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(MATICUSDT 1W Chart)
If it falls below 0.616, there is a possibility of entering the mid- to long-term investment zone, so you need to trade cautiously.
(1D chart)
Resistance: around...
The total evaluation for the MATIC asset is "bearish". Please be reminded that everything in the chart as listed, labeled and written are only using common theories of tested price action over a long period of time which are, namely, supports and resistances. The price action as well depicted by the black arrow is to help guide a natural flow of price action with...
MATIC/USDT Last defense area in this range around 1$ ------- If bulls not active here except another 40% drop toward 0.7$ - 0.5$
Keep an eye reaction on this area (candles closing)
Hello everyone , hope you survived from the market crash and still have patience , as you see matic now supporting on the green zone , i think matic could be retrace to set the double bottom pattern and after that go up , but you should watch BITCOIN too , if lost this support area the next is 0.27$
not financial advice
always manage your risk
Still think there's room to go down, if this wave corresponds to a 4, then we should expect at least or less than 38%, waiting for demand to be met around .30
NFA
Today, we analyze the global graph of the Maticusdt trade pair
Of course, virtually all of the alts is very painful to respond to the fall of the price of BTCUSDT
However, on the other hand, the price of alts reaches strong liquidity zones, from which were organized good buyback up at the trade history.
So the Maticusd price reached the liquid zone $0.67-0.80...
Major support break on the $MATIC 3D around .75, with the new LL made around right around .5 Clear support break, and the retest and failed thus, like many others.
Levels are as follows, invalidated with a hold/close over .75
As it is very volatile market today, be careful with volume.
MATIC is especially interesting coin today since there is a good level for scalp. We can see that there is a buyer protecting it, so it will be a good idea to short it after 1-2 touches.
⭐️ BTC bearish
⭐️ Trend is bearish
⭐️ Today FED releases inflation predictions
⭐️ Strong level
⭐️ Formation is...
MATIC, has broken through the 1h level pressure level, and can try the 4h level pressure level.
Good entry price: around 1.34
Stop loss price: below 1.3
Target: 1.46
good luck!
#MATIC/USDT
$MATIC is inside falling wedge pattern.
🐮 break out from upper line of 4h wedge will increase price to next descending resistance around $1.35.
🐻 as there is a daily falling wedge too, it is more possible that price drop more to lower line of this wedge around $1.1 then start to increase.
As you all know, MATIC is not performing well from last 4 weeks and according to the Chart patterns, Ascending Channel is formed, Breakout formation and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Happy Trading :)
Good Luck!
If you like my idea, please...
Nice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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ASCENDING TRIANGLE
#CTSI 1d update Don't Miss ...
RSI & MACD Showing Bullish Divergence &
Entry & Target in Chart
Don't Forget SL Put in your Trade in this Market Condition.
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(Not Financial Advice)
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Matic chart patterns are exhibiting ascending triangle like behavior. This is a neutral ground, and we don't know whether it will go up or down.
In either situation, some local tops and bottoms have been highlighted to show where one would expect selling or buying to occur.
Our report on bottom is for MATIC since January 1 of 2021. The indicators are still in a...
![MATICUSDT: [ALTCOIN]ASCENDING TRIANGLE](https://s3.tradingview.com/x/XzJoa5mA_mid.png "[ALTCOIN]ASCENDING TRIANGLE")
