Daily Bullish Signal #POLY #POLYBTC (2800)#POLY (POLY/BTC)
Buy : 2700-2800
Flash Sell : 2900
Short Sell : 3000
Long Sell : 3200-3400-3600-3800-4000
Stop : 2575
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POLYBTC
POLYThe purchase is made after the price break through the resistance area 0.00002311 BTC
Stop Loss : 0.00002075 BTC
Sell :
0.00002510 BTC
0.00002680 BTC
0.00002840 BTC
0.00003080 BTC
0.00003380 BTC
Daily Bullish Signal #POLY (18-09)#POLY (POLY/BTC)
Buy : 2350
Flash Sell : 2450
Short Sell : 2600
Long Sell : 2800-3000-3200-3400
Stop : 2100
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$Poly, New Low Ahead
Daily
Looking at our trend timeframe we see Poly is not only in a major downtrend but also stuck in a minor downtrend as well. Stochastic RSI showing momentum remains in favor of bears. A daily close below 2500 and expect a sell off towards 2000, however if we close above 2500 expect a push towards 3500.
POLY 5 Wave StructureThere might be a 5-wave structure in place indicating that the down move could be over.
There also appears to be a confirmed head and shoulders bottom on the 4-hour chart.
This may give credence to the Elliot Structure and justify a modest bullish view on POLY/BTC.
Polymath VS Bitcoin Found SupportOn the 26th of June, Polymath found the bottom at 4260 satoshis. Then price went up, gaining 56% against the Bitcoin, when it hit the high at 6650 satoshis. There it has rejected the 23.6% Fibonacci retracement level applied through the all-time high.
POLY/BTC then corrected down and today seems to have rejected the 61.8% Fibonacci retracement level at 5170 satoshis. At the same time POLY rejected the 3/1 Gann Fan trendline.
Obviously there is strong support, which could be the starting point for the uptrend continuation. But perhaps it is too premature to talk about the uptrend with confidence, and break and close above the 6650 high could be that long waited confirmation.
But currently price is likely to consolidate between 5170 and 6650 satoshis. At the same time, if the 5170 support will be broken with confidence, price is likely to continue moving lower towards one of the Fibonacci support levels.
$POLY, 2018 Bottom….
Daily
Looking at our trend timeframe we see price respecting our bearish parallel channel. Price has also reached it’s historical lows, don’t forget Polymath is one of our newer coins added this year. Stochastic RSI showing momentum heading towards the upside, a close above our channel activates our trade or a 4hour close above 5200
Polymath Network (POLY) Double Bottom - $3 - $5 by end of 2018Polymath Network (POLY) Double Bottom - $3 - $5 by end of 2018 | As the crypto market becomes a regulated market most utility tokens from past ICOs will be considered securities by the SEC. I suspect regulators will provide ICO teams and crypto exchanges some kind of amnesty plan and method to become compliant retroactive. This means ICOs will give way to STOs and security tokens will be the new mega-trend in crypto markets! Polymath Network ($POLY) will be at the center of this revolution. Polymath will launch a real live app this month (July 2018) on the Ethereum main net! Polymath Core TORO will make it easy for anyone to create a security token and launch an STO. Polymath also owns the domain tokens.com which they plan to build into a coinmarketcap-like site but for security tokens. If you don't already know about POLY, don't sleep on this one! With Binance listing coming any moment, POLY is prime for a big run. See SelfKey ($KEY), a Polymath partner, which just got listed on Binance and shot up 450% in a few days! www.polymath.network
Poly Hard To Pass UpAnother alt that is hard to pass up at these prices. This looks bottomed out to me, I am scaling into this and will buy lower if I need to
I am down a 30%, on this chart, what do you predict and why?I am down a 30%, on this chart, what do you predict and why? looking to learn on how to do technical analisys, thanks in advanced!
#POLYBTC #Polymath looking good back in this channelwith entries as close to 7500 ideal, at 0.236 fibonacci retracement from the recent high. So far, simple mean trend reversion/correction here and a play for security tokens long-term. Bitcoin still in neutral territory and could still go below 6000 so for those considering long-term plays, important to risk manage by position sizing in.
POLY, The Beauty of Bittrex looking fine as ever.POLY retraced to .5. Again a relative bullish retracement considering btc. Here we want to complete this short term c&h as drawn in by the waves. Once that is formed, look for the retracement. And then mayhem. This one is looking pretty solid on the charts atm.
Let's get a listing, eh Binance??
They are all going to laugh at my inverted Head and Shoulders!
xoxo
GoldenParachute
POLYBTC H4 ChartAs you can see in POLYBTC H4 chart, the price has touch fibo 50% and retrace then going up. Now, the price is showing around fibo 38.2% and above MA which is a good sign to go up.
*Always do your own research before placing a trade. The analysis is written depend on analyst own skills & knowledge, difference analyst might have difference opinions.
