Breakout Matic on weekly levelsMatic has broken the weekly setup for the accending triangle. With the talks coming up it could mean that Matic will be pumping the rest of next week and even more when these talks tend to be possitve. We might see an retracement to the upper line of the triangle, so for now i remain very bullish.
Target for me is somewhere between 6 and 10 dollar. Time will tell when its time to sell. DYOR
Note:
This is an longer term trade.
Polygon
#Matic getting ready for $2.99 & 3.783 respectively MATIC is getting ready for a major up-move I have highlighted the levels in RED which are good DCA levels for Long Term.
Nearterm we should see matic moving towards $2.99
Matic is a HODL for Long term.
*I do not post charts for day traders / speculators
Matic AnalyzeMatic Analyze
*DISCLAIMER*
I am not a financial advisor. The content I create should not be considered financial advice, and is for entertainment purposes only! This is a video for entertainment purposes ONLY. If stocks are mentioned on this videos, I may have an ownership interest in them (i.e. bought some shares) so please DO NOT make buying or selling decisions based on these videos. If you need advice, please contact a qualified appropriate professional for the subject you would like help with financial advice
MATIC out of the Fibbo/Circle Target zone ! Seems the oprice cant go up fast because there is a lot of liquidation going on, now its going outside the main Fibo Cirle zone this is a grat opportunity to get in !
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***Polygon Future Price Predictions***
CoinQuora has a 2022 price target of $7.50 and a 2025 price target of $35. The 2022 price target represents an upside of 259%, while the 2025 target represents an upside of over 1,500%. CoinQuora cites Polygon’s exciting new developments and partnerships as well as technical analysis as reasoning for its price targets.
GovCapital has a 2026 price target of $10.92. This target represents an upside of more than 420%. The price target is based on a “custom algorithm” based on deep learning. The algorithm takes several factors into consideration, such as volume, market cycles and the performance of other coins.
WalletInvestor has a 2026 price target of $10.66. This price target represents an upside of 410%. The target is based on their artificial intelligence (AI) model and technical analysis.
Finally,
Digitalcoin has a 2028 price target of $9.33. This target represents an upside of 346%. Digitalcoin developed their Polygon price prediction based on historical data and a proprietary algorithm.
MATIC Following BTC Correction [10:51/Dec 3] MATIC Following a correction we have a main support resistance line that will impact the price and decision of the trend, some how it looks it can go and find a bottom around $2 this all depends on how low BTC can go on this weekend correction.
Get ready to add more matic later this day.
MATIC Polygon: Catch The Re-testHello friends, today I am completing a technical analysis on the 4H linear scale chart for Polygon ( MATICUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted.
Congrats to everyone that caught Polygon on it's recent pump!
#CryptoPickk notes the following:
1) Polygon price has been in a multi-month triangle (in cyan color), which is almost at the apex.
2) Most recently since the end of October 2021, the price has been moving in a descending channel (in red color), which it broke out. The breakout also brought the price to the top trendline of the triangle pattern as well. The price is also supported by another trendline (in green color).
3) In most cases, when price moves up this fast, it goes back for a re-test of the pattern before breaking out further upwards. The descending channel re-test may be possible which is outlined in the square box (in white color).
4) The Fibonacci Retracement at 0.786 level may be a place where the re-test may occur (above or below slightly as well).
5) The price is above the Ichimoku Cloud which is currently green (bullish) but has a hint of red (bearish).
6) The RSI (relative strength index), Stochastic RSI (Stoch RSI), MACD, Money Flow Index (MFI) and Fear and Greed Indicator are all in or near the overbought region. This may show some signs of price correction to help the indicators cool down.
7) The Volume is strong.
8) The Volume Profile (VPVR) is showing support and resistance at the re-test area as well.
9) If the price re-tests within the square box, the price has potential to move up about 25% to the 1.618 Fibonacci Extension level at $2.46-$2.50 range.
10) MATICUSD is looking very bullish for December.
What are your opinions on this?
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
Matic short-term prediction ATH is most time a stronger resistance in Altcoins.
But Matic had long cool-off and accumulation phase and looks strong also great momentum and great fundamentals.
Chose your fighter! 1/2 $MaticMatic been doing good lately, but there is a chance to retest fib .618 before go up and beyond!
NFA as always..
goodluck traders ;)
Polygon (MATIC) to $4.00Polygon (MATIC) is right on the doorstep to retesting its prior all time highs set back in May at $2.70. Technically and fundamentally MATIC has a strong narrative that will most likely push this cryptocurrency into another price discovery phase. Ethereum scaling, gaming, play to earn, NFTs, and the metaverse are all narratives of what MATIC is involved in. I believe positive momentum in Ethereum's price will slowly trickle down to MATIC.
Once we break past $2.25 resistance area for MATIC I do believe we will grind up to the 1.618 Fibonacci extension of $3.97 setting a new all time high in the weeks or months to come.
Local Support: $1.90
Major Support: $1.50
Current Resistance: $2.25
Much peace, love, health, and wealth.
