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Polyusdt

$POLY primed to flyPolygon has been trading in this channel since June of last year. It's near the bottom of the trend line, which happens to coincide with the 200MA on the daily chart. With all the bullish sentiment around Polygon, and large projects moving their ecosystems onto the chain, I'd expect to see a nice bounce towards the middle of the trading channel; followed by an opportunity to exit with a ~40% gain from current prices in the highlighted box. Out at or above $1.50 sometime in April, ez gg - NFA.
COINBASE:MATICUSDLong
by ChartswithChip
4
Polymath (POLY) - June 27hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (POLYUSDT 1D Chart) If it finds support and moves higher in the 0.1901-0.2136 area, I expect it to turn into an uptrend in the short-term and medium-term. So, whether it can move higher than 0.2136 is crucial. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
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by readCrypto
2
POLY/BTC (Close Below 50W MA?)💎Technical Analysis Summary💎 BINANCE: POLYBTC -Polymath got rejected by the strong trendline resistance around 544s sat -The price keeps dropping for 2 weeks now -It is also trading below the 50W MA which is not good -If the candle close below Moving Average -The mid-term price action might become too dangerous -So please always plan your trade and follow your stop loss location A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
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by PolarHusk
4
POLY/BTC (Retested Key Level Support 3x)💎Technical Analysis Summary💎 BINANCE: POLYBTC -Polymath retested the key level of support for the 3rd time -The market still holding the above this area -We can see a potential descending triangle pattern -The pattern is unconfirmed until the support is broken down -You need proper discipline trading inside this triangle -Because if you don't follow your trading plan -Chances of losing big in your portfolio will increase A big Thanks for donating 💰 via Tradingview coins this week to billstenzel 🙏🎉 `````````````````````````````````````````````` Trading Involves High Risk ⚠️ Not Financial Advice 💸 Please Exercise Risk Management 💱 `````````````````````````````````````````````` Thank You All!🙏😊💖For Supporting My Channel 📺 Through Leaving A Thumbs Up, Comment & Follow 💬 Happy Trading!😊💕💖 ``````````````````````````````````````````````
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by PolarHusk
16
POLY/BTC (Testing Major Support Area)💎Technical Analysis Summary💎 BINANCE: POLYBTC -Polymath is now testing the major support area -This zone is a confluence of previous support and resistance -I don't recommend to enter a buy position now -My advice is to wait to form a consolidation base -And look for any reversal signs like pattern -You may enter on the upside breakout confirmation -Target the previous support area at 400s sat `````````````````````````````````````````````` Trading Involves High Risk Not Financial Advice Please Exercise Risk Management `````````````````````````````````````````````` If You Like My Daily Published Ideas A little Help By Supporting My Channel Through Leaving A Thumbs Up, Comment & Follow Happy Trading! --> Thank You! :) ``````````````````````````````````````````````
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by PolarHusk
7