This might be the most underrated project in the cryptosphere is it is certainly the most underrated token tied to the Polkadot ecosystem.
Polymesh Network testnet has been launched (aka Substrate/Polkadot)
A tool to help you upgrade your POLY on Ethereum to POLYX on Polymesh. POLYX is the protocol token of the Polymesh blockchain, used for network processing...
Polygon price today is $1 with a 24 hour trading volume of 2.6 Billion dollar. MATIC price is up 17% in the worst days of crypto market
bear market is the best time to build and Matic team used this opportunity splendidly, they partnered with Nubank, Meta, Reddit and other good banks and companies
now on btc pair we back to ATH again and usd pair hold its up...
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
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(POLYUSDT 1D Chart)
If it finds support and moves higher in the 0.1901-0.2136 area, I expect it to turn into an uptrend in the short-term and medium-term.
So, whether it can move higher than...
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...
if POLY is able to hold the current trend line it may test above test line levels. Break on either side from the triangle will decide which way its going to move next. 0.70 and .64 are important levels of support.
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 example, we also take into consideration the break above EMA10 and EMA21.
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