MATIC/USDT challenges in breaking through the crucial resistance💎 MATIC has undeniably captured significant attention in the market. Presently, MATIC is encountering challenges in breaking through the crucial resistance level. The presence of several bearish rejection candles at the resistance level suggests that if MATIC fails to breach this barrier in the near future, the price may undergo a decline, returning to retest the demand zone to generate new momentum.
💎 However, if MATIC successfully breaks out of the resistance level, a substantial upward movement is anticipated, probability reaching our target area.
💎 In the event of a retesting phase at the demand zone, if MATIC struggles to maintain its position and undergoes a breakdown, there is a likelihood of a bearish reversal. This could lead to a retracement to the next lower-demand area.
💎 In this scenario, a bounce is required to reclaim the area around $0.805 to resume the upward movement. Failure to reclaim the area may result in MATIC continuing the downward trend and returning to the strong support area.
Polygon
Can Polygon leave the penny Crypto area for ever❓Can MATIC break the $1 and leave the penny Crypto area for ever❓
The Renko Chart shows that Polygon is at an important support line🟩
If Polygon breaks through the trendline resistance as well a huge bullish future is ahead IMO🚀
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
MATIC/USDT In the crucial area. Break out or rejected ??💎 MATIC has indeed become a focal point in the market, showcasing a well-executed rounding bottom pattern. Currently contending with a challenging supply area, MATIC is facing hurdles in breaking through. However, a close examination of the daily candle, especially with a robust green candle, suggests a potential breakout from the supply area in the imminent future. A successful breakout would pave the way for MATIC to probability advance toward our targeted supply area.
💎 On the flip side, if MATIC encounters difficulty in breaking the supply area in the near future, the likelihood of a downward movement increases. MATIC could retreat and undergo testing, heading towards the demand area at $0.69 to instigate a fresh momentum.
💎 The undesirable scenario unfolds if, during the retesting at the demand of $0.69, MATIC struggles to sustain its position and breaches the demand area. In such a case, MATIC would revert to a bearish movement, potentially retracing to the robust support area.
MATIC Fractal Geomerty ResearchMethod : Fractal Geomerty Research
White Line : Matic Chart
Purple Line : Geometry fractal predictions
" Previous history has been a repeated failure; the more I delve into this method, the closer I get to patterns that resemble the actual future. The more it fails, the more patterns/options I find that approach success in analysis. Because this method is an ancient one, rarely utilized, and challenging to comprehend, references are scarce."
Observing historical data from the smallest particle frame to larger time frames using fractal and Fibonacci, methods are very suitable for investors, spot traders, long-term or swing trades.
!However, it's not suitable for scalping, short-term, or future traders!
Note: that personal observation does not constitute financial advice. It's important to seek advice from a licensed financial advisor before making any investment decisions.
#matic #polygon
Polygon (MATIC) Whalers Spurred A Resurgence Polygon (MATIC)
Yesterday's brief downturn in BTC was seen by investors as an attractive chance to buy altcoins at lower prices, with MATIC being one of them. A swift gathering of buyers at the local low of $0.760 spurred a resurgence in its upward trend.
Currently, the asset is oscillating between a support zone of $0.765-$0.790 and resistance levels ranging from $0.843 to $0.860. There's also an additional marker for buyers at $0.814. Aiming for continued growth and potentially setting new highs is the main focus. In the near term, the $0.905 level might be the next milestone for buyers.
However, a downtrend in BTC's chart could adversely affect altcoin prices. If this happens, MATIC could descend to the support levels at $0.734 and $0.694. It's also important to keep a close eye on Bitcoin's movements, as a more pronounced correction in BTC could make several altcoin support levels obsolete, possibly leading to a more significant drop compared to BTC.
Get Ready to Ride the MATIC Rocket to $1 - It's Pump Time!MATIC token is gearing up for a monumental pump, and it's aiming straight for the $1 mark!
Yes, you heard it right! MATIC is on the rise, and we have all the reasons to be thrilled about it. This incredible opportunity is knocking at our doors, and it's time to seize it with both hands. So, buckle up and get ready to embark on a thrilling journey towards profits and success!
Here's why you should consider joining the MATIC long party:
1. **MATIC's Impressive Performance**: Over the past few weeks, MATIC has showcased remarkable resilience and growth. With its solid fundamentals and a dedicated community backing it, MATIC has proven its potential to soar to new heights.
2. **Market Sentiment**: The overall market sentiment is overwhelmingly positive towards MATIC. Experts and analysts are buzzing with excitement, predicting a substantial surge in its value. It's the perfect time to jump on board and ride the wave of success!
