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Maticnetwork

MATIC/USDT New All Time High hit and What New update now?#MATIC/USDT TA Update:- $MATIC currently trading at $2.80 And Daily going to new All time High. Today hit $2.877 ATH What Chart say..? As Per chart $MATIC broke our all time Resistance $2.41 and also trading above Resistance level so Now $Matic is supper bullish. But Also trading at Small resistance point. So I am expecting some Retracement till $2.41 Now 2 Strong support for $Matic Bull Cycle. Support:- $2.41/$1.90 Resistance:- $2.90 Never Gamble with your hard earned money. Always trade with Confirmations. Thank you.
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by CryptoPatel
2
MATIC - new ATH, preparing for price discovery modeMATIC is one of best performing cryptos in recent time. Chart looks great, new ATH is reached, HH and HL since summer. Only thing that bothers me is the volume. If you compare volume from previous breakouts and upwards moves, current volume is too small. Breakout without volume confirmation can result in false breakout. Hope it is not the case here. If MATIC manages to stay above previous ATH level, consolidates for some time (without falling sharply down) further price discovery mode is probable! Take a look at previous MATIC analysis where I also mention this potential "volume problem":
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by Philippe_0x
MATIC MOON PLANMATIC, the coin for Polygon, has pushed on to a new all time high on 23 December reaching $2.7. The coin for the framework, which aims to enhance interoperability between the Ethereum blockchain and compatible networks, has had a turbulent December but this week found a stronger upward momentum putting on a 30% growth spurt. The extra final push may have been helped by the news that Uniswap, the protocol for exchanging cryptocurrencies, is now live on Polygon. "All Uniswap V3 contracts are now deployed to the Polygon PoS mainnet, and Polygon is already supported in the official Uniswap interface". There were three key reasons why the organisation regarded it as a landmark: a major acknowledgment for Polygon, a return to the original promise of Ethereum, and a stronger Polygon DeFi ecosystem. At the time of all time high, a non-mineable MATIC token is trading around $2.70, giving it a market capitalization of $18.38bn, making it the 14th largest cryptocurrency, according to CoinMarketCap. Follow our detailed Polygon price chart and explore the latest Polygon (MATIC) movement to help you decide whether it deserves a place in your long investment portfolio or not.
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by ram297829
4
MATIC - Redistribution in play? Granted, the chart looks bare bone but let's get straight to the point. These huge long wicks to the upside signal massive selling in those areas. Perhaps MATIC needs to come down before it starts trending up again. Compare to May 10 and May 24 and the result was -60$ from it's closing price on the bi-weekly candle on May 24 / June 7. Let's not get TOO excited about a possible Christmas rally as we may have a similar result compared to the summer drop. just my thoughts on this one. Not financial advice.
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by GhostCrypto
MATICUSDT - WAIT THE DIPEmissary over here. Hello again everyone. Today we take a look at Matic Network. Price was rejected days ago by the offer zone (red box). I think we'll see Matic reach i'ts all time high once again, but fisrt a retest to the 1.699 inside the channel may be necesary. If you already have MATIC and it blasts off to the moon in the short term that's all right- But I wouldn't go in at this price. I'll rather wait and see if we can catch it cheaper. As always, thank you for reading the message once again. If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps. Also I'd like to hear your opinion in the comments. Remember this is no financial advise, DYOR and trade at your own pace and risk. See ya'll
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by MessengerFromTheUnderworld
MATIC/USDT : No more fun for bulls...BINANCE:MATICUSDT Hello everyone 😃 Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it ! Recently #MATIC has rallied above $2.5, Now it just formed a bearish order-block at the local high on 12H's time-frame and rejected below the EMA50. Here we have the EMA50 as resistance and I expecting more downward movement till MSB for filling some bids at there, After that; We might see more bullish momentum because of the approaching EMA200 ! However I expect the continuation of downward movement to the S/R line and more till order-block. But any pullback from MSB and retest on H12 (Supply) will gave us this opportunity to SHORT the movement till the Equal Lows... - How I would play this now ? I'll be waiting for MSB and then set limits to short on formed H12 Supply into the equal lows below. In any other case we have to wait for #MATIC to form the bottom and take LONG to the Supply above ! Hope you enjoyed the content I created, You can support us with your likes and comments ! Attention: this isn't financial advice we are just trying to help people on their own vision. Have a good day! @Helical_Trades
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by Helical_Trades
42
