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MATICBULLUSD trade ideas

Polygon: Remove before FlightReady for Takeoff? Polygon couldn't wait any longer and skyrocketed, before we could fasten our seatbelts. What goes up must come down, which is why Polygon has to take a dip after aiming for the stars and drastically increasing in over 23%. The sky is the limit, so we're expecting more movements upwards in the yellow target zone betweenn $1.18 - $1.33 to complete the yellow wave (3). Polygon is moving from the top down the yellow zone between $1.13 - $1.02 to turnaround to fly above the clouds and complete the yellow wave (5). Finally, it is important that the support at $0.968 should not be crossed in order to keep the upward movement going.
MLong
by MarketIntel
2
Matic nearing a potential golden cross. 2 current bull targetsIf the golden cross occurs and sustains itself, we should see both of these bullish targets hit in the near future. We are currently above the yellow neckline and would reach the yellow target first. On the way there it would take us above the white channel, and flipping that channel to solidified support would validate its breakout and take us to the white price target. Best to keep an eye on the top trendline of the white channel as it is imperative that we flip its current resistance to solidified support in order to reach either target. *not financial advice*
COINBASE:MATICUSD
by DrDovetail
2
#MATIC/USDT - Long - Potential 29.29%#MATIC/USDT - Long - Potential 29.29% Exchanges: Bittrex, Binance, KuCoin, Huobi.pro Signal Type: Regular (Long) Matic is continuing to build on its Disney partnership as it now underpins Reddits web3 integrations as well as debuting on BitPay. Entry Zone: 0.92560 - 0.95870 Take-Profit Targets: 1) 0.99830 - 33.334% 2) 1.0516 - 33.333% 3) 1.2382 - 33.333% Stop Targets: 1) 0.85740 - 100.0% Trailing Configuration: Stop: Breakeven - Trigger: Target (1)
FTX:MATICPERPLong
by CryptoNicho
there is a possibility of breaking higher resistances...As long as the bottom of the channel is maintained, there is a possibility of breaking higher resistances. In the 1-hour time frame, the price trend is also upward, and the support of the $0.82-$0.83 range has prevented the growth of the price of this currency. Holding this range can bring the price to the ceiling of the short-term ascending channel, which will be the first short-term objective. But if this support is broken, the price will fall again to the bottom of the channel in the range of $0.70.
M
by Clara_trader
8
Polygon: Hammer time! ☝️According to the principle “U Can’t Touch This”, Polygon is pulling the M. C. Hammer move above the blue zone between $0.68 and $0.40, meaning that the altcoin just won’t touch it. Nevertheless, we still expect the cryptocurrency to dive into the blue Zone to finish wave (ii) in blue before rising above the resistance at $0.94, thus affirming further ascent. However, there is also a 42% chance that Polygon could indeed not touch the blue zone at all and instead climb above $0.94 directly.
M
by MarketIntel
$MATIC | Double Top? McDonalds M Coming?Here we have one of my personal favorite cryptos & L2 sidechains, MATICUSD or Polygon. Potentially we may see, a downtrend because of a couple of factors. Let’s zoom in! I see the potential for a “McDonald’s M” or most notably referred to as a Head & Shoulders pattern which could signify a downtrend. Here are some reasonings & findings: * MATIC has touched the 0.8721 area twice now but has pushed through this resistance * Upper Bollinger Band has been broken previously * Nearing extreme overbought statuses on the RSI * After the initial push down from the 0.8721 area, 0.8456 acted as support for the potential “head” of the pattern * MATIC is still above the 200 EMA The last note should be taken into consideration when placing a SHORT trade for MATIC. It is still above the 200 EMA currently so a safe TAKE PROFT could be back to the “neck line” area of 0.8456 in case there is a bounce and your STOP LOSS above the resistance area of 0.8721.
COINBASE:MATICUSDShort
by CryptoHotep