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Matic

MATIC (Polygon) Faces Resistance as Bears Take ControlMATIC (Polygon) is a cryptocurrency that has seen a -3.44% decrease in price over the past 24 hours. As of the time of this analysis, the current price of MATIC is $1.0945. Looking at the daily timeframe, we can see that the price of MATIC is currently below the 0.5 Fibonacci level, which indicates a potential trend reversal. The 0 Fibonacci level sits at 1.2500, while the 1 Fibonacci level is at 0.9426, and the 1.618 Fibonacci level is at 0.7527. This suggests that if the current downward trend continues, the price could potentially fall to these levels of support. The upper Bollinger band on the daily timeframe is at 1.2301, while the lower Bollinger band is at 1.0209, and the middle Bollinger band is at 1.1255. These bands can help us identify potential overbought or oversold levels in the market. Currently, the price is below the middle Bollinger band, indicating that the market is potentially oversold. The RSI is currently at 44, which is close to the oversold region. This indicates that the price of MATIC could potentially rebound in the near future. However, the Stochastic oscillator is currently at 27, which is also in the oversold region, indicating that the downward trend could continue. The MACD is currently at -0.0230, which suggests that the trend is bearish. Additionally, the Volume oscillator is currently at -20%, indicating a decrease in trading volume. Looking at the hourly timeframe, the EMA 100 is at 1.1002, which could potentially act as a level of resistance if the price of MATIC starts to rise. The On-Balance Volume (OBV) is currently at 47.544B, which indicates that there has been a net outflow of funds from MATIC over the past 24 hours. Overall, the price of MATIC has experienced a decrease over the past 24 hours, and the technical indicators suggest that the downward trend could potentially continue. However, there are also signs that the market may be oversold and that the price could rebound in the near future. Traders should monitor the key levels of support and resistance, as well as the volume and technical indicators, to make informed trading decisions.
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by MonoCoinSignal
8
Phased investmentThe AidiFinance project is revolutionary in the world of cryptocurrency and is greatly underestimated. For a long time, the development team has been building an ecosystem aimed at rewarding holders from using software products. Holders already receive rewards in the form of Matic in the amount of 2% of the volume. Development completed: - AidiSwap is a multi-network exchanger operating on BSC, ETH, Polygon networks; - AidiCraft - NFT marketplace, running on the Polygon network, provides integration into OpenSea and Raible, the built-in Lazyminting system. It will soon be available for use by other projects with their own coins; - AidiBets - sports betting, cyber games, slot machines, poker, blackjack, roulette and much more; - AidiRaffle is a platform for conducting lotteries and sweepstakes, which allows any projects to organize collections to raise funds for marketing and other purposes. In the second quarter, developers will present: - a platform for staking; - AidiCard - virtual cards (VISA, MasterCard), with the possibility of payments in stablecoins anywhere in the world, No KYC. In the near future, the team plans to create: - AidiPlayFi platform for game developers, which will interact with the NFT marketplace AidiCraft; - AidiConnect is an intelligent tracker for providing the ability to track your investments and predict profits. The projected price is $1.5-$2 in the next 2 years. Polygon contract: 0xDFc2C4ce66561c3ee53dbeA9ff78550F395a25e2
ALong
by h9wvjxbyjq
🔥MATIC REACH THE BOTTOM OF THE CHANNEL: REVERSE SOON?🔥Hi, friends! During the last speech of Jerome Powell said that if USA launch CBDC (digital USD), the price of crypto will go to 0. Also, the troubles with US banks push the price of the whole market lower. Matic is one of the strongest altcoins, so I think it will be the top gainer among other altcoins when BTC start the pullback. 📊 MY TRADING PLANS FOR MATIC: 🔥 test the lower boundary of the channel as the support 🔥 test the $0.88-0.92 value area as the support 🔥 volume growth which indicates the bottom 🔥 bullish BTC 🚩 I use DOM and Footrpint ✅ MY TARGETS FOR MATIC: 1. $1.4 - the mid of the channel 2. $1.8 - the top of the channel 💻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
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by Yuriy_Bishko
2
🔥IT'S TIME TO SHOW THE POWER FOR APT AFTER 50% PULLBACK🔥Hi, friends! Aptos make a 50% pullback and I think this is a time to look for a long. More in my idea trading plan! 📊 MY TRADING PLANS FOR APT: 🔥 false breakout of $10.62 key level 🔥 volume growth 🔥 bullish BTC 🚩 Friends, the bullish false breakout is when the price close below and the next candle close above the key level or just the wick collect stops of the long traders. ✅ MY TARGETS FOR APT: 1. $14 - the key level and local high 2. $16.74 - the key level 3. $20.4 - the key level and local high Traders, do you still believe in Aptos or think that it returns to $2-3? Write your thoughts in the comments! 💻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.
