The MATICUSDT price has broken through the purple trend line and is also consolidating above the liquidity zone of $0.68-0.8 Also, the MATICUSD price does not react at all to fluctuations in the BTCUSDT price.
It seems that now the accumulation of forces of MATIC buyers is going on before further upward movement. It seems obvious that a rapid upward movement can start both from the upper limit of the liquidity zone $0.80 and from the lower limit of $0.68. However, the next target from above is $1.55-1.57 from both starting points _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
I like the chart you have posted today. It looks very good. Thanks for sharing your analysis with us.
Vibranium_Capital
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nic one
HodlHedge
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This is good analysis. I am long term bullish on Polygon based on its fundamentals alone. It’s rapid growth, wallet adoption and usage is something to consider. Disney chose Polygon for their accelerator program, and now Starbucks has chosen Polygon for their NFT loyalty program. Polygon is going mainstream with some big names backing it. I think your estimates make perfect sense, considering it’s ATH was $2.92 and how much it has advanced since then. Many thanks.
TheNewsCrypto
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Many thanks for sharing your perspective on the analysis of this asset . There are some doubts about the levels the price can reach , but in general I agree with you .
Babenski
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Nice pattern
FOREXN1
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Looking for a long setup :))) agree!
Solldy
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Great idea, first time I've seen it, but I've seen some points in similar ideas. Making your charts reminds me of something. I wonder if you take cluster analysis into account when writing your idea.