Welcome to this quick
I have tried my best to bring the best possible outcome me in this chart.
Reason of trade :- MATIC/USDT analysis is inverse head and shoulder confirm and 21MA and retest trend line and buy the dip
Traget:- 30% to 45%
Stoploss:- 21 moving average downside trendline break...
1- ADX showing strength, uptrend should continue
2- MATIC is trading above the Moving averages
3- Price respecting the Median line ( RED line) of the Pitchfork
4- MACD is Bullish
5- Confirming the Breakout of the Resistance zone (1.67 - 1.63) is a Low-Risk entry
6- My long-term targets : 2.04 - 2.5 - 2.7 - 3.2
7- Use ladder entries
Polygon (Matic) Update 23/10/21: Polygon (Matic) is currently 86% from the ATH @ $2.87 and 174% to the $4.22 target. From the current price we are currently 555% away from Polygon (Matic) at $10, we can expect to surpass this peak bull cycle it's going to be an explosion 🚀
Our current price Targets for Polygon from the current price:
127.20% Fibs at $3.47 (127%...
MATIC is a very strong coin from a fundamental point of view. How quickly this technology has flooded the blockchain sphere says a lot already.
From a technical point of view, a trend line has formed on the chart. The price has already tried to break this trend line, but it failed and ended up with a false break. But at the same time MATIC continues to...
When we look at the chart daily, there is a shark bull formation.
It is very risky to enter the trade before the bulky momentum arrives. Risk money management is very important in such transactions.
There are technical levels on the chart.
Entry level to trade :0.00002291 (at 4 Hour candle close)
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MATIC broke out of the pattern recently.
It's retesting right now.
Also Broke above 21D MA which is bullish.
So this could be a reasonable trade.
Okay so Matic since my last post has done wonders and has given my followers massive profits :-).
MATIC shot up so hard and broke all the resistances, however, we got rejected from the 0.786 of the last high exactly just below my TP2 :-), MATIC is now resting/retesting and it is all fine for a healthy move.
soon there will be a break out of matic from 1.676, if it closes above that level for 2 days we can expect a new all time high
and i am expecting it to go all the way to $4
tp 1 - 2.7
tp 2 - 3.5
tp 3 - 4
MATIC got a new uptrend from 1.1522 support level reaching a high of 1.6328 although, the asset is currently seen to be on a sell position. But we are set to see an uptrend that breaks this new resistance level of 1.6328
MATIC is an asset that is increasingly going bullish again USDT with it's multiple uptrends having more buying power. Once price gets above the 1.638 price mark, We will see MATIC going bullish until it hits/break the 1.817 resistance mark.
Do you think MATIC will continue to go up against USDT?
Important jump for MATIC, yesterday.
I invested a part of stake cryto on this interesting coin, due to the scalability potential of the blockchain connected to it, which speeds up what Ethereum still cannot do.
Ascent accompanied by excellent volumes.
I entered 0.97 on September 30, 2021 and after a near re-test of the important volumetric...
In this chart analysis of MATICUSD pair, We have seen a new support level of 1.00 in price, reaching it's highest high at 1.461. Although, the sellers might be setting the Asset a little down but when a bull breaks the 1.36 first resistance level, we will see it reaching 1.522