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Maticusd

Polygon Analyze (Road Map, 03/14/2023)!!!🗺️Today let's take a look at Polygon project 🗺️roadmap🗺️ in daily time frame. First, let's take a look at the fundamental. Fundamental : Polygon is a layer-2 scaling solution for Ethereum which aims to address the scalability issues on the Ethereum network by providing faster and cheaper transactions. Polygon utilizes a network of sidechains to enable fast and secure transactions, allowing users to transfer assets between Ethereum and other networks. Polygon has a strong development team that is dedicated to improving the network and expanding its capabilities. This is evidenced by the frequent updates and upgrades to the network that are aimed at improving its scalability, security, and functionality. It also has strong partnerships with notable players in the blockchain industry, such as Aave, Curve, and Chainlink, which increases its credibility and reputation. Overall, the combination of strong partnerships, a dedicated development team, and impressive growth make Polygon a promising project in the blockchain industry. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Technical : It seems that Polygon has started to form a zigzag correction(ABC/5-3-5) after completing its 5 impulse waves in the 🔴resistance zone($1.488-$1.249)🔴, so that wave A has ended on the important uptrend line. 💢Currently, the Polygon is moving in the Time Reversal Zone (TRZ) and near the resistance zone. 💢Polygon can also form the fan principle at top pattern. 💢In addition, the sell signal is created by the 50-SMA and 50_EMA. 💢The RSI indicator is also rejected from the 50% line and above the descending channel.👇 🔜I expect the Polygon to decrease to the 🟢support zone($0.77-$0.69)🟢after the important uptrend line breaks. Polygon Analyze ( MATICUSDT ) Daily Time frame⏰. Do not forget to put Stop loss for your positions (For every position that you want to open). Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
MShort
by pejman_zwin
11
MATIC Update 2023-5-13The critical point of 0.73 is marked on the graph. If the price drops at this point, important resistance will be lost and it is possible to drop the price to 0.42 or less. Otherwise, we can expect a price increase, which should be re-analyzed. Note : This is a Personal Idea ---------------------------------------------------------------------------------------------------------------- Der kritische Punkt von 0,73 ist in der Grafik markiert. Wenn der Preis zu diesem Zeitpunkt sinkt, geht ein wichtiger Widerstand verloren und es ist möglich, dass der Preis auf 0,42 oder weniger sinkt. Andernfalls ist mit einer Preiserhöhung zu rechnen, die erneut analysiert werden sollte. Hinweis: Dies ist eine persönliche Idee
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by morteza291
Polygon MATIC price beckons to buy, but where?)Exactly 3 months have passed since the publication of the idea with our global vision of possible movements of the MATICUSDT price. The first part of the idea has clearly worked out the $1.50 target, and the second part of the idea with a correction to $0.5 now looks unlikely. It is more realistic to assume that the "buyer" who did not allow the MATICUSD price to fall below $0.70-0.80 during the second half of 2022 will not allow this to happen in the near future. Therefore, we consider the $0.70-0.80 zone to be ideal for buying MATIC into the medium- and long-term portfolios with the first take profit not earlier than $2.50 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
45
MATIC/USDT 1DAY UPDATE BY CRYPTO SANDERSHello, welcome to this MATIC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Polygon (MATIC) which is currently the world’s tenth-largest cryptocurrency, fell for a fifth straight day. MATIC/USDT plunged to a bottom at 0.866, less than a day after the token was trading near 0.90. This latest decline in price has pushed Polygon to its lowest point since January 11, when it traded at 0.84. Looking at the chart, this spell of sell-offs has sent the RSI below 30.00, which is deep in oversold territory. The last time price strength tracked this low was back in July 2022, which may give bulls optimism that a reversal could be soon approaching. MATIC is now trading at 0.8723, which is marginally higher than its earlier lows. Hit the like button if you like it and share your charts in the comments section. Thank you
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by CryptoSanders9563
6
Polygon (MATIC) formed bullish Gartley for upto 91% rallyHi dear friends hope you are well and welcome to the new trade setup of Polygon (MATIC) with US Dollar pair. Previously I shared a long-term trade setup for MATIC which produced more than 246% rally as below: Now on a weekly time frame, MATIC has formed a bullish Gartley pattern for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MLong
by moon333
1
