MATICMATIC created a potential bearish flag pattern from the June low.
It was easy to guess the top of the flag and the start of the descent.
At this moment, the lower trend line of the flag is broken.
It's hard for me to predict what the way down will look like, maybe it will test the trend line from be
Key stats
MATIC / USD [Polygon] EWP TC FIB ANALYSIS WEEKLY TFElliott Wave Analysis for MATIC/USD (Polygon) 1W Time Frame Chart
The chart presents a detailed Elliott Wave analysis with corrective patterns, Fibonacci levels, and a long-term price projection.
MATIC is currently in a final corrective phase (Wave C of an ABC correction) within a descending chann
Polygon matic multi year breakoutPolygon matic on huge multi year breakout and it's trading within bullish penant pattern.
Breaking out of bullish penant with 0.5$ above could confirm that move.
Ideal Target will be 1.618 fib level of price level 4.5-4.75$, if 0.19 confirms as bottom..
Is MATIC Nearing a Bottom or More Downside Ahead ?
Lower Highs & Lower Lows: The price consistently prints lower highs and lower lows, confirming a bearish structure.
The price is moving along the lower band, indicating persistent bearish pressure.
The middle band (moving average) is acting as a resistance level.
Support: Around $0.20 - $0.21 (
Downward ChannelOptimal Trading Strategies Based on Key Levels
✅ Bullish Scenario: If Price Holds Above $0.30
Entry: Above $0.31 (Confirmed breakout).
Stop-Loss: Below $0.27 (Invalidation).
Target 1: $0.40 (Key resistance).
Target 2: $0.51 (ChoCh & major trend reversal point).
Risk-to-Reward (R/R): 3:1 or better.
✅
(MATIC) POLYGON "past ticker"Polygon was originally listed to Coinbase on 3/11/2021. Now what was MATIC goes by POL. POL was listed during September of 2024. For whatever reason it seems like Polygon (POL) has not seen as much attention as with when Polygon was (MATIC). Also, Solana (SOL) has been the main avenue of attention f
Trade is closedTrade is closed I had my support line
And it got broke
Now it's below 0.2435$
That's where my stop loss
Trade is closed
The bullish signal was fake from the chart
WTF with project
Alert: Polygon have a bullish signalOn polygon chart, the price touch four times does heavy support resistance.
It is obviously that polygon ready to go up
The tips going to be
1/ Tip one 0.30$
2/ Tip two 0.41$
3/ Tip three 0.52$
It is on the bottom, just try to find the best entry price
Please avoid use leverage or otherwise you
POL: Key Support Holding or Deeper Correction Ahead?POL: From a price perspective, the pullback into support between $0.186 and $0.357 aligns well with the idea of a fourth wave within a larger upside impulse. However, the prolonged nature of this retracement reduces confidence in that outlook. Given the complexity of the correction and the broader p
Great buying opportunityHello traders MATIC is providing a great buy swing opportunity here. Yes we are putting in lower lows and this could even fall to 0.06C as this is the next support on the weekly chart. Demand zone marked in green box. Stochastic RSI beaten down but could stay down further as price falls. I will be t
See all ideas
Curated watchlists where MATICBULLUSD is featured.
ETH-based crypto: Find your utility
38 No. of Symbols
Gen 3 crypto: A new day dawns…
25 No. of Symbols
Proof of Stake: Seeking validation?
26 No. of Symbols
Smart contracts: Make the smart decision
36 No. of Symbols
Staking Coins: Pick up a stake
18 No. of Symbols
Top altcoins: Choose your alternatives carefully
28 No. of Symbols
See all sparks