Matic resuming uptrend?MATIC currently in a falling wedge during an uptrend. A bullish continuation pattern. Note the high volume upwards, and low volume downwards. This indicates small entities taking profit. Momentum indicates MATIC is oversold, so upside is to be expected.
Maticnetwork
₿ MATICUSDT 1D ₿ : 29.Oct.2021 (Update)In just 5 days, nearly 40% profit and see how beautifully it hit our targets and then started to correct ... After a short correction, the price will move to our targets again.
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @Ar_M_An_4
📅 29.Oct.2021
⚠️(DYOR)
MATICUSDT ✈MATIC forecast .
MATIC is the native cryptocurrency of the Polygon network and is used to help drive development across the network and can be used for staking and paying for transaction fees. Users can earn MATIC tokens by providing computational resources and services to the Polygon network.
Polygon MATICUSDT Late Entry Attempt with Stop losswe can attempt to enter maticusdt pair with the stop loss on the lower high that is 1.928 with the entry on current price in case it continues its trend and make higher highs on its way up.
Matic Chart Analysis If You Are A Holder Of Matic, You Can Sell At Strong Reversal Zone.But Do Your Own Analysis. I'm Expecting A Reversal From 2.9$ Price Level.
MATIC Retesting Local Support Before $2.70 and BeyondMATIC / POLYGON is an absolutely fantastic project that has a ton of growth and longevity. During the year's earlier run up, MATIC reached an ATH (all time high) of $2.70 which will be tested again soon after this key level of support is tested. If you can remember, during the last run up, MATIC continued sky high even as BTC and the major market was correcting, showing that this coin has the gas to keep running against the market. This is not financial advice, but I've been LONG on MATIC since $0.65 and I truly believe this will be a $10-15 asset by Spring-Summer 2022.
If you are long on MATIC and want to hear more analysis and fundamental updates on MATIC, SHIBA INU, KUMA INU, HINA INU, BTC, SNX and more, please drop me a like and don't be afraid to subscribe to my youtube channel linked in my bio where I'll be posting more frequently.
Matic - is going sky rocket 🚀🚀MATIC is a very strong project from a fundamental point of view. The price has risen from its low to its high by more than 10,000%. Since May this year, the price has been in a downtrend. But as the bull market for bitcoin continues, we should expect a resumption of growth. A trend line has now formed on the chart, the price has broken through it and is now testing it as support. On the technical analysis side, this is a good buying opportunity.
Resistance lines are marked at the top.
In case of a false breakout, the price may correct to the area marked below.
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 / USD — MATIC Trading ☆ Long TermHey!
Current price action for MATICUSDT showing big consolidation pattern. Which can resume the trend within next month. So far we experiencing breakout from this triangle, but it wont go instant to upside. So I am taking small steps and buying dips.
My final target located near $4.0 per MATIC, which sounds reasonable, if we are looking at size of this triangle.
Using Fibo levels on the chart might help you to find extra entries/targets. And make sure you understanding the risk, please follow your strategy and make your own research.
Best regards
Artem Shevelev
Polygon Matic to Explode FurtherMatic with a weekly squeeze about to fire is ready to explode. We may get extended bullish movement over next several weeks. On all major dips, consider adding into your positions.
My first Price Target is $2.30. We may hit $4 in the near future.
MATIC breakoutMATIC may have broken out already. It appears to have broken above the descending trending line, retested and now moving upwards.
If it can get above $1.8 then it will likely retest it's ATH. A measured move out of this descending channel would take us near $5.60 which also happens to be the 1.618 of the fib extension.
A bolder target assuming a move from the bottom of this larger triangle would have targets of $14.4 a nearly 850% gain.
Either way MATIC looks quite promising at the moment.
Polygon (Matic) To Retest ATH, $4.22 Price Target @ 161.80% FibsPolygon (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.
Why should you buy a MATIC 🤔❓MATIC is a very strong coin from a fundamental point of view. How quickly this technology has flooded the blockchain sphere says a lot already.
