LSE: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...
Polylastic looks like a really good buy as we're near the absolute lows. We have a parabolic curve which is flattening indicating that there may be a breakout very soon. Ideally we'd want to see one more drop before we move higher.
Trade idea:
- watch for a strong break out and enter with stops below the lows
- If we move down once more, watch for bullish price...
If you look at the price action in the grey box, they look almost identical.
The last time we saw that price action, we broke out around 250%! We could be seeing another breakout like this very soon.
Targets Mentioned on the chart.
Before jumping, DYOR
Dont forget to put stop loss, whether you are in spot trade on leverage trade.
POLX is making some really interesting price action.
If you look at the price action in the grey box, they look almost identical. The last time we saw that price action, we broke out around 250%! We could be seeing another breakout like this very soon.
Trade Idea:
- Watch for a break of the descending red trendline
- Enter with stops below the major ascending...
Today I went over micro caps looking for some decent setups and found this 5,747,918$ market cap coin. The price is currently in the area of previous resistance which is currently acting as support. It is also being supported by 200EMA(which is about to appear tomorrow as it's going to be the 200th daily candle) and dynamic support (orange)
Targets: All marked...
