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Polygon

MATIC is in danger, it will DUMP hard!Hello, everyone! Let’s continue to analyze the most dangerous altcoins which showed the greed during the bounce on the Bitcoin. Today it’s MATIC time. It now has the most dump potential. I suppose that the market maker created the fake growth on this altcoin to show other traders the illusion of the asset’s power. Of course it’s fake and MATIC is going to break or at least test it’s bottom at $0.33 and I will show you why. Let’s go! Let’s take a look at the 1D time frame of the MATICUSDT of the WhiteBit exchange. The bottom at $0.33 was the end of the wave 3 as on the entire crypto market. The corrective wave 4 retraced this wave with the zigzag correction. Zigzag correction usually consists of wave A (5 waves), wave B (3 waves) and wave C(5 waves). You can see on the chart how perfectly the market structure for MATIC corresponds to this theory. One question you can have is why the wave 5 did not break the wave 3 top in the wave C. I can explain it because wave 5 could be trimmed. It’s OK for the altcoins. Now the price is drawing the wave 5 and I suppose the the sub wave 3 of this wave is in progress. The minimal target for the wave 3 is the $0.61 – 1 Fibonacci extension level, but I think MATIC will hit $0.3 again because the 1.61 Fibonacci placed right here. Best regards, Ivan _______________________________________________________________________ Guys, if you like my analytics, please support me with your boosts and comments!
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by Skyrexio
20
MATIC - Ready for Higher30 cents to 1,27$ was the previous set and Matic seems ready for a new rise to the same level 1,27$ Only this time it will be the third and third attempts have greater chances of succeeding. Still early since the first target is 1.09$ but things in crypto move fast. Some projects will go to Zero, others will rise. Matic Polygon is in the second category. News: The number of Polygon-based NFT sales has increased by 191% since the end of September, the best result of any blockchain. This mark has been achieved by integrating Polygon's power into the infrastructure of top Web2 companies. In a short period of time, Starbucks, Instagram (Meta), Reddit and many others have used this Layer 2 blockchain's capabilities. How have NFTs fared during the downturn? Polygon saw a 191% increase in NFT sales since the end of September as Web2 companies attempted to fully integrate NFTs into their platforms.Starbucks, Reddit, and Meta have all integrated with Polygon. Polygon is currently fourth among all chains in terms of total NFT sales since the beginning of the year. However, it would be more interesting to see how Polygon's successes this autumn have affected the price of the fuel powering its network. We're talking about MATIC, currently ranked tenth among the largest crypto assets. Polygon seems like the right choice. One Love, The FXPROFESSOR PS. Remember: market is GREAT if you are used to taking profits:
MLong
by FX_Professor
Polygon Remains One Of The Strongest ... (111%+ Possible)Polygon (MATICUSDT) has been really strong ever since the June 2022 low and is setting itself up once again for fast growth. With the current chart we have on screen, we can project a mid-term target of 115%+ growth potential, even possible in the short-term. That's because we have higher lows and massive strength shown when the correction took place. Prices stayed above the .618 Fib. retracement level. The easy target can be seen around $1.14 and $1.25. The main target can be set around $1.85. It is a bit far off, but once the Altcoins start moving, they tend to do so fast and strong. No doubt about that, that's why we like crypto... Endless opportunities and massive potential for growth. Namaste.
