POLYGON - MATIC/USDT - 1H - Technical analysis published on 12/29/2023 (GMT)
- 128
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
72%
0%
28%
My opinion
Neutral between 0.99 USDT and 1.03 USDT
My targets
-
My analysis
A slightly bullish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first resistance is located at 1.03 USDT. The first support is located at 0.99 USDT. A very slight advantage is given by the slightly bullish basic trend so that the resistance is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This may be the case, for example, when the first resistance has been broken above or the first support has been broken below.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Andrii. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
POLYGON - MATIC/USDT rating 1.00 USDT. The price has increased by +0.00% since the last closing and was between 0.96 USDT and 1.02 USDT. This implies that the price is at +4.17% from its lowest and at -1.96% from its highest.0.96
1.02
1.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by POLYGON - MATIC/USDT:
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 1H chart of POLYGON - MATIC/USDT indicates that the overall trend is slightly bullish. 57.14% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, 13 technical indicators on 18 studied are currently bullish. The Central Indicators scanner found this result concerning these indicators:
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.88 | 0.92 | 0.99 | 1.00 | 1.03 | 1.09 | 1.52 |
| Change (%) | -12.32% | -7.88% | -1.48% | - | +3.01% | +9.26% | +52.04% |
| Change | -0.12 | -0.08 | -0.01 | - | +0.03 | +0.09 | +0.52 |
| Level | Intermediate | Major | Intermediate | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.89 | 0.94 | 0.97 | 1.02 | 1.05 | 1.10 | 1.13 |
| Camarilla | 0.98 | 0.99 | 0.99 | 1.00 | 1.01 | 1.02 | 1.02 |
| Woodie | 0.88 | 0.94 | 0.96 | 1.02 | 1.04 | 1.10 | 1.12 |
| Fibonacci | 0.94 | 0.97 | 0.99 | 1.02 | 1.05 | 1.07 | 1.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.65 | 0.70 | 0.78 | 0.83 | 0.91 | 0.96 | 1.04 |
| Camarilla | 0.82 | 0.84 | 0.85 | 0.86 | 0.87 | 0.88 | 0.90 |
| Woodie | 0.67 | 0.71 | 0.80 | 0.84 | 0.93 | 0.97 | 1.06 |
| Fibonacci | 0.70 | 0.75 | 0.78 | 0.83 | 0.88 | 0.91 | 0.96 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.40 | 0.56 | 0.66 | 0.82 | 0.92 | 1.08 | 1.18 |
| Camarilla | 0.69 | 0.71 | 0.74 | 0.76 | 0.78 | 0.81 | 0.83 |
| Woodie | 0.37 | 0.55 | 0.63 | 0.81 | 0.89 | 1.07 | 1.15 |
| Fibonacci | 0.56 | 0.66 | 0.72 | 0.82 | 0.92 | 0.98 | 1.08 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 51.00 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -1.80 | |
| AROON (14): | 78.57 | |
| DEMA (21): | 1.00 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.97 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.03 | |
| Zig ZAG (10): | 1.01 | |
| VORTEX (21): | 1.0300 | |
| Stochastique (14,3,5): | 85.45 | |
| TEMA (21): | 1.00 | |
| Williams %R (14): | -19.62 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.2400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 1.74 |
| MA7: | 0.95 | |
| MA20: | 0.88 | |
| MA50: | 0.84 | |
| MA100: | 0.71 | |
| MAexp7: | 1.00 | |
| MAexp20: | 1.00 | |
| MAexp50: | 1.00 | |
| MAexp100: | 0.98 | |
| Price / MA7: | +5.26% | |
| Price / MA20: | +13.64% | |
| Price / MA50: | +19.05% | |
| Price / MA100: | +40.85% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | +2.04% |
Quotes :
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Real time data
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