Be careful about MATIC can go down to 0.5$ we see correction wave ABC in Matic be ready for this scenario
Maticnetwork
MATICUSDT - Ranging now, buy with an easy stoplossRanging for now. Usually a setup for an easy trade.
Try to catch on support zone and ride up. Easy to set a stoploss if it breaks down past support.
Would have another chance to buy at next support to retest the failure point.
MATICUSDT flag patternMATICUSDT(30M CHART) Technical Analysis Update
Flag Pattern
MATIC/USDT currently trading at $1.75
Buy-level: Above $1.76
Stop loss: Below $1.50
Target 1: $1.85
Target 2: $1.95
Target 3: $2.15
Target 4: $2.30
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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Polygon (MATIC) Bearish Below Major TrendlinePrice is currently sitting under a major trendline that has formed
The structure that has formed under looks to lack momentum to break this trendline
Some cool symmetry within the fib circle and price can be seen within the oval (a) Both arising from a base (rectangle) formation
I wouldn't enter this unless you believe in the project and foresee its future as bright
I would wait for a better entry
MATIC.USDT (Y21.P3.Video1).Looking for a trade opportunityHi All,
My thoughts on Matic for the time being.
Tread with caution as we don't have a clear direction with BTC as we had the bounce but its at a strong resistance level.
s3.tradingview.com
Cheers,
S.SAri
Matic New ATH $2.68 🎯Update: 18/05/21Matic 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 (Matic) Update 30/04/21: Target Hit @127.20% Fibonacci level, New ATH @ $0.90 140% Gained from this parabolic move! Next Stop $1, .
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.
where ma MATIC fans at? MATIC/USDTOne of the greatest project out there, an amazing run 740%!!
small pull back from here with some consolidation is healthy & better for the long run.
Markets in General are fluctuating because of all the FUD so be careful & ALWAYS DCA .
Short for the short term before heading higher!
Matic 1D Growth can be very painful to endOur previous idea for MATICUSDT was towards the target of $1
But literally within a week the MATICUSD price made another x2 and is already trading above $2
We do not trade this instrument now, because there are a lot of unknown and manipulative components:
1) Parabolic growth has already turned into an unnatural vertical and can easily end in the widest zone of $2.35-4.20, if the manipular deem necessary, but not the market ...
2) The Matic price will fall faster than it grows, and below $1.70, the fall will receive hyper-acceleration (stops and liquidation of margin positions will help) until the MATIC price reaches $0.30-0.40
3) If there are at least some trading volumes in the MATICUSDT pair, then there are no trading volumes in the MATICBTC pair, and look on such increase on weekly candles
That is, "they" do not sell MATIC to BTC yet, but when they start selling it, you have to be prepared that the price can squeeze to 700-900 sat. or even 500sat. from the current 5000 ....
In such situations, we prefer to place "buckets" for buying very low, rather than taking longs on highs.
How do you trade - the choice is yours!
But in the comments write what you think about the situation with MATIC
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
MATIC LONGThe recent pump in MATIC up to new levels required a healthy pullback. Now we are preparing for the deciding moment on whether we go above $1 or consolidate a bit lower. We completed WAVE 4, and are now on track to complete WAVE 5. so a solid break and hold above 0.83 confirms to me that we go higher sooner than later. DYOR on the benefits of the MATIC network and why it should be a contender for one of your positions during this alt-coin season.
MATIC ready for correctionA simple Elliot's wave analysis shows that MATIC finished his last Elliot's wave but as we know it depends for ETH which is falling right now.
So after checking CRSI and MACD it points that MATIC probably is going to take same way as ETH.
MATIC/USDT 10800% up in 132 days so is it good investment..?#MATIC/USDT Update:-
$MATIC currently trading at $1.72
And went up to $1.89
So today I am talking about Is a good time to invest in MATIC/USDT...?
Then My answer is = No
Why...?
Because If You can check chart then
1 January $MATIC price was $0.01715
And Now went up to $1.89 and still trading at $1.72
So it’s almost 10800% or 108x Up within this year.
Mean 132 days growth is 10800%
So how can suggest you invest in $MATIC
Don’t be FOMO and always trade in the safe zone.
Never take the high risk if you want to stay long-term in this market.
Otherwise, your fund will be liquidated if you do gambling and blindly open any trade.
So $MATIC is not a good investment right now.
I don’t say it will not go up from the current price but 90% changes to dump hard.
**** Not financial advice.
Please click the like button and Appreciate my hard work.
Must follow me for the latest crypto real-time updates.
Thank you.
