Polygon (MATIC): Target 1 and 2 hit! ...and now what's the next?Hi everyone!
The short-term technical structure is still very interesting and Polygon (MATIC) seems to still be projected to the upside again. After hitting our first two targets (see chart below), either before or after a corrective structure, I expect to reach my last target around 1.15 area, so I'll try to add Long positions on short-term pullbacks. The chart shown is in logarithmic scale on one hour time frame.
PREVIOUS ANALYSIS
(Click on chart below)
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
Polygon
The next targetsThe buying pressure under the resistance range of 1.055 dollars caused this resistance level to be broken. Therefore, the next target of buyers can be considered in the range of 1.25 to 1.30 dollars. Also, breaking this resistance has caused the price to exit the range channel, which we can consider a higher target as the second target for MATIC. This resistance is considered in the range of 1.61 to 1.71 dollars.
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 .
Polygon MATIC leaving the penny crypto area after last Fakeout⁉️MATIC leaving the penny crypto area after last Fakeout⁉️
Like in Stock Market the $1 mark is important for cryptocurrencies as well
Just see Polygon price reaction on the chart
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
MATIC (Polygon): Buy the Dip Strategy in short termHi everyone!
Matic Polygon' main trend is still bearish , but we do not rule out some interesting corrective moves in the near term. If our analysis is correct, it might be interesting to accumulate on corrective swing and let Long positions run to 0.9304 as first bullish target.
If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below.
thanks for your attention and please... trade with care! 💖
matic start to show some weakness im going short from 1.30 $ first take profit 0.90
second 0.80
stop lose 1.35 BINANCE:MATICUSDT
Polygon (MATIC): ...bullish continuation in short term?Hi everyone!
Polygon (MATIC) has triggered a beautiful rally that we have followed in the last few weeks (see chart below), having said that, the trend is still bullish on intraday chart and from a technical point of view, it should be Long on all pullbacks in small times frame.
PREVIOUS ANALYSIS
(Click and Play on chart below)
Thank you for support and your "Likes" ....we will continue to follow the crypto with updates below!
thanks for your attention and please... trade with care! 💖
POLYGON/MATIC to $1.30-1.35Measured move off breakout on 3 day that closes tonight would be 1.30-1.35 looking at the FIB levels and the VPBR on the right for resistance room to grow a bit more and BTC has a similar area of volume at 30K and giant falling pizza too with the 61.8 at $48K, Remember the last bear market rally from $3k base to $14K Gonna Get interesting, see what happens in traditional markets and world tensions, could dampen any rally.
matic usdtbreakout on time frame 1d,nice for long therm breakout on time frame 1d,
tp 1 = 1,45
matic usdtbreakout on time frame 1d,nice for long therm
$MATIC - coming to LifeHello my Fellow TraderZ,
It seems #POLYGON ($MATIC) is breaking of the SYMMETRICAL TRIANGLE and looking forward to test its immediate resistance area ~ $1.25.
Most of the coins have pumped but $MATIC is lagging among them. Follow #BTC also if it pullbacks, $MATIC is no exception and will se the support below.
Happy Trading Fam. CHEERS!!!
MATICUSDT, key zones to watch and next move. UpdateHello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. We said that the price has the potential to break its resistance and now the resistance is broken and IF the pullback is confirmed, it will continue to reach the target. The targets will be 1.3 and 1.7 .
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
🔥 MATIC IS GOING TO BREAK $1 KEY LEVEL!🔥 Hi friends! The value area is a place where the whales accumulate/distribute their positions. Now MATIC is consolidainge inside the HUGE value area and I think it's an accumulation.
🚩The price of this altcoin should skyrocketing when it break the top boundary of this area ($0.96). So this is a main reason to open our longs before it happen and make a good profit.
📊 THE TRADING PLAN FOR MATIC:
1. squeeze to the trendline after the pullback
2. the huge buy orders on DOM and Footprint sclaping tools before the breakout
3. bullish BTC is a must have for the 99% of altcoins growth
🚩 The huge volume confirm the liquidation of the overleveraged long traders. It's force me to think that the recovery is possible even in a short term.
✅ MY TARGETS FOR MATIC:
🔥 $1 - key level and even number
🔥 $1.16 - key level and local high
🔥 $1.3 - key level and local high
Traders, I recommend you to book at least 30% of profit when the price reach each of our targets. Make a money and stay tuned!
💻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
MATIC - Long scenarioThere are possible scenarios for matic to move upward.
targets are on the chart and keep in mind that any position you open, should have stoploss on 0.7. design your position with this SL and a good risk/reward.
in the green zone, we might have very low momentum, but as daily MACD gets above 0, it will jump.
all the idea will expire after getting lower than 0.7
$MATIC position being closedClosed $MATIC position entirely before
If wrong, it's okay, am sure other #crypto coins will pump more if this keeps pumping
Not liking RSI atm
If it sells off decently will rebuy, again
#p2e #metaverse #nft
MATICUSDT, key zones to watch and next moveHello guys, Everything is explained on the chart for you like always. Matic is below a strong resistance zone for now but has the potential to break it. Possible and expected next move and targets are explained to you. The targets will be 1.3 and 1.7 .
Good luck.
If you like the idea, do not forget to support with a like and follow me for next analysis :)
Write your comment and opinion below to me
Polygon (Matic) potential cup and handleAbout to enter Elliot Wave 3...very bullish...I can see upside potential to $2.40 longer term...expecting a short-term pop soon.
MATIC GONNA EXPLODEHidden bullish div on MFI. MFI is forming a falling wedge which will explode upside.
Feel free to comment your opinion.
MATIC - Poised for big against against BTC if history repeatsMATICBTC broke out to the upside of its 18 month channel and is confirming support above it. If we get a strong move to the upside, we may have a repeat of 2021. I'm long here.
Matic update 2023What Is Polygon (MATIC)?
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Polygon: Holy Poly Guacamole 🥑Let's show 'em how it's done! Polygon continues to spike up and should exceed the resistance line at $1.30, if it carries on with its bullish temper. Our alternative scenario implies, that MATIC could drop below the support line at $0.689 until it reaches the end of the blue wave alt. (ii).
Matic update #BarendsCryptoThis is an update to my Matic chart, likely this project will the price i set months ago.
long MATIC$MATIC bounced off the support level and the ascending trendline. Bullish movement to resistance level at 1.0546 is possible.
Large range channelMATIC is inside a large range channel in the daily timeframe between the resistance of $1.0751 and the support of $0.7475. The weekly MATIC candle has a long upper shadow; if it closes like this, the price correction could be deep. Therefore, the support level considered for MATIC is $0.8487. So, if we see signs of support, we expect price growth again.
