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Polygon

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
Polygon (MATIC) - February 11Hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (MATICUSD 1W Chart) Above the 0.681 point: the uptrend expected to continue Above 1.073-1.169 section: It is expected to make a new wave. We need to see if we can continue moving along the uptrend line. If the upward trend continues, it is expected to receive primary psychological resistance in the 2.375-2.552 section. If it falls from the 1.542 point, a short-term Stop Loss is required. If it falls from the 1.073 point, you need a Stop Loss to preserve your profit. However, it may temporarily drop to around the 1.073 point, so countermeasures are needed. (1D chart) First resistance section: around the 2.447 point Second resistance section: 3.056-3.259 Support section: 1.634-1.837 The interval 1.634-1.837 is the interval that determines the trend. As such, we expect the trend to continue in the direction that deviates from the 1.542-2.023 range. ------------------------------------- (MATICBTC 1W chart) Above 0.0000 2390 point: Expected to create a new wave. What is important in the current flow is that the price stays above the uptrend line. So, if you fall from the 0.0000 4415 point, you should check to see if it is moving similar to the path drawn on the chart. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an upward trend or a downward trend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to be able to regenerate themselves. ------------------------------------------------------------ ------------------------------------------- ** 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-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet. (Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.) ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** 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
5
$MASK/USDT 4h (#BinanceFutures) Rising wedge breakdown & retestMask Network got rejected on 100EMA resistance and seems likely to continue with the downtrend until it regains it. mask.io If you are not used to operate bearish set-up, you can use the targets to buy in Spot instead Current Price= 5.996 Sell Entry= 6.069 - 6.488 Take Profit= 5.054 | 4.316 | 3.677 Stop Loss= 7.261 Risk/Reward= 1:1.25 | 1:2 | 1:2.65 Expected Profit= +19.50% | +31.25% | +41.43% Possible Loss= -15.66% Fib. Retracement= 0.786 | 1.272 | 1.764 Margin Leverage= 1x Estimated Gain-time= 2 weeks Contracts: #ERC20 0x69af81e73a73b40adf4f3d4223cd9b1ece623074 #BEP20 0x2ed9a5c8c13b93955103b9a7c167b67ef4d568a3 #Polygon 0x2b9e7ccdf0f4e5b24757c1e1a80e311e34cb10c7
Short
by TradingOn
2
Polygon (MATIC) Buy ZonePolygon (MATIC) Buy Zone -------------------- BIAS Mid-Term : Bullish Risk : Medium Polygon has retested $1.5 zone many times on 4 hours timeframe over the last week, from where we've bounced with very decent strength up to $1.65 zone. -------------------- $MATIC/USDT LONG SETUP Leverage : x3 - x5 Entry Price : 1.48 - 1.56 TP 1 : 1.59 TP 2 : 1.64 TP 3 : 1.68 TP 4 : 1.725 TP 5 : 1.78 TP 6 : 1.83 TP 7 : 1.89 TP 8 : 2 Stop Loss : 1.385 *Maximum 3% of Portfolio. *Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry. --------------------
MLong
by Zerene
2
Crytpo Layer 1 Relative Strength Analysis & Recovery This chart plots price action on a relative %age scale on Y-axis. Our main goal here is to plot %age decline or gains in leading Layer 1 coins as of Recovery moment on January 24rth on an hourly chart showing the relative difference in the strength of recovery across various layer 1 solutions. For those who want to isolate a few layer 1s in their portfolio, this analysis should give them quite some hints into which layer 1 solutions have the most Bulls backing behind them. This in combination with overall dev community growth, a number of commits & the overall fundamentals of the layer 1 solution should give you enough idea about possible investment opportunities. For me, Flow, Solana, Polygon & STX shows significant higher interest in bulls than other layer 1 solutions.
by Le0
MATIC breaks resistance!MATIC made a clear move above the resistance when it breached $1.61, confirming a recovery in the short-term. I believe this recovery will continue as its two paths forward are both bullish, with targets that will break through the upper trend line of the ascending (consolidating) channel in GREEN. The target will depend upon whether the price follows the C&H pattern in PURPLE...or fails at $1.68, dropping back to $1.56ish to form an Inverse H&S in ORANGE (projection). **note that the potential targets of $1.88 and $2.03 could vary slightly because of where I measured the bottom, finding a reasonable area higher than the wick that corresponded to an average of equal support levels from Jan. 25. BTC broke $40k and is leaning positive for continuation, but who knows? A lot of investors are trying to cover their butts right now and the immediate time frames show an oversold RSI while the daily is still excellent. I will be watching for BTC to slip below $40,200. A dip from $40,500 to this level could be the relationship between creating the Handle on MATIC's Cup, and a drop below $40,200 may be what would lead to MATIC forming a right shoulder around $1.56. Either way, the market is heading higher due to the liquidation of shorts on BTC. This is not financial advice.
MLong
by keykomg
2
Bitcoin Daily TA : 02.03.22 : $BTCAs you can see, the price in 4-hour timeframe reacted negatively to the static range of $ 38,500 to $ 39,300 (Bearish OB) and it was rejected exactly as i expected and is now held by its dynamic support in the range of $ 36,600 and if the price closes below $ 36,200 , the next targets will be $ 35,500, $ 33,800, $ 33,000, $ 31,800 ... (Previous analyzes and targets are still valid) 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 📅 03.Feb.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDShort
by ArmanShabanTrading
5
MATIC WEEKLY chart possible trade rangeLooking at the Weekly chart of MATIC, the gap up play on a pull back with strong support bounce in the yellow zone. Looking for possible relief rally or bull traps to come until April/May where the focus will be on a historic chart from last year for size of move and volume relations. Hopium seems to be as addicting as the FUD and FOMO with many that bought at or near the tops and new to crypto cycles. GTLA For the record, I own MATIC, and believe it is a strong project. I am currently DCA into this position, (again), I do not plan on selling for 5 to 10 yrs. My son is also a HODLer. For price targets, analysis, or perspective on ANY Crypto or stock asset, please comment or ask for the type of analysis and thorough questions... Thanks, Paul Shindig Shinn Trading and Tattooing.... Disabled and Retired....
COINBASE:MATICUSDLong
by shindig805