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Polymathbitcoin

Polymath (POLY) formed big bullish Gartley for upto 966% rallyHi dear friends, hope you are well and welcome to the new trade setup of Polymath (POLY). After the previous major drop of 2020, I shared the below harmonic move with you and Poly surged more than 750% Now after the current major drop, on a weekly time frame, Poly has formed a bullish Gartley 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
POLONIEX:POLYUSDLong
by moon333
POLYBTC getting bounced from the support of wedgeBig wedge: On the weekly chart, the price action of the Polymath token is moving in a falling wedge pattern. The volume profile is showing less interest of traders close to the support and strong interest above the resistance of this pattern. The lower bands of Bollinger bands is also above the support of the wedge and the upper band is also above the resistance of the wedge pattern. The stochastic is in the oversold zone but did not give bull cross or buying signal so far. MACD has turned weak bearish from strong bearish. Monthly big BAT: On the monthly time frame chart, the price action has formed a big bullish reversal harmonic BAT pattern and entered the potential reversal zone. Weekly SMAs: On the weekly chart, the price action is moving below the 50 simple moving average. The 100 SMA is aggressively moving down to cross down the 50 SMA that will be a very powerful bullish event. Conclusion: The price action is at the support of a wedge and also entered in a potential reversal zone of big BAT. Therefore there are big chances that the price action will start a very big bull run soon.
PLong
by moon333
POLYBTC completed bullish BAT for up to 126% bullish rallyHi friends hope you are well, and welcome to the new update on Polymath (POLY) token. On the long-term monthly time period chart, the price action of the Polymath has completed the final leg of bullish BAT and entered in potential reversal zone. Possible profit and loss ratio: This trade has profit possibility of 126% and the loss possibility is only 15.5% 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. For exact buy and sell targets for this trade, and other harmonic trading signals you can join: www.patreon.com
PLong
by moon333
1
POLY/BTC (Testing Major Support Area)💎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 previous support area at 400s sat `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
P
by PolarHusk
7
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-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. ------------------------------------------------------------------------------------------ Entry: Below 315 Targets: 365, 425, 633 SL: 290 recommended (Just below 293 Daily LL) ------------------------------------------------------------------------------------------ Check my 'Scripts' page to see my published scripts. Get in touch with me if you would like access to my invite-only scripts for a trial before deciding on a paid access for a period of your choice. Half-Yearly, Annual and Lifetime access available on invite-only scripts along with 1hr Team Viewer intro session. ------------------------------------------------------------------------------------------
PLong
by TradeChartist
There is a trading opportunity to buy in POLYBTCTechnical analysis: . POLYMATH/BITCOIN 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 42. . While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00002460 to 0.00002067). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00002460) Ending of entry zone (0.00002067) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00002916 TP2= @ 0.00003470 TP3= @ 0.00004290 TP4= @ 0.00004730 TP5= @ 0.00005220 TP6= @ 0.00006420 TP7= @ 0.00009160 TP8= @ 0.00013570 TP9= Free
PLong
by ForecastCity
2
There is a trading opportunity to buy in POLYBTCTechnical analysis: . POLYMATH/BITCOIN 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 60. . While the price downtrend in the daily chart is not broken, bearish wave in price would continue. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00002411 to 0.00002009). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00002411) Ending of entry zone (0.00002009) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00002970 TP2= @ 0.00003470 TP3= @ 0.00004290 TP4= @ 0.00004730 TP5= @ 0.00005220 TP6= @ 0.00006420 TP7= @ 0.00009160 TP8= @ 0.00013570 TP9= Free
PLong
by ForecastCity
3
Polymath Polymath The Polymath platform has the overall aim of providing legal and technical expertise to facilitate tokenization of various financial assets and instruments. The platform has managed to pull token issuers, legal experts and technical professionals together in order to build an ecosystem which harbors the ability to assist in the production of tokens which are fully regulatory-compliant on the Ethereum blockchain. The platform uses the POLY token as a medium of exchange for all key operations which include payments relating to the development of new securities tokens and the buying of new tokens created on the platform. In technical we touched support line of the trend line and this is good opportunity to buy at this level. Swing trading
PLong
by EXCAVO
2
There is a trading opportunity to buy in POLYBTCTechnical analysis: . Polymath/Bitcoin 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 43. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00002980 to 0.00002470). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00002980) Ending of entry zone (0.00002470) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00004290 TP2= @ 0.00004740 TP3= @ 0.00005220 TP4= @ 0.00006420 TP5= @ 0.00007790 TP6= @ 0.00009160 TP7= @ 0.00011100 TP8= @ 0.00013570 TP9= Free
PLong
by ForecastCity
There is a trading opportunity to buy in POLYBTCTechnical analysis: . Polymath/Bitcoin 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 43. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00002980 to 0.00002470). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.00002980) Ending of entry zone (0.00002470) Entry signal: Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons: Take Profits: TP1= @ 0.00004290 TP2= @ 0.00004740 TP3= @ 0.00005220 TP4= @ 0.00006420 TP5= @ 0.00007790 TP6= @ 0.00009160 TP7= @ 0.00011100 TP8= @ 0.00013570 TP9= Free
PLong
by ForecastCity