This will be IMPORTANT for MATIC!! | Polygon Matic Price Prediction and Technical Analysis 2021

In this YouTube video, The Art Of Crypto provides a detailed technical analysis of Polygon (MATIC) across multiple timeframes, using tools such as Market Cipher, 50‑day and 200‑day exponential moving averages (EMAs), and money‑flow indicators. The presenter first examines the daily chart, highlighting strong support at the 50‑day EMA (~$1.00) and noting a potential bullish momentum wave, while also warning that money flow is turning red, suggesting outflows. He then moves to shorter timeframes, showing that MATIC has broken below the 200‑EMA on the 4‑hour chart, creating resistance and a bearish outlook unless a double‑bottom forms near $1.33. The video outlines two trading approaches: a long‑side strategy that waits for a double‑bottom and higher‑high confirmation, and a short‑side strategy based on an ascending‑wedge breakdown with specific entry points, stop‑losses (just above the 50‑EMA on the 1‑hour chart), and multiple profit‑taking levels. Throughout, the host emphasizes risk management, partial profit taking, and the importance of not letting a single loss wipe out the account. The video also promotes a private Discord community and a paid trading course, offering limited spots and discounts for crypto payments. The presenter concludes by urging viewers to like, subscribe, and stay disciplined in both bullish and bearish market conditions.
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What's up everybody, welcome back to The Art Of Crypto, the birthplace of absolutely legendary gains. In this video, let's take an updated look on MATIC because I know that a lot of you are involved in MATIC and an update would be highly, highly appreciated. And if you watched my previous video on MATIC, I said that MATIC wasn't looking good on the daily chart, it wasn't looking good on the 4-hourly, and that I was expecting downside for MATIC. And as you can see right now, it's playing out exactly the way that I called it. I I know the whole market is down, but MATIC in particular isn't showing a lot of strength at the moment. And guys, I called this. So if you do not watch my videos to the end, you're the only one that is missing out. And I just want to remind you to follow me on my Twitter @TheArtOfCrypto. This is where I am sharing the latest market updates and you are not going to want to miss out. And with that said, let's dive right into MATIC. So let's kick things off on the daily chart because it is impossible to get a sense of what is going to happen on the micro timeframe If we do not first understand what is going on on the macro timeframe, so let us bring up Market Cipher and let's take a look. At the moment, you can see that we are finding very very strong support at this white line here, which is a 50-day exponential moving average, which is going to be a very key level for Matic. And you can continue to expect Matic to find support at this 50 EMA, especially because at the moment on the daily chart, you can see that on Market Cipher. The momentum waves seem to be about to clip. A green dot might be about to form, which means that some upside to Matic might be starting soon. However, it is a bit too early to tell. And if there is one thing that I want to bring your attention to is money flow, right? This green thick wave right here, although at the moment it is not looking very thick. So what is happening at this moment in time is that money flow came up and then now it's coming down. So what does this mean? Well, basically, money flow is simply an indicator of how much money is entering the asset and how much money is leaving the asset. For example, when money flow was thick in the green like it is right now, you saw that MATIC had a massive, massive pump. That is because money is continually entering the asset. And when MATIC is, you know, going into a state of red, Which, if I can find an example, that would be brilliant. Yeah, so right here, notice how when money flow is thick in the red, although this is not the thickest that I have seen, you can see that MATIC was pretty much just in sort of like a micro bear market, right, for a period of, let's see, 174 days. So am I saying that MATIC is going into a micro bear market? No, absolutely not. It is just something that you are going to wanna keep in mind. Simply because at the moment, money flow is showing signs that it's going into the red. It means money is leaving the asset class. However, it is way too early to tell. Let's carry on. So right now, I'm just going to mark this level right here at you know $1, and this level right here at about $1.32 as very strong levels of support for Matic because these are two very major moving averages. So now that we have got a sense of what is going on on the macro level, let us jump into a lower time frame so that we can get. A better sense of what is going on on the micro level. Right off the bat, right, it does not look good for MATIC for one reason. If you just take a look