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Matic

Matic Elliott wave Short term outlookIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Bear and bull ideas, had a video all done but it would not publish here on tradingview, not the first time this has happened. I was able to save it so its going to be cleaner after I edit anyway, these are the cliff notes for the video. So if you would like to see the video, it wont be here. Anyway here are my ideas for MATIC. Cheers!
MLong
by CryptoKnee
Year-End Targets for Polygon(MATIC/USDT)! Will it Hit $1?Polygon price displayed immense strength since the start of December 2022, but the FUD related to Binance insolvency, the price of MATIC and various cryptos slashed hard in no time. Meanwhile, the price is attempting very hard to keep up a bullish trend and hence trading within a bullish ascending triangle . However, the token has faced constant rejections at the resistance and the recent drop substantiates the bearish grip at these levels. Therefore, the pice may continue to trade within the pattern until the end of 2022 and ignite a notable upswing in the first few days if 2022. The MATIC price is expected to rise high and test the crucial resistance zone but may again face a rejection for one last time. The price may again reach the lower support and rebound which could bring the asset towards the pinnacle. Here, depending on the induced volume, the price may break above the ascending triangle to test the upper resistance at $0.819. Meanwhile the possibility of reaching beyond $1 appears to be pretty less at the moment but cannot be completely discarded. With a slight change in the market sentiments, the price is believed to rise high and achieve $1 mark in the firs few days of 2023.
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by Coinpedia-Market-Insight
MATIC - Technical review and analysisDuring the last week, MATIC recorded a range trend on the support range of $0.75 to $0.78. The volume of transactions is low, and the lack of desire on the part of buyers has kept the price at this level. After the short-term uptrend line is broken and the price declines with a large slope, technically, MATIC can have a further price decline to the support range of $0.60 to $0.67. Therefore, if the current support breaks, the next target for sellers is lower support. But if Bitcoin maintains its important support, and its range is broken from above, we can expect the formation of reversal patterns at the current support level for MATIC currency. In the 4-hour time frame, there are still no higher ceilings and floors, and we have not seen a consolidation above $0.80. But the resistance, the failure of which can be a sign of a change in the trend from downward to upward in 1-hour timeframe, is in the range of 0.825 to 0.830 dollars. So we can monitor these two ranges for the current week.
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by MonoCoinSignal
3
MATIC on a Head and Shoulders trying to avoid disasterThe Matic Network (MATICUSD) recently established trading below its 1D MA200 (orange trend-line), closing a daily candle below it for the first time since October 20. This alone is far from ideal for buyers but the price remains within the wide 0.690 - 0.770 Support Zone that is holding since July 26. However, we can't ignore the Head and Shoulders pattern since October 13 that has just been completed. If broken to the downside, this has the potential to drop as low as the 1.5 Fibonacci extension, which is at 0.380 with potential Support levels before that at 0.525 and 0.420. Until the Green Zone breaks though, the price can potentially rebound back to the 1D MA50 (blue trend-line) and the 0.970 overhead Resistance. The 1D ADX indicator seems to be in agreement. A closing above the 0.5 Fib at 1.000, invalidates the Head and Shoulders pattern completely and recovers the price towards 1.300. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
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by TradingShot
2
MATIC quick trade and big investmenthey guys i hope you all are fine... KEEP ON EYE ( MATIC ) chart and i want to tell you good buying zone for spot trading and also one quick trade which is for future trading .... For long term investment the good buy zone is ( 0.32 to 0.44 ) and i also mentioned this zone in my chart... For quick trading zone is ( 0.7736 ) and you will take your profit when you want and when you think this profit is enough... NOTE: Do your own Research... Im not a financial advisor...
MLong
by cryptopointpkk
2
MATIC / USDT 1D chart ReviewHello, I invite you to review the MATIC chart on a one-day interval. let's start by marking the blue line, the downtrend line, which, as you can see, the price overcame. Since the end of August, we have been moving in a sideways trend channel, but we can also notice that we are locally below the downtrend line. Now let's look at where the MATIC price has support, as you can see the first support is at $0.70, but if it goes lower we have another support at $0.52 and then $0.31 which is at the last low of the price. Looking the other way, we can also check what resistance awaits the MATIC when the price starts to grow. And here we have the first support at the price of $ 0.93, when we manage to break it, the price will start moving towards the support from $ 1.32 to $ 1.63, only when we manage to break this zone and then positively test it, the way to further increases will open . It is worth looking at the moving averages, where we can see that the white line, blue line and red line have crossed the yellow line from below, which heralds increases, however, currently the white line is getting closer to crossing the yellow line from above, if this happens, then blue and red will follow the white one, we can continue the downward trend. Looking further, the CHOP index indicates that most of the energy has been used, the MACD indicates a local downward trend, while the RSI has decreased, but there is still room for a deeper correction.
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by cryptodailyuk
1
MATIC/USDT WEEKLYHello traders, a new week is upon us! #MATIC update with a look at the weekly candles. We have formed a bearish engulfing candle formation after which a move down is very likely. I will definitely look for short entries on the smaller time frames after the confirmation of the trend down to levels around 0.59. Dollar Index in today London session lifted and currently goes up, if it breaks the current recent last low and maintains this level, this prediction could be confirmed
MShort
by Crypto-Frantisek
70
✴️ Polygon Has Bullish Potential | Can Grow 100%+Ever since the 18-June low, Polygon has remained strong and the lowest level hit after the early November price peak is above the 0.618 Fib. retracement level... Let's dive into this chart. Feel free to boost 🚀 to show your support. Now, volume is a strong indicator we say but there is also another signal that is important to keep in mind. We will call it the chart structure or stability. Notice how MATICUSDT has been trading within a stable range after recovering from the June/July drop. This is a signal of strength. When we had a strong injection of bear volume, prices remained trading above the Fib. 0.618 support level. This whole phase is considered consolidation... Consolidation happens before a price jump. MATIC looks good, it can produce additional growth. But keep in mind that the charts can always change. That's why we have a plan, follow a strategy and use a stop-loss if we decide to trade. Thank you for reading. I hope you are enjoying the content and find it useful for your growth, learning, success and trading. Namaste.
MLong
by AlanSantana
7
MATICUSDT 1HMATIC clearly formed a triangular wedge and we stressed the base of this wedge in the morning, so our next resistance becomes 0.8053, now the quote is at 0.7938. MATIC should not break its supports because it is respecting the base of the triangular wedge, fundamentally it is one of the altcoins with the highest institutional contribution, with several institutional giants contributing programming codes to this ecosystem. Here are the supports and resistances: S: 0.7899 / 0.7824 / 0.7774 / 0.7707 R: 0.8054 / 0.8209 / 0.8678 / 0.8895 / 0.8959
MLong
by ferulianov
1
InvestMate|MATIC Strong Support Zone Ahead💲💲MATIC Strong Support Zone Ahead 💲Compared to many cryptocurrencies, Matic has not dropped significantly during the recent declines. 💲There is a strong support zone ahead, determined by a very strong fibo level of 0.618 💲I expect some kind of reaction there. 💲For now, more time and a renewed attack by buyers is needed to talk about the continuation of the uptrend. 💲The scenario I'm playing out is to watch how the price reacts to the support zone, and wait for a renewed bullish attack. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
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by InvestMate
1