POLYBTC
Fibonacci reform in the region 55 to 65%Hello friends
Although I believe that in such a situation, you should not enter the position of the market, but I entered into a deal by adhering to my own strategy.
Downward MACD, upward price
POLYBTC getting bounced from the support of wedgeBig wedge:
On the weekly chart, the price action of the Polymath token is moving in a falling wedge pattern. The volume profile is showing less interest of traders close to the support and strong interest above the resistance of this pattern. The lower bands of Bollinger bands is also above the support of the wedge and the upper band is also above the resistance of the wedge pattern. The stochastic is in the oversold zone but did not give bull cross or buying signal so far. MACD has turned weak bearish from strong bearish.
Monthly big BAT:
On the monthly time frame chart, the price action has formed a big bullish reversal harmonic BAT pattern and entered the potential reversal zone.
Weekly SMAs:
On the weekly chart, the price action is moving below the 50 simple moving average. The 100 SMA is aggressively moving down to cross down the 50 SMA that will be a very powerful bullish event.
Conclusion:
The price action is at the support of a wedge and also entered in a potential reversal zone of big BAT. Therefore there are big chances that the price action will start a very big bull run soon.
POLYBTC completed bullish BAT for up to 126% bullish rallyHi friends hope you are well, and welcome to the new update on Polymath (POLY) token.
On the long-term monthly time period chart, the price action of the Polymath has completed the final leg of bullish BAT and entered in potential reversal zone.
Possible profit and loss ratio:
This trade has profit possibility of 126% and the loss possibility is only 15.5%
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
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Polymath (POLY) Higher Low & Bullish ActionHere we show you the higher low for Nov. compared to May for POLYBTC:
I guess you know this signal clearly by now.
We can also see POLYBTC above EMA50 and challenging MA200.
We also have higher lows short-term.
The indicators support additional growth.
We are looking at 43% from the current price to our "main target".
Namaste.
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Disclaimer: This is not financial advice.
Do your own research before trading.
All the information shared on this channel is intended only for learning and/or entertainment purposes.
Polymath... Zoom Out To See 1221.12% Potential to ATHLet's take a look at POLYBTC and MA200.
To left, you can see what happened when this level was first conquered earlier this year.
This same line/price level is being challenged today.
Now, zoom out to see over 1221%...
Here you can see the potential profits to ATH.
This is completely possible since we also have a higher low compared back to January.
Just as we hit new lows, we can also hit new highs.
The next altcoin market bull run will be of epic proportions.
Namaste.
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 🙏🎉
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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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Polymath (POLY) Back Above MA200, Next 47% MappedPolymath (POLYBTC) continues to consolidate while printing higher lows.
Right now, prices are back above MA200 and EMA200, which opens the doors for additional bullish action.
We can expect momentum to build up and an easy 47% price jump as long as prices remain above MA200.
Thanks a lot for reading.
Namaste.
POLYBTC LOOKS GOOD FOR A BUY — 100DAYS OF TA, DAY 84Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 84 of the 100 Days of TA is here! Today's spotlight is on POLYMATH (POLYBTC). I talked about the next direction of POLYMATH and the whys. I showed some high probability setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
Polymath Bulls Are Back In PlayPolymath (POLYBTC) is looking good after the MA200 black line holds as support.
First, we saw MA200 being conquered back in May which led to 130%+.
Prices started to retrace and MA200 worked as support (light blue).
After a 'lower high', MA200 was tested again and broke...
Today, we are seeing prices moving back up.
The bulls are back in control.
We also have a strong RSI and a bullish MACD cross.
Let's keep it simple:
Bullish above MA200...
Bearish below.
Namaste.
POLY/BTCI think the bottom was in for Polymath. Downtrend was broken a long time ago.
Whatever path it takes, I envision a 5x from current levels. Been flipping this since my initial buy at 250 sat range back when altcoins died in March. In my opinion, this is a reasonable place to start a position. Could take a while, and feel free to take profit on the way up.
Markets in general are shaky (but when are they not).
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
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Not Financial Advice
Please Exercise Risk Management
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A little Help By Supporting My Channel
Through Leaving A Thumbs Up, Comment & Follow
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POLYBTC LOOKS GOOD FOR A QUICK BUY — 100DAYS OF TA, DAY 79Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 78 of the 100 Days of TA is here! Today's spotlight is on POLYMATH (POLYBTC). I talked about the next direction of POLYMATH and the whys. I showed some high probability setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
Polymath Trading analisisHello traders,
Polymath is close to our buy zone. it would be a good opportunity to buy for a profitable swingtrade. We are watching the green zone to buy more.
Please push like button.