POLYUSD breakout to upside. bouncing off .886 fib reset since selling off from recent swing high.
IT is a small trend of the technical aspects of the crypto currency
Updates on previous chart after further studies. Repeated consolidation period of 10 days on 16th March and 20th September and again consolidating since 4th December, so might end on 14th December. Consolidating falls on the same area between 50% and 62% of Fibonacci retracement. Double bottom on September and December so price on my prediction will rise...
Not a financial advice. Poly has been on consolidation since 4th December, might breakout on 14 December based on their previous 10 days of consolidation period.
This could dip slightly more but I expect a big move up past 0.70 by next week or so.
Consolidation on a rectangle before raising up ++++++++++++++++++++++++++++++++++++++++++
Look at that double tap sweeetness! Lions are fearless, so let them be hungry while we feast! DCA is responsible
I'm fearful it will go lower but betting against my emotions. What do you think?
Take a look at this wedge forming, with BTC just warming up this coil is ready to spring out quick IMO!
POLY has been in a long period of consolidation and is currently at a major resistance level. Watch for breakout.
POLYUSD is in favour of the bulls at this point After a period of consolidation and a minor downtrend, price has reached a point where it is time to move up again This downtrend period can be displayed as a triangle pattern Three lines can be drawn along trends in the downtrend, the third showing where price has placed itself right above It is also sitting right...
Bullish. triangle pattern evident. Good demand zone of accumulation. Holding key supports and poking and persisting resistance levels, Probability is a breakout from this triangle. within 6 weeks is probable and plausible may retest lower supports before blast off.
Breaking out of the triangle with strong Volume. Buckle up!
Buy Top in the .80 area. Possibly breakthrough to continue threw the upward channel or else it would continue to fill the wedge.
Polygon is one of the altcoins, which has been on traders’ radar. The altcoin at press time is trading at $1.57 with gains of 1.1% for the last 24-hours. The market cap of the coin is $10,581,777,683. While the 24-hour trading volume hovers around $789,086,578.The MATIC price falls short of its ATH of $2.62.