Get started

Matic

MATIC Long!!KUCOIN:MATICUSDT MATIC sitting in potential cup with breakout upside to 1.76 level possible 36%. On rejection can short to pullback for re-entry ideas for long to breakout. Better entry, retest of breakout level. Can look to enter on break and add to position on successful retest. LTF analysis can provide pre-breakout opportunity but watch for 21 to catch structure. MATIC news: 1. Doritos chips becomes latest brand to launch in metaverse with Polygon-based NFTs Polygon’s growing adoption by mainstream corporate giants including Nike, Disney, Starbucks, Coca-Cola, Meta and Reddit. If you liked this idea or if you have your own opinion about it, write in the comments. The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
MLong
by imr4nkh8n
3
The birth of a new strongman???Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICBTC 1W chart) If price stays above the uptrend line (1), it is expected to renew a new ATH. It seems to be a coin with a very high possibility of becoming a new powerhouse. Therefore, it is necessary to check the movement of coins (tokens) related to the Polygon coin ecosystem. ---------------------------------------- ------------------------------------------ (MATICUSDT 1D chart) The question is whether it can break the uptrend line by moving higher above 1.3340. If not, you should check for support around 1.0731-1.1688. If it fails to move above 1.3340, a pullback towards 0.8647, near the lower end of the rising channel, is likely. So, you need to see if there is any movement coming out of the uptrend channel. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** Check the formulas for the MS-Signal, HA-Low, and HA-High indicators at (). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
M
by readCrypto
2
MATICUSD Tests Crucial Lines Ahead of a Possible Trend ReversalMATICUSD shows a major trend reversal signal according the Heikin Ashi hourly chart. This becomes with testing the support of the crucial lines of Fibonacci 23.6% at 1.2818 and 1.2770, as this area has a very important volume profile. Also, it is near the SMA-100, which is in turn, a very important for trend signaling as the orange shaded area below it demonstrates. A breakdown below 1.2818 and SMA-100 may confirm the trend reversal of MATICUSD. The area between 1.2555-1.2396 levels is the bearish target for MATICUSD if the breakdown would happen. If a further breakdown below those bearish levels occurred, the area between 1.2168-1.2055 would be the next bearish target as well. On the other hand, if MATICUSD managed to stabilize above the area of 1.2818-1.2770, this may invalidate the previous bearish hypothesis and the area between 1.2899-1.2933 may be retested again in order for MATICUSD to continue its bullish trend toward 1.3231-1.3307 as the next possible targets.
COINBASE:MATICUSD
by SamerHa
MATIC is at Resistance, Will We See a Breakout?MATIC is currently at the $1.32 resistance. Can it break through and head toward the all-time high? About MATIC: Polygon (MATIC) is a blockchain platform that provides Ethereum compatibility through its Layer 2 scaling solution. It aims to solve scalability issues in the Ethereum network, and make it easier for developers to build and deploy decentralized applications (dApps). Polygon has been making waves in the cryptocurrency world due to its innovative approach to solving the scalability issue and its potential to revolutionize the Ethereum ecosystem. MATIC, a Different Cryptocurrency MATIC has been behaving differently from the rest of the cryptocurrency market. Unlike other cryptocurrencies that reached their lowest levels in November following the FTX crash, MATIC hit its lowest level in June 2022. This shows that MATIC has been resilient and has followed a different trend than the rest of the market. After reaching its lowest level, MATIC has been mainly ranging between $0.70 and $1.00 from July 2022 to January 2023. However, at the end of January 2023, it broke above this range and is now heading toward the $1.32 resistance level. If MATIC successfully breaks this resistance, it will likely head toward its all-time high of $2.91. However, if the resistance holds, MATIC will head toward the $1.00 support level. Additionally, there are 2 more support levels at $0.70 and $0.30, but it is improbable that MATIC will reach the $0.30 level considering the current market conditions. The key to predicting the future price of MATIC is to keep a close eye on how it behaves at the current resistance level. Looking Ahead: Polygon (MATIC) is a promising project that has the potential to revolutionize the Ethereum ecosystem by providing a scalable solution. With its strong performance, MATIC is a cryptocurrency worth keeping an eye on in the coming months.
M
by cryptohopper
1
MATIC: Approaching ResistancePolygon (MATIC) technical analysis: Trade setup : Following a bullish breakout from Sideways Channel ($0.75-$1.00), trends have reversed to Uptrend and price is near another major resistance zone at $1.30. wait for price to 1) break above $1.30, or 2) pull back near $1.00-1.10 support for swing entry. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $1.00 (previous resistance), then $0.75. The nearest Resistance Zone is $1.30.
MLong
by altFINS
MATIC holders, still 23% of potential profit !#MATIC / USD Update: $MATIC is currently trading at $1.33 According to Coinlion Trend Trader Indicator, MATIC is currently bullish (he is in the ascending channel since July 18th 2022) Entry point : $0.86 Profit Point : $1.64 (93% profit) The next possible target would be the top of the channel at $1,64 (23% profit more) What do you think ? Please click LIKE button and Appreciate my work. Coinlion Trend Trader indicator tells me when to enter short or long, when to exit and when to take profit :-) Thank you.
Long
by Coinlion_TT
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The price is currently moving as we expected and reached first target with 48%. So you can manage your positions and it's better to save profits because of major resistance, divergence in RSI and market's sentiment. Then continue to reach the second target. The targets will be 1.6 and 1.7 . Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
MLong
by ArashBanakar
3