Get started

Layer2

Polygon (MATIC) to $4.00Polygon (MATIC) is right on the doorstep to retesting its prior all time highs set back in May at $2.70. Technically and fundamentally MATIC has a strong narrative that will most likely push this cryptocurrency into another price discovery phase. Ethereum scaling, gaming, play to earn, NFTs, and the metaverse are all narratives of what MATIC is involved in. I believe positive momentum in Ethereum's price will slowly trickle down to MATIC. Once we break past $2.25 resistance area for MATIC I do believe we will grind up to the 1.618 Fibonacci extension of $3.97 setting a new all time high in the weeks or months to come. Local Support: $1.90 Major Support: $1.50 Current Resistance: $2.25 Much peace, love, health, and wealth.
MLong
by peacefuljustin
I think MATIC ...Hello Everyone #MATIC adjusted to the $ 1.4 range after failing to cross the $ 2 range, from which it has again reached its $ 2 resistance level. In the daily time frame, it seems that Metic is inside a triangle, and if he manages to break the triangle from the top, progressing to the range of 2.7 is not far off. But if it fails to break the triangle from above, limits 1.8 and 1.4 are important meticulous supports. . . If you have any questions, you can write it in comments below, and I will answer them And please don't forget to support this idea with your like and comment, thank you...
MLong
by MohammadWaezi
6
MATIC one of my favorites MATIC Network is one of the most useful coins in the space as a Layer 2 ETH solution that works well and offers its own plethora of tokens on the platform. Fundamentally, I like MATIC for years to come beyond the price and am excited to see where development leads. RSI showing exaggerated bullish divergence, but may be rejected at 60 resistance soon. MATIC would enter the bull control zone above $2.05 and bull critical zone above $3.62. RSI alert level of 90 would offer price targets of $7+, especially if and when Bitcoin BTC breaks above 70k towards 130k in the next 1-3 months. BBWP showing extended periods of limited volatility over Nov 2021, indicating major moves incoming (as already seen over the past few days, now 12/01/21). PMARP indicated accumulation ended around 11/22/21. TSI generated a sell signal from 10/27/21 to 11/07/21, rising above and falling below +25. TSI generated a buy signal after falling below the zero line on 11/17/21 after rising above the zero line from 11/25/21 to 11/29/21. TSI crossed the signal line twice from 11/24/21 to 11/28/21 indicating a long position may be prudent. CMO dipped below and rose above -50 on 11/17/21, indicating a potential buy signal. CMO crossed the zero line on 11/25/21, indicating a buy signal. CMO is currently +35 and once above +50 would indicate a potential sell signal. SMI crossed signal line on 11/28/21 and zero line on 11/30/21, indicating buy signal.
MLong
by apachig
2022 Is the Year of Syscoin according to Log SYS USD ChartsBackground FA: SYS launched NEVM (full smart contract compatibility), has backing of Canada-listed $BCFN corporation, Merge-Mining with Bitcoin , making it the most secure altcoin, Launched Layer1 Ecosystem, placing Syscoin as direct competition to $BNB ($100b Market Cap), $SOL ($100b Market Cap), $ADA ($100b Market Cap) and $ETH ($500b market Cap). Market Cap of $SYS is $350m at the time of writing. Coinbase integration is also in place. Syscoin has been trading for 8 years, making it one of the oldest cryptos still alive. Coins are fully distributed, no large holdings either by the team or any single investor. Same level of decentralization as Dogecoin had, when we first covered it in Autumn 2020. Background TA: SYSBTC Pair broke out of a Massive Multi-Year Long-Term Downtrend with highest ever volumes. However, this time it's SYS USD that is very interesting and it's only visible in a Log Scale Chart. It's currently in the early stages of Parabolic Growth. One of the very few coins on the crypto market with a multi-year chart available permitting making long-term analysis. The only other coins with Established Parabolic Waves are Bitcoin $BTC, Ethereum $ETH and Dogecoin $DOGE. We covered $DOGE extensively when we discovered Parabolic cyclicality in the Dollar pair. Same short-term parabolic trend was visible in $SHIB in late 2020. Syscoin is the last major coin of the crypto markets whose next parabolic move up is only in the commencement stage. From 8 cents to 80 dollars it would make it 1000x, placing it alongside other similar coins that performed this stunt over multiple years, such as $ETH and $DOGE and a short-term example of $SHIB. Goldsworth. Org Technical Analysis ideas brought you $DOGE at 14 Sats , $LUNA at 10 cents, $SOL at 3 dollars.
SLong
by Goldsworth
1
Polygon (MATIC) Growth Incoming Looking Nice!Polygon Matic has been showing signs of gaining positive momentum. We're loosing negative momentum on our MACD histogram and still have yet to bullishy diverge. On the Stochastic RSI we're formed a nice trough starting to creep out of the oversold territory. Layer 2 Ethereum scaling cryptocurrencies will be rising with the growth of Ethereum. I believe move up to the 0.786 Fibonacci level at $2.25 is looking like a good short term possibility. We have a nice sturdy uptrend since July. I do believe we will be getting a re-test of $2.70 cents for Polygon in the weeks to come with the overall growth of the market. Keep a close eye on Polygon Matic as it has good fundamentals pushing it forward this cycle and still has room to grow. Much peace, love, health, and wealth!
MLong
by peacefuljustin
2
Celer Bottomed- i will try to explain why Celer Network is currently near his bottom area. - More we go far in the Time more the probality to go lower price increase, Prices have to follow the long term trend. - So Celer ATH was 0.1$ and right now his price is 0.025$, if TheKing make another, Dip it would mean for Celer to go 0.002$. - Everything can happen in Cryptos and those projects are still very youngs, that said, No Risks No Life, that's why you are parts of this game. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- i will give u my strategy for Celer Network : - Demand Zone is 0.2$ as Celer bounced 2 times in the past and made like 1 month accumulation range in that price area before the first run. - Buy 25% of what you want to invest around 0.02$ ish - if Celer Break Down again don't touch it unless it reach 0.002$ ish, then invest your remaining 75% - TP should be before 0.04$ for security and wait to see if Celer breaks the Downtrend. -if your strategy is good, you don't even need to set a SL. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Happy Tr4Ding!
Long
by thecryer
2
Skale, SKLUSDT breakout incoming ?Hi all, SKALE looks interesting given the rise of Layer 2 solutions and the Elastic sidechain solution SKALE is offering I think it has an upward potential. Let's look at the technicals we are currently at a break point. You can clearly see that on the daily chart, both the diagonal and horizontal resistance levels meet in the $0.75 zone. I would say that a daily close above that level will open the door for a run towards the ATH daily candle close at $1.1, which is situated at 56 percent from the current price position. Next target will be at the Fibonacci extension, which more or less is in synch with the triangle breakout target - $1.85 - at 158 percent from here. Such a strong move will push the market cap of Skale above $1 billion (at $1.16 to be precise) and it will allow it to enter the Top 100, which is absolutely achievable. Regards
Long
by FutureBlockchain
Polygon (Matic) Target Hit, New ATH $0.90. Next Stop $1Polygon (Matic) Update: Target Hit @127.20% Fibonacci level, New ATH @ $0.90 140% Gained from this parabolic move! Next Stop $1, . Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :) Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain) Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :) Update 20/03/2021 Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :) Update 20/03/2021 Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd *Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas. Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins. What is Polygon? Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks. It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution. Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains. Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality. Key Notes: The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon. Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
MLong
by CryptocurrencyMagnet