Polymath (POLYUSD) is having an incredible 2-day stretch and is testing the Lower Highs trend-line (from October 06 2021) for the first time September 08 2022. A 1D candle closing above it will be a buy signal for us, targeting 0.3250 (the 0.382 Fibonacci) on the short-term and if another candle closes above it, then Resistance 1 (0.4750).
On the contrary, as long as we close below the Lower Highs trend-line, we will sell and target the 1D MA50 (projected target at 0.1850). With the 1D RSI testing the overbought Resistance, there are high probabilities for a rejection.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
On the contrary, as long as we close below the Lower Highs trend-line, we will sell and target the 1D MA50 (projected target at 0.1850). With the 1D RSI testing the overbought Resistance, there are high probabilities for a rejection.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
I'm leading Team TRADINGSHOT in WhiteBIT Trade Battle💰50k USDT rewards
Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
Disclaimer
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.
I'm leading Team TRADINGSHOT in WhiteBIT Trade Battle💰50k USDT rewards
Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
Register before May 26👉 tradingshot.short.gy/WhiteBit
Join Team👉 tradingshot.short.gy/WhiteBitBattle
For Forex I use👉 tradingshot.short.gy/Tradenation
Disclaimer
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.