Matic abc This is an abc analysis that detects a drop of over -50%. I am only sharing the analysis result with you. This could be wrong!!Shortby MoralDiscipleUpdated 228
BB + CCI + RSI + S/R strategy PortfolioOpen a Long Position when: The asset is oversold (RSI less than -100 and moving up). The RSI is below 30 and moving up. The asset is hitting support. Open a Short Position when: The asset is overbought (RSI greater than 100 and moving down). The RSI is above 70 and moving down. The asset is hitting resistance. by ymorin007113
✴️ Polygon (MATIC) Lower Low 30% Drop Before Bullish WaveNotice how yesterday's session is not that strong—Polygon (MATICUSDT). Notice how today we have red rather than green. This level of weakness implies that a new low is likely coming in the following weeks and that is something that we have been expecting and welcome because there will be better opportunities when prices are low. Imagine buying at the market bottom and enjoying GREEN/Up for the entire 2024/25 bull-market. As soon as you buy, prices grow. 👉 For this to be possible patience and experience is needed and of course, we have to wait for the correction bottom low. Q: How do we know that the market is moving lower? A: We do not know. What we know is what the chart is saying now... The market has been moving down since 13-March and this down-move seems to be reaching its end, according to what the chart has to say. 👉 Remember, if you are a beginner, you can just hold and buy more once support is reached. For beginners, the best course of action is "buy and hold." That is, buy and if somehow you made a mistake just wait and buy more each time prices drop. This is how I personally do it for long-term success and gains. This is not financial advice of course and you need to do your own research. The reason why you need to do your own research is because of the risk; money can be lost. If you lose money, that is your responsibility because you did the clicking, you made the decision. Here we all share information freely yet we are all adults. Keep in mind that the market can quickly reverse and move up rather than go down and I can be completely wrong, this happens all the time. We are reading the charts and using our knowledge and experience to make predictions. Sometimes we simply translate what is written on the chart. Sometimes we get it right, other times we get it wrong. All the professional traders in the world will easily tell you that the true winners are not those that have a 90% success rate but rather those that have a winning strategy and those that know how to take a loss. ... More? Leave a comment and I shall expand. Thanks a lot for your continued support. Namaste.Shortby AlanSantanaUpdated 1137
$MATIC looks good!#MATIC looks good, the support is stable and it looks good for the next bullrun, first scenario is that it can re-test the resistance line, but if it breaks it it will explodeLongby Leandro_P1110
Matic #LONG #VIRAL # IDEAMatic is on the brink of a major price surge, indicating a favorable opportunity to enter a long position and benefit from the anticipated upward movement.Longby Ener-traders115
MATIC BULLISH SCENARIOseeing the current price of Matic is really good for looking a price that we will buying for , soon it will sky rocket with 600+% price hikeLongby RayTrader123Updated 2227
MATIC polygon analysisThere was a fall alert from about $1.20 because btc said so. I assumed that, you didn't know that? Then I know you didn't follow my btc analysis. Matic tells us what the market situation of other coins will be in the near future. A 30% drop is not surprising, we exist in a pyramid scheme, this is normal. My real giga deal is point c, not the giga level in the analysis. If this level is reached, it is perfect. btc decides where point c lands!! I could be wrong, but it could be absolutely trueby MoralDiscipleUpdated 4469
Can we get a golden opportunity soon?So there are a few things that I noticed, and it could be a great opportunity to consider either SPOT or FUTURES trading. As you can see BINANCE:MATICUSDT was holding an uptrend channel it has been a good support since June 2022. Looks like it is breaking down which is a very bad sign to go down further, but there is a major support zone at 0.3-0.35 area. This support zone must hold it otherwise we might even see a 0.05 area. The closing candle around 0.485 will be 3rd BOS (break of structure), and confirmation to continuously go down. I will consider Long trade around 0.3-0.35 area.Shortby terayu113
MATICUSDT UPDATE #MATICUSDT Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about MATICUSDT Moving Exactly AS we Expected Price dropping continuouslyLongby Alex_Crypto_hub111
Matic Symmetrical TriangleLong Matic Symmetrical Triangle setup that is years in the making. Stops Under 0.5 Longby BTCMarket10
