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.🟢
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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.
