A couple of days ago, the Polygon chain accomplished its much-awaited migration, wherein POL replaced MATIC as the native gas and staking token. While the newly launched POL is expected to play a crucial role in AggLayer, the community could decide to expand the utility of POL in subsequent phases. While the MATIC on the Polygon zkEVM will be automatically swapped...
The MATIC market opened this year with a green candlestick. On the first day of the year, it closed at $1.0171. Later, for a short period, the market weakened. But in late January, the buyers of the market took control of the market. They took the price as high as $1.2711 in mid-March. Post that, the market situation overturned in favour of the sellers of the...
Polygon (MATIC) has been among the top five outliers on the daily and weekly price charts. Since last Friday, MATIC has risen by nearly 20%, while the rest of the market has remained sideways. That’s not all though as in what is now a new update, Polygon will change its native token from ‘MATIC’ to ‘POL’ on 4 September. The exchange ratio will be 1:1 for MATIC...
On the H4 chart the trend started on Aug. 05 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.4564 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
#polygon #matic price has been declined from the trend line zone and may have bearish retest to confirm the further correction phase. Small bounces are always necessary. Not financial advice.
MATIC ~ Updated #MATIC Continue accumulating in this pattern. The accumulation range is narrowing. It's only a matter of time that this pattern is successfully broken. Target is at least 20%+ for the short term
Polygon 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. the Matic price has recorded more than 10% gains in the last seven days despite the broader crypto market’s sluggish conditions plus...
The large triangle is forming similar to the one prior to the 2021 breakout I expect MATICUSD to melt faces post this triangle breakout I have posted a chart like this before but it becomes more relevant everyday BULLISH
Reason. 1. Monthly Flag Pattern & peanut pattern very easily identify 2. From 2021 Breakout so it's been a 3 years 3. ALT Season is bullish 4. W is making like HL & LH You can enter now or you can wait till above close 1.32 & Above close candle for Entry SL : if you enter at 1.32 is 1 Target i will update expected move 6000% Up. as pr past graph it could be 95$...
During the recent correction of the crypto market, the price of #MATICUSDT fell quite a bit, as for an altcoin from the top 20 However, the aggressive buyback of CRYPTOCAP:MATIC started from the critical zone, and this is good. Perhaps it was around $0.60 that big money was ready to buy. Whether this is true or not, we will soon find out, because if the price...
MATIC ~ 1W #MATIC Continuing to maintain this pattern so far. Make purchases gradually within this pattern, with a target of at least 20%+
The chart highlights breakout/rejection points, criteria, and targets to execute on the trade opportunity.
#MATIC #POLYGON 's long term bearish channel continues.Tried a fake out 1 month ago but the price 1.30 #usdt declined at top of the channel.With this weakening, retraces to mid of the channel is necessary, this means at least 1/2 of the price.If news emerge and break 1 #usd again, that is the invalidation of this scenario. Not financial advice.
📉Hi Traders, Investors and Speculators of Charts📈 MATIC has been very profitable to us so far; watch my previous update HERE: If you've been following, you'll know I'm fundamentally bullish on MATIC. And it gets better than fundamentals - you could possible see a low entry point soon! Polygon is unique in that it's a blockchain platform designed to work with...
The MATICUSDT price now is in the liquidity zone, where it will be decided whether it is a winner or a loser. In order to grow further, it is necessary to shake out "extra passengers" from long positions. In other words, a breakout of the Matic price below $0.73 should activate stop orders. In such a trading situation, keeping a pending limit order in the...
Polygon MATIC declined sharply to $1.01, the key daily support. A bullish reversal from $1.01 is likely and will result in a bullish move to re-test $1.07 and the key daily resistance zone of $1.14-$1.20. A bearish break-out of $1.01 will push #MATIC price in the daily range zone and will increase probability of a deeper correction towards the next...
Here's a quick in and out for the day. So Matic just completed a correction, and continuation to the upside is expected from here based on the count and entry is at 1.1881 TP is not set yet as we might continue mooning till ATH's. NFA as always, awesome trading..
Polygon (Matic) is trying to form a harmonic pattern known as "three drives pattern" . You can trade it by opening a long position first. Then set a %2 stop loss and short it. For target points, check the chart please.