MATIC/USDT Elliott Wave count 1H TFMatic has ended a running triangle and now formed a 12 12 impulse to the downside
Polygonmatic
Polygon: Promising 😊After completing wave 2 in green in the green zone between $0.44 and $0.42, Polygon has proceeded to battle its way upwards. If it can keep up this drive, it should soon make it above the resistance at $0.62, which would then augur well for further ascent.
Polygon MATIC short Entry Range, Take Profit and Stop LossMATIC/USDT short
Entry Range: $0.57 - 0.64
Take Profit 1: $0.51
Take Profit 2: $0.39
Take Profit 3: $0.26
Stop Loss: $0.74
MATIC strong support areaMatic is sitting at a strong support level from which i think it can bounce to the 1.71 resistance area.
Looking forward to read your opinion about it.
MATIC short term targetThere is an increase in MATIC`s volume recently and a lot of interest surrounding it.
Looks like a possible bounce from the support area.
I would expect a pump to $1.71 short term.
Looking forward to read your opinion about it.
MATIC must be bought at 1.35 in bags Long Term $9Matic Strong support around 1.35$
Long term Polygon (Matic) can achieve targets in excess of $9
I keep adding MATIC between 1.35 to 1.6 levels
Polygon MATIC Price Targets and Stop LossMATIC/USDT short
Entry Range: $1.56 - 1.59
Take Profit 1: $1.49
Take Profit 2: $1.36
Take Profit 3: $1.26
Stop Loss: $1.77
Polygon ready for 2nd bear leg to find supportFolks,
here is a view for Polygon.. We are hitting resistance in a trading range.. 80% of those attempts to breakout fail.
We have had a 2 legged bull run in the trading range..
We have had a bear breakout a pullback around 50% in my opinion we will go lower. At least after such a strong bear breakout most of the times we will see a 2nd leg down to find support around $1.5/$1.51.
Feel free to comment, share and follow for more to come..
MATIC BREAKOUT - POTENTIAL MOVE$MATIC has been down trending for several weeks, now price action looks bullish after this breakout indication a potential +30% move.
MATIC head and shoulders patternLooking at the head and shoulders bearish chart pattern that Polygon MATIC formed, and the market conditions, my price target is the $0.87 support.
Looking forward to read your opinion about it.
MATIC Polygon: 4H Chart ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Polygon ( MATICUSD ).
Polygon price has been on a downward trend with the price recently narrowing into the apex of a triangle. There are multiple Support and Resistance Lines shown. The price may make an attempt to get to the 0.236 and 0.382 Fibonacci Retracement areas with the Ichimoku Cloud possibly creating resistance. RSI, MACD and MFI look bearish. Price is below the 20, 50 and 200 SMA.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
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 Price Targets and Stop LossEntry Range: $1.45 - 1.55
Price Target 1: $1.72
Price Target 2: $1.93
Price Target 3: $2.15
Stop Loss: $1.33
Polygon (Matic) Road back to ATH Potential +80% Gain
Polygon (Matic) Road back to ATH Potential +80% Gain. Beautiful double bottom chart formation has formed for Matic on the Daily, from the current price level we expect the 13ema to cross up above the 50sma signalling strong bullish momentum
MATIC Polygon - 17 MIN CHART PATTERNS EXPLORATION. 3 way.At this point i am looking for turn around around and then i'll buy on the way up. But that will be with social metering as well as world and politics. Fear is setting, manipulation will be beneficial for big money. we want big money. sS i continue to pursue the Geometry of the answer. Correlation based trends. I like that MATIC seems to be a bit of a darling. But this is leading towards and open market and not a one ring rules them all situation. The next competitor to pull ahead will be... I don't know. Someone tell me.
MATIC 15 min detail FEB 13 & 14 - FED Reaction WatchLooking at the reaction areas of the FED anticipation VS announcement. This, on my chart and with how i translate my chart, looks like suppression, which means there is an energy building that could pop with the right statement and ripple effect of that story. Crypto is starting seperate in its sentiement form dollar and service token is starting to seperate from crypto. But Function is still in development. Money is still dollar and psychology will take the people back to the dollar until utility and security are accepted. The good news is that with this growing inflation the dollar will loose value and surviving value will shift to a different form. Chances pushed may lead to leaps forward.
Polygon MATIC - Open Chanel to April 2022 - 1 hr time chart I am enjoying thee play function on these charts from the time i post. here is a little more work on MATIC. I see this pattern that resembles a structured safety. Of course safety can fail but with this in place i feel confident of positive returns on Polygon MATIC investments.
Matic Polygon, it was am easy play day for market makers.This was fairly predictable. As the morning opened the news around the world, social media, and the main stream media were sure that there would be no rate increase and that the FED needs to be careful with crypto. The hope led to a predictable rise and an easy opportunity. The market sold off before he even spoke. Profits.
Polygon MATIC Watch. Next 3 hours ! FED TalkWatching this event at this time with all the hope and despair in the air will be fascinating. The geometry of the market should be affected. like any two entities reacting to one another. Let's hope they get along.
Polygon Future casting. The three paths.Matic is less rigid in its geometrical path through time. Its fluid. more curves. This seems like an advance in function. I will keep an eye out for it.
I See so much use of Polygon. It needs to pull away.I see so much use of polygon out there. I think this chart is showing a tidal force. Bitcoin has become the ocean for which life evolves. Then comes survival of the fittest.
Polygon Matic falls below the life line! is .62 the next stop?This was a special little spot. I see heavy manipulation which, in this case, gives me hope.
