CRYPTOCAP:MATIC is exhibiting trends similar to Ethereum. Currently, it's trading between support levels of $0.86–$0.887 and resistance at $0.91–$0.928, though this may not last long. An upward movement for Polygon seems more probable. Buyers are eyeing the $0.97 price point and the key psychological level of $1. Overcoming this level could significantly...
Market Context: MATIC shows recovery, aligned with positive market sentiments post-Bitcoin Spot ETF approval. Technical Structure: A rounding reversal in the weekly chart hints at an imminent rally towards $1.33. Current Status: Despite a 17.35% drop last week, MATIC is rebounding, supported by a 12.51% weekly rise. Volume Indicator: A significant 64% increase in...
matic usdt dar mitone ta mahdode moshalas harkat kone
The Impact of Grayscale's Fund Rebalancing In a surprising change of events, Grayscale has pulled Polygon (MATIC), a $8 billion crypto project, from its Digital Large Cap Fund. The decision was stated in a recent news release in which the corporation reported its most recent fund rebalance. Grayscale's move to sell off portions of the fund's present components...
Seems Clear, will it outperform Solana? It could also break down from here cause it has several hits in this channel already on both ends and near the middle...
MATIC/USD 3d Breakout #matic #polygon >We see repeated construction on a larger scale. An analogue of the 1-6 movement has arrived. It took place to the upside with an inverted shoulder-head-shoulder pattern. Continue !!.. MATIC/USD 1w chart
TLDR: My 2024 targets from low to high are: 1. 1.92 USDT, the 0.618 Fib retracement. 2. 2.36 USDT, the 0.786 Fib retracement. 3. 2.57 USDT, 400% from the recent HL on the weekly TF. 4. 2.92 USDT, the 2/1 Gann angle (considering price and time). Background (Weekly TF): Matic was in a downtrend from December 2021 until June 2022. MATIC lost 89.54% of its USDT...
As you are aware if u follow me Matic is quite bullish on the big time frames. & I expect it to exceed it's 2021 All time High No mean feat for an Alt coin! So when u spot bullish structures on the lower time frames Could be a good idea to position yourself for upside :) NFA
Current Scenario: MATIC price is showcasing a bullish potential with a recent retest of the $0.96 breakout point. Recent Performance: After a minor pullback, MATIC has rebounded, indicating a possible resurgence in bullish momentum. Key Level: Overcoming the $1 barrier could solidify it as a strong support level, enhancing bullish prospects. Market Sentiment:...
Current Scenario: MATIC price recently experienced a bullish breakout but is currently undergoing a retest of the $0.96 level. Recent Performance: After a strong 35% rise in just a week, MATIC's price struggles to maintain above the key $1 mark. Retest Dynamics: The ongoing retest is characterized by lower price rejection, hinting at a possible successful...
Can MATIC finally break the $1 and leave the penny Crypto area for ever Provided 2 charts for you: no1 2-day candle chart shows nice bullish breakout👀‼️ no2 in Comments The Renko chart shows that Polygon is at an important line🟩 If Polygon confirmes breakouts a huge bullish future is ahead IMO🚀 Comments💭, Likes♥️ & Follow🔗appreciated🤗 Disclaimer: Not...
It has been a little over 2 months since our last analysis on Polygon (MATICUSD), which eventually hit our 0.7000 target (see chart below) and has now broken above the 1W MA100 (green trend-line) for the first time since March 13 2023: As you can see on this 1W time-frame, we are about to get a Bullish Cross between the 1W MA50 (blue trend-line) and the 1W...
It almost broke out with a nice volume. The symmetrical pattern has already formed where ABCD waves has completed. The last leg E has to go further down to a level of around $0.75-$0.69 from where the next rally begins. The price has supported 200ma and 50ma. One of the good reason for the upside trend. This is my only prediction. Not for trade. DYOR
The gains for MATIC can be huge. After overcoming the weekly ichimoku baseline and taking it as support, MATIC should now go to higher levels. The 1.618 level is already a 170% gain. Unless the pattern would become a distribution one, which right now does not seems to be, MATIC can really exploit. The X.618 religion is back!
MATICUSDT is showing strong signs of bullish momentum and has the potential to reach significant new highs in the coming months. Here are some of the key factors that support this bullish outlook: MATICUSDT is breaking out of a long-term consolidation pattern. This suggests that the bulls are in control and that the price is likely to continue to move...
looking at the next couple of years within the matrix of the previous years.
Matic (Polygon) appears to be transitioning from phase D to the next stage, phase E, indicating potential upward movement. The notable increase in trading volume accompanying the rising price suggests a significant shift in the trend as we progress towards what could be a Sign of Strength (SOS).
invalidation is monthly open, target is previous month high, 1 dollar, 1.05 and 1.1. very simple and obvious trade