Polygon Falling Wedge FormationIn MATIC, a very clear falling wedge formation can be seen in the daily timeframe.
At the same time, MATIC, which is based on 0.75 support, can break the falling wedge if it is rejected from this support.
Once the wedge is broken up, the first target will be $1.19 and the main target will be $1.60.
Polygonmatic
Polygon MATIC price beckons to buy, but where?)Exactly 3 months have passed since the publication of the idea with our global vision of possible movements of the MATICUSDT price.
The first part of the idea has clearly worked out the $1.50 target, and the second part of the idea with a correction to $0.5 now looks unlikely.
It is more realistic to assume that the "buyer" who did not allow the MATICUSD price to fall below $0.70-0.80 during the second half of 2022 will not allow this to happen in the near future.
Therefore, we consider the $0.70-0.80 zone to be ideal for buying MATIC into the medium- and long-term portfolios with the first take profit not earlier than $2.50
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MATIC: Support BreakoutPolygon (MATIC) technical analysis:
Trade setup : Price broke below the 200-day moving average and $1.00 horizontal support zone, which opens up downside risk to $0.75 support next.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.75. The nearest Resistance Zone is $1.00 (previous support), then $1.30.
Polygon (MATIC) formed bullish Gartley for upto 91% rallyHi dear friends hope you are well and welcome to the new trade setup of Polygon (MATIC) with US Dollar pair.
Previously I shared a long-term trade setup for MATIC which produced more than 246% rally as below:
Now on a weekly time frame, MATIC has formed a bullish Gartley pattern for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Polygon [MATIC] will see more sell pressure below $0.9780Price action faced rejection at the bearish OB on the 2-hour chart at $1.0140 and dropped to bullish OB at $0.9854 (cyan).
A close below the support (cyan) and confirmed downtrend could push MATIC to $0.9515 ( a bullish OB on the daily timeframe).
The RSI and OBV dipped - buying pressure eased. But RSI was in a neutral position.
Entry: $0.9780 (below bullish OB)
Exit/target: $0.9515 (lower support)
Stop-loss: $0.9865 (above the bullish OB)
R:R - 3
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected and finally broke its major resistance and retesting that to change it to a support base band then continue to reach the second target. The targets will be 1.6 and 1.7 .
Good luck.
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$Matic - End of PUMP Era - Retest $0.3Matic printing BEAR FLAG pattern just like $BTC did Jan-Apr 2022 (TERRA LUNA COLLAPSE)
POLYGON had already gone through big announcements and finally Sell the HYPE?
And ARBITRUM taking the edge over POLYGON
Complacency Phase. Expecting New All Time Low
Polygon MATIC price will double or halve its value in few monthFinally, altcoins have started their upward movement, most of the ideas we have published on different coins over the past 2–3 weeks are in the process of working out the targets.
But the MATICUSDT price did not grow much on the crypto market in the last few days. In fact, the MATIC price was one of the first to break out of the downward trend in the summer of 2022 and has been in a protracted consolidation since then.
The way out of such consolidation will be a powerful impulse movement that will double the value of the Polygon token or halve it.
Therefore, it is very important to monitor the behavior of the MATICUSDT price around $0.75.
Another holding of the price above this level will increase the chance of starting growth to $1.50 per MATIC
However, if sellers can easily push and fix the price below $0.70-0.75, then this will be a signal that keeping MATIC in your portfolio may be unprofitable. After all, because of such conditions, an almost unobstructed path will open for the price to fall to 0.44
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MATIC: Approaching ResistancePolygon (MATIC) technical analysis:
Trade setup : Following a bullish breakout from Sideways Channel ($0.75-$1.00), trends have reversed to Uptrend and price is near another major resistance zone at $1.30. wait for price to 1) break above $1.30, or 2) pull back near $1.00-1.10 support for swing entry.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $1.00 (previous resistance), then $0.75. The nearest Resistance Zone is $1.30.
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected and reached first target with 48%. So you can manage your positions and it's better to save profits because of major resistance, divergence in RSI and market's sentiment. Then continue to reach the second target. The targets will be 1.6 and 1.7 .
