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Polygon

Polygon Ecosystem Token Last Chance, It Is Not Too LateLet's close the day with a classic —RSI bullish divergence. Polygon Ecosystem Token (POL) has been moving lower and hit bottom on the 7th of April. It's RSI on the other hand isn't doing the same, it bottomed in early July 2024. While POLUSDT went on to produce lower lows, its 3D RSI has been doing higher lows. This is a very strong bullish divergence and also a classic reversal signal. This signal coupled with volume and marketwide action confirms that the bottom is in. This pair is going through a pause now, a small one, before additional-huge growth. The market is giving us one last chance to buy all we want before massive growth. When the next move starts, there will never be a chance to buy at prices like we have now today. This is good. Cryptocurrency will evolve and the entire world will benefit. This is a friendly reminder. Time to work. Wake up! It is not too late. Namaste.
Long
by MasterAnanda
4
#POL/USDT#POL The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.2400. We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.2480 First target: 2565 Second target: 0.2645 Third target: 0.2734
Long
by CryptoAnalystSignal
Polygon POL ex-MATIC price analysisIs the price of #POL ex-#Matic starting to wake up? For those who are new to the crypto market, we will remind you that the last time the price of OKX:POLUSDT grew significantly was back in 2020, and since 2021 it has been in a downward trend. The main task for #POLUSD buyers is to try to fix the price above $0.30. 📈 Only after this condition is met can a difficult and thorny path of growth to $0.66 open up. There will surely be many people willing to sell #Polygon along the way, after 4+ years of sitting in a drawdown. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
Possible scenario for POL for next few monthsHello, looks like we are in a big challenge aren't we? Not only BINANCE:POLUSDT but also almost every cryptos are dropping hard due to news of the U.S. interest rate cut adjustments. In last post, I mentioned two possible scenarios, rally or adjustment, and we are in adjustment unfortunately. However, don't jump into conclusion that cryptos are doomed and there will be only a apocalypse. It's too early to say that. Today, I wanna share my point of view of future scenarios of POL. And I tell you my conclusion first: LONG 📈. Here's the reasons. ======================================= 1) Now the price almost touched 60 days moving average line, and 4 Hours Chart RSI is also in oversell area. This can be as a possible support for a short period. 2) Also, the price is almost near of 0.618 level of Fib. retracement($0.45). In addtion, there were a lot of trading volume in the past, which means also there will be a support. I believe that price will not go down easily through this level. 3) If we consider past 30 days of rally as an eliot impulse wave, I think we are in ABC correction phase. And after that, we can think another rally again. 4) If we look into a chart with weekly period, I think this kind of view is also not quite impossible... but it's just my hope for now. ======================================= Hope my vision will come true in the future. Don't be so disappointed, fellows! Our life and journey are "long", and so is our chart.
Long
by YourMoneyReplacedByBigShort
POL (MATIC) Falling Channel BreakoutBINANCE:POLUSDT is attempting a breakout from a nearly 6-months long falling channel. A daily close above the resistance would offer confirmation. Watch for a potential retest of the resistance as support, as the overbought Daily RSI could signal an imminent pullback. Key Levels Aside from the support, these are all good candidates for partial TPs. • $0.15-$0.17: Bull order block and current support • $0.30: Previous S/R, 0.236 fib of the move down, and HVN. Will likely offer resistance. • $0.53: Previous S/R, and 0.618 fib of the move down. • $0.66-$0.77: Main supply zone, and December 2024 high.
Long
by AliferCrypto
Polygon: Your Altcoin ChoicePolygon has been bearish since early December 2024, same with most of the Altcoins market. This bearish period is coming to an end and I can say this based on two simple signals. A bullish divergence with the RSI and a falling wedge pattern. The falling wedge pattern on its own can be doubtful because it can always extend. In fact, any signal in isolation can produce more harm than good. That is why I always look at a combination of signals to support my bias. There is also a small volume breakout yesterday. This is a weak signal but when combined with the RSI bullish divergence and marketwide action, what the rest of the market is doing, it becomes a strong early signal. ➖ MATICUSD Daily RSI Bullish Divergence Polygon's daily RSI hit bottom in early November 2024. Ever since, it has been producing higher lows. This makes it a very strong bullish divergence. MATICUSD has been moving lower and producing strong lower lows. This is the reversal signal. Polygon will soon grow. Thanks a lot for your Altcoin Choice. Namaste.
