POLYGON - MATIC/USD - 1H - Technical analysis published on 11/04/2021 (GMT)
- 234
- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Slightly bullish
Technical indicators
22%
44%
33%
My opinion
Neutral between 1.87 USD and 2.00 USD
My targets
-
My analysis
The basic trend is slightly bullish and the short term is tentatively bearish. With such a pattern, the price could just as easily move towards the first support as the first resistance. The first support is located at 1.87 USD. The first resistance is located at 2.00 USD. With no basic trend, it will be important to monitor the reaction of the price to the levels cited. A bearish break in the support could quickly reverse the basic trend. A bullish break in resistance would be welcome to boost the slightly bullish basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement registered by POLYGON - MATIC/USD.
In the very short term, technical indicators are neutral and are not able to influence the opinion of this analysis.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The POLYGON - MATIC/USD rating is 1.92 USD. The price is lower by -5.88% since the last closing with the lowest point at 1.92 USD and the highest point at 2.04 USD. The deviation from the price is 0% for the low point and -5.88% for the high point.1.92
2.04
1.92
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of POLYGON - MATIC/USD in 1H shows an overall slightly bullish trend. 46.43% of the signals given by moving averages are bullish. Caution: the slightly bearish signals currently given by short-term moving averages indicate that this slightly bullish trend could be reversed. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 100
Type : Bearish
Timeframe : 1 hour
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 6 are neutral and 8 are bearish. No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.74 | 1.80 | 1.91 | 1.92 | 2.00 | 2.13 | 2.22 |
| Change (%) | -9.38% | -6.25% | -0.52% | - | +4.17% | +10.94% | +15.63% |
| Change | -0.18 | -0.12 | -0.01 | - | +0.08 | +0.21 | +0.30 |
| Level | Major | Intermediate | Major | - | Intermediate | Intermediate | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.73 | 1.83 | 1.94 | 2.04 | 2.15 | 2.25 | 2.36 |
| Camarilla | 1.98 | 2.00 | 2.02 | 2.04 | 2.06 | 2.08 | 2.10 |
| Woodie | 1.73 | 1.83 | 1.94 | 2.04 | 2.15 | 2.25 | 2.36 |
| Fibonacci | 1.83 | 1.91 | 1.96 | 2.04 | 2.12 | 2.17 | 2.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.84 | 1.18 | 1.53 | 1.87 | 2.22 | 2.56 | 2.91 |
| Camarilla | 1.68 | 1.74 | 1.81 | 1.87 | 1.93 | 2.00 | 2.06 |
| Woodie | 0.84 | 1.18 | 1.53 | 1.87 | 2.22 | 2.56 | 2.91 |
| Fibonacci | 1.18 | 1.45 | 1.61 | 1.87 | 2.14 | 2.30 | 2.56 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.22 | 0.67 | 1.31 | 1.76 | 2.40 | 2.85 | 3.49 |
| Camarilla | 1.64 | 1.74 | 1.84 | 1.94 | 2.04 | 2.14 | 2.24 |
| Woodie | 0.31 | 0.72 | 1.40 | 1.81 | 2.49 | 2.90 | 3.58 |
| Fibonacci | 0.67 | 1.09 | 1.35 | 1.76 | 2.18 | 2.44 | 2.85 |
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): | 45.97 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -10.26 | |
| AROON (14): | -92.86 | |
| DEMA (21): | 1.98 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.02 | |
| Elder Ray (13): | -0.01 | |
| Super Trend (3,10): | 2.06 | |
| Zig ZAG (10): | 1.97 | |
| VORTEX (21): | 1.0200 | |
| Stochastique (14,3,5): | 29.63 | |
| TEMA (21): | 1.96 | |
| Williams %R (14): | -66.67 | |
| Chande Momentum Oscillator (20): | -0.02 | |
| Repulse (5,40,3): | -0.1400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0500 | |
| Courbe Coppock: | 4.55 |
| MA7: | 1.95 | |
| MA20: | 1.73 | |
| MA50: | 1.44 | |
| MA100: | 1.39 | |
| MAexp7: | 1.97 | |
| MAexp20: | 1.99 | |
| MAexp50: | 1.98 | |
| MAexp100: | 1.96 | |
| Price / MA7: | -1.54% | |
| Price / MA20: | +10.98% | |
| Price / MA50: | +33.33% | |
| Price / MA100: | +38.13% | |
| Price / MAexp7: | -2.54% | |
| Price / MAexp20: | -3.52% | |
| Price / MAexp50: | -3.03% | |
| Price / MAexp100: | -2.04% |
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/USD - 1H