POLYGON - MATIC/USD - 15 min. - Technical analysis published on 06/22/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Bearish
Technical indicators
28%
56%
17%
My opinion
Bearish under 1.20 USD
My targets
1.05 USD (-6.52%)
0.99 USD (-11.61%)
My analysis
The basic trend is bearish on POLYGON - MATIC/USD and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 1.20 USD. Buyers would then use the next resistance located at 1.31 USD as an objective. Crossing it would then enable buyers to target 1.52 USD. If there is a return to below the support located at 1.05 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 0.99 USD and 0.88 USD by extension.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
2.7
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The POLYGON - MATIC/USD price is 1.12 USD. The price has increased by +1.82% since the last closing and was between 0.94 USD and 1.23 USD. This implies that the price is at +19.15% from its lowest and at -8.94% from its highest.0.94
1.23
1.12
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this 15 min. chart of POLYGON - MATIC/USD indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : 15 minutes
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 3 are neutral and 10 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator: bullish divergence
Type : Bullish
Timeframe : 15 minutes
Pivot points : price is under support 1
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish engulfing lines
Type : Bullish
Timeframe : 15 minutes
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.02 | 0.33 | 0.89 | 1.12 | 1.25 | 1.30 | 1.44 |
| Change (%) | -98.21% | -70.54% | -20.54% | - | +11.61% | +16.07% | +28.57% |
| Change | -1.10 | -0.79 | -0.23 | - | +0.13 | +0.18 | +0.32 |
| Level | Intermediate | Major | Minor | - | Major | Minor | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.67 | 0.88 | 0.99 | 1.20 | 1.31 | 1.52 | 1.63 |
| Camarilla | 1.01 | 1.04 | 1.07 | 1.10 | 1.13 | 1.16 | 1.19 |
| Woodie | 0.62 | 0.86 | 0.94 | 1.18 | 1.26 | 1.50 | 1.58 |
| Fibonacci | 0.88 | 1.00 | 1.08 | 1.20 | 1.32 | 1.40 | 1.52 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.79 | 1.05 | 1.20 | 1.46 | 1.61 | 1.87 | 2.02 |
| Camarilla | 1.25 | 1.29 | 1.32 | 1.36 | 1.40 | 1.44 | 1.47 |
| Woodie | 0.75 | 1.02 | 1.16 | 1.43 | 1.57 | 1.84 | 1.98 |
| Fibonacci | 1.05 | 1.20 | 1.30 | 1.46 | 1.61 | 1.71 | 1.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -1.16 | -0.24 | 0.82 | 1.74 | 2.80 | 3.72 | 4.78 |
| Camarilla | 1.33 | 1.51 | 1.69 | 1.87 | 2.05 | 2.23 | 2.42 |
| Woodie | -1.10 | -0.21 | 0.88 | 1.78 | 2.86 | 3.76 | 4.84 |
| Fibonacci | -0.24 | 0.52 | 0.99 | 1.74 | 2.50 | 2.97 | 3.72 |
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): | 32.97 | |
| MACD (12,26,9): | -0.0400 | |
| Directional Movement: | -14.43 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 0.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.03 | |
| Elder Ray (13): | -0.03 | |
| Super Trend (3,10): | 1.06 | |
| Zig ZAG (10): | 0.98 | |
| VORTEX (21): | 0.8400 | |
| Stochastique (14,3,5): | 22.74 | |
| TEMA (21): | 0.96 | |
| Williams %R (14): | -67.50 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | 0.7100 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.4700 | |
| Courbe Coppock: | 14.88 |
| MA7: | 1.32 | |
| MA20: | 1.44 | |
| MA50: | 1.45 | |
| MA100: | 0.94 | |
| MAexp7: | 1.00 | |
| MAexp20: | 1.03 | |
| MAexp50: | 1.09 | |
| MAexp100: | 1.14 | |
| Price / MA7: | -15.15% | |
| Price / MA20: | -22.22% | |
| Price / MA50: | -22.76% | |
| Price / MA100: | +19.15% | |
| Price / MAexp7: | +12.00% | |
| Price / MAexp20: | +8.74% | |
| Price / MAexp50: | +2.75% | |
| Price / MAexp100: | -1.75% |
Quotes :
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Real time data
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