MATIC-USD: The Elliott Wave Cycle of Polygon.Much speculation has circulated in the crypto press recently about Polygon’s prospects for a one-dollar valuation of its token MATIC. Can it perhaps even reclaim its all-time high of $3.00?
While the first question has been answered by the market already—the renewed bullishness of
Bitcoin and cryptocurrencies in general, has sparked a new rally—the second answer lies in an in-depth analysis of its market structure.
MATICUSD trade ideas
MaticUSD Elliott wave countMatic may have been completed the 4h wave a Triangle pattern.
We need the price to stay above 0.4926 and clear 0.9499 to turn the price up for the wave 5
Matic will be shooting up like Steph CurryWith the fall that just occurred, Groupings A and B of cryptos are going to want to rebound and rise. They’ve already made the reversal. But even long term. They purchased CDA to assist with the purpose they exist and if that isn’t enough to convince. They’ll be changing their name from matic/polygon to just Pol. 5am-7:45amEST WILL be the last chance fire for quick swing trade come up. If anyone knows w way to re use kucoin. It’d be greatful. Or how to beat its kyc system. Please DM me if it works
POLMATIC Polygon whatever, all I know is I’m reading a lot more projects comings out on polygon on moving to polygon. Just seen a post about POL just being ranked as a top 4 “pulse security most high-rankings” very active on Twitter, social media. This is another one I will be watching again. Just need it to hold up .8327 in the next couple of days.
MATIC LONGMatic Dragon
We are below a zone of inflection so it is possible that we drop lower, the best case scenario would be to pump above the zone and backtest it as support. If we lose the current low we could head far lower, so it looks like a great opportunity.
POL / MATIC to $9+?Looks like a great entry get into Polygon before they release the Agglayer.
Polygon Agglayer can connect any chains, enabling unified liquidity and seamless transactions through zero-knowledge proofs.
So bullish on the Polygon team and the on-chain statistics with so many active users and so many new chains adding Polygon CDK.
There is great possibility of Polygon reaching to $9 per coin. Which will a valuation of around $90 Billion. Last bull run top layer ones somewhere around that. And now at this bull run we have more Tec and more active users. Seems like an real adoption cycle.
MATIC Altcoin - UptrendTrading this uptrend in MATIC. Polygon is the best blockchain in Web3 gaming and supports many other DAPPS. Disclosure... our project CroozeNFT. io web3 game is built on the Polygon Blockchain.
Polygon: The Last Steps 👣Over the last seven days, MATIC has plunged into our green Target Zone (between $0.921 and $0.790). We, therefore, locate the price on the last stretch of the green wave 2. Traders could use the price range of our Zone to establish long positions. Any stops for hedging purposes could be placed around 1% below the lower edge. Once the low has been established, we expect to see a price increase to well above the $1.15 mark.
MATIC - HOT ALT🔥, but Bearish SHORT TERM📉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 another blockchain platform. It improves Ethereum's scalability - which we all know if the biggest problem of ETH. ETH dApps can use Polygon's sidechains, thereby making it a functional and fundamentally great choice as an altcoin asset.
One of the exciting things about Polygon is the partnerships it has established. Many big brands are working with Polygon to launch their NFT projects. Current partners include:
✅ Walt Disney
✅ Starbucks
✅ Meta Platforms
✅ Nike
✅ Mercedes
✅ Google
✅ Adidas
✅ Adobe
✅ Mastercard
✅ Reddit
While it might not pump as hard as other altcoins, it's also far less likely to fail than smaller , newer cryptos with similar aims - and it still has plenty of room to grow. Its partnerships make it an interesting buy for those who are interested in a well diversified portfolio, containing assets with real-world use case and strong fundamentals.
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BINANCE:MATICUSDT
Liking MATIC, market turning after a brief reversal?I am expecting to see the most recent bearishness in the market see a turn around. I use BTC as the guide. I like the support shown throughout the low 60s over the last night. The volume of for MATIC in the .95-1.00 range make is giving me evidence that if the 21 EMA starts to turn around that continued bullishness would support a 1.30-1.50 range for the next week.
MATICUSD DailyHi every body!
I see a good oppurtunity in holding MATIC, I think 2025 will be MATIC's year ... Please check carefully!
Best Regards!
MaticUsd Elliottwave countAfter completed a triangle pattern wave 4, above 0.6909 we are looking to the upside to complete a 5 waves structure, wave 5.
Possible target 4.80 USD.
On this count we used log scale!
Buy PolygonPolygon is looking like a real winner! If the daily price candle breaks out past the previous day's high, it could soar all the way up to $2.93! And the best part? It's currently at a support zone, which means it's a great opportunity to buy in. With the recent surge in Ethereum, Polygon is bound to follow suit and make some serious gains in the next month or so. This is definitely a time to be excited about the market!
Remember, never chase coins; let the market come to you!
