Polygon Coin ( MATIC) Analysis


Risky traders have time to fly or die

Polygon coin (MATIC) digital currency is trading now in a very critical area that might be followed by a nice uptrend or bad downtrend Direction.

Polygon coin (MATIC) digital currency had a historical price of $ 2.8230 in December 2021 & the lowest price after that area at $ 0.3160 in June 2022 

(MATIC) is trading now at $ 1.3728

Let’s update our support & resistance areas in order to predict the probability of the incoming movement prices, So please read carefully the target, support & resistance mentioned below.

 

Otherwise, we do not recommend beginners to trade until testing & confirming the support areas in order to hit the resistance areas, even if there’s good daily volume showing the great coming jump to a higher price range, let’s go step by step to avoid the bearish trend & ride the bullish trend probability.

 

As we know; an uptrend is followed by a downtrend & vice versa

 

So, we never forget to Trade wisely as we advise buyers to place a stop loss below the support areas, as breaking these prices leads to another down support area 

 

As Shown

The Chart Below

 

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Prediction:

Target:  to hit & exceed the area of $ 1.6950 then $ 2.4520

Polygon coin (MATIC), if the price of $ 1.1365 is broken, it may target levels of $ 0.7472

 

Support & Resistance:

Support: $ 1.2810 - $ 0.7472 -  $ 0.3160

Resistance: $ 1.6950 - $ 2.1010 -  $ 2.4520

 

Important:

The result depends on our personal Vision which could be right or wrong

We analyze the past to predict the future

 

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Ayman Crypto
Ayman Crypto

Cryptocurrency Analyst


CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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