Matic weekly support held.Matic bounced off of the rising support line based on weekly chart. The patter trending higher lows continues a gradual up trend for investors interested in buying dips and dollar cost averaging.
MTCUSD trade ideas
MATICUSDTThe correction of the combined price of WXY is being completed. After completing the corrective pattern, I expect the price to start rising.
$MATIC GOOG TO BUY FROM HERE#MATIC is always a good buy, especially at the local lows!
I set buy orders in the orange zone, this is a long-term spot trade.
BINANCE:MATICUSDT
☺FOLLOW US FOR MORE ANALYSIS ☺
What's MATIC up to? When will it moon? 🚀🌙Cryptocurrencies have a four-year cycle due to the four-year halving cycle of BTC.
If history repeats itself, MATIC could break out of its symmetrical triangle in the next few weeks or months. When this happens, the surge in its value could be very rapid.
The last time this happened, it experienced an increase of 150 times its price. What happens next remains to be seen.
Right now, it trades at the lower trend line of its symmetrical triangle, which creates a very interesting opportunity. :)
BULLISH SHORT TERM PICTURE & ZONE At these type of ideas i will try to show you were the charts have big possibilities to bounce back , depends on ICT point of view.
Have in mind that those special zones are NOT trade signals , but areas where you have to applicate your specific strategy.At these type of ideas i will try to show you were the charts have big possibilities to bounce back , depends on ICT point of view.
MATIC - Daily Shortterm Trend & Support/Resistence levels 18 MayMATIC ( POLIGON ) now completed a correction and are ready to return to gain higher.
The new opportunity at the current price
🟢 Trend: Bullish 🚀
🟢 Support: $0.6
🟢 Target: $2.8
------
Current: $0.7
MATIC could be ETH cycle 1MATIC could be ETH cycle 1, so far Matic is far from done. The chart clearly shows us the market maker movement in accumulation phase and about to take off.
Good for long-term investment asset layer 1 coin.
Bearish divergence on MATIC dailyA bearish divergence has been recorded on the MATIC daily charts with volume decreasing as well.
Matic 4-5 Setup
Matic peaked during wave 3 in May 2021 and reached a low in wave 4 in June 2022. However, it remains in a corrective phase, suggesting a potential alternative bottom for wave 4 may still occur. The general anticipation is for an upward movement in wave 5. Investors should consider gradually buying at support levels and selling at resistance levels.
Polygon's massive breakout might be imminent
Polygon's macro formation is almost identical to the last cycle. The breakout at that time was shortly after bitcoin broke the ATH for good and its dominance began to fall. The current situation is very similar, with bitcoin dominance resistance possibly being reached within a few weeks. If history rhymes, polygon could take off to reach $10.
Polygon’s Meteoric Rise: MATIC Set to Soar !Confluence of Bullish Harmonic pattern and Elliot wave correction completion. We're done with the correction. Expect an explosive move up which would trigger an uptrend. Use good money management and take your profits off the table as Whales will manipulate.
Spot for maticI think that MATIC is waiting to make a bullish divergence on the rsi making a lower low on the price and higher low on the rsi. If that is the case then i think it might hit the targets on the short term but need further price action to validate. This is just an opinion all the best
Still expecting a fall below previous low. Wave 5th might take a move. shorting would be appropriate for the short term. Are upside big moves still pending?
MATIC-USD: The Elliott Wave Cycle of Polygon.Much speculation has circulated in the crypto press recently about Polygon’s prospects for a one-dollar valuation of its token MATIC. Can it perhaps even reclaim its all-time high of $3.00?
While the first question has been answered by the market already—the renewed bullishness of
Bitcoin and cryptocurrencies in general, has sparked a new rally—the second answer lies in an in-depth analysis of its market structure.
MaticUSD Elliott wave countMatic may have been completed the 4h wave a Triangle pattern.
We need the price to stay above 0.4926 and clear 0.9499 to turn the price up for the wave 5
Matic will be shooting up like Steph CurryWith the fall that just occurred, Groupings A and B of cryptos are going to want to rebound and rise. They’ve already made the reversal. But even long term. They purchased CDA to assist with the purpose they exist and if that isn’t enough to convince. They’ll be changing their name from matic/polygon to just Pol. 5am-7:45amEST WILL be the last chance fire for quick swing trade come up. If anyone knows w way to re use kucoin. It’d be greatful. Or how to beat its kyc system. Please DM me if it works
POLMATIC Polygon whatever, all I know is I’m reading a lot more projects comings out on polygon on moving to polygon. Just seen a post about POL just being ranked as a top 4 “pulse security most high-rankings” very active on Twitter, social media. This is another one I will be watching again. Just need it to hold up .8327 in the next couple of days.
MATIC LONGMatic Dragon
We are below a zone of inflection so it is possible that we drop lower, the best case scenario would be to pump above the zone and backtest it as support. If we lose the current low we could head far lower, so it looks like a great opportunity.
POL / MATIC to $9+?Looks like a great entry get into Polygon before they release the Agglayer.
Polygon Agglayer can connect any chains, enabling unified liquidity and seamless transactions through zero-knowledge proofs.
So bullish on the Polygon team and the on-chain statistics with so many active users and so many new chains adding Polygon CDK.
There is great possibility of Polygon reaching to $9 per coin. Which will a valuation of around $90 Billion. Last bull run top layer ones somewhere around that. And now at this bull run we have more Tec and more active users. Seems like an real adoption cycle.
MATIC Altcoin - UptrendTrading this uptrend in MATIC. Polygon is the best blockchain in Web3 gaming and supports many other DAPPS. Disclosure... our project CroozeNFT. io web3 game is built on the Polygon Blockchain.
Polygon: The Last Steps 👣Over the last seven days, MATIC has plunged into our green Target Zone (between $0.921 and $0.790). We, therefore, locate the price on the last stretch of the green wave 2. Traders could use the price range of our Zone to establish long positions. Any stops for hedging purposes could be placed around 1% below the lower edge. Once the low has been established, we expect to see a price increase to well above the $1.15 mark.
MATIC - HOT ALT🔥, but Bearish SHORT TERM📉Hi Traders, Investors and Speculators of Charts📈
MATIC has been very profitable to us so far; watch my previous update HERE:
If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - you could possible see a low entry point soon!
Polygon is unique in that it's a blockchain platform designed to work with another blockchain platform. It improves Ethereum's scalability - which we all know if the biggest problem of ETH. ETH dApps can use Polygon's sidechains, thereby making it a functional and fundamentally great choice as an altcoin asset.
One of the exciting things about Polygon is the partnerships it has established. Many big brands are working with Polygon to launch their NFT projects. Current partners include:
✅ Walt Disney
✅ Starbucks
✅ Meta Platforms
✅ Nike
✅ Mercedes
✅ Google
✅ Adidas
✅ Adobe
✅ Mastercard
✅ Reddit
While it might not pump as hard as other altcoins, it's also far less likely to fail than smaller , newer cryptos with similar aims - and it still has plenty of room to grow. Its partnerships make it an interesting buy for those who are interested in a well diversified portfolio, containing assets with real-world use case and strong fundamentals.
_______________________
📢Follow us here on TradingView for daily updates📢
👍Hit like & Follow 👍
CryptoCheck
BINANCE:MATICUSDT
Liking MATIC, market turning after a brief reversal?I am expecting to see the most recent bearishness in the market see a turn around. I use BTC as the guide. I like the support shown throughout the low 60s over the last night. The volume of for MATIC in the .95-1.00 range make is giving me evidence that if the 21 EMA starts to turn around that continued bullishness would support a 1.30-1.50 range for the next week.
