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
Polygon
$MATIC VS $LINKlink rose consistently from 2018 to now
will polygon be able to manage the same?
1.618 - 1.786 extension puts polygon between $80 - $150
the future has its own plans
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.
HOW MATIC GOES TO $85matic goes to $85 by repeating the monero 2015-2018 playbook
and
completing a 1.618 extension to a mere 850 X of the lows
MATIC - strong bullish structureAfter massive pump of 13000% and classic ABC correction MATIC is building bullish structure.
Since C wave and capitulation Polygon/MATIC is forming higher lows and higher highs.
BTC is still struggle to break upwards, while MATIC is already at ATH level.
When MATIC enter into price discovery mode, price targets are ungrateful to predict but my are fib. extension 1.618 and 2.618 for now. When we get some more price action I will evaluate them again.
You can check my last MATIC analysis with more target details or zoom out this chart to find them.
I took some profit at previous HH and buy back more of it at around 1.9$ 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
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.
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
MATIC 15 min testing resistanceoh boy seems like I just love double bottoms.
Matic formed a nice one, retested the support, and is currently taking on resistance. This resistance coincides with a previous resistance when it was at an ATH some time back.
Matic waiting for pullbackHello everyone,
Stoch RSI is still signalling an imminent pullback for matic which is going to be around 10%.
I would invite you guys do not buy yet and wait for the pullback and for support confirmation.
Have a nice trading week.
Polygon at resistance levelCOINBASE:MATICUSD price has reached the previous high. I would like to see it break above this level, $2.80 is what I'm looking for.
Follow for more chart analysis.
MATIC Polygon Technical Analysis & Trade IdeaTaking a look at MNATIC. It has traded up to a big weekly resistance level. I would be interested in a counter trend trade back down to around the 50-61.8 fibo where there could be a buy opportunity. given the momentum and thin leg evident on the chart I wouldn't be chasing price. Im inclined to see if we get a retrace and buy opportunity off support.. Not financial advice. #matic #polygon
$15 - Matic in this bullrunMatic is retesting its previous All time High. Once it breaks it, it is going to go to $15 this Bullrun. Hold on to this ride, this is going to blast soon.
MATIC: Another BUY SIGNAL Hey guys, this is Julie ^^
Let's talk about MATIC today:
In my last analysis, I told you that it was a good place to buy MATIC, and now, it looks like it is finally confirming.
The green line resistance level has been lost, it looks like it will close above it today. For me, this is the last confirmation I needed to buy MATIC.
It's near the 21 EMA, near the support level (orange line), near the 61.8% Fibonacci Retracement, and we still have this amazing divergence on the OBV.
OBV: As you can see, the green line was a top before, and we are at the same price level today, but the OBV is MUCH higher than it was back then. When we have a divergence from the price trend, this indicates that a reversal may occur, and this is an incredible buy signal.
I really believe this is the best place to buy MATIC, if you have not bought before.
Thanks for reading! Don't forget to support me with your like and subscription =D
Bye bye!
MATIC long$MATIC broke through the resistance level. Bullish movement is expected to continue up to resistance at 2,57 is expected to happen.
Polygon (MATIC) - breakout knocking at the door?Polygon´s 5 tasks on the daily chart...
1. hold the green price trendline channel
2. hold the green support on OBV
3. break the red horizontal price resistance
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 update 20/12/21this chart has been playing out perfectly, right now on the 4hr chart we can see ahead and shoulder pattern forming, the right should just need to start printing!v We hit resistance perfectly as planned, and found nice support.
MATIC♾️ reloadedLast Polygon triangle breakout trade ended with profit... 👇
Now I have a new setup for you! MATIC ♾️ seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.95 and even higher.
ENTRY : local high @ 2.161
SL : local low @ 2.056
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.95
RRR : 7.5
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
This is my nr1 bag: MATICWhat a pattern, i like it.
A rounding bottom in a super high timeframe.
Also uniswap talking abouth using it parallel to erc. Just awesome.
Reasonable for MATIC to reach $3.00 within the next yearStrong healthy uptrend from the start, no parabolic movement since May 14.
MATIC is finding support around $2.00, we may not have many more opportunities for an entry price below that level of support before the next upward movement.
The chart indicates that short-term downward movement may be likely to continue, providing investors a more ideal entry point before new ATH is possible.
The price action of 10x is unlikely because it would require MATIC to have a market cap ratio to bitcoin of 20% at BTC present-day value.
This token has plenty of room to increase in value and a low chance of fading out in the near future. It will be reasonable for MATIC to reach $3.00 within the next year.
