POL/USDT: The Perfect Short-Term Play?POL/USDT – Demand Zone Opportunity with Caution
Polygon Ecosystem Token (POL) is approaching a demand zone that aligns with a Fibonacci retracement level, offering a potential short-term bounce. However, since this is not a high-timeframe (HTF) level , traders must exercise caution and manage their risk effectively.
Buyer Activity : The demand zone reflects a lower timeframe area where buyers have stepped in previously, indicating potential short-term interest.
Fibonacci Confluence : This zone aligns with a key Fibonacci retracement level (e.g., 0.618 or 0.786), which could enhance its strength for a short-term reaction.
Why Traders Must Be Careful
LTF Nature : This is a lower timeframe (LTF) level, making it more vulnerable to volatility and false breakouts compared to HTF zones.
Limited Strength : Since it lacks the institutional significance of HTF zones, the level may not hold as strongly.
Breakdown Risk : LTF zones are more prone to invalidation, so risk management is crucial.
How to Trade POL/USDT Safely
Wait for Confirmation : Only enter after bullish signals like candlestick patterns (e.g., hammer, bullish engulfing) or volume spikes indicate buyer strength.
Set Tight Stop-Losses : Place a stop-loss just below the demand zone to minimize potential losses.
Monitor HTF Context : Align your trade with the HTF trend. If the overall structure is bearish, this LTF zone may not hold.
Use Smaller Position Sizes : Reduce position size compared to HTF levels to account for the increased risk.
Summary :
The POL/USDT demand zone and Fibonacci retracement setup present a short-term trading opportunity. However, the lack of HTF validation means traders should proceed with caution, use tight risk management, and wait for strong confirmation signals.
I keep my charts clean and simple because I believe clarity leads to better decisions. Trading doesn’t have to be overly complicated, and I enjoy sharing setups that have worked well for me.
My approach is built on years of experience and a solid track record. I don’t claim to know it all, but I’m confident in my ability to spot high-probability setups. It’s all about learning and growing together as traders, and I’m here to share what I see.
The markets can confirm what the charts whisper if we’re paying attention. I hope these levels help you as much as they’ve helped me in the past. Let’s see how this plays out!
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🟩 POLUSDT: Bullish Momentum
POLYBTC
#POL/USDT#POL
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.3622
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3680
First target 0.3819
Second target 0.3964
Third target 0.4121
Fourth target 0.4290
Polygon (MATIC) ATH !Polygon price today is $1 with a 24 hour trading volume of 2.6 Billion dollar. MATIC price is up 17% in the worst days of crypto market
bear market is the best time to build and Matic team used this opportunity splendidly, they partnered with Nubank, Meta, Reddit and other good banks and companies
now on btc pair we back to ATH again and usd pair hold its up trend . if you managed to buy it at 0.00002 its time to take some profit and have some fun and If you waiting for scalp then we still need to break 0.000066. right now Matic do a healthy correction and if BTC recover we ready for new ATH
what do think about Matic chart?
POLY Moving to Substrate/DOT. POLY will be soon be POLYX. +400%This might be the most underrated project in the cryptosphere is it is certainly the most underrated token tied to the Polkadot ecosystem.
Polymesh Network testnet has been launched (aka Substrate/Polkadot)
A tool to help you upgrade your POLY on Ethereum to POLYX on Polymesh. POLYX is the protocol token of the Polymesh blockchain, used for network processing fees, protocol fees for using network modules, and block rewards.
Polymesh Testnet V2 just launched, token studio w DAPP, Staking, Smart Extensions etc.
Polymesh Mainnet Launch is Q1 2020
I believe that POLYX will the be the STO pillar of the Polkadot ecosystem. They have been around longer than Tezos and I feel that Subsrate is a revolutionary technology. Huge potential and the community does not yet understand how revolutionary Subsrate/Polkadot is.
Lots of synergies between Polymath and Gavin Woods Parity
When people start to connect the dots (no pun intended) this thing will explode. See XOR for an idea of the hype around the Polkadot Ecosystem. POLY currently in ninja mode but for how long.
POLY CAN PUMP MOREI think this currency can still move upwards. Don't forget stop loss and capital management
Polymath (POLY) formed Butterfly | A good buy opportunityHi 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
Polymath (POLY) - June 27hello?
Traders, welcome.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
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(POLYUSDT 1D Chart)
If it finds support and moves higher in the 0.1901-0.2136 area, I expect it to turn into an uptrend in the short-term and medium-term.
So, whether it can move higher than 0.2136 is crucial.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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Polymath POLY Price Targets and Stop LossPOLY/USDT
Entry Range: $0.39 - 0.045
Price Target 1: $0.52
Price Target 2: $0.65
Price Target 3: $0.75
Stop Loss: $0.36
POLYGONBTC Reminds me of early ETHBTCA comparison between Polygon/matic (btc) and ETH(btc)
The structures are very similar
I have noticed also that both coins are primarily used in buying NFT's and other Internet items, further justifying the comparison
I have just bought some Polygon based on this comparison and the above assumption
POLYUSD Bull AnalysisPOLYUSD is in favour of the bulls at this point
After a period of consolidation and a minor downtrend, price has reached a point where it is time to move up again
This downtrend period can be displayed as a triangle pattern
Three lines can be drawn along trends in the downtrend, the third showing where price has placed itself right above
It is also sitting right on the 50MA which in past has been a point of support for price
POLYMATH POLY: what's next for POLYUSDTif POLY is able to hold the current trend line it may test above test line levels. Break on either side from the triangle will decide which way its going to move next. 0.70 and .64 are important levels of support.