MATICUSDT bearish trendMATICUSDT is in bearish trend and its showing LL and LH.
Piercing top can be seen.
MATICUSDThis is a trade I took. Entry at the green orderblock. I expect it to ~$1.5. I think it'll go higher longer during the crypto cycle, but that's where I'm looking for a possible pause to the bullishness. Trend is strong though.
#Matic Elliot's ScenarioIn the daily and weekly time, it is moving in an upward channel for a while, and the current wave is the 5th wave of the 3rd wave. This larger cycle should not enter the range of 60 cents, in which case there will be an overlap and the analysis will be invalidated. But in the bigger time, which I will present after completing the current step, we will examine the possibility of a bigger super cycle that will also form a flag.
longs for matic (entry ideas)In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole
$MATIC INVERTED HAMMER GREEN CANDLESTICKCRYPTOCAP:MATIC is printing an inverted hammer green candlestick on the 1 hour chart.
The Green Inverted Hammer is also known as a Bullish Inverted Hammer, it is a candlestick pattern that suggests a change in the current market trend. The Green Inverted Hammer is the opposite of the Red Inverted Hammer. The Green Inverted Hammer implies a bullish reversal signal, whereas the Red Inverted Hammer is seen as a bearish continuation pattern.
MATIC bullish continuationHere'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..
$MATIC is big ship, moves deliberately. Possible 13%-100% RunBig market cap, big ships, don't always move the fastest but if you look at the DAILY chart it's not a bad prospect for a steady UP trend for the next 4 months. CRYPTOCAP:MATIC has broken above the channel but it needs a few more days of consolidation it seems and then hopefully more UP.
Long MaticMatic looks to be breaking this larger and longer-term Cup and Handle neckline. Additionally, all of my proprietary blend of signals are flashing green rn. And finally, we have the bulk of our trading volume on the underside. Final target will be $1.75 with profit taking along the way. SL can be somewhere just below that descending blue TL, adjusting into time. RRR is 3/1 on this one.
Leveraging Bearish Divergences to Ride Polygon Matic's MomentumPolygon Matic is one of the hottest altcoins right now, no doubt! We're feeling pretty optimistic too, eyeing a (tentative) target price of around $1.70. However, we're not jumping on the bandwagon blindly. We've spotted some bearish divergences on the OBV, but that's cool because it's giving us a smart move to make! We're gonna play it smart, wait for a dip, then hop in with a Buy-Limit-Order just above $1.10 to catch that upward trend. So we're turning that bearish signal into an opportunity to boost our risk-reward ratio.
Riding the Fibonacci Wave: A Strategic Approach to Price PolygonTitle: Riding the Fibonacci Wave: A Strategic Approach to Price Targets
Introduction:
In the dynamic world of financial markets, traders are constantly seeking reliable tools to forecast price movements and identify potential reversal points. Fibonacci retracement levels have emerged as a popular and versatile technical analysis tool, providing traders with a systematic approach to understanding market trends. When applied judiciously, Fibonacci retracements can offer valuable insights into potential price targets, enabling traders to navigate the markets with increased precision.
The Ascent: Riding the Fibs Upward:
As an asset experiences an upward trend, savvy traders often turn to Fibonacci retracement levels to gauge potential resistance and project future price targets. By applying the Fibonacci retracement tool from the swing low to the swing high, traders can identify key levels where the asset may encounter resistance during its ascent. The retracement levels, such as 38.2%, 50%, and 61.8%, act as potential support zones, offering strategic entry points for those looking to ride the upward momentum. As the asset climbs, traders closely monitor these Fibonacci levels, adjusting their positions and leveraging the insights provided by the Fibonacci retracements to optimize their risk-reward ratios.
The Descent: Navigating the Retreat:
However, markets are inherently volatile, and trends rarely move in a straight line. Understanding the potential retracement levels during a pullback is equally crucial for traders seeking to maximize profits and minimize risks. As the asset retraces from its peak, traders can utilize Fibonacci retracement levels from the recent swing low to the swing high to identify potential support zones. These levels, including 38.2%, 50%, and 61.8%, serve as crucial areas where the asset may find support before resuming its upward trajectory. Traders employ a disciplined approach, combining Fibonacci retracements with other technical indicators, to validate potential reversal points and make informed decisions as the market retreats.
Hitting Targets: Precision in Profit-Taking:
Successfully navigating both the upward and downward movements using Fibonacci retracements allows traders to set precise profit targets. By strategically placing take-profit orders near key Fibonacci levels, traders aim to capitalize on market movements with a calculated approach. This method provides a structured framework for profit-taking, allowing traders to secure gains as the asset hits predefined Fibonacci targets. In this way, the combination of riding the Fibonacci wave upward, navigating the retracement, and hitting profit targets offers traders a comprehensive strategy to enhance their trading success in the dynamic world of financial markets.
