polThis red box has a resistance, and if it fails, it can touch the blue points, otherwise, the green points and the bottom of the channel.
POLUSDT trade ideas
#POL/USDT#POL
The price is moving in a descending channel on the 4-hour frame
And it is sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.3622
We have an upward trend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.3680
First target 0.3819
Second target 0.3964
Third target 0.4121
Fourth target 0.4290
Pol bullish soonPSX:POL forming a triangle and consolidation over buying zone a retest to 0.36$ is expected to bring some volume in the market, , my targets for short term are 0.39$, 0.43$ and 0.49$ and for long term it is 0.7$.
POL/USDT-2H-BINANCE & BingxThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
Polygon's MATIC transforms into POL: will POL rise back?A couple of days ago, the Polygon chain accomplished its much-awaited migration, wherein POL replaced MATIC as the native gas and staking token. While the newly launched POL is expected to play a crucial role in AggLayer, the community could decide to expand the utility of POL in subsequent phases. While the MATIC on the Polygon zkEVM will be automatically swapped to POL on a 1:1 basis, the tokens on Ethereum and other chains require a manual migration.
Meanwhile, the POL price remained stuck under $0.4 until the traders jumped in with a massive influx of buying volume. The POL price experienced a quick upswing after the volume soared. above $70 million, halting the ongoing descending trend. The technicals have turned in a bullish favour, which revives the possibility of reclaiming $0.5. The bulls are trying hard to materialize a parabolic recovery and a bullish close above $0.44 may keep up the probability of a bullish continuation for the next few days.
The price is trying to set a parabolic curve, which appears to be more likely as the RSI is ascending with the MACD close to undergoing a parabolic crossover. Besides, the steep rise in volume suggests an immense rise in the trader’s confidence. Therefore, the POL price is believed to maintain a steep upswing and rise above $0.57. However, the token may face a pullback before reaching the pivotal $0.6 zone, which may exhaust the selling pressure.
The upcoming quarter is believed to retain a strong bullish momentum within the markets and hence the POL price is also believed to demonstrate some strength. Therefore, as the market dynamics change, the token is expected to reclaim the $1 milestone, validating a move above the bearish influence. Although forming a new ATH remains a tedious job, the Polygon (MATIC) price or the POL price is believed to maintain a slow and steady upswing in the days ahead.
POL USDTPOL USDT
SPOT
Green line for buy
If you like, after breaking the yellow line and confirming, you can enter the Short position in futures ( Green Line Tp )
#POL/USDT is holding above the Diagonal Trendline in 1-Hour TF!#POL/USDT is holding above the Diagonal Trendline in 1-Hour TF!
PSX:POL needs to hold this trendline to remain bullish. In the case of Diagonal Trendline breakdown, we can Shorten it. The local support level is PDL $0.3712.
POL on its way to $0.70 on the 4H chartBased on the chart, the belief that POL is likely heading toward $0.70 stems from several technical indicators and patterns:
Ascending Channel: A green upward sloping channel has been drawn on the chart, and the current price action is following this trend. The price is bouncing off the lower trendline, indicating support, and it is expected to continue following the pattern upwards within this channel.
Support Levels: There are several well-established support levels (green horizontal lines) below the current price. These support levels have historically helped the price rebound upward. As long as these supports hold, the bullish trend within the ascending channel is likely to persist.
Resistance Levels: The chart shows orange horizontal lines marking previous resistance levels, notably at around $0.70. The price action is currently far from this resistance level, but it appears to be targeting it. The gradual rise within the channel suggests a slow climb toward this level.
Volume Spike: There’s an evident volume spike near the current price levels, indicating heightened buying interest. This volume surge could be a signal of accumulating demand, pushing the price upward.
Supertrend and Other Indicators: The use of the Heikin Ashi Smoothed Buy Sell v4, Supertrend, and Crypto_POON Trader Trading Strategy indicators adds further confidence. The indicators appear to be favoring a bullish trend, which aligns with the view of reaching $0.70 as the next major target.
Technical Bounce from Recent Lows: The price recently touched a low point near $0.30 but has since rebounded off this low with a strong upward move, which is consistent with a recovery pattern. The upward movement has already started within the green channel, indicating the potential for continued upward momentum.
In summary, the combination of the ascending channel, strong support levels, a volume increase, and bullish technical indicators all suggest that the price of POL is on track to potentially reach $0.70. The red trajectory within the green channel indicates the expected oscillations on the way to this target, while maintaining the general upward trend.
IDEA is only an IDEA till....Caveat Emptor/
Assuming : We had done enough research on a coin.
The bullish vibe is so high 1000%
SO what do we do?
#DO nothing and dream... :)
#Pump everything into one crypto at one price and one time!
OR
Dollar cost averaging for 3-6 months
-depends on your budget - some can do at $10 without effecting your budget..just do $10 every week or fortnightly. (some ppl $10K 100K..hehe)
and WAIT... this is most difficult job.
PETRONAS Twin Tower in Kuala Lumpur wasn't built in a day.
Like always I am no guru.
You can find your guru on youtube.
All the best. May you success always.
Lots of love from Malaysia.
Land of sunshine.
Tracking POL Whales After 5R tradePOL has just given a trade of 5R to dip buyers. Just tracking their moves.
Tracking POL Whales After 5R tradePOL has just given a trade with a 5R reward. This is the retracement from 5R back to 1R. I am tracking the moves of players, however I expect .14 or 2R short term.
pol/usdt swing ~The POL token (Proof of Liquidity) serves as credits for Pool-X, helping to record the flow of liquidity certificates and working as the payment method for liquidity bids in the aforementioned trading market. Ultimately, POL was created to cope with the inadequate liquidity of staked crypto assets.
this is an essential token in the world of staking on Kucoin.
i'm picking up some pol right here, as it retests this long bear channel.
been consolidating for weeks now, and we're about to get a weekly algorithmic buy signal using our proprietary system.
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wave 5 target = $1.6
POLUSDT giga reversal LONGI should have posted this three days ago when I took the trade. but here it is anyway since it's a long term reversal. POLUSDT, a Kucion project for Kucions DEX offering, is about to explode. Targets on the chart. D3, D7, and D10 fishers on the chart. This is a trade that can take up to 9 months to complete.
POL BULLISH SETUPThe asset has now violated its R1 with great volume. we took our buy positions within the entry zone labeled on the chart below 👇🏻
POLUSDThi
Correction continues
After correcting the start of wave (c) which will be very good in the long run
Do not forget to smile for 5 seconds a day
POLLooks ready to breakout of a down trend continuation. It has reached a strong support level. I think this one would be ready to move pretty soon.
$POL.X poised to double?Checking this chart, long term downtrend has broken, MACD has crossed, 10ema crossing the 20. Last time it broke out from this level it doubled in a couple days. Let’s see what it’s got.
POL/USDT ideaLooks like after that over 200% run in a few days POL wants to cool down for a bit, before another leg up.
POLSThis one looks ready to pop, No predictions on what it will do, but it likes to throw out 25% candles, so anything could happen. But I think a 7-10% gain is probably the floor.
A great entering point with about 20% of return.An entry point with a profit of around 20% is now appearing. If the top of the triangle breaks, it will affect plus or minus 0.021
it could be the first step before going up even more and can touch 0.03 before starting a downward movement again.
See the analysis done for today and if it touches you, please like and share.
Pol usdtI had two buy signal on this coin and both of that was great
But now it is in last buy signal again but now it is different if we support here we can go till the roof of three angle and it is a great resistant for this coin if break we will see another ATH price
But we are near the support if you buy set stop.
