TradeCityPro | MATIC(POL) Fresh Look at MATIC During Christmas👋 Welcome to TradeCityPro Channel!
Let’s analyze POL, formerly known as MATIC, due to your frequent requests. 😊
🌐 Overview Bitcoin
Before starting, let’s take a look at Bitcoin. In the 1-hour timeframe, it is currently fluctuating below the 98807 resistance. This resistance has been tested multiple times, indicating a high probability of breaking through.
It seems likely that Bitcoin dominance will increase along with this potential upward movement. Therefore, it might be better to either
Open a position on Bitcoin itself, Look for altcoins that show a bullish trend against Bitcoin and take triggers to open positions, Just make sure to watch out for Bitcoin’s low volume.
📅 Weekly Timeframe
MATIC, which once ranked well in the market, is now underperforming. The repeated blockchain hacks have caused significant damage to its ecosystem, leading to the rebranding from MATIC to POL.
MATIC could have remained among the top 10 coins, but poor project management caused DeFi activities and TVL to shift to platforms like Solana, SUI, and Base.
Personally, I wouldn’t consider buying MATIC unless its DeFi ecosystem becomes active again. For those interested in purchasing, buying above 0.7629 could be an option, but only if the volume increases for both the coin and its chain.
If you have been holding MATIC for some time, I suggest selling below 0.3636 in the weekly timeframe. On lower timeframes, I can suggest other exit points. Alternatively, you can use DeFi platforms to create USDT liquidity using borrow & lend mechanisms.
Note that MATIC faked the 0.3636 support and rebounded with a bullish engulfing candle, creating a new upward move. Personally, I might become interested in this coin after 1.2457.
🌞 Daily Timeframe
After bouncing from 0.2922, MATIC had a solid upward movement. However, most coins experienced similar trends, so it cannot be said that MATIC outperformed.
If the price doesn’t drop below 0.4738, it can be considered a sign of gradual recovery. This level is significant both from a Dow Theory and Fibonacci perspective. If 0.5794 resistance isn’t broken and the price gets rejected, there is a high probability of losing the 0.4738 support.
I recommend selling your holdings if the 0.4738 level breaks and you have purchased at higher levels. However, if your entry was at 0.3623 or lower, you can continue holding and exit risk-free.
⏰ 4-Hour Timeframe
MATIC is currently stuck below the 0.5316 resistance and fluctuates within the range of 0.4654 to 0.5316.
📈 Long Position Trigger
I would personally avoid this coin due to its low volume. However, after breaking 0.5316, you can open a risky long position if you’re comfortable with the risk. I’d still prefer to long Bitcoin instead.
📉 Short Position Trigger
given the weak condition of this coin, you can consider opening a short position below 0.4654. Keep in mind that your short trades should have quick profit-taking and small stop-losses to exit the market efficiently.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
POLUSDT
Possible scenario for POL for next few monthsHello, looks like we are in a big challenge aren't we?
Not only BINANCE:POLUSDT but also almost every cryptos are dropping hard due to news of the U.S. interest rate cut adjustments.
In last post, I mentioned two possible scenarios, rally or adjustment, and we are in adjustment unfortunately. However, don't jump into conclusion that cryptos are doomed and there will be only a apocalypse. It's too early to say that.
Today, I wanna share my point of view of future scenarios of POL. And I tell you my conclusion first: LONG 📈. Here's the reasons.
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1) Now the price almost touched 60 days moving average line, and 4 Hours Chart RSI is also in oversell area. This can be as a possible support for a short period.
2) Also, the price is almost near of 0.618 level of Fib. retracement($0.45). In addtion, there were a lot of trading volume in the past, which means also there will be a support. I believe that price will not go down easily through this level.
3) If we consider past 30 days of rally as an eliot impulse wave, I think we are in ABC correction phase. And after that, we can think another rally again.
4) If we look into a chart with weekly period, I think this kind of view is also not quite impossible... but it's just my hope for now.
=======================================
Hope my vision will come true in the future. Don't be so disappointed, fellows! Our life and journey are "long", and so is our chart.
