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Polygon

MATIC on the MoveMATIC is currently trading at $1.1091, with a slight drop of -0.78% in the last 24 hours. On the 4-hour timeframe, the asset is hovering above the $1.1003 support level, but below the $1.1280 resistance level. The asset is experiencing moderate volatility, as it trades within the upper and lower Bollinger bands, with $1.1032 being the middle ground. The volume oscillator suggests that traders may not be as interested in MATIC at the moment. The MACD is showing little to no momentum, while the Stochastic oscillator is indicating that the asset may be overbought. The 4-Hour EMA 50 is at $1.1031, which further suggests that this level could act as a support level for the asset. In summary, MATIC is currently facing resistance to moving up but has support to remain stable. The asset is experiencing moderate volatility, and the current trading volume indicates less interest from traders. The MACD suggests little momentum, while the Stochastic oscillator suggests potentially overbought conditions. The 4-Hour EMA 50 further supports the idea that $1.1031 could act as a support level.
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by MonoCoinSignal
6
Polygon aka Matic nice uptrend hey everyone, Polygon is in nice constructive uptrend direction... it may or may not pull back to strong support trendline because its currently consolidating at the point where it is... Previous high was 1.55 approx... next high is 1.72... this year the polygon may break its previous high of $3 if crypto market remain bullish till end of this year... the lowest it can go is 0.98-1.00 since price is above 200ma.. the price may retest the 200ma if market crashes good luck ...
MLong
by baigxy
MATIC: Plan for Swing Trading at Ranging MarketHello Guys! Today I would like to present to you my trade idea for POLYGON/MATIC. As you can see, in 4H time frame here, MATIC has broken the trendline with a solid candle and is now testing the 50 EMA. If you look at 1 day time frame, MATIC is currently at the range between 1-1.2 USD (approximately). The 4H breakout confluences with the rejection from support/range low of 1 USD. Now, as long as MATIC does not break the 1 USD support, or if there is a correction from here, the correction does not exceed the box I draw, we can expect MATIC to go to 1.2-1.25 USD range, which gives us a good trade opportunity. Once MATIC reach the resistance/range high, we can see if there is any bearish signal there, to set up a short trade there back to 1 USD. Good luck with the trading and remember that this is not a financial advice! Trade at your own risk! Hope you find my idea helpful
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by Evolutiontrading-Indonesia
MATIC (Polygon) after 80% profit we enter short !#MATIC / USD Update: $MATIC is currently trading at $1.059 According to Coinlion Trend Trader Indicator, MATIC is currently bearish. Short alert at $1.12 (4th of March) Reminder last bull run from $0.85 (01/11/2023) till the $1.26 (02/25) with plenty of Profit alerts (60-80%) Now we are shorted MATIC There is a buying pressure between $0.94 and $1.01 And we are on a support (200EMA) at $1.04 We can reach the bottom of the ascending channel at $0.95 and take some profit What do you think ? Please click LIKE button and Appreciate my work. Coinlion Trend Trader indicator tells me when to enter short or long, when to exit and when to take profit :-) Thank you.
Short
by Coinlion_TT
MATIC (Polygon) Faces Resistance as Bears Take ControlMATIC (Polygon) is a cryptocurrency that has seen a -3.44% decrease in price over the past 24 hours. As of the time of this analysis, the current price of MATIC is $1.0945. Looking at the daily timeframe, we can see that the price of MATIC is currently below the 0.5 Fibonacci level, which indicates a potential trend reversal. The 0 Fibonacci level sits at 1.2500, while the 1 Fibonacci level is at 0.9426, and the 1.618 Fibonacci level is at 0.7527. This suggests that if the current downward trend continues, the price could potentially fall to these levels of support. The upper Bollinger band on the daily timeframe is at 1.2301, while the lower Bollinger band is at 1.0209, and the middle Bollinger band is at 1.1255. These bands can help us identify potential overbought or oversold levels in the market. Currently, the price is below the middle Bollinger band, indicating that the market is potentially oversold. The RSI is currently at 44, which is close to the oversold region. This indicates that the price of MATIC could potentially rebound in the near future. However, the Stochastic oscillator is currently at 27, which is also in the oversold region, indicating that the downward trend could continue. The MACD is currently at -0.0230, which suggests that the trend is bearish. Additionally, the Volume oscillator is currently at -20%, indicating a decrease in trading volume. Looking at the hourly timeframe, the EMA 100 is at 1.1002, which could potentially act as a level of resistance if the price of MATIC starts to rise. The On-Balance Volume (OBV) is currently at 47.544B, which indicates that there has been a net outflow of funds from MATIC over the past 24 hours. Overall, the price of MATIC has experienced a decrease over the past 24 hours, and the technical indicators suggest that the downward trend could potentially continue. However, there are also signs that the market may be oversold and that the price could rebound in the near future. Traders should monitor the key levels of support and resistance, as well as the volume and technical indicators, to make informed trading decisions.