3. **Technological Advancements**: MATIC's innovative layer 2 scaling solution has been gaining significant traction lately. This groundbreaking technology has the potential to revolutionize the blockchain industry, attracting more investors and driving up the demand for MATIC.
Now, it's time for the call-to-action! Don't miss out on this golden opportunity to long MATIC and maximize your profits. Here's what you can do to join the action:
1. **Conduct Thorough Research**: Before making any investment, ensure you have a solid understanding of MATIC's fundamentals, recent developments, and market trends. Knowledge is power, and it will help you make informed decisions.
2. **Set Realistic Targets**: While we're all excited about MATIC's potential, it's essential to set realistic profit targets and manage your risk. Plan your trades carefully, and don't forget to implement stop-loss orders to protect your investments.
3. **Stay Informed**: Keep a close eye on the latest news, social media buzz, and market trends surrounding MATIC. By staying informed, you'll be able to adjust your trading strategy accordingly and make the most of this exciting pump.
Remember, this article is not financial advice, but rather an enthusiastic heads-up about a promising opportunity. Always do your due diligence, consult with professionals, and trade responsibly.
Let us embrace this thrilling moment with open arms. Get your trading platforms ready, prepare your strategies, and let's ride the MATIC rocket together towards the $1 target! Exciting times await us, and I couldn't be more thrilled to share this journey with all of you.
MATIC Surges 6% as Whales Jump In!
MATIC token has just experienced a remarkable surge of 6%, and the cherry on top? Whales are diving into this promising opportunity!
Yes, you read that right! The MATIC token has been making waves in the market, and it's time for us to ride this exhilarating wave. With whales investing in MATIC, it's a clear sign that the smart money is betting big on its future potential. This is a golden opportunity for us to join the ranks of these savvy investors and potentially reap substantial profits.
So, what are you waiting for? It's time to seize the moment and take advantage of this exciting development. I encourage you to seriously consider going long on MATIC, as this surge, coupled with whale investments, indicates a strong bullish sentiment surrounding the token. By going long, we position ourselves to potentially benefit from the anticipated upward momentum.
Why should you consider MATIC? Well, apart from the recent surge and whale interest, MATIC has been gaining significant traction in the market due to its innovative scalability solutions for Ethereum. As the crypto world continues to evolve, MATIC's technology is well-positioned to address the scalability issues faced by many blockchain platforms. This potential for widespread adoption makes MATIC an attractive long-term investment opportunity.
Remember, timing is crucial in the crypto market, and this surge presents a unique chance to capitalize on the growing interest in MATIC. Don't let this opportunity slip through your fingers! Conduct thorough research, analyze the market trends, and consider adding MATIC to your portfolio.
If you're ready to take the plunge and long MATIC, I suggest exploring reputable exchanges that provide a seamless trading experience and offer the necessary tools to maximize your gains. Ensure you stay updated with the latest news and developments surrounding MATIC to make informed decisions.
As always, please remember that investing in cryptocurrencies carries risks, and it's essential to make decisions based on your own financial situation and risk tolerance.
Polygon (MATIC) Technical Indicators Point to Continuous GrowthPolygon’s native token MATIC has seen impressive gains over the last week, rallying over 20% amid a resurgent crypto market. MATIC is currently trading around $0.76, up from under $0.65 just 7 days ago.
indicators like RSI and MACD were turning bullish, breaking out from previous bearish zones. There was also bullish crossover on the 9-period EMA, and MATIC printed green candles on the 1hr and 4hr timeframes. These were all signals to go long on MATIC.
Currently, MATIC’s RSI is around 53. An RSI reading in the 50-60 range indicates bullish momentum is building in an uptrend, but there is still room left before overbought conditions. This aligns nicely for further upside potential in MATIC’s price.
In summary, MATIC’s strong technical setup and bullish indicators suggest its powerful rally over the last week may have further to go. MATIC looks poised to retest overhead resistance around the $0.80 level if it can hold above key support at $0.70.
MATICUSD: One more tick upwards, then correction.Polygon is cruising past the 1D MA200 on largely overbought 1D technicals (RSI = 82.582, MACD = 0.047, ADX = 72.673). We expect exhaustion to kick in near 0.87900 (Fibonacci 0.5 level) followed by a lengthy pullback to the 1D MA50. That will be the next buy opportunity, targeted at the R1 level and 0.786 Fibonacci (TP = 1.18950).
