Get started

Polygon

MATIC: Another BUY SIGNAL Hey guys, this is Julie ^^ Let's talk about MATIC today: In my last analysis, I told you that it was a good place to buy MATIC, and now, it looks like it is finally confirming. The green line resistance level has been lost, it looks like it will close above it today. For me, this is the last confirmation I needed to buy MATIC. It's near the 21 EMA, near the support level (orange line), near the 61.8% Fibonacci Retracement, and we still have this amazing divergence on the OBV. OBV: As you can see, the green line was a top before, and we are at the same price level today, but the OBV is MUCH higher than it was back then. When we have a divergence from the price trend, this indicates that a reversal may occur, and this is an incredible buy signal. I really believe this is the best place to buy MATIC, if you have not bought before. Thanks for reading! Don't forget to support me with your like and subscription =D Bye bye!
M
by Juliehodler
1
MATIC♾️ reloadedLast Polygon triangle breakout trade ended with profit... 👇 Now I have a new setup for you! MATIC ♾️ seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.95 and even higher. ENTRY : local high @ 2.161 SL : local low @ 2.056 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.95 RRR : 7.5 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MLong
by bizmark
Reasonable for MATIC to reach $3.00 within the next yearStrong healthy uptrend from the start, no parabolic movement since May 14. MATIC is finding support around $2.00, we may not have many more opportunities for an entry price below that level of support before the next upward movement. The chart indicates that short-term downward movement may be likely to continue, providing investors a more ideal entry point before new ATH is possible. The price action of 10x is unlikely because it would require MATIC to have a market cap ratio to bitcoin of 20% at BTC present-day value. This token has plenty of room to increase in value and a low chance of fading out in the near future. It will be reasonable for MATIC to reach $3.00 within the next year.
COINBASE:MATICUSDLong
by lydiascherr777
MATIC triangle breakoutIt's been weeks since my last Polygon trade 👇 Now price seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.275 and even higher. MATIC , come on!♾️ ENTRY : local high @ 1.867 SL : local low @ 1.743 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.275 RRR : 3.3 INVALIDATION : when SL level hit Check my other stuff in related ideas. Please like👍, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
MLong
by bizmark
MATIC - Redistribution in play? Granted, the chart looks bare bone but let's get straight to the point. These huge long wicks to the upside signal massive selling in those areas. Perhaps MATIC needs to come down before it starts trending up again. Compare to May 10 and May 24 and the result was -60$ from it's closing price on the bi-weekly candle on May 24 / June 7. Let's not get TOO excited about a possible Christmas rally as we may have a similar result compared to the summer drop. just my thoughts on this one. Not financial advice.
M
by GhostCrypto
Potential Breakout in MATIC, Will Head Towards 3Trend Analysis The main view of this trade idea is on the 4-Hour Chart. The cryptocurrency Polygon (MATIC) had been in a rangebound mode after hitting resistance around the 2.20 price level is late October 2021. The cryptocurrency found some support at the 1.45 price level where it made sharp moves higher over the last couple of weeks, testing and breaking above 2.20. Expectations are for MATIC to continue this move higher, with a target of 3. Failure of this projection will see MATIC trading around 1.80. On the Daily Chart MATIC is in an upward trajectory, with some resistance around the 2.5 price level. Technical Indicators There has been recent crossovers on the short (50-MA), medium (100-MA) and long (200-MA) fractal moving averages. MATIC is currently trading above all 3, which is a bullish sign. The RSI is above 50 with the KST recently making a positive crossover. Recommendation The recommendation will be to go long at market, with a stop loss at 1.8 and a target of 3.0. This produces a risk/reward ratio of 1.23. Disclaimer The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing I have exposure to MATIC.
FTX:MATICUSDLong
by Ceddy86