πŸ“‰ Wise Analyze πŸ“ˆ
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πŸ“‰ Wise Analyze πŸ“ˆ
MATIC falling wedge. Bullish pattern, but as it often happens can dip first before up breakout. As market looks now this is the main scenario. @WiseAnalyze #Matic #ta
MATIC dipped as expected βœ…

Not much volume + main volatility time is still ahead, so expecting to touch 0.69 at least - has to show some volume before the bounce can start.

@WiseAnalyze #Matic #ta
πŸ“‰ Wise Analyze πŸ“ˆ
MATIC falling wedge. Bullish pattern, but as it often happens can dip first before up breakout. As market looks now this is the main scenario. @WiseAnalyze #Matic #ta
MATIC bounced. That small dip into target zone appeared to be enough.

Main zone of interest for bulls is re-test of 0.71
Before that possible stops hunt above 0.73

@WiseAnalyze #Matic #ta
MATIC fighting for acceptance above 2022 close πŸ‘€

@WiseAnalyze #MATIC #ta
Forwarded from Wise Analyze Premium
MATIC breaking above 0.85 which was R2 - if that impulse won't be rejected next will be hunt for stops above 0.868 and day gap at 0.88

@WiseAnalyze #Matic #update
Forwarded from Wise Analyze Premium
Update for recent Premium trades:

#SOL hodl up by 101% - reward 8:1
#SHIB spot hodl up by 34.7% - reward 2.5:1
#SHIB scalp up by 8.8% - reward 3:1
#LINK up by 9.8% - reward 2:1
#XAU (Gold) up by 1.9% - reward 2:1
#SEI hodl partials taken at 0.365-0.388 range (57-68%). Max was at 0.417 (79%) - reward 15:1 πŸ”₯
#SEI short - reward 2:1 (closed at BE)
#ARB up by 39% - reward 2.5:1
#LDO up by 34% - reward 2:1
#MATIC up by 18% - reward 2:1
#XMR short closed at BE after reaching R2

I'll keep on looking for new trades, but in general I think that end of the year should be the time for taking profits. Sure we expect next year to be bullish, but that doesn't deny the possibility of shake outs in the beginning. So make yourself a favor and fix some profits for Christmas and NY presents πŸ˜‰πŸ€
πŸ’¬ Chat chart request πŸ’¬

All eyes on higher timeframe chart for Matic. After it broke above last 12H swing high it moves towards the upper trendline of this big bull pennant. So in case of breakout should fly for re-test of 1.06-1.11 zone short term, and long term TPs should be around 1.47 / 1.71 / 1.96 (very approximate levels).

Unless proved wrong will hold last long till long term targets.

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@WiseAnalyze #MATIC #ta
Forwarded from Wise Analyze Premium
MATIC up by 41% πŸš€

Haven't take any partials yet, but might do, if I see BTC getting rejected from 43.2k on current bounce. Also keep in mind now is breakout of a bull flag with nearest TP 1.1-1.15 (as I wrote in the last update).

Proper target for week TF bull flag second leg up is around 1.35-1.47 (but all depends on BTC for sure).

@WiseAnalyze #Matic #update
πŸ’¬ Chat chart request πŸ’¬

Same as with BTC it feels like bottom is in at lower timeframes, but at higher you see that there is enough momentum to stretch further, even if just for a wick. Matic dropped below 0.72 and has support zone below. Most probably will visit it at some point. Same level at 0.72 will be attracting price for re-test. So its the target for future swing bounce (unless today close above 0.72 which gives a hope for failed swing).

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@WiseAnalyze #MATIC #ta
Matic should grow for 2-4%, if breakout from here. That is for those who asked about short term scalps this weekend.

For longer term entries good to catch dips to ~0.74

@WiseAnalyze #Matic #ta
Many call for MATIC short here. Lets check this chart from different angles.

Matic/BTC - bounce from OB at Week timeframe. So far within stable downtrend that last for 1.5 year. Possible re-test of 1000-1100 zone above.

Matic/USDT - day timeframe reached important order block. Yesterday strong bullish candle, got to see the following two Day candles to make the decision as this bullish impulse can push price higher.

4H chart look better for short, but keep in mind Daily. And no sell tails on the top - that is the first warning sign! We might see a bull flag consolidation within 0.49-0.55 range

The only decent risk reward short setup I see at the moment is to catch those wicks above recent high and target ~0.49 - Drawn setup for 2:1 RR, but with better entry and formed top risk reward can be improved up to 4 RR.

@WiseAnalyze #Matic #ta
Matic gone from Futures (when?), but that doesn't help it get rid of sell pressure. And if you take a look at volume profile on the left, you'll be amazed by huge difference in volume accumulated under 0.045 comparing to anything that happened above. Spot is in profit, and if market mood gets even more bearish, they'll take that profit and wait for the dip below 2022 low at least.

Zone around 0.22 might be the first level for a bounce. After that no reasons to get into that coin until 0.045

Condition to return to bullishness on higher timeframe is MATIC price acceptance above 0.582 - that will give a chance to return back to ~0.84

@WiseAnalyze #Matic #ta
Top 15 cryptocurrency blockchain ecosystems by their level of github events, along with their growth in the category over the past year. This list is based on each ecosystem's amount of 'pure' development activity events, rather than just 'commits':

1) Ethereum #ETH: +0.8%
2) BNB Chain #BNB: +3.0%
3) Polygon #MATIC #POL: -1.6%
4) Cosmos #ATOM: +7.9%
5) Arbitrum #ARB: +11.6%
6) Optimism #OP: +39.3%
7) Avalanche #AVAX: +16.6%
8) Harmony #ONE: +5.9%
9) Polkadot #DOT: +1.8%
10) Solana #SOL: +12.1%
11) Osmosis #OSMO: +10.7%
12) Cardano #ADA: +16.3%
13) Gnosis #GNO: +2.4%
14) Fantom #FTM: +31.7%
15) Near #NEAR: +2.6%

@WiseAnalyze (source)