COINBASE:MATICUSDLong
by MasterAnanda
(B3) Base3 "NFT opensea challenge"Something to consider when developing an NFT project to be offered on Opensea; Even though Base is offered as an alternative to Ethereum, the highest cost blockchain, B3 is tradable. With NFT projects an aspect of their profitability comes from the tradability history of Ethereum NFT information, as we know. If you consider developing and offering an NFT on Opensea you may want to consider a tradable layer-1 that you can hold in value along with offering NFTs for trade/sale, such as; B3, Avalanche, Polygon, Sei, Arbitrum, Berachain, Blast, Ethereum, Flow, and Optimism. And if you use Binance you could also consider Klaytn--not traded on Coinbase or Kraken. BASE is the new cutting edge offering trending so much based on PEPE coin yet what it does not have is the ability to see the growth of the chain improve the price of the NFT. This is something to consider when you decide to offer an NFT on Opensea, or elsewhere. I'm not trying to hate on Brian or BASE so much as I'm seeing the concept behind why I would actually choose B3 over using BASE, and so on. Berachain is sort of new and I would not swear by it, plus, who wnats to see a bear market right now, not me. Lots of people talked about Arbitrum and the fact is for as much hype as was placed on Arbitrum the outcome was not great enough to counter the more popular Solana.
COINBASE:B3USD
by CryptocurrencyBlot
Polygon Ecosystem 4,300% Potential @10XHere we have several signals related to the candles low and close. We've been looking at Polygon (POLUSDT) for a long while now and this is a great example of 'patience is key.' Definitely mandatory to have patience. It takes time for the bullish wave to unravel because we are always early, but once the action starts it cannot be stopped. We have the blessing of being able to be around right at the bottom, with plenty of time to plan, buy-up and accumulate. Many people won't be as lucky, they will hear/learn/know about the market only when it is too late or when the bullish wave is halfway. The last candle closed as a hammer with the highest volume ever. The session low is a higher low compared to the 3-Feb session. A hammer is a reversal signal when it comes at the end of a trend. The high buy-volume confirms the hammer as a bullish reversal signal. Normally, 1-2 weeks are needed for confirmation but we know that will happen next. I don't wait. The close this week (last week) ended up being higher than the late October 2024 market low. This is another important signal. Twice POLUSDT wicked lower in February, but closed above this level. This level is marked with a purple line on the chart. As a friendly tip. We are active with high leverage on this pair. The chart is ready, the market is ready and timing is great. 430% potential with 10X can lead to 4,300%. This is possible and do-able. There will be more of course. Opportunities abound in this market. Crypto is going up. Buy and hold. Thank you for reading. Namaste.
Long
by MasterAnanda
4
POLYX Buy Signal Given!Trading Fam, It’s been a bit slow recently so I thought I’d throw out a free alert just to keep you all in the game. We’re getting close to another run here soon. I know, it feels like I have been saying this for weeks. I have. Trading often involves extreme patience. In our case above, POLYX has given us not one but two green dots from my Dots and Blocks indicator inside the liquidity block. This gives me a special confidence that this coin is going to run soon. I would target that double-top at .435, take some off, and let the rest ride. Best of luck. Hey, if you do enter this trade and make some cash, be sure to come back here and let me know in the comments. I love it when my followers find profits. ✌️Stew
Long
by stewdamus
3
Polygon at Key Support Zone - Will It Bounce to 0.4700?COINBASE:MATICUSD has reached a significant support level that has previously attracted buying interest, often resulting in bullish recoveries. This level aligns with previous market reactions, highlighting its role as a key area to watch. If the support holds and bullish confirmation emerges—such as bullish engulfing candles or long lower wicks—a move toward the 0.4700 level is anticipated. However, if the support is broken, the bullish outlook could be invalidated, opening the door for further bearish momentum. Traders should closely monitor this zone for signs of buyer strength before considering long positions. As always, risk management is essential to mitigate potential losses.
