🔥APTOS READY TO PUMP AFTER 3 MONTHS RANGE: BULLISH SCENARIO🔥Hi, friends! Aptos is in 90 days consolidation now. It's borring for retail traders and investors who bought this coin above $ 12-13. I think that whales accumulate enough altcoins that they sold at $ 18-20.
📊 TRADING PLAN FOR APT:
1. trap the long traders through growth to value area $ 12.1-13.7 and fall below local low to collect their sl
2. volume growth at the bottom
3. bullish BTC
🚩 If BTC will start to grow, our 3 targets will be reached very fast.
✅ THE MAIN TARGETS FOR APT:
🔥$ 12.3-13.7 - the value area
🔥$ 16.8 - the key level
🔥$ 20.4 - the key level
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Matic
Polygon | MATIC | Looking bleak for Bulls next target $0.7567Polygon | MATIC | Looking bleak for Bulls next target $0.7567
MATIC has lost a very key support and doesn't look promising for bulls to be honest - a potential divergence is forming also if this recent rejection continues
| Death Cross
| Nice rejection wick
| Broken the 200 EMA and rejected
| If this is a peak then it will be a hidden divergence....big IF
| Lost Key Support
| Potential point to take profit in case of bounce
| Broken key CVD trendline
Polygon: a bright future or forgotten technology? Polygon is the first Layer 2 blockchain. The initial placement of the project took place on April 24 2019, on the Binance Launchpad platform and two years later, on December 27, 2021, an ATN of 2.92 USDT was reached.
Project development dynamics
For several years, the project was for the most part, if not in oblivion, then in the shadow of other similar and all sorts of "killers of Ethereum". The project reached a wave of success in 2021, having caught the eye of large public investors and built partnerships with popular brands. In May and June 2021, Polygon received support from billionaire investor Mark Cuban, who revealed plans to integrate his NFT Lazy.com platform with Polygon. To date, Polygon has various partnerships with:
Adobe Behance
DraftKings
Alan Howard's hedge fund, to develop Web3 projects
Stripe launched global cryptocurrency payments through Polygon.
Fashion brands: Adidas Originals, Nike, and Prada have launched NFT collections on Polygon.
Instagram is also partnering with the project at NFT.
Polygon is partnering with Niger to develop a blockchain ecosystem for the country's future.
Aave, Curve.Fi, Decentraland, Sandbox, OpenSea and Uniswap have chosen Polygon as their scaling solution.
Polygon has partnered with Salesforce, which delivers customer relationship management (CRM) software.
Citigroup published a report in April 2022 describing Polygon as AWS
Web3. It is claimed that the Metaverse economy, by 2030, will reach $13 trillion, with much of it developed on the Polygon network. Citigroup also believes Polygon will become widespread because of its low transaction fees and developer-friendly ecosystem.
A report from blockchain analytics company Messari, showed that in the third quarter of 2022, the number of active MATIC addresses increased by 180% in the second quarter, and the total number of transactions for the quarter was 2 billion.
In 2023, despite the market correction, the project has made significant strides, both in development and partnerships. In the last couple of weeks, partnerships have been reached with Google Cloud and Franklin Templeton to tokenize large-scale financial products for its DeFi, etc.
Sotheby's, which accounts for 24% of the world's art auction sales, announced that its trading floor has launched on Ethereum and Polygon.
Polygon's GitHub has recorded a significant increase in the number of code commits and the number of kernel developers since early May.
Recent technical news for the project has been the launch of Polygon zkEVM, a zero-disclosure scaling solution equivalent to the Ethereum virtual machine. This means that most existing smart contracts, developer tools, and wallets will be able to work seamlessly. Polygon zkEVM leverages ZK proofs to reduce transaction costs and increase throughput while keeping Ethereum secure.
Polygon launched three updates on May 3 to make it easier for developers to integrate decentralized identity into dApps: new features in Polygon ID infrastructure tools that include improved integration, UX, and a host of new tools to help developers who build dApps.
A new issuer node interface that will make it easier to set up, manage and work with the issuer node. In addition, push notification support is provided in the mobile SDK and in the app reference implementation.
Developer tools and updates such as JWZ Validator, Polygon ID smart contract deployment on the core network and the recently announced PolygonID DID resolver.
Outlook for Matic
Today, the L2 solutions niche is actively filling and expanding, with projects and their ecosystems competing with each other for developers and users to form a better L2 ecosystem.
Matic's direct competitors, Optimism and Arbitrum, launched in mid-2022 and March 2023. These projects, as well as Matic, aim to make transactions cheaper and increase throughput. After the release of these projects, Matic actively began to lose the volume of transactions within the blockchain and the number of unique active addresses.
