Hello, MATIC holders should be aware, it's hard to say that MATIC will go up more... now price in symmetrical triangle, I know it could break to upside, but who benefits?! Most of investors now in huge profits, and they will fix their profits ASAP if price will break this triangle down. So there is 10% probability price will push up from here and hit 450 level....
If Matic can get above the 0.5 Fib at 0.02875 we should be looking at another run. currently in the past couple hours, we have been rejected by the 0.5 FIB but are holding support at the 0.618 golden FIB. Lines are drawn starting at parabola (see 1.0 fib retracement line)
pretty self explanatory. Obviously try to catch the mid day dip around 0.02-0.024 and ride it out. This is an amazing project and worth the hype as well as the insane volume it has seen.
came up with this by combining a couple different techniques to find a range for a bottom. :)
correction might be complete with a truncated C, ending diagonal
if matic can close an hourly candle above the 0.5 fib fan I have drawn, I will climb to the next Channel and move to push above the .38 fib channel and could make an all time high... maybe even tonight but I doubt it. If it fails to break the 0.5 fib fan which currently would be somewhere in the 0.02925-0.0305 range depending on time, that would spell a rejection...
Hi Artem is here! Price showing regular double top with bearish divervegence. To trade on retracement I am looking for bullish divergence and rebound to the highlighted levels on the chart! Entry levels: 0.01548$ 0.01064$ Target levels: 0.02270$ 0.02725$ 0.03490$
I believe the 0.618 FIB from the beginning of this run at 0.003 will hold and be a launch point for another run that is healthier and less parabolic.
I see a bull flag forming here. Once we break the pattern, it is likely we will create a new flagpole with another huge 50% moonshot in a small frame of time. Be ready! Also I see this diving down to 0.02-0.0225 before recovering so DO NOT buy in now at almost 3 cents.
I see in this chart have 2 nice head & shoulder Buy: under 340 Target 1: 552 Target 2: 813
Going LONG for the next days/hours. It can still retrace to 0.01835
Here is what I believe will happen with MATIC after its parabolic run of 1200% growth. MATIC has thus far stopped at each fib retracement and is now breaking the 0.5 and should find support as sell volume is slowing down. Support will likely be at or a few percent above the golden 0.618 fibonacci somewhere between 0.0205 and 0.018.
looking for a second bull flag just like the one we saw today after a healthy retracement and support found at the 0.236 FIB from the start of this parabola a couple days back. target zone for take profit between 0.036 and 0.038 with profit zone extrapolated up 0.236 from current price. resistance will be seen at 0.034 as we near our ATH of 0.035... After 0.035 is...
as you can see we bounced off of the 0.5 fib and are working towards overhead at the 0.38 and 0.236 before profit taking at 0.034$-0.036$. fib is based on uptrend start today to ATH of 0.035$ earlier this morning. re entry target around 0.032
Matic/btc analysis now matic are going down to 125~107 we are waiting it to buy from it i will update the analysis when we are arriving the targets to buy it or not (:
Matic/btc now are going to visit 139 Satoshi for some reason First reason we are now in the 5th wave in the Elliott wave Second reason we have a head & shoulders Third reason now we have a harmonic pattern that show we are going to visit 132 Satoshi So the buying zone should be between 139~130 Satoshi And if the price down to 103 we will buy again Target...
Slope is clear with resistance becoming support. Wait for retracement to green line. This represents the slope down to May 10. If we hold this we will be stepping up this downtrending slope . Enter about 0,00900 Stop about 0,00850 Take profit : to be determined
I received some free MATIC the other day from Binance so i figured I would share my view. I sold my Matic at the top of this channel as i'm expecting some pullback as it's hitting some resistance. if it breaks and confirms maybe i would reenter but i'll wait for a pullback for a better entry. Did i make a lot of money? No :). Received 20 USD in Matic sold for 25...