MATIC/USD AND MATIC/USDT BULLISH ANALYSIS we are in the strongest support area
please take your position we are going to see a bullish trend asap.
Maticlong
MATIC new trading opportunityHi guys,
MATIC's Uptrend is not over yet. This is a good setup and every support or resistance zone is shown on the chart. there you should act with dynamic Stoploss setups.
target is to sell a portion, in this situation, everything is possible. (even targets higher than expected).
This is another trading signal, but make sure you have strong reasons to buy before just acting blindly based on this post.
Don't forget to Follow and comment...
Matic/USDT wait for longhey traders !
we all see n dump market matic perform very well and wait for entry
but it is making ath again and again so we can't take entry
still do not rush wait for more dump as possible bear are coming !
MATIC good buying opportunityHey traders, we are monitoring MATIC for a buying opportunity around 2.24 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
MATIC STILL UPTREND ?Until now matic still in uptrend scenario. Price pullback at support area also confluence fibonacci area 0.786 (price around 1690 - 1730).
Price also above EMA 50 in Time frame 1 Day.
When trying to take fibonacci extension we can see area to take profit around :
TP 1 = 2400,
TP 2 = 2581,
TP 3 = 2812.
Stop Loss = Support Area.
note: only take position after confirmation and do your own research before trading.
MATIC Perfect Entry Right Now! Safe Short-term Trade.This is a follow-up of the MATIC trade I showed on my stream Thursday night. It has a higher risk to reward ratio now after the reversal off the top of the triangle giving us a closer swing low. Good luck with the trade.
MATIC MOON PLANMATIC, the coin for Polygon, has pushed on to a new all time high on 23 December reaching $2.7.
The coin for the framework, which aims to enhance interoperability between the Ethereum blockchain and compatible networks, has had a turbulent December but this week found a stronger upward momentum putting on a 30% growth spurt.
The extra final push may have been helped by the news that Uniswap, the protocol for exchanging cryptocurrencies, is now live on Polygon. "All Uniswap V3 contracts are now deployed to the Polygon PoS mainnet, and Polygon is already supported in the official Uniswap interface".
There were three key reasons why the organisation regarded it as a landmark: a major acknowledgment for Polygon, a return to the original promise of Ethereum, and a stronger Polygon DeFi ecosystem.
At the time of all time high, a non-mineable MATIC token is trading around $2.70, giving it a market capitalization of $18.38bn, making it the 14th largest cryptocurrency, according to CoinMarketCap.
Follow our detailed Polygon price chart and explore the latest Polygon (MATIC) movement to help you decide whether it deserves a place in your long investment portfolio or not.
MATIC Stays Bullish, New All Time High expected !!Matic daily/weekly close above $1.93 opens space for new all-time high.
MATIC: Another BUY SIGNAL Hey guys, this is Julie ^^
Let's talk about MATIC today:
In my last analysis, I told you that it was a good place to buy MATIC, and now, it looks like it is finally confirming.
The green line resistance level has been lost, it looks like it will close above it today. For me, this is the last confirmation I needed to buy MATIC.
It's near the 21 EMA, near the support level (orange line), near the 61.8% Fibonacci Retracement, and we still have this amazing divergence on the OBV.
OBV: As you can see, the green line was a top before, and we are at the same price level today, but the OBV is MUCH higher than it was back then. When we have a divergence from the price trend, this indicates that a reversal may occur, and this is an incredible buy signal.
I really believe this is the best place to buy MATIC, if you have not bought before.
Thanks for reading! Don't forget to support me with your like and subscription =D
Bye bye!
Polygon (Matic) To Retest ATH, Next Stop price discovery 🚀Polygon (Matic) To Retest ATH, Next Stop $3.24 @ 127.20% Fibs currently only 55% gain away from the current price. Polygon (Matic) is currently only 29% from the ATH @ $2.88..we need a clear breakout above the 78.60% fibs, a daily close above this key level of resistance would turn the 78.60% fibs into a strong support level for the next Matic parabolic run as it looks set ready for price discovery with all the latest developments & looking at the price action 🚀
Our current price Targets for Polygon from the current price:
127.20% Fibs at $3.47 (55% Gain)
161.80% Fibs at $4.22 (90% Gain)
261.80% Fibs at $6.41 (187% Gain)
461.80% Fibs at $10.78 (380% Gain)
Please see previous analysis below. Happy Trading :)
Polygon (Matic) Update 07/12/21: Matic has shown great strength since the crash on the 4th December, recovering +63% from the -35% drop experienced. This project has very strong fundamentals with some of the most cutting edge technology in Blockchain Technology today. This is Ethereum's Internet of Blockchains, although Matic has already grown 12514.5% YTD, we can expect similar growth pattern to Solana.