POLY/BTCFirst time analysing a graph against BTC instead of USD, and if you are asking why, it's because Polymath isn't tradable with USDT on Bitfinex! Forming an upper triangle pattern, Polymath growing between the 0.786 and 0.618 region of the Fibonacci Retracement.
Polymath VS Bitcoin Going UpPolymath has found the bottom at 4300 satoshis after which the uptrend has begun. Price has already reached 13.5k satoshis, which has resulted in a 215% growth in just over one month. When that high has been reached, price broke above the 227.2% Fibonacci resistance with a daily close above.
The corrective wave down followed and POLY/BTC found the support at 127.2% Fibs, that is 10662 satoshis. It seems that 10k sats is a strong psychological support area from where the uptrend could continue. While th 13k satoshis resistance has been broken, the next logical target is at 327.2% Fibs, that is 15.5k satoshis - another 35% growth potential from the current price.
It is possible that Polymath would take some time to gain some upside momentum and price could go down to the 50 Moving Average. However, the trend remains bullish and it just a matter of time till POLY/BTC will produce a new all-time high.
Polymath POLY is uncertain! Short gains insight POLY looks neutral to me right now.
There might be some short term upside where it will hit old resistance.
However, the MFI suggests the prices moving up as there is more money flowing in and people are buying more.
We have to watch the coin closely before making any moves so that we have enough information to revisit the technical analysis of POLY.
#polybtc #polymath
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POLY(Polymath) Strong and clean setup!All is explained above!
So strong and powerful bounce from trendline tells us that this could move strongly upwards!
Good luck!
POLY/BTC Short term tradePretty simple setup, going to be going long near the Kijun support with a target at the Tenkan resistance.
Buy: 10900-10500 sat
Target 1: 11400 sat
Target 2: 12080 sat
Target 3: Open
Stop-Loss: 10300 sat
Polymath Doing It's Thing (Bullish Channel) - Consensus 2018
Pretty self-explanatory chart. However if you still need breakdown, here you go!
No sign of reversal here. I expect it to either continue on its current bullish trend, or breakout to new and unexplored highs. RSI is overbought. MACD is showing a bearish divergence (but well within the confines of what's normal). Current retracement will hit bottom of channel (support) in what is labeled as the BUY ZONE. It coincides with 23.6 % fib retracement level as well as EMA55 which has been acting as support since mid-April. That's where I'm going LONG.
My first target will be what I've labeled as SELL ZONE.
For more info don't hesitate to contact me on here or on twitter and drop me a line or two. I'll try to help out whenever I can.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
POLYMATH: CRYPTO BOTTOM SIGNAL - 24 HOURS = 36.68% PROFIT!!!Our "Crypto Bottom" Trade Signal has correctly identified a buy in point on the 9th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 36.68% PROFIT!!!
The increase in price may also be explained by positive developments including:
February 14: Polymath Network gets listed on Kucoin cryptocurrency exchange.
March 22: Blockchain startup Crowd Machine has announced a partnership with security tokens platform Polymath.
April 7: Polymath release an update to it's core codenamed "Toro".
April 9: Polymath Network gets listed on Bittrex cryptocurrency exchange.
April 20: Polymath and Trustroot Partner on Verification Service for Security Token Offerings
April 21: Polymath is pleased to welcome our newest advisor, Michael Hyatt. Michael is also a weekly business commentator on CBC and was a celebrated “Dragon” on CBC’s online Dragons’ Den.
April 25: Polymath joins the Blockchain Research Institute along with Aion, Decentral, and Salesforce. Blockchain Research Institute is a multi-million dollar global research initiative undertaking the definitive investigation of blockchain strategies, opportunities, and implementation challenges. Other new members include Navigator Limited, the first public relations firm to join the institute, and brand management agency VIKTRE.
April 26: Polymath and CrowdfundX, a company focused on AI-powered digital marketing, have agreed to pursue a collaboration to offer CrowdfundX’s digital marketing services to security token issuers on the Polymath platform.
(NEW) April 27: Polymath released guide to launch A Security Token via Polymath.
(NEW) May 7: Officials from the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) will gather as part of a working group to discuss the regulatory classification of Ether and other cryptocurrencies. This is expected to have positive impacts on Polymath.
(NEW) May 9: Angel Investor Gil Penchina (an early Paypal investor) speaks at the Startengine ICO 2.0 conferences and announces that “Securities Tokens Are Coming”. He also states token infrastructure such as the “ The Polymaths , the Cointopias, TZEROs and Harbors…” are required to facilitate this proces.
The positive news combined with the uptrend in prices from the general crypto markets can explain the increase in price.
Polymath POLY 1 HR Technical AnalysisPoly is testing previous low at support right now
ATH = $1.60
Well looking at 100% profits if you get in now
I do see it going lower, so be patient with this one and watch the Fib and S/R before jumping the gun
$DYOR and Happy Trading