HODling Polygon: I have a planFirst, this is not financial advice. This is simply what I am doing for my adult daughter. I purchased $2500 worth of polygon (MATIC) (on the exchange that recently IPO'd and has a stock ticker symbol COIN) at just over $1.20 per coin and immediately started losing her money. I had wanted to catch the previous price tumble to $1, but I was too late. But, I wasn't concerned... I had a plan. Upon purchase, the big user-friendly-but-wallet-ugly exchange took coins as fees for the purchase. Then, the coin took a tumble with the overall market (typical crypto volatility of late) making me wish I had been even later to the purchase. But, I had a plan. I knew I wanted to move her coins to the Celsius Network, but they are still working on creating better on-ramp (buying) and off-ramp (withdrawing/selling) support, so I was forced to give up more coins to the big user-friendly-but-wallet-ugly exchange to make the transfer of her polygon coins to a better place (Celsius)...my plan all along. Months ago, I had purchased some polygon for myself at .40 per coin. So, I already knew this layer 2 solution for ethereum was a dominant player in this space and volume was continuing to climb. But when I checked the number of D'apps currently using polygon's layer 2 protocol last week, it was over 350 different D'apps! OVER 350! That is growing adoption! I knew polygon's coin price tested $3 earlier this year and with its layer 2 adoption continuing to escalate, there is no reason not to see that $3 number come again and move into the rear-view mirror as adoption grows. I predict $3 before this year ends. $5 to $10 in six to twelve months. My plan for my daughter's $2500 was even more conservative (and profitable) as I knew I could also earn her more polygon coins by simply holding them in a better exchange, the "unbank," Celsius Network. You know, MY PLAN! I created an account for her on Celsius.Network and transferred her polygon from that other, well-known exchange to Celsius...and again, the big user-friendly-but-wallet-ugly exchange took coins as fees for the transfer. But, I had a plan! So, my daughter's polygon is now, finally being HODLed on Celsius. She will earn 10.51% APY on her coins and they will add real polygon (MATIC) tokens/coins to her account every Monday starting next Monday. I will update here with her coin count starting next Monday to encourage others to use these same techniques. I didn't have to do any of the typical staking hassle (no validating or delegating) to position her coins for interest payments every Monday. All I had to do was transfer her coins to the Celsius.Network. They have an app for your phone. If you use her referral code: 1691390756 to create your Celsius.Network account, you will both receive $50 worth of Bitcoin after you transfer at least $400 worth of polygon (or any of the 41 different coins/tokens they support on Celsius) and hold it there for at least 30 days. You will also earn 10.51% APY interest on your polygon coins...in polygon coins. Will this benefit my daughter? Yes, my daughter will also get $50 worth of BTC when you do. So, try it! If you are holding polygon now, why not earn 10.51% stress free every Monday and get the $50 bonus. Use her referral code 1691390756 when you set up your Celsius account. Let me know how you do right here. I will also keep everyone posted on her coin-count every Monday! Good luck! P.S. Polygon is holding above its 20-day MA for now. A good sign.
Polygon
polygon matic price updatepolygon matic network
looking very bullish according to the chart
buying support when price touch bule trend line then we can buy
And
Sell when price touch red trend line
support :-
1.7$ to 1.48$
target :-
2.6$
3$
MATIC Polygon: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polygon (MATIC).
The chart is self-explanatory. Polygon's price is in a multi-month Rising Wedge Pattern and the current price recently made an all time high and currently retracing down to the support trend line (Support 1). The chart shows a few other support trend lines to keep an eye on in case the price starts to fall. The RSI bounced off of the support trend line, which may help the price move up further. The Stoch RSI is oversold and has potential to move up. Also noted in the chart is the 200 EMA (moving average) as well as Volume.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
DogeElon needs Wyckoff accumulation?crab harmonic pattern:
AB=0.38 XA
BC=0.88 AB
1.6 BC=$0.000000368
2 BC=$0.000000603
0.78 XA=$0.000000653
2.24 BC=$0.000000823
0.88 XA=$0.000000917
2.6 BC=$0.00000134
3.6 BC=$0.00000491
1.6 XA=$0.00001
50% Drop for MATIC?I don't know about you but I just see a huge rising wedge, bearish divergence on the daily RSI and MFI and low volume for Matic. The measured moved down coincides with .382 fib level at about $1.11.
Rising wedges have about a 60% chance of breaking to the downside.
Understand your risks and play accordingly.
Good luck all.
Matic bearish correction? Hello everyone,
Matic is showing weakness and I would not advice anybody to get into the market right now.
I think we need to wait for Matic to go back to the trendline and see how it reacts, if the trendline is not going to hold then we may take in consideration the $2.0 level or even the $1.7 level.
Matic had an amazing run, it does definitely need some resting.
Have a nice trading week!