POLUSDT - 1H - Critical point: $0.35 - $1POLUSDT - 1H - Critical point: $0.35 - $1
TRADEX BOT NEWS:
We are continuing to move forward with the development of the CEX autotrading bot. At the moment we are testing it on OKx accounts, but we are working to include other exchanges: binance, coinbase, krakken...
We have also added "all" of the exchange's trading pairs.
This will be the first version of TradeX BoT, which will work as a second layer Order Book in CEX markets, hiding our greed (TP) and fears (SL) from the exchanges.
We will have more news soon!
Thank you!
_______________________________________________________
POLUSDT - 1H - Critical point: $0.35 - $1
We are in the support zone of the current bullish trend. It should be a good support point to boost the price up to $0.98-$1.
On the contrary, if it continues to delve into its current bearish channel, it could lose all interest for the investor and could collapse to $0.34 - $0.35.
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TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the process of development and the BETA will soon be ready for testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain values that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
pol pol usdt daily analyses
time frame daily
risk rewards ratio > 5 ( incredibly )
look at the chart
this analyse is base on price action and support and resistance
pol has 2 resistance boxes above its price
the weak one ( red ) and the strong one (blue)
pol broke the weak resistance and price came down little and moved up and broke again.
now it pass the first box and will move to strong one.
if pol can break second resistance ( blue ) we will reach our valuable target and 500% benefit
it is not out of reach
POL/USD 1W !Hello everyone, I invite you to review the POL/USD chart taking into account the interval of one weekend.
As we can see, the price has been moving in a downtrend channel for a long time, where there is still room for price increases.
Additionally, it is worth mentioning that a positive upward exit from the channel may result in a strong increase close to the channel height around $1,89. However, before this happens, the price must overcome the strong resistance zone from $0.78 to $0.91, and then the resistance at $1.09 near the upper border of the channel, which will open the way towards strong resistance levels at $1.58 and then $2.38. Currently, we can see the price staying above the support at $0.59 and further protected by a strong support zone from $0.47 to $0.28.
Polygon (POL ex-MATIC) gets increased accumulation: $1 soon?The Polygon token has reclaimed its position in the top 30 cryptocurrencies with a weekly price surge of ~50%. With this, this Ethereum-based Layer-2 altcoin is regaining momentum and preparing itself to achieve a multi-year high this bull run. We at CoinPedia have created an in-depth Polygon price analysis and possible short-term price targets.
After recording a new yearly low, the Polygon price has experienced a strong bullish reversal. This has resulted in this altcoin reclaiming an 8-month high. Moreover, the altcoin is on the verge of possibly breaching the resistance level of the channel pattern, highlighting increased bullish sentiment.
Moreover, with a surge of 143.36% during November, this altcoin has breached its resistance trendline of the descending channel pattern and has further formed an ascending channel pattern. Notably, this altcoin continues trading within it with a constant bullish price action.
The Moving Average Convergence Divergence (MACD) displays a constant green histogram in the 1D time frame. Moreover, with its averages recording a constant uptrend, the Polygon price may continue gaining momentum this week.
Maintaining the price above its support level of $0.690 could set the stage for this altcoin to prepare to retest its resistance level of $0.890. Furthermore, if the bullish momentum sustains at that point, this could result in it retesting its target price of $1.
Conversely, if the crypto market experiences an increase in liquidations, the POL coin price could retest its support level. Furthermore, if the bears dominate the crypto space, the MATIC price could retest its low of $0.50.
POL/USDT: The Perfect Short-Term Play?POL/USDT – Demand Zone Opportunity with Caution
Polygon Ecosystem Token (POL) is approaching a demand zone that aligns with a Fibonacci retracement level, offering a potential short-term bounce. However, since this is not a high-timeframe (HTF) level , traders must exercise caution and manage their risk effectively.
Buyer Activity : The demand zone reflects a lower timeframe area where buyers have stepped in previously, indicating potential short-term interest.
Fibonacci Confluence : This zone aligns with a key Fibonacci retracement level (e.g., 0.618 or 0.786), which could enhance its strength for a short-term reaction.