Zero Knowledge-based projects zkSync and StarkNet are currently being prepared for release and will also be in the L2 solution race.
Matic lost its unique advantage of being the only project with the best user experience and now the project team is looking to create partnerships with established web2 businesses and prepare projects for mass adoption. Only with these products, Matic will be able to regain its dominance amongst the other L2 solutions.
At the moment, the price of Matic is approaching the key support zone of 0.78-0.68. Potential zones for growth are shown on the chart in terms of historical analysis.
Polygon MATIC price beckons to buy, but where?)Exactly 3 months have passed since the publication of the idea with our global vision of possible movements of the MATICUSDT price.
The first part of the idea has clearly worked out the $1.50 target, and the second part of the idea with a correction to $0.5 now looks unlikely.
It is more realistic to assume that the "buyer" who did not allow the MATICUSD price to fall below $0.70-0.80 during the second half of 2022 will not allow this to happen in the near future.
Therefore, we consider the $0.70-0.80 zone to be ideal for buying MATIC into the medium- and long-term portfolios with the first take profit not earlier than $2.50
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AWW🥹 IT'S FORMING >>MATIC<<A BABY EMA IS FORMING ON MATIC. IT'S SO CUUUUTE🥹🥹
YES, YES TOTALLY BUGGING... BUT THIS IS WHAT HAPPENS WHEN ONE STARES TOO LONG AT CHARTS.
ONE THING ABOUT CRYPTOCURRENCY IS THE FACT THAT THE ASSETS ARE SO YOUNG (EVEN THOUGH THE CONCEPTS HAVE ACTUALLY BEEN WORKED ON IN THE BACKGROUND FOR DECADES <<MORE ON THAT LATER.
Seeing a little EMA budding on longer timeframe made my day. Shorter timeframes always have EMA's, but long term EMA's take f-o-r-e-v-e-r to form.
So happy to see a sprout 🌱.
As always, take care.
#25Sigma
MATIC: Support BreakoutPolygon (MATIC) technical analysis:
Trade setup : Price broke below the 200-day moving average and $1.00 horizontal support zone, which opens up downside risk to $0.75 support next.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.75. The nearest Resistance Zone is $1.00 (previous support), then $1.30.
MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Polygon (MATIC) which is currently the world’s tenth-largest cryptocurrency, fell for a fifth straight day.
MATIC/USDT plunged to a bottom at 0.866, less than a day after the token was trading near 0.90.
This latest decline in price has pushed Polygon to its lowest point since January 11, when it traded at 0.84.
Looking at the chart, this spell of sell-offs has sent the RSI below 30.00, which is deep in oversold territory.
The last time price strength tracked this low was back in July 2022, which may give bulls optimism that a reversal could be soon approaching.
MATIC is now trading at 0.8723, which is marginally higher than its earlier lows.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Polygon (MATIC) formed bullish Gartley for upto 91% rallyHi dear friends hope you are well and welcome to the new trade setup of Polygon (MATIC) with US Dollar pair.
Previously I shared a long-term trade setup for MATIC which produced more than 246% rally as below:
Now on a weekly time frame, MATIC has formed a bullish Gartley pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MATICUSDT KEY POINTMatic is approaching the key point again. This point is very important and if it cannot support the price, we have to imagine a further fall. It has been supported 8 times in the past, can it be supported again? What do you think?
⚠️ Disclaimer: This chart and analysis are not meant to be, and do not constitute financial, investment, trading, or other types of advice or recommendations. #DYOR
MATIC idea sharing1D chart:
At present, MATIC takes support and resistance at 1.3121 as the key price.
After MATIC fell below the inverse cup and handle pattern (below 1.3121) in April last year, the lowest price reached 0.3157. After that, the price appeared higher low and higher high, and there was a situation of breaking through the resistance of 1.3121.
Pay attention to whether MATIC is effectively supported by the support trend line below.
If the support trend line is broken, a bear flag pattern will appear.
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4 hr chart:
In the 4 hr chart, MATIC has shown a triangle convergence pattern and has broken the resistance trend line.
Pay attention to the previous high of 1.2507 and the stop loss price of 1.0239.
If there is a breakthrough of the previous high of 1.2507, there is a chance to challenge the resistance of 1.3121 again.
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matic / usdt daily chart short ideamatic / usdt daily chart / short idea
for this short idea price must stand blow the resistant zone and i expect 2 legged pullback toward resistant zone
MATIC - DailyFalling wedge a strong bullish pattern
Horizontal dashed lines are strong support levels
Will we see immediate support or support a bit lower?
