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Polkastarter

POLS/USDT - Volatility Trade [HVP+Hurst+RevDiv]Since the Hurst has been nosediving below 0.5 to indicate a phase of mean reverting, I'd assume the HVP on the daily would have been contracting as I've seen it do on other similar occasions, (I'm assuming since there isn't enough bars/data history on the underlying for me to straight up read the HVP indicator currently). On smaller time frames (using the 4hr here), it seems that the contraction of the HVP has completed and the expansion of the HVP has begun, we got this screenshot: So I'd expect the daily Hurst to start going back up soon. So with all this information in mind, as well the price being pretty close to the bottom bullish divergence band on the reverse divergence indicator on the daily chart, I've taken a long. I'm trying to see how many good trades I can make using these 3 fundamental indicators. So far it's been good. Indicators provided by BAPIG. Siam.
Long
by TheSiam
1
$POLS PolkaStarter short-term analysisHello there ladies and gentlemen, BulloTaurus here with fresh market analysis. Polkastarter is a DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralised and interoperable environment based on Polkadot. We all know how bullish PolkaDot was when it was listed on major exchanges and how much development is going on this platform. Polkadot is trying to fix Ethereum's flaws but not to replace it, it is something more innovative than ETH. You can think of POLS as UNISWAP that we have now but with even more power. Besides having DOT in my long-term holdings, POLS is the one i am trying to grab at the upcoming dip i've tried to show on chart. T1 (Target 1) is most likely to happen in the next weeks, i will grab about 70% of funds i am planing to spend on this coin. Another 30% i will split on hopefully get cheap POLS at T2. I would really want to have POLS Futures to short till my target but meanwhile you can have a tight stop loss above the top resistance. You're welcome to join the Gents Channel if you have any questions about trades published on Tradingview or any other, its FREE! 🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌 P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
Short
by BulloTaurus
6
Polkastarter (POLS) - dropping to new lowsPolkastarter seems to have promise although it is a little unclear exactly who the two founders were at first, having just been added to the project in June 2020, and September, 2020. Since then, they have added more to the team, however I still express doubts. Either way, a lot of attention has been directed towards this ico, so their marketing campaigns are significant. The coin is about to hit its all time low price, and either form a double bottom, and bounce - or form a new all time low. Pay attention to volume, which has been steadily ramping up. I do not see any divergences that are of significance, on all time frames, other than the 4H chart which shows a potential divergence appearing, but we will not know until downward cycle ends. Although it does not seem like a reversal is likely, I acknowledge that this coin is in price discovery and will be hard to apply general technical analysis. A new low is likely, but I would not be surprised to find heavy resistance at this level.
Short
by Shwayze