I just got this chart and I'm taking a quick look. Look for it to jump out of where it is lol.
Polygon price today is $1 with a 24 hour trading volume of 2.6 Billion dollar. MATIC price is up 17% in the worst days of crypto market bear market is the best time to build and Matic team used this opportunity splendidly, they partnered with Nubank, Meta, Reddit and other good banks and companies now on btc pair we back to ATH again and usd pair hold its up...
MATIC has been one of my favorite alts of the last bull-cycle. It was also one of the majors gainers back then. Interestingly enough, MATIC/BTC is currently closing in fast on its all-time high value. Which is, in my view, an incredible bullish thing. This indicates that, even when the market is bad, investors are still placing a lot of trust in this token,...
The MATICBTC pair has been trading inside an Ascending Triangle since July 2022 with the 1W MA50 (red trend-line) supporting. The Fibonacci Channel levels show that as the 1D RSI is approaching its Lower Highs (Bearish Divergence against the Higher Lows of the Ascending Triangle), we could see a pull-back. This is highly possible within a 0.00005800 - 0.00006650...
Matic setting up a potential breakout to the upside or the downside. We dont know when Matic will break to the upside but it will be violent and unexpected.
Ok, Polygon have 13 red daily candles in a row! It´s a lot :D.. I reckon that if Bitcoin keeps falling, Matic will probably follow him, but I won't miss this purchase (who knows). In addition, MATIC can be well evaluated by staking, and also it is one of best alt, so HODL. My position 2233..
MATICBTC broke out to the upside of its 18 month channel and is confirming support above it. If we get a strong move to the upside, we may have a repeat of 2021. I'm long here.
Bullish scenario MATICBTC ,Bullish scenario MATICBTC
Here is a great example of a chart that we do not trade... I will explain the reason why. MATICBTC has shown great resilience, amazing strength because it remains trading near its All-Time High while the entire cryptocurrency market was going through a terrible bear market. Now, we have many technicals that support the bulls such as a strong RSI and prices...
We can see a massive bullflag on the matic/btc chart. There has already been a break-out and the retest of the upper resistance line confirms the pattern. Expecting upside moves in the next year to come.
#MATIC/BTC Technical Analysis:- #Matic Chart currently trading around 5142 Satoshi And Also Trading at Strong and All time High Resistance level. As Per chart Adam & Eve chart Pattern Forming on TOP so IMO it’s bearish Because Adam & Eve Chart max Form at Bottom for Bullish confirmations. So IMO this will be Trap so Be aware at this Level if you are Planning to...
MATIC has made all time high in BTC pair during bear market in Q3 2022. A drawdown from here is possible.
Low volume test the bottom High volume uptrend, with a low volume retest showing weak falling momentum. It's a big signal for a uptrend.
Idea is shown on the chart with two main scenarios playing out IMHO
The Matic Network (MATICUSD) has been on an impressive run as of late. On this chart we see the relative strength of Polygon against Bitcoin (BTCUSD) on the MATICBTC pair. As you see the price is about to test the December 2021 High, which along with the May 2021 High form the long-term Resistance Zone. It is obvious that this draws comparisons to the pair's...
Meta is empowering creators to mint & sell polygon powered digital collectibles on & off instagram
MATIC moves perfectly in a parallel channel and is now at the lower border, buy at 169, stop when leaving 1h candle 160
MATIC BTC follows its LTA (bullish trend line), and following the crash of 24 hours ago, went to the lower edge of the LTA, making a pull back, will hit the target of $0.00004140 in the next 8 hours or so that get rid of the imposed congestion of the Ichimoku cloud. Details to be observed for the confirmation of the LTA: There has already been a crossing of the...