MATIC-USDT price action and fundamentalsHello there❄ Technical overview : Over the last few days I have been seeing many bouncing from resistances/ supports in these channels (I have circled in white above🧐📈) If you have been crypto trading you have surely noticed MATIC (polygon) soaring to new ATHs 7 months ago (2.44,) but more importantly 2 days ago it came within approximately 4 cents of all time high . That says a lot about Polygon from a technical analysis of price action 👇👇👇 On December 3rd (before the flash crash) MATIC price was up 40 percent for the week. BTC on the other hand was down about 8 percent.. 😵 I am expecting Matic to follow the ascending pitchfork-channel , however I have also included a slightly descending pitchfork in the event market loses strength👎💪 come open of stocks on Monday.. 🆗📆 It is possible that we come down to test this liquidation capitulation zone once more before consolidating and forming a more structured trend reversal.😃⏬ Short fundamental dive:🌊☃ The network effect on MATIC is gaining traction through everything that is being built on top of it and its low transaction fees. On December 9th (4 days,) Polygon team will be hosting the ZK summit , ZK technology is said to be the solution to having completely encrypted transactions. This will add a lot of intrinsic value to Polygon network and MATIC. Before the announcement there was already a lot of hype around Polygon as it is known for its low transaction fees, a 2-layer scaling solution to Ethereum's current downfalls (high gas fees, slow transaction times.) 🛑Thank you so much, this is not advice! 🛑 Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome. 👽
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by jazerbay
10
Matic the horseHello everyone, I proudly caught this baby on the last retest at 1.63. The future looks bright, especially if the BTC bull run continues...You already know my view. This is just the beginning, and Matic is the first of many alts to run soon. If you are all feeling the FOMO because you are not in this baby, and your fingertips are itchy ready to pull the trigger...wait! Do not buy in the green. Buy the red. After this acceleration with good volume on the back, there will likely be a retest in the 2.1 area. This will be an excellent opportunity for those who want to add to their position or enter this winning horse. I laid out the targets and retracement. These have been set by using the Elliott wave Theory and the golden ratio discovered by Fibonacci da Pisa. FOLLOW ME, SHARE, LIKE AND COMMENT
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by CFcryptoTA
3
Polygon (Matic) To Retest ATH, Next Stop $3.24 @ 127.20% FibsPolygon (Matic) Update 07/12/21: Matic has shown great strength since the crash on the 4th December, recovering +63% from the -35% drop experienced. This project has very strong fundamentals with some of the most cutting edge technology in Blockchain Technology today. This is Ethereum's Internet of Blockchains, although Matic has already grown 12514.5% YTD, we can expect similar growth pattern to Solana. Since the July crash, Matic has been fighting some heavy resistance from the previous key price levels @ the 23.60%, 38.20% & 61.80% fibs from the sensational run we experienced during the early months of this year. on the 14th October our A.I script triggered a strong buy signal on the daily chart @ $1.30 just below the 23.60% fibs. Since the Buy Signal triggered, Matic has grown 89% in just under 54 Days. Matic's first impulsive wave topped just above the 61.80% fibs ($2.14). As mentioned in previous analysis, Polygon's move back to the ATH is not one which is going to be straight forward due to the nature of the explosive move earlier this year and will face some key resistance on this push phase back to the ATH @ $2.88, which is now only 14% away from the current price @ $2.48. From the current price level Matic has some strong support at $1.91 & $2.14, a strong bullish continuation pattern is in play for Matic and we can expect to reach our price target at the 127.20% fibs @ $3.47 sooner than you may think, currently only 37% gain away. It is very important for Polygon to flip the 78.60% fibs ($2.41) key resistance into Key Support for this continuation pattern back towards the ATH and the 127.20% fibs. Our current price Targets for Polygon from the current price: 127.20% Fibs at $3.47 (37% Gain) 161.80% Fibs at $4.22 (70% Gain) 261.80% Fibs at $6.41 (158% Gain) 461.80% Fibs at $10.71 (332% Gain) Please see previous analysis below. Happy Trading :) Polygon (Matic) Update 03/11/21: The last breakout from this tweezer chart formation gave us 77% gains, if this trend continues we can expect to see Polygon (Matic) above $3.69 and heading towards our target at the 161.80% fibs @ $4.22 (104% away from the current price). Polygon (Matic) Update 28/10/21: $1.63 was the last critical resistance which Matic has now flipped into support above the $1.77, it’s going to be interesting to see just how quick Matic retest it’s previous ATH set in May as Matic is currently only 48% away from $2.87, from here we have the following price targets: 127.20% fibs @ $3.47 (80% Gain from the current price) 161.80% fibs @ $4.22 (119% Gain from the current price) 227.20% fibs @ $5.66 (192% Gain from the current price) Please see previous analysis below. Happy trading :) Polygon (Matic) Update 23/10/21: Polygon (Matic) is currently 86% from the ATH @ $2.87 and 174% to the $4.22 target. From the current price we are currently 555% away from Polygon (Matic) at $10, we can expect to surpass this peak bull cycle it's going to be an explosion 🚀 Our current price Targets for Polygon from the current price: 127.20% Fibs at $3.47 (127% Gain) 161.80% Fibs at $4.22 (177% Gain) 227.20% Fibs at $5.66 (270% Gain) 423.60% Fibs at $10.04 (555% Gain) Please see previous analysis below. Happy Trading :) Update 16/09/21: Polygon (Matic) To Retest ATH , $4.22 Price Target @ 161.80% Fibs. Matic is looking extremely healthy currently trading just below the key support level at the 38.20% fibs. We are looking extremely healthy for a continuation trend back to the ATH at $2.87. Our target after a retest of the ATH is at the 161.80% Fibs at $4.22 (157% Gain from the current price level). Please see previous analysis below. Happy trading :) Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and bottomed out @ $0.64. Currently Matic is trading @ $1.47 and if Matic can flip this key resistance above the 38.20% fibonacci level into support above $1.77, Matic looks poised for a big move (95% back to ATH ) from this support zone . 