MATIC idea sharing1D chart: At present, MATIC takes support and resistance at 1.3121 as the key price. After MATIC fell below the inverse cup and handle pattern (below 1.3121) in April last year, the lowest price reached 0.3157. After that, the price appeared higher low and higher high, and there was a situation of breaking through the resistance of 1.3121. Pay attention to whether MATIC is effectively supported by the support trend line below. If the support trend line is broken, a bear flag pattern will appear. - 4 hr chart: In the 4 hr chart, MATIC has shown a triangle convergence pattern and has broken the resistance trend line. Pay attention to the previous high of 1.2507 and the stop loss price of 1.0239. If there is a breakthrough of the previous high of 1.2507, there is a chance to challenge the resistance of 1.3121 again. -
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by noah_chen
Polygon [MATIC] will see more sell pressure below $0.9780Price action faced rejection at the bearish OB on the 2-hour chart at $1.0140 and dropped to bullish OB at $0.9854 (cyan). A close below the support (cyan) and confirmed downtrend could push MATIC to $0.9515 ( a bullish OB on the daily timeframe). The RSI and OBV dipped - buying pressure eased. But RSI was in a neutral position. Entry: $0.9780 (below bullish OB) Exit/target: $0.9515 (lower support) Stop-loss: $0.9865 (above the bullish OB) R:R - 3
MShort
by AMBCrypto_TA
MATIC Polygon Price Targets after the FOMC meeting this weekThe upcoming FED meeting on May 3rd could cause a further decline in the crypto market due to the potential rate hike and ongoing unease around banking system developments. The outlook for the crypto market after the upcoming FED meeting on May 3rd is bleak. Fears of a deep credit crunch caused by Silicon Valley Bank's collapse have not yet materialized, and the financial situation is much steadier. Additionally, inflation remains elevated, and with evidence of stubbornness in underlying inflation, it could be in the 4% to 5% range, far above the 2% inflation target. The markets are pricing in a 25bp Fed Funds rate hike to 5.25% at the May FOMC meeting, and given the steadiness in financial markets, persistence in price pressures, and continued decent activity, this could contribute to a further downturn in the crypto market. MATIC/USDT short Entry Range: $0.95 - 1.10 Take Profit 1: $0.90 Take Profit 2: $0.79 Take Profit 3: $0.63 Stop Loss: $1.26
MShort
by BuySellMarketMaker
1
MATIC - A breakout is coming! Given the anticipated downward trajectory of BTC from its current levels, the price of MATIC will likewise experience a decline. Consequently, a break to the downside is expected, and it may be prudent to adopt a wait-and-observe approach for more favorable pricing opportunities. It's said that one day, the mighty MATIC will set its course for the moon, but for now, it seems to be headed back down to Earth! Keep your eyes peeled and your senses sharp, as this journey promises to be a wild ride filled with unexpected twists and turns! :)
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by MBM_Crypto
8
Matic - Trade ExitTraders, As explained in the video I just released, this recent crypto price action up all simple appeared to be a bull trap. I was growing more and more bearish as I did my video and indeed, by the time the video was ended, I felt it was time to capture my meager profits in MATIC for another very small win and get out! As it was the drop happened so fast, I was barely able to do that. I will NOT be looking to enter back into any trades until BTC does as I have been expecting it to do (retest that neckline at 25.3k - see vid for more), or until we start to capture some new pivot highs. Until then, alts will probably just follow the big dawg (BTC) down. Best, Stew
COINBASE:MATICUSD
by stewdamus
1
Quick Update on MATIC: Here's a quick look at MATIC 2-day chart. Upon analysis, it appears that the current price of MATIC is undergoing a retest of the lower trendline. Should the price break below this level, a more substantial downward movement is expected to occur. Consequently, it is recommended to closely monitor this rising channel, particularly in the event of a downside breach. Furthermore, the ongoing downward trajectory of Bitcoin suggests a high likelihood of a corresponding decrease in the value of MATIC. In the event that Bitcoin retraces to the $20k range, it is anticipated that MATIC's price level will decline to at least $0.5. However, it should be noted that the price of Bitcoin is expected to continue decreasing from its current level, which further suggests the possibility of a downside break in the rising channel for MATIC as well. ------------------------------------------- About our trades: Our success rate is notably high, with 10 out of 11 posted trade setups achieving at least their first target upon a breakout price breach (The most on TW!) . Our TradingView page serves as a testament to this claim, and we invite you to verify it! ------------------------------------------- Recent Altcoin trades: ARB / USDT: 30% profit! ROSE / USDT: 5% profit! ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
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by MBM_Crypto
18