Why Traders Must Be Careful
LTF Nature : This is a lower timeframe (LTF) level, making it more vulnerable to volatility and false breakouts compared to HTF zones.
Limited Strength : Since it lacks the institutional significance of HTF zones, the level may not hold as strongly.
Breakdown Risk : LTF zones are more prone to invalidation, so risk management is crucial.
How to Trade POL/USDT Safely
Wait for Confirmation : Only enter after bullish signals like candlestick patterns (e.g., hammer, bullish engulfing) or volume spikes indicate buyer strength.
Set Tight Stop-Losses : Place a stop-loss just below the demand zone to minimize potential losses.
Monitor HTF Context : Align your trade with the HTF trend. If the overall structure is bearish, this LTF zone may not hold.
Use Smaller Position Sizes : Reduce position size compared to HTF levels to account for the increased risk.
Summary :
The POL/USDT demand zone and Fibonacci retracement setup present a short-term trading opportunity. However, the lack of HTF validation means traders should proceed with caution, use tight risk management, and wait for strong confirmation signals.
I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. It’s all about learning and growing together as traders, and I’m here to share what I see.
The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out!
My Previous Hits
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
Bullish Momentum in Demand ZoneI’ve market bought POLUSDT as it’s showing strong bullish momentum and is currently sitting in a well-defined demand zone. The price action indicates significant buying pressure in this area, aligning perfectly with my analysis.
This setup reflects a high-confidence trade for me, as the combination of bullish sentiment and a key demand zone often signals a potential upward move. As always, proper risk management is essential, let’s see how this plays out!
I don't overcomplicate things and add a ton of dirty crap to my charts, but you can check out the success of my analysis below.
I approach trading with confidence backed by experience and past success in identifying high-probability setups.
While I don’t claim to be the best, my track record speaks for itself, and I strive to let my analysis and results do the talking. Watch these levels closely—markets can confirm what charts already whisper. Let’s see how this plays out together.
My Previous Hits
🐶 DOGEUSDT.P | 4 Reward for 1 Risk (or more if you’re bold).
DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P | HTF Sniper Precision
RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P | Buyer Zone So Accurate You’ll Double Check
ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P | Buyer Zone Mastery (CZ vibes).
BNBUSDT.P: Potential Surge
📊 Bitcoin Dominance | Called it Like a Pro
BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P | The Blue Box: A Demand Zone with Potential
WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P | Long-Term Trade
UNIUSDT.P: Long-Term Trade
Now sit back, relax, and watch the market do its thing. Or don’t, FOMO is real. 😉
POL 1$ TargetLike I said earlier, any rebranding is a green flag for investors and an indicator to buy the asset. POL was no exception. 1$ is exactly the target that big investors are waiting for. I think it's no secret that along with Bitcoin, Ethereum and Solana, a major market maker was accumulating POLYGON, which eventually became POL. Bullish!
Horban brothers.
POL/MATIC is bullishNote: The name of the MATIC project has been changed to POL.
It seems that wave E is diametrically over and price is entering wave F. Wave F is bullish.
The main target can be the red box.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Here I buy Polygon Ecosystem Token at $0.45Here I buy Polygon Ecosystem Token at $0.45
with market orders starting at $0.45
And Polygon Ecosystem Token supply shock is happening.
You shouldn't be saying altcoins will moon
I'm waiting for the market correction
sardine
bearish sardines
we've got a lot of bearish sardines butthurt waiting for the market correction here
SEE NO WHALE CARES
swallow until I'm done or
just stfu or gtfo
I'm here for one reason
so don't disturb my altseason
MATICUSDT - POLUSDT 1H - SL and TP LEVELSPOLUSDT 1H - SL and TP LEVELS
SL: 0.39
BUY ZONE: 0.395 - 0.4
SELL ZONE: 0.45
LONG SELL ZONE: 0.57
There are 2 important things to keep in mind when we want to enter a value:
1. The zones of interest, that is, the prices that may be interesting for us to BUY and SELL. This is the basis for building any strategy.
