In the daily and weekly time, it is moving in an upward channel for a while, and the current wave is the 5th wave of the 3rd wave. This larger cycle should not enter the range of 60 cents, in which case there will be an overlap and the analysis will be invalidated. But in the bigger time, which I will present after completing the current step, we will examine the...
MATIC (Polygon) is holding above the Daily 200EMA support and has yet to break it after making contact 5 times since breaking it. So why is a short scalp reasonable? How do we trade this? 🤔 We have a few good reasons to be looking for a counter-trend trade; There have been several sell-offs in the $0.95-$1.10 range, a very strong sell-off at $1.10, the 200EMA...
After an upward rally, the matic currency has formed a triangle pattern. If it can break the 78 cents range in the Fibo range of 61.8, it can navigate the specified possible movement to the area of 1.02 to 1.07.
MATIC (Polygon) is at a pivotal moment on the chart; follow-through with the Ascending Triangle and breakout to the upside? Or get rejected a third time and fall back toward the $0.60 level? How do we trade this? 🤔 To justify a long, we need to break the Resistance Zone and test it for support. We're too close to Resistance to long now, the probability of...
Polygon had a beautiful double bottom at the Daily 200EMA and as predicted, ripping to the upside and near completing the trade of our last analysis. Where do we go from here? How do we trade this? 🤔 We likely have more upside to go before we consider a reversal. Wait until the price makes contact with the Resistance Zone at $0.95. Look for a bear signal candle...
MATIC is currently pulling back from its fanning bull channel into a bear channel that currently has two pushes down. This could be a 2-legged trap and the completion of the pullback before heading toward the upside. How do we trade this? In the short term, we should be looking for shorts since we've identified this bear channel. If the current 4HR candle...
Matic buyers are not giving up and are trying to break through the local trend and strong liquidity zone from above. We assume that there will be more attempts to push the price up, so this medium-term trade has the right to live: Entry = $0.636 Stop = $0.5582 (-12%) Take Profit = $0.9595 (+50%) Potential profit/loss ratio = 12/1 _____________________ Did you...
Although the global crypto market enjoys ☀️ sunny trading conditions with a few ☁️ scattered clouds in the next 24 hours, as predicted by ATTMO, some altcoins like MATIC may encounter more ☁️ clouds over the one-week horizon, implying a downside risk. Follow us for more crypto weather reports!
Hi Everyone; today we have one of the best risk to reward Investment opportunity it is more than 166 times the risk and the chart is look very promising. I expect breaking the previous bear market key point will clear the way to the final target
MATIC currency can have a growth of up to 8%, but for the second target, it is very important how it will deal with its resistance range at the same 8%. which can't be supported by the blue color, there is a possibility of a fall of 6 and then the formation of a corner pattern
The sun keeps shining ☀️ on the global cryptosphere, promising a slightly bullish market with upside potential in the next 24 hours. However, Ripple’s XRP and Polygon’s Matic encounter some clouds ☁️, signaling a potential downside trend. Looking ahead over the next week, the forecast is mixed with cloudy weather ☁️ for altcoins like Ether, Litecoin, XRP, and...
I've made the decision to buy some MATIC with a target of 1.25 and a stop at 0.8. I've split the order into three parts: the first at the current prices, the second at 0.86, and the third at 0.83. The information provided here is for informational purposes only and should not be considered as financial or investment advice.
MATIC’s price action rebounded from the mid-range. The range low is a confluence of a bullish OB in H12 formed on 16 May and another bullish OB formed in H2 on 14 May. A price rejection at the short-term range high could drag MATIC lower. Entry: $0.89 Target: $0.84 Stop-Loss: $0.91 RR - 2.8
Hello, welcome to this MATIC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Polygon (MATIC) was another notable mover on Thursday as the coin also reversed course today. MATIC/USD touched a peak of 0.8895 at the start of the day, which comes less than 24 hours after trading as low as 0.8591. As a result of today's surge, MATIC is up 3%, moving away from the...
IT'S NOT FINANCIAL ADVICE I WANT TO PRESENT WHATEVER IS IN MY MIND. SO IT'S JUST A PERSPECTIVE *********************************************************** Hi guys, this is my overview for MATICUSDT, feel free to check it and write your feedback in the comments, AND don't forget to share this analysis with your friends. Are you ready? LET'S GO Hello. new...
Quite commendably, Polygon has advanced into our magenta-colored target zone between $0.78 and $1.02 and has touched at the lower edge of the pink trend channel to finish wave (iv) in blue. Now, we expect the altcoin to gain strong upwards momentum to haul itself up, leaving the magenta-colored zone on the northern side and developing wave (v) in blue, which...
there is 2 ways for matic and both of them are bullish also its very very low risk. so if you want to investment or know sombody who wants to investment I think its one of the best crypto currencies for large many because it has good risk to reward from the first target.
MATIC/USDT is currently at a long term support trend line. Do you think price will hold this support level?