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Polygon

MATIC - Top-Down Analysis!Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart MATIC is overall bullish and now approaching the lower brown trendline so we will be looking for buy setups on lower timeframes. DAILY: Left Chart MATIC is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone) Meanwhile, until the buy is activated, MATIC would be overall bearish can still trade lower inside the green support. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
MLong
by TheSignalyst
12
🆓Polygon (MATIC) Feb-23 #MATIC $MATIC After re-testing the $1.4 zone, buying power appeared, so in the near future MATIC can recover to the $1.7 zone or even increase strongly to the $2.4 zone. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 1.4$ zone 🔴Buy : 1.5 - 1.4 🔴Sell : 1.7 - 2 - 2.4 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 1.4$ zone 🔵Sell : 1.4 🔵Buy : 1.25 - 1.1 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
MLong
by CryptoStation
1
POLYGON MATIC : DON'T BUY UNLESS IT TOUCHS THIS AREA hello guys for this little analysis i made i used the fib retracement this is for long term holding not for scalping i used the one day frame as you can see the price is at the golden area 0.6 . it mean the price already lost 60% from the last ath ; it a very good entry point but the market is still messy no one knows where we're heading . i also used the rsi and the macd and they both show that the price will potentially stil go down to the support that i marked with the callout note . so please be cautious and in my opinion i think matic wil be the next 2022 coin that pumps . i have marked two entry points use only 50 percent of your capital and good luck if you want to add something or ask or comment or criticise please be my guest im all ears . trade on your own risks
M
by ILYESSOVVVV
MATIC Long Term ViewAnalysis done on daily candles. MATIC, or Polygon, has become a popular name in the crypto markets due to its heavy involvement in the NFT world. Web3 and the NFT market have provided new opportunities in the crypto market, MATIC is specific has attracted investments from names like Softbank and Sequoia capital. Polygon's use in the Ethereum network reduces the price of transactions and offers an incentive to those participants that interact with the network, making it an attractive asset in a crypto portfolio. Ethereum itself is growing to be more attractive than Bitcoin due to its visible use in the NFT market, and as Ethereum grows, Polygon will likely to follow-suit. Looking at the chart in particular, Polygon saw a tremendous amount of buyers this month after Sequoia capitals $450 million stake was announced, but it wasn't enough to move it back above the 2.20 resistance. The market's overall uncertainty is making it hard for breakouts to hold, but regardless Polygon is in a healthy range overall. The blue highlighted range is an okay consolidation area as markets gain buying momentum again.
MLong
by hyperstocks
1
Polygon (MATIC) Buy ZonePolygon (MATIC) Buy Zone -------------------- BIAS Mid-Term : Bullish Long-Term : Bullish Risk : Medium Polygon rejected $1.6 zone on its short-term rates, currently reaching between entry zone and last targets. Strong support currenlty at $1.4 zone which must be held on the 4 hours timeframe to confirm such a move above our trendline. -------------------- $MATIC/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 1.48 - 1.4 TP 1 : 1.525 TP 2 : 1.56 TP 3 : 1.61 TP 4 : 1.67 TP 5 : 1.73 TP 6 : 1.79 TP 7 : 1.87 TP 8 : 1.98 Stop Loss : 1.28 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
MLong
by Zerene
1
BITCOIN Daily TA : 02.15.22 $BTCAccording to the previous analysis, we see that the price is now following scenario number 1 and has reached the very important resistance level (X-Point) in the range of $ 44,400, if it succeeds in breaking this resistance, the next bullish target is $ 45,500. In order to break this important resistance, the daily candle close above 46K will be the first condition to continue the uptrend. Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 15.Feb.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
27
Matic (Polygon) Swing Trading Analysis 4H timeframeUpdate: As expected, the price managed to bounce off the 61.60 FIB zone with momentum along with a relatively good volume. My confluence for this position are as follows : 1. Respected HL 2. 3 valid trendline touches 3. Fibonacci 61.80 rejection 4. Previous resistance-turned support rejection. 5. Multiple Bullish candle close at the projected bounce-off points. 6. Oversold as indicated in the RSI. I will post further updates as the trade progresses.
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by Deangod
MATIC/USDT - Potential 69% SetupHello Traders! MATIC continues to move in an uptrend. Buyers' base of support is in the range of $1.44 - $1.60 MATIC has strong fundamentals and looks stronger than most altcoins on the market. Polygon is one of the advanced ecosystems competing with market leaders like AVAX, FTM, and SOL. Entry in purchases can be sought closer to the $1.44 support level It is safer to place a stop loss under the low of October 2021 - the price level of $1.15 Take profits in the range of $2.21 - $2.45. It is worth noting that in 2022, the crypto market can expect a broad sideways trend in both Bitcoin and other altcoins. It is worth focusing on preserving your trading deposit and not expecting a quick All-Time High update. Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
COINBASE:MATICUSDLong
by UnknownUnicorn10064030
1
Polygon MATIC: 1D Chart Review Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polygon (MATIC). The chart is self-explanatory. A Head and Shoulders Pattern recently occurred with the measured move below multiple levels of support. The price is facing resistance and at the edge of the local support. Volume has been declining. RSI is at the support line as well. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have more charts 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
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by MillionaireEconomics
4
MATIC 15 min detail FEB 13 & 14 - FED Reaction WatchLooking at the reaction areas of the FED anticipation VS announcement. This, on my chart and with how i translate my chart, looks like suppression, which means there is an energy building that could pop with the right statement and ripple effect of that story. Crypto is starting seperate in its sentiement form dollar and service token is starting to seperate from crypto. But Function is still in development. Money is still dollar and psychology will take the people back to the dollar until utility and security are accepted. The good news is that with this growing inflation the dollar will loose value and surviving value will shift to a different form. Chances pushed may lead to leaps forward.
COINBASE:MATICUSD
by mindfree
3