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

POLYGON - MATIC/USD - 1H - Technical analysis published on 01/14/2022 (GMT)

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

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Slightly bearish
Technical indicators
50%
11%
39%
My opinion
Neutral between 2.24 USD and 2.38 USD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 2.24 USD. The first resistance is located at 2.38 USD. A very slight advantage is given by the slightly bearish basic trend so that the support 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 could be the case, for example, when the first support has been broken below or the first resistance has been broken above.

In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.

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

Additional analysis

Quotes

The POLYGON - MATIC/USD price is 2.31 USD. The price has increased by +2.21% since the last closing and was traded between 2.18 USD and 2.32 USD over the period. The price is currently at +5.96% from its lowest and -0.43% from its highest.

2.18
2.32
2.31

Here is a more detailed summary of the historical variations registered by POLYGON - MATIC/USD:

Technical


Technical analysis of this 1H chart of POLYGON - MATIC/USD indicates that the overall trend is slightly bearish. Only 46.43% of the signals given by moving averages are bearish. This slightly bearish trend could return to neutral given the neutral signals also given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with Moving Average 100

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour



In fact, according to the parameters integrated into the Central Analyzer system, only 9 technical indicators out of 18 analysed are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1R1PriceR2R3
ProTrendLines 2.13 2.17 2.24 2.31 2.31 2.38 2.45
Change (%) -7.79% -6.06% -3.03% 0% - +3.03% +6.06%
Change -0.18 -0.14 -0.07 0 - +0.07 +0.14
Level Intermediate Major Minor Intermediate - Minor Major



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
Standard1.992.112.192.312.392.512.59
Camarilla2.212.222.242.262.282.302.32
Woodie1.962.102.162.302.362.502.56
Fibonacci2.112.192.242.312.392.442.51


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.051.471.732.152.412.833.09
Camarilla1.791.861.921.982.042.112.17
Woodie0.961.431.642.112.322.793.00
Fibonacci1.471.731.892.152.412.572.83


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.240.851.692.303.143.754.59
Camarilla2.122.252.392.522.652.792.92
Woodie0.350.911.802.363.253.814.70
Fibonacci0.851.411.752.302.863.203.75

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 46.58
MACD (12,26,9): -0.0200
Directional Movement: -8.62
AROON (14): -35.72
DEMA (21): 2.24
Parabolic SAR (0,02-0,02-0,2): 2.29
Elder Ray (13): 0.01
Super Trend (3,10): 2.30
Zig ZAG (10): 2.28
VORTEX (21): 1.0100
Stochastique (14,3,5): 56.41
TEMA (21): 2.23
Williams %R (14): -15.38
Chande Momentum Oscillator (20): 0.02
Repulse (5,40,3): 2.1200
ROCnROLL: -1
TRIX (15,9): -0.1500
Courbe Coppock: 2.14
MA7: 2.21
MA20: 2.37
MA50: 2.22
MA100: 1.94
MAexp7: 2.25
MAexp20: 2.27
MAexp50: 2.29
MAexp100: 2.27
Price / MA7: +4.52%
Price / MA20: -2.53%
Price / MA50: +4.05%
Price / MA100: +19.07%
Price / MAexp7: +2.67%
Price / MAexp20: +1.76%
Price / MAexp50: +0.87%
Price / MAexp100: +1.76%

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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