Neat looking ascending triangle. Price moving in a tightening range with higher lows.
It may break lower for a quick squeeze (support likely at ~3.55 and ~3.45 -> 1d 20EMA and 4h 100EMA) before bouncing.
Otherwise, a nice breakout moon-side would be appreciated...
hi guys
polkastarter creat triangular pattern and if the downtrend line is broken we can expect growth
thank for support
make me very happy by like it
thanks to tradingview support team
POLS breakout of bearish price structure. Current resistance level is 3.5. Once price closes above that region in daily time frame , it will touch previous all time high. Overall expect new all time highs if bull market continues.
Disclaimer: Not a financial advise. This is purely for educational purposes. Good luck and happy trading!
#POLS maybe worth it to add this coin to your Watchlist. π
Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R)
add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation...
Long POLSUSDT
I will enter this long above the weekly resistane of 3.35. It has been consolidating in this range since October 16
Entry trigger 3.35
1st target 4.40 zone
Invalidation day close below 2.50
Pols is consolidating between golden ratio of fibs , Rsi and momentum appears good , I am still holding from previous Pols cup and handle breakout ..Keeping em diamond hands warm as TA on our side ..
Just need little news on Pols and its to the moon !!
Hello Everyone, If You Like The Idea You Can Support With A Like And Comment .
Polkastarter is a blockchain platform designed to provide an easy to use launchpad for cross-chain token pools and auctions. It is most commonly used by early-stage blockchain projects that want to raise capital and easily distribute their tokens at the same time.
Through...
ANALYSIS π
- POLS/USDT is currently on an uptrend.
- The market hit a swing high and retraced.
- Price is retesting the key fibonacci retracement zone (0.618 - 0.702 - 0.786) and the horizontal support level.
- There's a relatively high concentration of buyers at this zone (high buying pressure).
- The pullback retracement is resisted by the descending trendline...
Pols is good gem. Bullish in mid to long term. Following uptrend channel.
Market cap is good and has potential of 3 to 4x in mid term.
Coins in circulation are 81 million out of 100 million.
Set targets according to trendline and fib retracements.
Also forming cup and handle
Not financial advice
DYOR
Polkastarter has formed Cup and Handle pattern and is currently testing the level of strong resistance (2.23)
Entry: -- Buy on break or enter later on a local pullback --
Long-term targets:
TP1: 2.59
TP2: 3.20
TP3: 4.54
TP5: 5.63
TP6 : 7.87 (~250%)
TP7: OPEN++
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Polkastarter is a blockchain platform designed to provide an...
Polkastarter trying to break through an important area. Also formed a cup and handle on a daily timeframe. Not the best example but I think we can count it as a cup and handle. If POLS break through this area I think we can expect it to reach atleast 3$. We'll see...
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