Greetings, fellow traders,
An interesting setup is forming on the
POLYXUSDT chart. The price is currently situated near the lower boundary of an established ascending channel, suggesting a potential support zone.
We are identifying a potential long entry under the following conditions:
Should either of these conditions be met, a long position could be initiated with a primary price target of $0.2150.
Best of luck with your trades.
Trade with discipline and manage risk accordingly.
An interesting setup is forming on the
POLYXUSDT chart. The price is currently situated near the lower boundary of an established ascending channel, suggesting a potential support zone.We are identifying a potential long entry under the following conditions:
- A confirmed close on the 1-hour (or 30-minute for more aggressive entries) timeframe within the confines of the delineated blue triangle on the chart.
- Alternatively, a decisive close above the $0.1830 resistance level.
Should either of these conditions be met, a long position could be initiated with a primary price target of $0.2150.
Best of luck with your trades.
Trade with discipline and manage risk accordingly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.