oh boy seems like I just love double bottoms. Matic formed a nice one, retested the support, and is currently taking on resistance. This resistance coincides with a previous resistance when it was at an ATH some time back.
Hello everyone, Stoch RSI is still signalling an imminent pullback for matic which is going to be around 10%. I would invite you guys do not buy yet and wait for the pullback and for support confirmation. Have a nice trading week.
COINBASE:MATICUSD price has reached the previous high. I would like to see it break above this level, $2.80 is what I'm looking for. Follow for more chart analysis.
Taking a look at MNATIC. It has traded up to a big weekly resistance level. I would be interested in a counter trend trade back down to around the 50-61.8 fibo where there could be a buy opportunity. given the momentum and thin leg evident on the chart I wouldn't be chasing price. Im inclined to see if we get a retrace and buy opportunity off support.. Not...
Matic is retesting its previous All time High. Once it breaks it, it is going to go to $15 this Bullrun. Hold on to this ride, this is going to blast soon.
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 broke through the resistance level. Bullish movement is expected to continue up to resistance at 2,57 is expected to happen.
Polygon´s 5 tasks on the daily chart... 1. hold the green price trendline channel 2. hold the green support on OBV 3. break the red horizontal price resistance 4. break the red trendline channel on RSI 5. confirm breakout(s) and have fun 😎 What do you think? Drop me a nice comment if you'd like me to analyze any other cryptocurrency or do another...
this chart has been playing out perfectly, right now on the 4hr chart we can see ahead and shoulder pattern forming, the right should just need to start printing!v We hit resistance perfectly as planned, and found nice support.
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...
What a pattern, i like it. A rounding bottom in a super high timeframe. Also uniswap talking abouth using it parallel to erc. Just awesome.
Strong healthy uptrend from the start, no parabolic movement since May 14. MATIC is finding support around $2.00, we may not have many more opportunities for an entry price below that level of support before the next upward movement. The chart indicates that short-term downward movement may be likely to continue, providing investors a more ideal entry point...
Hello everyone, I know everyone is trying to be bullish on Matic, but on the 4 hours time frame we can find the current pattern Matic is sitting on. The Stoch RSI is showing overbought signals pushing the price to drop by 14% during next week and 30% by the end of the year. Make sure to follow my profile for more information related to the cryptocurrency...
It's been weeks since my last Polygon trade 👇 Now price seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 2.275 and even higher. MATIC , come on!♾️ ENTRY : local high @ 1.867 SL : local low @ 1.743 TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 2.275 ...
MATICUSDT Polygon Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Granted, the chart looks bare bone but let's get straight to the point. These huge long wicks to the upside signal massive selling in those areas. Perhaps MATIC needs to come down before it starts trending up again. Compare to May 10 and May 24 and the result was -60$ from it's closing price on the bi-weekly candle on May 24 / June 7. Let's not get TOO excited...
Here we see the 12H candle. We have broken trendline as well as printing the first confirmed trend candle. For traders: buy now with a S/L at 1.8
We've seen a nice 12% comeback today & yesterday. Technical indicators point to a reversal and currently matic is at a resistance level that when crossed should bring it back to levels we saw last week @ 2.15-2.25 then back to test ATH. PT $3 by Christmas + $7 by next year.