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 is having a strong (1d) candle, crossing over both the MA50 and MA200 (1d). This is not a bullish signal yet as the long term pattern remains a Channel Down, particularly bearish under the Falling Resistance. Trading Plan: 1. Sell as long as the (1d) candles close under the Falling Resistance. 2. Buy if it closes over it. Targets: 1. 0.1150 (Support...
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...
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...
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...
Many #Altcoins had local double tops after the recent run up which look like they could form W bottoms. Scan your favorite coin and it likely created a local double top or ran into long term trend lines. MATIC 4hr Entry: 0.72-0.73 T1: 0.785 Top of the pattern which would become triple top if failure to break the neck line. T2: 0.835 SL: 2-4% below entry...
Horizontal lines can be drawn and used as points of resistance The recent bull move kicked price up to the middle line Now the move we are seeing may extend to the upper line, breaking past the horizontal resistance in red 1.618 of this fib circle seems to be acting very bullishly for POLY I would like to see 0.5c
POLYUSDT(Polymath) Daily timeframe range. another alt which is not that old. for that the chart is clean and not much of reliable data's. but lots of room for progress and devs got room for to put things on their plate. apart from that volume is decent here. we can see some solid positions setups here.
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
Hi dear friends, hope you are well and welcome to the new trade setup of Polymath (POLY). After the previous major drop of 2020, I shared the below harmonic move with you and Poly surged more than 750% Now after the current major drop, on a weekly time frame, Poly has formed a bullish Gartley pattern: Note: Above idea is for educational purpose only. It is...
hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (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...
POLY/USDT Entry Range: $0.39 - 0.045 Price Target 1: $0.52 Price Target 2: $0.65 Price Target 3: $0.75 Stop Loss: $0.36
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 $0.5 is still rejecting POLY so it needs to form sustainable bullish patterns before thinking of a strong increase in the near future. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.38$ zone 🔴Buy :...
In short term, it is the end of the C. so it might do a rally->1-2-3-4-5 But the ABC pattern on the big picture seems inevitable. My guess is it will drop soon in the next 30 days.
. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.5$ zone 🔴Buy : 0.55 - 0.5 🔴Sell : 0.7 - 0.9 📈BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.5$ zone 🔵Sell : 0.5 🔵Buy : 0.45 ❓Details 🚫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...
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.