Matic To 0.949 🚀💲Matic take Imbalance in : 0.8606 and it's ready to go up at anytime maybe it go down more to 0.8553 , and going up again targets 🎯 : 1 - to 0.8949 2- to 0.9249 PS : Use 5 Min TimeZone and 2 Hours TimeZone to see chart more clear Longby TamerQamari1
MATIC/USDT shortMATIC/USDT short term targets are mentioned on chart. I personally took this trade and shorted MATIC/USDT from 0.9200, Bearish RSI divergence, Resistance at 0.9200 are the key factors on which I shorted MATIC. Always manage your risks when taking trades.by Cryptolysis_wizardUpdated 6
Matic looks bullish Matic looks bullish after completing the correction period, currently trading at a demand zone.Longby PakistaniInvestores1119
strong buyIt is quite clear that this pattern is a flag . The whole market is rising, but MATIC has not started yet . It can be a good start for those who haven't bought anything yet. good luckLongby nemati7394331
MATICUSDTA higher timeframe breakout and restest by Matic. Finding support at range POC. AVWAP from the low and fib golden pocket. A long trade any day off the week. Remember correct R:R. Not financial advice.Longby Para_bolic0
MATICUSDT 3D#MATIC broke the trend line and retested it on the 3-day chart. The Golden Cross happened. We expect some good upward movement from here. Targets are: $1.1595 $1.4200 $1.6805 $2.0515 $2.5240 Support is around $0.8371 Buy a bag and hold.by Bithereum_io15
MATICUSDT is changing trend as RSI showing divergence MATICUSDT is changing trend as RSI showing divergence in 4Hour time frameLongby zameer_balti1
Matic to $1.15LONG: #MATICUSD | CRYPTOCAP:MATIC by MarketIntel Dive into @0xPolygon green zone between $0.921-$0.790! 🌊 Perfect window to go LONG. Set stops 1% below the edge. Eyes on the prize: soaring past $1.15 soon! 🚀... DYORLongby Sirgroh2
MATICUSDT IDEAHello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring MATICUSDT for a buying opportunity, MATICUSDT UPDATE Symmetrical Triangle Breakout Has Already done Retesting In Process Successful Retest Can Lead Massive Bullish Rally Towards 2.5000💰 in next few days 💯Longby ATradeSniper7
MATIC Weekly#MATIC pullback to the broke out the Dynamic resistance level that now act like a support lineLongby Aluucard2212
MATIC on Important TrendlineHi all, let's analyze the current MATIC chart on 1W timeframe. If Matic breaks this support trendline, we go down nearly 30%. Else, it continues. And if it breaks down and reaches the support, then it's a confirmed good trade.by ImThour3
MATICUSDT-bearishThis chart shows bearish trend with contol in seller hands. So far it is dropping down but it will break its LH.Longby HinaRaffique111
MATIC/USDT potential 150%++Accumulate under $1.25 TP1: $1.48 TP2: $1.7 TP3: $1.93 TP4: $2.34 TP5: $2.56 TP6: $2.7 TP7: $2.87Longby saumysardarsinghUpdated 10
MATICUSDT LONG OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.Longby Cryptomoonfx2
MATICUSDT IDEAHello Trading view Family / Fellow Traders. I hope you have used and benifited from the previous analysis . In today trading session we are monitoring MATICUSDT for a buying opportunity, MATICUSDT UPDATE In 1H Timeframe, Bullish pennant Breakout is Done & Retesting is in Process✴️ Gearing up for a Substantial Bullish wave in the coming Days🚀Longby ATradeSniper6
Matic Buy Range Matic Buy range 0.9779 .9275 TP1-1.0721 * DISCLAIMER, PLEASE ALWAYS DO YOUR OWN RESEARCH * The information contained herein is for informational purposes only. I do not guarantee any particular outcome. Past performance does not indicate future results.by tjsmart38062
MATIC: Major Lawsuits and the Long-Term TrendPrimary Chart: Monthly chart of MATIC (Polygon) with Monthly Four-Year Uptrend Fundamental Issues Arising from Recent SEC Legal Actions Significant fundamental concerns have been brewing relating to Polygon / MATIC. The United States Securities and Exchange Commission (SEC), is the primary securities regulator in the US that handles securities registration, enforcement, and efficiency of capital markets. The SEC has recently named 13 securities that it alleges to be unregistered securities including the subject altcoin. This came as part of this agency's enforcement action (lawsuits) against Binance Holdings Limited, Changpeng Zhao, et al., as well as its action against Coinbase, Inc and Coinbase Global, Inc., essentially the Coinbase exchange. The SEC alleges defendants' "blatant disregard of federal securities laws and the investor and market protections these laws provide." Section 5 of the Exchange Act requires entities meeting the