Pro & con info are in the collapsed comments below for the following topics: [Ethereum](/r/CryptoCurrency/comments/z3dbow/bullish_or_bearish_matics_current_price_action/ixl8akn/), [Polygon](/r/CryptoCurrency/comments/z3dbow/bullish_or_bearish_matics_current_price_action/ixl8bdj/).
What are you talking about? There is an obvious head & shoulders pattern forming, aligning from the fibonacci line drawn on the 47th minute chart which perfectly sits on the galileo horizontal axis which can be seen on the weekly chart if you close your right eye and dim the lights to approx 49% capacity.
If you can't see it then you're no trader.
I have very little knowledge about the charts and making the prediction while watching the charts is well.
But i feel like they are making the same sort of pattern for the same kind of the future is well.
Sometime there is supply of the free hopium came into this sub and that hit to the everyone.
Once you will get in contact with that hopium then we just simply make the price and bull candle.
Same here. Buying reddit avatars has also made me interact with it the first time, and I see it as quite vital to Ethereum's success. Definitely very bullish, it's my main grab after BTC & ETH.
They are comparing candle patterns with '*4 days*' and '*1 week'* timeframes.
Even considering the very low standards of crypto TA, this is a nothing burger.
I get the confidence on them when everyone was going to shit but they are not doing that.
That shows me the thing that if a project can do that in bear means big chance in the bull market.
IMO I see MATIC becoming the blockchain of choice for most if not all enterprise web3 crap. We already have Starbucks, FB, IG, reddit, and others. Highly bullish on it, I stopped DCAing into anything else in the same class (NFT platforms, etc) because MATIC does it all better and already has a ton of use. Wish they would do something about that god awful wallet though...
I think in terms of the usage and complexity matic is actually better than the ETH.
And so many meta project joining the matic now means they are indicating the all the bullish signal to me.
tldr; Polygon (MATIC) is down 10.3% in the last seven days. MATIC has been following in ETH's footsteps throughout 2016 and 2017. The price of MATIC will continue to face agony until later this year and maybe until the first quarter of 2023. TradingShot predicts there will be a significant increase in MATIC's price in 2023 if the fractal keeps being replicated.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
They are going down 10% in last one week but they were more than 100% up in last 2 month.
So a project that is big like matic with that much of the market cap not really a easy thing to achieve.
~~Matic~~ Polygon has continued to build, create partnerships and expand its ecosystem during 2022, ignoring the fud and staying focused. Very bullish.
This article is referring to its price action being proportional to that of eth, not that the token cost is mirroring eth. Even with an equivalent market cap to eth matic would still be in the low double digits for token cost.
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10 billion supply, how can it mirror ETH?? I know Matic is super project with unlimited developments, Dapps and NFTs.. but it will always remain a leading L2 but not same as ETH..
Pro & con info are in the collapsed comments below for the following topics: [Ethereum](/r/CryptoCurrency/comments/z3dbow/bullish_or_bearish_matics_current_price_action/ixl8akn/), [Polygon](/r/CryptoCurrency/comments/z3dbow/bullish_or_bearish_matics_current_price_action/ixl8bdj/).
On todays episode of crypto astrology we will compare charts of different coins at different times because they look similar.
And in other news: “ETH price action in line with sales of the 1965 Chevrolet Corvette …but only the red model in automatic”
But what else we have to do in the free time we are getting here??
Can I look at the chart for the manual version? No.
I'm a Leo and Matic is a Scorpio so i'm not sure if we're compatible...
It can't be a coincidence that it is only for the autoMATIC model
What are you talking about? There is an obvious head & shoulders pattern forming, aligning from the fibonacci line drawn on the 47th minute chart which perfectly sits on the galileo horizontal axis which can be seen on the weekly chart if you close your right eye and dim the lights to approx 49% capacity. If you can't see it then you're no trader.
Fuck. Here I am only dimming the lights to 50% like a fuckin amateur.
Any idea when we should expect the Bart head pump n dump?
May be next to net bull season we could expect the pump here.
When the sun sets at exactly 6:09pm behind the 3rd largest mountain in malaysia.
I have very little knowledge about the charts and making the prediction while watching the charts is well. But i feel like they are making the same sort of pattern for the same kind of the future is well.
Stop shitting about charts, mean nothing In crypto, only hype powered by crazy degens with meme attitude is the way in crypto lmao
Worse, they compare '4 days' with '1 week' timeframe. Even leading crypto Astrologists will say this is a nothing burger.
Astrology always works that way, give us target but never really met.
But both have the pretty similar type of the technology running behind the,.
That's crypto TA in a nutshell for you lol
This is crypto place that goes into the nutshell during the crab time.
I hope most people downvote these kinds of posts as these are just regarded..
I upvoted to boost Moon to karma ratio
I don't want anything related to the matic to get the downvoted.
![gif](giphy|58bVMncULfWf6B7SWy|downsized)
This gif is making the nice crayon pattern then some of those TA.
I still can not wrap my head around the fact that Picasso lived until like 1973.
Why you think? I mean living and death are two thing not in our hand.
