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Matic

MATIC/USDT 4HInterval Chart Hello everyone, I invite you to review the MATIC chart also at a four-hour interval. As we can see, the price has overcome a strong downward trend line, and is currently moving in an upward trend, staying on the trend line. In this situation, we will start by checking the resistance levels and here we can notice that the price has been rejected from the resistance level of $0.97, only when it is overcome will we have an open path towards the resistance zone from $1.08 to $1.16, which should lock the price against a larger increase. Looking the other way, we can similarly determine support areas and here we can see that the price remains in the first support zone from $0.83 to $0.78, while when this zone is broken, we can see the price return to the second zone from $0.67 to $0.58. The CHOP index indicates that there is still energy for further moves, the RSI indicator remains in a downward trend with room for the price to go lower, also when we look at the STOCH indicator we can see a strong rebound with room for the price to go slightly lower.
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by cryptodailyuk
a quick review of maticusdtfirst and foremost it is necessary to talk about the current situation of the market. we witnessed a huge fluctuating price in the last 1 week however it is obvious that the mark decided to go for the downward trend. additionally, matic has engulfed a very important support area there will always be a reaction toward an enormous support of the market that may have resulted in a short-term upward trend. eventually, because of the massive fall of the matic, there is probably more seller pressure between 0.9874 $ - and 0.7870 $ so I prefer to get prepared for a sell position this month.
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by seyyedin
MATIC/USDT Poised for an Upward Trajectory? 👀 🚀 MATIC 💎 Paradisers, it's time to focus on MATICUSDT as it exhibits a promising shift, breaching the supply threshold with a bullish trend in sight. 💎 MATIC has been consistently overcoming a descending trendline, propelling upwards. Currently, it's navigating past the supply level at .7007, hinting at a heightened likelihood of a bullish trajectory as the supply zone transforms into a stronghold of demand, bolstering the bullish sentiment. 💎 Should POLYGON falter in its ascent, we foresee a potential bullish resurgence from the demand zone at .5998. However, a dip below this zone could signal a bearish downturn.
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by MyCryptoParadise
Matic polygon, Get up nowPolygon (formerly known as Matic) is a Layer 2 scaling solution for Ethereum, designed to improve its scalability and reduce transaction fees. The Polygon network has its native cryptocurrency called MATIC. MATIC tokens play a crucial role within the Polygon ecosystem. They serve multiple functions, including: Transaction Fees: MATIC is used to pay for transaction fees on the Polygon network. This is significantly cheaper than using Ether (ETH) on the Ethereum mainnet, making it more accessible for users. Staking and Governance: MATIC holders can participate in the network's Proof-of-Stake (PoS) consensus mechanism by staking their tokens. In return, they can earn rewards and participate in governance decisions that affect the network's future development. Security: MATIC tokens are used to secure the network by staking. Stakers are incentivized to behave honestly, as they have a stake in the network's success. DeFi and DApps: MATIC tokens are widely used within the Polygon ecosystem for various decentralized applications (DApps) and DeFi protocols. Users can use MATIC to interact with these applications, trade on decentralized exchanges, and more. Overall, MATIC plays a pivotal role in making the Polygon network efficient, cost-effective, and attractive for developers and users looking for scalable solutions on the Ethereum blockchain. Please note that cryptocurrency markets and technologies can evolve rapidly, so it's essential to stay updated on the latest developments and use cases for MATIC tokens.
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by luckylukeno1
3
MATIC/USDT challenges in breaking through the crucial resistance💎 MATIC has undeniably captured significant attention in the market. Presently, MATIC is encountering challenges in breaking through the crucial resistance level. The presence of several bearish rejection candles at the resistance level suggests that if MATIC fails to breach this barrier in the near future, the price may undergo a decline, returning to retest the demand zone to generate new momentum. 💎 However, if MATIC successfully breaks out of the resistance level, a substantial upward movement is anticipated, probability reaching our target area. 💎 In the event of a retesting phase at the demand zone, if MATIC struggles to maintain its position and undergoes a breakdown, there is a likelihood of a bearish reversal. This could lead to a retracement to the next lower-demand area. 💎 In this scenario, a bounce is required to reclaim the area around $0.805 to resume the upward movement. Failure to reclaim the area may result in MATIC continuing the downward trend and returning to the strong support area.
