Polymath Enters Decision Point, 40% Jump Next?Polymath (POLYBTC) is now back above EMA50 after a new low was hit and multiple bullish signals are starting to develop... Let's take a look at those:
The MACD and RSI continue to move higher, both are now bullish.
Downtrend line broken.
Prices for POLYBTC are now headed towards EMA100 at 0.00000277, this is an important level to look out for, if it can be conquered, a stronger jump can follow and 0.00000368 can be hit for up to 46% of profits. But if instead EMA100 or 0.00000277 is too strong to break, we will see prices linger around the decision point until another attempt to move higher is made.
Bear volume is very low on this chart, sellers are fully exhausted. It is very likely now that Polymath will start to grow and only gain momentum while doing it.
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Namaste.
POLYBTC
$POLY, Trying to break from accumulation over ~200sats$POLY
Trying to break from accumulation over ~200sats support level with MACD & OBV bullish divergence..
UCTS Buy signal flashing on the D1 chart
Volume spiking today but needs continuation...
As target ~250sats (15%)
#POLY
Polymath On-Balance-Volume significant uptickPolymath saw its OBV rise dramatically across several exchanges in the past few days signalling heavy accumulation.
Glassnode also shows the top 1% richest have been accumulating ever since last year.
This is typical of smart money. Accumulate heavily without increasing the price of the asset.
Expecting Polymath to have a massive rally in 2020.
They will release their own blockchain called Polymesh in Q2(testnet) and Q4(mainnet) of 2020 which will be catered specifically for security token offerings (putting equities, pension plans, retirement funds etc on the blockchain)
Note. This is not financial advise. Please do your own research.
Polymath Ascending Triangle | Can Grow 100%+ In One SwingPolymath (POLYBTC) is now trading within an ascending triangle and slowly creeping up above resistance.
Now conquering EMA50 (magenta line), POLYBTC can easily move much higher if the bulls follow up.
On the chart above you can see the different targets as well as the two main potential bullish scenarios for this altcoin pair.
This is not a piece of trade advice.
All of our trades contain buy-in, targets, stop-loss, and additional information.
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POLY/BTC (Up to 66% Profit)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.
$POLY, Crossed over ~300sats resistance / EMA50 $POLY
Crossed over ~300sats resistance / EMA50 on the 12H and now is retesting it
UCTS Buy signal on the 12H and lower TFs
Volume spiked over the last 24/48hs
If manage to flip this level and keeps pushing up, then it may catch some traction with target at ~350sats (13%)
#POLY
$POLY, Moving toward ~350sats after a cross over EMA50$POLY
Moving toward ~350sats after a cross over EMA50 & flip at what now is support around ~300sats..
Volume is increasing & UCTS is showing Buy signals on 1D and lower TFs
Will evaluate again once it (IF) reaches resistance for a potential entry on flip
#POLY
Today`s ALT!!! POLYBTCBINANCE:POLYBTC
Exchange : Binance
Coin: POLYBTC
Buy Zone: 0.0000033~0.0000031
Target Point: 0.00000342/ 0.00000364/ 0.0000038/ 0.00000398/ 0.00000425
S/L: 0.0000029
Risk: HIGH
Term: Midlle - Long
It`s making Symmetrical Triangle
It kept Symmetrical Triangle in spite of Bitcoin`s movement
The Volume is almost down but it needs more time to complete Symmetrical Triangle
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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POLY-BTC painting a CUP with favorable Ichimoku and potential HLPolymath is an ambitious and a promising blockchain project in the security token space which is building its own blockchain POLYMESH with the help of Charles Hoskinson (Ethereum co-founder and Cardano founder). Poly has been dropping in price against BTC for quite some time and the chart looks quite bullish due to the following reasons.
Price just under 20 SMA of 320 sat and a move move will see quick short term gains to 365 which is the daily BUY Trigger as of today.
Ichimoku cloud 'KUMO' is getting narrower with a potential move above the cloud which will bring HL confirmation and a potential longer term bullish price movement.
Security token space is still at its infancy and has a huge potential. Given Polymath has the first mover advantage with lot of respectable and reputed Partners, the best is yet to come.
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Entry: Below 315
Targets: 365, 425, 633
SL: 290 recommended (Just below 293 Daily LL)
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$POLY, Crossed with spike in volume over ~350 sats resistance...$POLY
Crossed with spike in volume over ~350 sats resistance(never flip into support)
If continuation happens, aiming for a ~385sats retest as 1st target
If it decides to test ~350sats 1st, then it could be a good place for an long entry with SL under support
Set alerts
#POLY
Polymath (Oct 09) #POLY $POLY #BTC $BTCWhat to know :
- My Red Arrow indicates the expected target and expected time
- All Free Signals are hidden the trade info
POLY/BTC Pair Up To 160% ProfitPOLY/BTC Pair
This coin is looking juicy and ready to pop up soon. Multiple Bullish factors can make this coin profitable.
Number 1 is RSI divergence to the upside. Nice green bull volume is number 2 factor and number 3 is the incoming bull cross of 20 Daily MA and 50 Daily MA.
This coin has a daily trading volume of over 4 or 5 Million dollars which is not a bad coin to start investing in the mid-term swing.
I'm personally in this trade already and up by 10% now. I'll be adding to my position if chances are given. My targets are above 60%-160% ROE
Trade setup
Buy area: 305-340 sats
Sell area: 520-820 sats
Stop loss: 270 sats
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Polymath entering accumulation phasePrice Analyis:
Polymath indicates to be in an accumulation zone. The daily and 4H MACD and RSI have higher lows and are trending upwards. There is also high volume in the past few days signalling accumulation.
The price may lower a bit further but not much as the market cap is very low (~11Million) which is way below their ICO raise (~200 Million).
Fundamentals:
Polymath is aiming to be a one stop shop for Security Token Offerings (STO) which is a multi-trillion dollar industry. STOs will be the next booming thing similar to what happened with ICOs in 2017.
In addition, IOHK & Cardano founder Charles Hoskinson has taken the role of chief architect of the Polymesh blockchain product which is a STO focused blockchain built by the Polymath team. Polymath token holders will be able to exchange to Polymesh tokens in a 1:1 ratio once Polymesh is up and running (projected release around Q2 2020). The projected release of Polymesh falls around the time of with bitcoin halving. This could lead to massive retail and institutional participation in the cryptoverse ( non-bitcoin projects) and drive the Polymesh coin to a multi billion marketcap.
For short-term traders:
Targets:
1. 430 sats
2. 500 sats
3. 560 sats
*Note: These are speculations. Do not use this as financial advise. Please do your own research.
POLY/BTCSignal
POLY/BTC
BUY
Open 400;
SL 389;
TP 546;
Risk/Reward: 1/13.27
If you look at indicators you can see growing RSI and AO during consolidation at the chart.