Polygon MATIC Breaking Out, Headed to Double Digits?Looks like MATIC is breaking out here. Wave-B is a potential triangle and is equal in time to wave-A. Wave-C should be at least 25% of the time of A+B and could go to around $25 but we should wait until we are closer to the top to be sure.
Shiba Inu has went absolutely insane this month. Shibaswap is built on Polygon. Seems likely a break out is about to occur.
Polygon
Polygon (MATIC) Growth Incoming Looking Nice!Polygon Matic has been showing signs of gaining positive momentum. We're loosing negative momentum on our MACD histogram and still have yet to bullishy diverge. On the Stochastic RSI we're formed a nice trough starting to creep out of the oversold territory. Layer 2 Ethereum scaling cryptocurrencies will be rising with the growth of Ethereum. I believe move up to the 0.786 Fibonacci level at $2.25 is looking like a good short term possibility. We have a nice sturdy uptrend since July. I do believe we will be getting a re-test of $2.70 cents for Polygon in the weeks to come with the overall growth of the market.
Keep a close eye on Polygon Matic as it has good fundamentals pushing it forward this cycle and still has room to grow.
Much peace, love, health, and wealth!
MATIC level testing and stabilizationMatic responds very well to market fluctuations, we see strong support and stable trend.
could Polygon breakdown the critical point?Fibo levels:
X=$0.28
1.6 BC=$0.154
2 BC=$0.32
2.24 BC=$0.51
2.6 BC=$1.06
1.6 XA=$5
3.6 BC=$7.28
$5 and $7.28 are massive resistances but if Polygon breakdown these resistances and the critical point anyone can't stop it.
Polygon Matic Mid TradeAccumulated for a long time for matic, I think its time for matic continue rising
Matic is probably the next Solana ...The Matic / BTC pair has lost its bearish trend.
But to be bullish, Matic must also break that "Down Trend" that now seems difficult.
A very important point is that there is currently less than 0.2% of Matic Supply in exchanges! This is insane!
Given this, there will be insufficient supply if Polygon becomes trendy again.
this guy looking undervalued.
Anyway, I think market is ready for a short AltSesson
Note: Bitcoin has not yet stabilized and if it falls, the whole market will naturally fall too.
Resistance levels to watchLow time frame and high time frame resistance levels to watch for.
$matic broke out of diagonal resistance but first test at LTF horizontal resistance. Break through this on the first attempt and I would expect a rejection at the HTF level.
MATIC(POLYGON) GOING TO $2 MEGA BULLISH WITH ABCD OR FIBOMATIC so good right now for the SPOT
Can wait for the retracement or buy with the breakout
VERY soon going to $2
With fibonacci or ABCD all goals going to $2
Polygon/Matic Cool-Off but Looking BULLISHAs you can see, polygon/matic seems to be following the support trend corridor and cooling off at the moment for accumulation and consolidation before making the next push.
#MATICUSDT MATIC is in its own ascending channel.The MATIC is in its own ascending channel.
The price could correct to the 0.618 Fibonacci level. 🔵
Based on the Fibonacci extension, the price will then grow to the own first target.🟣
The purple line is Fibonacci extension Target.🟣
Red lines are support and resistance level.🔴
The blue line is Fibonacci Retracement 0.618 Levels.🔵
The green line is Fibonacci Retracement 0.786 Levels.🟢
Share this with your friends if you like it.
enjoy it.
MATIC - TRADE SETUPAs I've been watchin MATIC very closely I feel like it is the time for MATIC to cope with the market!
In my first chart we tried to catch the bottom but the entry wasn't filled however, we got MATIC at a great price and I did mention to start DCAING if it comes to entry or not! I also mentioned with a very simple charting method why I though MATIC would pump and it did exactly the same:
In my last chart I told everyone to jump into MATIC if we breakout of this massive bull flag and also gave the longterm prediction for MATIC to reach $1.6 - $4 in next few months.
However, we're still waiting for this breakout to happen but I feel this is a great entry for MATIC, start buying and DCAING into $MATIC, MATIC is almost very near to a breakout, if it breaks the resistance upwards it is going to go parabolic! Seem very BULLISH.
