Polygon (Matic): Coin, Target and Buy Zone Review!Hi all!
♾ Polygon was previously called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon network, which is used to scale Ethereum. Polygon's goal is to enable faster and cheaper transactions on Ethereum using Layer 2 sidechains, i.e. blockchains that run parallel to the main Ethereum blockchain.
✅Official website polygon.technology
Now let's move on to the charts on the main timeframes
M
➩ Globally, the price is in a downward movement as the monthly structure was broken and confirmed in 2022
➩ Now there is a corrective movement towards a wave of decline, which has lasted for almost two years.
➩ Below there is an unfilled IMB M ($0.0483 - $0.1829) and equal minimums on the way to it.
➩ Currently the price is testing IMB M ($0.6651 - $0.7505)
W
➩ On the weekly time frame, after reacting to OB W and filling IMB W, the price began to correct to the growth wave.
➩ Below in the form of support IMB W ($0.6651 - 0.6892 $) and the zone of combined OB W + IMB W ($0.5006 - 0.5994 $)
D
➩ On the daily timeframe, the price is still in an ascending structure, but, judging by the protracted correction, it will be broken.
➩ There is also an accumulation of a large pool of liquidity below, which can attract the price
💭On the chart I noted two options for reducing the price to potential areas for purchases
❗️Not a financial recommendation; before entering into any transaction, conduct your own analysis of the asset
MATICUSDT trade ideas
Spectin some correctionWell! this is the big picture! let's see if it plays correctly. Long for long term ;)
MATIC ANALYSIS🔮 #MATIC Analysis 🚀🚀
💲💲 #MATIC is trading in a descending channel pattern and trying to breakout the channel but rejected from the resistance zone. Currently the price is trading in a parallel channel. If the price of #MATIC breaks and sustain the higher price then will see a pump 📈
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#MATIC #Cryptocurrency #DYOR
$MATIC Headed Lower Local Target $0.76CRYPTOCAP: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
$MATICUSDT.P MATIC D1 showed head and shoulder target 0.7326BINANCE:MATICUSDT.P
MATIC D1 showed head and shoulder target 0.7326
$Matic next movement This is my opinion for the next movement for MATIC in shaa ALLAH , DYOR
it's not a financial advice , i still beginner in this market
entry , tp and stop loss are shown with flags
have a good luck !
MATIC/USDT - Bullish ChannelMatic is in a bullish channel (at Daily Tf) Respecting the support,.
4hr tf shows a divergence and a new trend towards upside, currently price is absorbing all the liquidity from downside before making new higher highs.
buy at CMP 0.85 something, Stoploss is marked. BTC should behave accordingly :D
maticas we can see support zone 0.7213
and There is a possibility of price support at this level.
#MATICUSDT
Time frame = D
Position=SPOT
Entry =(0.7991-0.9066)
SL = 0.7465
TP1 = Midterm 1.0754
expected return 35%
TP2 = Long term 1.2829
expected return 64%
TP3 = Long term 1.5608
expected return 100%
MATICMATIC is currently trading in downtrend.
We can see it at the price of 1 or even at 1.5 dollar.
For that it needs to break the trendline & also the resistance level of 0.8870 dollar.
MATIC long ideahello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
#10. TA_MATICUSDT_2024-01-18_09-35-03_4hrs- breakout point: end of Jan/ very similar to Dodge
- buy in between $0.80 - $0.8152
- sell @ $0.9577 (+17%), $0.9162(+12%), $0.0591(+7.26%)
MATIC/USDT Analysis BINGX:MATICUSDT.PS
After this heavy drop, we've gotten a market structre shift to the upside. Expecting price to target Buyside Liquidity next.
Would like to take an entry from those wicks below as they aline with fibo retracment levels.
Matic short then long....For the Matic an interesting moment
Indicator showning on negative side but
They can reverse right after
Of course recent news affecting
But also chart does not looks like good.
8-12 hours short then after long possibily
MATIC Anlaysis /( Bearish Trend)After taking Sell Side Liquidity and the heavy bounce from there, expecting price to target the Buyside Side Liqudity on the other side of the curve and the reverse lower from the supply zone.
Our target is going to be this Liqudity below.
BINGX:MATICUSDT.PS
MATIC/USDT 4H analysis DUMP incomingMATIC is one of the most popular coins and is in consolidation phase, it will soon dump from 0.94 or dump after going towards 1.02. And might plummets up to 0.62 range
#MATIC #Polygon #Final #Update 'B' #Wychoff #Distribution #Eddy#MATIC #Polygon #Final #Update 'B' #Wychoff #Distribution #Eddy
We Are Here Guys <3 Enjoy ;-)
This is a new update of final (( MATIC/USDT )) update: check link :
Matic #MATIC🔥🔥 Technical Analysis
Matic is for Descendig triangle, and also a triple top this could take the price of matic downward,
CRYPTOCAP:MATIC Can Take healthy correction, But the i would like to tell you that this correction would be beneficial for the holder,
3- entry (MATIC)📊Analysis by AhmadArz:
safe in chart risk by 3-entry.
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
MATIC Hold 50CMATIC weekly support at $0.75, Monthly at $0.50, hold these levels and we can see above $2, alot of adaption for MATIC coming soon
$MATIC Accumulation Zone Imminent Patterns are Similar 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.
MATICUSDT Buy stopWe observe the third head and shoulders pattern on the Matic H1 chart. If the price breaks the 0.8888 level, the pattern will be confirmed. Risk-reward ratio is 1:2
matic inteligentassetbullish scenario
resistances 0.94, 1.02, 1.17
bearish scenario
supports 0.856 in 50 ema, 0.833 in 800 ema,
7.6 in 200 EMA &trend lines