MATIC (POLYGON) RESULTin the previous analysis when I introducded MATIC the price was about 1.6$ and at the moment it is 2$ which means that it experienced around 35% growth.
however,I analyzed it for mid-term.
check the link below to see the previous analysis.
I think MATIC ...Hello Everyone
#MATIC adjusted to the $ 1.4 range after failing to cross the $ 2 range, from which it has again reached its $ 2 resistance level.
In the daily time frame, it seems that Metic is inside a triangle, and if he manages to break the triangle from the top, progressing to the range of 2.7 is not far off.
But if it fails to break the triangle from above, limits 1.8 and 1.4 are important meticulous supports.
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If you have any questions, you can write it in comments below, and I will answer them
And please don't forget to support this idea with your like and comment, thank you...
UNI goes for $28Uniswap is probably preparing to use the Polygon blockchain and it will be huge.
Uni has recently broken its downtrend. But now isn't a good time to buy (Risky)
There is a possibility of Pool-Back to the green zone and that's a good opportunity to enter.
Dear Friends, Always consider that not losing is better than not gaining. There will also always be good opportunities, so never get involved with FOMO.
Good Time
Polygon (MATICUSD) has Nested 1-2,i-ii Elliott Wave SetupPolygon (MATICUSD) has a wonderful nested "1-2,i-ii" setup in place after our recent pullback. In other words, we have a larger 1-2 in place and now a smaller-degree 1-2 in place as well with the rally and pullback over the past month or so. However, there reason to be cautious as this smaller-degree 1-2 has extended beyond the standard expectation of hitting the 0.382-0.618 extension range. While this could very well indicate incredible extension potentials overhead for the remainder of our 3rd wave, the structure can just as easily be interpreted as a giant A-B-C corrective wave up for a larger-degree B-wave fakeout rally, which can easily drop us deeper than our low from this past summer! I will remain bullish until we break the primary 1.00 support however.
With this pullback, we may very well have our last window to deploy lump sums of cash into Polygon if you are trying to build your position. To those considering starting to dollar-cost-average (DCA) into Polygon (as well as all the cryptos in general), I would recommend possibly starting with a sizeable lump sum right away and then reducing your regular DCA purchases into the future. This would keep your cost-average lower as I expect the 3rd wave to really take-off (in other words, less buying at higher price levels).
If we can hold our immediate upside support of 1.23, we are still looking at logarithmic Wave 3 projections of 4.86 to 6.35 with 6.35 being a likely strong resistance. Wave 5 projects to 7.49 to 9.78 but with a strong likelihood of extending to the resistance level at 12.85 for an 8.5x return.
Finally, there is an outside shot that Polygon extends all the way up the major 0.618 extension level of 26.31 for a 17x return as our final top! But that will remain of low likelihood until we see strong extensions within the 3rd wave first. If history and fractal patterns serve as any indication, there's a solid chance of seeing a parabolic 3rd wave with this one!
As this top along with the top of most altcoins will coincide with the MAJOR top expected in BTC and ETH, we may experience a devastating crash across the entire crypto world afterwards. That would be a great time to take profits and reallocate into other asset classes or even Stablecoins, which are designed to hold a constant value in the face of crypto sector volatility (just like Money Market funds or Savings Bonds). But until then, we've got a very bullish outlook!
I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this video is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels.
#matic #polygon #polygoncrypto #maticnetwork
MATIC - 2021 Top PredictionTop of the Mornin' !
MATIC has shown a really strong push to the upside leaving us only support & resistances lines. Additionally I double checked fib levels and they match what the trendlines are showing.
My 2021 top prediction is $5-$6 for MATIC.
Cheers!
MATIC - Still Strong and bullish 😍👍Personally I'm a Polygon fan and like all that they have done
Matic will have a great future and is one of the best Altcoins for the long-term holding. So buying its dips can have big results
TP 1 and ATH are specified for selling some of your tokens (optional)
Other points are specified in the chart.
Dear Friends If you are interested, It would be nice to show your support by liking and maybe posting your comment
Good time
Will Polygon (Matic) breakout of a triangle ?Polygon´s 5 tasks on the daily chart...
1. hold the green price trendline channel
2. hold the green support on OBV
3. break the red horizontal price resistance
4. break the red trendline channel on RSI
5. confirm breakout(s) and have fun 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*no financial advice
do your own research before investing
MATIC - 3.8 - $5 Top by EOY or Early Jan- If breakout remains, Matic has resistance in the next few weeks.
- If can break the $2 mark by early December then its price discovery until $3.8 (Red)
- Could bounce to $5 (Red)
- If it doesn't break then delayed breakout to possibly $5 (Green)
MATIC ( polygon ) analysesMATIC ( polygon ) analyses
time frame daily
price is in the bullish channel
we can see double hit on bottom of channel , then raise to last ATH , pulback and make new ATH
now we can see double hit again,
so my first target is ATH and then 3.2$ for next target
AM back to Cover Matic!My prev prediction had 2 scenarios and the one that playing out is my breakdown idea!
Now matic is comeback to ascending triangel consolidation and potentialy will perform an Inv H&S (but still uncomplete)
If BTC still sideways or going up the breakout target will BANG!
*not financial advice as always goodluck with your trade ;)
