POLYX LOOKS BULLISHThe structure of POLYX is bullish. It has had important failures in the structure.
It can be pumped while maintaining the green range.
We have a liquidity pool on the chart that we expect to be swept soon.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Polyx
#POLYX/USDT#POLYX
The price is moving in a downward channel and it has been broken to the upside
On the 4-hour frame, we have clear upward momentum after some correction occurred
We have strong support that has been bounced off of
Entry area 0.1788
The first target is 0.1870
Second goal 0.1942
The third goal is 0.2037
POLYX/BTC - Polymesh: Ascending Triangle◳◱ On the $POLYX/ CRYPTOCAP:BTC chart, the Ascending Triangle pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.00000432 | 0.00000467 | 0.0000054 and support near 0.00000359 | 0.00000321 | 0.00000248. Entering trades at 0.00000402 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: Polymesh
▣ Rank: N/A
▣ Exchanges: Binance, Huobipro
▣ Category/Sector: N/A
▣ Overview: Polymesh project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00000402 ₿
▣ 24HVol: 0.577 ₿
▣ 24H Chng: 1.005%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00000432 | 0.00000467 | 0.0000054
◢ Support: 0.00000359 | 0.00000321 | 0.00000248
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is N/A
▣ Reddit sentiment score is N/A
▣ In-depth POLYXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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POLYX │ LONG │ 31.10.2023BINANCE:POLYXUSDT.P
Comment
Usually, with a strong instrument's growth, there should be an equally strong movement in the opposite direction. However, instead, we see a calm consolidation, which is a very strong signal.
At present, POLYX looks the most promising for an upward continuation out of all the ideas already published, as there is consolidation before the level is breached. In other words, the instrument has increased in price, stopped, is gaining strength, undergoing consolidation, and is likely to move higher.
At least that's how I see it. If there are sharp price changes, I will cancel the order.
Signals for level breakout
bar/candles closure near its high/low;
close retest of the level;
accumulation of energy for level breakout;
consolidation near the level;
decrease in trading volumes before the level;
a clear zone beyond the level;
there is no reaction to a strong instrument movement;
the instrument is not allowed to decrease in price;
there is a reserve of calculated ATR;
there is a reserve of technical ATR;
the instrument is not following the market.
the instrument is stronger than the market
Order parameters (risk-to-reward ratio = 1 to 3)
Open : 0.4316427;
Stop loss : 0.4194294;
Take profit :0.5049225;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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Polymesh (POLYX) forming bullish Gartley for upto 83.50 rallyHi dear friends, hope you are well and welcome to the new trade setup of Polymesh (POLYX) with US Dollar pair.
On a daily time frame, POLYX is about to complete a bullish Gartley move for next price reversal.
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
the next gifts by tornAgainst the background of statements about the lifting of sanctions, torn continues the trend. Finally, they have gained a foothold above $ 10, now this level is becoming a powerful support. Next, we can expect several waves in the range from 10 to 12.5-13.5 with further attempts to test $ 15. Not so long ago there was a small unlocking of coins, but apparently they are not in a hurry to throw them off yet. I think there is a chance of coins being thrown into circulation around $ 13, which will create additional waves and smooth out the dynamics a little, but will not cancel the goals on the test of $ 21-25 in the future. To date, against the background of the reversal of the weekly candle, it is possible to continue scalping into purchases.
we are preparing for the continuation of the trendTo date, those who do not have positions on some coins can additionally buy for the reversal of weekly candles on coins in bullish. This week, we worked out a small pullback on the monthly schedule, but there are not enough arguments to turn the monthly candle into a bearish one. Stable sales are also premature according to the quarterly schedule, the main activity of sellers should be expected with the onset of the second half of the quarter with a possible hike up to 1500.
From the current levels, the probability of a gradual return to 2100 and a further breakdown of the main long-term level of 2500 prevails, which will ensure the resumption of market growth after a major seasonal pullback in the second-third quarter. At the opening of the second half of the quarter above 2500, it will be possible to fully repay the quarterly pullback and after the flat continue moving to 3500-4500 in the summer. While I doubt that we will be allowed such a luxury.
A deeper drawdown in the market can be expected only when the current week closes below 1900. Also, a second attempt to expand the monthly candle may be next week as we approach the end of the month. There is still a small chance to throw a powerful pinbar today tomorrow for the 1750-1850 test, but taking these levels will be premature and we can expect an active payback up to 2000.
My main focus is still on uft pros vib cvp torn perl for pnt ooki and asr atm fantokens. Individual coins can turn a weekly candle into a bullish one with new overhangs.
For those who like risk, today there is also such an option as nebl. Binance has delisted it. But goals of up to $2.5+ on large timeframes have been left. They will be worked out because the project continues to develop and the listing on poloniex followed on the same day. I think we should expect listings on other exchanges soon. The coin is now well suited for scalping. But this option is dangerous, it is worth paying attention to money management.