Polygon (Matic) Update:Next Stop $2 at the 161.80% FibsPolygon (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 (Matic) Update 30/04/21: Target Hit @127.20% Fibonacci level, New ATH @ $0.90 140% Gained from this parabolic move! Next Stop $1, .
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.
MATIC Fundamentals + Bull Flag Play - PT $1.50Recently, energy has been cited as a concern for cryptocurrencies (IMO just FUD, but it only matters what people think), and Proof of Stake networks like ADA are in the spotlight for being eco-friendly. MATIC is just as eco friendly, being proof of stake, while supporting smart contracts along with a bit of ETH's network effect as a result of being a sidechain (AAVE, 1inch). MATIC could benefit from this out of the blue concern for the environment with respect to cryptocurrencies, as well as being a nice preview of ETH2.
Additionally, a nice clean bull flag has practically confirmed on MATIC with a price target of $1.53. MATICETH has been moving up in surges recently, and this could be another leg up.
Polygon (Matic) Update:Next Stop $1.35 7% Gain @ 161.80 FibsPolygon (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 (Matic) Update 30/04/21: Target Hit @127.20% Fibonacci level, New ATH @ $0.90 140% Gained from this parabolic move! Next Stop $1, .
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.
Matic to make ATH up to 50% gains possible Matic is currently is very bullish and is breaking out, increasing volume and confirming support around the $0.80 area. Price is expected to price reach around the $1.70 mark.
Target 1 : $1.22
Target 2 : $1.52
Target 3 : $1.60
Target 4 : $1.70
$MATIC NEXT LEGexpecting the next leg of price action for matic to roam the triangle
polygon has achieved critical mass liquidity
there is nothing else currently like this platform
witnessing the birth of a monetary network like binance smart chain and ethereum
it has the capacity to collateralize debt positions
every single defi protocol can port to polygon
its not just an L2 solution it is an entire financial system that has emerged
currently at 1/20th the value of the BNB market cap
and 1/90th the value of the ethereum network
the beginning of price discovery is here for matic/polygon
not financial advice
Striving for the $1 markSo far, almost all altcoins are still recovering from the fall-correction of the cryptomarket which we saw a few days ago and only almost returned to the levels from which they began to fall.
But Matic shows super strength and has even managed to update the maximum.
A week ago, the MATICUSDT price protested the strength level $0.255 level, where buyers showed that they were still in the game and abruptly bought back the price, having already made x2.
Such input data give a good chance that in the near future the price of MATICUSD will reach the level of $0.745, and possibly even a round mark of $1.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea " boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Polygon (Matic) Update: New ATH 🎯Next Stop 8% Gain to $1.30Polygon (Matic) Update 09/05/21:Next Stop $1.30, $1.35 Next few weeks. 8% Gain from current price level to the 127.20% Fibonacci extension at $1.30 and 32% Gain to the 161.80% Fibonacci @ $1.35. See previous analysis below :)
Polygon (Matic) Update 07/ 05 /21:Next Stop $1, $1.30, $1.35 Next few weeks. 93% Gain from current price level to the 161.80% Fibonacci extension at $1.35. See previous analysis below :)
Polygon (Matic) Update 30/04/21: Target Hit @127.20% Fibonacci level, New ATH @ $0.90 140% Gained from this parabolic move! Next Stop $1, .
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.
$1 POSSIBLE FOR MATICPrice just broke upward trendline & we're clear for our buy trade. Target is $0.95 - $1.
Enjoy.
MATIC, Breakout & Growth to 1.7 $. MATICUSDTHello my friends, Everything is clear on the chart for you like always, A rapid analysis of Matic, For now you can take a buy position or for lower risk after pullback to trend line or the base bond. 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 for me
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Hello be doostan, hame chiz rooye chart moshakhas shode, ye tehlile sari az MATIC, alan mitonid kharid bezanid ya baraye risk kamtar baad az pullback be khate ravand ya base bond bala. moafagh bashid.
like va follow baraye hemayad va didan tahlil haye jadid faramoosh nashe :D
Could MATIC Network Make Another 2-3x Run Up Soon? It's PossibleMATIC has been in a week long consolidation phase after the last 3x run up. It could be near the end of that and making it's next run soon.
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DISCLAIMER: This is NOT financial advice. My content is meant for entertainment and general information purposes only. It's only my opinion and should not be taken as financial, legal or tax advice. I'm not a licensed financial planner or investment advisor. Cryptocurrencies carry a lot of risk and you could lose everything when buying and selling them. I will not be held responsible for any losses or gains as a result of my content. Please DO YOUR OWN RESEARCH before making investment decisions.
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