Since the July crash, Matic has been fighting some heavy resistance from the previous key price levels @ the 23.60%, 38.20% & 61.80% fibs from the sensational run we experienced during the early months of this year. on the 14th October our A.I script triggered a strong buy signal on the daily chart @ $1.30 just below the 23.60% fibs. Since the Buy Signal triggered, Matic has grown 89% in just under 54 Days. Matic's first impulsive wave topped just above the 61.80% fibs ($2.14). As mentioned in previous analysis, Polygon's move back to the ATH is not one which is going to be straight forward due to the nature of the explosive move earlier this year and will face some key resistance on this push phase back to the ATH @ $2.88, which is now only 14% away from the current price @ $2.48.
From the current price level Matic has some strong support at $1.91 & $2.14, a strong bullish continuation pattern is in play for Matic and we can expect to reach our price target at the 127.20% fibs @ $3.47 sooner than you may think, currently only 37% gain away. It is very important for Polygon to flip the 78.60% fibs ($2.41) key resistance into Key Support for this continuation pattern back towards the ATH and the 127.20% fibs.
Polygon (Matic) Update 03/11/21: The last breakout from this tweezer chart formation gave us 77% gains, if this trend continues we can expect to see Polygon (Matic) above $3.69 and heading towards our target at the 161.80% fibs @ $4.22 (104% away from the current price).
Polygon (Matic) Update 28/10/21: $1.63 was the last critical resistance which Matic has now flipped into support above the $1.77, it’s going to be interesting to see just how quick Matic retest it’s previous ATH set in May as Matic is currently only 48% away from $2.87, from here we have the following price targets:
127.20% fibs @ $3.47 (80% Gain from the current price)
161.80% fibs @ $4.22 (119% Gain from the current price)
227.20% fibs @ $5.66 (192% Gain from the current price)
Please see previous analysis below. Happy trading :)
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% Gain)
161.80% Fibs at $4.22 (177% Gain)
227.20% Fibs at $5.66 (270% Gain)
423.60% Fibs at $10.04 (555% Gain)
Please see previous analysis below. Happy Trading :)
Update 16/09/21: 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 level). Please see previous analysis below. Happy trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and bottomed out @ $0.64. Currently Matic is trading @ $1.47 and if Matic can flip this key resistance above the 38.20% fibonacci level into support above $1.77, Matic looks poised for a big move (95% back to ATH ) from this support zone . 185% Gain to the 161.80% Fibonacci target @ $4.22. See previous analysis below. Happy Trading :)
Polygon (Matic) Script Buy Signal triggered EMA Crossover SMA Confirms the Bottom and Reversal in Price back to May Highs near the ATH (145% Gain). See previous analysis below. Happy Trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and the bottom @ $0.64, currently Matic is trading @ $1.04. Matic looks poised for a big move (175% back to ATH ) from this support zone . Happy Trading
Polygon (Matic) Update: 05 /08/2021: To Retest ATH @ $2.72 , Next Stop $3.24 @ 127.20% Fibs, then $3.94 @ 161.80% Fibs and $5.26 @ 227.20% Fibs. 121% Gain from current price to the 127.20% Fibs @ $3.24. Matic has been performing extremely well despite the blood on the streets...See previous analysis below. Happy trading :).
$Matic $Polygon
See Previous Analysis Below:
Matic New ATH $2.70 🎯(80% Gain from Buy Zone) Update: 18/ 05 /21 See previous analysis below. Happy trading :)
Polygon (Matic) Update: $1.78 Target Hit. Next Stop $2 at the 161.80% Fibs. 20% Gain from current price level to $2. Next Target after $2 at $2.58, 54% Gain from the current price level. See previous analysis below. Happy Trading :)
Polygon (Matic) Update 14/ 05 /21: Matic in Price discovery , our next target price $1.78 at the 227.20 Fibonacci extension . Targets Hit $1, $1.30, Next Stop $1.35 (7% Gain). With this continued momentum to the upside, it is a 43% Gain from current price level @ $1.24 to the 227.20% Fibonacci extension at $1.78. See previous analysis below :)
Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :)
Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain)
Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :)
Update 20/03/2021
Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :)
Update 20/03/2021
Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd
*Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas.
Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins.
What is Polygon?
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains.
Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Key Notes:
The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon.
Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
MATICUSDT-LONGThere is a long position in MATICUSDT Matic Network
MATICUSDT Matic Network
🔵Long Now or set on Key Level 2.065
🟢Target 1 2.245
🟢Target 2 2.420
❌Stop loss 1.990
#K_Level
MATICUSDT - WAIT THE DIPEmissary over here.
Hello again everyone.
Today we take a look at Matic Network.
Price was rejected days ago by the offer zone (red box). I think we'll see Matic reach i'ts all time high once again, but fisrt a retest to the 1.699 inside the channel may be necesary.
If you already have MATIC and it blasts off to the moon in the short term that's all right- But I wouldn't go in at this price. I'll rather wait and see if we can catch it cheaper.
As always, thank you for reading the message once again.
If you like my work give it a thumbs up and leave a follow for more everyday analysis. Remember the message never sleeps.
Also I'd like to hear your opinion in the comments.
Remember this is no financial advise, DYOR and trade at your own pace and risk.
See ya'll
MATIC short term AnalysisHi,
As Polygon is very interesting in our opinion and its technical is far better than all the altcoins, we've provided this TA.
Positive sign = if price breaks the yellow line down with a slightly sharp movement.
The Green area is fine for a short-term buy position in 1h chart
it's possible if the price reacts to the red line in a sharp way.
Like and Comment and Follow us for more TA and news
Wyckoff Accumulation Schematic #1 in MATICHi, This Schematic might come true and might end up failed at the end. Since bitcoin is very uncertain and might fall.
this is just to review an example of this deception-based method.
Follow and like to support
MATIC - POLYGON USDT ENTRY LEVELS LONGIf we go lower to $2 I start to BUY some, but still the main entry for long is close to the bottom of the channel.
Matic the horseHello everyone,
I proudly caught this baby on the last retest at 1.63.
The future looks bright, especially if the BTC bull run continues...You already know my view.
This is just the beginning, and Matic is the first of many alts to run soon.
If you are all feeling the FOMO because you are not in this baby, and your fingertips are itchy ready to pull the trigger...wait!
Do not buy in the green. Buy the red.
After this acceleration with good volume on the back, there will likely be a retest in the 2.1 area. This will be an excellent opportunity for those who want to add to their position or enter this winning horse.
I laid out the targets and retracement. These have been set by using the Elliott wave Theory and the golden ratio discovered by Fibonacci da Pisa.
FOLLOW ME, SHARE, LIKE AND COMMENT
Polygon (Matic) To Retest ATH, Next Stop $3.24 @ 127.20% FibsPolygon (Matic) Update 07/12/21: Matic has shown great strength since the crash on the 4th December, recovering +63% from the -35% drop experienced. This project has very strong fundamentals with some of the most cutting edge technology in Blockchain Technology today. This is Ethereum's Internet of Blockchains, although Matic has already grown 12514.5% YTD, we can expect similar growth pattern to Solana.
Since the July crash, Matic has been fighting some heavy resistance from the previous key price levels @ the 23.60%, 38.20% & 61.80% fibs from the sensational run we experienced during the early months of this year. on the 14th October our A.I script triggered a strong buy signal on the daily chart @ $1.30 just below the 23.60% fibs. Since the Buy Signal triggered, Matic has grown 89% in just under 54 Days. Matic's first impulsive wave topped just above the 61.80% fibs ($2.14). As mentioned in previous analysis, Polygon's move back to the ATH is not one which is going to be straight forward due to the nature of the explosive move earlier this year and will face some key resistance on this push phase back to the ATH @ $2.88, which is now only 14% away from the current price @ $2.48.
From the current price level Matic has some strong support at $1.91 & $2.14, a strong bullish continuation pattern is in play for Matic and we can expect to reach our price target at the 127.20% fibs @ $3.47 sooner than you may think, currently only 37% gain away. It is very important for Polygon to flip the 78.60% fibs ($2.41) key resistance into Key Support for this continuation pattern back towards the ATH and the 127.20% fibs.
