Polkastarter has formed Cup and Handle pattern and is currently testing the level of strong resistance (2.23)
Entry: -- Buy on break or enter later on a local pullback --
TP6 : 7.87 (~250%)
Polkastarter is a blockchain platform designed to provide an...
Polkastarter trying to break through an important area. Also formed a cup and handle on a daily timeframe. Not the best example but I think we can count it as a cup and handle. If POLS break through this area I think we can expect it to reach atleast 3$. We'll see...
Polkastarter is Getting Started!
Let's keep and eye on it.
Candles getting smaller and supporting on trendline (+)
Candles ridding over 20MA as support (+)
Resistance at daily 3859 sats daily (-)
Resistance at 50MA (-)
RSI on bearish region (-)
Volume is getting low, may seen in coming days (-)
MACD lossing momentum (-)
The Polkastarter token POLS looking ready for a breakout if it manages to move above the diagonal and horizontal (weekly) resistance area around $4.47.
We will be looking for a support in the current area - $3.9-$4 where the 21-day EMA lies, with the uptrend diagonal support also sitauted nearby.
Target: Last visited high at $5.5 - 35% precent from the...