Good luck.
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POLYGON MATIC SHORT TRADE Heres a Quick SHORT SETUP
entry - 1.1718
stop-loss 1.922
Take profit 1.112
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected, So you can manage your positions and profits until you reach the first target. Consider that the market is dispose to small correction. The targets will be 1.3 and 1.7 .
Good luck.
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Thanks for all the trades $MATIC! Was great last few monthsI like $MATIC, A LOT
It should keep pumping BUT we moved the funds elsewhere
Wasn't done today. This was done close to $1 about a week ago, posted elsewhere
While #MATICUSDT has done well, 10%, the money has performed better elsewhere
You were great old friend, the best during the bear and last few months but looking for more BETA
#metaverse #crypto #NFT
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. We said that the price has the potential to break its resistance and now the resistance is broken and IF the pullback is confirmed, it will continue to reach the target. The targets will be 1.3 and 1.7 .
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
MATICUSDT, key zones to watch and next moveHello guys, Everything is explained on the chart for you like always. Matic is below a strong resistance zone for now but has the potential to break it. Possible and expected next move and targets are explained to you. The targets will be 1.3 and 1.7 .
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
$ADA looks good, not crazy of project but should pump with $BTCSold 1/2 $MATIC close highs, was going to rebuy
Just saying, we go back to highs
It's 3x, not bad but NOT what I'm looking for in Bull
$ADA = 10x, still NOT what I want but better
However, which has likelihood getting to highs?
Feel dirty buying this😄
#crypto #ADA #MATIC
Polygon: Holy Poly Guacamole 🥑Let's show 'em how it's done! Polygon continues to spike up and should exceed the resistance line at $1.30, if it carries on with its bullish temper. Our alternative scenario implies, that MATIC could drop below the support line at $0.689 until it reaches the end of the blue wave alt. (ii).
Polygon Long TermJudging by the moving averages on the weekly timeframe, closing the week below $0.75 will pull us to the level of $0.62. Conversely, staying above the $0.90 resistance is essential for a sustained rise to start. Closing this week with a green candle could target the $0.90 resistance.
Polygon (MATIC/USDT) Poised to hit $1 SoonBitcoin price has been largely bullish since the beginning of 2023 and after recording a series of bullish candles, the bulls apparently look exhausted. It appears that the price corrections are just to attract more liquidity over the platform which is more required to uplift the price to reach the desired target of $20,000 very soon.
In the meantimes some of the altcoins including Polygon(MATIC) are preparing to lay down a firm upswing. To be specific, the MATIC price is believed to rise high beyond $1
The MATIC price currently displaying immense strength as it is about to accomplish a parabolic recovery to reach the neckline of the consolidation.
After reaching the resistance, the price may witness a significant pullback to the lower support around $0.84 and ignite a notable upswing towards the interim resistance at $0.91
Here the bulls are required to hold their strength which may propel the price higher above the crucial resistance at $0.95 which may in turn uplift the price beyond $1
Polygon MATIC Price Targets for this weekThis week I predict another selloff in the stock and crypto market after the CPI report on January 12.
My price targets for Polygon MATIC are:
MATIC/USDT short
Entry Range: $0.84 - 87
Take Profit 1: $0.74
Take Profit 2: $0.61
Take Profit 3: $0.56
Stop Loss: $0.98
Polygon MATIC bullish ahead of the FOMC Press ConferenceI am bullish on Polygon MATIC ahead of the FOMC Press Conference.
Those are my price targets:
MATIC/USDT
Entry Range: $0.85 - 90
Take Profit 1: $0.96
Take Profit 2: $1.07
Take Profit 3: $1.19
Stop Loss: $0.77
$MATIC has been old faithful for some time nowOf course $BNB is the mover :D
$MATIC still looks healthy - There is the issue of LONG TERM moving Avgs coming up
$XRP not moving but this has tendency to pop out of nowhere, really like that reversal
$DOGE outperforming $SHIB, IMO good call
#Crypto