definition of exchange to register with the SEC as a national securities exchange under the Exchange Act unless exempted. Similarly, broker-dealers are required to register with the SEC under the Exchange Act as well, 11 U.S.C. § 78o(a)(a) (typically, broker dealers are defined as persons engaged in the business of effecting transactions in securities on the account of others). And offering and selling unregistered securities is also a major violation of the securities laws that carries severe legal consequences. Coinbase Inc., for example, is alleged to have never registered with the SEC as a broker, national securities exchange, or clearing agency. Accordingly, the SEC argues that Coinbase has unlawfully "evaded the disclosure regime" that federal law provides for securities markets. All these legal actions depend on on a pivotal concept: whether the crypto assets involved are securities. Broker-dealers by definition effect transactions in securities , so determining whether crypto assets are securities is a vital prerequisite to determining whether the defendants unlawfully effected transactions in securities on the account of others. Similarly, the registration requirement for exchanges depends on entities meeting the definition of exchange, which requires that the exchange constitute, maintain or provide a market for buyers / sellers of securities . If none of the crypto assets are deemed securities, then much (if not all) of the enforcement action would fail. Conversely if any one of the crypto assets is deemed a security, then the enforcement action would succeed at least in part. Further, if the altcoins are legally held to be unregistered securities, then the exchanges may have unlawfully failed to register as exchanges, which registration comes with heavy disclosure requirements, and defendants may be liable for engaging in multiple unregistered offers and sales of crypto assets deemed as securities as well as other illegal schemes. Further panic has been arising from derivative effects of these actions. To illustrate, reports have also circulated that Robinhood, a widely used trading platform for retail, has been "delisting" (dropping from its platform) major crypto tokens, although SquishTrade will recommend readers research this issue further for confirmation. Even if such reports were not correct, they instill panic, and their effects plainly follow from the legal actions. This discussion of fundamentals are presented solely for context . This post will not delve into further detail about the litigation nor will it discuss whether the legal actions are well grounded in fact or law. No speculation will be raised as to the probable legal outcome or ramifications of a particular adverse judgment against any crypto exchange defendant. Instead, the focus will remain on price, which is the best and most efficient processor of all fundamental information available. It's not always efficient and timely, but it is likely faster processor of all fundamental information than the best research team on the planet. Technical Analysis Focused on Longer-Term Trends Polygon (MATIC) has fallen over -32% in the past 10 days since June 1, 2023. Since the swing high in February 2023, MATIC has plummeted approximately –67.55%. The recent sharp downdraft in various altcoins may appear formidable, p and befuddling especially to those focused on intraday or even daily time frames, i.e., trends of much smaller degree than the ones shown here. Further, with leverage or oversized positions, a position traders may be stunned and unable to manage their positions. This would be true even for an experienced trader who had the foresight and discipline to buy the December 2022 lows ($.75) who may still be significantly underwater at this point if profits were not taken in a strategic or programmatic way. However, longer-term investors / position traders in this Ethereum-based Polygon network may do well to zoom out somewhat given the news. Doing so, they might discover that the very long-term trend remains higher in Polygon. Consider the 4-year uptrend line on the Primary Chart above. It hasn't been touched since November 2020. Furthermore, the long-term Fibonacci retracement levels (logarithmic only) show that even the shallowest of the widely followed levels has held as support since the peak in December 2021. The shallowest retracement level, Fibonacci .236 proportion, is shown below in Supplementary Chart A at $.53. Supplementary Chart A The next shallowest level is the Fibonacci .382 retracement (again