MATIC, the native token of the Polygon blockchain, chart is one of the best currently on the market. I'm long since $1,5 when it touched support line, but will add more at breakout, then new price discovery mode for this token.
Polygon is a protocol and framework for building and connecting Ethereum-compatible blockchain networks, offering an ecosystem with lower...
I expect both polygon and ethereum to complete the flag pattern extension somewhere in the grey box. ethereum is already well inside the box, and it looks likely to move higher. polygon has been unusually strong during the pullbacks and I believe it is searching for valuation. It seems polygon has much more upside to come at this point.
Currently over 3000...
MATIC is at a huge resistance. if it can close and hold above it, it's gonna have a nice breakout. If it cant hold, look to catch the falling knife! My bet is on breakout. See trend exhaustion. When it's above the golden line, it's bullish. when it's below it, it's bearish. so if the trend exhaustion bounces off the golden line, which i think it will, get ready...
MATIC has a huge announcement tomorrow, Dec. 9th
I've been bullish on this for a long time!
Should be a big one for the med-term now that leverage is cleared from crypto market.
Comment if you have any questions!!
Should be watching Matic closely. If it breaks higher we could see a significant move into price discovery. There's also more being built on top of Polygon so keep close eyes on it!
Polygon (Matic) Update 07/12/21: Matic has shown great strength since the crash on the 4th December, recovering +63% from the -35% drop experienced. This project has very strong fundamentals with some of the most cutting edge technology in Blockchain Technology today. This is Ethereum's Internet of Blockchains, although Matic has already grown 12514.5% YTD, we can...
#MATIC - After breakout and confirmation through pullback the momentum started to rise. #Matic next short term price target based on the breakout at $2.72 is activated. Interesting note: RSI(34) has already indicated buy signals since 22.Nov after defending the 48.5-level.
4 Bounces off Upper Trendline,
5 Bounce off Lower Trendline
RSI around 65, indicating overbought region.
MACD levels are around the highs from previous bounces.
I can see this go to the $2 levels.
Please comment and let me know what you think.
With a bullish inverse head and shoulders pattern despite the recent market events, I'm expecting MATIC to get to $3 in the next quarter. Also, Nexo is offering up to 20% interest on MATIC, so I bought today.
MATICUSD has been trading within a Channel Up (green pattern) and Higher Lows since July 20 market bottom. It was when the MACD indicator made its lowest Bullish Cross formation and we've seen the same Bullish Cross pattern on every Higher Low contact on that Channel Up with the most recent being in the last week of November. As you see this Cross is always the...
I will always be first to raise my hand and say, "maybe I drew that one wrong"
Because of the price action overnight in Matic, I woke up very excited to revise this chart and draw a new backwards Fibonacci retracement box. I will be the first to admit if my initial posts from earlier this week were incorrect, and actually I hope they are! Because this chart...
As Of Late, MATIC has been gaining good traction on the Media, especially against ETH's high gas fees for NFT Minting.
The growth of MATIC has been slow but healthy.
Of which, there are great opportunities to Scalp this in the short term,
as well as accumulation of Assets for the good long term
Though i am very new trader,
I have been following the charts very...
NICE ascending triangle.
TSI only starting to look up and we are already near ATH, this is very good.
RSI AT 60
200MA STRONG support back in July
Looks ready to rip soon.
PT longterm: 5.10
For risk, stop at 1.71
However, I am accumulating In the 1.60-1.50 range and I am out if price goes below 1.43.
COINBASE
