Free Polygon (MATIC) Technical Analysis Signals | Free Crypto Technical Analysis Signals | 28 Feb

Overal Signals
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
28 Feb / Daily
Category/Currency
Crypto/USD
Exchange/Country
CCC/--

Polygon (MATIC) signal with technical analysis on 28 Feb

On May 5, 2023, we conducted a comprehensive technical analysis of Bitcoin, considering 256 signals with intricate details. Here are the key findings: 134 suggested buy signal strategies, while 17 indicated sell signal strategies. The remaining 105 strategies remained neutral without providing any specific signal.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's delve into the details of each strategy:

Strategy 1:
Buy Signals: 30
Sell Signals: 8
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 37
Sell Signals: 2
Neutral Signals: 25
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 34
Sell Signals: 3
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 33
Sell Signals: 4
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Overal Strategy :
Buy Signals: 134
Sell Signals: 17
Neutral Signals: 105
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are solely based on daily price changes and do not take external factors such as news, market sentiment, or company developments into account. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Polygon (MATIC) investments, we strongly recommend visiting the "Magic Analysis" technical analysis website. They also provide signals for free, and if a signal aligns with ours, it's likely to be a reliable and valid indicator, as we've seen over time.


BNResult: Looking at the technical analysis for Polygon (MATIC) on th, it appears that there is a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and making investment decisions should be done carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

Polygon (MATIC) trading strategy for those who are in buy positions (long positions): If you are currently in a buy position (long position), based on the consensus of our technical analysis signals, continue to maintain the current position with greater vigilance and caution. However, always be careful and monitor market developments closely.

Polygon (MATIC) trading strategy for those who are in sell positions (short positions): If you are currently in a sell position (short position), it is recommended to choose the optimal time to exit the current position based on the combination of technical analysis signals. If you have a high risk tolerance, wait for the market to move in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy position (long position), it is recommended that you consider the projected price range. This range represents a potential upside of 21.61%, determined by the highest predicted price. However, before deciding to initiate a buy position (long position), it is important to be careful and do thorough research to ensure that it fits your risk tolerance and investment goals.

In all your trading endeavors, the implementation of a well-defined stop loss strategy is paramount to manage potential downside risks effectively.

Useful Tips 2:, for those interested in long-term forecasting, we suggest utilizing the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions for your Polygon (MATIC) holdings.

Polygon (MATIC) Price Analysis and resistance Levels:

Given our current long position in Polygon (MATIC), analyzing key resistance levels is crucial to better guide the cryptocurrency's price movement. These resistance levels serve as important benchmarks for our strategy and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (1.0881):
The primary hurdle we face is the 1.0881 price tag. If the prevailing trend remains unchanged, it is quite possible that Polygon (MATIC) could break above this level. This will be a promising indicator of its strength and potential for further achievements.

Second resistance level (1.2508):
If the upward trend shows significant strength, we may see Polygon (MATIC) cross the second resistance level of 1.2508. This milestone represents a significant upside move and may indicate a promising direction for our position.

The third resistance level (1.2872):
For a more comprehensive analysis, let's consider a scenario where Polygon (MATIC) not only breaks the second resistance level, but is able to hold its price above this benchmark. If this trend continues in the coming days, it could pave the way for Polygon (MATIC) to reach the third resistance level set at 1.2872.
It's crucial to remember that these resistance levels should be looked at closely and understood in the context of overall market trends and indicators. To make well-informed decisions while trading Polygon (MATIC), it's essential to stay alert and keep analyzing the market consistently. This will be valuable as we navigate the ever-changing world of Polygon (MATIC) trading. By paying attention to these resistance levels and considering broader market dynamics, you can make smarter trading choices and adapt to the dynamic nature of this market.

Polygon (MATIC) technical analysis chart

Polygon (MATIC) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 1.0881 1.2508 1.2872 1.5591 --
Support 0.9555 0.8775 0.7789 0.7493 0.6946
Polygon (MATIC) price movement in the coming days

Polygon (MATIC) signals list for 28 Feb

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Polygon (MATIC) technical analysis over the past days

# Date Overal Signals ALL Signals
1 27 Feb Hold HoldHoldHoldHold
2 26 Feb Buy BuyHoldHoldHold
3 25 Feb Hold NeutralBuyHoldHold
4 24 Feb Buy BuyNeutralHoldHold
5 23 Feb Hold NeutralHoldHoldHold
6 22 Feb Hold NeutralHoldHoldHold
7 21 Feb Sell SellHoldHoldHold
8 20 Feb Hold HoldHoldHoldHold
9 19 Feb Hold HoldHoldHoldHold
10 18 Feb Hold HoldHoldHoldHold
11 17 Feb Hold HoldHoldHoldHold
12 16 Feb Hold HoldHoldHoldHold
13 15 Feb Hold HoldHoldHoldHold
14 14 Feb Hold HoldHoldHoldHold
15 13 Feb Hold HoldHoldHoldHold
16 12 Feb Hold HoldHoldHoldHold
17 11 Feb Hold HoldHoldHoldHold
18 10 Feb Hold HoldHoldHoldHold
19 09 Feb Hold HoldHoldHoldHold
20 08 Feb Hold HoldHoldHoldHold
21 07 Feb Buy HoldHoldHoldBuy
22 06 Feb Buy BuyBuyBuyNeutral
23 05 Feb Hold HoldNeutralNeutralNeutral
24 04 Feb Hold HoldNeutralNeutralNeutral
25 03 Feb Sell SellNeutralNeutralNeutral
26 02 Feb Hold NeutralHoldNeutralNeutral
27 01 Feb Hold NeutralHoldNeutralNeutral
28 31 Jan Hold NeutralHoldNeutralNeutral
29 30 Jan Neutral HoldHoldNeutralNeutral
30 29 Jan Hold HoldBuyNeutralHold

Users forecasts for Polygon (MATIC)

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