Polymath
$POLY basic idea, as $RVMJust a basic idea, following very similar patterns as RVN, not a buying advice, just a basic and pretty primitive idea, bcuz i'm still learning, so, let's see :)
About to break this descending channel.About to break this descending channel.
Sitting at ATL support, UCTS showing a buying signal already in the 6h chart.
MACD starting to rise. RSI bouncing from oversold levels.
Volume showing some slowly rise. Potential targets on the chart...
POLY Double Bottom Wyckoff Accumulation EventDouble Bottom — "Absorption at higher level" Trading Range found on POLYBTC chart, and now price in a good zone to take a trade.
This is last pattern in series of Wyckoff Accumulation Events
Previous patterns you can see here:
Head and Shoulders / Saucer:
Cup and Handle:
Ascending Channel:
Descending Wedge:
POLY is Gearing upStart Accumulating down here. This may be a mid-Long Term Play, so.
Selling if we fall below the buy-box and test the underside with a fail.
Poly/BTC- expected upward movementBased on the chart I expect Poly is ready to reach the target, IF THE MARCET STAYS STABLE FOR AT LEAST A WEEK!
There is a trading opportunity to buy in POLYBTCTechnical analysis:
. POLYMATH/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00002411 to 0.00002009). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00002411)
Ending of entry zone (0.00002009)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00002970
TP2= @ 0.00003470
TP3= @ 0.00004290
TP4= @ 0.00004730
TP5= @ 0.00005220
TP6= @ 0.00006420
TP7= @ 0.00009160
TP8= @ 0.00013570
TP9= Free
Polymath Getting Ready -Full Trade [POLYBTC](102% PP)Polymath (POLY) Overview
The Polymath network connects token investors, KYC providers, smart contract developers and legal experts who help form the basis of your securities token.
Polymath (POLYBTC) Chart Analysis
Here is a new trade for Polymath, this one generated really good profits for us in the past:
High volume starting now.
Bullish MACD and RSI.
Low risk, high reward.
Over 100% profits potential.
Trade instructions Polymath by Alan Masters
Buy in: 0.0000231 – 0.0000264
Targets for POLYBTC by Alan Masters:
(1) 0.0000291
(2) 0.0000331
(3) 0.0000371
(4) 0.0000411
(5) 0.0000451
(6) 0.0000481
(7) 0.0000535
Notes:
Not all targets are meant to be reached. You are supposed to sell as soon as we hit our first target and start collecting profits.
Stop loss should be raised after we start to hit our targets.
You can also buy and forget, hold long term, and aim for the higher targets.
Stop loss: Close below 0.0000197 on the weekly candle.
Capital allocation: <5%.
NOT YET… TIME PREPARE
Wait a minute. Sometimes it is good to wait.
We might get excited and all, but the system not being ready, means we have more time to reflect.
More time to prepare, to train, to relax.
Wait… Not yet…
At its own pace… on its own time…
All of your true desires will come to pass.
Namaste.
POLY 2019 downtrend breakout with huge volume! Easy profits!Please, if you can, LIKE this analysis, FOLLOW me and continue to help me contribute to my work that is done for free!
Poly was under the spotlight of crypto world for several moments in 2018, with great moves that brought many profits and also losses to investors.
Now it's time for the first big move of 2019!
The price broke the downtrend started in January with great volume, confirming the expectation of a bullish move, we are now buying on the pullback!
In the RSI and MACD we can see bullish divergences and both are in a very strong uptrend and the positive side (RSI above 50, MACD above 0)
The price is already above 200MA and currently the 20MA is serving as dynamic support. Both short-term MAs are aimed above and should soon cross over to 200MA giving even more fuel to the bullish movement.
Ichimoku is totally bullish, price is above the green cloud that will also serve as support, chikou-span above the current price and Tenkan crossed over to Kijun.
It is a great buy option that should bring great profits in the next few days / weeks.
BINANCE:POLYBTC
BITTREX:POLYBTC
POLONIEX:POLYBTC
HUOBI:POLYBTC
Stop Hunting, Cycles of Profit and History Repeating with POLYBINANCE:POLYBTC on the daily and we see a second flash crash (Stop Hunting and Mass Accumulation of cheap POLY), but what's next...
Volume has grown 3 days straight, separation on the MACD and well...THE LAST TIME!
In my opinion I've marked 2 reasonable targets at...
2642 sats
2873 sats
Let me know what you think and feel free to share your charts :)
Divergence formed in Polymath (POLYBTC)Buy Polymath above 2430 Stoploss below 2150 take profit 2940 ....Divergence formed in one day chart.. maximum trade value is 10-20% of your portfolio.
You can buy if price crosses 2430 level..
Daily Bullish Signal $POLY #POLY (11 Feb 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
POLY-BTC Long Trade PlanCommodity : POLYMATH
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1-2 weeks
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 8% to 28%
Prospective Loss : 4.5%
RRR : SL to TP1 is 2.14, SL to TP2 is 3.35 , SL to TP3 is 6.62
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
Polymath Polymath
The Polymath platform has the overall aim of providing legal and technical expertise to facilitate tokenization of various financial assets and instruments. The platform has managed to pull token issuers, legal experts and technical professionals together in order to build an ecosystem which harbors the ability to assist in the production of tokens which are fully regulatory-compliant on the Ethereum blockchain.
The platform uses the POLY token as a medium of exchange for all key operations which include payments relating to the development of new securities tokens and the buying of new tokens created on the platform.
In technical we touched support line of the trend line and this is good opportunity to buy at this level. Swing trading
POLY_BTC Long Trade PlanPolyMath LONG TRADE
Chart is self explanatory I think.
Accumulation zone is mentioned along with Stop Loss and TP Price Points.
POLY - 67%+ Potential Profits! [FREE TRADING SIGNAL]Pair: POLY/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Technical Analysis
- Holding Trend Line Of Descending Triangle
- Higher Lows/Higher Highs (Micro)
- Bullish RSI
Fundamental Analysis
- tZero (STO Trading Platform) will be going live next week which will allow the trading of STOs, and therefore, increase the demand of Polymath for launching STOs
Our Entry Zone
0.00003200 - 0.00003500
Our Targets
1: 0.00004000
2: 0.00004400
3: 0.00005350
Our Stop Loss: 0.00003000
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Have a great day,
Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
Large Symmetric Triangle FormingSymmettric triangle - base has proven history as strong support where the price has bounced strongly on two occasions (three if you count the 10th of Jan).
Polymath - Levels to watch on the dailyResistance and support levels to watch for the next days and weeks.
Currently in a great position for longs. Nice pre-pump some days ago with volume.