Analyzing the blockchain history of addresses with realized profits, we can see that June and July are periods of inflections. If this repeats itself, we will have a strong last drop in one of these month, and only after that a recap.
Polygon / MATICUSD almost hit the Rising Support that goes back all the way to January 2021 and is now rebounding. This is perfectly viewed on the 1week time frame where the price hit the 1week MA200. As the 1day RSI is also rebounding, a crossing over the MA line, will confirm the bullish trend, like it did on July 4th 2022. Buy and target the 1day MA100 on...
Analysis: HTF The price broke down from the previous weekly support and came back down to next weekly support which is marked as WS1 on the chart. That support did not hold but weekly support WS2 held the price and provided the expected bounce. Next weekly support level is WS2 but I doubt we will visit there. Any further dip to the weekly support WS1 is for...
Do you think Altcoins will stall when Bitcoin starts running? If you think the alts will walk too, I can talk to you about MATIC. In my opinion, I think we are in the days when we have the last opportunity to buy MATIC, which will be the star of the next bull season. As you can see on the black lines, MATIC, which made the symmetrical triangle it made in the...
Trading volumes and volatility have declined. The RSI indicates that sellers have weakened. TD Sequential has formed a reversal signal up on the 1H TF. I think MATIC will bounce if it holds the support area.
Trend stron bearish RSI Momentum below 50 strong bearish Nearish Volume rising Support will break soon Matic will fall deeper ADA, MATIC, SOL face the music as Robinhood delists tokens Hours after Robinhood delisted ADA, MATIC, and SOL, the price action of the tokens was not what participants would have hoped for. The decision to end support for the tokens...
Weekly timeframe the Gaussian channel is curling towards the green zone. The previous time during the green channel was extremely bullish on this timeframe. Currently we are sitting under the Gaussian Channel but it can recover really quickly.
As I mentioned before, we could be currently in stage 2 of this inflationary bear market. This means that inflation peaked in September and we can expect to see lower inflation for a few months, followed by a recession. This will likely lead to more bear market rallies until the Federal Reserve intervenes again and introduces more money into the market, leading to...
MATICUSD looks good for investing at 0.20 or 0.25 this coing have bullish waves over 4$
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Hello, my friends! We had two options in analysis for today: MATIC and ETH. MATIC won this battle. This asset has the very interestin price formation. Therefore I can assume that bear market will be finished soon. Last dump affected BINANCE:MATICUSDT also, but price was not able to break even the lowest point of the current bear market. Let's take a look at...
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the MATIC symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHOT the ICP symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
If you haven`t sold MATIC here: Then you should know that Robinhood, the well-known trading platform, will discontinue its support for three cryptocurrencies implicated in SEC lawsuits against Binance and Coinbase. Effective from June 27, 2023, Robinhood will no longer provide support for Cardano (ADA), Polygon (MATIC), and Solana (SOL). In My opinion MATIC...
The upsloping support has held so far. If we get the bounce, we expect the price to create the lower high which would be an entry for short position. If the upsloping support fails, and the price confirms it as a resistance, it may be an entry for short as well. Entry, Take profit, Stop loss and final target are shown on the chart. Good luck
Trading Investing is not about guessing. It is about having the ability to identify key areas and then manage risk. Obviously, my style is not I got 3 pips I am taking profits and I am out! On to the next trade. My style is about capturing big waves with a lot of meat on that bone. Set it and forget is far more profitable than the 3 pip Death by 1000 paper...
MATIC has broken up 50EMA on the 1H Timeframe. The RSI chart is moving in the bullish zone at 1H and 30m TFs. The asset has fixed above the 50EMA on the 30m Timeframe. I believe that the price may rise after a rebound from the support area, and after that we will need to look for an exit from the pattern.
In MATIC, a very clear falling wedge formation can be seen in the daily timeframe. At the same time, MATIC, which is based on 0.75 support, can break the falling wedge if it is rejected from this support. Once the wedge is broken up, the first target will be $1.19 and the main target will be $1.60.