POLYUSD Crucial bullish break out. Just 1week MA100 left now.

Polymath / POLYUSD crossed over the Falling Resistance, which has been supressing the price during the Bear Cycle since the August 2021 High.

In the meantime, the price succesfully crossed also over the 0.236 Fibonacci level.

The last Resistance standing is the 1week MA100 (sitting on the 0.382 Fib).

If broken, take a buy position and target 0.4775 (Fibonacci 0.618 and September 5th 2022 High).

Notice that the 1week MACD is very undervalued, on a Bullish Cross under the 0 mark.

Follow us, like the idea and leave a comment below!!

TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!

🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.