MATICUSDT %500 Hello everyone, my expectation from the POLYGON chart, which I have been following for a long time, is a "500%" net increase. The investment decision is yours. My investment plan is to make 2 leveraged purchases in the $0.44-0.45 range. My target is around $2.80, which is the peak price of the chart in the medium term. My stop is at $0.35. Good luck everybody. ThanksLongby mstfa_klic3
#MATIC: Strategic Entry on Polygon – Technical Breakthrough! I decided to enter this trade on the #MATIC/USDT pair due to several compelling technical indicators that suggest a potential bullish reversal. Here’s why this trade makes sense: 1. Breakout of the Descending Trendline: Polygon has been in a downward trend, confined by a descending trendline. Recently, the price broke above this trendline, signaling a potential reversal and the beginning of a bullish phase. 2. Strong Support Level: The price has bounced off a strong support level around $0.50 multiple times. This level has historically held, indicating a high probability of upward movement from this point. 3. Volume Confirmation: The breakout above the descending trendline is accompanied by an increase in trading volume. This adds credibility to the breakout and suggests that the new bullish trend could continue. 4. Bullish RSI Divergence: The Relative Strength Index (RSI) shows a bullish divergence, with the price making lower lows while the RSI makes higher lows. This indicates a potential reversal and strengthens the bullish case. 5. Risk-Reward Ratio: Our entry point at $0.5919 is well-calculated, with a stop-loss set at $0.4875 to manage downside risk. The target price is set at $1.2855, offering an attractive risk-reward ratio for this trade. In conclusion, the combination of breaking the descending trendline, strong support, volume confirmation, and bullish RSI divergence presents a promising opportunity in MATIC. With a clear risk management strategy, this trade aligns well with our overall trading plan. Let’s see how this unfolds! _____ ⚠️All trade ideas are published with a time delay. If you want to follow the trade in real time, please follow the link to our open copy trading account on Binance. 👉Our account with open trading, and all our other resources at this link: https://linktr. ee/In_Trade_MLNLongby S_CAPITAL4
15min MamticLooks Bearish for a nice short scalp to the downside. expect all vector zone to clear on the way to the golden pocket fib. Lots of confluence hereShortby danny25mUpdated 2
MATIC is illI've waited for ages for this matic setup to squeeze, but for some reason its doing the opposite of what i expected. As you can see it had an initial fake out for the bulls, is it going to double fake out and still go bull? This is looking bad so far for MATIC. I'm looking for an entry on a small move up. It's looking like BTC is about to crap its pants and take down the alts. One thing is for sure, i aint touching matic longs.Shortby Gojira-san2
#LQR #TOBTC #MATICin chart , Those fibonacci level are play as great support for matic which is enough for plan in spot add this to you'r watchlist by tobtctrading2
MATIC IS AT CRUCIAL SUPPORTMatic is trading at a crucial support level and needs some buyers to come in or we can move much lower. Great area to DCA and hold if you believe in this company long term. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only .by Navitility2
MATIC/USDT Daily Technical AnalysisBINANCE:MATICUSDT The chart is a daily chart of MATIC/USDT (Polygon/Tether) . Here are some key observations and technical analysis based on the chart: 1. **Current Price**: The current price of MATIC is around 0.5851 USDT. 2. **Demand Zone**: There is a highlighted demand zone below the current price level, indicating potential support where buyers might step in. 3. **Supply Zones**: - Around 0.9789 USDT: This is a significant supply zone where sellers might exert pressure, potentially causing the price to reverse or face resistance. - Around 1.2900 USDT: Another supply zone where significant selling pressure can be expected. 4. **Volume Profile**: - The volume profile on the right side of the chart indicates areas with high trading volume which act as support or resistance. Notable volume nodes are visible around 0.6200 USDT and 0.6798 USDT. 5. **Fibonacci Levels**: - There's a Fibonacci retracement level around 41.52% and 58.48%, possibly aligning with the supply zones. 