MATIC/BTC DailyLook at the manner how healthy this thing is going up. It keeps retesting the ribbon and is up for a very big bullrun.
As you can see its very close to a breakout it went down to retest the support of the triangle and is now up for the last line of resistance.
MATICBTC
Quick look at MATIC / BTCHere's a quick look at MATIC / BTC 4 hr chart. As we can see, the price has been consolidating for some time now, and we might see a bigger move to new ATH - keep an eye on this!
The idea is: Buy the breakout from the level shown in the chart and Take profits at the levels shown in the chart.
Targets:
1. 700 sats
2. 736 sats
3. 767 sats
4. 825 sats
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
MATIC BTC LongMATIC BTC Long based on the bull flag and Fibonacci extension. This coincides with MATIC USDT. Low-risk trade, high gains.
Matic LongThere is a chance Matic wont move for another 50 years at this current rate but looking to enter long on a dip below the equal lows. Then, and only then, shall we go to the Moon.
$MATIC is about to go for new highsI think MATIC is done with the correction and retest of ATH on MATICBTC and will climb for new highs on the MATICUSDT pair.
Close above this trendline confirms moce to $0.704A close above this trendline for Matic confirms a move to $0.704.
MATICBought some Matic here looking good against BTC TP .73c. May take some time may happen super fast so be ready.
MATIC/BTC - Looking Good for 20%+ Profit - Bullish StructureHello Traders,
We have a bullish structure on multiple time frames for MATICBTC.
Inverse Head & Shoulders on an uptrend. Ascending triangle.
Confirmation once we see a break to the upside, should be today or tomorrow.
FYI, always be a little careful as we move into the weekend but we should see enough support to hold our current position.
Take profits when profits are earned, don’t get stuck holding a coin that has already drastically gone up. I do think we will see a strong bounce to recent ATH’s. Which is where I will be unloading my bag of MATIC.
Good luck!
💡MATIC: BUY Trade🚀🚀🚀🚀🚀🚀 #ALTSEASON2021Matic has given breakout frm falling channel, it will retest again at entry point.
Place buy order at entry price on correction it will hit the limit order.
📈#MATICUSDT
➡️Entry: 0.35800$
🎯Target 1: 0.43200$
🎯Target 2: 0.50100$
🎯Target 3: OPEN
MATIC needs to clear 1 more resistant level then moon timeSimilar to SKL - MATIC is setting up to break another resistant before we rocket up.
Compared to SKL, MATIC is about 24h behind.
Buckle up and enjoy the ride.
MATICUSDT Falling Wedge & Buillish DivergenceMatic has been trading in a downsloping consolidation for the past 2 weeks, ever since the coinbase hype pump. It has formed a falling wedge pattern and is now showing bullish divergence on 4H MACD and RSI. The volume on this sell-off since the pump has been quite weak, which indicates that a continuation of the bullish trend is likely if BTC remains strong. Also, the MATICBTC pair bounced off of a critical support line dating back to 2020.
Keep an eye out on this one!
Matic at end of 1 week consolidation or ?TOP could form at end of Q1
50% FIB clearly at 0.4 usd
Clear above all EMA's
Always 1 week consolidation
before another leg up
End target of 1 usd can be made
in approx 10 days
If not, Elliot wave count is wrong
and we are going to consolidate
for a longer period of time
within the purple rectangular
Matic poised for another test of ATH, Potential 68% to new ATHNice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd
*Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas.
Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins.
What is Polygon?
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains.
Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Key Notes:
The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon.
Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
MATIC/USDT bullish setupAs you can see on my chart we have seen a breakout of the falling wedge trendline lately and sucessfully retested it. Now i took entry in a long position hoping to break this short term resistance which is very near. This should lead the price to higher levels!
Good luck
Matic & One ready for take off or consolidation?Both Polygon, Matic and Harmony have a different set-up, but have similar targets.. in case of Matic 0.5 usd and 1 usd certainly.
Harmony 0.05 and 0.01 usd.
I am still impressed of Matic's strength during Bitcoin's correction, though we have been hovering between 0.22 and 0.25 during bitcoin's correctional path.
All altcoins have hit the 0.618 retrace and have been flirting with the 21 EMA. It might take a while as we could retest the 50 EMA and go sideways for a while.
Only Matic has been strongly hovering above the 21 EMA for some time.. but could have a revisit before a run-up.
Though, I see in most alts as Harmony a descending broadening wedge which I have explained in my previous post.
And if I'm not wrong I can see a repeating fractal again (in the 2 pink frames), in Matic, mostly preceding a bullrun.
This results mostly in a very violet upwards wave. Of-course we don't have enough date to confirm this.
Volume is decreasing, but volatility is still present within a calculated retracement, which is good.
All depends of timing and adoption, but the graph tells the news, and not vice versa.
Matic rapid transforming before Coinbase listing !I just finished my drawing and Matic confirmed the inverted H&S on the 15 mins. time frame...
We have been launched in a new tradingzone from which we have found supporton the 0.28 usd level and are hovering around the 0.3 usd.
Atm of speaking, the short term target is almost reached of 0.32 usd. and a next target of 0.4 usd is imminent.
You know what will follow next..
Above Matic is just listed on Coinbase vs USD/EUR/GBP/BTC.. so everyone is targeted !
MATIC - OVERBOUGHT As you can see in the charts Matic is well overbought and is ready for a pullback after a very impressive run. Alongside bitcoin forming a head and shoulder pattern on the 4-hour chart, the overall market direction is pointing downward!
I believe we will see downward movement for the remainder of the month before we head back up nearing the later half of the month - could be a great opportunity to load up on some cheaper coins!
As always let me know your thoughts
''Buy Big Sell BIGGER'' - MegaWhale
