Poly breaking out with volumeVolumizer in on, it's even more visible on Binance.
If we break the 3500 resistance it's moon time.
Polymath
A wheelbarrow without a wheel. POLY / BTC analyticsBUY: 0,00002335 - 0,00002490
SELL: 0,00004200 - 0,00004230
STOP-LOSS: 0,00002390
Support: -
Resistance: -
Polymath is a blockchain-based platform that aims to combine traditional securities with blockchain technology. Users can fast initiate the release of their own security tokens, which is possible due to the functionality of the platform. In addition, the project wants to become the largest ST-exchange in the world. At the moment, the project uses the standard ERC20, and it’s not security tokens.
On August 14, the market fell and the token updated its minimum, which was formed at the level of 0.00000380. The rate lost about 90% in one candle on the daily chart, but quickly returned to its channel. The current minimum was formed in mid-September at the level of 0.00001989.
On October 17, the average trading volume increased 4 times, which spurred interest in the token. However, the hype quickly ended, the price and trading volumes began to fall to previous values.
At 0.00002980 level should observe the token behavior, if purchases are predominant it will be considered as the entry zone.
Volatility is in the range of 10-20% during the day, but liquidity is low.
As more than 70% of the asset is in one wallet, so the risk of price manipulation is high. Despite the fact that the project is very promising in light of the growth of interest in security tokens trends, care should be taken when trades with it. Be sure to put a close stop-loss.
[POLYBTC] Polymath Moves Up [350%+ PP]Polymath (POLYBTC) looks really good on the charts, we will go back to the basics here and read all the signals. This altcoin is available for trading both on Binance and Bittrex, as well as other smaller exchanges.
We are doing technical analysis here of the charts. We will start with the daily time frame followed by the weekly, and look for signals strong enough for us to open a trade. Let's take a look...
Daily chart:
- You can see a very clear uptrend since touching a low point on mid September. This uptrend is marked with a green dotted line.
- Volume is still average, but we are looking at slow and steady growth, which is another signal of strength.
- The RSI and MACD are both on the bullish zone and trending up.
Weekly chart:
- Here we have many different signals to look at.
- The falling wedge is a bullish pattern, and normally ends up with a break up. (Marked with two red lines)
- The last candle of the downtrend, #8, its a hammer which is a reversal candlestick when it is found at the bottom of a trend. Oversold STOCH and low RSI support this signal.
- We are in a clear uptrend after bouncing from the mid Sept. low (0.00001980).
- Let's trade...
Trade instructions Polymath by Alan Masters
Buy in:
(1) 0.0000301 - 0.0000321
(*) 0.0000281 - 0.0000291
(*) 0.0000231 - 0.0000264
Targets for POLYBTC by Alan Masters:
(*) 0.0000321 * Target hit 9-Oct. *
(2) 0.0000371
(3) 0.0000411
(4) 0.0000471
(5) 0.0000541
(6) 0.0000641
(7) 0.0000810
(8) 0.0000910
(9) 0.0001111
(10)0.0001354 (All time high)
I am leaving all targets for you for this trade.
Enjoy.
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 0.0000198 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 : A breakout is possibleEven if we are currently at resistance, I really think we can break out. PA looks like accumulation to me. First target (if we break the bearish trendline) would be in the next blue zone.
SL under previous low.
A trading opportunity to buy in POLYETHTechnical analysis:
. POLYMATH/ETHEREUM 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 59.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00072900 to 0.00063240). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00072900)
Ending of entry zone (0.00063240)
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= @ 0.00080150
TP2= @ 0.00086840
TP3= @ 0.00096640
TP4= @ 0.00109970
TP5= @ 0.00123360
TP6= @ 0.00142320
TP7= @ 0.00166570
TP8= Free
A trading opportunity to buy in POLYETHTechnical analysis:
. POLYMATH/ETHEREUM 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 59.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00072900 to 0.00063240). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00072900)
Ending of entry zone (0.00063240)
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= @ 0.00080150
TP2= @ 0.00086840
TP3= @ 0.00096640
TP4= @ 0.00109970
TP5= @ 0.00123360
TP6= @ 0.00142320
TP7= @ 0.00166570
TP8= Free
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
Follow me for more signals daily
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
Follow me for more signals daily
PM me if you need help or learn to trade
POLYMATH (POLY_USD) currenty at all time lowPolymath (POLY) currently at all time low in term of usdt or usd
as you all know all time low points are best time to buy when the project is strong one.
And the the polymath is one of the best projects according to me .
it can give you 100-400% or even more returns in mid or long term..
good luck..
$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.
POLY-ETH listed on BinanceBroke through w/ volume. Seems there were insiders that knew about it a half-a-day or so ahead of everyone.
Anyways, POLY might be ready to go again a few days from now based on the Sines. Thoughts?
PS. Mainnet 2 weeks out.
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.
Butterfly Effect Hi, my fellow crypto friends! Here I am again bringing the power of Technical Analysis to the crypto community and like everyone, waiting for better times to make a profit.
Since today I will make my analyses in two official languages (English and Portuguese). I decided to do this way to increase the reach of my posts.
It is no secret to anyone that I am Brazilian and due to the request of several friends I made that decision.
So without further ado, let's talk about what matters.
Polymath is one of the most activities tokens in the crypto space. They do lots of partners, everyday meetings/speeches about how they are creating the better security token to the community and improving the code. Last week they created the MintHealth security token ( The first Healthcare security in partnership with MintHealth¹ ), a partnership with Pegasus Fintech.inc² and so on. They're very active.
However, the market is struggling, so we can't expect fast and huge changes in the volumes by now, we can expect small changes since the market is gaining traction. Anyway, the crypto market is very emotional and anything can happen overnight.
With that in mind, we can take the charts in perspective now:
If we take a look in the 4H chart it's easy to see a Gartley pattern ( in BLUE )and using Fibonacci extension we could expect a retracement until 0.00113828 (ORANGE line) the resistance between both triangles. The 20 EMA( in BLUE ) is leading the run again and if the market remains that way, have no reason to discredit a consolidation and reversal trend.
It's not a short trade, we can expect it maybe to the end of August.
My guesses and suggestions: The ideal would be to wait for a new uptrend channel and buy when it is in the dip.
For DayTraders who like to play in the hard mode, we can see in the 15 Minute chart a balance in the volume of transactions but all the altcoin market still slow nowadays which does not mean you can't make some profit. The chart shows little ups and downs of 7% on average.
In all these circumstances, you should always be nimble to not lose the point. Always update your stops, set a profit and when it happens don't be greedy and get out.
Always remember my fellow friends, I'm like everyone here who is trying to improve my views on charts and patterns, never take this as a financial advisor because you are on your own.
If you liked or have an opinion about this analysis, I'll be happy to read it.
¹ - www.minthealth.io
² - pegasusfintech.com
BITTREX:POLYETH
$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
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.