the market, leading to a 50% price drop. This event has occurred for...
MATIC could be ETH cycle 1, so far Matic is far from done. The chart clearly shows us the market maker movement in accumulation phase and about to take off. Good for long-term investment asset layer 1 coin.
🔍Today's market saw a notable rebound from a crucial support level, reaffirming the buying opportunity for investors keen on sustaining prices above this support. As emphasized in previous analyses, the breach of this support and subsequent consolidation below it would likely signal a bearish trend, making position opening challenging until proximity to this...
In the daily and weekly time, it is moving in an upward channel, which according to the previous analysis , the last wave had the ability to grow to around 100% of the previous wave, after which it faced correction, which was correctly mentioned in the updates of the previous post. And extended to the specified area of correction. 💎 First scenario: Therefore, if...
MATIC ~ 1W #MATIC The movement of CRYPTOCAP:MATIC is increasingly limited in this pattern. It looks like Whales still maintain Support in this pattern. We are still long-term bullish on #MaticUSD as long as price still maintains this support.
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 analysis of the previous post that was presented in the 8h time, according to the cup pattern, it made a growth as high as the height of the pattern valley, after which it encountered supply. 💎 But in the weekly time, due to the fact that it created a reliable floor in the golden zone of the previous wave, it faced demand. 💎 Currently, this...
📉 MATIC - USDT 📈 The three-drive is a rare price pattern formed by three consecutive symmetrical moves (or drives) up or down. In its bullish form, the market is making three final drives to a bottom before an uptrend forms. In a bearish three-drive, it is peaking before the bears take over. this means that we SHOULD bottom soon, at least. And the next landing...
#MATIC The price is moving in a head and shoulders pattern on the 4-hour frame and sticking to it well We are now at the end of the formation of the right shoulder, and a rebound to the upside is expected We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to...
#Matic price is in long period falling channel. #polygon tested the top of channel but declined hard and bearish continuation occured after bear patterns. Now price may have a relief rally by hitting the orange box but i say MAY BE. In mid term (several months) period, #MATICUSD price expected to visit 1/2 #usd zone or channel low. Not financial advice.
BINANCE:MATICUSDT Observation: We are retesting the current major resistance and the point of interest, expecting to see a pullback to the upside to it and then we see a rejection. Falling wedge pattern is bearish, we can break below of it. But it could be either for a continuation to the downside or a fake-out then we break from above of the resistance.
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...
Matic usdt is ready to turn and will target 2.4 $ mark, once that's taken out, it will target a new all time high. Entry - 0.72 SL - 0.41$ Target 1 - 1.9$ Target - 2 - 2.4$ Target - 3 - 3$