Today I want to consider the position of perl, which, along with uft ooki pros cvp, has so far the highest goals for growth in the mid-range up to 3-5X and has repeatedly pleased with profits last year. The project is only developing and will still show itself. Today, perl was listed on CoinDCX, which will provide an increase in the volatility of the coin. Under...
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...
Polymath / POLYUSD crossed today above the Falling Resistance that dated back to September 4th 2021, the start of the Bear Cycle.
This is the first major bullish breakout signal, with the second and more decisive being when it will cross above the 0.382 Fibonacci level.
Be ready to buy that breakout and target the 0.618 Fibonacci at 0.4800, which was the...
Polygon has been trading in this channel since June of last year. It's near the bottom of the trend line, which happens to coincide with the 200MA on the daily chart. With all the bullish sentiment around Polygon, and large projects moving their ecosystems onto the chain, I'd expect to see a nice bounce towards the middle of the trading channel; followed by an...
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...
Polygon (formerly Matic Network) is a Layer 2 scaling solution backed by Binance and Coinbase. The project seeks to stimulate mass adoption of cryptocurrencies by resolving the problems of scalability on many blockchains
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Bear and bull ideas, had a video all done but it would not publish here on tradingview, not the first time this has happened. I was able to save it so its going...
What a amazing pump!
It’s nice to see such a big pump during these market conditions.
All eyes on the weekly close this Sunday. We want the weekly candle to close above the current trend line we are just under.
What’s everyone think?
Hi dear friends, hope you are well and welcome to the new trade setup of Polymath (POLY) with Bitcoin pair.
On a 4-hr time frame POLY has formed a huge bullish Butterfly pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
The buying force of POLY at $0.38 and $0.4 is still dominated so we can still believe in this zone and expect flash pumps to $0.48 and $0.56. The price area above $0.5 is still rejecting POLY so it needs to form sustainable bullish patterns before thinking of a strong increase in the near future.
♻️Condition : If 1-Day closes ABOVE 0.38$ zone
♻️Condition : If 1-Day closes ABOVE 0.5$ zone
🔴Buy : 0.55 - 0.5
🔴Sell : 0.7 - 0.9
♻️Condition : If 1-Day closes BELOW 0.5$ zone
🔵Sell : 0.5
🔵Buy : 0.45
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY...
A comparison between Polygon/matic (btc) and ETH(btc)
The structures are very similar
I have noticed also that both coins are primarily used in buying NFT's and other Internet items, further justifying the comparison
I have just bought some Polygon based on this comparison and the above assumption
POLYUSD is in favour of the bulls at this point
After a period of consolidation and a minor downtrend, price has reached a point where it is time to move up again
This downtrend period can be displayed as a triangle pattern
Three lines can be drawn along trends in the downtrend, the third showing where price has placed itself right above
It is also sitting right...