Polygon (Matic) Road back to ATH Potential +80% Gain
Polygon (Matic) Road back to ATH Potential +80% Gain. Beautiful double bottom chart formation has formed for Matic on the Daily, from the current price level we expect the 13ema to cross up above the 50sma signalling strong bullish momentum
Maticlong
Polygon (Matic) Road back to ATH Potential +80% Gain
Polygon (Matic) Road back to ATH Potential +80% Gain. Beautiful double bottom chart formation has formed for Matic on the Daily, from the current price level we expect the 13ema to cross up above the 50sma signalling strong bullish momentum
MATIC LongHey traders, we are monitoring MATIC for a buying opportunity around 1.34 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
LONG MATICshort-term
LONG MATIC
EP: 1.68
TP1: 1.75
TP2: 1.80
TP3: 1.88
TP4: 1.93
TP5: 2.0
SL: close 4h/daily candle above 1.60
Matic above 382 fib, bullish divergence About to break out to the major resistance line. Next level rally to nearest 618 from the 4H previous swing high to swing low.
MATIC LongHey traders, today we are monitoring MATIC for a buying opportuntiy around 1.6 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
MATICUSD AnalysisRising wedge has led to a breakdown back to 0.786, which is a good place for a potential reversal
I would like to see a sort of cup (like on a cup and handle) form following the rising wedge, this places it in a very bullish position
I am hodling MATIC currently
Reversal at 0.786 plz!
MATIC, where is a good time to buy?In the last idea, we said that a break of the trend line and the $1.76 level could be a good buying opportunity.
After breaking the upper boundary of the range, the price went up almost 20% and tested the resistance zone. There was also a lot of volume at the top. This is a bad signal. As a result, we see a small pullback.
It is dangerous to buy now after such a strong rise. We should wait for a correction or a clear trading situation. The marked big value area is at the bottom. A test of this area as support could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
MATIC is making an impressive returnThis is my view of MATIC in short term. It is very hard to assume that it can make a new ATH this month following the reaction of BTC and also the total market.
But MATIC is getting an impressive return to the track and at least, we have a basis to look at the Fibonacci sequences combined with the volume profile and short-term resistance levels.
I will consider the Fibonacci sequences in short term
0.382 / 0.618 / 0.786 / 1
These sequences should be considered carefully following the BTC's moves.
Please like & share if you agree with my idea.
Thank you
NFA
MATIC - Watching closelyMATIC looking poised to make a move. Potential cup and handle forming on long term BTC chart. Confirmation and subsequent breakout of this pattern could lead to a significant break out above $3 on the $ chart. $ chart itself is forming somewhat of a C&H, maybe more of an ascending triangle. Watch for possible breakout.
MATICUSD Nice 50MA BuyBuy as the price touches the 50MA
previously 50MA seen as a point of upward rejection
I am long MATIC/Polygon
MATIC LONG TO $1.85A quick analysis on MATIC using both wave theory, Fibonacci analysis :
Looks like we are in A-B-C correction, subwave 4 of the 5 wave series for Ethereum A-B-C irregular correction
Macro-level
In a complex A-B-C correction
W(A) in orange
W(B) is Blue
Wave(C) is a 5 wave in purple
Micro-level
-------------
1) since we are in Wave (C) its going to be a 5 wave structure. I guess we are just completing W(1) in Wave(C)
2) sw(2) in W(C) went back to $2.46
3) sw(3) in W(C) went to 1.3
4) Sw(4) might go up to 1.85 before it goes down on a sub wave (5)
We need to see if this is going to be an irregular running flat or a normal irregular correction
Appreciate feedback
#MATIC approaching targets#Matic as ive seen has hammer so its low is the SL which is 1.521 initial buy levels are 1.560 targets of 1.667
MATIC Long after PA..For More Daily Detailed Analysis, Don't forget to go ahead and click on the follow button. Also, if you have any questions, please do ask them..
Here we have our Crypto chart Matic/Usd on the WEEKLY. We are looking at an uptrend on this timeframe.
