Polymath is an ambitious and a promising blockchain project in the security token space which is building its own blockchain POLYMESH with the help of Charles Hoskinson (Ethereum co-founder and Cardano founder). Poly has been dropping in price against BTC for quite some time and the chart looks quite bullish due to the following reasons.
Price just under 20 SMA of 320 sat and a move move will see quick short term gains to 365 which is the daily BUY Trigger as of today.
Ichimoku cloud 'KUMO' is getting narrower with a potential move above the cloud which will bring HL confirmation and a potential longer term bullish price movement.
Security token space is still at its infancy and has a huge potential. Given Polymath has the first mover advantage with lot of respectable and reputed Partners, the best is yet to come.
------------------------------------------------------------------------------------------ Entry: Below 315 Targets: 365, 425, 633 SL: 290 recommended (Just below 293 Daily LL) ------------------------------------------------------------------------------------------ Check my 'Scripts' page to see my published scripts. Get in touch with me if you would like access to my invite-only scripts for a trial before deciding on a paid access for a period of your choice. Half-Yearly, Annual and Lifetime access available on invite-only scripts along with 1hr Team Viewer intro session. ------------------------------------------------------------------------------------------
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