Long
Updated

Polkastarter (POLS)

1 941
On the above 3-day chart price action has corrected over 90% since the sell signal in October 2021 (not shown). Now is a good opportunity to go long. Why?

1) A strong buy signal prints. (not shown).

2) Price action resistance breakout.

3) Strong positive divergence between price action and multiple oscillators. This divergence occurs over a 90 day period. The idea is a mirror copy of the LCX idea 48hrs ago.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: Don’t know.
Trade active
Note
2-day BTC pair below. For those of you that follow my ideas you'll know what this particular candle pattern that is playing out below is a favourite.

2-day
snapshot

If you don't know why I like it, read about it here:

Sensorium (SENSO) / BTC - A rewarding candlestick pattern
Trade active
GRM support confirmed. As with every other token that has 'popped' recently, we first saw GRM support beforehand.
Trade active
GRM support confirmed (again). Price action moved up 50% on the last confirmation. Will this time be different? No and no.
Note
Price action is up over 200% since publication, and overbought. Past resistance has yet to confirm as support and is 50 to 60% correction below. Take caution.

weekly
snapshot
Trade active
Uptrend continues. Don't miss this next impulsive move.

PS:
A few messages / PMs that ask about my position in this trade etc.
Folks, 90% of the ideas published by WW are without positions by myself, just sharing the idea! Pay it forward and all that.
Trade closed: stop reached
Note
Returned around 200% from publishing

snapshot

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