Londinia Opportunities Analyses - 06/15/2021 (GMT) POLYGON - MATIC/USDT - 1H
Type: | Cryptocurrencies |
Ticker: | MATICUSDT |
ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1.66 USDT
My targets
1.73 USDT (+2.37%)
1.87 USDT (+10.65%)
My analysis
POLYGON - MATIC/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1.66 USDT. The next resistance located at 1.73 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1.87 USDT. After this resistance, buyers could then target 2.21 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
POLYGON - MATIC/USDT rating 1.69 USDT. The price has increased by +9.03% since the last closing and was traded between 1.53 USDT and 1.71 USDT over the period. The price is currently at +10.46% from its lowest and -1.17% from its highest.1.53
1.71
1.69
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by POLYGON - MATIC/USDT:
Technical
Technical analysis of POLYGON - MATIC/USDT in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1.35 | 1.48 | 1.60 | 1.69 | 1.73 | 1.87 | 2.21 |
Change (%) | -20.12% | -12.43% | -5.33% | - | +2.37% | +10.65% | +30.77% |
Change | -0.34 | -0.21 | -0.09 | - | +0.04 | +0.18 | +0.52 |
Level | Minor | Major | Intermediate | - | Minor | Minor | Minor |
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 |
---|---|---|---|---|---|---|---|
Standard | 1.25 | 1.33 | 1.44 | 1.52 | 1.63 | 1.71 | 1.82 |
Camarilla | 1.50 | 1.52 | 1.53 | 1.55 | 1.57 | 1.59 | 1.60 |
Woodie | 1.27 | 1.34 | 1.46 | 1.53 | 1.65 | 1.72 | 1.84 |
Fibonacci | 1.33 | 1.40 | 1.45 | 1.52 | 1.59 | 1.64 | 1.71 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.52 | 0.84 | 1.09 | 1.41 | 1.66 | 1.98 | 2.23 |
Camarilla | 1.18 | 1.24 | 1.29 | 1.34 | 1.39 | 1.45 | 1.50 |
Woodie | 0.49 | 0.82 | 1.06 | 1.39 | 1.63 | 1.96 | 2.20 |
Fibonacci | 0.84 | 1.06 | 1.19 | 1.41 | 1.63 | 1.76 | 1.98 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -1.11 | -0.21 | 0.83 | 1.73 | 2.77 | 3.67 | 4.71 |
Camarilla | 1.34 | 1.51 | 1.69 | 1.87 | 2.05 | 2.23 | 2.40 |
Woodie | -1.04 | -0.18 | 0.90 | 1.77 | 2.84 | 3.71 | 4.78 |
Fibonacci | -0.21 | 0.53 | 0.99 | 1.73 | 2.47 | 2.93 | 3.67 |
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): | 68.91 | |
MACD (12,26,9): | 0.0500 | |
Directional Movement: | 21.58 | |
AROON (14): | 64.28 | |
DEMA (21): | 1.67 | |
Parabolic SAR (0,02-0,02-0,2): | 1.58 | |
Elder Ray (13): | 0.04 | |
Super Trend (3,10): | 1.55 | |
Zig ZAG (10): | 1.67 | |
VORTEX (21): | 1.1800 | |
Stochastique (14,3,5): | 79.14 | |
TEMA (21): | 1.68 | |
Williams %R (14): | -21.05 | |
Chande Momentum Oscillator (20): | 0.12 | |
Repulse (5,40,3): | 0.5600 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.4700 | |
Courbe Coppock: | 16.61 |
MA7: | 1.44 | |
MA20: | 1.63 | |
MA50: | 1.39 | |
MA100: | 0.88 | |
MAexp7: | 1.65 | |
MAexp20: | 1.60 | |
MAexp50: | 1.52 | |
MAexp100: | 1.46 | |
Price / MA7: | +17.36% | |
Price / MA20: | +3.68% | |
Price / MA50: | +21.58% | |
Price / MA100: | +92.05% | |
Price / MAexp7: | +2.42% | |
Price / MAexp20: | +5.63% | |
Price / MAexp50: | +11.18% | |
Price / MAexp100: | +15.75% |
Quotes :
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Real time data
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