PSX:POL dropped lower than I expected but its a better opportunity to continue to DCA, HODL for the long term, at this point we are in the lower side of the cycle. From the top it dropped ~75%. I think there will be a short term bounce as every indicator is oversold at this point. Lets see what the markets will do..
I think we are in a good range to start accumulating, down 41% from the top and every indicator I test out seems to be oversold. Potentially it can go lower to ~$225 - this is why I'm not throwing all my money. Definitely a company of the future.
PSX:POL shows signs of potential support at $0.25-0.3, aiming for a triple bottom. If it holds, expect a move to $0.55. Always do your own research before investing. #crypto #investing