MLong
by MasterAnanda
3
Polygon MATIC price Medium and Long term tradeThe MaticUSDT price was one of the first to break out of the falling trend channel back in July this year. Now MaticUSD is trading above the liquidity zone of $0.67 - 0.77 You can try a medium-term trade: Entry $0.831 Stop $0.7624 (-8%) Take profit $1.1974 (+44%) Profit/loss ratio 5/1 You can also consider this trade as a long-term investment and hold it until the take profit of $1.90 (+127%) You can also keep a larger stop on the position, around $0.67 There are many options, it depends on what parameters your risk and money management allows . But it is probably not worth getting the Polygon token - Matic when the price will be below $0.67 . After all, there is an "emptiness" below the liquidity zone and the possibility of the MaticUSDT price collapsing to around $0.4 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
27
Polygon (MATIC) - November 26Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICBTC 1W chart) It is showing a tendency to decline from the high point range of 0.0000 5049 to 0.0000 5393. If there is a sharp downtrend when it drops below 0.0000 5049, there is a possibility that it will touch the next support range, 0.0000 2954 ~ 0.0000 3337. However, we must not forget that it has an upward force until it falls below 0.0000 2954. -------------------------------------- (MATICUSDT 1W chart) The 0.6164-0.8191 interval is the one that determines the trend. Therefore, it is important to be able to climb with support in this section. If it fails to get support, if it falls below 0.5590, it is likely to take a plunge, so be careful. (1D chart) The question is whether the price can sustain itself by moving up to or above the 0.8883-0.9486 range. If not, you should check for support in the 0.6164-0.8191 interval. A rise to the 0.8883-0.9486 zone is expected to lead to a move towards the 1.0813 area. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
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by readCrypto
#MATIC/USDT Trade Setup 54% Potential Pump. RR 1:9Welcome to this quick trade setup, everyone! Recent trades posted:- 1. BTC /USDT (Running in Profit) 2. ETH/USDT (Running in Profit) 3. CHZ/USDT (In Accumulation) 4. CHR/USDT (Running in Profit) 5. MATIC/USDT (In Accumulation) Entry:- $0.8075 TO $0.8611 (6.22% is the accumulation range from CMP so plan your entry accordingly) Stop Loss:- $0.7576 Recommended Leverage:- 3x- 5x Target:- Open (Possibly 35% to 54%) RR 1:9 (Highly Lucrative) This is not financial advice. Always DYOR. These are my trades. Do not cry in the comments if you can't afford the Stop Loss or go for 125x gambling. I am ready to take the SL if it gets hit. Trade only if you can afford the SL. Do the maths before you enter the trades and manage your risks properly. Fund preservation is our foremost priority. If you like me to post more please share this idea with your friends and communities and hit the like button. I have been with you in the bullish days and the bearish days. We are going to have an amazing bull run for sure. Cheers! Thank you #PEACE
MLong
by Cryptorphic
11
MATIC: Opportunity to AccumulateMATIC back down at range support with re-emerging supply volume is a good indicator of further pullbacks. If it revitalizes and heads back up to TRM (range midpoint), beware of jumping back into another bull trap. Money can be made riding traps, but you better know when to get out. Let the supper supply block be a guidepost. Otherwise, count on more retracements, ultimately down to the 1.618% where the PA mitigates the previous low and thus zeros out that macro liquidity void. Be safe, be prosperous! Note: I uploaded an analysis vid on this very chart to YT. Check it out for a more thorough breakdown. Do you like winning trades and making easy money? Be sure to SUBSCRIBE for more clean, accurate, easy-to-follow swing charts with exceptionally high win ratios (80-85% average)! Not financial advice. Always DYOR and trade at your own risk.
COINBASE:MATICUSDShort
by jalapablo
1
Are we going to see wave E?Are we going to see wave E? We have seen an impulsive recovery from 0.76, which made me think about E wave which should be diveded into 3 waves of ABC. As shown, I belive A wave has been done, then corrective B, and we should now be in the last C wave. It should divide into 5 implusive waves of which first has finished. We are now moving in a specific range which may be corrective after which i expect impulsive move upside. If we stay by the rules, C wave should extend minimum 100% of A wave, with the possibility of extending to 1.618 or even more. There is a chnace of one more higher high around 1.32 - 1.47 which would be the end of the corrective ABCDE rising wedge and as a result we should expect impulsive decline in price towards 0.3. Despite all the negativity, polygon is fighting hard and keeping its price at reasonable levels but that shouldnt last long. On the other hand, we should be careful of the position we take. If we dont manage to break above 1.15, 0.72 is the first support i expect it to visit.
