Whilst MATIC is currently in a downswing, it is still well within an ascending parallel channel (blue). The various EMAs confirm the bullish setup. Right now, MATIC is hitting a support zone (green horizontal rectangle). It might well hold. If it doesn't, MATIC will likely fall to the bottom border of the ascending parallel channel at around $1.65. If that holds...
Will this pattern play out? Sell Setup on Quasimodo
MATIC is getting ready for a major up-move I have highlighted the levels in RED which are good DCA levels for Long Term. Nearterm we should see matic moving towards $2.99 Matic is a HODL for Long term. *I do not post charts for day traders / speculators
there is the potential of bearish divergences not financial advice !
MATIC Following a correction we have a main support resistance line that will impact the price and decision of the trend, some how it looks it can go and find a bottom around $2 this all depends on how low BTC can go on this weekend correction. Get ready to add more matic later this day.
MATIC Inverse head and shoulders breakout with decent volume USD pair above S/R as well and nice R/R ###NOT FINANCIAL ADVICE
I am bearish on MATIC. Clear double top bearish pattern on MATICUSD on both 4H and 1D timeframe. In case of a breach of the 1.45 resistance level, it might head further down onto 1.0, the lower low of the pattern, which also intersects with Fibonacci 0.236 level.
in the previous analysis when I introducded MATIC the price was about 1.6$ and at the moment it is 2$ which means that it experienced around 35% growth. however,I analyzed it for mid-term. check the link below to see the previous analysis.
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...
Using the 1D chart timeframe, Matic has made a recent 14% bump. Both the MacD and RSI are in really good positions for positive movement. In addition, Matic has been following a parallel channel since late September. Using this analysis one can foresee Matic climbing to the top of the channel to around the 2.50 area. Using the Fib Retracement scale on the last...
matic is ready to push the bitcoin market to new heights. This shitcoin will allow uniswap to climb out of the abyss it is in and to evolve into the ponzi it should have been a long time ago.
MATIC 1D support is at ~$1.6 Enter 50% here and try to set some buy orders near the support zone If MATIC holds above the trendline, the Take-Profit target would be $2.2, $2.5, and $2.8 Cheers
Personally I'm a Polygon fan and like all that they have done Matic will have a great future and is one of the best Altcoins for the long-term holding. So buying its dips can have big results TP 1 and ATH are specified for selling some of your tokens (optional) Other points are specified in the chart. Dear Friends If you are interested, It would be nice to show...
My Argument : 1D Time Frame: 1.The Chart in correction phase, try to finish the correction 4 2. Hit the Support 4H Time Frame: Wave B has finish now, and make the correction C in the zig-zag correction
MATIC ( polygon ) analyses time frame daily price is in the bullish channel we can see double hit on bottom of channel , then raise to last ATH , pulback and make new ATH now we can see double hit again, so my first target is ATH and then 3.2$ for next target
In addition to the giant triangle pattern formed on the weekly chart, MATIC has also formed a nice upward channel since mid-July. If this breakout plays out, the next MAJOR target would be $4+ in the next month or two. It can go higher, but for now, let's focus on reaching the 1.618 fib level. This is not financial advice. These are just my ideas and opinions.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.539). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MATICUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
This is what we may see for matic (polygon) in the near future as it is acting exactly like ethereum in 2017. so after breaking this triangle pattern we may see a rise to 3.5-4$ for matic.