Another hurdle The short term trendline was breached and the MACD had a bullish crossover but please observe the supply zone that may act as a resistance and possibly push price back down. Let's wait for the candle to print and see.
Have a great day
MATICUSD showing strengthHello,
Today we look at MATIC.
- MATIC is still in strong support zone, not yet broken out.
- It is also battling 21 weekly EMA. If it manages to cross up, it is a very bullish sign.
- It is in a bullish divergence (RSI making higher low while price makes a lower low).
- Volume has increased in th
POLY-MATIC Swing Long Idea - Altcoin SeasonMATIC/POLY is one of the leading Ethereum Layer 2 chains. We haven’t seen an ETH rally yet, so ETH-based coins (ETH betas) are currently underperforming. However, I recommend considering a small position to potentially catch an ETH pump, as these ETH-based coins have significant technical potential.
MATIC longcould have potentially found some support here. the run from .01 was so big needed time to cool off, looks like its dispersed enough to start another climb. if the market enjoys a run then targets above
POL/MATIC is bullishNote: The name of the MATIC project has been changed to POL.
It seems that wave E is diametrically over and price is entering wave F. Wave F is bullish.
The main target can be the red box.
Closing a daily candle below the invalidation level will violate this analysis
For risk management, please
Uphill struggleI hope all is well.
Polygon at this time needs to break the short term downward trendline and stay in the upward channel. Also, it needs stronger RSI levels and MACD needs to do a bullish crossover.
Be safe have a bless day
Diametric pattern formingthe price is likely forming a bow-tie diametric pattern and at beginning of wave F.
MATIC (Polygon) Down Channel BreakBreak of the down channel on this 4hr timeframe with an added support of the 200MA in white.
I think this could be the start of a reversal for MATIC as the market is beginning to heat up.
Very cheap still right now.
Bullish on 4Hr and Daily, Weekly so on, timeframes.
WARNING -------BABYDOGE Is About To Go ------PARABOLICMartyBoots here , I have been trading for 17 years and sharing my thoughts on BABYDOGE.
BABYDOGEis looking beautiful , very nice chart for more upside when this base breaks out
Very similar to MATIC back in 2021
Do not miss out on BABYDOGE as this is a great opportunity
Watch the video for more de
Can MATIC Recover From Its Losses?The crypto rally is not over yet. Some altcoins that have come under fire also appear to be attempting to recover. MATICUSD, for example, has stabilized at the lows of June 2022. The price target for our long trade is below the 38.2% retracement of the downward movement since March 2024 and has ther
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