POLYXUSDT - 1h - About to take off...POLYXUSDT - 1h - About to take off...
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POLYXUSDT - 1h - About to take off...
Simple analysis. We just have to look at the levels:
SL: 0.2333
TP1: 0.28
TP2: 0.32
Always keep above the Dynamic Stop Loss (Base of the bullish channel) + a reasonable margin in case it crosses it to hunt some ducks.
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I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
Polyxlong
#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
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Buy and hold in spot.
POLYXUSDT.P LONG IDEAhi everyone, as you see on chart, it seems that there is a clear support line around 0.21550 . Also funding rate on binance is negative. it means short positions more than longs. thats why i want to set up long position. i will use 50x leverage in this set up.
entry : 0.21790
stop : 0.21469
take profit : 0.23834
remember that all the ideas belong me is only my idea and it is not financial advice.DYOR.
hope this idea usefull for you. have a nice day.