Bullish thoughts on MATIC by WeedlejuiceRanging between 2.7 - 2.47. Last pumps were driven by volume, so yeah, we need some volume lol. Stoch is about to cross over bullish, ATH has been breached, but I would watch out for the bearish divergence on the RSI. Aside from that I think it won't be long before a MATIC run. Oh, and the magnet! Don't forget about the magnet!
Number go up
MATIC should be watched carefullyPolygon coin is in a fragile state and it managed to go above the ATH point but it went back down from it and that for me is not good and calls for more decline plus the negative divergence doesn't make things better. I wish this year could be as good as 2021 but meanwhile be careful. One thing is certain that the crypto market is destined to go very high up in the long run, so long term investors I think are safe.
Polygon MATICUSD Reversal Head and ShouldersMATICUSD chart 4 hourly showing a bullish to bearish head and shoulders pattern. Will look to follow the chart down to support zone at $2 and look to go long there for a target $5+. Watch this space
Matic (Polygon) 2022 analysisHello everyone,
Here are my thoughts on Matic for the new year.
Let me know in the comments your thoughts !
Have a nice trading year.
BITCOIN Weekly (Log) TA : 01.01.22 $BTCAs we can see , the price has been fluctuating in a neutral range in the last 4 weeks. If the weekly candle closes below $ 45,500 in the next 1 day and 9 hours, we can expect a fall to the first support level (The range of $ 40,000) . Significant resistance (Static) in the weekly time frame is in the range of 52K. The break of support or resistance in such a situation will give us an important view of the market that we can trade base on it .
Full View :
Follow our other analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 01.01.2022
⚠️(DYOR)
❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Polygon ($MATIC) FIBPolygon ($MATIC) FIB: $MATIC at a key support level as this is the 3rd time in as many days that $MATIC visits this zone. MACD crossed over and RSI is heading towards the midline. I would like to see $MATIC respect the Base line before heading back UP
MATIC - AUTOMATIC BULLWatch this one move...
Stocks & Metals are suffering AMEX:BITO
Buying non-stop bots will slam sellers
COINBASE:MATICUSD
BINANCE:MATICUSD
FTX:MATICUSD
BINANCEUS:MATICUSD
BITTREX:MATICUSD
KRAKEN:MATICUSD
GEMINI:MATICUSD
BINANCE:MATICUSDTPERP
POLONIEX:MATICUSD
BITSTAMP:MATICUSD
BUY
MATICUSDT 1h head and shouldersThis is my idea about Matic next move
Neckline just broke
You can see it in chart
Polygon (MATIC) About To Set New All Time HighsPolygon (MATIC) has been on a nice steady uptrend and doesn't show much signs of slowing down. Matic has continued to set higher lows and higher highs. Fundamentally there's a lot of positive momentum and sentiment in Matic considering their utility when it comes to NFTs, Ethereum Scaling, ZK rollup technology, metaverse, and gaming. These are all strong narratives that will continue to grow through out 2022.
As of right low local support is at $2.40 -$2.50. A lot of accumulation happening around $1.85 - $2.00.
MATICUSDTI am sharing resistance and support areas of MATIC in USDT pair and also sharing possible long term targets.
I can see there is a symmetrical triangle on RSI which is a bullish pattern.
#DYOR
Polygon/MATIC short-term targets in Q1-Q2 2022Some of my conservative short-term MATIC price targets in Q1-Q2 2022.
MATIC/USDT Break down And Now Entered in Bear Zone#MATIC/USDT
$MATIC break down Support level.
Now Strong support became strong resistance.
Resistance level:- $2.50
Now $Matic is bearish because Support also break down.
Next Support is $2
So If you open any Long Positions on $Matic Please keep an mind Resistance and Support level.
Support:- $2
Resistance:- $2.50/$2.70
Polygon MATIC to pull back to my buy zonePolygon is holding strong in comparison to broader ALT pull back in line with BTC price action. If history repeats itself, we may see polygon could pull back to my buy zone of $2 and below for a great add.
Polygon ($MATIC) New FIBPolygon ($MATIC) New FIB: MATIC started its BULL cycle last month and after 2 BB squeezes to the upside, $MATIC made ATH on Dec 27, 2021 ($2.92). Lots of momentum left for $MATIC to keep up with the pace. Market is not even close to being over-bought so more upwards price action "is on the horizon"
LONG on MATIC from Retracement Matic undergoing correction now, has pulled back a ratio of 0.382.
After an extended rally, we expect retracement of MATIC down to the lower support zones around @ 2.232, where we look to BUY or LONG.
This area is the golden pocket, a 0.618 retracement from the ATH where we look for a solid rebound. This region also overlaps with the 200 EMA on the 4H, which can provide even more support.
Highly likely the MACD would reach oversold once we hit this level.
Buy zone : 2.20 - 2.28
SL 2.02
TP 2.67 (0.786 fib level + major resistance region)