2. The moment when these levels are reached and their subsequent behavior. If our strategy is correct, we will be in tune with the evolution of the price and we will be able to obtain benefits. If, on the contrary, the price evolves unfavorably, we will have to have an SL that covers large losses.
The first point is relatively easy. We see how the price is behaving and we see where it is going and what could happen if it touches support and/or resistance levels.
The second point is quite a bit more complicated because it refers to the moment in which things happen and the execution of orders necessary for our strategy to develop as we have designed it.
At this point you have 2 options:
1. Use the tools offered by the CEX that allow you to set fixed BUY or SELL prices.
2. Stay glued to the screen of your computer or device 24/7 waiting for the MOMENTUM to happen.
With Tradex Bot, things will happen when they have to happen and not necessarily at a pre-established price. Everything depends on the conditions that you have established for the orders to be executed.
TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and graphic design tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders.
This tool is in the development process and will soon be ready for BETA testing.
FOLLOW ME and I will keep you informed of the progress we make.
I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indications. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
Polygon's MATIC transforms into POL: will POL rise back?A couple of days ago, the Polygon chain accomplished its much-awaited migration, wherein POL replaced MATIC as the native gas and staking token. While the newly launched POL is expected to play a crucial role in AggLayer, the community could decide to expand the utility of POL in subsequent phases. While the MATIC on the Polygon zkEVM will be automatically swapped to POL on a 1:1 basis, the tokens on Ethereum and other chains require a manual migration.
Meanwhile, the POL price remained stuck under $0.4 until the traders jumped in with a massive influx of buying volume. The POL price experienced a quick upswing after the volume soared. above $70 million, halting the ongoing descending trend. The technicals have turned in a bullish favour, which revives the possibility of reclaiming $0.5. The bulls are trying hard to materialize a parabolic recovery and a bullish close above $0.44 may keep up the probability of a bullish continuation for the next few days.
The price is trying to set a parabolic curve, which appears to be more likely as the RSI is ascending with the MACD close to undergoing a parabolic crossover. Besides, the steep rise in volume suggests an immense rise in the trader’s confidence. Therefore, the POL price is believed to maintain a steep upswing and rise above $0.57. However, the token may face a pullback before reaching the pivotal $0.6 zone, which may exhaust the selling pressure.
The upcoming quarter is believed to retain a strong bullish momentum within the markets and hence the POL price is also believed to demonstrate some strength. Therefore, as the market dynamics change, the token is expected to reclaim the $1 milestone, validating a move above the bearish influence. Although forming a new ATH remains a tedious job, the Polygon (MATIC) price or the POL price is believed to maintain a slow and steady upswing in the days ahead.
POL (MATIC) ecosystem is expanding...
Hello, traders.
If you "Follow", you can always get new information quickly.
Please click "Boost".
Have a nice day today.
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MATIC to POL upgrade was done on the Ethereum mainnet.
(POLUSD 1D chart)
There are many coins and tokens in the MATIC ecosystem.
Therefore, I think MATIC has a high potential for development.
When choosing an altcoin, it is a good idea to check how the ecosystem it belongs to is formed.
That way, it will not be delisted.
To check the coin ecosystem, you can check it on a site that shows the coin market cap ranking.
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(MATICUSD 1M chart)
The key is whether it can rise above the psychological volume profile range of 0.6221-1.0839.
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(1W chart)
The key is whether it can rise above 0.4965 and receive support.
If not, we need to check whether it can receive support near 0.2950.
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(1D chart)
The key is whether it can receive support in the HA-Low (0.4166) indicator of the 1D chart and the HA-HIgh (0.5142) indicator range of the 1D chart and rise above the M-Signal indicator of the 1M chart.
Currently, the StochRSI indicator is showing signs of entering the overbought zone, so support around 0.3837 is important.
If it is not supported, it is likely to lead to further decline.
Therefore, the time when we can trade is when it shows support near the HA-Low indicator point.
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The fact that the HA-Low indicator was created means that a low point zone has been formed.
Therefore, if it is supported by the HA-Low indicator, it is a buying period, and if it falls, it is likely to show a stepwise downward trend.
The fact that the HA-High indicator was created means that a high point zone has been formed.
