Polygon (MATIC) Cryptocurrency Price Prediction, Forecast, and Technical Analysis - Sept 2nd, 2021

3 years ago
13

https://www.patreon.com/justanalysis
Monthly 1 oz. Silver giveaway for every 20 Patreon contributors!
********
No major changes or new ideas from the prior analysis. There looks to be a head-and-shoulders pattern developing on the daily chart. The weekly chart shows considerable testing below the Kijun-Sen and price is barely holding the weekly Kijun-Sen as support. A Fibonacci Expansion shows a move to the $1.00 could occur and even lower to the mid to high $0.60's range.
The long idea from August 24th remains pending and open. Long idea from August 31tst remains pending and open. The short idea from August 30th remains pending and open.
********
Trade-Ideas
********
($0.025/3-box P&F Chart)
Buy Stop @ $1.55
Stop Loss @ $1.45
Profit Target @ $1.75

($0.05/3-box P&F)
Sell Stop @ $1.25
Stop Loss @ $1.45
Profit Target @ $0.85

Buy Limit @ $1.08
Stop Loss @ $1.37
Profit Target @ $0.95
********
Dollar-Cost Average
********
Buy Limit @ $1.01
Buy Limit @ $0.68

Loading comments...