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Polygon

Polygon , MATIC/USDT Update 📈📉HEY, Sup Guys and Girls?! As you can see ,I've posted some analysis for polygon ,that Almost have been successful , but in the last one because of crypto market crashes it wasn't able to rise again ,and according to my bearish scenario , it has been falling up till now, and even lost the support zone ( more than 80 %💰 (1x-short ))🎯 . recently There are many fundamental developments coming up, and the latest news is about the Bitgert adding Polygon Matic to its chain. The Bitgert BRC20 blockchain has been one of the most talked-about blockchains today because of its attractive features. Bitgert chain popularity has come from its zero gas fee and also the fastest blockchain in the market. So ,after the weeks of plummeting, Polygon Matic finally pushed past the $0.63 mark in last week. The Matic price hit $0.631 , but the coin has since pulled back, and at the time of this writing, Matic was trading at $0.4825. However, the market is a little bit bearish and it can fall again on the current support , but there is the potential for Matic /usdt to do well this week. so it can even see the higher resistance zones in next weeks, but guys take it mind , everything is depends to bitcoin again , so in this case if it loses the support zones so it can fall on the lower support zones and at there, bulls can raise the price again! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
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by PRO_SMART_Trader
Polygon (MATIC) - June 27hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) The interval 0.616-0.819 is the interval that determines the trend. Therefore, the important key is whether it can be supported by rising to the 0.616-0.819 section. (1D chart) If the price is maintained above the MS-Signal indicator, it is expected to turn into an uptrend in the short and medium term. However, careful trading is required as it is expected to lead to an additional rise only when it rises above the 0.819-0.889 section. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for 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 indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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 can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
MATIC/USDT: On Buying area, Direct rise expected---- Mid-term Analysis for the next coming 4 weeks to 3 months - Daily on Daily Chart (LOG)------- MATIC/USDT: On Buying area, Direct rise expected Context - The Global Crypto market leads by BTC and ETH is still evolving within a bearish market configuration. Like the others digital assets MATIC suffered about negative global market situation. - However we are focus on a key buying area now on this coin and we expect a fast and quick recovery regarding technical elements provided by the interpretation of the Elliott waves. Market configuration - Graphical Elements : Graphical Resistance = 1,13 & 2,90 Graphical Support = 0,41 & 0,042 - Mathematical Indicators: EMA ( Exp Moving averages) are still capping the market at 1,13 = Bearish RSI indicator (below) is bouncing off key support, a break above 50% + bearish trend line will propulse the bullish momentum = Bullish - Elliot & Harmonic Wave (Fibonacci): Fibonacci Target C (B) has been already reached = 0,65 Fibonacci resistance of the wave in progress = 1,13 Fibonacci support of the wave (c) (B) (max extension) = 0,41 (auto-similar move) Fibonacci Bullish Target = 1,99 Conclusion Preferred case => Regarding the mid-term element, MATIC is offering the perfect entry area for a mid-term portfolio configuration in order to anticipate a bullish exit towards 1,13 and 1,99 as long as 0,41 remains support - In extension a larger rise towards the previous top at 1,99 can't be ignored
MLong
by JeanJean1983
POLYGON (MATIC) the last chance and the range market 📖🚀Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ if the price breaks the trend line to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain 🚀 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
MLong
by MadWhale
5
#Polygon Blitz, MATIC may Tank by Another 25% to $0.30Past Performance of Polygon After soaring to $2.88 in Q4 2021, MATIC is now crumbling. The coin is down over 85 percent from peaks in a bear breakout formation. In the past 24 hours alone, MATIC has dropped 12 percent, and traders are in red, unable to cope with the deluge of selling pressure. Technically, Polygon remains in a bear breakout formation, favoring determined sellers. #Polygon Technical Analysis MATIC bears are riding the lower BB, pointing to strong selling pressure. With the immediate resistance level set at $0.55, every retracement towards $0.45 and $0.50 could allow sellers to double down, targeting $0.30. Aligning with this preview is the level of participation in the past three days and the inability of buyers to reverse losses. At the same time, shifting sentiment skewed for bears doesn't help MATIC bulls. As such, sellers may look for entries to dump on every attempt higher. An unexpected surge above $0.50 could buoy demand, forcing prices above $0.55 in a retest and possible bottoms. What to Expect for #MATIC? Buyers have been demolished when writing and sellers are in control. The alignment of bear bars along the lower BB suggests strong selling pressure and high volatility, considering the divergence. In this way, MATIC is more likely to tank than print higher. Resistance level to watch out for: $0.50 Support level to watch out for: $0.30 Disclaimer: Opinions expressed are not investment advice. Do your research.
MShort
by Bitcoin_Analyzer
Polygon (MATIC) - June 13hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) Below 0.616 is likely to be a mid- to long-term investment area. (1D chart) In the short and medium term, it needs to move above 0.616 and find support to turn into an uptrend. So, the key is whether it can move higher than 0.616 quickly. If it rises and encounters resistance near 0.616, a Stop Loss is required to preserve profit and loss. The 0.616-0.819 interval is an important trend-determining interval, so we need to move above 0.889 to say we are in an uptrend. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. 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 indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator 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 can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
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MATIC/USDT Bear and Bull Market Price Prediction#MATIC/USDT Technical Analysis:- $Matic currently trading in the $0.6-$0.8 range. Currently trading in Local Range so I am expecting $Matic Price will go in Year 2021 Accumulation range. Which will be the Potential buy zone. Currently, Also Break down Year 2021 Support and Trading below Year 2021 Support. So this is also a Bearish sign. Year 2021 Accumulation range was $0.2-$0.38 So I suggest if You want to buy then Low of this Accumulation zone will be the best Entry. Potential Accumulation for Next Bull Run:- $0.2-$0.25 Level I think It will not break Year 2021 Accumulation range because if Break then the Price falls below $0.1 level , This will not good for Polygon because Polygon is a Very Good Project for the Long term. Year 2019-2020 Accumulation Range was $0.010-$0.03 ( Not Possible to Price hit again this Range ) If Price Break White TrendLine then $Matic will enter in Bullish Zone. I am also Bullish on Polygon in Long Run. My Long Term $MATIC Target is $10 This is My Personal View and Analysis. So this is Not Financial advice. Do Your Own Research before investing in any Coins. If You Like my Work please Press Like and Comments. Thank you.
MLong
by CryptoPatel
📈MATIC: will the bulls finally show their strength?Hi friends! In order to understand what will happen to the price of Polygon(MATIC) next, let's look at the history and where its fall stopped. This is the key level of the previous ATH of $0.54. The volume indicator shows that here long traders closed their trades to breakeven, and short traders, closed their trades in profit. That's why there was such a price rebound. 📊Now the price returned to the trend line, from which it had already bounced back several times. This is a good signal, it means that the bulls gain their power back. Pay attention to the volume indicator when the price rebounds to the trend line - the volumes should increase, which will indicate that the traders' willingness to buy and to move the price higher. ✅The closest target is the liquidity gap of $0.75-0.79. Also in this area are stop-losses of short traders and take-profits of long traders, which can lead to a false breakout and price fall, so watch out for this liquidity gap. When the scenario starts to be clear, I will make a new idea so you can open a trade in time. 💻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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