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by MonoCoinSignal
8
🔥MATIC REACH THE BOTTOM OF THE CHANNEL: REVERSE SOON?🔥Hi, friends! During the last speech of Jerome Powell said that if USA launch CBDC (digital USD), the price of crypto will go to 0. Also, the troubles with US banks push the price of the whole market lower. Matic is one of the strongest altcoins, so I think it will be the top gainer among other altcoins when BTC start the pullback. 📊 MY TRADING PLANS FOR MATIC: 🔥 test the lower boundary of the channel as the support 🔥 test the $0.88-0.92 value area as the support 🔥 volume growth which indicates the bottom 🔥 bullish BTC 🚩 I use DOM and Footrpint ✅ MY TARGETS FOR MATIC: 1. $1.4 - the mid of the channel 2. $1.8 - the top of the channel 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade
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by Yuriy_Bishko
2
✴️ Let's Zoom In On Polygon | Easy Fast Target MappedWe looked at MATICUSDT (Polygon) long-term, weekly timeframe, but what about the short-term, how are things looking? Things are looking good to go straight to the point. When looking at the daily timeframe we can see MATICUSDT just recovered after hitting MA200. This right away tells us that this move is only getting started and there is more to come. This recovery happens at a higher low and thus the higher high is basically guaranteed. If not certainly, these additional bullish signals should help: - Increasing volume. - Bullish MACD cross and Bullish RSI. This is a powerful signal. Both indicators are showing hidden bullish divergence as they printed lower lows in a period when MATICUSDT printed a strong higher low. We've been saying it will continue growing and it is happening... Be prepared! Maximize profits because we don't know how the year will end. Secure, stay safe. See the "Related Ideas" below. Like/Boost, Comment & Follow! Namaste.
MLong
by MasterAnanda
1
✴️ Polygon Super Healthy, Potential To Move Above $2.35MATICUSDT (Polygon) continues with one of the healthiest chart. We had a 3 weeks correction that bounced off EMA100 and closed above EMA10. Weekly, prices remain safely trading above all these moving averages (EMA10/21/50/100), this is ultra-bullish. Higher highs and higher lows since June 2022, more to come, stay tuned. The target is set above $2.35 but we go step by step. Remember to boost, comment and follow. Namaste.
MLong
by MasterAnanda
5
Potential for Growth in MATIC's PriceMATIC is currently trading at $1.1696 with an RSI of 53.94 on a 4-hour timeframe. The asset's price seems to be moving within the middle Bollinger band, which indicates that there is moderate volatility in the market. The 4-hour timeframe Fibonacci levels are also indicating some important levels of support and resistance for Matic. The upper Bollinger band is at $1.2599, and the lower Bollinger band is at $1.0474. These bands are often used to indicate levels of support and resistance for an asset, and Matic's price seems to be trading between these two levels. The 0 Fibonacci level at $1.2443 and the 0.5 Fibonacci level at $1.0935 are also important levels of support and resistance to watch for. The MACD for Matic is currently at 0.0331, indicating some bullish momentum in the market. However, the volume oscillator is at -12.39%, which may indicate that there is not a lot of interest or momentum from traders at the moment. The stochastic oscillator is also at 49, indicating that the asset is currently neither oversold nor overbought. In recent news, the CEO of Polygon (Matic), Sandeep Nailwal, has announced that Ethereum (ETH) is the future of Layer 1. This news could potentially have a positive impact on Matic's price, as Polygon is built on the Ethereum network. It suggests that there is a bright future for Matic as a Layer 2 scaling solution for Ethereum. Furthermore, the article also mentions a new project called HedgeUp (HDUP), which aims to lead the Web 3.0 alternative crypto sphere. This new project could also have a positive impact on Matic's price, as it highlights the growing interest and adoption of cryptocurrencies and blockchain technology. Overall, based on the technical indicators and recent news, Matic's price seems to be stable with moderate volatility. The Fibonacci levels, Bollinger bands, MACD, and stochastic oscillator indicate that the asset is currently trading within a range. However, the news about Ethereum's future and the launch of HedgeUp suggests that there is potential for growth and adoption of Matic in the future.