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MATICUSDT Potential Targets!MATICUSDT (1D Chart) Technical analysis
MATICUSDT (1D Chart) Currently trading at $0.646
Buy level: Above $0.64
Stop loss: Below $0.55
TP1: $0.7
TP2: $0.8
TP3: $0.88
TP4: $1
Max Leverage 3x
Always keep Stop loss
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MATICUSD with bullish flagBullish flag is one of the bullish continuation patterns. This pattern have a big success rate if we follow several rules :
BULLISH CONFIRMATION :
Trading with bullish flag needs extra patience, because this pattern need one full candle above flag resistance as bullish confirmation.
Entering the market with a hurry decision can be dangerous because if flag support breaks down, this pattern becomes invalid anymore.
In this example, we need one full candle above 0.6537 as confirmation .
INVALID BULLISH FLAG :
Consider this pattern invalid if :
1. flag support break down before bullish confirmation
2. flag channel drop and reach 1/2 pole. In this example 1/2 pole at 0.5763
If this pattern becomes invalid, forget it and try to find a new pattern to perform.
BULLISH FLAG PROFIT PROJECTION :
This pattern have a good profit projection with AB (pole) equal to CD (target). In this example our profit projection at 0.7979
BULLISH FLAG STOP LOSS :
Flag support level are also as stop loss level for this pattern. Mostly win to loss ratio for this setup are above 2
Let me know in the comment below if you have any points to add.
MATIC/USDT Break Pattern !! Bullish and Upward Momentum ??? 💎 MATIC has indeed captured our interest, having shattered the confines of a Symmetrical triangle accompanied by substantial volume and a remarkable upward trajectory. Currently, MATIC confronts stiff resistance within the supply zone, experiencing a significant pushback.
💎 Given that MATIC is amidst a retesting phase at the resistance trendline of the symmetrical triangle, there's a likelihood of a temporary regression to consolidate gains from the substantial breakout. However, should it manage to breach the supply barrier imminently, MATIC Probability could effortlessly ascend towards the next supply zone.
💎 In the context of a confirmed retesting strategy, MATIC requires a bounce or a rejection signal to persevere in its quest to penetrate the $0.632 supply threshold and secure a position above.
💎 Conversely, a failure to rally could usher in a precarious scenario wherein MATIC falters at the demand zone, crumbling beneath it. Such a development would signify a false breakout, steering MATIC into a bearish descent toward a robust support stratum.
POLYGON PRICE PREDICTION 2023-2032: IS MATIC GOING PAST $1 SOON?POLYGON PRICE PREDICTION 2023-2032: IS MATIC GOING PAST $1 SOON?
Polygon Price Prediction 2023-2032
Polygon Price Prediction 2023 – up to $0.87
Polygon Price Prediction 2026 – up to $2.87
Polygon Price Prediction 2029 – up to $9.01
Polygon Price Prediction 2032 – up to $26.76
How much is MATIC worth?
Today, the price of Polygon (MATIC) stands at $0.68, experiencing a 24-hour trading volume of $133 million. The cryptocurrency has a market capitalization of $5.8 billion and accounts for 0.41% of the market dominance. Over the past 24 hours, MATIC’s price has surged by 1.75%. Currently, 8.01 billion MATIC tokens are in circulation, out of a maximum supply of 10 billion.
MATIC price analysis: MATIC price faces bearish pressure in surging above $0.7
MATIC price analysis shows a bearish pattern after witnessing selling demand near the high of $0.7
Resistance for MATIC is present at $0.703
Support for MATIC/USD is present at $0.6033
#quick #quickswap is about to rocket?+ Very long time vertical accumulation
+ Just about to break about pattern for months continuing
+ Testing daily ichimoku cloud resistance
If #quickusd price breaks this resistance with volume, i expect 1.5 - 2x mini rally here. Breaking the vertical support is the invalidation.
NOT FINANCIAL ADVICE.
Matic longMy plan for $MATIC... 2 scenario's I'm looking for...
Alarms set around 0.5 fib and $0,70✅ Patience...
#trading #maticusdt #polygon
@0xPolygon
@0xPolygonLabs
short MATICCRYPTOCAP:MATIC bounced off the resistance level and the descending trendline. Bearish movement to support level at 0.5$ is possible.
🔥GLOBAL OVERVIEW On MATIC For The Bull Market❗️MATIC is of the strongest altcoins among thousands of crypto. The previos bull market confirms it. The growth by 110 times after the triangle breakout!
💥 It capitalization have already reached $300M and it has potential but it's around 30-50x ($27-40 per coin).
Locally, Matic can grow to the top of the channel by +110% and make a pullback. I expect the growth after this pullback, but the growth continue if it break the triangle streight now.
like❤️ and follow
Check the links and get a BONUS🎁 from me👇
MATIC/USDT Technical Analysis: Deciphering the Chart SetupMATIC/USDT Technical Analysis: Deciphering the Chart Setup
Bullish Bounce from Symmetrical Triangle
MATIC currently trades around $0.65 after bouncing from the $0.52 level, which aligns with support of a symmetrical triangle on the daily chart.
