MATICBTC MATIC midterm trade breakoutHello, follow the trendlines to see if it will break up or down. I am bullish on MATIC.
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MATICBTC
MATIC Facing an Important Resistance..!!MATIC NETWORK
- Facing An Important Trendline Resistance in Daily timeframe.
- Major Indicators ( MACD , RSI ) Are Turning Bullish
- RSI & MACD Bullish Divergence As Well..
- If FAILED, (to Break the Resistance) then it's Forming Bearish Triangle in Daily Chart..
- In Bearish Scenario, We Could see Big Dump As Well..
Let's See Where it Goes??
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The information given is never financial advice. Always do your own research.
Matic/Tether (Sept 07) #MATIC $MATIC #USDT $USDT #MATICUSDTAt this time, MATIC has a strong resistance at 0.0145-0.015$ but I think it has a possibility to breakout and because it is forming a Rising Wedge pattern so we still can hope for target 0.02$
Buy : Close to 0.0135$ as possble
Sell : 0.0145$ - 0.016$ - 0.01735$
Mid-Hold : 0.02$
Stop : Under 0.013$
Buy back plan : 0.0095$ - 0.01$
Matic 1 more drop before a buyWith the up coming bakkt btc futures influencing hype I see a lot of individuals throwing their bets into BTC. Meanwhile, this will give matic another drop in price creating a simple ABCD down move on the 2hr time frame. Buyers will have more influence once we find support hit for influence once again.
Support gets higher and higher...
:)
Matic/Bitcoin (Sept 07) #MATIC $MATIC #BTC $BTCMATIC is forming a Rising Wedge pattern and it can dump anytime. It can move up to the range of 152-160sts.
But if it drops away from this rising wedge pattern before hit 152sts, we will see MATIC at 105-115sts. If it hit 152 and drop, we will see MATIC at 130sts
Buy : 130
Sell : 140-150-160
Mid-Hold : 225
Long-Hold : 300
Stop : Under 125
Buy-back plan : 105-115
$MATIC, Moving down toward support at ~120sats$MATIC
Moving down toward support at ~120sats on what looks like a Falling wedge
Interaction with support is key to understand if we are moving lower or buying pressure is present
Remember, Sept 30th is a mainnet launch for #MATIC (similar to current status of $INS)
#MATIC
$MATIC in interesting descending wedge$MATIC is currently ricocheting up and down in a descending/falling wedge. We had a false breakout to 170 sat-ish, but price fell back.
We need a real breakout above this line (blue), imo. Then I will be happily buy the sh.. out of this :)
Falling wedge is considered bullish and has good chances of positive breakout, so I'm rather positive.
Cheers & trade safe !
MATIC/BTC & ONE/BTC & CELR/BTC Positive CorrelationAs you see in the chart, here we have a good positive correlation between these 3 charts. These are #Binance IEOs and move together. We have Specified 'Top' and 'bottom' with green and red arrows that are at a same time in these charts.
MATIC - Few Situations Here... Wave Down Possible...This one is a hard one. Looks like a wave cycle up over the last few weeks and possible bearish pressure to come now. However be careful this could pop up as it is on the EMA's as support.
Matic Network time will be change soon (MATIC/BTC)Hello Everyone,
in this chart i'm sharing with you Matic network chart you can see after long term bearish trend will be end and soon trend will be change,
Because in this chart you can see Ascending triangle bearish reversal pattern in downtrend,
The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern,
There are instances when ascending triangles form as reversal patterns at the end of a downtrend, but they are typically continuation patterns.
Matic ATH 0.00000573 satoshi and 80 satoshi low 5th of august and current price 145 satoshi,
Correction 86% so if you have already this coin/token so hold it and if you're looking to buy mid term so see target there i was mention,
if you not understand so you can comment below this chart if you like this chart so appriciate me hit the LIKE BUTTON.
Our previous success analysis:
Legal disclaimer: I am not a financial advisor, You trade at your own risk and nobody can guarantee you results.
Global Rashid
The Guide To The Right Path
MATIC/BTC LONGSignal
MATIC/BTC
BUY
Open 142;
SL 137;
TP 171;
Risk/Reward: 1/5.8
Perhaps this is a breakdown of the global downtrend. The potential is good. Stop a little short.
Another possible SL is 125.
$MATIC, Similar set up to $ONE with a symmetrical triangle $MATIC
Similar set up to $ONE with a symmetrical triangle about to breakout...
Volume slowly building up (volume preceeds price)
UCTS Buy signal active on lower TFs (no signals yet at 6H or higher)
Crossed above EMA50/200 (golden cross a few days ago on the 4h)
#MATIC
MATIC Will Have A Great Run To End August!Before I start, VOLUME. Wow, that volume spike is nice! all of that volume alone makes me bullish but let's move on. MATIC has been consolidating in this wedge since August 5th. RSI is turning bullish again and MACD appears to be heading for a bullish cross. When MATIC runs, it runs very hard and very fast. Look for this coin to run for the rest of the month. I am targeting 211 sats with about a 10% stop loss if this trade breaks down.
*This is not financial advice. I am not responsible for any losses of money.*