185% Gain to the 161.80% Fibonacci target @ $4.22. See previous analysis below. Happy Trading :) Polygon (Matic) Script Buy Signal triggered EMA Crossover SMA Confirms the Bottom and Reversal in Price back to May Highs near the ATH (145% Gain). See previous analysis below. Happy Trading :) Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and the bottom @ $0.64, currently Matic is trading @ $1.04. Matic looks poised for a big move (175% back to ATH ) from this support zone . Happy Trading Polygon (Matic) Update: 05 /08/2021: To Retest ATH @ $2.72 , Next Stop $3.24 @ 127.20% Fibs, then $3.94 @ 161.80% Fibs and $5.26 @ 227.20% Fibs. 121% Gain from current price to the 127.20% Fibs @ $3.24. Matic has been performing extremely well despite the blood on the streets...See previous analysis below. Happy trading :). $Matic $Polygon See Previous Analysis Below: Matic New ATH $2.70 🎯(80% Gain from Buy Zone) Update: 18/ 05 /21 See previous analysis below. Happy trading :) Polygon (Matic) Update: $1.78 Target Hit. Next Stop $2 at the 161.80% Fibs. 20% Gain from current price level to $2. Next Target after $2 at $2.58, 54% Gain from the current price level. See previous analysis below. Happy Trading :) Polygon (Matic) Update 14/ 05 /21: Matic in Price discovery , our next target price $1.78 at the 227.20 Fibonacci extension . Targets Hit $1, $1.30, Next Stop $1.35 (7% Gain). With this continued momentum to the upside, it is a 43% Gain from current price level @ $1.24 to the 227.20% Fibonacci extension at $1.78. See previous analysis below :) Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :) Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain) Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :) Update 20/03/2021 Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :) Update 20/03/2021 Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd *Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas. Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins. What is Polygon? Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks. It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution. Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains. Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality. Key Notes: The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon. Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
MLong
by CryptocurrencyMagnet
1
Polygon (MATIC) is going to breakout huge channel soonHi dear friends, hope you are well and welcome to the new trade setup of Polygon (MATIC) Recently I shared below trade plan of MATIC, which is going very good and still in play During this move, on the weekly time frame, the priceline going to breakout the resistance of a huge up channel that will be another mega entry for the massive move of Matic. So be read guys, as soon as the breakout happens I will share a complete trade plan. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
MLong
by moon333
MATIC Polygon: Catch The Re-testHello friends, today I am completing a technical analysis on the 4H linear scale chart for Polygon ( MATICUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted. Congrats to everyone that caught Polygon on it's recent pump! #CryptoPickk notes the following: 1) Polygon price has been in a multi-month triangle (in cyan color), which is almost at the apex. 2) Most recently since the end of October 2021, the price has been moving in a descending channel (in red color), which it broke out. The breakout also brought the price to the top trendline of the triangle pattern as well. The price is also supported by another trendline (in green color). 3) In most cases, when price moves up this fast, it goes back for a re-test of the pattern before breaking out further upwards. The descending channel re-test may be possible which is outlined in the square box (in white color). 4) The Fibonacci Retracement at 0.786 level may be a place where the re-test may occur (above or below slightly as well). 5) The price is above the Ichimoku Cloud which is currently green (bullish) but has a hint of red (bearish). 6) The RSI (relative strength index), Stochastic RSI (Stoch RSI), MACD, Money Flow Index (MFI) and Fear and Greed Indicator are all in or near the overbought region. This may show some signs of price correction to help the indicators cool down. 7) The Volume is strong. 8) The Volume Profile (VPVR) is showing support and resistance at the re-test area as well. 9) If the price re-tests within the square box, the price has potential to move up about 25% to the 1.618 Fibonacci Extension level at $2.46-$2.50 range. 10) MATICUSD is looking very bullish for December. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
MLong
by MillionaireEconomics
11