At these type of ideas i will try to show you were the charts have big possibilities to bounce back , depends on ICT point of view. Have in mind that those special zones are NOT trade signals , but areas where you have to applicate your specific strategy.At these type of ideas i will try to show you were the charts have big possibilities to bounce back , depends...
MATIC ( POLIGON ) now completed a correction and are ready to return to gain higher. The new opportunity at the current price 🟢 Trend: Bullish 🚀 🟢 Support: $0.6 🟢 Target: $2.8 ------ Current: $0.7
Hello I am sorry for what I want o say and I do not want to be rude but I really believe that Crypto market is not good place for wave traders (and probably the other methods) but for investment is a heaven. Some of coins are really confusing and I do not see any consistent correlation between them. MATIC is one of them and for now, what is happening in the upper...
MATIC could be ETH cycle 1, so far Matic is far from done. The chart clearly shows us the market maker movement in accumulation phase and about to take off. Good for long-term investment asset layer 1 coin.
A bearish divergence has been recorded on the MATIC daily charts with volume decreasing as well.
Matic peaked during wave 3 in May 2021 and reached a low in wave 4 in June 2022. However, it remains in a corrective phase, suggesting a potential alternative bottom for wave 4 may still occur. The general anticipation is for an upward movement in wave 5. Investors should consider gradually buying at support levels and selling at resistance levels.
Polygon's macro formation is almost identical to the last cycle. The breakout at that time was shortly after bitcoin broke the ATH for good and its dominance began to fall. The current situation is very similar, with bitcoin dominance resistance possibly being reached within a few weeks. If history rhymes, polygon could take off to reach $10.
Confluence of Bullish Harmonic pattern and Elliot wave correction completion. We're done with the correction. Expect an explosive move up which would trigger an uptrend. Use good money management and take your profits off the table as Whales will manipulate.
I think that MATIC is waiting to make a bullish divergence on the rsi making a lower low on the price and higher low on the rsi. If that is the case then i think it might hit the targets on the short term but need further price action to validate. This is just an opinion all the best
Wave 5th might take a move. shorting would be appropriate for the short term. Are upside big moves still pending?
Much speculation has circulated in the crypto press recently about Polygon’s prospects for a one-dollar valuation of its token MATIC. Can it perhaps even reclaim its all-time high of $3.00? While the first question has been answered by the market already—the renewed bullishness of Bitcoin and cryptocurrencies in general, has sparked a new rally—the second answer...
Matic may have been completed the 4h wave a Triangle pattern. We need the price to stay above 0.4926 and clear 0.9499 to turn the price up for the wave 5
Matic clearly demonstrating a downtrend and Crypto winter is not yet over !
With the fall that just occurred, Groupings A and B of cryptos are going to want to rebound and rise. They’ve already made the reversal. But even long term. They purchased CDA to assist with the purpose they exist and if that isn’t enough to convince. They’ll be changing their name from matic/polygon to just Pol. 5am-7:45amEST WILL be the last chance fire for...
MATIC Polygon whatever, all I know is I’m reading a lot more projects comings out on polygon on moving to polygon. Just seen a post about POL just being ranked as a top 4 “pulse security most high-rankings” very active on Twitter, social media. This is another one I will be watching again. Just need it to hold up .8327 in the next couple of days.
Matic Dragon We are below a zone of inflection so it is possible that we drop lower, the best case scenario would be to pump above the zone and backtest it as support. If we lose the current low we could head far lower, so it looks like a great opportunity.
Looks like a great entry get into Polygon before they release the Agglayer. Polygon Agglayer can connect any chains, enabling unified liquidity and seamless transactions through zero-knowledge proofs. So bullish on the Polygon team and the on-chain statistics with so many active users and so many new chains adding Polygon CDK. There is great possibility of...
Trading this uptrend in MATIC. Polygon is the best blockchain in Web3 gaming and supports many other DAPPS. Disclosure... our project CroozeNFT. io web3 game is built on the Polygon Blockchain.