$Polygon $Matic is fighting with resistance!
When resistance flipped for support ALL-TIME high in the making.
The Ascending movement looks good, if red lines broke idea failed. Good luck and dont forget to take profits.
Thanks for your time. DYOR.
Polygon (Matic) Update 23/10/21: Polygon (Matic) is currently 86% from the ATH @ $2.87 and 174% to the $4.22 target. From the current price we are currently 555% away from Polygon (Matic) at $10, we can expect to surpass this peak bull cycle it's going to be an explosion 🚀
Our current price Targets for Polygon from the current price:
127.20% Fibs at $3.47 (127%...
When breaking the triangle up, there is a great possibility of hitting $4.87.
Looking at the Center of Gravity Oscillator (CGO), it could be a good time to buy, indicating upward bottoms.
An inside bar is also breaking, with a good risk-return.
I believe that POLYGON will continue to consolidate within this corridor until breaking testing and ultimately breaking the upper resistance band. This is not financial advice, but I believe this is a good opportunity for MATIC to print a MASSIVE bullflag and markup.
Since the previous upward rally of MATIC which started from 2 November, 2020 pushing the price from 0.012$ to 2.7$, MATIC has gone into a consolidation phase forming a Symmetrical Triangle for the past 25 weeks as shown in the picture below:
The 5 Triangle Waves (ABCDE) forming on the chart invalidated the previous Inverse...
Hello friends, matic is located at the top of the box and has an upward trend and is involved in resistance. If the resistance break, growth can be expected and buyers have more power than sellers.And if the resistance does not break, we can expect a fall to the trend line
Thanks to Trading View
As many have noticed Matic has gone through a several month long cooling off period after reaching ATH (all-time highs) at 2.70 earlier in the year. After much consolidation and investor accumulation, it looks like it's time for a mark up and we're already seeing the initial moves begin. I'm not a fibonacci guy so I have no targets, but just wanted to let everyone...
Hey guys. Hope you feel good.
This is a trend line I believe if broken, Matic starts a move to Fibonacci levels. In addition to that, I expect a move to resistant line of channel and a decline to midline.
what do you think?
Bullbuilder's like good foundations to form growth so it's always good to look at what's worked in the past!
As a Semi-novice I implore all newbies to look at Waves and Fractal analysis for avenues of development and growth. It has benefited my growth enormously.
Feedback always appreciated
Polygon (Matic) To Retest ATH , $4.22 Price Target @ 161.80% Fibs. Matic is looking extremely healthy currently trading just below the key support level at the 38.20% fibs. We are looking extremely healthy for a continuation trend back to the ATH at $2.87. Our target after a retest of the ATH is at the 161.80% Fibs at $4.22 (157% Gain from the current price...
Hello everyone, as we all know the market action discounts everything :)
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Matic (Polygon) Has been building momentum while other coins were gaining a lot, but yesterday when the other coins started a negative move, Matic started his strong Bullish...
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and bottomed out @ $0.64. Currently Matic is trading @ $1.47 and if Matic can flip this key resistance above the 38.20% fibonacci level into support above $1.77, Matic looks poised for a big move (95% back to ATH ) from this support zone....