POLYMATH NETWORK: CRYPTO BOTTOM SIGNAL = 66.83% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 22nd of April 2018 .
Using this buy in point and selling at today's price, you would have expected to net 69.11% PROFIT!!!
The increase in price may also be explained by positive developments including:
February 14: Polymath Network gets listed on Kucoin cryptocurrency exchange.
April 7: Polymath release an update to it's core codenamed "Toro".
April 9: Polymath Network gets listed on Bittrex cryptocurrency exchange.
April 20: Polymath and Trustroot Partner on Verification Service for Security Token Offerings
April 21: Polymath is pleased to welcome our newest advisor, Michael Hyatt. Michael is also a weekly business commentator on CBC and was a celebrated “Dragon” on CBC’s online Dragons’ Den.
April 25: Polymath joins the Blockchain Research Institute along with Aion, Decentral, and Salesforce. Blockchain Research Institute is a multi-million dollar global research initiative undertaking the definitive investigation of blockchain strategies, opportunities, and implementation challenges. Other new members include Navigator Limited, the first public relations firm to join the institute, and brand management agency VIKTRE.
April 26: Polymath and CrowdfundX, a company focused on AI-powered digital marketing, have agreed to pursue a collaboration to offer CrowdfundX’s digital marketing services to security token issuers on the Polymath platform.
April 27: Polymath released guide to launch A Security Token via Polymath.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.
POLY
POLYMATH - Buy Opportunity - 56% ROI - 8.8:1 Risk/RewardWill update the chart when a clear consolidation zone appears for a safe entry point, however I'm liking the signs already for a long term hold:
1. Steady accumulation period without any significant breakout
2. Smaller breakout on 15 min chart that has reach profit target = bullish sign
3. High return on investment (56%) with 8.8:1 risk/reward
4. Buy low & sell high
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
The wrath of POLYMATH, and a botchy fibonacci. A little back story on POLY. It is the only ST-20 (their term) in existence which aims to be able to qualify ICOs and be a vehicle for tokens to be traded as securities.
Since the only major exchange it can be found on is Bittrex, a lot can be gleaned from the huge increase in volume for POLY starting on April 10th. This coincides with the day that Bittrex opened up new user registration that had previously been on ice since December '17.
Surely it's not the only one that exploded like this, but it is obvious that POLY is highly desirable...and for good reason, it is attempting to tackle a multi-trillion dollar problem for investors: How to make real life assets (business', apartment buildings, etc.) tradeable.
So that being said, the hardest part is calculating the waves. Sometimes, two scenarios make sense but if the wrong one is chosen. That is exactly what happened here, the best thing to do is just take it on the chin and move on.
I'm still a pollyanna for POLY, big time future.
xoxo
GoldenParachute
steemit.com
