Crypto Signals | ChartMonkey
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ChartMonkey collects and broadcasts the best real-time crypto charts from the most reputable analysts around the world.

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#crypto #trading #signals

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📊NEUTRAL: $MATIC by MonoCoinSignal (4H)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.56
Market Cap $5.23B
Change 1h -0.49% | 24h +2.14%

4-Hourly Indicators:

• RSI: 51 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.56 - Above 🟢

Analysis:
MATIC is facing strong resistance at $0.5800, which could potentially stall its upward momentum. If it manages to break through this resistance, we might see a strong uptrend. However, failing to do so could result in a downward movement, with key support levels at $0.5592, $0.5270, and $0.5153.

Price Targets:
For a bullish scenario, a breakout above $0.5800 could push MATIC higher. On the bearish side, watch for potential declines to $0.5592, $0.5270, and $0.5153 if it fails to breach the resistance. Keep an eye on these levels for better decision-making!

Polygon's community: @polygonofficial
📊NEUTRAL: $MATIC by MonoCoinSignal (1H)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.55
Market Cap $5.07B
Change 1h -0.41% | 24h -0.76%

Hourly Indicators:

• RSI: 40 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.55 - Below 🔴

Analysis:
MATIC is trading within a tight range, forming a triangular pattern with consistent highs and lows. The upper boundary works as a crucial resistance level, and as the price action approaches the apex, it signals a potential significant move either upwards or downwards.

Price Targets:
Keep an eye on the key resistance level around $0.575. A breakout above this could target around $0.60. Conversely, a drop below the support level at around $0.54 might target $0.52 or lower. Stay alert for breakout confirmation!

Polygon's community: @polygonofficial
📊NEUTRAL: $MATIC by Bithereum_io (1D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.56
Market Cap $5.22B
Change 1h -0.53% | 24h +2.48%

Daily Indicators:

• RSI: 39 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.60 - Below 🔴

Analysis:
Hey traders, MATICUSDT is showing a potential falling wedge formation on the daily chart! If a breakout occurs from this pattern, it might be an excellent time to consider bullish opportunities.

Price Targets:
Keep an eye on these breakout targets: $0.6977, $0.8109, $0.9024, $0.9939, $1.0562, $1.1241, and $1.2900. Happy trading! 🚀📈

Polygon's community: @polygonofficial
📈LONG: $MATIC by MyCryptoParadise (4H)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.56
Market Cap $5.25B
Change 1h -0.21% | 24h +1.27%

4-Hourly Indicators:

• RSI: 53 - Neutral 🟠
• MACD: 0.00 - Bullish 🟢
• EMA: 0.56 - Above 🟢

Analysis:
Is #MATICUSDT on the brink of a bullish reversal? Strong support levels suggest #Polygon has potential for bullish continuation after recent retest. Breaking above descending resistance is a promising sign.

Price Targets:
If the bullish trend continues, look for key resistance around $0.570. Further growth might push the price towards $0.650 and possibly up to $0.710. Ensure to monitor if it dips below strong support at $0.540.

Polygon's community: @polygonofficial
📊NEUTRAL: $MATIC by Cryptorphic (1W)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.48
Market Cap $4.51B
Change 1h -3.80% | 24h -9.91%

Weekly Indicators:

• RSI: 31 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.74 - Below 🔴

Analysis:
Hey everyone, check out the MATIC weekly chart update. We've been seeing a consistent downtrend since hitting that all-time high. MATIC is approaching the lower support around $0.383. If it bounces, we could see a reversal. However, breaking below might lead to further downside.

Price Targets:
If MATIC respects the lower support and starts climbing, our first target is $0.7768. A more optimistic scenario would push us towards $1.15. On the downside, if it fails to hold support, we might retest the $0.30 zone. Keep an eye on these levels!

Polygon's community: @polygonofficial
📈LONG: $MATIC by MarsSignals (1D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.49
Market Cap $4.55B
Change 1h -0.83% | 24h -2.16%

Daily Indicators:

• RSI: 34 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.57 - Below 🔴

Analysis:
The MATIC/USDT daily chart shows a strong downtrend with MATIC currently trading around $0.4926. The RSI is oversold, indicating a potential bounce back. Support levels are crucial to watch, highlighting a strong support at $0.4121. Resistance levels at $0.6538 and $0.8119 are notable.

Price Targets:
If the price holds above $0.4121, the first target to watch is $0.6538 (R1). A breakout above this could see MATIC testing the second target at $0.8119 (R2). If it fails to hold $0.4121, look for support around $0.3160.