SL, TPs are marked, entry is the market price or breakout confirmation :-).
If you liked this idea please like and share :-)
MATIC's Real break out is right around the corner $17 by EOY?Is a $116 billion market cap possible for MATIC? Why the hell no?
Regardless the breakout target out of this descending triangle is .00007228 MATIC/BTC. Assuming a $100k BTC, I think we should be able to see a $7 MATIC.
As you can see, we just retested and bounced off the diagonal line of resistance now turned support. I think we can be expecting some impulsive moves to the upside for MATIC in the coming month or two.
Hope you packed you bags!
MATIC USDT : CORRECTION / RETESTIn the cryptocurrency market, corrections of 5-10% are significantly more frequent than in the stock and other traditional markets.
EXPTECTED CORRECTION FOR MATIC .
DONT PANIC
MATIC waiting for break What's up guys!
I'm looking for buy setups after the break of the trendline cause price has been in overall uptrend and after the break of the resistance it is currently retesting the newly formed support
what do you guys feel ?
Matic(polygon) reached a support levelit seems that Matic has reached a crucial support level that we have been waiting for.
it seems like an interesting area to go long.
Matic Polygon at Key Support Area, Let's Go!As you can see, Matic/Polygon has been consolidating within this bullish corridor and continuing to set higher lows along the trend line (as depicted). I believe that we will likely find support at this level $1.82 and should begin our journey towards additional bull market profits, with the short term goal of $2.70 as a target (previous ATH). Long term, this coin is MASSIVE and partnered with too many technologies and companies to count.
Pay very close attention to see what Matic/Polygon does here, it could be a great long opportunity.
*this is not investment advice and I am not a financial advisor.
MATICUSDT : Will MATIC Price Hit $5 in 2021?MATIC LONG !! EXPECT AN UP MOVE ANYTIME SOON.
IF NOT , NEXT RESIS > 1.8 , 1.65.
it’s very much possible that MATIC might reach $5 in the near future as per the current bullish trend.
MATIC TREND REVERSALMATIC trend reversal. We see that double top is created very clear.The price breaks down strong support line and there is continuation pattern is ready to move next zone.
I won't miss QuickUsdtDo your own research about #Quickswap; I personally like it.
If you agree with me, I think prices around $405 would be a good point to enter.
Despite the targets on the chart, I will hold some until the end of the bull run; there are prices to be explored.
#Quick storm is coming.
Manage your risk, don't risk more than you can afford to lose. Always #dyor.
Good luck.
Posible Fakeout in MATIC ❌This could be a fakeout of the asymmetrical triangle, as there is no volume and we haven't gone successfully below the last higher low (1.8).
However, if we breakout the 1.8 levels we will be testing the support at 1.7. Now, if we get back in the triangle this will be extremely bullish chart.
If we manage to climb up these resistances, we will see a climb up to 2.5 approximately.
Everything points that this is a fakeout but you should be careful.
Polygon (MATIC) - November 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(MATICUSD 1W Chart) - Mid-Long-Term Perspective
Above 0.681 point: Expected to create a new wave.
The wave cannot be considered complete and requires careful trading.
(1D chart)
In the CCI-RC indicator, the CCI line has risen above the +100 point, entering an uptrend.
We need to see if the CCI line can touch the EMA line and continue the uptrend.
If the price maintains above the 1.634-1.837 range, a move is expected to move higher than the 2.447 point.
The key point for this rise is the 1.443 point.
Therefore, if the price holds above the 1.443 point, we expect the uptrend to continue.
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(MATICBTC 1W chart)
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, 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 regenerate themselves.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
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 yet been released.
(Because it is not public, 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.)
MATICwe have an important area ( yellow box ) , chart is in the area and you have to wait for a strong candle above the yellow box ,use Fibo Retracement to find support and resistance lines , buy step by step always .
Polygon #MATIC 1D - retrace scenarioPolygon (MATIC) on a 1D chart seems to have formed a double top pattern recently and making it's way down. I set up a few trend lines with fib levels to keep an eye on. I also put a few horizontal support lines for areas where the price may get support going down.
What are your thoughts? Comment below, hit the like and follow me. Thank you!
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 #bitcoin #altcoins