Long term this asset is looking for a higher move off from our current key MA's. We have just seen great Price action off from the last rapid fall on current market sentiment and Tech selloffs.
Our long target is back to some comfortable resistance and a clear exit away from our longer Term MA'.s
Exit at the eclipse symbol Area.
MATIC, DAILY TRADE, SIGNAL$MATIC had a good run and now back testing trendline like most alts. Nothing goes up in a straight line. Wait for another restest before aping into trade 🦧
📍Entry 2.05-2.09
📍SL -5%
📍TP - 3.9-4.2
#DYOR #NOTADVICE #MATIC
MATIC 2nd Head & Shoulders Pattern???Chart is self explanatory. Regression Trend set at 2 Stan Dev. I am short for trading but long for investment. I currently don't see the major H&S playing out unless the entire crypto market shytes the bed. The first one worked like a charm. Loved how this has held up, relative to the alt coin spectrum, over the past month but seems to be losing it's staying power over the past week or so. I have the same feeling on ATOM. Good luck and I don't know SH_T about F_ _K so this is not investment advice. peace.
Polygon (Matic) To Retest ATH, Next Stop $3.47 @ 127.20% FibsGreat bounce for Polygon (Matic) on the trend-line support level just above the 61.80% fibs. From here Polygon (Matic) is currently only 49% gain away from our $3.47 target at the 127.20% fibs and only 23% away from the ATH at $2.88.
Our current price Targets for Polygon from the current price:
127.20% Fibs at $3.47 (49% Gain)
161.80% Fibs at $4.22 (80% Gain)
261.80% Fibs at $6.41 (175% Gain)
461.80% Fibs at $10.78 (361% Gain)
Please see previous analysis below. Happy Trading :)
Polygon (Matic) Update: 18/12/21
Polygon (Matic) To Retest ATH , Next Stop $3.24 @ 127.20% Fibs currently only 55% gain away from the current price. Polygon (Matic) is currently only 29% from the ATH @ $2.88..we need a clear breakout above the 78.60% fibs, a daily close above this key level of resistance would turn the 78.60% fibs into a strong support level for the next Matic parabolic run as it looks set ready for price discovery with all the latest developments & looking at the price action 🚀
Polygon (Matic) Update 07/12/21: Matic has shown great strength since the crash on the 4th December, recovering +63% from the -35% drop experienced. This project has very strong fundamentals with some of the most cutting edge technology in Blockchain Technology today. This is Ethereum's Internet of Blockchains, although Matic has already grown 12514.5% YTD, we can expect similar growth pattern to Solana.
Since the July crash, Matic has been fighting some heavy resistance from the previous key price levels @ the 23.60%, 38.20% & 61.80% fibs from the sensational run we experienced during the early months of this year. on the 14th October our A.I script triggered a strong buy signal on the daily chart @ $1.30 just below the 23.60% fibs. Since the Buy Signal triggered, Matic has grown 89% in just under 54 Days. Matic's first impulsive wave topped just above the 61.80% fibs ($2.14). As mentioned in previous analysis, Polygon's move back to the ATH is not one which is going to be straight forward due to the nature of the explosive move earlier this year and will face some key resistance on this push phase back to the ATH @ $2.88, which is now only 14% away from the current price @ $2.48.
From the current price level Matic has some strong support at $1.91 & $2.14, a strong bullish continuation pattern is in play for Matic and we can expect to reach our price target at the 127.20% fibs @ $3.47 sooner than you may think, currently only 37% gain away. It is very important for Polygon to flip the 78.60% fibs ($2.41) key resistance into Key Support for this continuation pattern back towards the ATH and the 127.20% fibs.
Polygon (Matic) Update 03/11/21: The last breakout from this tweezer chart formation gave us 77% gains, if this trend continues we can expect to see Polygon (Matic) above $3.69 and heading towards our target at the 161.80% fibs @ $4.22 (104% away from the current price).