by Yuriy_Bishko
3
MATIC next MASSIVE move SOON !!Hello Traders, Matic has been forming an ascending triangle since couple of weeks now ! It respected it`s borders very well !! , and I guess MATIC is one of few coins that didn't drop down again to it`s dip. - On the chart you can see the Ascending triangle with it's target (move the chart to see it) Breakout should be before 19 of July 2022. I guess it will be before this date maybe around 15 JULY Set your alarms ! and lets trade it as it go !! ** Notice that ascending triangles are more bullish than bearish, but in a bear market with all of the following situations running around us worldwide, you have to trade as it do, not by a greater probability. - ,,, Tell me, Do you count this as a Rising wedge? or an ascending triangle ? Thumb up for more <3 Follow for more ideas on another ALTCOINS
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by TANcrypt0
2
✴️ Let's Zoom In On Polygon | Easy Fast Target MappedWe looked at MATICUSDT (Polygon) long-term, weekly timeframe, but what about the short-term, how are things looking? Things are looking good to go straight to the point. When looking at the daily timeframe we can see MATICUSDT just recovered after hitting MA200. This right away tells us that this move is only getting started and there is more to come. This recovery happens at a higher low and thus the higher high is basically guaranteed. If not certainly, these additional bullish signals should help: - Increasing volume. - Bullish MACD cross and Bullish RSI. This is a powerful signal. Both indicators are showing hidden bullish divergence as they printed lower lows in a period when MATICUSDT printed a strong higher low. We've been saying it will continue growing and it is happening... Be prepared! Maximize profits because we don't know how the year will end. Secure, stay safe. See the "Related Ideas" below. Like/Boost, Comment & Follow! Namaste.
MLong
by AlanSantana
1
✴️ Polygon Super Healthy, Potential To Move Above $2.35MATICUSDT (Polygon) continues with one of the healthiest chart. We had a 3 weeks correction that bounced off EMA100 and closed above EMA10. Weekly, prices remain safely trading above all these moving averages (EMA10/21/50/100), this is ultra-bullish. Higher highs and higher lows since June 2022, more to come, stay tuned. The target is set above $2.35 but we go step by step. Remember to boost, comment and follow. Namaste.
MLong
by AlanSantana
5
Quick look at MATIC Here's a quick look at the two-day Magic chart. As we can see, the price has been oscillating within the bigger rising channel since June 2022, and if the price breaks below the channel, we should expect a move down to the red support zone. For now, the price has to hold above the green support zone to avoid further downside. If the does break below the green support zone, a move to at least the bottom of the channel is expected - 0.9$ area. Remember that the DXY is currently rallying, and if that continues, the total crypto market will bleed, and so will MATIC. My opinion is that MATIC will probably come down to 0.3$-0.5$ before the end of the macro downtrend. - Trade safe! Also, keep an eye ETH / BTC pair ;) ------------------------------------------- Key Dates to Watch in March: 10 Mar: US Non-farm Payrolls 10 Mar: Mt. Gox Distribution 14 Mar: #CPI Data Release 15 Mar: #PPI Data Release 21/22 Mar: #FOMC Meeting 30 Mar: GDP Report ------------------------------------------- What's a Fair Value Gap?: A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
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by MBM_Crypto
8