Symmetrical triangles typically act as continuation patterns, so this bounce suggests a resumption of MATIC's uptrend within the triangle formation.
Favorable Higher Timeframe Structures
On the weekly chart, the symmetrical triangle takes shape as a larger bull pennant, which is also a bullish continuation pattern.
The confluence of constructive structures on the daily and weekly timeframes paints a positive picture for MATIC over the near term.
Measured Move Targets $1 Initially
The symmetrical triangle points to an initial measured move target of around $1 if MATIC can break out above the upper triangle trendline.
Reclaiming the key $1 level would likely propel additional upside momentum.
Potential for $5+ in a Bull Market
Looking longer-term, if MATIC breaks and holds above $1 decisively on the weekly chart, the bullish structures an extended move towards $5 first, with the potential for $10 in a sustained crypto bull market.
Monitoring Key Support at $0.50
If macro conditions worsen, keeping an eye on the $0.50 support level is prudent. A breakdown below $0.50 would invalidate the bullishness and introduce downside risk towards $0.20.
🔥 MATIC Break Out From 8 Month Bear TrendAfter an initial strong start of 2023, MATIC has generally been selling off all year. Helped by Bitcoin's strength, MATIC has managed to break through the main bearish resistance that was holding back this token.
In my eyes, this can be the start of a new bullish trend for altcoins. Looking at 1.5$ target over the next few months.
MATICUSD Double bullish break-out.Polygon (MATICUSD) closed yesterday above the 1D MA100 (green trend-line) for the first time in 6 months. At the same time it broke above the top (Lower Highs trend-line) of the Falling Wedge pattern since February 18. The 1D RSI was already on a Higher Lows Bullish Divergence since Augst 22 so this is a technical bullish break-out for the long-term. Our target is the 1D MA200 (orange trend-line) at 0.7000.
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MATIC Surges 3% - Time to Long and Ride the Wave!MATIC token has experienced a remarkable surge, soaring up by a staggering 3% in just a short span of time! This is an exciting development that should not be overlooked, and I encourage you to seize this opportunity and consider going long on MATIC.
The recent 3% surge in MATIC is a clear indication of the growing strength and potential of this remarkable cryptocurrency. As traders, we are always on the lookout for promising opportunities, and MATIC has consistently proven itself as a force to be reckoned with in the market. This surge serves as a testament to the resilience and upward trajectory of this incredible token.
Now, you might be wondering why this surge matters and what it means for you as a trader. Well, let me tell you, it's time to get excited! A 3% increase may seem small to some, but it's the beginning of a potential rally that could propel MATIC to new heights. By going long on MATIC, you position yourself to reap the benefits of this upward momentum, potentially maximizing your profits in the process.
So, how can you take advantage of this exciting opportunity? It's simple! Consider opening a long position on MATIC, placing your trust in its potential for further growth. By doing so, you align yourself with the positive market sentiment surrounding this token, positioning yourself for potential gains as the price continues to climb.
Remember, the crypto market is highly dynamic and ever-changing. Opportunities like these are what make trading so thrilling and rewarding. However, it's important to always conduct your own research and exercise caution when making investment decisions. While MATIC's recent surge is a promising sign, it's crucial to analyze the market trends and indicators before taking any action.
As always, I encourage you to stay informed, keep an eye on the market, and make well-informed decisions based on your own risk appetite and trading strategy. Don't miss out on this exciting opportunity to long MATIC and potentially ride the wave of its upward momentum!
Wishing you profitable trades and an exciting journey ahead!
Polygon (Matic)Matic break daily and weekly trend.
Buy the retest and you have a trade with huge upside where you could use a quite tight stop loss.
0.55 is a area of interest (buy-retest).
I think that I weekly close as a confirmation of the break should give Matic som fuel to move fast!
MATIC is Ready For an Explosive Bullish Move 🚀| MATIC Analysis💎 Paradisers, stay alert! MATIC/USDT is currently traversing a demand zone, and we are holding a positive outlook for a potential upward journey.
💎 In the past few days, its movement has been restricted to a specific range. It previously faced resistance at the bearish order block, close to the $0.52 level.
💎 Given its ongoing upward momentum, MATIC appears ready to challenge this level once more.
💎 Keep a close eye on the supply zone and the bearish order block discerned on longer time frames; these are probable targets in the short term for Polygon.
💎 However, if the MATIC falls below the demand zone and vital support, be ready for a potential downward shift.
💎 Stay vigilant and keep an ear out for more insights! 🌴
