The asset broke out of the symmetrical triangle pattern. Sticking with established patterns, the initial liquidation target is forecast at 1.5642. The identified strong support zone is between 1.1 and 0.96. In the immediate area, the nearest resistance zone extends from 1.35 to 1.5. A potential struggle is expected in this range, which is likely to lead to...
MATIC (Polygon) is holding above the Daily 200EMA support and has yet to break it after making contact 5 times since breaking it. So why is a short scalp reasonable? How do we trade this? 🤔 We have a few good reasons to be looking for a counter-trend trade; There have been several sell-offs in the $0.95-$1.10 range, a very strong sell-off at $1.10, the 200EMA...
MATIC is one of the most popular coins and is in consolidation phase, it will soon dump from 0.94 or dump after going towards 1.02. And might plummets up to 0.62 range
Since a bad news came about BITCOIN ETF and whole market crashed, so I expect big coins like MATIC to plummet more in June 2023 range or below. leveraged trade can be opened with low leverage like 3x -5x. Previous long analysis becomes invalid here.
MATIC (Polygon) is at a pivotal moment on the chart; follow-through with the Ascending Triangle and breakout to the upside? Or get rejected a third time and fall back toward the $0.60 level? How do we trade this? 🤔 To justify a long, we need to break the Resistance Zone and test it for support. We're too close to Resistance to long now, the probability of...
Polygon had a beautiful double bottom at the Daily 200EMA and as predicted, ripping to the upside and near completing the trade of our last analysis. Where do we go from here? How do we trade this? 🤔 We likely have more upside to go before we consider a reversal. Wait until the price makes contact with the Resistance Zone at $0.95. Look for a bear signal candle...
Hello, welcome to this MATIC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Polygon (MATIC) also hit multi-week highs on Wednesday. MATIC/USD reached 0.5486 at the start of today's session, bouncing back from a low of 0.536 a day earlier. The move pushed Polygon to its strongest level since September 8, when the token reached a high of 0.5586. Earlier gains have...
Closing below 0.5466$ price level with 1H TF will lead the coin lower: 0.5366 - 0.5288$ (can be even lower, HTF chart is still valid you can check it) Closing above 0.5576$ with 1H candle, means we will be able to see the coin at 0.5666 - 0.5785$ price levels and possible higher.
Hello guys , If we close below 0.94c I expect a big fall down. It only has an hour to go. Give me like if you agree !
Although the global crypto market enjoys ☀️ sunny trading conditions with a few ☁️ scattered clouds in the next 24 hours, as predicted by ATTMO, some altcoins like MATIC may encounter more ☁️ clouds over the one-week horizon, implying a downside risk. Follow us for more crypto weather reports!
I think that the last micro-wave is not yet complete and the price can go down to 0.292 cents. So I'm not in a hurry to buy
MATIC’s price action rebounded from the mid-range. The range low is a confluence of a bullish OB in H12 formed on 16 May and another bullish OB formed in H2 on 14 May. A price rejection at the short-term range high could drag MATIC lower. Entry: $0.89 Target: $0.84 Stop-Loss: $0.91 RR - 2.8
Hello, welcome to this MATIC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Polygon (MATIC) was another notable mover on Thursday as the coin also reversed course today. MATIC/USD touched a peak of 0.8895 at the start of the day, which comes less than 24 hours after trading as low as 0.8591. As a result of today's surge, MATIC is up 3%, moving away from the...
I have good news for shorts holders and bad news for matic holders Bad news because this currency is falling, its price is set in dollars, and good news for short sellers because I marked the entry and specified my target. The first target will be $0.5413, and the second target will be $0.3410. Enjoy, smart guys.
The bullish order block on the daily timeframe formed on 18 Jan has acted as strong support back in March The retest of this zone on 9 March saw prices bounce to $1.24 The subsequent retest in late April did not see a positive reaction- instead, MATIC continued to slide lower from $1.025 to $0.977 over the past two weeks Therefore a daily session close below...
Price action faced rejection at the bearish OB on the 2-hour chart at $1.0140 and dropped to bullish OB at $0.9854 (cyan). A close below the support (cyan) and confirmed downtrend could push MATIC to $0.9515 ( a bullish OB on the daily timeframe). The RSI and OBV dipped - buying pressure eased. But RSI was in a neutral position. Entry: $0.9780 (below bullish...
After few unsuccessful attempts to break the resistance, looks like we are ready for some correction most probably after a liquidity grab considering the strong short time uptrend. NFA
After a test and rejection off upper bounds of a descending trend line we've received a Sell signal from Crypto Tipster v2. There's a nice level at around a 20% drop from the current price which has previous shown as Support/Resistance. This coincides with an ascending trend line nicely which is our target! What Do You Think? If you enjoyed or agree with...