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Polygon

♌ MaticUsdt - Polygon - 1D ♌Matic Usdt ⏰ Time Frame : 1D The price has reacted to this area several times in the past , that been supported zone but after break to change to resistance. you can see in my another Idea. what do you think? ❓ Will Break Resistance 1.0110 ? ✴️ I have shown Supports and Resistances . 📛 Please follow the market trend and decide to buy or sell. ⚠️ (This isn't a signal for buy or sell) ⚠️ #️⃣ August / 10 / 2022 👸 Analyzed by : Parisa_Alipoor
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by parisa_alipoor
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MATIC- Updated ChartMATIC has been my favorite way to buy the 'Big-Dip' (-ck also would work to express the massive drop in crypto prices): First Matic post at 40 cents: Many Matic ideas: www.tradingview.com and the one that stood out: MATIC has been our most posted for Altcoin in the last 60 days. Everything is for a reason as our research revealed all good things could be happening next for Polygon: 3 reasons why Polygon (MATIC) is up 100%+ during a bear market Three reasons why the long-term outlook for Polygon remains positive are its continued adoption by mainstream entities, the migration of multiple projects to the Polygon network and an increase in the platforms offering liquid staking services for MATIC. Major adoption announcements Protocols launch on Polygon Aside from the recent NFT projects that have migrated to Polygon, other new additions include the permissionless, credit protocol RociFi and WOO network’s multi-chain decentralized exchange. MATIC has also seen a growing number of platforms that offer liquid staking for the token, which enables holders to earn staking rewards. One Love, the FXPROFESSOR
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by FX_Professor
Polygon (MATIC) - August 9hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MATICUSDT 1M Chart) The key is whether the price can be maintained above the 0.6164-0.8191 range. (1W chart) We need to see if the MS-Signal indicator can turn into an uptrend. For that to happen, the key is to keep the price above 0.8191. - The Stoch RSI indicator is entering the overbought zone. As such, it is important to find support at or above the 0.6164-1.8191 range when it breaks out of the overbought zone. (1D chart) Resistance: 1.1215-1.2246 1st support: 0.7895-0.9223 2nd support: 0.6164 You should see support near the 0.7895-0.9223 section and see if you can climb. The 0.6164-0.8191 interval is the interval that determines the trend. Therefore, if it is supported by falling to the 0.6164-0.8191 section, it is expected to rise. When it falls below 0.6164, Stop Loss is required to secure cash. ------------------------------------------------------------ ------------------------------------------- ** 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
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Optimism $OP (SHORT) Currently Overvalued Compared to Polygon Optimism, a layer 2 scalability play on Ethereum is currently trading at an $8.2B fully diluted valuation, as compared to Polygon's $9.2B valuation. While TVL (total value locked) on Optimism is soaring, it's still only $1.1B compared to Polygon's $1.7B. We're likely just seeing a rotation of money chasing DeFi opportunities in the Optimism ecosystem as there are no DeFi protocols in the Optimism ecosystem that innovate past what is already available on other L1 and L2 ecosystems. We've seen similar rotations like this before, most of which result in a large run up followed by a steep crash in token price. Lastly, only 5% of OP tokens are circulating, making the price extraordinarily sensitive and volatile, particularly to the downside as more tokens become unlocked and flood the market. Looking at two different shorting opportunities based on key margin pressure level resistance, keeping tight stop losses in case $ETH pumps on the merge narrative and the ETH ecosystem follows suit. Check out my YT channel to learn more about margin pressure levels.
Short
by SistineResearch
MATIC Breakout soon! Get ready!!Hello Everyone. Kindly boost my post if you like the idea. leave the comment if you have something to say about this idea. Lets Start!!! So, we can see a triangles has been formed in the chart of the MATIC USDT. Right now we are testing the support line. also MATIC has tested 300 Moving Average which is working as resistance. If triangles break towards down, next support area would be $ 0.8475. if triangles break towards top, next good resistance zone would be $1.05 to $1.2 wait for the confirmation candle before you entered any trade. it may be fake out break. so trade smartly.