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by MyCryptoParadise
1
Can Polygon leave the penny Crypto area for ever❓Can MATIC break the $1 and leave the penny Crypto area for ever❓ The Renko Chart shows that Polygon is at an important support line🟩 If Polygon breaks through the trendline resistance as well a huge bullish future is ahead IMO🚀 Comments💭, Likes♥️, RT🔃 & Follow🔗appreciated Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
COINBASE:MATICUSDLong
by Crypto4Everybody
MATIC/USDT In the crucial area. Break out or rejected ??💎 MATIC has indeed become a focal point in the market, showcasing a well-executed rounding bottom pattern. Currently contending with a challenging supply area, MATIC is facing hurdles in breaking through. However, a close examination of the daily candle, especially with a robust green candle, suggests a potential breakout from the supply area in the imminent future. A successful breakout would pave the way for MATIC to probability advance toward our targeted supply area. 💎 On the flip side, if MATIC encounters difficulty in breaking the supply area in the near future, the likelihood of a downward movement increases. MATIC could retreat and undergo testing, heading towards the demand area at $0.69 to instigate a fresh momentum. 💎 The undesirable scenario unfolds if, during the retesting at the demand of $0.69, MATIC struggles to sustain its position and breaches the demand area. In such a case, MATIC would revert to a bearish movement, potentially retracing to the robust support area.
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by MyCryptoParadise_Nathan
1
MATIC Fractal Geomerty ResearchMethod : Fractal Geomerty Research White Line : Matic Chart Purple Line : Geometry fractal predictions " Previous history has been a repeated failure; the more I delve into this method, the closer I get to patterns that resemble the actual future. The more it fails, the more patterns/options I find that approach success in analysis. Because this method is an ancient one, rarely utilized, and challenging to comprehend, references are scarce." Observing historical data from the smallest particle frame to larger time frames using fractal and Fibonacci, methods are very suitable for investors, spot traders, long-term or swing trades. !However, it's not suitable for scalping, short-term, or future traders! Note: that personal observation does not constitute financial advice. It's important to seek advice from a licensed financial advisor before making any investment decisions. #matic #polygon
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by adivirgia
Polygon (MATIC) Whalers Spurred A Resurgence Polygon (MATIC) Yesterday's brief downturn in BTC was seen by investors as an attractive chance to buy altcoins at lower prices, with MATIC being one of them. A swift gathering of buyers at the local low of $0.760 spurred a resurgence in its upward trend. Currently, the asset is oscillating between a support zone of $0.765-$0.790 and resistance levels ranging from $0.843 to $0.860. There's also an additional marker for buyers at $0.814. Aiming for continued growth and potentially setting new highs is the main focus. In the near term, the $0.905 level might be the next milestone for buyers. However, a downtrend in BTC's chart could adversely affect altcoin prices. If this happens, MATIC could descend to the support levels at $0.734 and $0.694. It's also important to keep a close eye on Bitcoin's movements, as a more pronounced correction in BTC could make several altcoin support levels obsolete, possibly leading to a more significant drop compared to BTC.
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by DEXWireNews
Get Ready to Ride the MATIC Rocket to $1 - It's Pump Time!MATIC token is gearing up for a monumental pump, and it's aiming straight for the $1 mark! Yes, you heard it right! MATIC is on the rise, and we have all the reasons to be thrilled about it. This incredible opportunity is knocking at our doors, and it's time to seize it with both hands. So, buckle up and get ready to embark on a thrilling journey towards profits and success! Here's why you should consider joining the MATIC long party: 1. **MATIC's Impressive Performance**: Over the past few weeks, MATIC has showcased remarkable resilience and growth. With its solid fundamentals and a dedicated community backing it, MATIC has proven its potential to soar to new heights. 2. **Market Sentiment**: The overall market sentiment is overwhelmingly positive towards MATIC. Experts and analysts are buzzing with excitement, predicting a substantial surge in its value. It's the perfect time to jump on board and ride the wave of success! 3. **Technological Advancements**: MATIC's innovative layer 2 scaling solution has been gaining significant traction lately. This groundbreaking technology has the potential to revolutionize the blockchain industry, attracting more investors and driving up the demand for MATIC. Now, it's time for the call-to-action! Don't miss out on this golden opportunity to long MATIC and maximize your profits. Here's what you can do to join the action: 1. **Conduct Thorough Research**: Before making any investment, ensure you have a solid understanding of MATIC's fundamentals, recent developments, and market trends. Knowledge is power, and it will help you make informed decisions. 2. **Set Realistic Targets**: While we're all excited about MATIC's potential, it's essential to set realistic profit targets and manage your risk. Plan your trades carefully, and don't forget to implement stop-loss orders to protect your investments. 3. **Stay Informed**: Keep a close eye on the latest news, social media buzz, and market trends surrounding MATIC. By staying informed, you'll be able to adjust your trading strategy accordingly and make the most of this exciting pump. Remember, this article is not financial advice, but rather an enthusiastic heads-up about a promising opportunity. Always do your due diligence, consult with professionals, and trade responsibly. Let us embrace this thrilling moment with open arms. Get your trading platforms ready, prepare your strategies, and let's ride the MATIC rocket together towards the $1 target! Exciting times await us, and I couldn't be more thrilled to share this journey with all of you.