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by MonoCoinSignal
5
Polygon Matic UsdtIF Not APT Polygon Matic has been one of the best performing asset during the bull run and during this accumulation period I wish i was in belief at the bottom but i was waiting to see BTC BOTTOM OUT and i sill havent open any position on Matic WHY do matic make me think of Mars Maybe its EARTH LAYERR 2 LMAO What i really wish for; in the coming days after cpi I wish to stay Neutral But an Old WISE MAN ONCE SAID GO SHOPPING WHEN THERE IS BLOOD IN THE STREET LMAO WARREN ICT STUDENT This is not a financial advice OR TRADE SIGNAL DYOR
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by Wakandian
MATIC- New Targets (1.7$ next for now)MATIC POLYGON has been growing and becoming a success story in crypto. Since my first idea at 40 cents: we have had many ups and down...but mostly ups. Polygon has been a great one to buy every time the market dips and that's again today. 0.96 is support and if that fails we could see 76 cents again but i think this could be a great time to attempt a Long position (i do have a SL under 94 cents). News: Polygon Labs is proud to drop its Core Policy Principles – a set of four guideposts that will drive our approach to advocating for sound laws for the web3 ecosystem. More info 👇 Principles is something GREAT when it comes to crypto (so many scams out there...) Starbucks Sells 2,000 NFTs In Just 20 Minutes — But No Free Coffee Included: Starbucks Odyssey on Thursday unveiled its first set of paid-for NFTs, called “digital stamps,” which were sold out in under 20 minutes. What Happened: The Starbucks NFT program is invitation-only, offering customers the chance to take part in activities such as quizzes and in-store purchases to earn Stamps. These Stamps can then be collected and even resold on the cryptocurrency-trading platform, Nifty Gateway. uk.investing.com In general.. Matic is an oasis in a troubled crypto sphere. Go Matic! One Love, The FXPROFESSOR REMEMBER TO ENTER ON SUPPORT AND TAKE PROFIT AT RESISTANCE:
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by FX_Professor
✴️ Polygon (MATIC) End Of The Correction?It is hard to call the end of a correction but why? The bots adapt life to everything we do, everything we comment, everything we write, everything we share. The correction can be due to be over now but if a large influx of money enters the market, the exchanges bots will "readjust" and dump on all of us rather than let the market flow. No worries. The majority is in denial and it is hard to spot the end of a correction after all... Again, why? Because there are multiple levels that are relevant for a correction to end. Here we have the 0.618 Fib. retracement level short-term activated, below 0.382 Fib. retracement for the full bullish wave (since June) and lastly, the 0.5 Fib. extension level for this same wave as well. The correction can end here when we look at the volume and the indicators, they already moved down strong enough but, if prices where to continue lower, the 0.8600 to 0.8900 price range is the next strong support. It doesn't matter if the correction will end now or within a few days more... The bullish potential is really strong, Polygon has been growing since its June 2022 low. ✔️ 263 Days of higher highs and higher lows or almost 9 months. ✔️ The bear market ended in June 2022 for MATICUSDT... True, the bear market ended long ago. ✔️ Adapt and change. ✔️ Think long-term. Thanks a lot for your amazing and continued support. Namaste.
MLong
by MasterAnanda
MATIC: Approaching SupportPolygon (MATIC) technical analysis: Trade setup : Price was rejected at $1.60 resistance and pulled back near $1.00 support, which could be an attractive swing entry. Momentum is inflecting bullish again (MACD Histogram rising). Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $1.00, then $0.75. The nearest Resistance Zone is $1.30, then $1.60.
MLong
by altFINS