POLC/USDTCurrently in wave 5 some indecision on the one day but a possible 28% if wave 5 continues just my thoughts i'am not a professional
Key stats
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Previous close
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Day's range
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POLC found support on the 50ma ( daily ) POLC found support on the 50ma ( daily )
the Moving Averages are set to the DAILY time frame
Market Cap: 1.7M
Category: Metaverse
Target 1: 0.02596
Target 2: 0.02907
Target 3: 0.03253
Stop Loss: 0.01895
Manage Risk - have a stop loss in place
price movement pre
Falling WedgeFalling wedge with no breakout yet. Bullish divergence on 4hr and 1D and weekly. Cipher B thing making higher lows as well as the RSI. MACD coiling up in a triangle and its Oversold pivot keeps climbing higher from the depths it was put in from the start. Possibly purple slanted diamond as well. I w
POLC Pay attention to the keyPay attention to the key. It is the point that determines the bullish reversal of POLC if the candle closes through that level.
Falling WedgeFalling wedge with bullish divergence on the RSI and SRSI on the daily. Andean oscillator shows the big downtrend red line has come all the way down and may let the green uptrend line breathe finally. Not exactly sure how to use it but its a nice one to use. Volume is declining as well.
Keep an eye on POLC👀POLC is currently approaching the bottom of a parallel channel and may reverse soon!
Inverted head and shouldersInverted head and shoulders Like other metaverse plays that has this pattern recently (e.g., CWAR, EPIK). Also above the 50 day MA on the daily chart. Potential 2X play from here.
POLC ready to break resistancePOLCACITY $POLC ready,
Enter the break at resistance level or Retest.
Lot of Metaverse news coming for this next month.
Mid term to long term hold.
POLC - Long...About to BraekoutPOLC upside momentum building up.
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POLC Bear Flag #polc What does a bear flag indicate?
The bearish flag is a candlestick chart pattern that signals the extension of the downtrend once the temporary pause is finished. As a continuation pattern, the bear flag helps sellers to push the price action further lower.
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