#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
Polyxusdtlong
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.