Polygon's community: @polygonofficial
📈LONG: $MATIC by TraderAAG (4H)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.51
Market Cap $4.74B
Change 1h -0.45% | 24h +2.64%

4-Hourly Indicators:

• RSI: 58 - Neutral 🟠
• MACD: 0.00 - Bullish 🟢
• EMA: 0.50 - Above 🟢

Analysis:
#MATIC/USDT is attempting to break the Diagonal Trendline in the 4-Hour TF. Waiting for a breakout/retest could be a smart move before opening a long position. There's significant resistance at PWH $0.5775 and support at PWL $0.4275.

Price Targets:
For a bullish scenario, look for targets around the resistance at PWH $0.5775. If bearish trends prevail, watch for the support level at PWL $0.4275.

Polygon's community: @polygonofficial
📊NEUTRAL: $MATIC by CobraVanguard (1W)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.51
Market Cap $4.76B
Change 1h -0.02% | 24h +1.80%

Weekly Indicators:

• RSI: 34 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.72 - Below 🔴

Analysis:
MATICUSDT is in consolidation phase, preparing to break out above the symmetrical triangle on the weekly timeframe. This kind of setup often hints at a strong move ahead. What do you think, traders? Share your thoughts in the comments!

Price Targets:
If it breaks upward, we could see MATICUSDT aiming for $0.75, $1.00, and potentially $1.40. Support levels: $0.42 and $0.33 if it dips. Keep an eye on these key levels.

Polygon's community: @polygonofficial
📉SHORT: $MATIC by JoeChampion (4H)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.52
Market Cap $4.85B
Change 1h +1.21% | 24h +4.05%

4-Hourly Indicators:

• RSI: 62 - Neutral 🟠
• MACD: 0.00 - Bullish 🟢
• EMA: 0.50 - Above 🟢

Analysis:
Traders, MATICUSDT is approaching support at the 0.54000 level in what appears to be a downtrend correction phase. This setup could potentially offer a solid selling opportunity. Be cautious and trade safely.

Price Targets:
If the support level is broken, the next target might be 0.48000 and potentially 0.44000. Conversely, if the price rebounds, look for resistance at around 0.56000. Happy trading!

Polygon's community: @polygonofficial
📈LONG: $MATIC by CoreCrypto1 (1W)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.55
Market Cap $5.14B
Change 1h +0.07% | 24h +2.29%

Weekly Indicators:

• RSI: 38 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.71 - Below 🔴

Analysis:
MATIC is looking strong in the weekly timeframe, hinting at a generational bottom. Historically, a 610-day accumulation period led to a massive 20,000% return. This suggests that the current accumulation phase, marked by strong support, might set the stage for another impressive rally.

Price Targets:
If history repeats itself, potential targets could be at $3, $5, and possibly a moonshot at $8. Watching for a breakout from the consolidation phase around $0.55 to confirm bullish momentum is crucial. Let's see where MATIC heads next!

Polygon's community: @polygonofficial
📊NEUTRAL: $MATIC by P_S_trade (1D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.48
Market Cap $4.47B
Change 1h -0.13% | 24h -3.45%

Daily Indicators:

• RSI: 36 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.52 - Below 🔴

Analysis: Polygon MATIC is going through significant changes with the migration to #POL. With the test network upgrade on July 17 already behind us, the main network upgrade on September 4, 2024, will mark a major milestone. It's important to note that the tokenomics will remain unchanged which means no sudden shifts in its economic framework.

Price Targets: Based on the chart, immediate resistance levels are around $0.5345 and $0.6277. If MATIC can break above $0.7396, it might aim higher towards $0.9615 and $1.2500. Watch for a strong move past $1.5068 for bullish momentum potentially reaching $1.8163 and $2.5821.

Polygon's community: @polygonofficial
📊NEUTRAL: $MATIC by AlanSantana (1D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.41
Market Cap $3.82B
Change 1h +0.72% | 24h +0.54%

Daily Indicators:

• RSI: 33 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.48 - Below 🔴

Analysis:
Polygon (MATIC) is currently in a pre-2025 bull-market accumulation zone, signaled by the record-breaking bearish volume on 8/5. With strong bearish trends making way for potential bullish movements, now is an ideal time for accumulation. Patience is key here for possible future gains.

Price Targets:
With MATIC positioned at $0.4105, look for potential resistance near $1.6000, $2.8000, and $3.0000. New all-time highs could be possible in 2025, potentially reaching $5, $6, $7, or even higher!

Polygon's community: @polygonofficial
📊NEUTRAL: $MATIC by Bithereum_io (1D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.42
Market Cap $3.92B
Change 1h -0.17% | 24h +5.57%

Daily Indicators:

• RSI: 37 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.48 - Below 🔴

Analysis:
We're seeing an exciting setup on the MATICUSDT 1D chart, as MATIC has just bounced off the lower line of its falling wedge pattern. This could signal a potential breakout. If MATIC breaks above the wedge, we could see a massive 300% growth!

