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Polsusd

POLSUSDT.1DIn my analysis of the POLS/USDT daily chart on Binance, I've identified several crucial elements that offer insight into the pair's price dynamics and potential future movements. The chart shows POLS/USDT experiencing a significant price decline followed by periods of volatility. Notably, there's been a sharp decrease from highs around $1.40 to current levels near $0.3773. This decline brings the focus to key support (S1) and resistance (R1, R2) levels. Support and Resistance Levels: S1 at $0.2437: This level is critical as it has acted as both support and resistance in the past. If the price breaches this level, it could signal further declines. R1 at $0.6894 and R2 at $1.0046: These levels represent potential upward targets should the market sentiment shift. R1, in particular, is crucial as it marks the midway point of the recent decline and could act as a psychological barrier. Technical Indicators: Relative Strength Index (RSI): The RSI is currently at 29.91, indicating that the asset is potentially oversold. This could either suggest a forthcoming price rebound or a continuation of the downtrend if the market conditions remain bearish. Moving Average Convergence Divergence (MACD): The MACD line is below the signal line and both are trending downward, which traditionally signals bearish momentum. However, the proximity of the lines suggests that a reversal could be imminent if bullish signals emerge. Given the current market conditions and technical indicators, the immediate strategy should involve close monitoring of the $0.2437 support level. A daily close below this level could exacerbate the bearish trend, possibly driving prices to seek new lows. Conversely, stabilization or a rebound from this support level could offer a buying opportunity, with initial targets at R1. In conclusion, while the overall sentiment appears bearish due to the recent significant declines and current MACD positioning, the oversold RSI condition warrants caution for bears and may offer a strategic entry point for bulls. My approach will be to watch for potential reversal signals or further confirmation of the downtrend, adjusting my strategy based on the price action near these key technical levels.
PLong
by MarsSignals
POLS/USDT Poised for a Bullish Break from the Demand Zone?🚀POLS💎Paradisers, attention is due as #POLSUSDT showcases a compelling maneuver, nestled within a demand zone and on the verge of a potential bullish breakout. 💎 Observing #POLS, we've identified a descending channel pattern, with current price action flirting with the horizontal supply zone between $0.8699 and $0.9702. Now, as the price pivots back towards this range, there's a burgeoning chance for it to sustain its upward trajectory and launch into a significant bullish journey once more. 💎 As astute traders, we're always contemplating alternate outcomes. Should the initial bullish anticipation not materialize, we're eyeing a bullish recovery from a secondary point of interest at the lower demand level of $0.7681. A descent below this marker could spell a considerable retreat.
PLong
by MyCryptoParadise
Polkastarter Must be taken Seriously and Invested Now 22/02/2021polkastarter as the next step for truly interoperable DeFi. A Protocol built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralized and interoperable environment based on Polkadot. With Polkastarter, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard. In order to leverage advantages, smooth interoperability between various networks is a key to success. The killer feature of Polkastarter is the possibility of making cross-chain swaps, powered by the Polkadot ecosystem, which can provide higher throughput for faster and cheaper transactions while staying connected to the Ethereum Network and other blockchains for liquidity. Other features include permission less listings, token swaps by smart contract, private pools with password, whitelisting and high slippage price alerts. Pools will have several types of swaps, including fixed ratio swaps, dynamic ratio swaps, dutch auctions and even sealed-bid auctions. Technical: we may see some retracing and bearish move down but it is ultimately will raise and rally as this protocol is very essential and we can target the Fibonacci expansions as our coming targets there are total of 2 TPs which one is blow the ATH and the other is above it and can be counted as a starting place
Long
by BitonGroup
25
Pols targets for 2023 READ detailed explanation Possible Targets and explanation idea ➡️Bearmarket starts in April/May 2021 (not in November like many people think) ➡️Pols in downtrend over 790 days ➡️This fib relevant on Weekly timeframe. -0.27 Zone always on weekly its good zone for accumulation. Here we trade around 1year. ➡️In February we could see test -0.27 level. ➡️Take profit indicator shows fundamental (real value) of coin. We trade under this line. So take profit line now based on this indicator now around 0 level which will play like a magnet for POLS ➡️And even after this test we will be in downtrend. But this is a first target where you can withdraw initial deposit and leave free coins if by safety trade strategy. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. --- • Look at my ideas about interesting altcoins in the related section down below ↓ • For more ideas please hit "Like" and "Follow"!
Long
by Crypto4light
POLS global target +1000%POLS is a decentralized platform that allows blockchain teams and various companies to fund and launch their projects. With its help, they create multi-chain token pools, raise funds and expand their communities. POLS is the utility token and governance token of this platform. Global falling wedge, the figure is quite beautiful, you can work) The price bounced off the last support level I'm waiting for the wedge to arrive and rise) This is a daily chart so the target is global.
PLong
by CHOWTRADE
📈 Polkastarter- C&H testing resistancePolkastarter has formed Cup and Handle pattern and is currently testing the level of strong resistance (2.23) Entry: -- Buy on break or enter later on a local pullback -- Long-term targets: TP1: 2.59 TP2: 3.20 TP3: 4.54 TP5: 5.63 TP6 : 7.87 (~250%) TP7: OPEN++ ------------------------------- Polkastarter is a blockchain platform designed to provide an easy to use launchpad for cross-chain token pools and auctions. It is most commonly used by early-stage blockchain projects that want to raise capital and easily distribute their tokens at the same time. Source: coinmarketcap
Long
by V0VOLAN
2
$POLS PolkaStarter short-term analysisHello there ladies and gentlemen, BulloTaurus here with fresh market analysis. Polkastarter is a DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralised and interoperable environment based on Polkadot. We all know how bullish PolkaDot was when it was listed on major exchanges and how much development is going on this platform. Polkadot is trying to fix Ethereum's flaws but not to replace it, it is something more innovative than ETH. You can think of POLS as UNISWAP that we have now but with even more power. Besides having DOT in my long-term holdings, POLS is the one i am trying to grab at the upcoming dip i've tried to show on chart. T1 (Target 1) is most likely to happen in the next weeks, i will grab about 70% of funds i am planing to spend on this coin. Another 30% i will split on hopefully get cheap POLS at T2. I would really want to have POLS Futures to short till my target but meanwhile you can have a tight stop loss above the top resistance. You're welcome to join the Gents Channel if you have any questions about trades published on Tradingview or any other, its FREE! 🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌 P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
Short
by BulloTaurus
6