Polygon (Matic) Update 28/10/21: $1.63 was the last critical resistance which Matic has now flipped into support above the $1.77, it’s going to be interesting to see just how quick Matic retest it’s previous ATH set in May as Matic is currently only 48% away from $2.87, from here we have the following price targets:
127.20% fibs @ $3.47 (80% Gain from the current price)
161.80% fibs @ $4.22 (119% Gain from the current price)
227.20% fibs @ $5.66 (192% Gain from the current price)
Please see previous analysis below. Happy trading :)
Polygon (Matic) Update 23/10/21: Polygon (Matic) is currently 86% from the ATH @ $2.87 and 174% to the $4.22 target. From the current price we are currently 555% away from Polygon (Matic) at $10, we can expect to surpass this peak bull cycle it's going to be an explosion 🚀
Our current price Targets for Polygon from the current price:
127.20% Fibs at $3.47 (127% Gain)
161.80% Fibs at $4.22 (177% Gain)
227.20% Fibs at $5.66 (270% Gain)
423.60% Fibs at $10.04 (555% Gain)
Please see previous analysis below. Happy Trading :)
Update 16/09/21: Polygon (Matic) To Retest ATH , $4.22 Price Target @ 161.80% Fibs. Matic is looking extremely healthy currently trading just below the key support level at the 38.20% fibs. We are looking extremely healthy for a continuation trend back to the ATH at $2.87. Our target after a retest of the ATH is at the 161.80% Fibs at $4.22 (157% Gain from the current price level). Please see previous analysis below. Happy trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and bottomed out @ $0.64. Currently Matic is trading @ $1.47 and if Matic can flip this key resistance above the 38.20% fibonacci level into support above $1.77, Matic looks poised for a big move (95% back to ATH ) from this support zone . 185% Gain to the 161.80% Fibonacci target @ $4.22. See previous analysis below. Happy Trading :)
Polygon (Matic) Script Buy Signal triggered EMA Crossover SMA Confirms the Bottom and Reversal in Price back to May Highs near the ATH (145% Gain). See previous analysis below. Happy Trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and the bottom @ $0.64, currently Matic is trading @ $1.04. Matic looks poised for a big move (175% back to ATH ) from this support zone . Happy Trading
Polygon (Matic) Update: 05 /08/2021: To Retest ATH @ $2.72 , Next Stop $3.24 @ 127.20% Fibs, then $3.94 @ 161.80% Fibs and $5.26 @ 227.20% Fibs. 121% Gain from current price to the 127.20% Fibs @ $3.24. Matic has been performing extremely well despite the blood on the streets...See previous analysis below. Happy trading :).
$Matic $Polygon
See Previous Analysis Below:
Matic New ATH $2.70 🎯(80% Gain from Buy Zone) Update: 18/ 05 /21 See previous analysis below. Happy trading :)
Polygon (Matic) Update: $1.78 Target Hit. Next Stop $2 at the 161.80% Fibs. 20% Gain from current price level to $2. Next Target after $2 at $2.58, 54% Gain from the current price level. See previous analysis below. Happy Trading :)
Polygon (Matic) Update 14/ 05 /21: Matic in Price discovery , our next target price $1.78 at the 227.20 Fibonacci extension . Targets Hit $1, $1.30, Next Stop $1.35 (7% Gain). With this continued momentum to the upside, it is a 43% Gain from current price level @ $1.24 to the 227.20% Fibonacci extension at $1.78. See previous analysis below :)
Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :)
Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain)
Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :)
Update 20/03/2021
Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :)
Update 20/03/2021
Nice 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.
MATICUSDT-LONGBased on technical factors there is a long position in :
MATICUSDT Matic
Score 3️⃣
🔵Long Now or set on Key Level 2.135
🟢Target 1 2.350
🟢Target 2 2.580
🟢Target 3 2.890
❌Stop loss 2.035
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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Matic Forming Bullish Falling wedge pattern on Higher Time FramePolygon $Matich showed very good strength through out market trend ! matic is one of the best bridge for eth !
Now making bullish falling wedge on 1D and HTF ! on breakout push of 30% to 40% profit expected
Ps:- This is not a financial advice its my observation on charts !