If You are Afraid of POLY rally, THE MOVE JST STARTED!Monthly chart is the mother of all move for POLY. Rally time!
Polymath (POLY) MACD Bullish Divergence Signals UP/GREEN!Let's have a look at a classic... Bullish divergence.
Here is the MACD, just notice the higher lows from to present time (late June).
Now take a look at POLYBTC:
The bullish divergence is a strong signal and very easy to spot.
We also need other signals to support this one, for example, we also take into consideration the break above EMA10 and EMA21.
The entire market sentiment.
The "V shaped" drop/bottom, RSI above 50, etc.
The more signals you have the better.
Here we can say that POLYBTC is starting to aim higher based on the signals that I just mentioned above...
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Namaste.
POLY/BTC buy opportunityLooks like the pair is on the move,
I like the previous impulsive move,
I like the rounding bottom formed,
I like the resistance that become to support area for now
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Rounded Bottom idea with Parabolic Curve Theory for POLYBTCThis is a personal research and idea for investment. DYOR and TIT...
This is Polymath $POLY coin against BTC pair on a hourly chart .
ABBREVIATIONS
Rounded Bottom (RB)
Parabolic Curve Theory ( PCT )
Price Action (PA)
BTC ( Bitcoin )
T/K (Tenkan/Kijun; Blue/Yellow lines)
Sats . (Satoshis)
:::DISCLAIMER:::
This is a short-term pattern that will develop exponentially growing price action as it starts to close the cup. It has the characteristics of a PCT structure as it has panic sold these last two weeks describing a parabolic descending curve and bottomed.
As I'm looking at this chart and describing my idea I'm very conscious that events like news catalysts and BTC volatility can deviate it off its course and make price action break out of pattern invalidating or at least demanding a reassessment of the idea.
TIME/PRICE PROJECTION
Pattern start: End-May 2021
Estimated end: Mid-June 2021 (about a week after publishing)
Price tag at time of publishing: 643 sats.
Expected price tag at end of pattern: 976+ sats.
Safe trailing take profit area: Recommended trailing take profit at 903 sats. or .786 fib.
TECH INDICATORS
Ichimoku indicators:
-Bullish Kumo cloud.
- Bearish PA, needs to break up over the Kumo cloud.
- Bullish Tenkan over Kijun Sen.
- T/K cross up the first days of May, also bullish nuance.
- Bearish Chikou lagging span below cloud, needs to break up.
- Parabolic SAR below the PA, bullish nuance.
Trade at your own risk...
NEWS CATALYSTS AND BTC VOLATILITY
No news or events upcoming.
Mildly affected by BTC dips.
EXPECTATIONS
I expect a completion of the pattern if BTC doesn't pull PA out of pattern. If it does, this idea may need to be revisited.
ATM there's a measured move if PA breaks out of the bull flag shown in the snapshot below. Measured Move equals about 54% profit.
POLY/BTC 40%+ potential $Poly/BTC
After one mega run poly manages to retrace to 0.618 fib (golden pocket) forming support at previous high
I would accumulate here before the next leg up. Ideal Enter would be below 700 Sat
Stop-loss if price closes below 640 on 3-day chart or if u wanna play safe 630 sat
Polymath ; Security tokens : ( #POLYBTC analysis)Security tokens, start here: #Polymath provides technology to create, issue, and manage digital securities on the blockchain.
❇️coinmarketcap data:
(Rank #188
kind: Token
On 20,192 watchlists
Market Cap: $203,036,120
Fully Diluted Market Cap: $334,952,251
Volume24h: $4,541,743 -66.32%
Volume / Market Cap:0.02245
Circulating Supply:610,331,538 POLY
Total Supply: 1,000,000,000)
What Is🌟 Polymath (POLY)🌟?
Polymath is a decentralized Ethereum project built with the goal of making it easier to create and manage security tokens. The ST-20 Polymath standard (ERC1400) allows users to embed regulatory requirements into the tokens themselves to restrict trading to verified participants, simplifying the challenges of creating a security token. Over 220 tokens have been created using the Polymath platform .
❇️Who Founded Polymath?
Polymath was founded by Trevor Koverko. After starting his career at Wall Street and Silicon Valley, Trevor Koverko became involved in the blockchain community and financed projects such as Ethereum, EOS and Shapeshift. In 2017, Koverko co-founded Polymath. He is an investor at Lumenix, Royalty Exchange, ShapeShift and Block.one.
refrences: coinmarketcap - polymath.network
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✅TECHNICAL ANALYSIS
polymath price is trading at around $0.33 .
Because according to the previous analysis, we guessed that until end of the year, the general trend of bitcoin is probably bullish and it is better to increase the number of our bitcoins, so I decided to analysis the pair of POLLYBTC ; As you can see in the weekly time frame chart , this currency pair has reached the floor and has been close to its demand zone and support area , and it is expected that in a few sharp moves until the end of the year, it will reach to own past ATH . The yellow, orange, and red areas are the resistance levels , that if passed,they'll become
support Levels .
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
LONG TERM 100%+ TIME TO BUY🚀It's time to buy from POLYMATH. This is my analysis on POLYMATH, I personally think it can achieve more than 100% in the long term. You have to be patient and wait for the right time. I expect it to rise 50% within this month. I see a lot of potential within POLYMATH because it has to rebuild itself since it has been low for a long time. Now that I've seen it up 100% between February and March. I expect that he may still be able to reach the 300% before the summer! I am very convinced about this crypto myself.
I am new to crypto so if you have any tips for me, please let me know.
I like to share my analysis, so thank you for viewing the analysis.
I wish everyone a good day and good luck trading today!