POLYBTC getting bounced from the support of wedgeBig wedge:
On the weekly chart, the price action of the Polymath token is moving in a falling wedge pattern. The volume profile is showing less interest of traders close to the support and strong interest above the resistance of this pattern. The lower bands of Bollinger bands is also above the support of the wedge and the upper band is also above the resistance of the wedge pattern. The stochastic is in the oversold zone but did not give bull cross or buying signal so far. MACD has turned weak bearish from strong bearish.
Monthly big BAT:
On the monthly time frame chart, the price action has formed a big bullish reversal harmonic BAT pattern and entered the potential reversal zone.
Weekly SMAs:
On the weekly chart, the price action is moving below the 50 simple moving average. The 100 SMA is aggressively moving down to cross down the 50 SMA that will be a very powerful bullish event.
Conclusion:
The price action is at the support of a wedge and also entered in a potential reversal zone of big BAT. Therefore there are big chances that the price action will start a very big bull run soon.
POLY
POLYBTC completed bullish BAT for up to 126% bullish rallyHi friends hope you are well, and welcome to the new update on Polymath (POLY) token.
On the long-term monthly time period chart, the price action of the Polymath has completed the final leg of bullish BAT and entered in potential reversal zone.
Possible profit and loss ratio:
This trade has profit possibility of 126% and the loss possibility is only 15.5%
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.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
Polymath (POLY) Higher Low & Bullish ActionHere we show you the higher low for Nov. compared to May for POLYBTC:
I guess you know this signal clearly by now.
We can also see POLYBTC above EMA50 and challenging MA200.
We also have higher lows short-term.
The indicators support additional growth.
We are looking at 43% from the current price to our "main target".
Namaste.
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Disclaimer: This is not financial advice.
Do your own research before trading.
All the information shared on this channel is intended only for learning and/or entertainment purposes.
Polymath... Zoom Out To See 1221.12% Potential to ATHLet's take a look at POLYBTC and MA200.
To left, you can see what happened when this level was first conquered earlier this year.
This same line/price level is being challenged today.
Now, zoom out to see over 1221%...
Here you can see the potential profits to ATH.
This is completely possible since we also have a higher low compared back to January.
Just as we hit new lows, we can also hit new highs.
The next altcoin market bull run will be of epic proportions.
Namaste.
Polymath (POLY) Back Above MA200, Next 47% MappedPolymath (POLYBTC) continues to consolidate while printing higher lows.
Right now, prices are back above MA200 and EMA200, which opens the doors for additional bullish action.
We can expect momentum to build up and an easy 47% price jump as long as prices remain above MA200.
Thanks a lot for reading.
Namaste.
Polymath Bulls Are Back In PlayPolymath (POLYBTC) is looking good after the MA200 black line holds as support.
First, we saw MA200 being conquered back in May which led to 130%+.
Prices started to retrace and MA200 worked as support (light blue).
After a 'lower high', MA200 was tested again and broke...
Today, we are seeing prices moving back up.
The bulls are back in control.
We also have a strong RSI and a bullish MACD cross.
Let's keep it simple:
Bullish above MA200...
Bearish below.
Namaste.
POLY/BTCI think the bottom was in for Polymath. Downtrend was broken a long time ago.
Whatever path it takes, I envision a 5x from current levels. Been flipping this since my initial buy at 250 sat range back when altcoins died in March. In my opinion, this is a reasonable place to start a position. Could take a while, and feel free to take profit on the way up.
Markets in general are shaky (but when are they not).
poly btc updatefully Bullish After Breakout Of Nack Line , Big Announcement Expected Incoming Days . perfect entry for mid term
POLY - Big move incoming.....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 15% Short term 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 standard (ST20) and enforces compliance by whitelisting authorized investors and their Ethereum wallet addresses. The POLY token is used for payments on the platform, which facilitates exchanges between issuers, investors, service providers, and developers.
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Today they have been just updated their whitepaper massive gains incoming HODL for more gains
POLY Token Has Surged More Than 180% | What Next???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 formation of this statement was started from 25th January 2020 on 4 day chart. And the pattern was completed on the 2nd April 2020. Since then the price action was moving in the potential reversal zone of this pattern that starts from 0.618 and ends up 0.786 Fibonacci retracement level. And finally in the month of May 2020 the price action took a powerful bullish divergence and produced more than 180% bullish rally so far.
Up channel formation:
After bullish move the priceline of POLY token started moving within an up channel on 12 hour chart. So far the price action is moving within this up channel and during this move it is hitting the support and resistance levels very well. At this time the priceline is at the support. I have also placed simple moving averages with the time period of 25 50 100 and 200 on this chart. And we can see that the smallest time period moving average is above all other simple moving averages and biggest time period moving average is below all the other moving averages. Therefore a complete open alligator mouth by the simple moving averages has been formed and that is very strong bullish signal. While the priceline is retesting the support of the channel it is also having the support of 25 simple moving averages as well.
