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MATICUSDT

Polygon (MATIC/USDT) Poised to hit $1 SoonBitcoin price has been largely bullish since the beginning of 2023 and after recording a series of bullish candles, the bulls apparently look exhausted. It appears that the price corrections are just to attract more liquidity over the platform which is more required to uplift the price to reach the desired target of $20,000 very soon. In the meantimes some of the altcoins including Polygon(MATIC) are preparing to lay down a firm upswing. To be specific, the MATIC price is believed to rise high beyond $1 The MATIC price currently displaying immense strength as it is about to accomplish a parabolic recovery to reach the neckline of the consolidation. After reaching the resistance, the price may witness a significant pullback to the lower support around $0.84 and ignite a notable upswing towards the interim resistance at $0.91 Here the bulls are required to hold their strength which may propel the price higher above the crucial resistance at $0.95 which may in turn uplift the price beyond $1
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by Coinpedia-Market-Insight
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MATICUSD (Polygon) ZonesHere we are looking at MATICUSD on the Daily TF… Let’s begin by zooming out on the chart to get a sense of the important zones that we must consider when analyzing Polygon in its local price range. When looking for Macro support, the strongest support line that we can draw rests at approximately $0.31 as marked by the bottom (green) line. In the immediate short term, we are looking at local support at about $0.75, so there is quite a lot of space between our local and macro support lines. If MATIC can’t hold its local support line (green), then we may expect a fall to its bear market lows, which also happen to be its macro support at $0.31. Lastly, let’s quickly analyze the resistance range drawn on the chart. This resistance zone ranges from $1.00-$1.30. As it continues to bounce between local support and resistance, we will keep you posted on relevant developments in the chart… Cheers!
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by GarethSolowayOfficial
6
MATICUSDT 1H - narrowing of VWAP bandsMATIC since January 7th at 3:00 am (UTC +1) is in the accumulation phase, with super narrow VWAP bands which indicate a possible upward explosion. the price above the Ichimoku Cloud indicates that buyers are supporting the price, and the cloud at this moment is a powerful support. Another good bullish indicator is the MM100 where MATIC almost always transits above it, confirming the bullish bias. MATIC is a scaled blockchain built on top of Ethereum, which has made huge strides in the Web 2.0 ecosystem recently. Polygon has partnered with several brands such as Starbucks for its Odyssey digital collectibles rewards program and Disney for its accelerator program, as well as having major clothing brands such as Prada and Adidas launch NFT projects through its blockchain. More recently, Mastercard partners with Polygon Network (MATIC) at the start of the new Web3 incubator Supports and resistances follow, don't forget that today is Sunday and the trading volume is lower. S:0.8024 / 0.8010 / 0.7958 R:0.8088 / 0.8113 / 0.8142
MLong
by ferulianov
MATICUSD H8: +20% gains BULLS the BEST level TO BUY/HOLD(SL/TP)Why get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! MATICUSD H8: +20% gains BULLS the BEST level TO BUY/HOLD(SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTION! 🔸 Summary and potential trade setup ::: MATICUSD H8/candle chart review ::: strong / bounce reversal 75 cents ::: bulls maintain control expect more gains ::: trading within well-defined range / accumulation ::: setup still valid as of RIGHT NOW ::: chart is LOG SCALE ::: 15-20% upside remains ::: BULLS focus on buying dips ::: BUY LOW after pullback is over ::: entry - after dips/pullback ::: TP1 bulls 92/94 cents ::: use tight stop loss for this trade ::: 1.00 mirror S/R resistance overhead ::: potential re-test of mirror S/R at 1.00 USD ::: bounce in progress / focus on buying dips ::: reversed via minor IHS setup on 1 hour TF ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +20% gains ::: details: see chart ::: FINAL TP is +20% gains 1.00 USD ::: recommended strategy: BUY/HOLD after correction ::: TP BULLS +20% gains 1.00 USD final TP ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: 72/74 cents demand ::: 1.00 usd fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/20% gains ::: Sentiment short-term: DIPS PULLBACK/MODE RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
MLong
by ProjectSyndicate
26
There was a strong positive reaction from the supportMATIC had acceptable price growth last week. After the price reached the $0.7500 range, there was a strong positive reaction, and we saw an 8% retracement of the MATIC price. The previous resistance level in the range of $0.7984 to $0.8267 has been accompanied by a negative reaction. But the bullish candles below this resistance are being compressed, which indicates the possible failure of this resistance in the coming days. The new MATIC resistance support levels are carefully considered, and the range trend can end if any of the levels are broken. The price movement can also continue to the following levels according to the width of the range channel. If the short-term conditions of the market remain favorable, there is a possibility of breaking the resistance and reaching the target of 0.8741 to 0.9079 dollars. The Smart Money indicator confirms the current resistance support ranges.
