Technical analysis by Miketubarao about Symbol POL: Buy recommendation (12/14/2024)

Matic is looking to reach the highs from 2023 and 2024, if it manages to close the weekly candle above $0,61 would indicate a good chance to reach these levels. Moneyflow is increasing in the monthly timeframe and strong weekly bullish divergences since 2023. The target is between fibonacci retracement levels from feb 2022 highs to nov 2024 lows, fibonacci extension levels from nov 2024 lows to dec 2024 highs to the last low, monthly/weekly levels and anchored vwap from mar 2021 to now.TARGET: $1,2298 to $1,4781 up to (+140%)