at this purple line right here, this line is a 200-period exponential moving average. And if you are a longtime follower of this channel, you know that I always like to say that a 200 EMA on any chart is going to act as really good either dynamic support or resistance for any trend. Which means that at the moment, because MATIC has broke below it, at the moment it is going to act as a very strong resistance. In fact, in order for MATIC to be absolutely bullish, I'm going to want to see a double bottom formation on this level right here at 1.33 before breaking through all of these major moving averages, because every single one of these moving averages are going to be very strong resistance. And in order for MATIC to have upside, it is going to need to break through Every single one of them. So how would I trade MATIC? First up, I would look for MATIC to find support at the 50-day exponential moving average. And if MATIC is able to do that, what is going to happen is— so over here we're going to have our first bottom, and it's going to come up and it's going to come back down to this level to form a double bottom. So in this instance right here, you could actually enter at this level and set a stop loss right below this swing low. This is going to be quite a risky entry because we do not have any confirmation. I want you to keep in mind, right, Take a look out for this, right? Wait for it to come back down to this level and then move up, right? Maybe over here you can enter because over here you have confirmation that MATIC has found support at this level right here and that it has formed a double bottom. Usually a double bottom is a bullish reversal pattern, which means that on a prolonged downtrend, right, if I just draw a downtrend here, the way you see a downtrend reverse is for the price to, you know, come down, come down And then for it to form a double bottom at that same level. So this is going to be a bullish reversal pattern, which means that price is likely to end this downtrend. And especially if you form a higher high and a higher low as well, then this is going to be even more confirmation that the price, or rather the trend, is going to reverse. So at the moment, keep a lookout for that. That is going to be the first way that I would trade MATIC if I was you. So the second way is going to need us to go down to the 1-hourly timeframe because I was spotting something on MATIC earlier today, which I called in the private Discord group. And by the way, if you haven't already joined the private Discord group, this is where I'm sharing the most profitable trading setups. All you have to do is literally buy at the levels that I state and take profits at the levels that I state, such as this. And it is as easy as that. Automatic money could not be more true. And at the moment, there are only about 80 spots remaining for the private Discord group. And once it fills up, I am not planning on taking in any more people for quite a while. So if you have not already joined the private Discord group, I'm going to want you to head over to the link in the description and secure yourself a spot. And if you pay with crypto, you can get up to 40% off. So guys, hurry and sign up now before spots fill up. I would like to be able to dedicate focused attention to every single member in the group. That is why I don't like to have too many people in the group. Otherwise, it's gonna get really cluttered and I won't be able to provide the help necessary to every single one of you guys. So with that said, Let us get back into Matic, and I will tell you what entry that I was spotting on Matic. And that is, if we come down to this lower timeframe at the moment, you can see that previously Matic was forming this ascending wedge. And usually ascending wedges tend to break towards the downside. As you can see right now, Matic has just broken to the downside. Does that mean that, you know, you should get out of Matic? No, absolutely not. Because over at this channel, we are all traders. Traders can trade the market towards the upwards direction. And they can also trade it towards the downward direction, which means that if you were looking to short MATIC, I would actually short MATIC at about this level right here, or maybe even this level right here. So I want you to mark these 2 levels down on your own chart. And in fact, don't mark them yet. I'm gonna move this just a little bit upwards. So about these 2 levels right here, right? To be precise, these 2 levels. Now, why would I short MATIC here? So usually when you break out of a pattern, right, for a bullish pattern breakout, usually you'll break out and you come back down for a retest and then you move towards the upside. But in the moment, we are having a bearish pattern breakdown. So usually how that would look like is price doesn't simply just, you know, go straight down as many people might like to believe. Price actually will break down and then come back up for a retest before ultimately moving lower. So at the moment, MATIC is doing