#POLYX/USDT#POLYX
The price is moving in an ascending channel on a 1-day frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.2130
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2400
First target 0.2991
Second target 0.3507
Third target 0.4109
POLYXBTC
POLYX looks bearishIt looks like a big triangle is forming.
Wave C looks like a triangle and now it looks like we are in wave e of C
If the price reaches the red box, we look for sell/short positions in the red box
We will also look for buy/long positions in the green box.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#POLYX/USDT#POLYX
The price is moving within an ascending channel pattern on a 1-day frame, which is a retracement pattern
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum, upon which the price depends
Entry price is 0.4973
The first target is 0.5900
The second target is 0.6757
The third goal is 0.7885
Polymesh (POLYX) completed a setup upto 22% pumpHi dear friends, hope you are well and welcome to the new trade setup of Polymesh (POLYX) with US Dollar pair.
Previously we caught almost 108% pump of POLYX as below:
On a on a 4-hour time frame, POLYX has formed a bullish AB=CD move for the 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.
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/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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