Hopefully the whole market breaks out soon its been at this level for a long while
MATIC buyer exhaustion could see prices fall to $0.77The bullish order block on the daily timeframe formed on 18 Jan has acted as strong support back in March
The retest of this zone on 9 March saw prices bounce to $1.24
The subsequent retest in late April did not see a positive reaction- instead, MATIC continued to slide lower from $1.025 to $0.977 over the past two weeks
Therefore a daily session close below the bullish order block ($0.925) and retest of the $0.96-$1 area could offer a shorting opportunity
Entry: $0.996
Exit: $0.837 (a more ambitious target would be $0.77)
Stop-loss: $1.07 (above recent wick)
MATICUSD Is Firmly Breaking Out If you plot a down channel on Matic price emerges victorious above the down channel.
This could be considered a breakout and good for the bulls.
Bullish
MATIC Analysis, A Precarious PositionLet's take a closer look at MATIC and see what its current status is in the market. MATIC, with its current price of 0.9830, is definitely worth some attention. Looking at the RSI of 39, we can see that it's not quite in oversold territory yet, but it's certainly on its way there. The daily timeframe 0 Fibonacci of 0.9435 and daily timeframe 1 Fibonacci of 1.2500 give us a good idea of the potential range of prices MATIC could be trading within.
Meanwhile, the daily timeframe upper Bollinger band of 1.1958 and the lower Bollinger band of 0.8943 suggest a level of volatility for the coin, with the middle Bollinger band at 1.0450 indicating the average level of volatility. The volume oscillator of -19% also suggests that MATIC is not seeing a lot of trading activity at the moment.
On the other hand, the MACD of -0.0377 indicates that there is some bearish momentum in the market, which could cause the price of MATIC to drop further. However, we should also take into account the hourly EMA 50 of 1.0752, which suggests that there could be some support for the price at this level.
Overall, it seems that MATIC is in a bit of a precarious position at the moment, with some indicators pointing towards a potential price drop, while others suggest that there could be some support for the price. It will be interesting to see how these indicators evolve over time and whether MATIC will be able to regain its footing in the market.
short MATICCRYPTOCAP:MATIC bounced off the resistance level and the descending trendline. Decline to support level at $0.94 is likely to happen.
MATIC Polygon Price Targets after the FOMC meeting this weekThe upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments.
The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak.
Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the financial situation is much steadier.
Additionally, inflation remains elevated, and with evidence of stubbornness in underlying inflation, it could be in the 4% to 5% range, far above the 2% inflation target. The markets are pricing in a 25bp Fed Funds rate hike to 5.25% at the May FOMC meeting, and given the steadiness in financial markets, persistence in price pressures, and continued decent activity, this could contribute to a further downturn in the crypto market.
MATIC/USDT short
Entry Range: $0.95 - 1.10
Take Profit 1: $0.90
Take Profit 2: $0.79
Take Profit 3: $0.63
Stop Loss: $1.26
WYCKOFF REDISTRIBUTION SCHE... MATICThe bump and run scenario is working perfectly. It also matches very well with a Wyckoff redistribution schematic.
The road could be bumpy, but the target will be reached I think.
MATIC / USDT BUY LONG 🟢MATIC/USDT BUY LONG 🟢
Leverage 10X
Entry price- 1$
Take profit- 1) 1.03$ 2) 1.08$
Stop loss- 0.97$
Stop loss important
@msrcrypto1
#BNB #BTC #MATIC #SOL #ETH
$POLY primed to flyPolygon has been trading in this channel since June of last year. It's near the bottom of the trend line, which happens to coincide with the 200MA on the daily chart. With all the bullish sentiment around Polygon, and large projects moving their ecosystems onto the chain, I'd expect to see a nice bounce towards the middle of the trading channel; followed by an opportunity to exit with a ~40% gain from current prices in the highlighted box.
Out at or above $1.50 sometime in April, ez gg - NFA.
MATIC(based on NEo wave)there is 2 ways for matic and both of them are bullish also its very very low risk. so if you want to investment or know sombody who wants to investment I think its one of the best crypto currencies for large many because it has good risk to reward from the first target.
#Matic | #Usdt#Signal | #Matic | #VIP_Pack | #NUM_SV37
Long
Entry : ~1.0059
Tps : 1.0439 / 1.0760 / 1.1604 / 1.23 / 1.33 / 1.45 / 1.54
SL : 0.9070
Don’t risk more than 1% of your capital.