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1 extracted signal · 1 resolved · 0 still active
More Crypto Online14 Sept 2025, 23:40 UTC
AI-generated source summary
The analysis focuses on Polygon (MATICUSDT). On a four-day chart, the analyst notes that MATIC has "a lot of work to do" to establish an uptrend. Tracking correction wave 4, the analyst mentions the potential for Q4 to repeat the previous year's larger moves from October to December, which saw price increases of around 180%. In 2023 from October lows to March highs there was an increase of 130%. Currently in a local uptrend, if Q4 rhymes, further upside is anticipated, though no local top is observed. To confirm a more substantial uptrend, all five waves are needed, as opposed to the current three-wave move. Shifting to a shorter timeframe, MATIC is consolidating below the 100% extension, with the orange count possibly being A, B, and C waves. Should the bulls fail to drive prices above the 0.297 September swing high the support levels are 0.2278 and 0.19 cents. Upside momentum is preserved if the price holds above 0.228. With the asset below resistance and far from support, the risk is quite high, however if we manage to break above we may see a target close to 0.40 cents. It's noted that MATIC's current structure isn't clean, with slow upside momentum.
AI-generated summary based on the source content.
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Signals in this source
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