Our current price Targets for Polygon from the current price:
127.20% Fibs at $3.47 (37% Gain)
161.80% Fibs at $4.22 (70% Gain)
261.80% Fibs at $6.41 (158% Gain)
461.80% Fibs at $10.71 (332% Gain)
Please see previous analysis below. Happy Trading :)
Polygon (Matic) Update 03/11/21: The last breakout from this tweezer chart formation gave us 77% gains, if this trend continues we can expect to see Polygon (Matic) above $3.69 and heading towards our target at the 161.80% fibs @ $4.22 (104% away from the current price).
Polygon (Matic) Update 28/10/21: $1.63 was the last critical resistance which Matic has now flipped into support above the $1.77, it’s going to be interesting to see just how quick Matic retest it’s previous ATH set in May as Matic is currently only 48% away from $2.87, from here we have the following price targets:
127.20% fibs @ $3.47 (80% Gain from the current price)
161.80% fibs @ $4.22 (119% Gain from the current price)
227.20% fibs @ $5.66 (192% Gain from the current price)
Please see previous analysis below. Happy trading :)
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% Gain)
161.80% Fibs at $4.22 (177% Gain)
227.20% Fibs at $5.66 (270% Gain)
423.60% Fibs at $10.04 (555% Gain)
Please see previous analysis below. Happy Trading :)
Update 16/09/21: 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 level). Please see previous analysis below. Happy trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and bottomed out @ $0.64. Currently Matic is trading @ $1.47 and if Matic can flip this key resistance above the 38.20% fibonacci level into support above $1.77, Matic looks poised for a big move (95% back to ATH ) from this support zone . 185% Gain to the 161.80% Fibonacci target @ $4.22. See previous analysis below. Happy Trading :)
Polygon (Matic) Script Buy Signal triggered EMA Crossover SMA Confirms the Bottom and Reversal in Price back to May Highs near the ATH (145% Gain). See previous analysis below. Happy Trading :)
Polygon (Matic) has found strong support @ $1. Since the May crash Matic has been on a slow downward trend from the top @ $2.85 and the bottom @ $0.64, currently Matic is trading @ $1.04. Matic looks poised for a big move (175% back to ATH ) from this support zone . Happy Trading
Polygon (Matic) Update: 05 /08/2021: To Retest ATH @ $2.72 , Next Stop $3.24 @ 127.20% Fibs, then $3.94 @ 161.80% Fibs and $5.26 @ 227.20% Fibs. 121% Gain from current price to the 127.20% Fibs @ $3.24. Matic has been performing extremely well despite the blood on the streets...See previous analysis below. Happy trading :).
$Matic $Polygon
See Previous Analysis Below:
Matic New ATH $2.70 🎯(80% Gain from Buy Zone) Update: 18/ 05 /21 See previous analysis below. Happy trading :)
Polygon (Matic) Update: $1.78 Target Hit. Next Stop $2 at the 161.80% Fibs. 20% Gain from current price level to $2. Next Target after $2 at $2.58, 54% Gain from the current price level. See previous analysis below. Happy Trading :)
Polygon (Matic) Update 14/ 05 /21: Matic in Price discovery , our next target price $1.78 at the 227.20 Fibonacci extension . Targets Hit $1, $1.30, Next Stop $1.35 (7% Gain). With this continued momentum to the upside, it is a 43% Gain from current price level @ $1.24 to the 227.20% Fibonacci extension at $1.78. See previous analysis below :)
Polygon (Previously known as Matic) Update 27/03/2021) poised to test another New ATH @ $0.67 (15% Gain) from the current price @ $0.58. On the 25th April the 13 EMA crossed up above the 50 SMA signalling a strong buy signal, Polygon gained 70% from this parabolic move back to the ATH levels which were tested last in early March. Our next price target from here is $0.80 (37% Gain) to the 161.8% Fibonacci level. See previous analaysis below :)
Polygon (Previously known as Matic) Update 25/03/2021) poised for another test of New ATH @ $0.67 (93% Gain)
Polygon (Matic) poised for another test of New ATH @ $0.67 (93% Gain). From Buy Zone 1 Matic has retraced 18% and is now sitting in our Buy Zone to DCA and accumulate. If we continue to retrace to the 23.60% Fibonacci level, expect an explosive move back towards the 61.80% Fibonacci level @ $0.43 (47% Gain). Since reaching the ATH we have failed to break past the 61.80% level but a further retracement to the 23.60% should get the Bulls back in the market and we can expect to finally break through this level after 4 failed attempts from the current ATH . Huge parabolic move still on the cards here, be patient, DCA if you are already riding the wave or look to enter for a potential 93%+ Gain. See previous analysis below. Happy Trading :)
Update 20/03/2021
Since reaching a new ATH @ $0.57 after a Buy signal came from our script, Matic retraced down to $0.32 and is currently sitting in our Buy Zone to re-enter Buys to DCA /Accumulate at the 38.20% Fibonacci level @ $0.35. We expect another huge parabolic move for Matic to test the previous ATH @ $0.57 and further push towards the 127.20% Fibonacci level @ $0.67 in search of a new ATH , there is a potential Gain of 93% from the current price level. Be patient use current Buy zones to enter or re-enter to DCA /Accumulate from the current price level. Current Stochastics show an extremely oversold market and we are confident Matic will be in search of new highs in the coming days. Happy Trading :)
Update 20/03/2021
Nice set up from Buy Zone 1, potential test of the 50 SMA before bouncing back to the upside. #MaticUsd
*Update* Matic has hit our 161.80% Fibonacci Target @ $0.58. Great buy for everyone that got in and accumulated more coins at the critical buy zone areas.
