💎Technical Analysis Summary💎
BINANCE: POLYBTC
-Polymath is now testing the major support area
-This zone is a confluence of previous support and resistance
-I don't recommend to enter a buy position now
-My advice is to wait to form a consolidation base
-And look for any reversal signs like pattern
-You may enter on the upside breakout confirmation
-Target the...
POLY/BTC
-The support located at 420 sat range is already broken down
-Since there is no clear support located after the breakdown
-It will likely revisit the 200D MA plus previous resistance zone
-That's the key areas where Buyers will enter the market
-For potential Bounce trade setup to retest the previous neckline support