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by MonoCoinSignal
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Matic Coin We examined the chart of Matic Coin. Matic coin must close 5-hour candles above the resistance zone located in the $0.8244 zone to continue its bullish action. If the Matic coin closes the candle above the resistance zone that we specified in the analysis, it can continue its upward movement up to the 0.87 region. When we examine the support zones of the matic coin, there is a support zone in the $0.7753 region. If the price of the matic coin stays above the $0.7753 region, it can be thought that the matic coin will rise to the $0.83 level.
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by wagmitraders
Matic Did I miss the boat? Elliott waveIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Matic got the new low for a potential 5 waves in down in this variant. And have been watching this move up for a play. Waiting to see if this finishes here and moves back down to the GZ and support in a corrective fashion. If it does will consider a long, if it blasts, new plan. Can always get in later, it may hurt, but sticking to the plan. Being an impulse, I could be missing something and could break the low...hence a corrective to and reaction off would be ideal. Cheers!
MLong
by CryptoKnee
MATICUSD H16: +40% gains BULLS the BEST level TO BUY/HOLDWhy get subbed to me on Tradingview? -TOP author on TradingView -2000+ ideas published -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -before/after analysis -24/7 uptime so constant updates 🎁Please hit the like button and 🎁Leave a comment to support our team! MATICUSD H16: +40% gains BULLS the BEST level TO BUY/HOLD(SL/TP) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. READ ENTIRE IDEA BEFORE EXECUTION! 🔸 Summary and potential trade setup ::: MATICUSD H16/candle chart review ::: accumulation in progress ::: bulls maintain control expect more gains ::: trading within well-defined range / accumulation ::: setup still valid as of RIGHT NOW ::: chart is LOG SCALE ::: get ready to BUY LOW later near range lows ::: currently/soon CORRECTION MODE ::: BUY LOW after pullback is over ::: entry - NEAR 72/74 CENTS ::: for now PULLBACK/CORRECTION MODE ::: use tight stop loss for this trade ::: 1.00 mirror S/R resistance overhead ::: potential re-test of mirror S/R at 1.00 USD ::: 72-74 cents decent bounce zone BULLS ::: potential HS setup BULLS bounce play ::: SPECULATIVE SETUP ::: do your own due dill ::: and use proper risk management ::: TP bulls is +40% gains ::: details: see chart ::: FINAL TP is +40% gains 1.00 USD ::: recommended strategy: BUY/HOLD after correction ::: TP BULLS +40% gains 1.00 USD final TP ::: SWING TRADE: BUY/HOLD IT ::: bull run not over yet ::: good luck traders! ::: BUY/HOLD and get paid. period. 🔸 Supply/Demand Zones ::: 72/74 cents demand ::: 1.00 usd fresh supply zone 🔸 Other noteworthy technicals/fundies ::: TD9 /Combo update: N/A ::: Sentiment mid-term: BULLS/40% gains ::: Sentiment short-term: CORRECTION/MODE RISK DISCLAIMER: Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
MLong
by ProjectSyndicate
54
Could it rise above the key point of 0.8647...Happy new year! Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICBTC 1W chart) If the price holds above the 0.0000 4151 to 0.0000 4415 range, the upward force is expected to remain. ------------------------------------- (MATICUSDT 1M Chart) The question is whether it can break out of the downtrend line by holding the price above 0.7778. (1W chart) In order to continue the mid- to long-term upward trend, the key is whether it can rise above 0.8647. If not, you should check for support around 0.6201. (1D chart) Since the M-Signal on the 1M chart and the M-Signal on the 1W chart are passing around 0.8647, the important question is whether it can rise above 0.8647. To do so, it is necessary to check whether it can be supported around 0.7778. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator includes indicators that indicate points of support and resistance. ** SR_R_C indicators are displayed as StochRSI (line), RSI (columns), and CCI (bgcolor). ** The CCI indicator is displayed in the overbought section (CCI > +100) and oversold section (CCI < -100). (Short-term Stop Loss can be said to be a point where profit or loss can be preserved or additional entry can be made by split trading. This is a short-term investment perspective.) ---------------------------------
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by readCrypto