Therefore, if it is resisted by the HA-High indicator, it is a selling period, and if it rises, it is likely to show a stepwise upward trend.
-
Have a good time.
Thank you.
--------------------------------------------------
- Big picture
It is expected that the real uptrend will start after rising above 29K.
The section expected to be touched in the next bull market is 81K-95K.
#BTCUSD 12M
1st: 44234.54
2nd: 61383.23
3rd: 89126.41
101875.70-106275.10 (when overshooting)
4th: 13401.28
151166.97-157451.83 (when overshooting)
5th: 178910.15
These are points where resistance is likely to occur in the future.
We need to check if these points can be broken upward.
Since I think it can create a new trend in the overshooting section, I need to check the movement when this section is touched.
#BTCUSD 1M
If the major uptrend continues until 2025, it is expected to create a pull back pattern and start after rising to around 57014.33.
1st: 43833.05
2nd: 32992.55
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MATICUSDT 1D Fibonacci AnalysisMATICUSDT 1D Fibonacci Analysis
The MATIC-USDT pair disappears and is replaced by the POLUSDT quote.
Nothing changes since POL maintains the 1 to 1 correlation with MATIC, but the MATIC price history disappears from the listings...
In order to have a Technical Analysis of POL, we need the MATIC history. Without MATIC data, we will be investing blindly.
Important levels to take into consideration:
SL 0.33 If we lose this price, POL could go to 0.2 without any major problem.
At the moment, it has respected it and could be building a double bottom and at this level, it has marked exhaustion of the selling force below the 15 RSI level.
TP 0.90 if it respects 0.33, POL could reach 0.90, corresponding to 0.5 / 0.618 of the current bearish trend.
POL / MATIC to $9+?Looks like a great entry get into Polygon before they release the Agglayer.
Polygon Agglayer can connect any chains, enabling unified liquidity and seamless transactions through zero-knowledge proofs.
So bullish on the Polygon team and the on-chain statistics with so many active users and so many new chains adding Polygon CDK.
There is great possibility of Polygon reaching to $9 per coin. Which will a valuation of around $90 Billion. Last bull run top layer ones somewhere around that. And now at this bull run we have more Tec and more active users. Seems like an real adoption cycle.
MATIC Surges 6% as Whales Jump In!
MATIC token has just experienced a remarkable surge of 6%, and the cherry on top? Whales are diving into this promising opportunity!
Yes, you read that right! The MATIC token has been making waves in the market, and it's time for us to ride this exhilarating wave. With whales investing in MATIC, it's a clear sign that the smart money is betting big on its future potential. This is a golden opportunity for us to join the ranks of these savvy investors and potentially reap substantial profits.
So, what are you waiting for? It's time to seize the moment and take advantage of this exciting development. I encourage you to seriously consider going long on MATIC, as this surge, coupled with whale investments, indicates a strong bullish sentiment surrounding the token. By going long, we position ourselves to potentially benefit from the anticipated upward momentum.
Why should you consider MATIC? Well, apart from the recent surge and whale interest, MATIC has been gaining significant traction in the market due to its innovative scalability solutions for Ethereum. As the crypto world continues to evolve, MATIC's technology is well-positioned to address the scalability issues faced by many blockchain platforms. This potential for widespread adoption makes MATIC an attractive long-term investment opportunity.
Remember, timing is crucial in the crypto market, and this surge presents a unique chance to capitalize on the growing interest in MATIC. Don't let this opportunity slip through your fingers! Conduct thorough research, analyze the market trends, and consider adding MATIC to your portfolio.
If you're ready to take the plunge and long MATIC, I suggest exploring reputable exchanges that provide a seamless trading experience and offer the necessary tools to maximize your gains. Ensure you stay updated with the latest news and developments surrounding MATIC to make informed decisions.
As always, please remember that investing in cryptocurrencies carries risks, and it's essential to make decisions based on your own financial situation and risk tolerance.
short MATICCRYPTOCAP:MATIC bounced off the resistance level and the descending trendline. Bearish movement to support level at 0.5$ is possible.