COINBASE:MATICUSDLong
by TrendDiva
1
POL/USDT Trading ScenarioIn November, POL showed confident growth driven by euphoria following the U.S. presidential election results. The asset's price surged from $0.2852 to $0.7705, marking a gain of over 160%. However, profit-taking by market participants soon followed, resulting in a correction that now exceeds 46%. Currently, seller activity appears to be waning, with a support level forming at $0.4104, from which the price has rebounded twice. Volume profile analysis indicates that POL has stabilized within a zone of market interest. Further declines may occur as liquidity from short-term players is absorbed, potentially setting the stage for a trend reversal. The recovery dynamics and subsequent growth of the asset are largely influenced by U.S. macroeconomic indicators. Special attention is being paid to the Federal Reserve's decisions on adjusting the key interest rate, which are revised based on current data.
by Rick_SimpleSwap
TradeCityPro | MATIC(POL) Fresh Look at MATIC During Christmas👋 Welcome to TradeCityPro Channel! Let’s analyze POL, formerly known as MATIC, due to your frequent requests. 😊 🌐 Overview Bitcoin Before starting, let’s take a look at Bitcoin. In the 1-hour timeframe, it is currently fluctuating below the 98807 resistance. This resistance has been tested multiple times, indicating a high probability of breaking through. It seems likely that Bitcoin dominance will increase along with this potential upward movement. Therefore, it might be better to either Open a position on Bitcoin itself, Look for altcoins that show a bullish trend against Bitcoin and take triggers to open positions, Just make sure to watch out for Bitcoin’s low volume. 📅 Weekly Timeframe MATIC, which once ranked well in the market, is now underperforming. The repeated blockchain hacks have caused significant damage to its ecosystem, leading to the rebranding from MATIC to POL. MATIC could have remained among the top 10 coins, but poor project management caused DeFi activities and TVL to shift to platforms like Solana, SUI, and Base. Personally, I wouldn’t consider buying MATIC unless its DeFi ecosystem becomes active again. For those interested in purchasing, buying above 0.7629 could be an option, but only if the volume increases for both the coin and its chain. If you have been holding MATIC for some time, I suggest selling below 0.3636 in the weekly timeframe. On lower timeframes, I can suggest other exit points. Alternatively, you can use DeFi platforms to create USDT liquidity using borrow & lend mechanisms. Note that MATIC faked the 0.3636 support and rebounded with a bullish engulfing candle, creating a new upward move. Personally, I might become interested in this coin after 1.2457. 🌞 Daily Timeframe After bouncing from 0.2922, MATIC had a solid upward movement. However, most coins experienced similar trends, so it cannot be said that MATIC outperformed. If the price doesn’t drop below 0.4738, it can be considered a sign of gradual recovery. This level is significant both from a Dow Theory and Fibonacci perspective. If 0.5794 resistance isn’t broken and the price gets rejected, there is a high probability of losing the 0.4738 support. I recommend selling your holdings if the 0.4738 level breaks and you have purchased at higher levels. However, if your entry was at 0.3623 or lower, you can continue holding and exit risk-free. ⏰ 4-Hour Timeframe MATIC is currently stuck below the 0.5316 resistance and fluctuates within the range of 0.4654 to 0.5316. 📈 Long Position Trigger I would personally avoid this coin due to its low volume. However, after breaking 0.5316, you can open a risky long position if you’re comfortable with the risk. I’d still prefer to long Bitcoin instead. 📉 Short Position Trigger given the weak condition of this coin, you can consider opening a short position below 0.4654. Keep in mind that your short trades should have quick profit-taking and small stop-losses to exit the market efficiently. 📝 Final Thoughts Stay calm, trade wisely, and let's capture the market's best opportunities! This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
COINBASE:MATICUSD
by tradecitypro
21