Buy as the price touches the 50MA previously 50MA seen as a point of upward rejection I am long MATIC/Polygon
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 ------------- 1) since we are in Wave (C) its going to be a 5...
#Matic as ive seen has hammer so its low is the SL which is 1.521 initial buy levels are 1.560 targets of 1.667
MATICBTC analysis on daily timeframe: MaticBTC is situated into a rising wedge which means a breakdown from this channel will happen. Now is sitting exactly on the support line RSI is going down which is a sign that bulls are exhausted and also you can see a big bearish divergence (Price vs RSI indicator) MACD +611 which is very much and it s still laggish. The...
MATIC is in a local trading range between the levels of $2.7 and $2.4. The price is in this range for two weeks already. It is dangerous to open trades yet, because it is not known who is stronger in this case - sellers or buyers. It is worth waiting for a clear confirmation. It is also worth noting that the price starts decreasing near the lower boundary of the...
MATIC is globally in an uptrend, but now a bearish pattern has started to form - lower maximums. This is not a very positive signal. Also worth highlighting is the formation of a bearish pattern like head and shoulders. This also indicates the weakness of the buyers. At the moment, the sellers are restrained only by the trend line, which acts as support. In case...
This is what I think about MATICUSDT Rising wedge is broken
Polygon just regained 50MA support and looks ready for bullish continuation after a last retest. Current Price= 2.2351 Buy Entry= 2.2088 - 2.1160 Take Profit= 2.4165 | 2.6646 | 3.0737 Stop Loss= 1.9585 Risk/Reward= 1:1.25 | 1:2.46 | 1:4.47 Expected Profit= +23.50% | +46.44% | +84.28% Possible Loss= -18.86% Fib. Retracement= 0.559 | 0.786 | 1.117 Margin...
i have eyes on Matic for the past few weeks. after Matic breaks the trend support, I will short Matic with a small sized position.
Matic has been ranging well, but a head and shoulders could be a problem at the diagonal support. It really could go either way once price gets back to support. Just something to pay attention to and act accordingly when/if the time comes.
Hello Everyone... Important price levels specified We have an uptrend line that if it breaks we can experience a drop of $ 1 and 40 cents. And in the second stage up to the price of $ 1.... Given that we have reached the ATH of this chart ... the chances of falling are higher . . .
Early 2017 LTC and current MATICUSD Both prices can be seen to trend in an upward direction Matic may break out likewise aswell I am long MATIC
Great bounce for Polygon (Matic) on the trend-line support level just above the 61.80% fibs. From here Polygon (Matic) is currently only 49% gain away from our $3.47 target at the 127.20% fibs and only 23% away from the ATH at $2.88. Our current price Targets for Polygon from the current price: 127.20% Fibs at $3.47 (49% Gain) 161.80% Fibs at $4.22 (80%...
Based on technical factors there is a long position in : MATICUSDT Matic Score 3️⃣ 🔵Long Now or set on Key Level 2.135 🟢Target 1 2.350 🟢Target 2 2.580 🟢Target 3 2.890 ❌Stop loss 2.035 #K_Level Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones. Please...
BINANCE:MATICUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! #MATIC is moving in a flat-top triangle, In other word; It has formed a bullish triangle and now the movement is approaching the edge of the pattern. There will be scenario to play and...
I am not saying Matic goes down even if BTC goes up but even if BTC goes up Matic gave its profit to holders and they will start selling, so Matic in this price is not a good buy and if you insist on buying it wait for better opportunities(when the price break the downtrend I drew)
we are in the strongest support area please take your position we are going to see a bullish trend asap.
one of trading position i was checking under my eye is this i hope you enjoy it good luck main trend is down!