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Polkastarter / USDT

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POLSUSDT trade ideas

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.
Long
by without_worries
2
POLS/USDT Poised for a Bullish Break from the Demand Zone?🚀POLS💎Paradisers, attention is due as #POLSUSDT showcases a compelling maneuver, nestled within a demand zone and on the verge of a potential bullish breakout. 💎 Observing #POLS, we've identified a descending channel pattern, with current price action flirting with the horizontal supply zone between $0.8699 and $0.9702. Now, as the price pivots back towards this range, there's a burgeoning chance for it to sustain its upward trajectory and launch into a significant bullish journey once more. 💎 As astute traders, we're always contemplating alternate outcomes. Should the initial bullish anticipation not materialize, we're eyeing a bullish recovery from a secondary point of interest at the lower demand level of $0.7681. A descent below this marker could spell a considerable retreat.
Long
by MyCryptoParadise
POLSUSDT Skyrockets by 249%, Reaching $1.3976! 🚀All Targets: done✅ Entry price: 0.400$✅ Price reached :1.3976$ ✅ Profit: 249% ✅🚀🚀🤑 In a remarkable surge, the cryptocurrency POLSUSDT has experienced an impressive gain of 249%, achieving a notable price of $1.3976. This substantial ascent underscores the coin's strong bullish momentum, capturing the attention of traders and investors alike. Stay tuned for further insights as POLSUSDT continues its upward trajectory in the dynamic world of cryptocurrency.
Long
by Altcenter_Analysis
Polkastarter Must be taken Seriously and Invested Now 22/02/2021polkastarter as the next step for truly interoperable DeFi. A Protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot. With Polkastarter, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard. In order to leverage advantages, smooth interoperability between various networks is a key to success. The killer feature of Polkastarter is the possibility of making cross-chain swaps, powered by the Polkadot ecosystem, which can provide higher throughput for faster and cheaper transactions while staying connected to the Ethereum Network and other blockchains for liquidity. Other features include permission less listings, token swaps by smart contract, private pools with password, whitelisting and high slippage price alerts. Pools will have several types of swaps, including fixed ratio swaps, dynamic ratio swaps, dutch auctions and even sealed-bid auctions. Technical: we may see some retracing and bearish move down but it is ultimately will raise and rally as this protocol is very essential and we can target the Fibonacci expansions as our coming targets there are total of 2 TPs which one is blow the ATH and the other is above it and can be counted as a starting place
Long
by BitonGroup
25
🔥📉 Falling Wedge Alert on $POLS! Bullish Reversal Brewing?Hey traders! Today, I want to bring your attention to an intriguing chart pattern on $POLS (Polkastarter). Let's dive into the falling wedge pattern and explore the potential for a bullish reversal. 📊💡 Pattern: Falling Wedge 📉🔽 Symbol: $POLS 💰 Overview: A falling wedge is a bullish chart pattern characterized by converging trendlines, with the upper trendline sloping downward and the lower trendline sloping upward. It often signals a potential trend reversal from bearish to bullish. Now, let's analyze the falling wedge pattern on $POLS in more detail. ⚡💹 Key Features of the Falling Wedge on $POLS: Converging Trendlines: Notice how the upper trendline connects lower highs, while the lower trendline connects higher lows. This pattern suggests a potential shift in market sentiment. 📈📉 Decreasing Volatility: Observe the gradual contraction of price range and declining trading volume as the pattern develops. These characteristics may indicate diminishing selling pressure. 📉🔻📈 Breakout Expectations: A falling wedge pattern often precedes a bullish breakout. Traders typically await a decisive move above the upper trendline for confirmation. However, exercise caution and wait for a clear breakout before initiating trades. 🚀📈 Trading Strategy: Entry Point: Consider entering a long position once $POLS breaks above the upper trendline of the falling wedge pattern. This breakout could signal a potential trend reversal and the start of a bullish move. ⬆️💰 Stop-Loss: Place a stop-loss order below the lower trendline to manage risk and protect against potential downside. ⛔️📉 Target Levels: Identify key resistance levels or previous swing highs as profit targets. Adjust your position size and take profits accordingly. 🎯📈 Risk Management: Implement proper risk management techniques, including position sizing, stop-loss orders, and adherence to your trading plan. Always be mindful of the inherent risks involved in trading cryptocurrencies like $POLS. ⚠️💼💡 Disclaimer: Trading cryptocurrencies carries risks, and it is essential to conduct thorough analysis and seek professional advice before making any investment decisions. #FallingWedge #POLS #Cryptocurrency #BullishReversal #TradingStrategy #TechnicalAnalysis #ProfitTargets #RiskManagement In conclusion, the falling wedge pattern identified on $POLS indicates the potential for a bullish reversal. However, exercise patience and wait for a confirmed breakout before making any trading decisions. Stay tuned for further updates on $POLS! 🚀📊 (Note: This post is for informational purposes only and should not be considered as financial advice.) 💡💼📚
Long
by STP_MrNodeItAll