MATICBTC
Trader be warned; do not enter unless you know your exits/stopsBINANCE:MATICBTC is clearly giving that look again; one that looks as if the bots/HFTs are accumulating even more than before. Quite frankly, its the time now and Sandeep (MATIC CEO ) has left some whales beached; sand-deep in holding bags that could not support the liquidity. Due to numerous and massive nulls/voids left in the last "pump & dump." This group is reckless, just by the way they ran up the prints. Crypto for you, millionaires that have yet to figure it out; or have a clue. I do not recommend this trade to anyone unless you are a professional trader. Retail traders are to be warned; if you do not understand what selling into liquidity means. Do not, and I repeat; do not enter this trade. Greed will overcome many with these types of "hype" coins. The fundamentals have existed for at least 2 full years and the promise to "revolutionize" the competition. Would be your effort in saving a beached crypto-baby whale; Sand-deep taking your capital in funding their wallet with the liquidity they need to fill.
Matic NetworkIn order to invest in low-volume coins, you need to look at the bid and bid details.
-MATICBTC-
Suddenly a huge drop touches the mid-term uptrend line and remains in place.
Check if you can climb between the box interval 0.00000212 ~ 0.00000254.
-MATICUSDT-
Long-term uptrend line is supported.
Suddenly a huge fall and broke all important points fell.
The spot below 0.01316 is a medium-term investment area and should not fall.
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Everyone wants to make a lot of money while trading.
It is important to select when to fall out and when to enter.
MATICBTC at resistance We might be running for w4 of small waveC
if it drops below .192 sat no bueno
...goes above .201 sat is good for short time traders.
and alsow3 is stopped at 1.168 fib so guess where W5 of C would be
RSI needs to cool gain some momentum
... you know what I would like to see .....Bart pattern..oooh boy that would be such a r.coster
MATIC Network (Dec 14)#MATIC/BTC (Binance)
Entry Zone: 190 - 195
Take Profits: 210 - 230 - 250 - 275 - 300 - 325 - 350
Stop Loss: 179
#Matic is not #Bitcoin#Matic is not #Bitcoin (& this applies for any altcoin)
On altcoins you want to follow trends,not to buy cheap
Most of this assets are worth 0 but temporarily hyped
Buying here can be as bad as buying ATH a few days ago
Until it restores its trend up,stay away & play safer bets
Matic Has Potential Power To Increase. Dont PanicHi everyone,
Matic broke the falling wedge resistance.
MATICBTCUsually, Bart pattern makes it up( this case)but ABCDE shows that it might go one more down
also Daily RSI is about to decide
MATICBTCThere is a possibility that is a bat pattern in the MATIC-BTC. That is just my opinion and there are 2 targets in the graph that is shown. Do not forget to use stop-loss.
MATICBTC | D | GANN WHEEL & SQR SETUPMatic pump and dump is done, major structural damages happened. This is maybe it for matic.. and to remain bearish for a while.. good luck.
Second ring retracement.. this is not looking good:
Cheers,
Keops
MATIC/BTC 4H Analysis - Craziest Move I've Ever SeenHey traders, today we're looking at the coin MATIC due to popular demand. MATIC is one of the most traded coins on Binance, if not the most traded one.
Within the span of 12 hours, MATIC lost over 60% of it's value. I saw this move coming a mile away.. MATIC tried regaining it's uptrend and failed, so the coin followed normal market cycles and retested the previous support at 216 sats.
Now don't FOMO into Matic, please trade this coin with caution. Entry should be along the 216 support level and target should be at the previous high at 563 sats for a 156% gain.
Feel free to join my telegram public groupchat to discuss more of these altcoins in greater detail.
As always please do your own research, I am not a financial advisor.
MATICBTC Why surprised? This should have been expected.MATIC left a whole lot of people wondering why it was massively sold two days ago. Well the answer is simple, it was rejected on the 1W Resistance. It was a move perfectly calculated on the trade idea seen below:
The rise prior to the rejection was easily seen on an early stage:
So what happens next for MATICBTC? Tough question given the panic on the market but based on the 1D RSI, we've just hit a support zone. If the price follows a 0.382 Fibonacci retrace and is rejected we may repeat a 2nd selling wave towards the 1W Support, which should be the next long term Buy Entry.
After 50% hike in Two weeks, Matic dropped 70% in MinutesThe digital token Matic dropped an amazing 70% in just a single hour on December 10, making this probably the severest drop in crypto history. The token crumbled from $0.042 to $0.012 in a flash leaving traders totally bewildered. The dumped sum is generally $60 million as far as the market top.
This monstrous drop was to some degree sudden in light of the fact that Matic had been performing very well preceding the drop. It was up 180% over a range of about fourteen days before the drop. The emotional drop left the online life stage, Twitter in a craze with individuals scrutinizing the administration or thinking about whether it was an inside activity.
Source: TheCoinRepublic
Matic NetworkA ridiculous movement came out.
We think that it was skyrocketed and plunged by certain specific people in coin which money turnout did not do well.
In order to trade reliably in the high-risk investment market, I would like to invest in high-volume coins.
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My chart has a lot of horizontal lines.
I think most of them will be useful directly or indirectly for trading.
So, my chart explanations talk a lot about flow.
Charts can be shared.
Matic Bitcoin Pairjust ignore whatever whoever tells you about the potential of this project and it's gonna be 1000x in few years, it's all horse shit. Everything corrects and the sharper the rise, the sharper the correction.
Matic Network AnalysisHi guys!
First, what is the Matic Network?
Currently 86th in total market capitalization, the coin has been showing high volume on Binance in the last 24h.
The project aims at a scalable network and low-cost transactions.
I am analysing the BINANCE:MATICBTC chart so that we can predict this kind of scenario on future coins.
In short, we had a huge rally, then a period of doubt, and finally the breakout..
Right know, I think the coin is available at a discount (200% drop anyhow). The drop was due to rumors and whales from what I read.
What do you think about the coin?
