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
💥MATICUSDT 4H-TIMEFRAME ANALYSIS
💗Hello ladies and gentlemen
This is my new idea for 💥MATIC Polygon
I hope my idea is clear
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Stay Safe💯💲💲💲
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Join us in this video as we analyze the MaticUSDT trading pair and highlight the exciting developments taking place. MaticUSDT is currently forming an ascending triangle pattern, with a horizontal resistance level at $0.89.
In this insightful analysis, we explore the potential outcomes based on different scenarios. If the resistance at $0.89 is successfully...
I have good news for shorts holders and bad news for matic holders
Bad news because this currency is falling, its price is set in dollars, and good news for short sellers because I marked the entry and specified my target.
The first target will be $0.5413, and the second target will be $0.3410. Enjoy, smart guys.
Given the anticipated downward trajectory of BTC from its current levels, the price of MATIC will likewise experience a decline. Ant it has become more evident as the price has undergone four retests at the lower boundary of the triangle, indicating a potential greater downward movement soon!
Consequently, a break to the downside is expected, and it may be prudent...
Hey guys, here what a new update in MATIC.
Using the Daily chart;
>Price ended up falling all the way to the local support at 0.85. Support has been holding well so far so a critical movement is about to occur either UP or DOWN.
>IF price breaks below the white support line ,we will be likely heading close to or into the next support located at 0.61.
>IF price...
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...
Entered into a short Scalp from here 0.8700 with close SL because not too confident on it.
Short idea is because of
Recent Two H4 closes is below Monday low price which is currently capping the price.
Recent H4 closed as Hanging man candlestick.
I have starting creating ideas here. So you can follow me for more. Thanks in Advance :) ;)
Note: Not a Financial Advice.
Today let's take a look at Polygon project 🗺️roadmap🗺️ in daily time frame.
First, let's take a look at the fundamental.
Fundamental :
Polygon is a layer-2 scaling solution for Ethereum which aims to address the scalability issues on the Ethereum network by providing faster and cheaper transactions. Polygon utilizes a network of sidechains to enable fast and...
The critical point of 0.73 is marked on the graph. If the price drops at this point, important resistance will be lost and it is possible to drop the price to 0.42 or less. Otherwise, we can expect a price increase, which should be re-analyzed.
Note : This is a Personal...
Hi Guys,
Very simple chart
Get a position and hold. If we fall below the lower boundary of the ascending triangle your get out of the trade.
This is another good risk to reward trade.
MATIC/USD chart will be shared later today, this is also leaning bullish.
MATIC is one of thee very few altcoins that have kept up with BTC in terms of value.
PUKA
Exactly 3 months have passed since the publication of the idea with our global vision of possible movements of the MATICUSDT price.
The first part of the idea has clearly worked out the $1.50 target, and the second part of the idea with a correction to $0.5 now looks unlikely.
It is more realistic to assume that the "buyer" who did not allow the MATICUSD price...
Price movement, RSI chart and changes in trading volumes on 1H and 30m Timeframes indicate a bullish divergence is forming.
I believe the asset will rebound soon.
