#MATIC
The price recently reached the first target of 0.8400, which is a moving average of 100 on
a 3-day frame
It achieved approximately 70% rise
After the descending triangle and the downtrend were broken, which opened the way for the rise
Supported by saturation on MACD
It is expected that a slight correction will occur before the rise to the...
MATIC has been caught between a trading zone since November but has finally touched the Support Zone and bounced back above the Daily 200EMA. Should we long here?
How do we trade this? 🤔
The Support Zone was touched and a strong bounce led the price back above the 200EMA. We are currently hovering between the Daily 30EMA and 200EMA with no clear signals to buy...
Polygon broke out of the 200EMA resistance and ran to the upside to flirt with the $1.00 price point in mid-November. We've now seen a two-legged pullback from that price and a double bottom seems to have formed. Does that mean we're ready to try for $1.00 again?
How do we trade this?
We do have many of the required conditions to get long! But we do need to...
I congratulate everyone who opened this position. They reached all the targets and completely closed the position.
MATICUSDT - achieved the first target +69.6% ROE with 20x
MATICUSDT - Well goes from htf
Well goes from htf.
There is a good level of liquidity on top, and locally we have trend liquidity, which will be collected in any case only either when the levels are broken, or after the LFT is confirmed, which was indicated on the chart. The second variant of the outcome is eventful, more acceptable
Target is bsl level ($1.165)
Of course, it is better to...
As long as it doesnt hit the Stop loss, we are riding the Bullish Trend of Matic. We will wait and see if it moves back up and we will jump into this Long trade
A quick analysis on MATIC using both wave theory, Fibonacci analysis :
Looks like we are in A-B-C correction, subwave 4 of the 5 wave series for Ethereum A-B-C irregular correction
Macro-level
In a complex A-B-C correction
W(A) in orange
W(B) is Blue
Wave(C) is a 5 wave in purple
Micro-level
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1) since we are in Wave (C) its going to be a 5...
Until now matic still in uptrend scenario. Price pullback at support area also confluence fibonacci area 0.786 (price around 1690 - 1730).
Price also above EMA 50 in Time frame 1 Day.
When trying to take fibonacci extension we can see area to take profit around :
TP 1 = 2400,
TP 2 = 2581,
TP 3 = 2812.
Stop Loss = Support Area.
note: only take...
Emissary over here.
Hello again everyone.
Today we take a look at Matic Network.
Price was rejected days ago by the offer zone (red box). I think we'll see Matic reach i'ts all time high once again, but fisrt a retest to the 1.699 inside the channel may be necesary.
If you already have MATIC and it blasts off to the moon in the short term that's all right- But...
Hello friends. Please support my work by clicking the LIKE button(If you liked) comment your Opinion to help me make a better analysis , 🙏🏻🌹 love you so much lets take a look at the chart .
here we have a rising channel on a daily time frame, when we come to a lower time frame (4H tm) we can see a bullish candle that could start rising the price so I think here we...
