POLYGON - MATIC/USDT - 15 min. - Technical analysis published on 03/09/2024 (GMT)
- 227
- 0
- Timeframe : 15 min.
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bullish
Technical indicators
50%
6%
44%
My opinion
Neutral between 1.14 USDT and 1.17 USDT
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on POLYGON - MATIC/USDT. It is difficult to advise a trading direction under these conditions. The first resistance is located at 1.17 USDT. The first support is located at 1.14 USDT. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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.
This analysis was given by trader_57583. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The POLYGON - MATIC/USDT price is 1.14 USDT. The price has increased by +0.89% since the last closing with the lowest point at 1.12 USDT and the highest point at 1.14 USDT. The deviation from the price is +1.79% for the low point and 0% for the high point.1.12
1.14
1.14
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
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:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 15 min. chart of POLYGON - MATIC/USDT indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the overall trend could quickly return to neutral as well. An assessment of moving averages reveals a bearish signal that could impact this trend:
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 15 minutes
Technical indicators are slightly bullish. There is therefore considerable uncertainty about the continuation of the increase.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.00 | 1.03 | 1.12 | 1.14 | 1.15 | 1.18 | 1.26 |
| Change (%) | -12.28% | -9.65% | -1.75% | - | +0.88% | +3.51% | +10.53% |
| Change | -0.14 | -0.11 | -0.02 | - | +0.01 | +0.04 | +0.12 |
| Level | Minor | Major | Intermediate | - | Minor | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.01 | 1.06 | 1.09 | 1.14 | 1.17 | 1.22 | 1.25 |
| Camarilla | 1.11 | 1.12 | 1.12 | 1.13 | 1.14 | 1.15 | 1.15 |
| Woodie | 1.01 | 1.06 | 1.09 | 1.14 | 1.17 | 1.22 | 1.25 |
| Fibonacci | 1.06 | 1.09 | 1.11 | 1.14 | 1.17 | 1.19 | 1.22 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.86 | 0.91 | 1.00 | 1.05 | 1.14 | 1.19 | 1.28 |
| Camarilla | 1.05 | 1.06 | 1.08 | 1.09 | 1.10 | 1.12 | 1.13 |
| Woodie | 0.88 | 0.92 | 1.02 | 1.06 | 1.16 | 1.20 | 1.30 |
| Fibonacci | 0.91 | 0.96 | 1.00 | 1.05 | 1.10 | 1.14 | 1.19 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.49 | 0.63 | 0.81 | 0.95 | 1.13 | 1.27 | 1.45 |
| Camarilla | 0.91 | 0.94 | 0.97 | 1.00 | 1.03 | 1.06 | 1.09 |
| Woodie | 0.52 | 0.64 | 0.84 | 0.96 | 1.16 | 1.28 | 1.48 |
| Fibonacci | 0.63 | 0.75 | 0.82 | 0.95 | 1.07 | 1.14 | 1.27 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 60.63 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 4.34 | |
| AROON (14): | 35.71 | |
| DEMA (21): | 1.14 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.13 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 1.13 | |
| Zig ZAG (10): | 1.14 | |
| VORTEX (21): | 1.1400 | |
| Stochastique (14,3,5): | 96.12 | |
| TEMA (21): | 1.14 | |
| Williams %R (14): | -11.29 | |
| Chande Momentum Oscillator (20): | 0.00 | |
| Repulse (5,40,3): | 0.1100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 0.59 |
| MA7: | 1.12 | |
| MA20: | 1.05 | |
| MA50: | 0.91 | |
| MA100: | 0.89 | |
| MAexp7: | 1.14 | |
| MAexp20: | 1.14 | |
| MAexp50: | 1.14 | |
| MAexp100: | 1.14 | |
| Price / MA7: | +1.79% | |
| Price / MA20: | +8.57% | |
| Price / MA50: | +25.27% | |
| Price / MA100: | +28.09% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0% |
Quotes :
-
Real time data
-
Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis POLYGON - MATIC/USDT - 15 min.