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.
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...
The chart analysis is self-explanatory.
Why you should follow me;
- Clean Chart,
- Clean Analysis
- Daily price action update,
- Good Minimum R:R 2:1 with stop-loss and target,
- Educational purpose,
- Money Management 1-3%
Trade with good risk management because the market trend can change so fast. Analysis is based on recent data and valid if the market...
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...
💎Technical Analysis Summary💎
MATIC/BTC
-MATIC has been consolidating above the 200D MA since July
-The price has retested the 100D MA and acted as support
-We have plotted a trendline resistance from the swing top
-If MATIC can break above 4300 sat, I see a potential retest of 4500 sat
-That scenario will increase the potential break out of this consolidation...
