long pol Given that after a strong trend, the price has been declining for about four years, we are slowly entering a new trend. I expect a price of $5 to end this cycle, which will bring the market cap to $50 billion.
Key stats
POL: The Return of The Matic#POL recently bounced in what could be a bullish reversal, possibly marking the end of a 3-year corrective major wave (4).
If the $0.151 low holds (stop-loss), a massive bull run shall start for #MATIC.
Passing $0.768 confirms the bullish idea of targeting the ATH.
#Polygon
Auto-Matic?I'm not sure how this is going to play out...I haven't really found where support is for this pair but I have a hunch that it is time for Matic to climb possibly to a new all time high. When? I'm not sure how the alt coins will maneuver this bull cycle but I am invested.
MATIC up ideaan idea suggesting a bull run for matic
matic has been in the bears control for quite awhile
Perhaps it will reverse strongly?
Breakout of channel possible
Weekly timeframe
Bounce or New lowsMATIC had a hard drop from .75 to .15 cents, ouch. Now it seems it may be consolidating again in a parallel channel but if it breaks below, it sadly will make new lows, we need price to break out above the channel .1938 and make higher highs and higher lows. Anything below .1519 is in the danger zon
MaticIm just seeing opportunities to go long on good value tokens.
None of this is financial advice, im just pointing out that if you are patient and know what you are looking for then the right times to trade are easy to spot.
my long strat has triggered
Elliot wave corrective ABC Triangle pattern Wave A is an impulsive wave that 5 subdivisions. Wave B is an abcde triangle and each wave has 3 subdivisios. a-b of the triangle is connected by wxy (also has 3 subdivisions each).
Look at smaller time frame to see (and confirm structure). Currently looking out for wave d of the triangle (wave 1
MATICUSD - Weekly MACD Turning GreenFinally the MACD is coming around to the bull side on this Weekly timeframe
This is an indicator that a bull rally is coming out of this deep bear market we have seen
Bullish!
MATIC/POL buyers beware; bearish signals in the mid-term (1W)The MATIC/POL pair has been dropping for over 1200 days from its peak price, but the structure suggests that a new bullish pattern may have started from the point where we placed the red arrow on the chart.
We’ve marked a supply zone on the chart that could reject the price downwards.
The minimum
Polygon: Your Altcoin ChoicePolygon has been bearish since early December 2024, same with most of the Altcoins market. This bearish period is coming to an end and I can say this based on two simple signals. A bullish divergence with the RSI and a falling wedge pattern.
The falling wedge pattern on its own can be doubtful beca
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