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Polygon

Polygon: Hammer time! ☝️According to the principle “U Can’t Touch This”, Polygon is pulling the M. C. Hammer move above the blue zone between $0.68 and $0.40, meaning that the altcoin just won’t touch it. Nevertheless, we still expect the cryptocurrency to dive into the blue Zone to finish wave (ii) in blue before rising above the resistance at $0.94, thus affirming further ascent. However, there is also a 42% chance that Polygon could indeed not touch the blue zone at all and instead climb above $0.94 directly.
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by MarketIntel
Matic to 1.01Resistance sits at 1.01 along with the blue .25 fib. There is a head and shoulders pattern at the top but the measured move hasn't been hit yet. I suspect this makes a relief rally then drops by the end of November 2022 down to 0.19, I know that sounds scary but that is where the measured move gets to. some confluence... BTC has a CME gap still open at 9.8k, every 4 years the price drops hard in NOV DEC 2014, 2018, and now 2022... Look at the BTC USD on the binance chart, 1 year ago they tested the 9.8k range in their "flash crash"
MLong
by krjcrypto
Symmetrical triangle on Matic/Polygon On Matic has there been a symmetrical pattern formed which shows a 50/50 of the price breaking to the upside of the downside. This said does the price trend show that the price is more likely to break to the downside as the market trend is bearish. Entry price: In the apex at 0.65. Stop loss: At 0.67, which is inside the triangle so when the triangle breaks to the downside but after the break to the downside starts trending upwards and is stopped by the stop loss. Target price: Is extrapolated from the triangle height/the upper trend line and this target price set at 0.349. This is also 45% gain if the prediction is successful.
MShort
by vf_investment
Polygon (MATIC) - October 15Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) The key is whether it can support and move up in the 0.6104-0.8191 section. (1D chart) If we see a drop below the uptrend line (1), we need to see if there is support in the 0.7270-0.7658 range. Otherwise, it is expected to decline to around 0.6164. It needs to move above 0.9226 to continue the uptrend. So, the key is whether we can find support and move higher near 0.8191. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** HA SRRC indicators are expressed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
1
October 11 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to CoinShare, digital asset investment products saw outflows totalling US$5m last week. Bitcoin is down 2.41% over the last 24 hours and fell to an intraday low of $18,955.00. The largest cryptocurrency fell below the 20-day exponential moving average (EMA) ($19,584) on Oct 7, and the buyers were not able to push the price above the 20-day EMA since then, suggesting that the BTC/USDT pair may lose its upward momentum. If the seller increases the pressure further and pulls the price below the $19,000 price level, the BTC/USDT pair could drop into the $18,125 to $17,622 support zone. Conversely, if the price rebounded from the $19,000 price level, the price could rise to the 20-day EMA. Today’s Cryptocurrency Headline Polygon Launches zkEVM Public Testnet Polygon announces the launch of the Polygon zkEVM public testnet, the first zkEVM to reach public testnet with an open-source ZK proving system. Zero-knowledge (ZK) tech is one of the most prominent and promising paths to scaling Ethereum, which allows developers to transfer their smart contracts from Ethereum smoothly It is reported that AAVE, Uniswap, Web3 social platform Lens and game studio Midnight Society will be amongst the first protocols to use the zkEVM testnet. Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
by BingX
MATIC - AnalysisMATIC had good price growth last week. The price continued to grow to the resistance range of $0.83 - 0.85 but considering that in the daily time frame, the current resistance range is a very important supply and demand area. Also, the current resistance has overlapped with the ceiling resistance of the long-term descending channel. Is. Therefore, breaking this resistance can activate the $1 channel targets. If broken, the short-term uptrend line in the 4-hour time frame could issue a bearish signal and push the price down to the $0.74 range. Because a negative divergence has formed on the RSI indicator, which is one of the signs of a possible price decrease, it is necessary to carefully check the price in the range of 0.85 dollars along with the volume of transactions. On the daily time frame, the Ichimoku super-indicator still acts as resistance above the price, confirming the range considered. Therefore, the price passing through the cloud can signal an upward trend in the short term.
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by MonoCoinSignal
8
Polygon (MATIC) - October 6Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (MATICUSDT 1W Chart) The 0.6164-0.8191 interval is the interval that determines the trend. Therefore, it is likely that the trend will continue in the direction off the 0.6164-0.8191 range. Therefore, if the price holds above 0.8191, it is expected to move towards 1.2246. (1D chart) In order to continue the upward trend, it must rise above the HA-High indicator. Therefore, the key is whether it can rise above 0.9226 and find support. If it falls below 0.8191, we need to see if there is support in the 0.6164-0.7270 range. ------------------------------------------------------------ ------------------------------------------- ** All descriptions are for reference only and do not guarantee a profit or loss in investment. ** If you share this chart, you can use the indicators normally. ** The MRHAB-T indicator contains indicators that indicate support and resistance points. ** SR_R_C indicators are displayed as StochRSI(line), RSI(columns), CCI(bgcolor). ** CCI indicator is expressed as overbought range (CCI > +100) and oversold range (CCI < -100). (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
1
$MATIC - BULLISH but CautiousHello my Fellow TraderZ, #POLYGON ($MATIC) is going inside the Descending Channel Pattern and again got rejected by the Upper Trendline. The recent upward movement was also supported by the RSI momentum which clearly was showing Bullish Divergence. Now I see on 4 HTF price going to come and retest the MA50/200 at the least. Also on 1 HTF, it is clearly visible that Price was maoving inside the Ascening Triangle and broke the Triangle beautifully and again coming to retest. Here my projection for the coming hours/days where we could go to the $0.9 Happy Trading Fam. CHEERS!!!
MLong
by TRADER-GOKU