Get started

POLYBTC

POLYBTCPolymath has been accumulating for almost 1 year. Same type of accumulation as ADA. After hitting a high of 0.00000642 BTC, the day before the polymesh network release, the price corrected almost 40% against btc. Hitting the 0.618 fib retracement from the bottom to the local high. It looks like poly has just found a new bottom. Although there is no certainty about this exploding right now, a breakout of 0.00000642 would form a big cup and handle reversal pattern. The best way to trade it is to trade the breakout, to avoid getting stuck in a coin that could stay range bound for weeks. As usual this is just for educational purpose.
P
by darkpiggie
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. -------------------------------- Today they have been just updated their whitepaper massive gains incoming HODL for more gains
PShort
by blabdali
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.
PLong
by moon333
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!
PLong
by walkin
Polymath Prints High Volume @AlanMasters [POLYBTC](324%)Polymath (POLYBTC) is getting ready to move. Below is a full trade signal for this altcoin pair. ----------- 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. ------------ This is not financial advice. Namaste.
PLong
by AlanSantana
4
POLYMATH: a sleeping giant !!This one project has very strong partnership to build STO Security Token Platforms ! (Archax, Blockpass, QRC Group, Selfkey, BMI Coinstreet Digital, Prime Trust Custodian, Arch Real Estate Holdings, and finally Cardano founder Charles Hoskinson works with them on project Polymesh). It will be at the epicenter in the tokenisation of Asset Backed Securities !! Everything is flattening out ... stars and MA's are aligned.... This will soon break out ! Very low risk high reward entry point around the 300 sats level ! - Not financial advice ! I am just telling you where I am placing my bets !! Stay safe out there !
Long
by Dangermousebanana
2