Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for MATICUSDT
There is R1 as a resistance area which represents the unsuccessful triumphs of the price to rise at several points. And S1 and S2 used to be resistance areas in the current chart. At the moment, we observe the fluctuation of price below R1 after...
Bitcoin looks on the edge, edge of an 10% correction that is.
Shitcoins, like MATIC which has been aggressively pumped in last month could see 20% or even 30% correction as bitcoin corrects 10%.
Keeping this on the watch list, going short if bitcoin correction is confirmed.
💲 MATIC Attention Strong Resistance Zone
💲 Nearest strong support zone: around recent lows.
💲 Nearest strong resistance zone: around the fibo level 0.236 of the upward wave.
💲 Technical environment:
📊 Moving averages: Uptrend
📊 MACD: Uptrend
📊 RSI: Uptrend
💲 MATIC as I wrote in the last post perfectly reached the target
We are just now slowly reaching a...
Time Frame: 4 Hours
Matic can be shortened from $1.2851. We can see the Matic is $1.1343.
It is recommended to conduct thorough research and seek financial advice before making any investment decisions.
💲 Matic road to $1.3 Open
💲 Nearest strong support zone: around the 0.236 fibo level of the downward wave.
💲 Nearest strong resistance zone: around the 0.382 fibo level of the downward wave.
💲 Technical environment:
- Moving averages: 50/50
- MACD: Uptrend
- RSI: Uptrend
💲 Price action: Matic, after landing in a support zone, defended it after which it...
Recently, it has seen an influx of liquidity from the 0.8122 demand area, which has led to a breakout above resistance levels. This has created a bullish pennant pattern below the weekly resistance level, indicating a potential for further upward price movement in the near future.
The liquidity at the 0.8122 area has provided support for the price and helped to...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last analysis (attached on the chart), we have been waiting for MATIC to approach the blue support 0.7 to look for buy setups.
MATIC rejected the support, traded higher and now approaching the green resistance around 1.3
For the bulls to remain in control, and...
Looks the market found some stability after the latest FRS event.
On bearish market, I am trading altcoins super careful, and that's why I chose MATIC for this trade.
Have 2 month of accumulation period.
Price returned since FTX dump.
Minimal risk, cause stop loss until yellow zone, and this token now on the local bottom.
Double bottom pattern
How you enter/open/start a position really depend on what your goals are, the way the chart looks, your trading style and time perspective.
Are you a short-term or long-term trader?
Are you aiming to hit it big or just hit a quick move?
The current market condition is also highly important, as it is easy to buy at support, near the bottom but hard to choose to...
Polygon is Ethereum's first successful L2 solution. Aside from the main product, Polygon blockchain, the project also offers solutions based on the ZK and SNARK algorithms.
One of the main narratives for 2023 is blockchain and ZK-based solutions; we can assume that when zkSync, StarkNet, and other similar projects emerge, Polygon will grow alongside them,...
Wassup guys! Polygon broke up this triangle📐 and I think there is chance for run to 1.1340 and even higher, but we could see some correction first. I traded the initial breakout but one can set BUY LIMIT order to previous range high to catch🎣 the potential pullback. As always ... don't chase the market, let the market come to you.
ENTRY : local high @ 1.0185
I've been watching MATIC hold above the 200-day moving average since the 9th of Jan. And while this move has been very exciting, remember that the 200MM acts like a magnet pulling the asset to wherever it is.
MATIC will largely follow its upward moves following its uptrend. At this moment it is approaching the upper edge of the Keltner Channel and once there it...
In the HTF (higher timeframe) price is really bullish. So as we currently looking for a trade setup, we then see a short potential which is a counter trend trade. We could ride the short momentum for a pullback on the bigger picture which is bullish trend. Always manage your risk and put your stops above the previous high or high of the day for this one.
✅ MATIC has reached the resistance level.
The price is before the reversal.
The beginning of correction is possible. ✅
🚀 SELL scenario: short to 1,124. 🚀
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Hello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected, So you can manage your positions and profits until you reach the first target. Consider that the market is dispose to small correction. The targets will be 1.3 and 1.7 .
If you like the...