POLUSDT trade ideas
POL on its way to $0.70 on the 4H chartBased on the chart, the belief that POL is likely heading toward $0.70 stems from several technical indicators and patterns:
Ascending Channel: A green upward sloping channel has been drawn on the chart, and the current price action is following this trend. The price is bouncing off the lower trendline, indicating support, and it is expected to continue following the pattern upwards within this channel.
Support Levels: There are several well-established support levels (green horizontal lines) below the current price. These support levels have historically helped the price rebound upward. As long as these supports hold, the bullish trend within the ascending channel is likely to persist.
Resistance Levels: The chart shows orange horizontal lines marking previous resistance levels, notably at around $0.70. The price action is currently far from this resistance level, but it appears to be targeting it. The gradual rise within the channel suggests a slow climb toward this level.
Volume Spike: There’s an evident volume spike near the current price levels, indicating heightened buying interest. This volume surge could be a signal of accumulating demand, pushing the price upward.
Supertrend and Other Indicators: The use of the Heikin Ashi Smoothed Buy Sell v4, Supertrend, and Crypto_POON Trader Trading Strategy indicators adds further confidence. The indicators appear to be favoring a bullish trend, which aligns with the view of reaching $0.70 as the next major target.
Technical Bounce from Recent Lows: The price recently touched a low point near $0.30 but has since rebounded off this low with a strong upward move, which is consistent with a recovery pattern. The upward movement has already started within the green channel, indicating the potential for continued upward momentum.
In summary, the combination of the ascending channel, strong support levels, a volume increase, and bullish technical indicators all suggest that the price of POL is on track to potentially reach $0.70. The red trajectory within the green channel indicates the expected oscillations on the way to this target, while maintaining the general upward trend.
IDEA is only an IDEA till....Caveat Emptor/
Assuming : We had done enough research on a coin.
The bullish vibe is so high 1000%
SO what do we do?
#DO nothing and dream... :)
#Pump everything into one crypto at one price and one time!
OR
Dollar cost averaging for 3-6 months
-depends on your budget - some can do at $10 without effecting your budget..just do $10 every week or fortnightly. (some ppl $10K 100K..hehe)
and WAIT... this is most difficult job.
PETRONAS Twin Tower in Kuala Lumpur wasn't built in a day.
Like always I am no guru.
You can find your guru on youtube.
All the best. May you success always.
Lots of love from Malaysia.
Land of sunshine.
pol/usdt swing ~The POL token (Proof of Liquidity) serves as credits for Pool-X, helping to record the flow of liquidity certificates and working as the payment method for liquidity bids in the aforementioned trading market. Ultimately, POL was created to cope with the inadequate liquidity of staked crypto assets.
this is an essential token in the world of staking on Kucoin.
i'm picking up some pol right here, as it retests this long bear channel.
been consolidating for weeks now, and we're about to get a weekly algorithmic buy signal using our proprietary system.
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wave 5 target = $1.6
POLUSDT giga reversal LONGI should have posted this three days ago when I took the trade. but here it is anyway since it's a long term reversal. POLUSDT, a Kucion project for Kucions DEX offering, is about to explode. Targets on the chart. D3, D7, and D10 fishers on the chart. This is a trade that can take up to 9 months to complete.
A great entering point with about 20% of return.An entry point with a profit of around 20% is now appearing. If the top of the triangle breaks, it will affect plus or minus 0.021
it could be the first step before going up even more and can touch 0.03 before starting a downward movement again.
See the analysis done for today and if it touches you, please like and share.
Pol usdtI had two buy signal on this coin and both of that was great
But now it is in last buy signal again but now it is different if we support here we can go till the roof of three angle and it is a great resistant for this coin if break we will see another ATH price
But we are near the support if you buy set stop.