-The support located at 420 sat range is already broken down
-Since there is no clear support located after the breakdown
-It will likely revisit the 200D MA plus previous resistance zone
-That's the key areas where Buyers will enter the market
-For potential Bounce trade setup to retest the previous neckline support
I think it should retouch that support again or push just under it to that 61.8 fibs line I marked and collect some stops before next big leg. The W shape patten is generally bullish as well. You could just enter here as it's only a 8% lower or just buy some now and set some orders lately just incase it doesn't pull back but with saying that it has had a move and...
Polymath has been accumulating for almost 1 year. Same type of accumulation as ADA.
After hitting a high of 0.00000642 BTC, the day before the polymesh network release, the price corrected almost 40% against btc. Hitting the 0.618 fib retracement from the bottom to the local high. It looks like poly has just found a new bottom. Although there is no certainty...
So Poly has been steady making its way north after a consolation lower into a falling wedge.
Found support on the 2EMA which swopped in underneath on the daily.
You can spot the 4H bullish divergence on the 4H in anticipation of a reversal.
Now we have flipped a key resistance and i think we will see some upside now on POLY
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Polymath (POLY) is creating a global platform for issuing and investing in securities tokens. Polymath’s standard for blockchain security tokens aims to integrate the necessary regulatory requirements into smart contracts and comply with regulations. The project simplifies the legal process of creating and selling security tokens. It establishes a new token...
Hi friends hope you are well and welcome to the new update on Polymath token. The POLY token has surged more than 180% and we had to very obvious signal before this bullish rally. Let’s have a look on this signal and complete analysis.
Powerful signal a bullish Gartley move:
Second signal was very obvious Gartley move by the price action of Polymath. The...