Update: Simple chart for Polygon (MATIC) - keep an eye on $1.36Update: Simple chart for Polygon (MATIC) - keep an eye on $1.36
Huge volume support that better not be broken and confirmed to the downside.
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency.
*not financial advice
do your own research before investing
Polygon
MATIC ABOUT TO EXPLODE?In this chart we can see that matic is coming to a point where its either going to make a leap to the sky or to the ground. In my view it can potentially go to 1.9 area (bull scenario) or 1 dollar area (bear scenario). It might be intresting to watch matic the coming days to get a good buying oppertunity.
MATIC/USDT Risking Wedgehello everyone,
as it currently looks, the Cryptocurrency Polygon has forming a Risking Wedge, and the resistance line became a support line.
have a nice day to all of you!
MATIC head and shoulders patternLooking at the head and shoulders bearish chart pattern that Polygon MATIC formed, and the market conditions, my price target is the $0.87 support.
Looking forward to read your opinion about it.
MATICUSDTHey traders, today we are monitoring MATICUSDT for a buying opportunity around 1.36 zone, once we will receive any bullish confirmation the trade will be executed.
Going to Long around 1.325It seems like Head & Shoulder which i shared 1 day ago worked out perfectly. Now looking to long in this demand area.
MATIC/USDT ??Bearish Flag??hello everyone,
as it currently looks, the Cryptocurrency Polygon is well on the way to forming a Bearish Flag.
I drew a entry line for short.
have a nice day to all of you!
MATIC/USDT - H&SNo need for an introduction here. $2.51 will be a invalidation point for me.
Also watching TOTAL3/BTC chart showing there may be a sign of weakness in all ALTS. So shorting ALTS will be the play but ensure you know where to TP, because once P.A reverses ALTS have a habit of ripping on bounces.
I must stress that anything can happen, this may run and this may not and just pump, hence always take first priority of trading is Risk management - if you don't control this the market will get eaten alive.
Trade safe and well people.
Polygon ($MATIC) New DTF FIB$MATIC DTF not looking so hot (as with the overall market). I can see oscillators losing strength and I am looking at the lower FIBS as points of accumulation. Buying in these market conditions is a no brain-er. Why pay more on market pumps? Do you like spending extra money?
Matic ATH 2022!? Hello everyone,
Matic short/medium term may look a bit confusing and annoying due mani highs and lows we have daily, however weekly the situation is different.
Long term Matic is definitly going to be of the shinning stars of this new, bearish year.
ATH could easily be archivable by Matic if a new bullish trend begins, let's see how the situation is going to evolve.
Have a nice trading week.
MATIC Polygon: 4H Chart ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Polygon ( MATICUSD ).
Polygon price has been on a downward trend with the price recently narrowing into the apex of a triangle. There are multiple Support and Resistance Lines shown. The price may make an attempt to get to the 0.236 and 0.382 Fibonacci Retracement areas with the Ichimoku Cloud possibly creating resistance. RSI, MACD and MFI look bearish. Price is below the 20, 50 and 200 SMA.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
POLYGON (MATIC) close to channel resistance ❌🧨Based on the chart, the price is close to channel resistance and the support area ✔️
if
the price breaks the support area here to the downside we will see more correction at least to our next support located in the middle of the channel ❌🧨
Please, feel free to ask your question, write it in the comments below, and I will answer.🐋
Matic on 2 USD?Hello to everybody,
let's check Matic.
Currently below bearish trendline and still going down.
If you check RSI you will find bullish divergence on RSI.
How to trade? You can accumulate now or wait for the break of the trendline.
Targets - 1,6 - 2 - 2,5 USD
Polygon (Matic) Road back to ATH Potential +80% Gain
Polygon (Matic) Road back to ATH Potential +80% Gain. Beautiful double bottom chart formation has formed for Matic on the Daily, from the current price level we expect the 13ema to cross up above the 50sma signalling strong bullish momentum
MATIC, Determining Descending-Triangle, Destinies Once Complete!Hello,
Welcome to this analysis about MATIC and the daily timeframe perspectives. In recent times the divergence between certain cryptocurrencies is increasing more and more and this is why it is highly pivotal to differentiate the different setups as there are more bullish setups while there are also higher likelihood bearish setup determinations. With MATIC I detected that it is forming a interesting formation that can show up with bullish determinations once completed. Therefore as when looking at my chart we can watch there how MATIC develops this main descending-triangle-formation with the coherent wave-count within almost completed and the final wave E remaining to appoint to the finalization of the wave-count approaching the major lower-boundary support-zone marked in my chart in orange within the lower boundary. Once MATIC reaches out this zone and manages to bounce within there this will be the appropriate origin of a breakout above the upper boundary of the formation and when this finally happened it will point to the completion of the formation as well as activate the further target-zones marked in my chart within the 2.35 USD level, once these targets have been reached it has to be elevated how MATIC moves on from there and if there comes a continuation in the structure and how this can evolve. For now MATIC is showing some great potentials especially when the whole formation finally completes as expected, it will be an interesting dynamic ahead.
In this manner, thank you for watching the analysis, all the best!
"Good fortune is when opportunity meets preparation."
Information provided is only educational and should not be used to take action in the markets.
Maticusdt1 forming an inverted head and shoulder
2 breaking the downtrend line
Buy 1.61-1.681
Sell at
2
MATIC long$MATIC broke through the descending trendline and the resistance level. Bullish movement to resistance level at 1,87$ is likely to happen.
30 % profit setup hello everybody , I hope you are doing well.
I'm looking for some price action like a yellow line.
the ascending trendline is still valuable.
you can check it from the last post.
losing the ascending trendline ----> first target 1.2 , sec target 1 $
.....
not financial advice!
good luck
matic head and shouldersa potential matic short, DYOR and trade safe.
potential target on the chart and stoploss