POLYGON - MATIC/USD
POLYGON - MATIC/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: MATICUSD
ISIN:

POLYGON - MATIC/USD - 1H - Technical analysis published on 05/13/2021 (GMT)

  • 323
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : NEUTRAL

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Bearish
Underlying: Slightly bullish
Technical indicators
22%
39%
39%
My opinion
Neutral between 1.06 USD and 1.12 USD
My targets
-
My analysis
The short-term decline on POLYGON - MATIC/USD remains moderate but it could call into question the slightly bullish basic trend. It is difficult to advise a trading direction under these conditions. The first support is located at 1.06 USD. The first resistance is located at 1.12 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.

Technical indicators are neutral in the very short term and are not able to influence the opinion of this analysis.

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The POLYGON - MATIC/USD rating is 1.08 USD. The price registered an increase of +5.88% on the session with the lowest point at 0.98 USD and the highest point at 1.18 USD. The deviation from the price is +10.20% for the low point and -8.47% for the high point.

0.98
1.18
1.08

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of POLYGON - MATIC/USD in 1H shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that the overall trend could be reversed. The Central Indicators market scanner is currently detecting several bearish and bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : 1 hour


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : 1 hour



On the 18 technical indicators analysed, 4 are bullish, 7 are neutral and 7 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


MACD indicator: bullish divergence

Type : Bullish

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly


Momentum indicator is back over 0

Type : Bullish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 0.89 0.96 1.06 1.08 1.12 1.23
Change (%) -17.56% -11.19% -2.19% - +3.70% +13.70%
Change -0.19 -0.12 -0.02 - +0.04 +0.15
Level Major Minor Major - Minor Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.740.880.951.091.161.301.37
Camarilla0.960.981.001.021.041.061.08
Woodie0.710.860.921.071.131.281.34
Fibonacci0.880.961.011.091.171.221.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.560.620.740.800.920.981.10
Camarilla0.800.820.830.850.870.880.90
Woodie0.580.640.760.820.941.001.12
Fibonacci0.620.690.740.800.870.920.98


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.210.050.430.691.071.331.71
Camarilla0.640.700.760.820.880.941.00
Woodie-0.140.080.500.721.141.361.78
Fibonacci0.050.290.440.690.931.081.33

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 45.09
MACD (12,26,9): -0.0100
Directional Movement: -9.04
AROON (14): -14.29
DEMA (21): 1.08
Parabolic SAR (0,02-0,02-0,2): 1.17
Elder Ray (13): -0.03
Super Trend (3,10): 1.21
Zig ZAG (10): 1.06
VORTEX (21): 0.9700
Stochastique (14,3,5): 29.23
TEMA (21): 1.05
Williams %R (14): -60.07
Chande Momentum Oscillator (20): 0.00
Repulse (5,40,3): 0.0100
ROCnROLL: -1
TRIX (15,9): -0.0400
Courbe Coppock: 8.38
MA7: 0.94
MA20: 0.79
MA50: 0.54
MA100: 0.38
MAexp7: 1.07
MAexp20: 1.09
MAexp50: 1.07
MAexp100: 1.01
Price / MA7: +14.89%
Price / MA20: +36.71%
Price / MA50: +100.00%
Price / MA100: +184.21%
Price / MAexp7: +0.93%
Price / MAexp20: -0.92%
Price / MAexp50: +0.93%
Price / MAexp100: +6.93%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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