Matic : Watch tor a shorting opportunityMATIC is resting on an inclined trendline for the past few months and it is seen to get weaker and weaker.
Everyone Hyping a lot on #Matic. But i'm Planning to short it once it loses the bottom trendline.
Now just waiting patiently for the things to happen.
Maticusd
Polygon - a short term analysis (important)There are 2 scenarios
If Bitcoin continues to fall, Matic is likely to miss this short uptrend and could drop as low as $1.7
But Polygon has enough power to keep climbing and even touching ATH at $2.7 (even with a slow BTC drop)
However if the yellow trend line breaks, You can sell a small amount of your Matic for around $2.02 and wait for lower prices to re-enter
Remember that MATIC Supply on exchange is less than 0.2% and is still decreasing ..
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Good time
MATIC - Purple War Zone!MATIC is overall bullish trading inside our blue channel and now approaching the lower blue trendline acting as non-horizontal support, we will be looking for Trend-Following Buy setups.
Moreover, the area 1.6-1.7 is a "Resistance turned into Support".
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
As per my trading style:
I will be waiting for MATIC to approach the highlighted purple circle area to look for buy setups (like a double bottom, trendline break, and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
#matic cup and handle playing out?matic might be preparing for a cup and handle play, lets see what plays out!
MATIC - coin that could😍. I'm waiting for growthThe coin did not react much to the fall of bitcoin, lives its own life and continues to recover to the global top.
We have a level of 2.178, the price did not go down after a false breakout, it returns to retest. If:
if today we close near 2.178 and go to retest, there will most likely be a breakdown.
I'm waiting for the breakdown of 2.178 and growth to the resistance of 2.438
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
MATIC short term AnalysisHi,
As Polygon is very interesting in our opinion and its technical is far better than all the altcoins, we've provided this TA.
Positive sign = if price breaks the yellow line down with a slightly sharp movement.
The Green area is fine for a short-term buy position in 1h chart
it's possible if the price reacts to the red line in a sharp way.
Like and Comment and Follow us for more TA and news
Wyckoff Accumulation Schematic #1 in MATICHi, This Schematic might come true and might end up failed at the end. Since bitcoin is very uncertain and might fall.
this is just to review an example of this deception-based method.
Follow and like to support
$MATIC BULLISH TO $30average true range turning to upside with a signal to a break out
measured move from bullish pennant is $30
length of time for the move to play out should be 3 to 6 months
not financial advice
matic/usd Beautiful trend building upMatic has been following a trend with in the cannel pattern making it easier for us to know entries & exits.
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
MATICUSD LONGVolume on the faily chart has really picked up. All in support of the break of $2 and surge to ATH's.
Correction expected on MATICMATIC is still in uptrend channel but is expected to take a short term correction.
so you wanna buy matic?alot of ppl are hyping up matic rn, ppl are trying to compare matic to eth 2017.
i saw the same thing happn for xrp bfor we had its massive drop recently
i also saw the same thing happn when btc reached 69k
when ppl where hyping 100 thousand
i hvnt checked the fear n greed index for matic but i can assume were extreme greed atm
unless we throw momentum out of the window then we wont see that massive run up everyone's looking at
were stiil in a time where up or down isnt very clear for btc
so dca matic is your best option
here's your entry's
fib retracement and channel fibs
.75 .5 .25 n all of the golden pockets
or support above channel breakout
Another MATIC and ETH Comparison. BUY MATIC!Early days of MATICUSD are extremely similar to the early days of ETHUSD
Both are within falling wedges
This is my second comparison of these two, the first was of the BTC pair
another example of the 'weak market' hypotheses
link below
I have just loaded up on MATIC based on these analyses
MATIC's way to 4$Hello every one
MATIC/USDT
MATIC has Formed a Pretty big Rounded Bottom! This Means The Price can Increase as Much as the Measured Price Movement Which is as much as The Length between The Top & Bottom of This Pattern! a break out Is needed For Confirmation But This Break out has not accrued yet So It is Not Safe To Trade it Right Now! If our Prediction Comes True, We can Expect To see MATIC at 4$ In Mid Term!
Summery:
-MATIC is in a Big Rounded Bottom!
-No Break out yet
-MATIC can Reach 4$ in Mid Term!
If you need Signals with Great Profits for MATIC or any other Crypto Currencies,We Have a Great VIP channel Which you can Enjoy Easy Profits! just Send a Word to Us on Telegram!
🔴This is only an idea and not a financial advise ( NFA )🔴
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
MATIC TOP PATTERN Matic does look a lot like ENJ... Is the top in?
Matic does look a lot like ENJ... Is the top in?
MATIC $2.82 Target and Trade Still in Tact ...but risky!In this video:
* A quick 3:37 run down of a hot altcoin, MATIC
* Final target $2.82 but exercise caution and find a decent support for entry!
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.
Matic activates new bullish short term price target #MATIC - After breakout and confirmation through pullback the momentum started to rise. #Matic next short term price target based on the breakout at $2.72 is activated. Interesting note: RSI(34) has already indicated buy signals since 22.Nov after defending the 48.5-level.
matic ~love me some matic,
but not up at these levels :^)
give me $1.51~1.60 & i'll jump back into a decent position.
i'm quite bullish on matic after this final raid, will do a full analysis on it in the days ahead.
----
Wave C target = $1.51
MATICUSD Bullish break-out possible to $3.00MATICUSD has been trading within a Channel Up (green pattern) and Higher Lows since July 20 market bottom. It was when the MACD indicator made its lowest Bullish Cross formation and we've seen the same Bullish Cross pattern on every Higher Low contact on that Channel Up with the most recent being in the last week of November. As you see this Cross is always the beginning of a new rally within the Channel Up.
There has been a Diverging Channel Up (red lines) mostly based on Higher Highs that has an upside limit right now around 2.600 - 2.700. If that breaks, Polygon should target $3.0, which is the decelerated rise percentage since the September 05 High and also slightly below the 2.5 Fibonacci retracement level.
The price has been supported on the 1D MA100 (green trend-line) since November 16 and on the 1D MA200 (orange trend-line) since July 20. Based on the MACD, we may be at the start of a strong 1 month rally.
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