[ALTCOIN]ASCENDING TRIANGLENice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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ASCENDING TRIANGLE
Maticusd
POLYGONMATIC/USDT i see in this coin will perfrome with Tripple Bottom i will see 0.743 - 0.750 if dont break this zone i will take SHORT position
MATIC longMATIC long. Price target lines up nicely when pulling a fib retracement and also historical price action hence why it is inside a bit tighter and the risk/reward isn't so good.
$MATIC 3D Support Break + LLMajor support break on the $MATIC 3D around .75, with the new LL made around right around .5 Clear support break, and the retest and failed thus, like many others.
Levels are as follows, invalidated with a hold/close over .75
Matic price runningI think BTC will break down from 30k to 20k which makes Matic running chart like on my idea
MaticUSD came into the liquidity zone. Next move ?Today, we analyze the global graph of the Maticusdt trade pair
Of course, virtually all of the alts is very painful to respond to the fall of the price of BTCUSDT
However, on the other hand, the price of alts reaches strong liquidity zones, from which were organized good buyback up at the trade history.
So the Maticusd price reached the liquid zone $0.67-0.80 which previously held back the notorious and sharp rainfall in May-June 2022
In the graph, we used a combination of vertical and dynamic fibolevels. Maybe the schedule will be strongly cluttered, but if you look at, can get a lot of beneficial trade information.
All crypto market is now at critical levels where volitional trade decisions will be made. Hence, in close future either organize a worthy rebound up or another wave of a strong fall, which results in traders and investors will be "lick the wounds" for months, if not years ...
Summarizing:
Looking at the schedule, a set of medium-term long position in the liquidity zone $0.67-0.81 with an indicative purpose of sale x2 in the area of $1.45 looks logical.
Fixing the Matic Price below $0.65 will open the way to work out the red scenario.
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MATIC - Buyer is still here As it is very volatile market today, be careful with volume.
MATIC is especially interesting coin today since there is a good level for scalp. We can see that there is a buyer protecting it, so it will be a good idea to short it after 1-2 touches.
⭐️ BTC bearish
⭐️ Trend is bearish
⭐️ Today FED releases inflation predictions
⭐️ Strong level
⭐️ Formation is close to an end
⭐️ Under VWAP
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
matic aint ready neitherIn order to complete same corrective pattern one more time, matic has to go lower
Hold my beer pls
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No financial advice, do your own research, don't be stupid
MATICNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
TS ❕ MATICUSD: bounced offMATIC broke through the level again and continued its downward movement. I expect a further fall down.
SELL scenario: short to 1.93.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
MATICUSD Long Period of Low VolatilityAn observation of the MATICUSD log chart which shows a prior long period of low volatility which led to extreme growth
Currently, price is going through a similar 'low volatility' phase, which will also ultimately lead to large gains
Similar price action documented in green
Polygon (MATIC) - May 6hello?
Traders, welcome.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(MATICUSDT 1W Chart)
We need to see if we can rise above 1.081.
It seems to have turned into a full-fledged downtrend as it fell below 1.225.
Therefore, it needs to rise above 1.225 to break out of the downtrend.
However, as it is likely to find support in the 0.616-0.819 section and lead to a strong rebound, we need to think about countermeasures.
Below 0.616, there is a possibility of entering the mid- to long-term investment area.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Matic - long scenario📈⭐️ Dropped 40% in April
⭐️ Mirror level is visible on daily timeframe
⭐️ Volume is at bottom
⭐️ 5-th touch
Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
MATICNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Simple chart for Polygon - Support zone for MATICSimple chart for Polygon - Support zone for MATIC
After we lost the important support at $1.36 no price has to bounce between $1.00 - 1.15.
Otherwise we are back in Pennystock area since the volume support below is very low.
What are your thoughts on this Crypto?
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
TS ❕ MATICUSD: retest of the levelMATIC has passed the lower limit of the accumulation zone. Now there is a retest of the level, after which I expect the fall to continue.
SELL scenario: short to the support level. A breakdown is possible.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
MATIC, 1h level, buy or go longMATIC, has broken through the 1h level pressure level, and can try the 4h level pressure level.
Good entry price: around 1.34
Stop loss price: below 1.3
Target: 1.46
good luck!
MATICUSD A benchmark for the next bullish break-outI haven't posted a public idea on the Matic Network (MATICUSD) in a long time. Even though we might be 1 or 2 months away from a new parabolic rally, this analysis may serve as a benchmark to spot when you may enter buys in the market with a confirmed break-out.
As you see the price action since the May 2021 High resembles the sequence from December 2019 to December 2020. In the later stages of that sequence, the price entered a narrow consolidation pattern which broke upwards when the 0.236 Fibonacci retracement level broke. The 1D Golden Cross (1D MA50 crossing above the 1D MA200) simply confirmed the break-out that initiated a massive parabolic rally.
Right now the 0.236 Fib is at 2.452.
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TS ❕ MATICUSD: eached a supportMATIC has reached a support level that has already slowed down the price drop. I expect an upward rebound.
BUY scenario: long to 1.443.
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
MATIC/USD - Can it PUMP? Chart is bullish.MACD crossed to the positive side and the chart plus price action is bullish.
The start of the rally is if it breaks $1.5 resistance.
Also keep an eye on BTC as that can nuke and pull everything down if it loses $40k again.
Like and follow if you liked this idea.
MATICUSD ❕ an upward channel is formedContinuing to move in the downward channel, the Matic formed an upward channel. During this, the price broke up through the 100MA on the 4H Timeframe and trading volumes increased while the price traded above the liquidity level. I expect a second decline to the support level, fixing above it and then reaching the resistance level.
MATIC Is gonna Reach 1.72 & 1.97$MATIC is in a Falling Wedge which means the Price is going to become Bullish soon. When The Break out happens, The Price is gonna reach 1.72$ First and The next Resistance will be at 1.97$.Right now the Price sits above The 0.23 line of Fibonacci Retracement which can be called a Support level as well.
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Thank you for seeing idea .
Have a nice day and Good luck