Polymath Prints High Volume On Falling Wedge (~350% to ATH)

BINANCE:POLYBTC   Polymath / Bitcoin
Polymath ( POLYBTC ) just printed a high volume bar on a falling wedge pattern, we have the potential for a strong bounce ahead.

Looking at the chart above, we have a falling wedge which is a bullish pattern and a breakout attempt which was quickly rejected, but this can be taken as an early signal for future bullish action.

  • We can see the MACD going flat and starting to curve up.
  • The RSI recently hit oversold and is coming out of it. Almost always a bullish wave follows after the RSI hits oversold.
  • Up to 350% profits potential to All-Time High ( ATH ).

If EMA10 or the falling wedge trendline can be broken with good strength and volume , POLYBTC can do an impulsive move to the upside.

Current price is trading at new all-time lows. The only time POLYBTC went lower happened on the 14th August '18 and 22 February '19, only by a wick. So basically we have POLYBTC trading at new lows.

This is a friendly reminder and not a piece of trade advice.
All information shared for learning and entertainment purposes only.

Feel free to hit like to show your support.

Thanks a lot for reading.

Comment: Looking beautiful, we are following the blue path... PolyMath is getting ready.
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in the name of buda , but charging money for a premiun acount in own chanel ... may all humans be happy , may all humans pay in my premiun acc ... sorry man , but i only loose time and money with you , im really desapoint with u analised on BTT 45 days ago u start to recomend to invest in BTT ... and i no want to talk about another coins
@bambulero, I will be sharing many more analysis, trades, and coins in the future, so learn how it all works.

Here is the BTTBTC trade, full and active... Namaste.

Zenus alanmasters
@alanmasters, keep up the good work, don`t listen to @bambulero. nobody can be right all the time. thank you for your ideas.
@Zenus, My pleasure, your support is truly appreciated.
bambulero alanmasters
@alanmasters, sorry , just got desperate ... it was a hard month waiting , you do a great job , no lisen to me
@bambulero, Understood, all good, no hard feelings. :)
the art of say nothing saying something ...
same chart than BTT , im still waiting 1 month ago
+1 Reply
@bambulero, Patience is key... You are doing great, keep on waiting.
+1 Reply
bambulero alanmasters
@alanmasters, sorry , just got desperate ... it was a hard month waiting , you do a great job , no lisen to me
+1 Reply
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