Polygon (Matic) is trying to form a harmonic pattern known as "three drives pattern" . You can trade it by opening a long position first. Then set a %2 stop loss and short it. For target points, check the chart please.
If you haven`t sold MATIC when Robinhood delisted it: With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market. Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies. As traditional...
Polygon needs no introduction; a versatile platform which offers various solutions. Recent news about collaboration between Google Cloud and Polygon shows where this project is headed. Technical-wise, Polygon is moving in a upward inverted wedge. Have to wait and see if price can break the all time high (the double top level). Let's see what happens.
Using trend lines across important areas of MATICS chart development Using these we can plot a large bull move with two potential profit targets a more extreme one at $17 and a lesser one at $3. I believe we are on the cusp of seeing a large bull run so pick your targets.
💎 Paradisers, get ready for an exciting development with MATICUSDT as it edges closer to a pivotal resistance, hinting at potential upcoming actions. 💎 Observing POLYGON recent patterns, we've noticed a recurring price action. Currently, it's mirroring past behaviors, and if it honors the resistance at $0.9584, we might see a retreat to the support level of...
For my final long (sorry tradingview followers as I have only had the time to post a few of my trades here but you know where to find the rest), I chose Matic. Nice little cup and handle. Above VRVP POC and above all SMAs. Entry was .86. Final target is 1.03 with profit taking at .94 along the way. SL is .80 with a rrr of 3.5 to 1.
MATIC has been trading relatively bullish alongside Bitcoin's recent push upwards. However, MATIC seems to aim for a retest of the bottom support, which would be a great place for a high risk-reward entry. I'm anticipating BTC to push through 50k in the near future, which will naturally be great news for alts. MATIC could reach 1$ again in the not so distant future.
After reaching a 6-month high near $1, the price entered a correction phase represented by a descending trendline, with price compression below it. Now #Matic has seen an increase in open interest, signaling a new attempt to break the downtrend and start a new uptrend.
CRYPTOCAP:MATIC This Matic flag w/spring has played out many times before within this pair with the same volume profile after sweeping the highs and the lows. What we love to see is reclaiming support, with declining volume from the highs then coiling into an ABC flag after sweeping the most recent highs prior to the spring is spectacular... Number Go Up IMO
Based on the provided market data, the cryptocurrency MATIC is currently trading at $0.79 against USDT. The Relative Strength Index (RSI) for 4 hours, 1 day and 7 days are 56.35, 49.23, and 52.23 respectively. These figures indicate that the coin is neither in an overbought nor oversold condition, suggesting a balanced market sentiment. The Moving Average...
We have an important supply on the MATIC chart that may cause a drop or change the trend. We have the change of structure with bearish CH on the chart and we also have supplies that have been mitigated and have moved sell orders to lower ranges with lower H and L. In case of rejection from Supply, we have specified the targets and For risk management, please...
MATIC may still be overpriced and needs a bigger correction before the heavy buyers step in. In my attempt to gauge the size of that correction I have concluded that the price may drop to around 0.17 USD. Please note that this is weekly, logarithmic chart.
💎 MATIC has recently experienced significant developments in the market. Currently, MATIC has displayed strength by bouncing from the demand area, which previously acted as a supply zone. Moreover, it has successfully broken out of a descending channel pattern. 💎 If this breakout is valid, there is potential for MATIC to continue its upward trajectory and...
BINANCE:MATICUSDT Resistance at 0.8080, support at 0.7389. My target for wave analysis is 0.7983. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Analyzing the current market trends and technical indicators, my projection for #MATIC in the upcoming 2024 bull market is a price range between $0.90 and $1.10 USD. This valuation is based on several key factors, including historical data, recent market performance, and the overall growth trajectory of the cryptocurrency sector. #MATIC's fundamentals, coupled...
CRYPTOCAP:MATIC is displaying positive signs, and the chart includes marked levels for reference. NASDAQ:ALT LSE:JUP $TRIAS NYSE:SUI SEED_ALEXDRAYM_SHORTINTEREST1:CHNG #CryptoCommunity
Two symmetrical triangles the first leading to a large breakout of around 16000%. Will we see anything comparable in the future
In the 4h chart it rebounded after broke down the neckline of the H&S pattern But it broke down the triangle in the 4h and we can set the SL at (0.7379) to get better R/R TP1: 0.6170 TP2: 0.5755 TP3: 0.5311 TP4: 0.4867 TP5: 0.3428