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Polygonusdt

MATIC: Approaching SupportPolygon (MATIC) technical analysis: Trade setup : Price was rejected at $1.60 resistance and pulled back near $1.00 support, which could be an attractive swing entry. Momentum is inflecting bullish again (MACD Histogram rising). Trend : Downtrend on Short-Term basis, Neutral on Medium-Term basis and Uptrend on Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $1.00, then $0.75. The nearest Resistance Zone is $1.30, then $1.60.
MLong
by altFINS
What will happen to MATIC after leaving the $1 penny Crypto areaWhat will happen to MATIC after leaving the $1 penny Crypto area❓ The Renko Chart shows that Polygon is at an important support line🟩 Chances for a bullish breakout confirmation are good IMO🚀 Let me know your thoughts in the comments🤗 ⬇️⬇️⬇️ Likes and Follow for updates appreciated🤗 Disclaimer: Not financial advice Do your own research before investing The content shared is for educational purposes only and is my personal opinion
MLong
by Crypto4Everybody
6
MATIC trade setup The idea is: Buy when the price breaks above 1.535$ and take profits at the levels shown in the chart. Targets: 1. 1.56$ 2. 1.62$ 3. 1.68$ ------------------------------------------- What's a Fair Value Gap (FVG) ?: A fair value gap is the difference between a financial instrument's theoretical value and market value, such as a derivative or security. It can indicate a misprizing opportunity for traders to profit by buying or selling at the misprized level. In other words, there is a gap in the price in which some open orders still need to be filled. The price will return to fill the orders. ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups. BTC dictates the market. If BTC falls, then Alts will drop as well. Trade safe!
MLong
by MBM_Crypto
6
Polygon MATIC price will double or halve its value in few monthFinally, altcoins have started their upward movement, most of the ideas we have published on different coins over the past 2–3 weeks are in the process of working out the targets. But the MATICUSDT price did not grow much on the crypto market in the last few days. In fact, the MATIC price was one of the first to break out of the downward trend in the summer of 2022 and has been in a protracted consolidation since then. The way out of such consolidation will be a powerful impulse movement that will double the value of the Polygon token or halve it. Therefore, it is very important to monitor the behavior of the MATICUSDT price around $0.75. Another holding of the price above this level will increase the chance of starting growth to $1.50 per MATIC However, if sellers can easily push and fix the price below $0.70-0.75, then this will be a signal that keeping MATIC in your portfolio may be unprofitable. After all, because of such conditions, an almost unobstructed path will open for the price to fall to 0.44 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
45
MATIC: Approaching ResistancePolygon (MATIC) technical analysis: Trade setup : Following a bullish breakout from Sideways Channel ($0.75-$1.00), trends have reversed to Uptrend and price is near another major resistance zone at $1.30. wait for price to 1) break above $1.30, or 2) pull back near $1.00-1.10 support for swing entry. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $1.00 (previous resistance), then $0.75. The nearest Resistance Zone is $1.30.
MLong
by altFINS
Polygon (MATIC/USDT) Poised to hit $1 SoonBitcoin price has been largely bullish since the beginning of 2023 and after recording a series of bullish candles, the bulls apparently look exhausted. It appears that the price corrections are just to attract more liquidity over the platform which is more required to uplift the price to reach the desired target of $20,000 very soon. In the meantimes some of the altcoins including Polygon(MATIC) are preparing to lay down a firm upswing. To be specific, the MATIC price is believed to rise high beyond $1 The MATIC price currently displaying immense strength as it is about to accomplish a parabolic recovery to reach the neckline of the consolidation. After reaching the resistance, the price may witness a significant pullback to the lower support around $0.84 and ignite a notable upswing towards the interim resistance at $0.91 Here the bulls are required to hold their strength which may propel the price higher above the crucial resistance at $0.95 which may in turn uplift the price beyond $1
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by coinpediamarkets
1
Year-End Targets for Polygon(MATIC/USDT)! Will it Hit $1?Polygon price displayed immense strength since the start of December 2022, but the FUD related to Binance insolvency, the price of MATIC and various cryptos slashed hard in no time. Meanwhile, the price is attempting very hard to keep up a bullish trend and hence trading within a bullish ascending triangle . However, the token has faced constant rejections at the resistance and the recent drop substantiates the bearish grip at these levels. Therefore, the pice may continue to trade within the pattern until the end of 2022 and ignite a notable upswing in the first few days if 2022. The MATIC price is expected to rise high and test the crucial resistance zone but may again face a rejection for one last time. The price may again reach the lower support and rebound which could bring the asset towards the pinnacle. Here, depending on the induced volume, the price may break above the ascending triangle to test the upper resistance at $0.819. Meanwhile the possibility of reaching beyond $1 appears to be pretty less at the moment but cannot be completely discarded. With a slight change in the market sentiments, the price is believed to rise high and achieve $1 mark in the firs few days of 2023.
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by coinpediamarkets