Polygon Matic drop to $1.41 then longI will be looking to DCA to $1.41 for Matic,,, 61% fibo level + bottom of the uptrend channel + retest to the 200EMA
NFA
Polygon
Polygon still trying to break the resistance!Will Matic perfoming complete Inv H&S pattern soon? let see what happen next
NB: BTC need to do well also if we want Matic to go higher
not financial advice
Good luck traders ;)
$GHST/USDT 12h(Binance Spot)Ascending parabolic curve on supportAavegotchi is up-trending and regained 100EMA, looking good to push higher in the coming weeks! Tomorrow it will be listed on KuCoin.
More information about that NFT metaverse that runs on the Aave protocol, also a DAO & DeFi governance token and member of Polygon Ecosystem on aavegotchi.com
Current Price: 1.933
Entry Zone:
1.923 - 1.861
Take-Profit Targets:
1) 2.129
2) 2.423
3) 2.815
Stop Targets:
1) 1.734
Matic looking to breakout - $2.70 in DecemberMatic is looking to breakout.
- Falling Wedge
- Rising RSI
- MACD beginning to reverse
Previous falling wedge led to a push to the top of the channel.
This would be an $2.50-$2.70 price.
MATIC/USDT TIME FRAME 1DHello and welcome to my idea. Today we will take a look at MATIC / USDT chart.
On Fibbo we just test 61.80 (golden pocket) and make a good support so we can be bullish.
On RSI we are close to nivel 50
MACD are close to cross
MFI is close to oversold area.
If the price close in next days over 1.81 next target for take profit is 2.55.
See u next time
$TRADE huge growth opportunity!TRADE from Polygon just became available un Kucoin and their project is looking solid.
Good possible earning on the 1 Hr chart by entering around $1.27 taking some profits at $1.33 and exiting trade at the 61.80% Fib ($1.40)
Polytrade bridges the gaps in traditional receivables financing by accessing untapped crypto liquidity.
MATICUSDT 1DHi everyone
Investors can expect the price to continue to decline and re-test the support levels of $ 1.45 and $ 1.41
And it can also range around $ 1.41
Lowering the price below both support levels will push the price to $ 1.30
While a bearish scenario seems likely, the price could move higher and break the $ 1.67 resistance. In this case, the price will be in the path of the price ceiling above $ 1.77, which will invalidate the downtrend scenario
Thankful
MATIC (Polygon) in a perfect symmetrical triangle on the daily. MATIC (Polygon) in a perfect symmetrical triangle on the daily. Breakouts tend to go the direction of the trend.
Breakout to the upside imminent. Be caution as whales are known to fake obvious breakouts like this, crash the price to scoop up the bags of weak hands then pump back into the upside.
MATIC 1D BUYMATIC 1D support is at ~$1.5
Enter 50% here
and try to set some buy orders near the support zone
If MATIC holds above the trendline,
the Take-Profit target would be $1.76, $1.92 and $2.1
Cheers
Is Matic ready for New high Matic is very close to breaking the falling wedge...
Although matic bullrun is yet to start..
Expecting some huge pump from matic in coming days
MATIC Polygon Downward Price TargetToday I am reviewing the 1D (daily) chart for Polygon (MATIC) on a linear scale.
The price has been dropping with the overall crypto market dropping led by Bitcoin (BTC) and Ethereum (ETH).
I am showing the Fibonacci level of 0.382 around $1.17-$1.18, where the price may also meet the trendline (in red). This would be a 22% drop from current price levels.
Also keep an eye on the RSI ( relative strength index ) as we may have potential to get back to touch the trendline.
What are your opinions on this? I love reading your comments below.
Check out more below for recent Altcoin, Bitcoin , Stock and Commodities Ideas.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
MATIC (POLYGON) RESULTalright,here is the result of my previous analysis.
check the link below to see my previous analysis.
Powerful wave 5-3-3 MATICUSDTVery good conditions can be seen in the chart, it seems that a powerful wave is on its way.
Follow the principles of capital management.
enjoy.
Polygon Daily ChartPolygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks which make it amazing for investing. Huge and strong fundamentals.
Levels to watch between -> 1,50$/ 1,25$.
BINANCE:MATICUSDT
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🪀MATIC- Ready for Wave 5? reached dynamic supportThe price has been moving in a rising wedge formation and today during BTC dump reached the bottom trendline. We can assume that this move was either the end of wave (4), or wave (b) and (c) is yet to come, in which case it would replace the current (i) - (ii) projection. Either way what is the most important for now is to see the price break out from the descending channel, ideally above the area of resistance and then a small pullback to around ~1.69 which could give potential entries. Entries at current price are also viable but of course much more riskier.
Feel free to share your thoughts in the comments.
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About MATIC:
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
To learn more about this project, check out our deep dive of Polygon Matic.
Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer.
Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains.
Source: coinmarketcap
