Let's have a look at a classic... Bullish divergence.
Here is the MACD, just notice the higher lows from to present time (late June).
Now take a look at POLYBTC:
The bullish divergence is a strong signal and very easy to spot.
We also need other signals to support this one, for...
Looks like the pair is on the move,
I like the previous impulsive move,
I like the rounding bottom formed,
I like the resistance that become to support area for now
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It...
This is a personal research and idea for investment. DYOR and TIT...
This is Polymath $POLY coin against BTC pair on a hourly chart .
Rounded Bottom (RB)
Parabolic Curve Theory ( PCT )
Price Action (PA)
BTC ( Bitcoin )
T/K (Tenkan/Kijun; Blue/Yellow lines)
Sats . (Satoshis)
This is a short-term pattern that will develop...
POLYBTC is testing an important trandline, after bounced on daily support. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at...
After one mega run poly manages to retrace to 0.618 fib (golden pocket) forming support at previous high
I would accumulate here before the next leg up. Ideal Enter would be below 700 Sat
Stop-loss if price closes below 640 on 3-day chart or if u wanna play safe 630 sat
It's time to buy from POLYMATH. This is my analysis on POLYMATH, I personally think it can achieve more than 100% in the long term. You have to be patient and wait for the right time. I expect it to rise 50% within this month. I see a lot of potential within POLYMATH because it has to rebuild itself since it has been low for a long time. Now that I've seen it up...
Polymath has entered oversold territory on the RSI. The price has dipped quite a bit but the OBV has not turned negative so much.
This is most likely a shakeout and Poly will reverse shortly and bounce back higher.
On the fundamental side they will release their new blockchain called Polymesh which is catered to Security Token Offerings (STOs).
With the influx...
Going to be laddering in buys here for Poly/BTC.
Coming up to a nice little bit of support, and looking for a nice bounce off that.
Tonnes of bullish news towards mid to late April coming out for Poly.
We don't often hit oversold with the RSI on Poly, and when we have in the past its usually followed by a nice move back up again.
With the bullish news, plus some...