just that, which means if you wanted to enter into a MATIC short, I would actually enter right here Because this is going to be a really safe entry because you can just set your stop loss right above this 50 moving average on the 1-hourly. Because if the price were to break back above this level and go back into the pattern, then you know that your theory has been invalidated, which means it's okay to take the small loss. In fact, I always like to say that it's okay to be wrong. In fact, a lot of traders are wrong like half the time. What's important is that you do not let any single mistake wipe out your account. So at the moment, MATIC is not looking like the most bullish. I'm not gonna lie, I'm not gonna tell you guys that, you know, I'm biased towards that direction. No, absolutely not. Because at the moment, MATIC has broken through literally every single moving average, right, the major moving averages, and it's not looking pretty. I'm not gonna lie. So if you miss these 2 levels, right, and MATIC seems to break towards the upside, then you're gonna want to look for MATIC to break above this level right here at the 1.5 level. So if MATIC happens to be able to break above this level, right, if it breaks above, comes back down and finds support at this level, then MATIC is going to be bullish. Because over here at this channel, we do not be overly biased towards any given direction. So I'm giving you the bullish alternative right now. So basically, if MATIC breaks above this level right here, you can just enter at the break of the level. And as for take profit targets, I am actually going to look for past support and resistance levels, right? Because these are going to be major levels of support and resistance, and you're going to want to take profits at around those levels. So these levels that I'm marking out right now is going to be really good take profit levels for MATIC. And guys, don't make the mistake of not taking profits as you know the price is going up, because if you don't take profits, you have no capital to buy dips, and that is one of the worst feelings to have. And especially the worst feeling to have, right, is for the price to go all the way up, maybe 50% up, you don't take any profits, and it comes all the way back down to your entry. Don't do that, okay? It's okay to take some profits off the table. And if you really appreciate me doing videos like this, it would help me so, so much if you could just drop a like down below. It's a small gesture, but it really, really means a lot. So these are going to be the bullish take profit targets. I want you to take a moment Pause this video and go mark down these levels on your own chart. Now we are going to discuss the bearish breakdown targets, and I am going to mark them down right now. So these are going to be your take profit levels for a short, right? If you, if you do decide to short MATIC, this is going to be where you want to take profits. Am I saying that all of these targets will get hit? Absolutely not. In fact, the way that I would recommend people To take profits or stop loss or enter into any kind of a trade is to never do it in one lump sum. In fact, no trader that I know who knows what they're doing actually enters and exits in one lump sum. So what you do is because I've given you all of these levels, what you can do is let's say Matic breaks to the upside. So what you do is you know you take 25 off here, 25% here, maybe 25% here. And 25% here, because nobody knows where is the exact top, nobody knows where is the exact bottom. So that's why you take profit on the way, so that if the price reverses on you, you have money to either buy the dip or, you know, go short. And guys, seriously, if you really appreciate the fact that I always give you guys such a thorough analysis and I always give you guys exact levels on like exact ways on how I would play things, I want you guys to check out the private Discord group. Over here, not only are you going to get all these exact kind of calls, but you are also going to get access to a world-class trading education that is going to— like, seriously guys, like, forget the calls, right? That trading course that you're gonna get access to is literally going to set you up for life. Like, it's gonna pay itself off like in 1 or 2 trades, trust me. Secure your spot right now because I'm not gonna keep it open forever. And if you pay in crypto, you get up to 40% off. So remember, I'll see you in the private Discord group. Just keep in mind that until we get money flow going back into the green, right, either on the 4-hourly or on the daily chart, MATIC is not going to look pretty. But as traders, we can play both the upwards direction and the downwards direction. So mark down this level and mark down this level right here. This is going to be where I would choose to play MATIC. And again, if you enjoyed this video so far, a sub and a like would help me so much. And with that said, may the game It's been a pleasure being with you, and peace, my friend. Peace.