Exponential moving averages are playing a good support role:
On the daily chart the price action crossed up the exponential moving averages with the time period of 10 in 21 on 15th may 2020. Since then the priceline is moving above the both exponential moving averages. If we take a closer look on the movement of price action above these EMAs then it can be easily observed that whenever the price action moves little bit down it uses these EMAs as support and moves up to start another bullish rally. At this time the price action is again retesting these exponential moving averages as support.
Should we buy here? And if someone bought it then where to exit?
Now if someone wants to buy the POLY token after when the price action has already been surged more than 180% then he or she can buy it at the support of the channel and make this support the stop loss. Because the support of this channel is very much strong and it is very obvious since the price action has started the bullish rally it has never broken down this support of channel.
Bill William alligator indicator and stop loss technique:
Here I would like to suggest another technique that I use to catch such bullish rallies. And that is the use of Bill William 3 lines that is also called the Bill William alligator indicator. This indicator is very useful to catch the bullish and bearish is rallies. This indicator is a combination of three moving averages. The smallest one is with the time period of 5 the other one is with the time period of 8 and the biggest time period moving average is 13. The smallest one called lips the middle one is called teeth and the biggest one is called jaw. Whenever the smallest time period moving average moves above all other moving averages and the biggest time period moving average moves below all other moving averages then it is called that the alligator mouth is opened. And this is a strong buying signal. And whenever the smallest time period moving average moves below all the moving averages and the biggest time period moving average moves above all MAs then it is called that the alligator mouth is closed and that is a strong is sell signal.
Even though this is very useful indicator but however the time period of these moving averages is very small. Therefor sometimes this indicator can give the false signals. In order to avoid the false signals by this indicator we should use some other combination of indicators as well. For example here I am using the simple moving averages with the time period of 25 50 100 and 200. Now for example if the alligator mouth will be closed then we can find that which one of other simple moving averages from 25 50 100 and 200 we have as recent support below the price action. Now for example if we have the 25 simple moving average then we should wait for the 25 SMA to be broken down. If this simple moving average will be broken down then we can take exit as stop loss. This method can save you from the false signals of alligator indicator and you will also not miss the next bullish rally.
Conclusion:
The up channel that has been formed on the 12 hour chart has very much significance for this bullish rally. If this up channel will be broken down that will be the first strongest signal that now the price action can start a correction rally or a bearish move. However, we should use some other combination of indicators like I have suggested to avoid any kind of false signals. If you have any strategy then you can also use that to avoid any unnecessary sell by getting trapped in a bear trap.
Note: This idea is education purpose only and not intended to be investment advice, please seek a duly licensed professional and do you own research before any investment.
POLY/BTCI've been in this since about ~250 sats and have been selling part of my stack at the top of the channel. If it bounces off the bottom of this channel, then it's more upside.
My final target for Polymath is 1050-1200 sat range (weekly cluster). With the way the altcoin market is behaving, it's definitely possible. BTC dominance seems like it bouncing and may start climbing again. BTC itself looks like it wants to break overhead resistance.
Eyes on dominance for now, but I've added a bit here as the support line works until it doesn't!
$POLY, Retesting ~500sats support level w/ decreasing volume...$POLY
Retesting ~500sats support level w/ decreasing volume...
If it's going to bounce and keep pushing up, then it could be from here
UCTS Signaling buy signals across all HTFs and some LTFs..
Tight SL just in case it decides to keep falling into the ~400 sats
#POLY
If this doesn't scream pump I don't know what does....Long Poly for financial freedom lads. Behind Zil this is my biggest Alt bag
Polymath Prints High Volume @AlanMasters [POLYBTC](324%)Polymath (POLYBTC) is getting ready to move.
Below is a full trade signal for this altcoin pair.
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Pair: Polymath | POLYBTC
BUY: 0.00000240 - 0.00000260
NEXT SUPPORT: 0.00000219
TARGET:
1) 0.00000290
2) 0.00000333
3) 0.00000370
4) 0.00000415
5) 0.00000475
6) 0.00000540
7) 0.00000610
8) 0.00000740
9) 0.00000940
10) 0.00001060
STOP: Close weekly below 0.00000200.
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This is not financial advice.
Namaste.
POLY/BTC, ANOTHER POSSIBILITY, 100% POSSIBLE MOVETHIS IS IN SUPPLEMENT TO MY OTHER IDEA. I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Polymath Imminent Breakout 110% Target Mapped (POLYBTC)Polymath (POLYBTC) is looking really healthy and a breakout can happen anytime (1).
Prices are moving above EMA10 but also EMA50, EMA100, and MA200, opening the door more big and fast moves.
If prices drop below EMA50 at 0.00000286 (2), the lower trendline is likely to be tested as support. If this happen, we expect a bounce (3).
Thanks a lot for reading.
Namaste.
Polymath Falling Wedge Breaks | Next Target Mapped!Polymath (POLYBTC) was trading within a falling wedge. This pattern is now broken and EMA10 has also been conquered.
After removing all gains from the last bullish move, sellers pressure has come to a halt. It is time for the bulls to push... Polymath is looking up.
Namaste.