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Maticbullish

Polygon (Matic) on course, currently still in Buy Zone 1Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd *Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas. Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins. What is Polygon? Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks. It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution. Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains. Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality. Key Notes: The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon. Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
MLong
by CryptocurrencyMagnet
1
Matic Target Hit Huge Parabolic Move, Was Worth The WaitMatic Target Hit Huge Parabolic Move, Was Worth The Wait, Update Continuation Pattern Another 40% Buy signal triggered from script, 13 EMA crossing up 50 SMA , It looks like the Bulls are back! *4/3/21* Polygon (Matic) Buy Opportunity Continuation Pattern Another 40%. Buy zone from current price level at 23.60% Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Stochastics showing an Oversold market, nice swings from here. Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 23.60% ($0.194) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
MLong
by CryptocurrencyMagnet
Polygon (Matic) Update Continuation Pattern Another 40%Polygon (Matic) Update Continuation Pattern Another 40% Buy signal triggered from script, 13 EMA crossing up 50 SMA, It looks like the Bulls are back! *4/3/21* Polygon (Matic) Buy Opportunity Continuation Pattern Another 40%. Buy zone from current price level at 23.60% Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Stochastics showing an Oversold market, nice swings from here. Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 23.60% ($0.194) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
MLong
by CryptocurrencyMagnet
Polygon (Matic) Buy Opportunity Update, Continuation Pattern 40%Polygon (Matic) Buy Opportunity Update, Continuation Pattern 45%+ Polygon (Matic) Buy Opportunity Continuation Pattern Another 40%. Buy zone from current price level at 23.60% Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Stochastics showing an Oversold market, nice swings from here. Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 23.60% ($0.194) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
MLong
by CryptocurrencyMagnet
2
Matic Approaching Buy Zone 1Polygon (Matic) Buy Opportunity Continuation Pattern Another 40%. Buy zone from current price level at 23.60% Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Stochastics showing an Oversold market, nice swings from here. Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 23.60% ($0.194) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
MLong
by CryptocurrencyMagnet
1
Polygon (Matic) Buy Opportunity Continuation Pattern Another 40Polygon (Matic) Buy Opportunity Continuation Pattern Another 40%. Buy zone from current price level at 23.60% Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Polygon (Matic) Buy Opportunity! Potential 40+ % Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 23.60% ($0.194) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys.
MLong
by CryptocurrencyMagnet
Matic May Break the Accumulation box and go HighBINANCE:MATICBTC matic has been trading within the given box a little ranges of 220-230 sats since few weeks. We need at least a 12h close above 237 sats level for further confirmation of Bullish trend. Matic is bearish below the box and above it is bullish. Take your profits at the given prices 260-265 is the key area to break and to Further push it towards 300 sats. We are already above EMa00 and Ema 300. Rsi is looking good with Regular divergence and volume is also good.
MLong
by CognitoBTC
Matic Network | A Big Gartley Setup For Big Bullish MoveHi friends this hope you are well and welcome to the new update on Matic network token. The Matic token is again gearing up and so far it has moved more than 20%. In today's article we will do analysis on this token. The movement within the parallel channel: In my previous post we have seen that the price action of Matic network is moving within a parallel channel since December 2019. And the movement of the priceline within this channel is very much synchronized with Stochastic and Directional movement indicators. As we can observe that whenever the price action moves at the support of channel and the stochastic gives bull cross then finally when the positive directional indicator crosses up the negative directional indicator then the price action of Matic token moves up to the resistance of the channel. In my previous post the price action was trying to breakout the resistance of the channel. But unfortunately it is dropped down again. But this time the priceline of Matic token did not drop up to the support of the channel. And almost from the middle of the channel the price action again has started moving up. The reason is that before the price action reaches at the support the stochastic indicators gave bull cross from the oversold zone and positive directional indicator moved up without crossing down the negative directional indicator. After these bullish signals the price action moved up and so far we have seen more than 20% bullish move. At this time the bollinger bands is squeezed that is another indication that the price action can soon make a big to up or down side. The important role of MA7 with MA 25 combination: In my previous papers I described that it on the long-term weekly chart of Matic network the simple moving average with the time period of 7 with the combination of simple moving average with the time period of 25 has a very important role. As in the month of November 2019 we have witnessed when the 7 simple moving average crossed up the 25 simple moving average then it produced more than 247% bullish move. And I was expecting that when the 7 SMA will again cross up the 25 simple moving average then it canl produce another rally. And finally in the first week of June 2020 we received this bull cross between the moving average 7 and the simple moving average with the time period of 25. And so far the price action is moved more than 20% up. The Cup & Handle formation: Another reason for gearing up of Matic network is the formation of Cup & Handle pattern with consistency. As in my previous post have seen that priceline of Matic token completed the cup and handle pattern in Feb 2020 and produced more than 65% rally and started the formation of the next cup and handle. When I posted my previous article at that time the price action was moving down to complete the handle of the cup. I was expecting that it will be moved up to 0.618 Fibonacci retracement level. And as per expectations the priceline of Matic token retraced up to this 0.618 golden ratio and now gearing up. A very big harmonic Gartley move: If we switch to the 2 month time period chart. Then it is revealed that the price action of Matic network has formed a very big bullish Gartley pattern. After the first leg the A to B leg is retraced upto 0.786 Fibonacci retracement level that is a 1st confirmation of Gartley. Then B 2 C leg is projected between 0.382 to 0.886 Fibonacci projection (here I have ignored some extra spike) and this is the projection of A to B leg. And this is the second confirmation of bullish Gartley. And finally the price action has been retraced between 0.618 to 0.786 Fibonacci retracement level and this is the final confirmation that Gartley pattern has been completed. Now as per Fibonacci sequence of this pattern the buying and sell zone or the potential reversal zone and Fibonacci projection of this pattern are as below: Potential reversal zone or buying zone: 0.00000249 to 0.00000161 sats Fibonacci projection or sell zone: 0.00000320 to 0.00000485 sats Even though we can see that the price action has already spiked up to the sell zone but I am expecting that it will start a sequence of bullish candlesticks that will be completely entered in the sell zone soon. Conclusion: All chart patterns from short term to long term and the indicators as well are giving signals that the price action my again hit the resistance of the channel. However the movement of the priceline up to the support is still due, therefore we should take care of the stop loss strictly. Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
MLong
by moon333