Get started

Matic

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.
M
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 MasterAnanda
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.🚀
M
by InvestMate
1
MATIC/USDT 1DAY UPDATE BY @CRYPTOSANDERSHello, welcome to this MATIC/USDT 1DAY chart update by CRYPTO SANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Polygon (MATIC) was another notable token to fall today, with prices also moving lower for a third straight day. Following a high of $0.891 on Thursday, MATIC/USD dropped to a bottom of $0.8483 earlier in the day. As a result of this drop, the polygon moved to its lowest point since November 30, when prices hit a bottom of $0.837 MATIC has since rebounded from earlier lows and is currently trading at $0.8569, which is still nearly 4% lower than Thursday’s floor. This slight rebound comes as the RSI rejected a breakout of a point of support at the 43.00 level, and the index is currently at the 44.26 mark. Historically, bulls have used this floor as a point of reentry, and should this reoccur, then we could see MATIC move back toward the $0.90 level. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
COINBASE:MATICUSD
by CryptoSanders9563
1
WILL $MATIC BOTTOM AT $0.37 BEFORE THE BULL RUN STARTS?Polygon- A fundamentally strong ecosystem that has been bridging the gap between Web 2 and Web 3 by onboarding new users through various partnerships. $MATIC is the native currency in the ecosystem. The answer to the question in the title is most probably. With this said, lets dive into the analysis below: The current macroeconomy is bearish which limits the growth potential for majority of the asset classes including the Crypto market. This limitation results in fundamentally strong coins/ tokens to stagnate or decline in price. This enables us to position ourselves accordingly for the next bull run. Now we take a look at how we can position ourselves using technical analysis (Pure Price Action). My confluences for expecting lower prices for $MATIC: - The macroeconomy is looking bearish for the coming months. - There is a clear Fair Value Gap between $0.60- $0.68 which will very likely be filled before any rally. - There is Sell Side Liquidity below current price denoted by the $ sign that are attractive for smart money to raid. - There is a Bullish Order Block that has not been tested as yet. I will be looking to take full profit from any Short position I enter upon reaching that Bullish OB around $0.40. Long positions are set to be opened below $0.40 (preferably $0.37). This is Not Financial Advice, this is for educational purposes only. With this said, Happy Trading Pals.
MShort
by Evaliste
MATIC / USDT 1D chart Resistance and SupportHello everyone, welcome to the USDT MATIC chart review. As we can see, the price has broken out of the downtrend line and now we can mark the uptrend channel in which the price is moving with the blue lines. Now let's move on to determining the support for the price and here we see that we first have a strong support zone from $0.82 to $0.70, if the price falls below the designated zone, we can see a drop to around $0.53 and a delta to $0.32. Looking the other way, we see that we have the first resistance at $0.94, if the price goes up, then we have a strong resistance zone from $1.32 to $1.64, only when the price breaks this zone and tests it positively, we will be able to see further increases. Please look at the CHOP index which indicates that we have a lot of energy which, when BTC is falling, can be used for a large correction, the MACD indicator indicates that we are on the verge of entering a downtrend, while looking at the RSI it is difficult to clearly determine the direction.
M
by cryptodailyuk
2