Hey guys, this is Julie ^^ Let's talk about MATIC today: In my last analysis, I told you that it was a good place to buy MATIC, and now, it looks like it is finally confirming. The green line resistance level has been lost, it looks like it will close above it today. For me, this is the last confirmation I needed to buy MATIC. It's near the 21 EMA, near the...
Matic has been trading and moving in a channel, if it gives enough respect to the upper trendline here and make a HH here, then we can avail the opportunity to short here from the top. Best of luck ;)
this scenario depend on btc movement and it will be void if btc become bullish. target 1: $1.7 target 2: $1.4 Target 3 : $1.2 target 4: $0.7
Last Polygon triangle breakout trade ended with profit... 👇 Now I have a new setup for you! MATIC ♾️ seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.95 and even higher. ENTRY : local high @ 2.161 SL : local low @ 2.056 TARGET : height of the triangle projected from midpoint of the local range (BUY...
In isolation, Polygon’s prospects look constructive. However, my concerns are regarding the market as a whole. Bitcoin’s price action is sluggish and is likely to remain that way for the foreseeable future. Furthermore, due to the FOMC’s hawkish taper timeline, broader macro conditions are breaking down. Subsequently, the tailwind for crypto prices is dropping...
We have little data available, despite this the weekly chart offers us a rising wedge with a negative breakout around January / February . Major support around 0.61 Fibonacci from the first run at $ 1.13 Moment around which according to my latest analysis on BTC it too should touch its major support before continuing with a large positive rebound .
Proceed with caution. MATIC seems to have closed below the lower support trendline on the hourly scale. Watch out for a re-test of this support, but we could be on our way to $1.75 - $1.85.
Strong healthy uptrend from the start, no parabolic movement since May 14. MATIC is finding support around $2.00, we may not have many more opportunities for an entry price below that level of support before the next upward movement. The chart indicates that short-term downward movement may be likely to continue, providing investors a more ideal entry point...
It's been weeks since my last Polygon trade 👇 Now price seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.275 and even higher. MATIC , come on!♾️ ENTRY : local high @ 1.867 SL : local low @ 1.743 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.275 ...
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Granted, the chart looks bare bone but let's get straight to the point. These huge long wicks to the upside signal massive selling in those areas. Perhaps MATIC needs to come down before it starts trending up again. Compare to May 10 and May 24 and the result was -60$ from it's closing price on the bi-weekly candle on May 24 / June 7. Let's not get TOO excited...
Matic at this current price is so underrated! Huge potential and so much utility. A parabolic move is expected, accumulate more MATIC and HODL for +130% gains. Do your own research.
Hey guys, this is Julie =D Let's talk about MATIC today: Have you seen this big divergence in the OBV? It is even higher when MATIC was at its highest price! To me, this is the best sign that MATIC IS GOING TO FLY! We also have this amazing bullish candle today, closing above what seems to be a resistance level (orange line). Now it has just reached another...
MATIC is resting on an inclined trendline for the past few months and it is seen to get weaker and weaker. Everyone Hyping a lot on #Matic. But i'm Planning to short it once it loses the bottom trendline. Now just waiting patiently for the things to happen.
There are 2 scenarios If Bitcoin continues to fall, Matic is likely to miss this short uptrend and could drop as low as $1.7 But Polygon has enough power to keep climbing and even touching ATH at $2.7 (even with a slow BTC drop) However if the yellow trend line breaks, You can sell a small amount of your Matic for around $2.02 and wait for lower prices to...
MATIC is overall bullish trading inside our blue channel and now approaching the lower blue trendline acting as non-horizontal support, we will be looking for Trend-Following Buy setups. Moreover, the area 1.6-1.7 is a "Resistance turned into Support". So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the...
matic might be preparing for a cup and handle play, lets see what plays out!
The coin did not react much to the fall of bitcoin, lives its own life and continues to recover to the global top. We have a level of 2.178, the price did not go down after a false breakout, it returns to retest. If: if today we close near 2.178 and go to retest, there will most likely be a breakdown. I'm waiting for the breakdown of 2.178 and growth to the...