Polkastarter (POLS)On the above 3-day chart price action has corrected over 90% since the sell signal in October 2021 (not shown). Now is a good opportunity to go long. Why?
1) A strong buy signal prints. (not shown).
2) Price action resistance breakout.
3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period. The idea is a mirror copy of the LCX idea 48hrs ago.
Is it possible price action could fall further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.