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Nick.TkgProfits

DOUBLE BOTTOM $POLX

Long
Polylastic / Tether (KUCOIN:POLXUSDT)  
Nick.TkgProfits Updated   
KUCOIN:POLXUSDT   Polylastic / Tether
Wave Analysis Chart Patterns Trend Analysis POLX POLXUSDT polxusd Contains image
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waveanalysis chartpattern trendanalysis polx polxusdt polxusd containsimage
POLX really intrigues me.. i think a lot gains are to be made, the only thing i can think that this pattern ends up being is a double bottom. My previous thought of a C/H doesn't make sense.

As you can see on the Adex Polx on the weekly is pretty much starting to bottom out. Thus far it's hit the .786 , it could go a bit lower and form a double bottom at the .886 as denoted by the green dotted line.

All the targets are as shown.



Good Luck!
Comment:
snapshot

- POLX will have a small pump, but don't get it twisted the overall structure for POLX is extremely bearish. And this is assuming where it's currently at is the bottom


- The team is selling tokens & there’s no real demand for it. 12 Billion tokens have been added to the circulating supply since April’s… in April it was 53, now it’s showing 65. 12 Billion tokens is a lot of tokens
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