✳️ Polkastarter Confirmation (100%+ Potential Easy)This is what I called a "bullish confirmation", the same pattern being repeated on multiple charts.
POLSBTC hit a lower low compared to June 2022 while at the same time printing a long-term bullish divergence with the MACD and RSI.
We have a strong volume breakout as prices move up.
This is the same pattern we are seeing on many of the ALTSBTC pairs, what one does the rest follows, the confirmation is on the chart.
I'll share one more.
Namaste.
POLSBTC trade ideas
Polkastarter (POLS) formed bullish Gartley for upto 35.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Polkastarter (POLS) with BTC pair.
On a daily time frame, POLS has formed 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
Polkastarter Does Really Good Today (155%+ Breakout)POLSBTC has done better than VITEBTC.
We can see a massive breakout with 155%+ on today's candle.
We have a higher low.
The second biggest volume daily.
And a falling wedge.
Remember, what one does the rest follows...
Expect the other small altcoins to also grow.
Buy & hold.
Namaste.
#POLS, -60% from the ATH#POLS
-60% from the ATH
Unless it reclaims 4200+ sats, it may go lower
$POLS
POLS/BTC buy opportunityHi followers,
BINANCE:POLSBTC formed nice rejection from the support area, which followed by a move up and higher lows,
Now suggesting a continuation up.
Don't forget to manage your risk! 👌
Good luck and trade with care 🙏
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Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Polkastarter is Getting Started!Polkastarter is Getting Started!
Let's keep and eye on it.
Analysis:
Candles getting smaller and supporting on trendline (+)
Candles ridding over 20MA as support (+)
Resistance at daily 3859 sats daily (-)
Resistance at 50MA (-)
RSI on bearish region (-)
Volume is getting low, may seen in coming days (-)
MACD lossing momentum (-)
RSI signal tending towards middle line, possibility to break into bullish region if strong volume plays. Or might enter consolidation (*)
MACD tending towards middle line, if volume plays it will be good (*)
Entry point
The best entry point will be, once the price breaks and retest the daily resistance at 3859 sats and the 50 day MA. Need more steam to push, so let's wait. I'm assuming once it flips the upcoming resistance with enough volume can easily break the 4419 sats daily resistance.
Target Price
let's aim for a 3 stage TP:
TP1: 0.00006347 > 60%
TP2: 0.00004082 > 100%
TP3: 0.00006052 > 150%
Investors
Investment Theme: Polkadot Ecosystem
Investment Horizon: Short Term
Category: Crowdfunding, Financials
Polkastarter is a platform designed to provide an easy to use launchpad for cross-chain token pools and auctions. It is most commonly used by early-stage blockchain projects that want to raise capital and easily distribute their tokens at the same time. Right now its operates on the Ethereum blockchain, but eventually migrate to Polkadot mainnet, by following the release of parachain.
Polkastarter is ranking around 300+, and there are more potential projects than this to hold for medium to long term. Currently this is best to buy at low and sell at high with in short duration.
** I'm a novice trader, and this is part of my studies. So it's strictly not a financial advice. Feel free to share your thoughts and feedback about my analysis.