6. **Price Action**: - The price has been in a downtrend since early April. - There are marked POIs (Points of Interest) at 18, 21, 22, and 23 levels on the chart, which might represent significant areas of support/resistance based on historical trading activity. ### Technical Indicators and Strategies: - **Support and Resistance**: Watch for price action around the demand zone and the supply zones. The demand zone below the current price could act as a strong support level. - **Volume Profile**: Areas with high volume can provide additional confirmation for support and resistance levels. - **Fibonacci Retracement**: Use the Fibonacci retracement levels to identify potential reversal points. ### Potential Trading Strategy: - **Long Position**: If the price shows strong support around the demand zone and begins to rise, it could be an opportunity for a long position, targeting the nearest supply zone (around 0.9789 USDT) for profit. - **Short Position**: If the price fails to hold the demand zone and breaks below, consider a short position, targeting lower levels such as 0.4900 USDT or further based on the downtrend continuation. ### Summary: - **Current Support**: Around the demand zone below the current price of 0.5851 USDT. - **Current Resistance**: Around the supply zones at 0.9789 USDT and 1.2900 USDT. - **Volume Profile**: Key levels to watch are 0.6200 USDT and 0.6798 USDT. - **Trend**: The overall trend appears bearish, with a potential reversal if strong support is found at the demand zone.Longby Motivation_Voice2
MATIC - Ranges overview (update) Here is a quick look at the current pa on MATIC. As we noted last time, IF we fail to break and hold above 0.75$ expect us to trade back towards the sellside liquidity resting around 0.5835$ We got the bearish move so let's see where the market wants to go from here. IF we fail to reclaim the highs expect further pa to the downside. IF we reclaim and hold expect us to head towards 1.1710$ Be PATIENT and let the MARKET COME TO YOU Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick27071
MATICUSDT IDEA#MATICUSDT Hey dear traders hope you are enjoying trading and analysis with our team. we are here to discuss about MATICUSDT MATIC is making Ascending channel in 8h time frame Breakout done & price Dropping continuously ✍Shortby Alex_Crypto_hub114
MATIC Nears Crucial Support Level: Key Insights and Triggers🔍MATIC (Polygon) is approaching a critical support level. Here's an in-depth analysis to guide your trading decisions. 📆Coin of the Day: MATIC (Polygon) About the Project MATIC is a layer-2 scaling solution for Ethereum, known for its low transaction fees and extensive use in the DeFi space. 🧩Technical Analysis 4-Hour Timeframe This analysis focuses on futures trading, highlighting multiple scenarios. 📉Support and Resistance: The price has reached the bottom of its consolidation range, with key support at $0.6449. A confirmed break below this level could signal further downside. The immediate resistance levels are at $0.6676 and $0.7491. 📈Bullish Scenario: If MATIC can hold above the $0.6449 support level and Bitcoin stabilizes, a potential bounce could occur. Key resistance levels to watch are $0.6676 and $0.7491. A break above these levels would indicate renewed bullish momentum. 📉Bearish Scenario: Bitcoin has recently been rejected from a significant supply zone, contributing to MATIC's decline. A break below $0.6449, confirmed by a retest, could lead to further downside, with the next support level at $0.5057. 📊Volume and RSI: Volume has been decreasing overall, except for a significant sell-off candle recently. The RSI has broken down, indicating bearish momentum. Key RSI levels to watch are 24.46 and 23.29 for potential oversold conditions. 💡Key Triggers: Monitor the price action around the $0.6449 support level. A break and retest of this level could provide a clear signal for further downside. Conversely, a hold above this level, coupled with stabilization in Bitcoin, could trigger a potential bounce. 👨💻Trading Positions Long Position Entry Trigger: Hold above $0.6449 with confirmation from RSI and volume. Strategy: Open a position on the hold of this level, targeting $0.6676 and $0.7491. Use tight stop-loss orders to manage risk. Short Position Entry Trigger: Break and retest below $0.6449. Strategy: Open a position if the price confirms a break below this level, targeting $0.5057. Adjust stop-loss orders accordingly. 📝MATIC is testing a crucial support level, with significant implications for future price movements. Traders should monitor key levels and triggers for potential entries and exits. Volume and RSI indicate bearish momentum, while support at $0.6449 is pivotal. 🧠💼Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.by itsparham96558
#MATIC/USDT#MATIC The price is moving within a descending channel pattern on a 4-hour frame, which is a retracement pattern We have a bounce from a green support area at 0.6000 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it Entry price is 0.6270 The first target is 0.6582 The second goal is 0.7218 The third goal is 0.7742Longby CryptoAnalystSignal1