Polygon (MATIC) is a scaling solution for Ethereum, hence its price is significantly influenced by what is going on there. In the coming weeks, Ethereum 2.0 should be released there. This could result in enormous price increases for Ethereum and Polygon in the coming months. There are, nevertheless, a number of unsolved questions. Another scaling solution may...
Fundamentals: Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains...
MATICUSDT price has just broken the bearish trend and price is retesting, if bulls come back with a stronger attitude we could see a good upside rally, so buying some MATIC at this level will be a good strategy.
Suggesting a recovery at the top of this channel indicator This recover is post a Rising Wedge formation which is considered a bearish formation, and can be seen to play the part briefly here
matic will also follow BTC. Invalidation is at Cross. Not Financial Advice.
MATICUSDT price currently moving in a rectangular box and showing an accumulation sign. There is some indication that Matic printed its bottom as Harmonic Patterns suggested by completing parameters. Price could move in a range for a few more sessions and then possibly a big move can create by the bulls. So buy on dips and trade accordingly.
Looking at the head and shoulders bearish chart pattern that Polygon MATIC formed, and the market conditions, my price target is the $0.87 support. Looking forward to read your opinion about it.
#MATIC/USDT TA update:- $Matic still holding $1.40 support level. Guys Honestly if hold this support then we can see $3 next Target and $5 also in the coming days. A very important level is $1.10-$1.20 In simple IMO I will hold above $1 I am supper bullish above $1 And In near future we can see $MATIC price could be $10 Support:- $1-$1.20 Resistance:- $3/$5
If the purchase volume decreases, the price may fall to $ 0.75
Entry Range: $1.45 - 1.55 Price Target 1: $1.72 Price Target 2: $1.93 Price Target 3: $2.15 Stop Loss: $1.33
Polygon (MATIC) Buy Zone -------------------- BIAS Mid-Term : Bullish Long-Term : Bullish Risk : Medium Polygon rejected $1.6 zone on its short-term rates, currently reaching between entry zone and last targets. Strong support currenlty at $1.4 zone which must be held on the 4 hours timeframe to confirm such a move above our...
A large trading range can be identified on the MATIC chart. After the price collected liquidity above the $2 level, a correction to the $1.5 level occurred. The price has now approached a key level, which is the middle of the trading range. In case of a squeeze and breakdown of the key level, there could be a good buying opportunity. Write in the comments all...
MATIC NETWORK As you can see, Metic is in an upward channel and is trying to maintain this channel and move away from the bottom of the channel. If Bitcoin does not lose 40k, it is expected that Metic will move upwards and the targets will jump to $2.1 after breaking the $1.7 - $1.8 area. The information is also visible on the chart All supports and...
Rising wedge has led to a breakdown back to 0.786, which is a good place for a potential reversal I would like to see a sort of cup (like on a cup and handle) form following the rising wedge, this places it in a very bullish position I am hodling MATIC currently Reversal at 0.786 plz!
In the last idea, we said that a break of the trend line and the $1.76 level could be a good buying opportunity. After breaking the upper boundary of the range, the price went up almost 20% and tested the resistance zone. There was also a lot of volume at the top. This is a bad signal. As a result, we see a small pullback. It is dangerous to buy now after...
MATIC looking poised to make a move. Potential cup and handle forming on long term BTC chart. Confirmation and subsequent breakout of this pattern could lead to a significant break out above $3 on the $ chart. $ chart itself is forming somewhat of a C&H, maybe more of an ascending triangle. Watch for possible breakout.
A trend line can be identified on the MATIC chart. It is also worth noting that volumes appeared at the bottom during the fall. This is a good signal. In case of a squeeze and a breakout of the trend line, there could be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like...
#MATIC/USDT $MATIC is inside weekly parallel channel, and price is above lower line of this channel and near to break out from descending resistance line. 🐮 success to break out from descending resistance will head up price to resistance zone around $1.95 and it can have more increase to middle line of channel that is the same with resistance zone between $2.25...