Polytrade by Virtual - Bullish!!Since ATH on 29th Nov, the price has been slowly retracing and forming shallow wide bowl over a month. The price went up to test Fib 0.236, retraced back to 0.618 and now ready to move back up. I really like the price to bounce up and down and up and down between key Fib level. MACD, RSI and RSI
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Polytrade by Virtual - Bullish!!Since ATH on 29th Nov, the price has been slowly retracing and forming shallow wide bowl over a month. The price went up to test Fib 0.236, retraced back to 0.618 and now ready to move back up. I really like the price to bounce up and down and up and down between key Fib level. MACD, RSI and RSI
POLYMATH has some very interesting long-term upsideThere's potential here for a long term break-out. It's looking like there's a huge upside potential if we can break free of this channel. Perhaps, we've on wave 2 of the highest degree of trend with wave 3 ready to burst through the upper trend line. The sooner it does, the more violent we will go t
POLYUSD Crucial bullish break out. Just 1week MA100 left now.Polymath / POLYUSD crossed over the Falling Resistance, which has been supressing the price during the Bear Cycle since the August 2021 High.
In the meantime, the price succesfully crossed also over the 0.236 Fibonacci level.
The last Resistance standing is the 1week MA100 (sitting on the 0.382 Fi
POLYUSD Wait for a clear break out.POLYMATH is having a strong (1d) candle, crossing over both the MA50 and MA200 (1d).
This is not a bullish signal yet as the long term pattern remains a Channel Down, particularly bearish under the Falling Resistance.
Trading Plan:
1. Sell as long as the (1d) candles close under the Falling Resista
POLYUSD Crossed over the Bear Cycle's Resistance! Major move!Polymath / POLYUSD crossed today above the Falling Resistance that dated back to September 4th 2021, the start of the Bear Cycle.
This is the first major bullish breakout signal, with the second and more decisive being when it will cross above the 0.382 Fibonacci level.
Be ready to buy that breako
POLYUSD testing the 2021 Resistance!Polymath (POLYUSD) is having an incredible 2-day stretch and is testing the Lower Highs trend-line (from October 06 2021) for the first time September 08 2022. A 1D candle closing above it will be a buy signal for us, targeting 0.3250 (the 0.382 Fibonacci) on the short-term and if another candle clo
POLYUSD - Further Upsides? Horizontal lines can be drawn and used as points of resistance
The recent bull move kicked price up to the middle line
Now the move we are seeing may extend to the upper line, breaking past the horizontal resistance in red
1.618 of this fib circle seems to be acting very bullishly for POLY
I would l
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