MATIC to retest $0.95? MATIC faced price rejection at $0.95, setting it to retrace near the range low.
In the second half of May, the price reacted to the $0.86 - $0.88 zone (cyan). This level could offer a long opportunity, targeting $0.95.
Entry: $0.882
Exit: $0.950
SL: $0.863
RR: 3.7
Maticusdlong
Matic/USD, I will buy MATIC at $0.2!Greetings everyone! It's great to be back with another analysis. Today, I'd like to share my thoughts on the Matic/USD market. In my opinion, the current rally of Matic is presenting us with a favorable opportunity to establish a short position. The supply or resistance level is reportedly above $1.4, and as a result, I recommend short selling Matic at a price range of $1.4 to $1.5.
In terms of spot trading, I advise against purchasing Matic until its value reaches the range of $0.19 to $0.2. It is important to always perform due diligence and exercise caution when making investment decisions. Stay safe and be sure to do your own research.
MATIC/USDT :: Soon the triangle will be broken !!!MATIC/USDT :::
Price ceilings are formed on the same level and price floors are closed above each other, and these events have caused a great triangle to form.
The best thing to do in such cases is to wait until the price finds its way and exits the triangle .
MATIC: Great prospectsThe situation is excellent for MATIC.
Earlier, the impulse was formed, the structure of the waves of which is easy to identify.
At the moment some ABC correction is formed, in which wave C may be completed very soon.
I will open a long position on the completion of the intermediate wave C (within ABC zigzag), in order to make profit for a large wave 3 or C.
MATICUSDT: Setups for Long & ShortOnce again, I made a more detailed recount of wave levels for MATIC.
Apparently the impulse structure in the big wave 1 or A has already ended, and now the correction in the big wave 2 or B continues.
I considered the coin earlier to open a short position, but I decided not to rush and wait for the first signs for the price reversal. I am not sure yet that the correction in wave B (in wave 2 or B) has ended.
Anyway, even if fail to open a short position (due to the ambiguity of the situation), I already expect the price to reach the internal support levels where I will be open a long position.
MATICUSDT: Bullish rally will continueI'm sharing with you another great trading plan for medium-term position holding and local trade planning for MATIC coin.
In the medium term, the correction in the form of ABC pattern (in wave B) is probably completed.
At the moment the impulse structure of wave 1 is already forming within the big C wave.
Locally, the price took a timeout for the correction in wave 4, after which we should expect the continuation of growth in the framework of wave 5 (in wave 1).
It is possible to try to win back the local decrease by opening a short position at the first signs of price reversal to start the decrease in the framework of wave C (in wave 4).
Opening a long position is relevant on the border of the main ascending channel and the trend line.
MATIC - what we looking atI like MATIC. I think its a solid project and seems to have a legitimate team and agenda behind it.
Heres what are looking at ahead in terms of key price areas, support/resistance. Number 1 through 5, these are the big lines ive identified (time will tell how they play out). (Fibonacci mapping from absolute high to local low here.)
Price action is grinding up towards the neckline of this inverse head and shoulders and it looks like things are going to coincide with the macro downtrend overhead; that has been in place for quite some time now. I'm expecting some consolidation either below or above the neckline, before a decent break to the upside; the first target of which (Taking the height of the head component for reference) takes us to the 0.786 fib level
Im looking forward to what's to come for MATIC
MATIC long ideaAnother long idea here.
mindful of what bitcoin decides to do obviously.
But the candle patterns look good on this swing high here. Stops would be just below the recent swing low.
Target is the overhead resistance.
MATICUSDT - Falling Wedge PatternMATICUSDT (1D Chart) Technical analysis
MATICUSDT (1D Chart) Currently trading at $1.49
Buy level: Above $1.52
Stop loss: Below $1.30
Target 1: $1.67
Target 2: $1.93
Target 3: $2.4
Target 4: $2.89
Max Leverage 2x
Always keep Stop loss
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MATIC Long Continuation..For More Daily Detailed Analysis, Don't forget to click on the Follow button. Also, if you have any Questions, Please do ask them!
A lot of Traders are trading MATIC because of its latest movement amongst cryptocurrencies.
We can look long for a continuation on the current upmove after a further dip.. this is because we are seeing comfortable support and price rejection at this Area,
Trade small when dealing with HVA's and look to exit at the eclipse symbol area.
MATICUSD LONGER TERMFor More Daily Detailed Analysis, Go ahead and click on the follow button. Also please do ask any Questions should you have them,
Here we have our MATIC USD Chart for Crypto Traders..
We are looking long on the current uptrend. We have seen strong Price rejection around the current area and we are looking for the move to continue up with our Long BIAS..
This is For those who Are Holding MATIC. Trade carefully and Small To avoid any Fast Market Moving losses. HVA's can move Real quick and you want to Be Trading on the right side AND safely..
Look for exit around the eclipse symbol area.
Matic zooming in..For More Daily Detailed Analysis, Don't forget to go ahead and click on the follow button. Also, if you have any questions, please do ask them..
We are looking at the RE long zone on a small drop. Use your key lower timeframes to zoom in and look for entry/exit.
After the large fall.. We want a larger rise. In uptrend this is Frequent and IN LINE with the market.. The best way to trade. Buy the dip when it comes..
Exit at the eclipse symbol area.
MATIC Long after PA..For More Daily Detailed Analysis, Don't forget to go ahead and click on the follow button. Also, if you have any questions, please do ask them..
Here we have our Crypto chart Matic/Usd on the WEEKLY. We are looking at an uptrend on this timeframe.
Long term this asset is looking for a higher move off from our current key MA's. We have just seen great Price action off from the last rapid fall on current market sentiment and Tech selloffs.
Our long target is back to some comfortable resistance and a clear exit away from our longer Term MA'.s
Exit at the eclipse symbol Area.
Polygon (Matic) To Retest ATH, Next Stop $3.47 @ 127.20% FibsGreat bounce for Polygon (Matic) on the trend-line support level just above the 61.80% fibs. From here Polygon (Matic) is currently only 49% gain away from our $3.47 target at the 127.20% fibs and only 23% away from the ATH at $2.88.
Our current price Targets for Polygon from the current price:
127.20% Fibs at $3.47 (49% Gain)
161.80% Fibs at $4.22 (80% Gain)
261.80% Fibs at $6.41 (175% Gain)
461.80% Fibs at $10.78 (361% Gain)
Please see previous analysis below. Happy Trading :)
Polygon (Matic) Update: 18/12/21
Polygon (Matic) To Retest ATH , Next Stop $3.24 @ 127.20% Fibs currently only 55% gain away from the current price. Polygon (Matic) is currently only 29% from the ATH @ $2.88..we need a clear breakout above the 78.60% fibs, a daily close above this key level of resistance would turn the 78.60% fibs into a strong support level for the next Matic parabolic run as it looks set ready for price discovery with all the latest developments & looking at the price action 🚀
Polygon (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.
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.
MATICUSDT - Resistance Breakout!!MATICUSDT (4h Chart) Technical analysis
MATICUSDT (4h Chart) Currently trading at $2.56
Buy level :Above $2.57
Stop loss: Below $2.25
TP1: $2.70
TP2: $2.90
TP3: $3.09
TP4: $3.25
Max Leverage 2x / Spot market
Always keep Stop loss
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Matic is about to boom* Matic in 1D time frame forms a Head and Shoulder pattern around it's major support near $1 and facing a resistance around $1.5.
* If Matic moves above $1.5 it will be in a bullish trend respecting the given levels.