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Maticusd

MATICUSD Bullish break-out possible to $3.00MATICUSD has been trading within a Channel Up (green pattern) and Higher Lows since July 20 market bottom. It was when the MACD indicator made its lowest Bullish Cross formation and we've seen the same Bullish Cross pattern on every Higher Low contact on that Channel Up with the most recent being in the last week of November. As you see this Cross is always the beginning of a new rally within the Channel Up. There has been a Diverging Channel Up (red lines) mostly based on Higher Highs that has an upside limit right now around 2.600 - 2.700. If that breaks, Polygon should target $3.0, which is the decelerated rise percentage since the September 05 High and also slightly below the 2.5 Fibonacci retracement level. The price has been supported on the 1D MA100 (green trend-line) since November 16 and on the 1D MA200 (orange trend-line) since July 20. Based on the MACD, we may be at the start of a strong 1 month rally. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
MLong
by TradingShot
5
MATIC - Buy the dipWhilst MATIC is currently in a downswing, it is still well within an ascending parallel channel (blue). The various EMAs confirm the bullish setup. Right now, MATIC is hitting a support zone (green horizontal rectangle). It might well hold. If it doesn't, MATIC will likely fall to the bottom border of the ascending parallel channel at around $1.65. If that holds and the prices bounces off it to break the downtrend resistance line, that is a great opportunity to buy into the upswing. PT $3.15 (100% FIB extension). So for now my advice is wait and see, but be ready to pounce and make some good $$$.
FTX:MATICUSD
by franz_william
MATIC one of my favorites MATIC Network is one of the most useful coins in the space as a Layer 2 ETH solution that works well and offers its own plethora of tokens on the platform. Fundamentally, I like MATIC for years to come beyond the price and am excited to see where development leads. RSI showing exaggerated bullish divergence, but may be rejected at 60 resistance soon. MATIC would enter the bull control zone above $2.05 and bull critical zone above $3.62. RSI alert level of 90 would offer price targets of $7+, especially if and when Bitcoin BTC breaks above 70k towards 130k in the next 1-3 months. BBWP showing extended periods of limited volatility over Nov 2021, indicating major moves incoming (as already seen over the past few days, now 12/01/21). PMARP indicated accumulation ended around 11/22/21. TSI generated a sell signal from 10/27/21 to 11/07/21, rising above and falling below +25. TSI generated a buy signal after falling below the zero line on 11/17/21 after rising above the zero line from 11/25/21 to 11/29/21. TSI crossed the signal line twice from 11/24/21 to 11/28/21 indicating a long position may be prudent. CMO dipped below and rose above -50 on 11/17/21, indicating a potential buy signal. CMO crossed the zero line on 11/25/21, indicating a buy signal. CMO is currently +35 and once above +50 would indicate a potential sell signal. SMI crossed signal line on 11/28/21 and zero line on 11/30/21, indicating buy signal.
MLong
by apachig
MATIC - Good Indicators On Current MoveUsing the 1D chart timeframe, Matic has made a recent 14% bump. Both the MacD and RSI are in really good positions for positive movement. In addition, Matic has been following a parallel channel since late September. Using this analysis one can foresee Matic climbing to the top of the channel to around the 2.50 area. Using the Fib Retracement scale on the last mid Oct as a reference, we see that Matic has made the same initial jump to 0.618. Although anything could happen, one could quite comfortably estimate Matic continuing the Fib to the 2.50 area. That’s indicated analysis but personally I believe Matic is undervalued and should be somewhere between $3-$3.50 now. My thoughts, not advice Oklah. Cheers
M
by wildboar8
MATIC - Still Strong and bullish 😍👍Personally I'm a Polygon fan and like all that they have done Matic will have a great future and is one of the best Altcoins for the long-term holding. So buying its dips can have big results TP 1 and ATH are specified for selling some of your tokens (optional) Other points are specified in the chart. Dear Friends If you are interested, It would be nice to show your support by liking and maybe posting your comment Good time
MLong
by CryptoSideway
5
💡Don't miss the great buy opportunity in MATICUSD @0xPolygonTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.539). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MATICUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 56. Take Profits: TP1= @ 1.690 TP2= @ 1.724 TP3= @ 1.827 TP4= @ 1.925 TP5= @ 2.061 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
MLong
by ForecastCity_World
14