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MATICUSDT trade ideas

Matic Fractals : Range => Shakeout => PUMP !!!MATIC has been exhibiting a peculiar pattern on the daily timeframe. The price has been accumulating lows twice now, followed by a sharp shakeout of those lows (liquidity grab), which then triggers a pump. This article will focus on the idea that history repeats itself in the market and how we can capitalize on this by identifying these patterns. The accumulation and shakeout: MATIC formed clear patterns of accumulation. In both cases, the price consolidated within a range for a few days, creating a cluster of lows. This was followed by a sharp downward movement, shaking out weak hands and stop-loss orders, which is a common market manipulation tactic known as a "liquidity grab." The pump: After the shakeout, MATIC bulls stepped in and started buying, resulting in a strong bullish rally. In the first instance, the price rallied from $0.80 to $1.20, a 50% increase. In the second instance, the price rallied from $1.00 to $1.60, a 60% increase. History repeats itself: The saying "history repeats itself" is often used in the financial markets, and this is a perfect example. MATIC has shown us a clear pattern of accumulation, shakeout, and pump twice in the past. It is reasonable to expect that this pattern could repeat itself in the future. The opportunity: The current price of MATIC is sitting at a critical support level. If the price breaks down below this level, it could invalidate the bullish thesis. However, if the price holds and starts to accumulate lows again, we could see a similar bullish rally to the ones we have seen in the past. The trade: If you believe that history will repeat itself, you could enter a long trade on MATIC once the price confirms a breakout above the current resistance level. A stop-loss order could be placed below the support level to mitigate risk. Conclusion: The MATIC chart shows a bullish pattern. The price has been accumulating lows and shaking out weak hands. This has happened twice in the past, and both times it was followed by a strong bullish rally. If history repeats itself, we could see a similar rally in the near future. However, traders should always do their own research and manage their risk accordingly.
MLong
by Yaroslav_Krasko
3
Polygon (MATICUSD): Time To Blow Expectations!Polygon (MATICUSD): BINANCE:MATICUSDT For Matic, it is now assumed that we have developed the first Wave (a) around our 50% level at just under 90 cents. Now, we're working on developing Wave (b), which is currently at the 138% level and at the end of our resistance zone. This zone has been significant in several instances, holding up so far, and indications suggest it continues to hold. If we surpass this 138% level, it would imply that our limit order, or rather Wave ((ii)), has been reached, concluding this phase and entering Wave ((iii)). If this doesn't happen, we continue to expect a sell-off down to the 50% level, and at most to the 78.6% level.
MLong
by freeguy_by_wmc
MATIC/USDT assessing key support? 👀🚀Polygon analysis💎 Paradisers, pay close attention to #MATICUSDT. It’s currently displaying a promising sign of an upward trend, having recently broken above its descending trendline. This sets the stage for a potential bullish move 💎 Historically, #POLYGON has adhered to a descending channel pattern, consistently showing lower lows and lower highs. At present, it’s positioned at a crucial support level of $0.9296. If the price maintains its momentum here, we’re on the brink of a significant bullish surge. 💎 As prudent traders, we must be prepared for various outcomes. While a bullish rebound from a lower support level at $0.8335 remains a possibility, dipping below this level could trigger a marked bearish downturn. 💎 Keep your strategies versatile and your decisions well-informed, Ladies and Gentlemen of ParadiseClub. Your ParadiseTeam is diligently monitoring the market to navigate these opportunities effectively MyCryptoParadise iFeel the success🌴
MLong
by MyCryptoParadise_Simon
1
MATIC ANALYSIS🔮 #MATIC Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #MATIC and trying to retests the level. It's a 4 hr time frame breakout and we will see more higher price in short-term. A successful retest of support could propel a rally 📈📈 💸Current Price -- $0.9388 📈Target Price -- $1.2702 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #MATIC #Cryptocurrency #Breakout #DYOR
MLong
by ZEUS_Market_Alerts
Matic/Usdt Plan MATIC/USDT appears to be gearing up for a breakout on the 4-hour time frame. In the event of a successful breakout, we could potentially see a bullish rally of 30-40% in the short term. I anticipate this breakout to occur soon, but it is important to wait for confirmation before taking any trading actions. Please note that this is not financial advice, and it is always recommended to conduct your own research (DYOR) before making any investment decisions.
MLong
by Crypto-By-Ghazi
1
MATIC is getting ready for a significant move!Hi All, Polygon (MATIC) is a significant blockchain project focused on Scalability and Efficiency . It enables faster, low-fee transactions within blockchain networks. As a top cryptocurrency, MATIC has recently undergone a healthy correction and is poised for a crucial move. Keep in mind that this coin requires a Mid or Longer time frame for substantial profits. Currently, MATIC is forming a compelling triangle pattern after a substantial decline and correction. This compression suggests an imminent breakout, with a strong possibility of reaching a price target around $2. Note: A well-timed move could even push and propel it to $3 or higher! What do you think? has potential for 100% Profit you think? 🚀 Good luck! 🎯 Armin-Academy
MLong
by ArminAcademy
4
MATIC - will there be further increases?Altcoins with small capitalization (young/new) have already made huge increases in the bull market, and what about altcoins with larger capitalization? The boom doesn't apply to them? I present to you possible growth scenarios with potential key places for continued growth. The first scenario assumes increases after repeating the 1:1 black correction, i.e. wave 2 as wave 4. The condition is that the price will rise above 1.54usdt. The second scenario is a flat ABC correction, where the condition is that the price increases to the red zone without breaking the top of wave 1 and falls to the green zone as wave C, ending the correction, after which I assume increases. Regards.
MLong
by cryptodailyuk