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!
Maticusd
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.
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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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MATIC - Buy the dipWhilst MATIC is currently in a downswing, it is still well within an ascending parallel channel (blue). The various EMAs confirm the bullish setup.
Right now, MATIC is hitting a support zone (green horizontal rectangle). It might well hold. If it doesn't, MATIC will likely fall to the bottom border of the ascending parallel channel at around $1.65. If that holds and the prices bounces off it to break the downtrend resistance line, that is a great opportunity to buy into the upswing. PT $3.15 (100% FIB extension).
So for now my advice is wait and see, but be ready to pounce and make some good $$$.
#Matic getting ready for $2.99 & 3.783 respectively MATIC is getting ready for a major up-move I have highlighted the levels in RED which are good DCA levels for Long Term.
Nearterm we should see matic moving towards $2.99
Matic is a HODL for Long term.
*I do not post charts for day traders / speculators
MATIC Following BTC Correction [10:51/Dec 3] MATIC Following a correction we have a main support resistance line that will impact the price and decision of the trend, some how it looks it can go and find a bottom around $2 this all depends on how low BTC can go on this weekend correction.
Get ready to add more matic later this day.
MATIC Inverse head and shoulders breakoutMATIC Inverse head and shoulders breakout with decent volume
USD pair above S/R as well and nice R/R
###NOT FINANCIAL ADVICE
MATIC to fall to 1.45 resistance level and check for double top I am bearish on MATIC. Clear double top bearish pattern on MATICUSD on both 4H and 1D timeframe. In case of a breach of the 1.45 resistance level, it might head further down onto 1.0, the lower low of the pattern, which also intersects with Fibonacci 0.236 level.
MATIC (POLYGON) RESULTin the previous analysis when I introducded MATIC the price was about 1.6$ and at the moment it is 2$ which means that it experienced around 35% growth.
however,I analyzed it for mid-term.
check the link below to see the previous analysis.
MATIC one of my favorites
MATIC Network is one of the most useful coins in the space as a Layer 2 ETH solution that works well and offers its own plethora of tokens on the platform.
Fundamentally, I like MATIC for years to come beyond the price and am excited to see where development leads.
RSI showing exaggerated bullish divergence, but may be rejected at 60 resistance soon. MATIC would enter the bull control zone above $2.05 and bull critical zone above $3.62.
RSI alert level of 90 would offer price targets of $7+, especially if and when Bitcoin BTC breaks above 70k towards 130k in the next 1-3 months.
BBWP showing extended periods of limited volatility over Nov 2021, indicating major moves incoming (as already seen over the past few days, now 12/01/21).
PMARP indicated accumulation ended around 11/22/21.
TSI generated a sell signal from 10/27/21 to 11/07/21, rising above and falling below +25.
TSI generated a buy signal after falling below the zero line on 11/17/21 after rising above the zero line from 11/25/21 to 11/29/21.
TSI crossed the signal line twice from 11/24/21 to 11/28/21 indicating a long position may be prudent.
CMO dipped below and rose above -50 on 11/17/21, indicating a potential buy signal.
CMO crossed the zero line on 11/25/21, indicating a buy signal.
CMO is currently +35 and once above +50 would indicate a potential sell signal.
SMI crossed signal line on 11/28/21 and zero line on 11/30/21, indicating buy signal.
MATIC - Good Indicators On Current MoveUsing the 1D chart timeframe, Matic has made a recent 14% bump. Both the MacD and RSI are in really good positions for positive movement. In addition, Matic has been following a parallel channel since late September.
Using this analysis one can foresee Matic climbing to the top of the channel to around the 2.50 area.
Using the Fib Retracement scale on the last mid Oct as a reference, we see that Matic has made the same initial jump to 0.618. Although anything could happen, one could quite comfortably estimate Matic continuing the Fib to the 2.50 area.
That’s indicated analysis but personally I believe Matic is undervalued and should be somewhere between $3-$3.50 now.
My thoughts, not advice Oklah. Cheers
matic to 10matic is ready to push the bitcoin market to new heights. This shitcoin will allow uniswap to climb out of the abyss it is in and to evolve into the ponzi it should have been a long time ago.
MATIC 1D BUYMATIC 1D support is at ~$1.6
Enter 50% here
and try to set some buy orders near the support zone
If MATIC holds above the trendline,
the Take-Profit target would be $2.2, $2.5, and $2.8
Cheers
MATIC - Still Strong and bullish 😍👍Personally I'm a Polygon fan and like all that they have done
Matic will have a great future and is one of the best Altcoins for the long-term holding. So buying its dips can have big results
TP 1 and ATH are specified for selling some of your tokens (optional)
Other points are specified in the chart.
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Good time
MATICUSDT | Short/SellMy Argument :
1D Time Frame:
1.The Chart in correction phase, try to finish the correction 4
2. Hit the Support
4H Time Frame:
Wave B has finish now, and make the correction C in the zig-zag correction
MATIC ( polygon ) analysesMATIC ( polygon ) analyses
time frame daily
price is in the bullish channel
we can see double hit on bottom of channel , then raise to last ATH , pulback and make new ATH
now we can see double hit again,
so my first target is ATH and then 3.2$ for next target
MATIC: Holding StrongIn addition to the giant triangle pattern formed on the weekly chart, MATIC has also formed a nice upward channel since mid-July. If this breakout plays out, the next MAJOR target would be $4+ in the next month or two. It can go higher, but for now, let's focus on reaching the 1.618 fib level.
This is not financial advice. These are just my ideas and opinions.
💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.539).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. MATICUSD is in an uptrend, and the continuation of the uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 1.690
TP2= @ 1.724
TP3= @ 1.827
TP4= @ 1.925
TP5= @ 2.061
SL= Break below S2
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MATIC(polygon) PRICE PREDICTIONThis is what we may see for matic (polygon) in the near future as it is acting exactly like ethereum in 2017.
so after breaking this triangle pattern we may see a rise to 3.5-4$ for matic.
