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Polygon

My view on Polygon (Matic)Polygon (Matic) works on Web3 platform. I believe it's similar to as 100 years ago people used to send letters and now sending messages anywhere in the world can be accomplished in seconds. Similarly, all this net that we use is mostly Web2.0. The future of the world lies in Web3.0 and it will be very real by next decade and part of our lives. Now coming to trend analysis. What matters most is the team behind the project. The price will keep varying but in long-term it'll yield good profit. Reasons: 1) Scales up ethereum network which can be used for building Web3.0 apps. 2) Will be integrated by Meta (Instagram, Facebook) for NFTs 3) Collaboration with Starbucks. 4) User based work ethic, providing maximum application to users. 5) True to the cause team. And ever growing adoption of the network. Sell limit should be $1.70 in 2,3 months and $2.89 in 4,5 months. And in long term it'll cross all time high and be trading above $5 in years to come.
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by boomboom1212
Matic nearing a potential golden cross. 2 current bull targetsIf the golden cross occurs and sustains itself, we should see both of these bullish targets hit in the near future. We are currently above the yellow neckline and would reach the yellow target first. On the way there it would take us above the white channel, and flipping that channel to solidified support would validate its breakout and take us to the white price target. Best to keep an eye on the top trendline of the white channel as it is imperative that we flip its current resistance to solidified support in order to reach either target. *not financial advice*
COINBASE:MATICUSD
by DrDovetail
2
#Polygon Explodes, MATIC Heading Back to $1?Past Performance of Polygon Polygon often tears higher, even outperforming the market whenever there is activity on Ethereum. However, in the current case, MATIC prices are reaping higher and expanding faster towards September 2022 highs from the middle BB. With a bullish engulfing bar and a spike in trading volumes, the odds of MATIC surging above $0.95 remains high; an opportunity for traders. #Polygon Technical Analysis The path of least resistance has always been northwards, at least considering how MATIC performed in Q3 2022. The primary liquidation line is at $0.95, coinciding with September highs. With buyers in charge, every low might offer an entry with targets at $1, coinciding with August 2022 highs. Notably, the recoil of prices from the middle BB is with high trading volumes pointing to activity. Therefore, while conservative traders may wait for a clean break above $0.95, a follow-through may see MATIC easily float to $1.35, or Q1 2022 lows in a retest. What to Expect from #MATIC? MATIC found support at around the 50 percent Fibonacci retracement level, validating the current uptrend. After a protracted consolidation, there is an explosion in activity pointing to renewed confidence, an opportunity for MATIC bulls. Resistance level to watch out for: $0.95 Support level to watch out for: $0.82 Disclaimer: Opinions expressed are not investment advice. Do your research.
MLong
by Bitcoin_Analyzer
MATIC was rejected from the Weekly Resistance What's Next?MATIC was rejected from $1.014 weekly resistance and has been dumping/going sideways since tapping this zone. However, 4 hour RSI now looks like MATIC is oversold and it will be important to keep eyes at the daily support area for buying some bags. The daily support for MATIC is at $0.7873 - $0.6892. If we lose $0.6892 we can expect a bearish momentum towards the lower channel which will be a bloodbath. Next few days for MATIC are very important I believe MATIC's support will hold & we can expect a pump if market starts bouncing. All the important levels are marked on the chart. Enjoy Trading. (press like 👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis)
MLong
by TychonTrades
Polygon (MATIC) - November 2Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) Above 0.8191, the key is whether it can move up along the uptrend line and move above the M-Signal line on the 1M chart. (1D chart) The key is whether it can rise above 0.9226 and find support. If not, you should check to see if it is supported in the 0.7658-0.8191 section or higher. We need to see if we can move up along the uptrend line (1). ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
Polygon (MATIC) - October 26Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) Whether the price can rise above 1.2246 and sustain is the key. (1D chart) A move above 0.9226 to hold the price is expected to lead to a move towards moving above 1.0731. If not, you should see if there is support around 0.8191. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
1
Polygon: Hammer time! ☝️According to the principle “U Can’t Touch This”, Polygon is pulling the M. C. Hammer move above the blue zone between $0.68 and $0.40, meaning that the altcoin just won’t touch it. Nevertheless, we still expect the cryptocurrency to dive into the blue Zone to finish wave (ii) in blue before rising above the resistance at $0.94, thus affirming further ascent. However, there is also a 42% chance that Polygon could indeed not touch the blue zone at all and instead climb above $0.94 directly.
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by MarketIntel
Matic to 1.01Resistance sits at 1.01 along with the blue .25 fib. There is a head and shoulders pattern at the top but the measured move hasn't been hit yet. I suspect this makes a relief rally then drops by the end of November 2022 down to 0.19, I know that sounds scary but that is where the measured move gets to. some confluence... BTC has a CME gap still open at 9.8k, every 4 years the price drops hard in NOV DEC 2014, 2018, and now 2022... Look at the BTC USD on the binance chart, 1 year ago they tested the 9.8k range in their "flash crash"
MLong
by krjcrypto
Symmetrical triangle on Matic/Polygon On Matic has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish. Entry price: In the apex at 0.65. Stop loss: At 0.67, which is inside the triangle so when the triangle breaks to the downside but after the break to the downside starts trending upwards and is stopped by the stop loss. Target price: Is extrapolated from the triangle height/the upper trend line and this target price set at 0.349. This is also 45% gain if the prediction is successful.
MShort
by vf_investment
Polygon (MATIC) - October 15Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) The key is whether it can support and move up in the 0.6104-0.8191 section. (1D chart) If we see a drop below the uptrend line (1), we need to see if there is support in the 0.7270-0.7658 range. Otherwise, it is expected to decline to around 0.6164. It needs to move above 0.9226 to continue the uptrend. So, the key is whether we can find support and move higher near 0.8191. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
1