This might be the most underrated project in the cryptosphere is it is certainly the most underrated token tied to the Polkadot ecosystem.
Polymesh Network testnet has been launched (aka Substrate/Polkadot)
A tool to help you upgrade your POLY on Ethereum to POLYX on Polymesh. POLYX is the protocol token of the Polymesh blockchain, used for network processing...
retraced to its 200 ma possibly dip below tag yellow line and form a golden cross and up we go
alternatively loose yellow line and most likely everything else would be dumping except XRP
not in this trade just sharing it if anyone fancies a punt
Hi dear friends, hope you are well and welcome to the new trade setup of Polymath (POLY) with Bitcoin pair.
On a 4-hr time frame POLY has formed a huge bullish Butterfly 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
We can see a clearly not usual pattern on POLY, a well formed inverted triangle, this a long play. But, also in the day frame, this coin really looks quite bullish, actually is creating a pattern that it is being repeating across all the market.
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 example, we also take into consideration the break above EMA10 and EMA21.
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...