Completely ⚡ short period analysis based on Trend support and supply and demand
With movement shift // pls #DYOR
👉 I am expecting COINBASE:MATICUSD shifted 🙄 it's movement bullish side 😛 in day frame LL >> HL
Use 1% position size of ur liquid 💰
Leverage must be below 4X cross 🤞
⏰ expecting 30-50 day's below later invalid 📌
🔥Buy :: $0.5 - $0.54 < split...
In the opinion of the coin-score team, .ai Matic will enter one more time before entering the bull market in the $0.45-$0.31 channel. in the situation in which it will re-enter this channel, there is a great opportunity for accumulation. Despite the problems with SEC Polygon, the fundamentals have not changed. Below is our fundamental analysis:
Given the recent developments in the crypto space, there are several factors that point towards a bearish outlook:
FTX Liquidation of $3.4 Billion in Crypto Assets: The approval by the Delaware Bankruptcy Court for FTX to liquidate $3.4 billion in crypto assets is a significant event. This influx of a substantial amount of cryptocurrency into the market could...
An idea for MATIC suggesting a bullish recovery at the secondary support level in dashed line.
Strongest support would be also good.
The secondary support coalesces with a horizontal support so it would be nice to see strong reversal there.
I am very bullish on MATIC.
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...
The price of Polygon is $1.09 today with a 24hour trading volume of 444 million dollar.
After trading near the resistance line of the symmetrical triangle pattern for a few days, Polygon turned down and reached the support line but it still hold the uptrend
The flattening 50day EMA ($1.13) and the RSI below 50 indicate that the bulls may be losing their grip. If...
💎Attention, Paradisers! Turn your focus to MATIC, as it's gearing up for potential movements, offering a few captivating possibilities.
💎MATIC faced resistance at the OB a few days ago, sparking an upward trend. Yet, with a hint of slowing momentum, it's projected to re-engage with the OB. Should it falter at this juncture, anticipate a bullish continuation from...
Matic buyers are not giving up and are trying to break through the local trend and strong liquidity zone from above.
We assume that there will be more attempts to push the price up, so this medium-term trade has the right to live:
Entry = $0.636
Stop = $0.5582 (-12%)
Take Profit = $0.9595 (+50%)
Potential profit/loss ratio = 12/1
We are approaching the end of a two-year triangle, and as we approach the valid support range and considering the price range of 60 cents as Stoploss, the target range of 91 cents will be available.
Footnote: I personally expect to see a very strong upward movement in the medium term, beyond imagination!
Just a future projection for CRYPTOCAP:MATIC , as we are still in that phase where assets show all the indicators prompting toward a reversal & to enter a new bull cycle. Still a long way to go, but crypto is here to stay and the buyers that load up here, are the real winners.
The price of Polygon (MATIC) has experienced a significant 22% collapse since its July highs, raising concerns about the possibility of a new yearly low.
MATIC failed to break through a critical horizontal resistance area, leading to a breakdown from a short-term corrective pattern. This decisive rejection indicates a bearish trend, and if the breakdown is...
#MATIC EW Chart:-
#MATIC/USDT Might have the Main Impulse Count Completed.
IMO Now ABC Correction waiting.
Wave A and wave B are Already Completed and Now Ready for Zigzag Wave C.
Expecting 5-10% upward Move from here.
Stop Loss:- $0.66
MATIC/USD and MATIC/BTC
- Both reaching into oversold levels on the RSI
- Both in parallel channels & near or at bottom
A long term accumulation window may be opening here
Its very important to review my TOTAL 2 and TOTAL 3 Altcoin charts which shoe that a secular bull run for alts is more probable between Dec 2023 and Mar 2024.
Regardless now is the time...
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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