Polygon (Matic) Buy Opportunity! Potential 68% Gain. Great Performance throughout the past month from Matic, this cryptocurrency is showing very strong continuation bullish momentum with HH and LL in a bullish range growing just over 240% over the past month. Matic seems to have found some resistance short-term between the 61.80%-78.60% showing indications of a weak retracement. Buy zone from current price level at 50% ($0.37) Fibonacci level for a sniper entry, but will also be looking to accumulate more coins around the 50% Fib level. Wait for price action, further confirmation from Stochastics showing oversold market before entering any Buys. Potential 68% Gain from Buy Zone 1 to 127.20 Fibonacci Level @ 0.68. The road to $1 Polygon (Matic) is clear. Use buy zones to map out your buys and DCA to accumulate more coins.
What is Polygon?
Previously known as Matic Network, Polygon is a framework for building interconnected blockchain networks.
It seeks to address some of Ethereum’s major limitations—including its throughput, poor user experience (high speed and delayed transactions), and lack of community governance—using a novel sidechain solution.
Rather than being a simple scaling solution like its predecessor Matic Network—which uses a technology known as Plasma to process transactions off-chain before finalizing them on the Ethereum main chain—Polygon is designed to be an entire platform designed for launching interoperable blockchains.
Through Polygon, developers can launch pre-set blockchain networks with attributes tailored to their needs. These can be further customized with a growing range of modules, which allow developers to create sovereign blockchains with more specific functionality.
Key Notes:
The race is on to be the first interoperability solution to go fully live. Polygon’s proof-of-stake chain and Plasma scaling solution are live, but developers can’t yet launch their own standalone or shared security chains on Polygon until these features are released. Likewise, neither ZK-rollups nor optimistic rollups have been launched on the network, with Plasma currently the only scaling solution available on Polygon.
Polygon’s rivals are also rushing to go live with their offerings. As of March 2021, Polkadot has yet to launch public parachains; and while Cosmos’ Stargate upgrade has seen the launch of its Inter blockchain Communication Protocol ( IBC ), it won’t become fully operational until IBC transactions are enabled on the network.
Matic activates new bullish short term price target #MATIC - After breakout and confirmation through pullback the momentum started to rise. #Matic next short term price target based on the breakout at $2.72 is activated. Interesting note: RSI(34) has already indicated buy signals since 22.Nov after defending the 48.5-level.
Multi-timeframe analysis for MATIC/USDTMATIC is progressing nicely up the trend line.
Now there is a reflection on the D1 chart and MATIC can go up, however, this chart is also dependent on Bitcoin, as well as other altcoins.
When we switch to chart H1, it reflects again the current trend line, which is in confluence with the current support and Pivot point S2.
The green levels are marked for resistance, which is used for possible Profit targets, while the red levels are used for placing stop losses.
Our students have all the information about whether we will trade this opportunity and also what levels we will use for our eventual trade.
Have a nice day and Happy Trading. Alex_UCT
$MATIC one step UP before 4$ BINANCE:MATICUSDT
Since my first mention IDEA about Matic everything going according by plan. Even this Bitcoin crash #matic recover so fast and now looks strong on the way to 1.618 level by fib.
✅Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it.
Thank you.
My target is still relevant before we start forming divergence on 1D we will see 2 more targets 4$ and 6$ Matic for this cycle.
Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!
✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
Don't forget sub and join my channels under this idea!