From a technical point of view, a trend line has formed on the chart. The price has already tried to break this trend line, but it failed and ended up with a false break. But at the same time MATIC continues to consolidate near the level, this is a good signal, the longer the accumulation, the stronger the momentum will be.
A good buying opportunity would be a breakout and retest of the trend line as support.
What do you think about this coin? How much do you think it will be worth in the future?
If you would like us to analyse your coins, post in the comments below (only one coin).
Matic long, buy and holdsoon there will be a break out of matic from 1.676, if it closes above that level for 2 days we can expect a new all time high
and i am expecting it to go all the way to $4
tp 1 - 2.7
tp 2 - 3.5
tp 3 - 4
MATIC - What's Next?Okay so Matic since my last post has done wonders and has given my followers massive profits :-).
MATIC shot up so hard and broke all the resistances, however, we got rejected from the 0.786 of the last high exactly just below my TP2 :-), MATIC is now resting/retesting and it is all fine for a healthy move.
I believe that once we break the new resistance trendline this move will take MATIC to $1.6 and $1.7.
Btw, this is just a shortterm analyses on MATIC, for Longterm, MATIC has not even started yet ;-)
Good Luck!
If you liked this idea give up a thumbs up guys ;-)
Matic on triangle. Polygon, on triangle. Will it break no to the upside or e will still see a completion of E wave before it takes off?
MATIC - VET - ZIL - QTUM! WHEN MOON?I posted regarding MATIC setup yesterday, it had an inv H&S and was looking very bullish.
We all witnessed the MATIC pump today, it had a GOD candle and it was under the top gainers on Binance.
Now some of the altcoins have very similar structures and mostly looking ready to pump!
VET, QTUM, ZIL and many others are there but posted regarding those three!
Are we ready to moon? I have posted the VET trade setup here:
Hopefully it will playout soon :-)
Like and share!
MATIC trending higher, key steps for breakoutMatic is currently trading at $1.4, up 15% from yesterday's close. However, don't immediately hop on a pump. Price is currently approaching significant downtrend resistance, which might lead a retracement to the 1.3-1.2 zone.
In the case of a breakout from resistance, we may expect a large move in the mid-term, with targets at 1.7 and 2.4.
MATIC WILL PUMP?Matic looks to form a chart pattern, cup and handle, triangle pattern and is in the golden area on the FIBBONACI retracment.
If he managed to cross the resistance line please buy!
MATIC - MASSIVE BULLISH FALLING WEDGE WITH TARGETSMATIC has shown us the strength even against the Bitcoin in the last crash.
In April, when whole market was crashing, MATIC (POLYGON) has been making ATH.
However, when the sell-off started after a massive run-up, MATIC took the correction and since then the price has been consolidating under a bullish falling wedge. MATIC has been in this falling wedge since the last 6-7 months.
Another amazing thing to watch is that MATIC is creating bullish falling wedges inside the massive bullish falling wedge and these patterns are breaking-out indicating that this massive pattern will also break-out.
For MATIC, if you want to long/buy spot you can do it on a breakout of the marked trendline or a retest of that trendline because MATIC will go parabolic once the trendline is broken.
For MATIC, my short-term targets are $1.6 - $2 but my longterm targets gonna be $3 - $4.
MATIC's Current Price: $1.334
Keep Learning & Earning!
If you liked this idea make sure to give a like and a follow :-) .
MATIC NETWORK May see a huge gainMATICUSDT have formed a very nice falling wedge and this has caught my eyes because for such setup to be completely dusted we need to see price get back to start of the formation.
Price have broken out of this setup, formed and broken out of a bullish flag and is in the process of retesting the breakout point or let's say forming another bullish flag.
Let's see what happens from here on.
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
MATICUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
Maticusdt go to break outMaticusdt is in a triangle in the daily time frame, and if it cuts the top side in the range of 1.6 to 1.65 as seen in the Rsi chart, it can see good growth.
Matik - the best place to buy here ❗❗❗❗On the Matic, a trend line has formed on the chart. The price has broken it and is now testing it as support. This is a good signal for the continuation of the rise. Additionally, price is forming higher highs and lows, which also indicates that locally, on the smaller timeframes - the trend has reversed.
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.