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$
Polygon
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)
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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)
Matic in USDT Market
These crypto have a 19% profit potential.
From Fandamental's point of view, because he has recently conquered a new price peak and he has a good positive mental condition.
But in terms of technical analysis:
- The ascending channel has a good 161 days
- Very good price response to the midline of the bullish channel
- Good price response to Fibonacci 61.8
- It is currently at its highest good support
1. Observe capital management.
2. Observe risk management to Reward.
Good luck.
