💲MATIC Time for Growth
💲Matic has been looking very pro growth in recent weeks.
💲You can see that the fundamentals are working and pushing this cryptocurrency upwards
💲Over the 21 November low we have been making a sequence of increasingly higher lows which is very indicative of a developing uptrend
💲We can see that we are above the 50 and 200 moving...
Due to his volatility, MATIC is one of my favorite coins.Price is still fluctuating within the 4-hour supply range at this time.MACD isn't clear, RSI is purchased and EMAs are bullish .If the price breaks out of this supply zone, I would expect it to reach the next three hours' supply, which is around $0.96, where we would wait for confirmation before anticipating a fall.
MATIC broke what retail consider resistance, which is something that aswell happened as a false BOS on BNB, ALTPERP (now gone from TV), LTC, DOGE...
BTC needs to break-out and not be a false BOS (HTF) if you want alt-coins to break-out into a new trading range.
If not, it'll end with this outcome 90% of the time. Eyeing this $0.835ish area as an Optimal entry in...
MATICUSD on a Weekly timeframe
Price has moved up within the Gaussian Channel
Price will likely led to a breakout to the upside as this containment within channel continues and is seen as support
This can be seen as a bullflag on the Monthly, which I have linked below
Price is currently still ranging inside the 4h supply zone. MACD is not clear, RSI is bought and EMAs are bullish. If price breaks through this supply zone then i would expect it to reach the next 3h supply around $1.02 where we would be looking for confirmation before expecting it to move down.
There is a very big inverse head and shoulders pattern in Matic and other cryptos. The recent dump can be seen as a re-test of the pattern, which as you can see from matic, was successful. Technical target of the pattern coincides with R3 fibonacci resistance on the weekly, so I would be taking some profits there.
Here is a great chance for a breakout trade, as...
In today's session, we are watching the cryptocurrency Matic for a short-term buying opportunity after closing the downside wave for a small correction. Our first target is the top, and the second target is 1.27 FB Level.
30 cents to 1,27$ was the previous set and Matic seems ready for a new rise to the same level 1,27$
Only this time it will be the third and third attempts have greater chances of succeeding.
Still early since the first target is 1.09$ but things in crypto move fast.
Some projects will go to Zero, others will rise. Matic Polygon is in the second...
MATIC gave us a complex wave 4 and now we're at the extremes of wave 4. We have an invalidation level in place and we're almost at that level.
Taking a short entry anywhere near the blue structure will give us a great risk to reward. There's only limited space for it to move up but there's 75% raw gain to be made on the short. We're expecting wave 5 to go below...
Based on technical factors there is a Buy position in :
🔵 Buy Now 0.924
🧯 Stop loss 0.825
🏹 Target 1 1.067
🏹 Target 2 1.275
🏹 Target 3 1.530
💸RISK : 1%
We hope it is profitable for you ❤️
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