Hey dear friends, hope you are well and welcome to the new update on Matic Network (MATIC)
On the long-term 2-weekly chart, the price action of the Matic Network has completed the last leg of the bullish Butterfly pattern and entered in the potential reversal zone.
Possible profit and loss ratio:
This trade has a huge...
*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I may also own or trade any of the symbols and cryptocurrencies mentioned in this video so do not make your trading or investing decisions based on this video. I do not guarantee any results nor am I responsible for your actions. You should...
In descending channel structure since 2 months
Now price is facing upper trendline resistance of channel and (fibo 0.618 resistance )
If breakout happened we can buy breakout or the retest with good stoploss
Good luck & Happy trading
Please support us by likes and subscribe
Show your opinion in comment section below
💎Technical Analysis Summary💎
-MATIC is approaching fast its weekly swing support around 90-80s sat
-This level has been tested last April and July 2019
-If the over-all market becomes stable especially for the Altcoins
-There is a chance MATIC can easily bounce from this region
-There are conditions that need to meet before buying this...
The Content is for informational and entertainment purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. This is not financial advice nor am I a financial adviser. :)
Big triangle has formed
Included a optimal buying zone in green, that includes the present time.
This could moon anywhere so i withdrew from placing a bars pattern.
Volume is currently 161 million
MATIC is also now available on the KYBER network
In fact, everything that is drawn in vain depends on Btc. The basis of this work is btc. I don't know anyone else. etc etc we can say. Is it true? partially correct. Bitcoin is very powerful and is the engine of this business. But it should not be forgotten that many coins create their own projects and networks. One of them is Matic Network. The fact that btc ate...
MATIC is testing now an important support level. We call as a key level (Key level is a region that the price worked as support and resistance many times over the trade history)
Let's see if the bulls hold the price above this level, but I expect this asset to continues the sideways movement.
Push the like button and follow us...
Hi friends this hope you are well and welcome to the new update on Matic network token. The Matic token is again gearing up and so far it has moved more than 20%. In today's article we will do analysis on this token.
The movement within the parallel channel:
In my previous post we have seen that the price action of Matic network is moving within a parallel...
Hi friends hope you are doing well today I want to talk about the Matic network, how it is turning bullish and how much the mainnet launch at the end of May can affect the price action of Matic token. The mainnet launch of Matic network is expected on 31st May 2020. Therefore the current bullish move of the Matic can be different from the previous bullish rallies...
MATIC has broken out from the Ichimoku cloud but its volume is decreasing too much.
So if you are holding MATIC, you should be careful at the range of 240-250sts because this zone may be the reverse zone.
If you have no MATIC, you should wait it at the range of 180-190sts
I think the pump movement that we see from time to time in #MATICBTC will be repeated..
#MATICBTC has been on a rising trend for a long time.. I think vortex is the key indicator for #MATICBTC, when the vortex produces a buy signal from the reference level (1.02), we can easily see how meaningful it works at the price movements.. Although Vortex is far from...
MATIC/BITCOIN is about to make a decision of the future trend direction, we are above a important support level, but on it seems to be a bearish acumulation pattern, now is time to be pacience and wait for more clear indications to go with the trend.
On the chart we mark important informations as entry points, and our objectives of the two...