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Polygon

Polygon (MATIC) - May 6hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (MATICUSDT 1W Chart) We need to see if we can rise above 1.081. It seems to have turned into a full-fledged downtrend as it fell below 1.225. Therefore, it needs to rise above 1.225 to break out of the downtrend. However, as it is likely to find support in the 0.616-0.819 section and lead to a strong rebound, we need to think about countermeasures. Below 0.616, there is a possibility of entering the mid- to long-term investment area. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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.) ---------------------------------
M
by readCrypto
APE COIN - Key Level is the 17,75$ 🍌🦍Apes Together Strong (and a bit of Monkey business as always): ApeCoin (APE) announced its integration with Ethereum (ETH) sidechain Polygon after the recent Yuga Labs’ Otherdeeds nonfungible token (NFT) minting incident that led to speculation on a new chain for APE. On Sunday, Yuga Labs, the creators of the Bored Ape Yacht Club NFT collection, opened the minting for Otherdeeds NFT land. The drop gained overwhelming support from its community, with an estimated $300 million in sales. Despite this, the drop encountered a list of issues such as pushing ETH gas fees to unprecedented highs, making users pay around 2 to 5 ETH for gas. Because of this, users that failed to mint NFTs but still paid ETH gas fees were outraged and expressed their frustration through Twitter, with some even tweeting that they are pulling out of their APE-related investments. While Yuga Labs promised to refund their gas, some users began to speculate that the failure was a planned marketing stunt, highlighting a problem, then announcing a new chain for APE. However, an ApeCoin decentralized autonomous organization (DAO) representative denies this. ApeCoin DAO Board Member Yat Siu clarified that this is not the case. While Yuga Labs encourages the DAO to think of migrating to a new chain, Siu noted that there was no discussion among the DAO's board members nor with other parties about the possibility of an APE chain. Despite the clarification, some are not convinced and are still unhappy about the results of the event. Twitter user MetaMan said that the facilitators of the event should simply admit that they messed up and that it was a bad idea. ps. Our Fibonacci worked miracles so far..we don't think it will let us down this time either One Love, the FXPROFESSOR
FTX:APEUSDLong
by FX_Professor
4
Polygon (MATIC) - April 21hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (MATICUSDT 1W Chart) Above 1.169: Expected to make a new wave. (1D chart) Resistance: 1.630-1.833 - 1.506-1.630 - 1.833-2.022 1st support: around 1.225 2nd support: 0.616-0.891 The resistance section of 1.630-1833 is an important section to determine the trend. Therefore, after rising to the 1.630-1833 section, it is expected that the trend will continue in the direction of deviating from the 1.506-2.022 section. Therefore, if it fails to move above 1.506 from its current position, I would expect it to move towards the 1.225 area and confirm support. (buy) - After confirming that it is supported above 1.225 (Stop Loss) - When it falls below 1.169 and receives resistance (Sell) - When resistance is received in the range of 1.896-2.022 - When receiving resistance near 2.441 ------------------------------------------------------------ ------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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) In Support Zone!MATIC has been starting to bounce between a $1.30 support zone and a $1.75 resistance since late February of this year. As of right now we have really been respecting the 0.382 Fibonacci level at $1.41 cents. We are also trading just slightly under our POC (Point of Control) on the visible range indicator as well which is about $1.40 cents. On the Stochastic RSI, MACD, and RSI we're in near oversold territory as well. We have a nice wave like troughs on our oscillators. I believe once we get to peak & crest levels on the oscillators we will possibly see a nice bump up to the 0.5 Fibonacci level at $1.66 from these current levels. These are pretty nice levels on the daily for MATIC right now especially on the oscillators. I believe we will inevitably run back up past $2.00 at some point as Layer 2 Ethereum scaling solutions, Metaverse, and ZK rollups starts becoming a strong narrative. As of right now we're in a nice support zone of between $1.30 - $1.45. Keep MATIC on your radars at these levels! Much peace, love, health, and wealth!
MLong
by peacefuljustin
Bitcoin Reclaims $40,000Bitcoin climbed back above $40,000 and it might move to $45,000 amid a broad rally in financial markets, while day-trading favorite Shiba Inu surged more than 30%. Shiba Inu and three other tokens — Solana’s SOL, Polygon’s Matic and Compound’s COMP — were all listed for the first time on Robinhood Markets Inc.’s platform. Shiba, which trades at a fraction of one U.S. cent, was the biggest gainer of the four, which all climbed in price. Bitcoin had dropped Monday to below $40,000 for the first time in more than three weeks. It was about 1.2% higher at $40,315 as of 9:41 a.m. in New York. Ether also strengthened, rising to just above $3,000. Some smaller coins posted larger gains, with Avalanche rising 6.3% and Cardano advancing 2.7%.
COINBASE:BTCUSDLong
by johanpedersen