Hello everyone! Today I look a little into matic since I am investing into a matic/day liquidity pool. My thoughts so far are that matic is generally bearish but looking over at the macd and the support areas, depending on the crypto markets' momentum, we might be looking at a small bullish day or week sooner or later. Personal recommendation ? Don't trade and...
MATIC is bearish both on its 1D as well as its 1W technical outlook (RSI = 35.379, MACD = -0.094, ADX = 47.085). Cyclically, these indicator levels are solid buys on Polygon as it is significantly undervalued below the 1W MA50. The S1 and HL trendline offer the strongest support levels possible and in the prior Cycle this is where the token started the Cycle's...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- MATIC to POL upgrade was done on the Ethereum mainnet. (POLUSD 1D chart) There are many coins and tokens in the MATIC ecosystem. Therefore, I think MATIC has a high potential for development. When...
In my opinion MATIC will be the King of crypto market. Just buy.
🟣 CRYPTOCAP:MATIC • Entry Range: Between $0.317 : $0.183 • Bullish Confirmation: Passing $1.29 • Stop Loss: Below $0.183
Strong BUY NOW OR 2 of September but REMEMBER to SELL it at the END of OCTOBER
The MATIC market opened this year with a green candlestick. On the first day of the year, it closed at $1.0171. Later, for a short period, the market weakened. But in late January, the buyers of the market took control of the market. They took the price as high as $1.2711 in mid-March. Post that, the market situation overturned in favour of the sellers of the...
#MATIC The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards We have a bounce from a major support area in green at 0.3900 We have a downtrend on the RSI indicator that was broken upwards which supports the rise We have a trend to stabilize above the 100 moving average which...
CRYPTOCAP:MATIC is long for a target of 1.5 $ and 2.5$ in the long run with a SL OF 0.31 $. Great place to go long. Altcoin season is going to be back really soon.
MATICUSDT is trading at key areas, previously starting on 8th August it was trading in a range, which as you may know is a BAD time to enter, we need big volume candles either sell or short side, causing a definitive move. WE DO NOT ENTER RANGES UNTIL BREAKOUT. Here we can see that MATICUSDT was trading at a range of 0.43 - 0.39 for approximately 12 days. Then...
MATICUSD has reached a demand zone last tested in June 2022. The market formed a long-tailed bar on the weekly timeframe, signaling a rejection of this level and the potential for a bullish move. Additionally, it broke and closed above the accumulation zone, which is another encouraging sign. If the price stays above the 0.400 level, the market could rise to...
MATIC (Polygon) has seen a significant surge with 58% increase from the low. A bullish weekly candle is being printed after bouncing from its higher timeframe support zone. CRYPTOCAP:MATIC is rebranding to POL on the 4th of September. Rebrands are usually bullish, and if we can clear $0.60 overhead supply, we can see MATIC hitting $0.70 (single prints &...
On the H4 chart the trend started on Aug. 05 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.4564 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
No need to explain this massive bull pennant! The image says it all!
🔍 MATIC/USDT Analysis: Upcoming Opportunities for Traders 📉 The MATIC/USDT chart highlights important dates that traders should watch closely: August 16, 2024 & September 2, 2024 & November 30, 2024 - Green Lines: These dates indicate potential local lows, offering favorable entry points for accumulating MATIC. These are key opportunities to consider building or...
#MATIC/USDT #Analysis Description --------------------------------------------------------------- + The price is currently trading within a channel and has successfully bounced back from the lower boundary. + A strong breakout from this channel could drive the price higher. + We can enter a long trade at the current price and place the stop-loss (SL) below the...
MATIC hit the lower support level as expected. Since our previous update, MATIC has dropped 30% and is currently holding within the support range of $0.316 to $0.387. It is crucial for MATIC to hold this support because if it fails and breaks down, things could turn out poorly. Key Observations (Remains the same): ~ Lower Support/Entry: $0.387 ~ Liquidity...
CRYPTOCAP:MATIC 1W chart; On the weekly chart, we can see that the balance of February 2023 and March 2024 levels on the RSI side is not reflected in the price (red circles). It is now at a serious support level and it also seems to have started a bullish pattern from these levels. As long as it sticks to the stop level, it will not be a surprise to see sharp...