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Polygon

#Polygon Prices Volatile; are MATIC Bulls readying for $1?Past Performance of Polygon Like the rest of the crypto market, Polygon is moving within a narrow range and is bearish. Therefore, while buyers stand a chance, sellers may press on and force MATIC below multi-week support. Per the MATIC price arrangement in the daily chart, support lies at $0.701. #Polygon Technical Analysis MATIC prices are range bound at spot rates, anchored within the September 22 bull bar despite strong opposition to the upside. Primary support is at $0.701, marking last week's lows and flashing with the 50 percent Fibonacci retracement level of the June to August 2022 trade range. Technically, traders might find loading opportunities if prices are above $0.701, targeting $0.930 in the medium term. Conversely, sharp losses below this week's low may crush bulls, initiating a sell-off towards $0.60, the 61.8 percent Fibonacci retracement of the above-mentioned trade range. What to Expect from #MATIC? The crypto market is volatile, and so is MATIC. There are hints of strength, but the uptrend may hold if prices exceed $0.701. This may, in turn, fan demand, lifting the coin towards $0.930 and later $1 in a buy trend continuation formation. Resistance level to watch out for: $0.930 Support level to watch out for: $0.701 Disclaimer: Opinions expressed are not investment advice. Do your research.
MShort
by Bitcoin_Analyzer
Price predictions for MATIC. Are you Bullish on Polygon?My primary expectation for Matic is one more low in a wave five of the wave c. However it has done a lower low so we could technically go up up from here and nearly hit the 50% fib which is an ideal retracement for a lager wave 2. If we are in the wave 4 still before wave down in the wave C. We could comedown between 0.6867 all the way down to 0.4587 in a wave 2. If we come down any further I will be laddering buy orders down to 0.45 cent. Just remember it reversing in this area is not guaranteed but I think its very likely. If we do reverse to the upside the wave 3 targets would be 1.41 to 1.86 which is 90 to 150% from where we are now. :)
MLong
by Luckyjimbob111
Polygon (MATIC) - September 28Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) The key is whether it can support and move up in the 0.6164-0.8191 section. (1D chart) The key is whether it can move above 0.8191 and move up along the rising channel (1). If it falls below 0.6164, it is expected to fall around 0.4010. ------------------------------------------------------------ ----------------------------------------------------- ** 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. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** SR_R_C indicators are displayed 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
MATIC repeating ETH's first run : UPDATE 2022MATIC repeating ETH's first run : UPDATE 2022 check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on. there is always another train through the station as long as we haven't nuked ourselves into oblivion. anwayyyy this seems to be playing out nicely. the chart says it all. the repeating RSI pattern says we've bottomed already. or it seems that way anyway. RSI can be a tricky beast tho, you need to be careful with it. it does seem like macro wise there has been enough blood but there are some fundamental bad things playing out in the system. war/climate change/massive unraveling of over inflated assets/normal max inflation etc etc so i wouldn't be surprised if it goes down another big leg. two options there, clearly just wait and see if it all reverses on that first support coming up. then matic maybe a nice play. 250% sounds good to me. lets see how this one goes. good luck to you fellow degen. x
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by Crypto-Quantum-Fox
Polygon: Jump, Jump 🎤We commence to make you – jump, jump, The Mac Dad’ll make you – jump, jump, The Daddy Mac’ll make you – jump, jump, Kris Kross will make you – jump, jump... As fitting as it is, we’re not really talking about the song by Kris Kross, which was released in February 1992 as the first single of their first studio album, but much rather commenting on Polygon’s next movement. Indeed, the altcoin should jump from the orange zone between $000 and $000 into the blue zone between $0.686 and $0.400 to finish wave (ii) in blue. Then, it should turn upwards, heading for the resistance at $1.05 and eventually crossing this mark. However, there is a 38% chance that Polygon could directly jump above the resistance at $1.05 instead.