MLong
by ETHERVAULT
MATIC - Standing Strong!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. MATIC is overall bullish trading inside the red channel and now approaching the lower trendline. Moreover, the blue zone around 0.7 is a strong support zone . So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support zone and lower red trendline. (acting as non-horizontal support) As per my trading style: As MATIC approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
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by TheSignalyst
8
🚀MATIC is in the falling wedge! +233% is a technical target✅Hi friends! MATIC is in the falling wadge. Due to the technical rules the targets for MATIC is $2-2.4 if the pattern will be compited. Take a look on the chart. The MATIC is among the strongest altcoins. Matic make +233% after the fall to it`s bottom. I think that it can also reach my 2 targets for it very easilly. But first of all you should understand where to open a trade. 📊 Preconditions to open a long: 🔥 liquidity collection below the key level of $0.729. By the way it`s already happen 🔥 squeeze to the upper boundary of the wedge 🔥 bullish BTC pull all the altcoins to their targets 🚩 If BTC will go down, you have additionall plan to short on the chart.The value area of $0.57-0.61 should become the support. Remeber about the volumes. ✅ Also i recommend you to check out this idea about BTC and plan for this month. A lot of usefull indformations and stats for the traders. 📊 Me targets for MATIC: 1. $1.05 - the key level 2. $1.35-1.41 - the value area and mid target 🚩 I marked for you the closest strong resistance on the chart. The 50% of profit have to be booked when the price reach these targets. 💻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
10
🔥🚀IS MATIC THE NEXT GAINER AS TWT or DOGE❓I got +65% profit❗🔥Hi friends! MATIC hadn't fall as much as any other altcoins during the dump. It shows for us the pressence of buyer on MATIC. The main things that we need now is to find the best entry point with max RR and short sl. 🚩 Friends, MATIC is already make +65% from my entry point and make reach 1st target and almost touch the 2nd. I'm sure, that MATIC would be reach this target, if not the FTX crash. Congratulations to everyone who open this trade. Even now you in +10% of profit. ✅ A lot of traders were liquidated as well as stop-losses were triggered. The volume growth confirm it for us. Additionally we see gow the HUGE value area of $0.87-0.95 become the support.So now we can expect the pullback and it's can be just the beginning of the huge move. 📊 My main preconditions to open a long: 1. continue to consolidate inside the inportant value area of $0.87-0.95 2. squeeze to the trendline 3. bullish BTC or at least consolidation in the range 🚩 I have very usefull trading tools such DOM and Footprint which helps me to open a trades with the whales. This indicators show the biggest orders which related to the biggers buyers or sellers. So this tools easilly add to your winrate 25-35%, because the biggest players are usually buy or sell at the best price. 📊 The main 3 targest for MATIC: 🔥 $1.13-1.16 - the closest value area+local target 🔥 $1.5 - the key level and ipmortant resistance 🔥 $1.75 - the key level 🚩 The worts scenario will be the renew of lows at $0.82 and test the $0.87-0.95 value area s the resistance. The price will go lower with high possibility. So it's another thrade that you can open. ✅ Traders, remeber to book the profit by parts. As you can see, the any bad news now dumped the price so much and your profotable position can easilly return at breakeven🔥 💻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
5
Polygon (MATIC) - November 13Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICBTC 1W chart) Maintaining the price in the range of 0.0000 5049 to 0.0000 5393 or higher is expected to lead to a move to renew ATH. When it falls below 0.0000 5049, 1st support: 0.0000 3910 ~ 0.0000 4415 2nd support: 0.0000 2954 ~ 0.0000 3337 You need to make sure it is supported by As long as it does not fall below the range of 0.0000 2954 ~ 0.0000 3337, I think that a fall below 0.0000 5049 as a mid- to long-term investment would be a good buy range. ------------------------------------- (MATICUSDT 1W Chart) The key is whether the price can be sustained above 1.2246. To do that, you need to make sure you can move up along the uptrend line. (1D chart) Since the M-Signal line of the 1W chart and the M-Signal line of the 1M chart pass in the 0.8883-0.9486 section, it is important to be supported and rise in this section. If not, you should check to see if the HA-Low indicator is supported in the 0.6201-0.7778 zone. As seen in the MATICBTC chart, MATIC is a strong uptrend coin. Therefore, if it falls to the 0.6164-0.8191 range, those who want to invest in the mid- to long-term will have a good buying opportunity. This opportunity can cause great losses for some people, so a strategy is needed to reduce the loss and increase the number of coins corresponding to the profit with an appropriate response. A drop below 0.5590 is likely to result in a sharp move, i.e. large volatility. Therefore, it is possible to temporarily touch around 0.2340 and move up, so be careful. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
MATICUSD Profit to be made in range as well as break-outs.Polygon (MATICUSD) has been trading within a Channel Up since the June 18 bottom and on November 05 formed its latest Higher High. Since then, it has been highly volatile following the explosive mix of the FTX (bearish) and CPI (bullish) news. This should keep the price volatile and sideways mostly within the bottom (Higher Lows trend-line) of the Channel and the (dashed) Lower Highs trend-line, a sequence that took place from the previous August 14 High until October 17. A break above the dashed Lower Highs would be bullish towards the 0.382 Fibonacci retracement level while further break, bullish towards the top (Higher Highs) of the Channel Up. Similarly, a break below the Channel Down would be bearish, targeting the previous dashed line. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
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by TradingShot
2