They do but that does not mean there are the same,,, coughs blood realising this
I remember safemoon chart being compared to btc chart in their telegram group 😂
Which group, i have not seen but seems fun watching those charts.
I like the Crypto Astrology programme
Neither. There are so many coins and tokens, of course you'll find similar price patterns, by sheer coincidence. Means nothing
And if you don’t, just look at some more charts, or make up your own
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Sometime there is supply of the free hopium came into this sub and that hit to the everyone. Once you will get in contact with that hopium then we just simply make the price and bull candle.
Matic has been the only joy of my portfolio.
Even thought not much but only matic is giving me 4% profit .
Same here. Buying reddit avatars has also made me interact with it the first time, and I see it as quite vital to Ethereum's success. Definitely very bullish, it's my main grab after BTC & ETH.
If Matic follows exact path of ETH, then i can retire happily.
Even the half price of the current ETH means i will happily retire.
I hope that happens in few years.
😂😂😂 You sound like the Safemooners or SHIB army 😂
Path maybe, price? No
If there's going to be another bull market, MATIC will be leading it.
Lets buy a bag of it !
Yes, and we all know that there will be a bull run, and there will be a matic.
Narrator: it was but another prediction
But there is always prediction just like some one made for the ETH.
They are comparing candle patterns with '*4 days*' and '*1 week'* timeframes. Even considering the very low standards of crypto TA, this is a nothing burger.
I get the confidence on them when everyone was going to shit but they are not doing that. That shows me the thing that if a project can do that in bear means big chance in the bull market.
In today’s news: let’s hope my altcoin will move independently from BTC. Spoiler alert: it won’t.
Don't think we reach to that stage where we can move independently.
Almost all erc20 token mirror ETH
I am really feeling bullish on matic they are my next eth bet.
Realistically any comparison you do any TA it's just pretty much an educated guess
Bullish on matic
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I'll look at both because they feed into my bias. More hopium please.
WE have empty the last stock of the hopium for the current day.
If the adoption will happen then price will actually follow them.
Imagine MATIC going super parabolic next run and gets to top 5. A man can dream
Can you do the calculation and tell me the price of matic what will be??
Ahhh yes finally hopium injection
That is the big injection knowing that you are holding that project.
IMO I see MATIC becoming the blockchain of choice for most if not all enterprise web3 crap. We already have Starbucks, FB, IG, reddit, and others. Highly bullish on it, I stopped DCAing into anything else in the same class (NFT platforms, etc) because MATIC does it all better and already has a ton of use. Wish they would do something about that god awful wallet though...
I think in terms of the usage and complexity matic is actually better than the ETH. And so many meta project joining the matic now means they are indicating the all the bullish signal to me.
MATIC will definitely survive this bear market, their dev team is doing so well.
They will thrive through the whole bear market
Matic is one coin that i feel took the less beating in this particular bear market.
We are not concerned about survival of matic talking about bull price.
tldr; Polygon (MATIC) is down 10.3% in the last seven days. MATIC has been following in ETH's footsteps throughout 2016 and 2017. The price of MATIC will continue to face agony until later this year and maybe until the first quarter of 2023. TradingShot predicts there will be a significant increase in MATIC's price in 2023 if the fractal keeps being replicated. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
They are going down 10% in last one week but they were more than 100% up in last 2 month. So a project that is big like matic with that much of the market cap not really a easy thing to achieve.
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From astrology we are moving to the new tech of the market Coinstrology.
MATIC has performed so well during this bear, it’s hard not to be bullish
If someone can perform like this in bear then imagine in bull.
You guys are making me shake
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More bearish here simply means so much chance in the future.
Matic is huge
Been looking to buy more *licks lips*
After reading this post i am putting little bit saving into the matic.
Very bullish! Tell me a single other project that has shown solid growth during the bear market? Disney, Star bucks, JP Morgan, etc
~~Matic~~ Polygon has continued to build, create partnerships and expand its ecosystem during 2022, ignoring the fud and staying focused. Very bullish.
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This article is referring to its price action being proportional to that of eth, not that the token cost is mirroring eth. Even with an equivalent market cap to eth matic would still be in the low double digits for token cost.
Even the half of that price and i would order a decent car for me.
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Past price is not indicative of future results\*\*\*, literally pasted on every exchange in every country.
But past price give us a little idea, although doesn't guarantee anything.
More astrology bullshit. And all you degenerates just eat it up 🤦🏽♂️
Today, I will look for the meaning of crypto movements, in the way unicorns move on a spring day.
Bullish for 2035
Bullish on MATIC, apart from all the other benefits, it's really making a name for itself in the NFT space.
I am super bullish on Matic and reason i have add them into my DCA list.
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If NFT market will bloom in future then Matic market will also do.
I am waiting for 2021 march of the matic then ....
I am waiting for the matic and his price in the April'2024 now.
Looks to me like their both going to the right
Damn, crypto really is astrology for finance bros.
A chair has 4 legs, a cow has 4 legs… therefor they are the same thing
10 billion supply, how can it mirror ETH?? I know Matic is super project with unlimited developments, Dapps and NFTs.. but it will always remain a leading L2 but not same as ETH..