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Maticusd

MATIC/USDT 1DAY UPDATE BY @CRYPTOSANDERSHello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Polygon (MATIC) was another notable token to fall today, with prices also moving lower for a third straight day. Following a high of $0.891 on Thursday, MATIC/USD dropped to a bottom of $0.8483 earlier in the day. As a result of this drop, the polygon moved to its lowest point since November 30, when prices hit a bottom of $0.837 MATIC has since rebounded from earlier lows and is currently trading at $0.8569, which is still nearly 4% lower than Thursday’s floor. This slight rebound comes as the RSI rejected a breakout of a point of support at the 43.00 level, and the index is currently at the 44.26 mark. Historically, bulls have used this floor as a point of reentry, and should this reoccur, then we could see MATIC move back toward the $0.90 level. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
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by CryptoSanders9563
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Can MATIC be supported on the HA-High line...Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICBTC 1W chart) If the price holds above 0.0000 5049, it is likely to explode the upside force. --------------------------------------- (MATICUSDT 1W chart) On the MATICBTC chart the price is in the high range, but on the MATICUSDT chart this is not the case. This phenomenon is caused by the price fluctuation of USDT following the fluctuation of BTC price. Therefore, the charts we usually see and trade are the MATICUSDT or MATICKRW charts. However, I think the MATICBTC chart serves the same purpose as a dominance chart or an index chart, showing the strength of MATIC when the BTC price starts to show an upward trend. Therefore, even if the price on the MATICUSDT or MATICKRW chart declines, if the MATICBTC chart maintains the price, eventually MATIC will show an increase in price. In this sense, looking at the MATICUSDT chart, it can be interpreted that if the price is maintained in the 0.6164-0.8191 range or higher, it is likely to show an uptrend. So, if it goes up, I expect it to touch around 1.2246. (1D chart) The question is whether the price can hold above 0.8647 and rise above 0.9486 -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** HA SRRC indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
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by readCrypto
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MATIC is in danger, it will DUMP hard!Hello, everyone! Let’s continue to analyze the most dangerous altcoins which showed the greed during the bounce on the Bitcoin. Today it’s MATIC time. It now has the most dump potential. I suppose that the market maker created the fake growth on this altcoin to show other traders the illusion of the asset’s power. Of course it’s fake and MATIC is going to break or at least test it’s bottom at $0.33 and I will show you why. Let’s go! Let’s take a look at the 1D time frame of the MATICUSDT of the WhiteBit exchange. The bottom at $0.33 was the end of the wave 3 as on the entire crypto market. The corrective wave 4 retraced this wave with the zigzag correction. Zigzag correction usually consists of wave A (5 waves), wave B (3 waves) and wave C(5 waves). You can see on the chart how perfectly the market structure for MATIC corresponds to this theory. One question you can have is why the wave 5 did not break the wave 3 top in the wave C. I can explain it because wave 5 could be trimmed. It’s OK for the altcoins. Now the price is drawing the wave 5 and I suppose the the sub wave 3 of this wave is in progress. The minimal target for the wave 3 is the $0.61 – 1 Fibonacci extension level, but I think MATIC will hit $0.3 again because the 1.61 Fibonacci placed right here. Best regards, Ivan _______________________________________________________________________ Guys, if you like my analytics, please support me with your boosts and comments!
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by Skyrexio
20