POLYGON - MATIC/USD - 1H - Technical analysis published on 03/11/2022 (GMT)
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- 0
- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Neutral
Technical indicators
83%
0%
17%
My opinion
Neutral between 1.41 USD and 1.47 USD
My targets
-
My analysis
There is no clear trend on POLYGON - MATIC/USD either on the basics or in the short term. Under these conditions, it is difficult to advise a trading direction. Staying away seems to be the best solution. The first resistance is located at 1.47 USD. The first support is located at 1.41 USD.
In the very short term, technical indicators are bullish and could soon allow change to a bullish sentiment.
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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 1.45 USD. The price registered an increase of +0.69% on the session and was between 1.41 USD and 1.48 USD. This implies that the price is at +2.84% from its lowest and at -2.03% from its highest.1.41
1.48
1.45
Here is a more detailed summary of the historical variations registered by POLYGON - MATIC/USD:
Technical
A technical analysis in 1H of this POLYGON - MATIC/USD chart shows a neutral trend. This indecision is confirmed by the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals 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
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
MACD indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.22 | 1.37 | 1.41 | 1.45 | 1.47 | 1.51 | 1.56 |
| Change (%) | -15.86% | -5.52% | -2.76% | - | +1.38% | +4.14% | +7.59% |
| Change | -0.23 | -0.08 | -0.04 | - | +0.02 | +0.06 | +0.11 |
| Level | Minor | Minor | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.30 | 1.35 | 1.40 | 1.45 | 1.50 | 1.55 | 1.60 |
| Camarilla | 1.41 | 1.42 | 1.43 | 1.44 | 1.45 | 1.46 | 1.47 |
| Woodie | 1.29 | 1.35 | 1.39 | 1.45 | 1.49 | 1.55 | 1.59 |
| Fibonacci | 1.35 | 1.39 | 1.42 | 1.45 | 1.49 | 1.52 | 1.55 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.11 | 1.26 | 1.39 | 1.54 | 1.67 | 1.82 | 1.95 |
| Camarilla | 1.43 | 1.46 | 1.48 | 1.51 | 1.54 | 1.56 | 1.59 |
| Woodie | 1.09 | 1.26 | 1.37 | 1.54 | 1.65 | 1.82 | 1.93 |
| Fibonacci | 1.26 | 1.37 | 1.44 | 1.54 | 1.65 | 1.72 | 1.82 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.39 | 0.82 | 1.22 | 1.65 | 2.05 | 2.48 | 2.88 |
| Camarilla | 1.39 | 1.47 | 1.54 | 1.62 | 1.70 | 1.77 | 1.85 |
| Woodie | 0.38 | 0.81 | 1.21 | 1.64 | 2.04 | 2.47 | 2.87 |
| Fibonacci | 0.82 | 1.14 | 1.33 | 1.65 | 1.97 | 2.16 | 2.48 |
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): | 61.62 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | 10.21 | |
| AROON (14): | 71.42 | |
| DEMA (21): | 1.45 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.41 | |
| Elder Ray (13): | 0.02 | |
| Super Trend (3,10): | 1.48 | |
| Zig ZAG (10): | 1.46 | |
| VORTEX (21): | 1.1300 | |
| Stochastique (14,3,5): | 80.95 | |
| TEMA (21): | 1.46 | |
| Williams %R (14): | -28.57 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | 0.4500 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0200 | |
| Courbe Coppock: | 2.36 |
| MA7: | 1.46 | |
| MA20: | 1.50 | |
| MA50: | 1.62 | |
| MA100: | 1.95 | |
| MAexp7: | 1.45 | |
| MAexp20: | 1.45 | |
| MAexp50: | 1.45 | |
| MAexp100: | 1.46 | |
| Price / MA7: | -0.68% | |
| Price / MA20: | -3.33% | |
| Price / MA50: | -10.49% | |
| Price / MA100: | -25.64% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -0% | |
| Price / MAexp50: | -0% | |
| Price / MAexp100: | -0.68% |
Quotes :
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Real time data
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