Price Targets:
1. Initial target: $0.5551
2. Second target: $0.9128
3. Ultimate target: $1.2704

Polygon's community: @polygonofficial
📊NEUTRAL: $MATIC by Cryptorphic (1W)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.41
Market Cap $3.80B
Change 1h +0.18% | 24h -4.98%

Weekly Indicators:

• RSI: 31 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.65 - Below 🔴

Analysis:
MATIC has recently reached and bounced from its lower support and dropped significantly by 30%. It's now trading within the $0.316 to $0.387 range. Holding this support is crucial to avoid further declines. Observing the lower support closely is key for upcoming price movements.

Price Targets:
If MATIC manages to maintain its crucial support, potential upside targets can be $0.50 and $0.75. On the flip side, failure to hold support may see a drop below $0.316, with further downside risk towards $0.30 or even lower. Navigating this zone carefully is essential for investors.

Polygon's community: @polygonofficial
📈LONG: $MATIC by Lingrid (4H)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.44
Market Cap $4.11B
Change 1h +0.38% | 24h +5.10%

4-Hourly Indicators:

• RSI: 74 - Overbought 🟢
• MACD: 0.00 - Bullish 🟢
• EMA: 0.41 - Above 🟢

Analysis:
MATICUSDT has bounced off the June 2022 support level, and bulls are showing strong resistance against further declines, breaking above the accumulation zone. With this bullish move, the cryptocurrency is on an upward trend, possibly signaling further gains in the near term.

Price Targets:
If the bullish momentum continues, look for the next resistance levels at $0.5000 and $0.5580. Meanwhile, support remains firm at $0.4286 and $0.3858, which could be good re-entry points in case of minor corrections.

Polygon's community: @polygonofficial
📈LONG: $MATIC by KlejdiCuni (1D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.47
Market Cap $4.40B
Change 1h +1.14% | 24h +7.53%

Daily Indicators:

• RSI: 56 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.45 - Above 🟢

Analysis:
MATIC has formed a bullish triangle pattern, showing potential upside after consolidating between 0.3800 and 0.4300. Given that MATIC is undervalued compared to its peers, it suggests a good opportunity for growth in the coming month.

Price Targets:
The bullish momentum could push MATIC up to 0.5211 as a mid-term target. If this resistance is broken, we could see a further increase to 0.6000. Keep an eye on the 0.4370 level as a potential support.

Polygon's community: @polygonofficial
📈LONG: $MATIC by AlanSantana (3D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.48
Market Cap $4.45B
Change 1h +0.38% | 24h +7.05%

Current Indicators:

• RSI: 43 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.53 - Below 🔴

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Polygon's community: @polygonofficial
📈LONG: $MATIC by CobraVanguard (1D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.40
Market Cap $1.20B
Change 1h -0.43% | 24h +0.56%

Daily Indicators:

• RSI: 38 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.42 - Below 🔴

Analysis:
MATIC is shaping an ascending triangle within a broadening wedge, suggesting an upcoming breakout. This pattern is often seen as bullish, highlighting potential upward movement. Financial insights by CobraVanguard indicate that a breakout might drive prices towards the top of the wedge.

Price Targets:
Key levels to watch are $0.50, $0.54, and $0.63. These can act as resistance points on the way up. If the pattern holds, aiming for the top of the wedge could take MATIC to around $0.63, making it an exciting watch for traders.

Polygon's community: @polygonofficial
📈LONG: $MATIC by Dexter_The_Trader (2D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.37
Market Cap $942.43M
Change 1h -2.39% | 24h -10.69%

Analysis:
MATIC has busted through the downtrend resistance, a promising sign! But for a full bullish confirmation, it needs to clear the 65 EMA and close above $0.536. Keep a close eye on these levels as they could set the stage for further upward movement.

Price Targets: If MATIC gains momentum, initial targets are $0.65 and $0.75. On a larger scale, hitting $1.28 would be a fantastic breakthrough milestone. Watch for stable closes above key points to confirm the trend!

Polygon's community: @polygonofficial
📈LONG: $MATIC by MyCryptoParadise_Simon (1D)
#MATICUSDT | #MATIC | #Polygon
Current Price $0.36
Market Cap $848.68M
Change 1h -2.49% | 24h -1.41%

Daily Indicators:

• RSI: 38 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 0.42 - Below 🔴

Analysis: MATIC is currently navigating a descending channel, holding at a solid support zone near $0.35. Watch for a potential bounce, but keep an eye out for a decline if this level fails. Breaking above $0.46 could signal a shift in momentum.

Price Targets: If support holds, look for a move towards $0.54 in a bullish scenario. However, if support breaks, we might see a drop towards $0.28. Stay tuned to key levels for guidance on the next moves!

Polygon's community: @polygonofficial