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by MarketIntel
1
Do the whales make a trap on MATIC❓ The next scenario.Hi friends! Polygon break the trendline after the 4th test as the support. As you know, the more level tests, the weaker the level becomes. ✅ This fall was so expected, so i congrats the subscribers who opened the short trades! Now the price of MATIC is following the BTC and consolidation inside the $0.73-0.77 value area. I marked a few volume zones for you and as you can see the whales always buy the bottom of the MATIC. Now it`s the same volume bars growth and this is additional conformation of the bull pressence. 📊 Preconditions to open long: 🔥 squeeze to the local trendline 🔥 the whales buy orders on DOM and Footrpint scalping tools 🔥 volume is already growth at the bottom 🔥 bullish BTC force the MATIC to grow and reach all the targets 🚩 DOM and Footprint are the tools that i use for scalping. They help me to identify the best places to buy and sell crypto with the whales. Everyone can use because it`s avaliable for free. 📊 The targets: 1. $0.9-0.95 - the closest value area and resistance for the price 2. $1-1.05 -the value area and local highs 💻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
1
Polygon (MATIC) - September 19Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) The key is whether you can support and move up in the 0.6164-0.8191 section. (1D chart) The 0.6164-0.8191 interval is the interval that determines the trend. Therefore, it is highly likely that the trend will continue in a direction that deviates from the 0.6164-0.8191 section. However, to continue the uptrend, it must rise above 0.9226. If it falls below 0.6164, it is expected to decline to around 0.4010. If that happens, the possibility of entering the mid- to long-term investment area increases, so you need to think about countermeasures. ------------------------------------------------------------ ----------------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points. ** Background color of Long/Short-S indicator: RSI oversold and overbought sections ** Background color of CCI-C indicator: When the short-term CCI line is below -100 and above +100, oversold and overbought sections are displayed. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) (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
1
MATICUSDTHello my dear friends The price range of $0.9953 is very important for us. In this range, important orders have been set, and to continue the downward trend, these orders must be consumed completely. Currently, we have a positive RSI divergence in the four-hour chart, and the possibility of forming and completing a double bottom pattern at the end of the downward trend. On the other hand, in the 30-minute time frame, we have the negative divergence of the RSI, according to which, the possibility of the price falling to the white range of $0.7858 is high. Keep in mind that if the current trend is lower than the price range of 0.7532 rials, the above view will expire. We would be happy to hear your comments
MLong
by FiboTech
MATICUSDT 12h Ahead is a strong upward movement of MATIC priceThe MATICUSDT price has broken through the purple trend line and is also consolidating above the liquidity zone of $0.68-0.8 Also, the MATICUSD price does not react at all to fluctuations in the BTCUSDT price. It seems that now the accumulation of forces of MATIC buyers is going on before further upward movement. It seems obvious that a rapid upward movement can start both from the upper limit of the liquidity zone $0.80 and from the lower limit of $0.68. However, the next target from above is $1.55-1.57 from both starting points _______________________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
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by P_S_trade
19
$MATIC | History Repeating ItselfMATICUSD has hit this support zone multiple times with a bounce to the upside but never making it above the 200EMA. And here we are again with the same story. We have oversold on the RSI levels and still significantly in a downstrend, BUT a good opportunity for a decent quick move and profit. I think it can clear 13 and 50 EMAs easily as those have not been respected in recent history. Not expecting anything monumental with all things considering around the crypto market but see a chance.
COINBASE:MATICUSDLong
by CryptoHotep
📊MATIC squeeze to a trendline! 3 preconditions to open a shortHi friends! Matic is make the biggest performance among other altcoins. But after the Inflation rate announce, it`s make a pullback to the global trendline. Even the announcment of the partnership between the Polygon (MATIC) and Starbucks don`t PUMP the price . This mean that the big buyer is waiting for the better price and don't want support the price to buy lower. 📊 Preconditions to open a short: 🔥squeeze to the trendline 🔥bearish BTC 🔥sell orders WALL on DOM and Footprint 🚩 When the matic test the trendline for 4 times, it`s make a huge Pump, but i think we are in a different market conditions now. In any case pay your attention to volume indicator and DOM to identify the Big players to open a trade in the same side with them. 📊 The closest targets is the $0.7-0.78 value area. 💻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