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by Mr_Mainra
What i expect from other ALTs is already happen to MATIC🔥Hi friends! I hope you know how the bearish wedges work at the bull markets. But in this time is pullback to the closest support area of $0.67-0.72 is really possible because of the 100% growth of the altcoin in a month🚩 But after a pullback, the rise could continue. 📊I will use DOM and Footprint to enter this short if it will happen and try to find the best entry point using this trading instruments. It`s not so hard because you see the real orders of whales and can set short stop loss and get the highest RR. 🚩 The same with the long trades. It`s easy to find the support level and open a trade using DOM and Footprint and look how the whales push the price higher and higher. 📊 Preconditions to open a long trade: 🔥 squeeze to the upper trendline of the "bearish" wedge 🔥 bullish BTC help reach the targets for MATIC much faster 📊 The targets: 1️⃣ $1.187 - the closest key level 2️⃣ $1.51 - key level and even number 🚩 Traders, MATIC was broke out the trendline which is really similar to ADA, DOGE, SHIB and all alts that still close to the bottom. Hope all of them make the pump and grow at least for 70% like MATIC did. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
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by Yuriy_Bishko
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MATIC - 1,27$ IS CALLINGMarket is warming up and APPLE breakout could be a great indication that we are ready for Higher! YES, THE MARKETS ARE CRAZY: Negative GDP was painted Green but hey: it is what it is and it's all good if the markets can push BTC and Crypto higher. In any case a good selection is always needed and MATIC has been my Top pick since June...I guess i was right and now 1,27$ seems closer. NEWS: MATIC could create a balanced state if this comes to fruition: The New Polygon (MATIC) Web3 Subscription Platform Is Jumping on the Trend of Dutch Auctions One Love, the FXPROFESSOR
MLong
by FX_Professor
6
Matic LONG on Polygon, event August 4th or 5thMatic had a low of 73 cents one night ago, to the low level of 73 cents. It was at this time that I started researching other traders and going into their defy wallets to see what trades they made. I saw someone pick up $638,000 worth of Matic at .77 cents.. I saw another wallet where someone invested $183,000 into MATIC around .78.cents. I never made an entry into medic and now it's up to 81 cents and I'm kicking myself. I still think that this will go to a $1.15 or more. They're having an event on August 4th or 5th. I believe this will push the price up. I'm chatted on the public chat on trading view and when I said things about matic and that people were getting it at around 76 cents, some people said it was a steal at that price. So I really wish I got in and I still want to get in. I was waiting for the FED to release their basis point numbers. It looks like we've reached the support and now we are going for resistance. In the past days I've been monitoring the volume of Matic as well as the total crypto market and the usdt dominate chart.. Usdt dominance was at such a high of 7.04% two nights ago and I saw Matic drop to 73 cents. Lot of whales got in at 37 cents a few weeks ago and they're making big money right now. This has potential to go up a lot more and I still will make my entry anywhere from 73 cents if it ever goes down to around 82 cents. I feel that Matic is stable and doesn't drop much when you USDT Dominants happens.
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by Henrywaters
Polygon (MATIC) - July 28hello? 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 it can support and rise above the 0.6163-0.8191 section. (1D chart) Primary resistance: 1.1690-1.2245 Secondary resistance: 1.63-1.8328 Support: 0.6163-0.8191 The 0.6163-0.8191 interval is the interval that determines the trend. Therefore, if the price is maintained above the 0.6163-0.8191 range, it is expected to rise to around 1.2245. If it falls below the 0.5590-0.6163 section, there is a possibility that it may lead to a further decline, so Stop Loss is required to preserve profit and loss. ------------------------------------------------- (1W chart) Looking at the wave using the HA-Low, HA-High, and MS-Signal indicators described in today's BTC analysis, it is not yet known whether the second wave of uptrend is in progress or the first wave of decline is in progress. However, if the price rises above the MS-Signal indicator and maintains the price, it is highly likely to lead to a second upward wave. If not, there is a possibility that a down primary wave will develop or lead to a bearish secondary wave. In this way, the wave theory can only be known when it is finished. However, we can take advantage of the HA-Low, HA-High, and MS-Signal indicators and have the opportunity to react when they exceed them. (1D chart) If you look near the reversal of the trend, you can see that there is a difference in the horizontal length of the HA-Low and HA-High indicators. In an uptrend, the horizontal length of the HA-Low indicator is longer than the horizontal length of the HA-High indicator. Conversely, in a downtrend, the horizontal length of the HA-High indicator is longer than the horizontal length of the HA-Low indicator. Therefore, the wave in progress is more likely to be a rising one-wave wave. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV index was re-created by applying a formula to the DepthHouse Trading index, an index disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (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
Polygon Recovers, will MATIC Float to $1 in a Bull Continuation?Past Performance of Polygon Polygon is steady when writing, adding seven percent on the last trading day and down 14 percent week-to-date. In a bear breakout below a bull flag, sellers have the upper hand and appear determined to reverse gains of the first half of last week. Per the formation in the daily chart, MATIC prices will likely drop to $0.70 in a retest and completion of the second phase of a typical breakout formation following gains on July 14. #Polygon Technical Analysis Despite the bounce in the early Asian session, sellers are currently in charge and will most likely confirm losses of July 26 in a continuation pattern reflecting losses of early May 2022. Notably, the bear bar that forced prices below the recent bull flag and July 18 lows has high trading volumes pointing to high participation, marking weakness. Therefore, based on the formation in the daily chart, traders may search to find unloading opportunities on every pullback, with targets at $0.60 in the short term. It would be especially the case if MATIC bulls failed to unwind losses and force prices above $0.80. However, any unexpected surge above $0.90 will strengthen bulls, laying the foundation for a refreshing surge towards $1. What to Expect from #MATIC? Technically, MATIC is within a bullish breakout formation. Even so, given the strong liquidation of July 26, the coin will likely plunge back to $0.70 and $0.60 in a retest should prices be capped below this week’s highs. Resistance level to watch out for: $0.90 Support level to watch out for: $0.60 Disclaimer: Opinions expressed are not investment advice. Do your research.
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by Bitcoin_Analyzer
MATICUSDT trend analysis and potential movementAfter breaking the weekly downtrend (the grey one), MATIC managed to reach the $1 resistance zone with a strong move. Even though it was not quite able to touch $1 and started a correction, I think we are going to see another try to reach there next week. If you ask how long the current correction can continue, I think it is bound to fall a little more with the break of the 4-hour orange trendline, but this will not last long and the price may start to move up again around $0.72. DO YOUR OWN ANALYSIS. DO NOT FORGET MONEY MANAGEMENT. You might also like: - Trend Key Points Indicator have been used to draw important key levels and key points. - You can use Big Moves Indicator to be aware of major moves on the chart by marking them and getting alert for them.
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by bhnmzm