MATIC/USDT New All Time High hit and What New update now?#MATIC/USDT TA Update:-
$MATIC currently trading at $2.80
And Daily going to new All time High.
Today hit $2.877 ATH
What Chart say..?
As Per chart $MATIC broke our all time Resistance $2.41 and also trading above Resistance level so Now $Matic is supper bullish.
But Also trading at Small resistance point.
So I am expecting some Retracement till $2.41
Now 2 Strong support for $Matic Bull Cycle.
Support:- $2.41/$1.90
Resistance:- $2.90
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Always trade with Confirmations.
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Polygon
MATIC - new ATH, preparing for price discovery modeMATIC is one of best performing cryptos in recent time.
Chart looks great, new ATH is reached, HH and HL since summer.
Only thing that bothers me is the volume. If you compare volume from previous breakouts and upwards moves, current volume is too small.
Breakout without volume confirmation can result in false breakout. Hope it is not the case here.
If MATIC manages to stay above previous ATH level, consolidates for some time (without falling sharply down) further price discovery mode is probable!
Take a look at previous MATIC analysis where I also mention this potential "volume problem":
$MATIC ASCENDING TRIANGLE TARGETmatic has been in accumulation for a while now
ascending triangle pattern
a breakout of the $2.25 area could result in a price target of $17
Matic possible correctioni see bullish price action in future but now price need correction to fib level before *full moon* move.
MATIC TargetsMy recent Polygon call just hit the target. 👇
We are having a great run📈 but I think it's the right time to take at least some profits off the table, so I will be lowering the exposure on each TP level step by step. Here are my next targets for ♾️ MATIC :
TARGET 1: 2.44
TARGET 2: 2.58
TARGET 3: 2.85
TARGET 4: 2.99
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
✔Rise of the MATIC! 🌄According to previous analysis (The chart below), MATIC is now in the Price discovery mode And as long as it maintains that trend line, we will see new ATHs.
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Polygon (MATIC) 3 of 5 tasks done...Polygon (MATIC) 3 of 5 tasks done...
1. hold the green price trendline channel (done)
2. hold the green support on OBV (done)
3. break the red horizontal price resistance (done)
4. break the red trendline channel on RSI
5. confirm breakout(s) and have fun 😎
What do you think? 😎
Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another comparison.
*not financial advice
do your own research before investing
matic just broke this huge bull flagvery bullish on matic.
my personal target for matic is $4. matic's fundamental and usecase is absolutely on point
wagmi
nav
Rising Wedge on PolygonPrice made a rising wedge pattern and is currenlty moving under ATH resistance, so it may be unable to break and fall down; If it does, targets are 1.8, 1.5 and 1.0.
MATIC Polygon Next Move, 25 DecI think this is the most possible scenario for MATIC next move
According to following tips
- Volume keep decreasing
- Descending divergence
- ATH Resistance
- Price has formed a pattern
Anyway use stop loss in case if it break the pattern from top.
UNB - 10x ~ 100x Potential it can be among the top 150 in the less than 1 year.
As long as UNB is cheaper than $0.1, it's a good opportunity to invest
Consider that many big names like Sandeep Nailwal (from Polygon) have supported this project
Dears, ofc I just introduced it (#DYOR)
Unbound Finance Whitepaper
Unbound Finance Website
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MATICUSDT-SHORTThere is a short position in MATICUSDT Polygon
MATICUSDT Polygon
🔴Short Now or set on Key Level 2.640
🟢Target 1 2.450
🟢Target 2 2.300
❌Stop loss 2.710
#K_Level
MATIC Stays Bullish, New All Time High expected !!Matic daily/weekly close above $1.93 opens space for new all-time high.
MATIC = Price discovery! 🤩As you know, Uniswap v3 has recently been integrated with the Polygon network. It will be very big 😎
Also, Matic Supply in exchange is very low
It seems that Matic is going to have price moves like Solana , AVAX and LUNA
However, before new ATHs, It will probably stay on Sideway for a while and have Consolidation
Second Scenario:
Let's See
Dears, It would be good to like this Analysis and maybe Following me 🙌
Polygon Under Radar after Collab with UniswapAt this point, the price is in a rising channel, and currently hurling around an all-time high and the resistance of the rising channel. We could see a sharp rally towards $3 if it breaks out. Otherwise the correction towards $2.10 will be imminent before moving further up.
Polygon Matic testing the last resistance before price discoveryPolygon is in an accumulation phase since the downfall in may 2021.
We are finally back up around previous all time high price ranges.
Bullish news came in that Uniswap is now live on Polygon which is bullish for the whole Ethereum ecosystem.
The RSI shows that we are in the middle of an accumulation phase and therefore its plausible that the final price breakout will occur in 2022 and not yet.
However, in the long run we only see upwards potential for matic.
Currently around 7 billion MATIC tokens out of 10 billion possible are in circulation.
This is ok from an inflation standpoint.
If we go back around the 2$ level this coin looks like a strong buy.
Feel free to comment or ask anything you like.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers Ctumbler
MATIC to retrace down to 2.31 before a race back to newer highs?Polygon raced to new highs of 2.65 today. If MATIC can pull back to 2.31 levels it would correlate with a .382 retracement of the run from December 14th to the highs of today. The 2.31 level is also past resistance of December 10th and 19th. Although price may not retrace and continue higher now that the new high has been formed.
MATIC - strong bullish structureAfter massive pump of 13000% and classic ABC correction MATIC is building bullish structure.
Since C wave and capitulation Polygon/MATIC is forming higher lows and higher highs.
BTC is still struggle to break upwards, while MATIC is already at ATH level.
When MATIC enter into price discovery mode, price targets are ungrateful to predict but my are fib. extension 1.618 and 2.618 for now. When we get some more price action I will evaluate them again.
You can check my last MATIC analysis with more target details or zoom out this chart to find them.
I took some profit at previous HH and buy back more of it at around 1.9$ to increase my position. If we get another dip I will ad my last Polygon allocation at level market on chart as "minor D support".
Volume is only thing I don't like here. Hope we will get more of it when MATIC reach new ATH.
Previous analysis:
MATICUSDT - Resistance Breakout!!MATICUSDT (4h Chart) Technical analysis
MATICUSDT (4h Chart) Currently trading at $2.56
Buy level :Above $2.57
Stop loss: Below $2.25
TP1: $2.70
TP2: $2.90
TP3: $3.09
TP4: $3.25
Max Leverage 2x / Spot market
Always keep Stop loss
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MATICUSDT-SHORTThere is a short position in MATICUSDT Polygon
MATICUSDT Polygon
🔴Short Now or set on Key Level 2.390
🟢Target 1 2.260
❌Stop loss 2.415
#K_Level