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by bryandowningqln
4
MATIC Surges 6% as Whales Jump In! MATIC token has just experienced a remarkable surge of 6%, and the cherry on top? Whales are diving into this promising opportunity! Yes, you read that right! The MATIC token has been making waves in the market, and it's time for us to ride this exhilarating wave. With whales investing in MATIC, it's a clear sign that the smart money is betting big on its future potential. This is a golden opportunity for us to join the ranks of these savvy investors and potentially reap substantial profits. So, what are you waiting for? It's time to seize the moment and take advantage of this exciting development. I encourage you to seriously consider going long on MATIC, as this surge, coupled with whale investments, indicates a strong bullish sentiment surrounding the token. By going long, we position ourselves to potentially benefit from the anticipated upward momentum. Why should you consider MATIC? Well, apart from the recent surge and whale interest, MATIC has been gaining significant traction in the market due to its innovative scalability solutions for Ethereum. As the crypto world continues to evolve, MATIC's technology is well-positioned to address the scalability issues faced by many blockchain platforms. This potential for widespread adoption makes MATIC an attractive long-term investment opportunity. Remember, timing is crucial in the crypto market, and this surge presents a unique chance to capitalize on the growing interest in MATIC. Don't let this opportunity slip through your fingers! Conduct thorough research, analyze the market trends, and consider adding MATIC to your portfolio. If you're ready to take the plunge and long MATIC, I suggest exploring reputable exchanges that provide a seamless trading experience and offer the necessary tools to maximize your gains. Ensure you stay updated with the latest news and developments surrounding MATIC to make informed decisions. As always, please remember that investing in cryptocurrencies carries risks, and it's essential to make decisions based on your own financial situation and risk tolerance.
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by bryandowningqln
MATICUSD: One more tick upwards, then correction.Polygon is cruising past the 1D MA200 on largely overbought 1D technicals (RSI = 82.582, MACD = 0.047, ADX = 72.673). We expect exhaustion to kick in near 0.87900 (Fibonacci 0.5 level) followed by a lengthy pullback to the 1D MA50. That will be the next buy opportunity, targeted at the R1 level and 0.786 Fibonacci (TP = 1.18950). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:MATICUSD
by InvestingScope
1
MATICUSD with bullish flagBullish flag is one of the bullish continuation patterns. This pattern have a big success rate if we follow several rules : BULLISH CONFIRMATION : Trading with bullish flag needs extra patience, because this pattern need one full candle above flag resistance as bullish confirmation. Entering the market with a hurry decision can be dangerous because if flag support breaks down, this pattern becomes invalid anymore. In this example, we need one full candle above 0.6537 as confirmation . INVALID BULLISH FLAG : Consider this pattern invalid if : 1. flag support break down before bullish confirmation 2. flag channel drop and reach 1/2 pole. In this example 1/2 pole at 0.5763 If this pattern becomes invalid, forget it and try to find a new pattern to perform. BULLISH FLAG PROFIT PROJECTION : This pattern have a good profit projection with AB (pole) equal to CD (target). In this example our profit projection at 0.7979 BULLISH FLAG STOP LOSS : Flag support level are also as stop loss level for this pattern. Mostly win to loss ratio for this setup are above 2 Let me know in the comment below if you have any points to add.
COINBASE:MATICUSDEducation
by AzrulAzir
4
🚨 MATIC at Major Resistance 😬 Proceed with Caution 📈"Yo Traders, Professor here! Time to dig into MATIC, one of my all-time faves. 🤟 Right now, it's at a sketchy point—below a MAJOR resistance level. Rejected and not back in the channel!! Careful!!! 🛑 Not ready to short it, but I've set a BIG alert for a possible entry back into the channel at 0.66 with a stop loss at 0.64. 🎯 Targets? 1.7, 1.9, 3.2, and a bonus at 1.03! 🚀 For now, just observing. No moves until the chart speaks. 💬 What do you think? Comments below, let's get a convo going! 🗨️" One Love, The FXPROFESSOR 💙 ps. not going short on MATIC...But not buying again into it yet. Remember, we bought at 28cents, sold at 1.27.. will repeat it again!!! ps2. watch the video on ALTS below!!!
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by FX_Professor
2