Polygon MATIC declined sharply to $1.01, the key daily support. A bullish reversal from $1.01 is likely and will result in a bullish move to re-test $1.07 and the key daily resistance zone of $1.14-$1.20. A bearish break-out of $1.01 will push #MATIC price in the daily range zone and will increase probability of a deeper correction towards the next...
MATIC has been caught between a trading zone since November but has finally touched the Support Zone and bounced back above the Daily 200EMA. Should we long here? How do we trade this? 🤔 The Support Zone was touched and a strong bounce led the price back above the 200EMA. We are currently hovering between the Daily 30EMA and 200EMA with no clear signals to buy...
MATIC (Polygon) is at a pivotal moment on the chart; follow-through with the Ascending Triangle and breakout to the upside? Or get rejected a third time and fall back toward the $0.60 level? How do we trade this? 🤔 To justify a long, we need to break the Resistance Zone and test it for support. We're too close to Resistance to long now, the probability of...
Polygon had a beautiful double bottom at the Daily 200EMA and as predicted, ripping to the upside and near completing the trade of our last analysis. Where do we go from here? How do we trade this? 🤔 We likely have more upside to go before we consider a reversal. Wait until the price makes contact with the Resistance Zone at $0.95. Look for a bear signal candle...
Polygon broke out of the 200EMA resistance and ran to the upside to flirt with the $1.00 price point in mid-November. We've now seen a two-legged pullback from that price and a double bottom seems to have formed. Does that mean we're ready to try for $1.00 again? How do we trade this? We do have many of the required conditions to get long! But we do need to...
MATIC repeating ETH's first run : UPDATE 2022 check out my old analysis following this idea. the red squiggle from that one played out. was really hoping it wasn't over yet but alas the world seems to be crumbling down and it was already over. just deal with it. life goes on. there is always another train through the station as long as we haven't nuked ourselves...
We commence to make you – jump, jump, The Mac Dad’ll make you – jump, jump, The Daddy Mac’ll make you – jump, jump, Kris Kross will make you – jump, jump... As fitting as it is, we’re not really talking about the song by Kris Kross, which was released in February 1992 as the first single of their first studio album, but much rather commenting on Polygon’s next...
Polygon has got the bug – regarding the green zone between $0.87 and $0.71. And just like a bug, the altcoin has been crawling above it, tipping it here and there. Although Polygon could have already finished the current movement by touching the green zone, we expect it to scramble a bit deeper still to complete wave 4 in green. Afterwards, the altcoin should flap...
After completing wave 2 in green in the green zone between $0.44 and $0.42, Polygon has proceeded to battle its way upwards. If it can keep up this drive, it should soon make it above the resistance at $0.62, which would then augur well for further ascent.
Hello 🐋 Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️ if the price breaks the trend line to the upside, we will see more gain besides the range market is acceptable scenario too 📖💡🚀 and if the price break the rang area to the upside, we will see more gain...
Hello friends, today you can review the technical analysis idea on a 4H linear scale chart for Polygon ( MATICUSD ). Polygon price has been on a downward trend with the price recently narrowing into the apex of a triangle. There are multiple Support and Resistance Lines shown. The price may make an attempt to get to the 0.236 and 0.382 Fibonacci Retracement areas...
Watching this event at this time with all the hope and despair in the air will be fascinating. The geometry of the market should be affected. like any two entities reacting to one another. Let's hope they get along.
MATIC (POLYGON) will rise around 38% to 50% for the B wave and after it will draw to the downside for the C wave to reach the target of the 2nd wave. We can see the leading diagonal (rising wedge) on minute wave 1st. When we saw the leading diagonal on 1st wave then the correction for the 2nd wave is generally 61% and the 61% area exactly match with the previous...
Polygon has to make a decision: Where will it go after skidding down to the $2 mark? There are two equally attractive possibilities, well almost: There is a 45% change that it could head back home and fall under its support line at $1.44. At this point, it should hole up even more deeply below $1 and take a holiday at the yellow beach strip between $0.328 and...
Goodmorning from the coldy Amsterdam. I love this project of Polygon.. And I believe that ZK rollups will be the next narrative. Either way when looking at the chart we see price battling the ATH. What are the chances of the price breaking the ATH now? It still can be definitely but the chances are 60-40 now.. If you want to have an idea of what the bars at...
Polygon (Matic) Update 23/10/21: Polygon (Matic) is currently 86% from the ATH @ $2.87 and 174% to the $4.22 target. From the current price we are currently 555% away from Polygon (Matic) at $10, we can expect to surpass this peak bull cycle it's going to be an explosion 🚀 Our current price Targets for Polygon from the current price: 127.20% Fibs at $3.47 (127%...
Polygon (Matic) To Retest ATH , $4.22 Price Target @ 161.80% Fibs. Matic is looking extremely healthy currently trading just below the key support level at the 38.20% fibs. We are looking extremely healthy for a continuation trend back to the ATH at $2.87. Our target after a retest of the ATH is at the 161.80% Fibs at $4.22 (157% Gain from the current price...
Polygon (Matic) To Retest ATH, $4.22 Price Target @ 161.80% Fibs. Matic is looking extremely healthy current trading above the key support level at the 38.20% fibs above $1.51. We are looking extremely healthy for a continuation trend back to the ATH at $2.87. Of course we are all thinking about the September dump which may happen but looking at the reversal...