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Polygon

September 1 BTCUSD BingX Chart Analysis and Today's HeadlinePolygon Announces Avail Testnet Eurozone inflation surged to another record high in August, annual inflation across the bloc rose to 9.1% this month, up from 8.9% in July, according to the latest figures from Eurostat. Bitcoin is down 0.92% over the last 24 hours and fell to an intraday low of $19,869.17. The largest cryptocurrency has been trading around the psychological level of $20,000 for the past 5 days, suggesting neither bulls nor bears are willing to give up this vital level. If the bulls are able to hold the price above the $20,000 level, the BTC/USDT pair could rally to the 20-day exponential moving average (EMA) ($21,205). Conversely, if the price drops below this level, the bears will attempt to pull the pair toward $18,000. Today’s Cryptocurrency Headline Polygon Announces Avail Testnet Polygon has announced that the Polygon Avail testnet is now live, with an updated version coming soon. According to Polygon, Avail’s block time is currently 20 seconds, and each block can hold about 2MB of data. Assuming an average transaction size of 250 bytes, each Polygon Avail block today can hold about 8400 transactions (420 transactions per second). Additionally, Avail can consistently fill blocks right up to the storage limit, and increase size as needed, which could bring the transactio Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
Polygon (MATIC) - September 1Hello? 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) While holding the price above 0.8191, we need to see if we can move above the uptrend line. If it doesn't, it could drop to around 0.6164. ------------------------------------------------------------ ------------------------------------------- ** 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 through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
📊Top gainer`s pullback: 1 more chance for long traders on MATICHi friends! Matic made +100% of profit and was most actove altcoin after BTC DUMo and a lot of retail traders pat attention to this coin. I think thouthands of retailers become a fuel for this fall and it`s completelly not enough to force them to sell their MATIC. We can expect the fall of MATIC to the closest value area $0.63-0.71. Here we can fing the best entry point. Especially if you use DOM and Footprint indicators, you can set short stop loss and get highest RR. 📊 Preconditions to open a long: 🚩 pullback to the $0.63-0.71 value area 🚩 volume growth which confirms the pressence of BUYER 🚩 DOM and Footprint show the whale` orders wall where you can set short stop loss 🚩 bullish BTC 🔥 If BTC will fall to $19 500 - 20 000 area and will also be supported by the whales, it will be reversal point for all cryptocurrencies. In this case, all alts will make a huge PUMP. 📊 The targets: 1. $0.87-0.95 - the closest value area 2. $1.01 - key level and reversal point where a lot of short traders sl are set. 💻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
3
Matic - Going Long HereI think Polygon is going to have a large part in the next phase of ethereum and maybe crypto at large, so I've been looking for an entry into MATIC. Well here's my entry. Bitcoin pulled back hard today, and brought all the coins with it. I'm seeing Matic finalizing it's downtrend, with an overselling event, which brings prices to the bottom of the yellow range. That should be a strong support level, to finalize the last 2 legs of this summer's rally. I may take profits there, depending on the macro.
COINBASE:MATICUSDLong
by mo_diggity
2
Polygon (MATIC) - August 21Hello? Welcome, traders. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) The key is whether the 0.6164-0.8191 section can support and rise. (1D chart) We need to see if we can quickly rise above 0.8191. If it doesn't, there's a good chance it will drop below 0.7270. Holding the price above 0.6164 is expected to lead to an attempt to move higher above 0.8191. ------------------------------------------------------------ ------------------------------------------- ** 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 through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
MATIC: decision pointI'm currently shorting ZEC but I got this alert I've set on MATIC weeks ago. After that "revival pattern" broke out it went +57%, I probably didn't enter back then because I noticed it too late and being in "bearish mode" I don't trust longing. I had set an alert on price crossing EMA 200 and that happened today but price is already below it. If this would breakout EMA 200 it'd be worth to long, assuming off course that volume would be able to sustain the growth. If instead, as I think, EMA will work as resistance we might have a good shorting opportunities. Market should be already dumping, it's going up only because ETH merge is rising the hype. Currently it's BTC which is following ETH. I think ETH will retrace now after having touched 2K and so market will shift back on BTC leading or dump directly. From this point of view MATIC it's closer to a short opportunity rather than a long. Also notice the bearish DIVs currently forming. I'll monitor it until I'm in this another short and until I'm not sure it's going down. No trading indication... for now!
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by Shotokhan
2
BITCOIN : H1 : UPDATEHello friends . Based on our previous analysis, two scenarios and the price moved based on the downward scenario and hit our target .Now the price is at the support level, we have two scenarios. Our first scenario is a price correction and our second scenario is an upward movement and a touch of 25,000 .continuation of the price correction based on the chart . Please follow your strategy, , this is just my idea .🙌Please do not forget the ' like' button & Share it with your friends .✍ I will be glad to see your ideas in this post .🧲Follow me to see more analysis
by youseftn1
1