CRYPTOCAP:SOL Green dot, red dot, green! Looking up for $SOL. SOL has tested $85 and $90 the last 24 hours. What happened the last time SOL printed this momentum pattern? Back up to $1.03? DYOR.
CRYPTOCAP:SOL is in a range between $85 to $103. So far $85 has held. If it continues to act as support then SOL may run to $103 for "decision time." Will the price consolidate its parabolic rally by returning to lows at $49-$79, or will it first visit $147 before a return to those lows? DYOR. Just questions.
CRYPTOCAP:MATIC Headed Lower Local Target $0.76 Matic is showing low volume and a slow bleed to $0.76 and lower. Upper resistance at $0.82. DYOR
CRYPTOCAP:MATIC Accumulation Zone Imminent Patterns are Similar Polygon MATIC price is meeting resistance at the 0.50 Fib level, also at the 50 EMA level. Looks like a rising wedge, which is 60% bearish most of the time. See the SIMILARITY compared to the last time MATIC was rejected and re-entered accumulation zone? What comes next? Hmmm? DYOR.
CRYPTOCAP:MATIC Moving Average 20 EMA Crossing 200 EMA See the 20 EMA moving under the 200 EMA showing weakness. Lower target is $0.85. DYOR.
CRYPTOCAP:MATIC Rising Wedge to Return to Major Support at $0.80 or less Matic is reversing to test prior support at $0.58-$0.80. See the rising wedge pattern in a bearish reversal pattern. Is a Rising Wedge Bullish or Bearish? A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend. Rising wedge patterns indicate...
CRYPTOCAP:MATIC Final Throwback to Major Support $0.75-$0.80 With lower momentum and volume, MATIC appears to be headed lower to test major support between $0.70-$0.80. The moving averages are showing a change in trend to the downside for the next few days, potentially. Is this the pre-halving cool-off CRYPTOCAP:BTC is brining to the market post-hyped ETF...
CRYPTOCAP:MATIC Wyckoff Throwback at $0.86-$0.89 Then Re-Accumulation MATIC Polygon has looks like a textbook Wyckoff Accumulation Breakout and Mark-up Levels to watch are: $0.85-$0.89 in this throwback. Next resistance is $0.96, $1.00, $1.03. Lower support is $.8575, $0.80, $0.75. Do your own research. Cheers!
CRYPTOCAP:MATIC Throwback to $0.89 then Continuation? It appears that $0.89 is holding as support after a meteoric rise for CRYPTOCAP:MATIC , the Ethereum layer 2 that does it all. Next levels of resistance are $0.94, $1.00, $1.03. Lower support levels are $0.85, $0.80, $0.75.
CRYPTOCAP:MATIC is Challenging Resistance at $0.96 Similar to Dec 25 It took MATIC over 24 hours to break past the $0.96 barrier back in December 2023. It is following a similar duration today trying to break $0.96. Do you see any similarities? The 0.5 Fibbonacci level at $0.89 has acted as support. Deep support is $0.75, and $0.66 for scam wicks.
CRYPTOCAP:MATIC Volume Increasing, Inverse Head & Shoulders Level to watch $0.85, $0.94, $1.00. Support at $0.80, $0.73, $0.66 CRYPTOCAP:MATIC is leaving the lower support lines to challenge upper resistance lines.
CRYPTOCAP:MATIC appears to be printing a inverse head and shoulders pattern. If it breaks above the neckline then it may try to test the upper resistance lines at $0.96, $1.00, $1.03, $1.09. If it sustains a break above $1.00 then it might breakout? Just questions. Thanks.
CRYPTOCAP:MATIC The double bottom has played out to the upside reversing after a false breakdown to $0.7245. It's printing green now and following the cup line. May reject at $1.00 and retest support at $0.70 or lower accumulation zone? Just ideas and questions. Not advice.
CRYPTOCAP:MATIC double bottom and false breakdown has reversed appearing to continue to test resistance lines? A rejection at $1.03 may cause another test of the lower level support areas between $0.58-$0.80? When it makes it past $1.09 and sustains approve then a continuation to ATH may begin? Only questions. Do your own research. Not advice.
CRYPTOCAP:MATIC Double Bottom with False Breakdown? Has CRYPTOCAP:MATIC formed a double bottom with a false breakdown at the support line? Next Fib. level lower $0.7337. Just questions.
CRYPTOCAP:MATIC Consolidating at $0.80 Upside to $0.88 and back down? Upside to $1.03-$1.09 before continuation? Breakdown to lower levels at $0.66-$0.73?
CRYPTOCAP:MATIC Polygon is putting in a bottom $0.71 to $0.82. The EMA ribbons are barely turning green on the 4 hour chart. Wait for it to turn green. Looks to take 8-10 days to play out before the trend will clearly reverse since the drop to $0.71. This consolidating has reset the RSI and funding rates. A sustained break above $1.03-$109 will start a powerful...
Near has printed a head and shoulders pattern on its path to establish support after a delightful Santa rally to ~ $4.62. If the $2.51 level holds we are going to have another leg up to $4.60 +. Fib extensions into resistance could be $4.80, $5.09, or even $7+. It may bounce up from one of these lower fib retracement levels and not go very deep. It may turn around...