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Polygon

MATICUSD Bullish break-out possible to $3.00MATICUSD has been trading within a Channel Up (green pattern) and Higher Lows since July 20 market bottom. It was when the MACD indicator made its lowest Bullish Cross formation and we've seen the same Bullish Cross pattern on every Higher Low contact on that Channel Up with the most recent being in the last week of November. As you see this Cross is always the beginning of a new rally within the Channel Up. There has been a Diverging Channel Up (red lines) mostly based on Higher Highs that has an upside limit right now around 2.600 - 2.700. If that breaks, Polygon should target $3.0, which is the decelerated rise percentage since the September 05 High and also slightly below the 2.5 Fibonacci retracement level. The price has been supported on the 1D MA100 (green trend-line) since November 16 and on the 1D MA200 (orange trend-line) since July 20. Based on the MACD, we may be at the start of a strong 1 month rally. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
MLong
by TradingShot
5
Matic Support Found?$matic #polygon H4 wanting to form a double bottom at the golden pocket with OBV about to break out of consolidation. Support at the 200 EMA and 100 MA also. As long as Bitcoin doesnt dump hard again, we should see a nice 10-15% move here for Matic. Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Use multiple indicators to confirm your TA on price action. 10. Only trade what you are willing to lose. It will be hard to trade without emotions. Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
COINBASE:MATICUSDLong
by DaCryptologist
2
Polygon (MATIC) hold strong against the last days pressureAll five Polygon´s tasks on the daily chart still in play... 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
MLong
by Crypto4Everybody
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
FTX:MATICUSD
by danial_uk19
1
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 ! ------------------------------------------------------------------------------------------------- ***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.
COINBASE:MATICUSDShort
by RocketMike111
1
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
MLong
by MillionaireEconomics
11
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.
MLong
by peacefuljustin
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. . . 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...
MLong
by MohammadWaezi
6