Hi dear friends, hope you are well and welcome to the new trade setup of Polymath (POLY) with Bitcoin pair. On a 4-hr time frame POLY has formed a huge bullish Butterfly pattern: 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
💎Technical Analysis Summary💎 BINANCE: POLYBTC -Polymath got rejected by the strong trendline resistance around 544s sat -The price keeps dropping for 2 weeks now -It is also trading below the 50W MA which is not good -If the candle close below Moving Average -The mid-term price action might become too dangerous -So please always plan your trade and follow your...
💎Technical Analysis Summary💎 BINANCE: POLYBTC -Polymath retested the key level of support for the 3rd time -The market still holding the above this area -We can see a potential descending triangle pattern -The pattern is unconfirmed until the support is broken down -You need proper discipline trading inside this triangle -Because if you don't follow your...
POLY/BTC Polymath has been consolidating for 120 days and finally some early signs of bear weakness. Price has broken above the down-line resistance and trading above 50 Day MA. Multiple green volumes are seen for 4 days which tells us that buyers are starting to step in. A big move is about to happen in the coming days.