on the highest degree of trend available here), which falls at $.19, also shown in magenta on Supplementary Chart A above and Supplementary Chart B below. Supplementary Chart B Of course, uptrends frequently retrace to .50 and .618 retracements as well. This could take MATIC to significantly lower levels shown in gold and green lines on the Primary Chart above. But discussing such distant Fibonacci support levels under .085 might be getting a bit ahead of where price action trades now. As shown on the Primary Chart, the uptrend line for 4 years has not been tagged since November 2021. This is not to say that it won't be. SEC enforcement actions are not to be taken lightly by investors or the defendants. A couple more long-term technical levels that are more dynamic should be mentioned. Supplementary Chart C shows an both an anchored VWAP from the all-time high and an all-time low (based on available data for Matic Network / TetherUS). Notice how the major low of 2022 tagged the anchored VWAP from April 2019 where the data begins on the chart. And MATIC's price found resistance at the VWAP anchored to the all-time high repeatedly, with one false break above it, confirming this level as strong resistance. So a trend-based analysis based on volume-weighted average price tells us that price remains in sideways consolidation within a very long-term uptrend—at least until price breaks and holds below the VWAP from the all-time low . Supplementary Chart C No one knows what will happen if price arrives at this uptrend line, but many trend-based traders and investors look for risk-defined entries at very long-term trendline support, with tight risk at / near the line itself to play for a sizeable bounce at a minimum or even a resumption of the larger-degree trend higher. But if the trendline is invalidated, the risk will have been kept small. Managing risk is vital since no one can say with certainty whether a trend will resume or whether it will resume at the trendline where it resumed after past countertrend moves. The same can be said for the key Fibonacci levels, each one providing a trend-based investor or analyst with another pivot to watch for support where a countertrend retracement may end and the shorter term trends realign with the longer-term trend. Does this longer-term trend provide absolute reassurance, a guarantee of sorts, that many nervous crypto investors want concerning whether this long-term trend will remain intact? No. In fact, no such guarantees exist in financial markets—this holds true regardless of whether one is bullish, bearish or non-directional / neutral. The aphorism in trading and investing is to make the trend your friend until the end, when it bends. Even long-term trends break, adjust, change, or reverse. To illustrate, consider that the upward trendline shown on the primary chart (monthly) could be broken and reconstituted if monetary policy continues to remain tight (or even to whipsaw as some argue). This may not mean a trend reversal on this very high degree of trend, it may just mean that the trend continues albeit at a less steep slope. Trends with steeper slopes have a tendency to be broken more easily than trends with less steep slopes (in downtrends or uptrends). This may be a result in part of the mean-reverting nature of price action on all time frames, from the shortest to the longest. In technical analysis, trend continuation should be favored over trend reversal. Further, when bullish trend-based supports are reached, no one ever feels that good about going long because the news has been awful to get price down to that level. And here, the term "trend" refers to the 4-year trend shown on the Primary Chart, which may be deemed an extended primary trend (which typically fall between 6 months and two years but can extend longer) or even a secular trend given its duration. In short, if a countertrend move is occurring, traders and investors should consider it more likely for the trend to continue than for it to reverse on this time frame and degree of trend. This is not a recommendation to buy or sell MATIC. Instead, this is an attempt at an objective conversation about longer-term trends in this altcoin in light of recent regulatory lawsuits involving whether it may be an unregistered security as held on most exchanges. SquishTrade at the time of writing holds no position in MATIC or any MATIC derivative. ________________________________________ Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed. Please note further that this technical-analysis viewpoint is short-term in nature. This is not a trade recommendation but a technical-analysis overview and commentary with levels to watch for the near term. This technical-analysis viewpoint could change at a moment's notice should price move beyond a level of invalidation. Further, proper risk-management techniques are vital to trading success. And countertrend or mean-reversion trading, e.g., trading a rally in a bear market, is lower probability and is tricky and challenging even for the most experienced traders. DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction. Editors' picksby SquishTradeUpdated 3333472
