Let's have a look at a classic... Bullish divergence.
Here is the MACD, just notice the higher lows from to present time (late June).
Now take a look at POLYBTC:
The bullish divergence is a strong signal and very easy to spot.
We also need other signals to support this one, for...
Looks like the pair is on the move,
I like the previous impulsive move,
I like the rounding bottom formed,
I like the resistance that become to support area for now
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It...
This is a personal research and idea for investment. DYOR and TIT...
This is Polymath $POLY coin against BTC pair on a hourly chart .
Rounded Bottom (RB)
Parabolic Curve Theory ( PCT )
Price Action (PA)
BTC ( Bitcoin )
T/K (Tenkan/Kijun; Blue/Yellow lines)
Sats . (Satoshis)
This is a short-term pattern that will develop...
After one mega run poly manages to retrace to 0.618 fib (golden pocket) forming support at previous high
I would accumulate here before the next leg up. Ideal Enter would be below 700 Sat
Stop-loss if price closes below 640 on 3-day chart or if u wanna play safe 630 sat
It's time to buy from POLYMATH. This is my analysis on POLYMATH, I personally think it can achieve more than 100% in the long term. You have to be patient and wait for the right time. I expect it to rise 50% within this month. I see a lot of potential within POLYMATH because it has to rebuild itself since it has been low for a long time. Now that I've seen it up...
On the weekly chart, the price action of the Polymath token is moving in a falling wedge pattern. The volume profile is showing less interest of traders close to the support and strong interest above the resistance of this pattern. The lower bands of Bollinger bands is also above the support of the wedge and the upper band is also above the resistance...