#MATIC did try to break the triangle pattern and ended up being a fake out. Still, price maintaining inside the pattern. Conditions are remains the same. If price break to upside then $1.38 - $1.39 will the potential retest area and you can have entries over there.
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β’ Its consolidating at its support level ($0.59)
Resistance is at $0.67
β’ If it breaks the support level will take a short position
Target - 3:1-2:1
β’ We will enter into a long position if there will be formation of a green bullish candle or a green hammer.
Target 3:1-2:1
β’ Its consolidating at its support level ($0.59)
Resistance is at $0.67
β’ If it breaks the support level will take a short position
Target - 3:1-2:1
β’ We will enter into a long position if there will be formation of a green bullish candle or a green hammer.
Target 3:1-2:1
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β’ Support is at $0.577
There are three resistances :
R1- $0.63
R2 - $0.655
R3 - $0.675
For short position we will wait for a formation of red candle at R1.
Target - 3:1, 2:1
β’ We will avoid long position as of now and will wait for it to clear all the resistances.
β’ Support is at $0.577
There are three resistances :
R1- $0.63
R2 - $0.655
R3 - $0.675
For short position we will wait for a formation of red candle at R1.
Target - 3:1, 2:1
β’ We will avoid long position as of now and will wait for it to clear all the resistances.
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β’ Currently you can see a downtrend in it, support is at $0.48, formation of a green hammer or a Bullishness candle (long).
Target - 3:1, 2:1
β’ If it breaks the support we will short our position.
Target - 3:1, 2:1
β’ Currently you can see a downtrend in it, support is at $0.48, formation of a green hammer or a Bullishness candle (long).
Target - 3:1, 2:1
β’ If it breaks the support we will short our position.
Target - 3:1, 2:1
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β’ Resistance level is at $1.04 .
First support level is at $0.756
Second support level is at $0.633
We can enter in a long position now.
Target - $1.04
β’ If it breaks the support level 1 we will short our position.
Target - $0.633
β’ Resistance level is at $1.04 .
First support level is at $0.756
Second support level is at $0.633
We can enter in a long position now.
Target - $1.04
β’ If it breaks the support level 1 we will short our position.
Target - $0.633
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β’ Matic has three support levels:
Support level 1 - $0.877
Support level 2 - $0.8637
Support level 3 - $0.821
If it breaks the S1 then we will short our position to S2 and if it further breaks the level at S2 we will short our position to S3.
β’ If it breaks the resistance level we will then long our position.
Target - 2:1
β’ Matic has three support levels:
Support level 1 - $0.877
Support level 2 - $0.8637
Support level 3 - $0.821
If it breaks the S1 then we will short our position to S2 and if it further breaks the level at S2 we will short our position to S3.
β’ If it breaks the resistance level we will then long our position.
Target - 2:1
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β’ 1st support - $0.7895
2nd support - $0.7570
Formation of a green candle at support 1 will indicate bullishness thus we will long our position.
Target - 2:1
β’ If it breaks the support 1 we will then short our position.
Target - $0.7570
β’ 1st support - $0.7895
2nd support - $0.7570
Formation of a green candle at support 1 will indicate bullishness thus we will long our position.
Target - 2:1
β’ If it breaks the support 1 we will then short our position.
Target - $0.7570
Crypto bids
#π ππ§ππ/π¨π¦ππ§ π ππ’π¨π₯ π§ππ π ππ₯ππ π ππ‘πππ¬π¦ππ¦ β’ Matic has three support levels: Support level 1 - $0.877 Support level 2 - $0.8637 Support level 3 - $0.821 If it breaks the S1 then we will short our position to S2 and if it further breaks the level at S2 we willβ¦
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β’ In the previous analysis given, matic achieved all the targets of the short position. A fake breakout was also seen after the formation of the yellow ellipse.
Hope you would booked good profit.
β’ In the previous analysis given, matic achieved all the targets of the short position. A fake breakout was also seen after the formation of the yellow ellipse.
Hope you would booked good profit.
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β’ Formation of a red candle at the resistance will indicate bearishness thus we will short our position.
Target - $0.7660
2 support level - $0.7336
β’ If it breaks the resistance then we will long our position.
Target - $1.5:1
Stoploss - $0.7812
β’ Formation of a red candle at the resistance will indicate bearishness thus we will short our position.
Target - $0.7660
2 support level - $0.7336
β’ If it breaks the resistance then we will long our position.
Target - $1.5:1
Stoploss - $0.7812
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β’ As suggested from the previous trade we would have booked profit and achieved the given short targets, formation of a traingle pattern can be seen at the support, we will wait for a upward movement breaking the triangle thus we will long our position.
Target - $1.5:1
Stoploss - $0.7812
β’ If it breaks the traingle then we will short our position.
Target 1 - $0.7660
Target 2 - $0.7336
β’ As suggested from the previous trade we would have booked profit and achieved the given short targets, formation of a traingle pattern can be seen at the support, we will wait for a upward movement breaking the triangle thus we will long our position.
Target - $1.5:1
Stoploss - $0.7812
β’ If it breaks the traingle then we will short our position.
Target 1 - $0.7660
Target 2 - $0.7336
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β’ Currently its trading at a resistance at $0.9217, if it breaks the resistance then we will long our position to resistance 2.
Target - $1.041
β’ Formation of a red candle at the resistance will indicate bearishness thus we will short our position.
Target - $0.756
β’ Currently its trading at a resistance at $0.9217, if it breaks the resistance then we will long our position to resistance 2.
Target - $1.041
β’ Formation of a red candle at the resistance will indicate bearishness thus we will short our position.
Target - $0.756
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β’ Recently it has broke the resistance, possibility is that it will reach the next resistance, thus we will long our position.
Resistance level(R1) - $0.9447
Target - $1.044
β’ Recently it has broke the resistance, possibility is that it will reach the next resistance, thus we will long our position.
Resistance level(R1) - $0.9447
Target - $1.044
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β’ It has pumped around 30% in 2 days, formation of a green candle at $0.9416 or hammer candle will indicate bullishness thus we will long our position.
Target - 2:1
β’ We will avoid short position as of now.
β’ It has pumped around 30% in 2 days, formation of a green candle at $0.9416 or hammer candle will indicate bullishness thus we will long our position.
Target - 2:1
β’ We will avoid short position as of now.
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β’ It has a resistance at $1.280 and a support at $0.953 which was acting as a resistance level previously.
Currently Matic is consolidating between $0.953 and $1.280. We will enter in a position after a conformation only hence avoid any positions as of now.
β’ It has a resistance at $1.280 and a support at $0.953 which was acting as a resistance level previously.
Currently Matic is consolidating between $0.953 and $1.280. We will enter in a position after a conformation only hence avoid any positions as of now.
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β’ It has a resistance at $0.9489 and a support at $0.7888, formation of a bullish flag pattern can be seen, we can now enter in a long position.
Target 1 - $1.029
Stoploss - $0.8689
β’ Avoid short position as of now.
β’ It has a resistance at $0.9489 and a support at $0.7888, formation of a bullish flag pattern can be seen, we can now enter in a long position.
Target 1 - $1.029
Stoploss - $0.8689
β’ Avoid short position as of now.
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β’ A triple bottom can be observed in Matic; therefore, we may consider adding a call position here. We will enter the trade once it surpasses the mark at $0.5495.
Targets: $0.5812, $0.6273
Stoploss: $0.5376.
β’ A triple bottom can be observed in Matic; therefore, we may consider adding a call position here. We will enter the trade once it surpasses the mark at $0.5495.
Targets: $0.5812, $0.6273
Stoploss: $0.5376.