Not a good idea to buy MATIC/USDT now.I think we should not buy MATIC for now because the chikou span still is below all its obstacles and the price has only got above its tenkan sen level. We should wait for the chikou span and the price to get above all their obstacles on the monthly timeframe in order to enter long on MATIC. by trader779745
MATICUSDT to the Moon The analysis indicates that MATIC/USDT is poised for a significant bullish rally. On the daily timeframe, a crucial buying area is identified between $0.90 to $0.93. This range signifies a zone where substantial buying interest has historically emerged, potentially acting as a strong support level for the cryptocurrency. Additionally, on the 4-hour timeframe, a new fresh order block is noted between $0.95 to $0.97. This block is significant as it represents an area where substantial buying orders are likely to be present, reinforcing the bullish momentum. Two target prices have been set, suggesting potential profit-taking levels for traders. The total gain expected from these targets is projected to be 40%, indicating a considerable upside potential in the price of MATIC. Setting clear targets is essential for traders to capitalize on price movements effectively. Furthermore, risk management is emphasized as a crucial aspect of trading. Managing risk involves measures such as setting stop-loss orders to limit potential losses, controlling position sizes, and diversifying portfolios. By prioritizing risk management, traders aim to protect their capital and minimize potential downsides, ensuring long-term sustainability in trading endeavors. In summary, the analysis suggests a favorable setup for a bullish rally in MATIC/USDT, with identified buying areas and profit targets. However, traders are reminded to manage their risk diligently to navigate market uncertainties and safeguard their investments effectively.Longby MOAZAM1133Updated 3
MATIC ABOUT TO PUMP 200% FROM HEREMATIC is currently breaking out of a 3-year descending triangle pattern reversal, which is bullish sign of continued upward movement. 2,80 could be the target for long term which is just under the ATH.Longby TitaniumTrader14
MATICUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.Shortby Cryptomoonfx1
Completion of 2-year consolidation Polygon MATIC price is near!The MATICUSDT price now is in the liquidity zone, where it will be decided whether it is a winner or a loser. In order to grow further, it is necessary to shake out "extra passengers" from long positions. In other words, a breakout of the Matic price below $0.73 should activate stop orders. In such a trading situation, keeping a pending limit order in the range of $0.60-0.63 might be a good idea. On the other hand, a similar trading pattern was already seen in the second half of 2022. Back then, "buyers" didn't let everyone who want to buy below the liquid zone, but pushed the MATICUSD price up from "the base" to update local highs. What will happen this time? Write your thoughts in the comments. by P_S_tradeUpdated 7735
LONG $MATIC: DAILY and a possible WXY formation ended/ingLONG BINANCE:MATICUSDT.P My take is that MATIC has been forming and may now have ended (else is close to ending) a complex triple three (3-3-3) WXY correction. Said correction is, as per Elliott Wave theory, comprised of a combinations of corrective patterns. I spot three ossible ABC´s within the WXY- Target area for Y wave has been hit at $0.7713 , and may still go a little further towards $0.6704, but needs not to as we have a full pattern. Said development would align with the expected ending of Bitcoin´s own correction which "could" finish some place between $37.800 and $35.460 (bearish view) or could have bottomed in this last swing low at $38.540 (I find it less likely but yet possible). In a word: LONG MATIC from here up until at least $0.9345 and then... we shall see ;). Longby Ivanbole71Updated 114