if 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.
💎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...
💎Technical Analysis Summary💎 BINANCE: POLYBTC -Polymath is now testing the major support area -This zone is a confluence of previous support and resistance -I don't recommend to enter a buy position now -My advice is to wait to form a consolidation base -And look for any reversal signs like pattern -You may enter on the upside breakout confirmation -Target the...
POLY/BTC -The support located at 420 sat range is already broken down -Since there is no clear support located after the breakdown -It will likely revisit the 200D MA plus previous resistance zone -That's the key areas where Buyers will enter the market -For potential Bounce trade setup to retest the previous neckline support
fully Bullish After Breakout Of Nack Line , Big Announcement Expected Incoming Days . perfect entry for mid term
Polymath 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...
Technical analysis: . POLYMATH/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 34. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00062600 to 0.00055660). if so, traders can set orders based on...
Polymath making Bullish Channel if Price Dropped Between 2800-2900 then we have a Buying Opportunity. Reasone is Fib 0.5 Level also Restest on given Buying Zone . Selling Zone will be Around 6000 satoshi. Let See !! Set Stop Loss own RR Ratio. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Technical analysis: . POLYMATH/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00072900 to 0.00063240). if so, traders can set orders based on...
Technical analysis: . POLYMATH/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00072900 to 0.00063240). if so, traders can set orders based on...