Hi dear friends, hope you are well and welcome to the new trade setup of Polkastarter (POLS) with US Dollar pair.
On a 4-hr time frame, POLS is about to complete the final leg of a bullish Gartley 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
Hello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for POLSUSDT
In this chart, there is R2 as the resistance line that includes the unsuccessful triumphs of the price to rise. R1 used to be a support line as well as S1 which is another support line and both contain the support of the price since the past....
A strong consolidation after a continuous bear trend
Price is slowly bouncing back. It's a healthy bounce back after weeks of consolidation.
We can expect a strong bullish from this point.
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POLS is approaching the $0.55 zone, which is a very strong resistance that it has been rejected continuously since mid-June. However, at this time, the possibility of breaking through this zone is very high as it is being supported by the accumulation coming from the Symmetrical Triangle pattern.
If it overcomes this $0.55 zone, it will have a strong rally to the...
#POLS/USDT Profit update:-
$POLS currently trading at $0.54 and went down till $0.0503
Our Target perfect hit.
-63% down from Our entry.
Hope you saved your money.
My Exit Point:- $1.50-$2.0
Now Trading:- $0.54
Now You can buy Small Fund not all.
2-3% of your Portfolio.
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Between 0.81 - 0.59 (and even lower, good accumulation area for investors)
almost all indicators shows its time to buy
Long term conservative targets 8.28$ and 10.95$
I bought personally POLS so I can stake it during this bull run and join in whitelists for IDO polkastarter projects.
#POLS/USDT TA Update:-
$PolkaStarter Current price is $1.41
As per chart $POLS is bearish at this time.
As per chart Formed Head & Shoulder pattern and This Pattern already broke down the Neck Line Support.
If $POLS break $1.50 level then Bullish otherwise We can see $0.5 in near future.
Major level is $1.50
So If break $1.50 above then Bullish...
POLS is near its support. A falling wedge pattern appeared on the chart (as well as on many other coins). This coin needs positive response from bitcoin for growth, without it growth is unlikely.
Support zone 1.36-1.52
Nearest resistance zone is 2.05-2.34
I pretty new to TA and this is my point of view how Polkasterter will go in long-term.
Low volume and form of week candle can be a signal of reversal+rsi pretty overbought. Next week will be interesting.