Bottom-in material. Monthly breaker play. Weekly OB to hold for a higher low. Alts begin their run now for a trend shift. Liquidity runs on any lows are for BUYING
POLK is stuck in a triangle pattern, forming an ABC. Short to the .618
POLKUSDT is forming a double bottom to confirm next week I have been watching the BTC.D for a while now and it looks very weak. IMO it will set a new ATL in the coming months. Do not be surprised if the alts have a strong rally.
Polk is a product of dot ecosystem , nice long term setup, not financial advice, if you like it then just like it
Hi Everyone! polk At the beginning of the bull rally After failing to break the cloud resistance And according to Ichimoku time periods I give the possibility of moving upwards for a long time
POLK looking like it wants to move on the Daily. Purple channel (flag) measured move taps the 0.5 fib extension. Blue arrow (pole) measured move taps the 286 fib extension. Higher still, yellow arrow measured move (rising trend channel) taps the 100% fib extension. A bearish move could send price down to the ATL area. Looking for a bounce at the green box...
- POLKUSDT can be found on Kucoin - This is one of my favourite projects which I have been holding for a while now - Huge bullish volume pushed price up to key zones which has been followed by a sizeable correction - Good dca opportunity from this current key zone marked
we have an impulse and now it is in correction phase we will buy it after breaking the 1.15 price at 4h time frame
In fact, they rested at 0.618 fibonacci, Which may be a sign of the end of growth and the subsequent continuation downwards and ATL. However, we are still in the middle growth channel, where a rebound of + ema200 may occur around 0.83, and there will also be a retest of the penetration zone
Medium term targets IF btc.d declines Red area for taking profit, green area for reload if showing volume and strength. Volume is very important here so keep watching obv. Current obv is extremely weak, breakout of triangle possibly a fakeout. If volume increases rapidly then don't take profit
POLK reached resistance and re-tested. Very low volume and break of two supports with re-test of trendline. Still slightly bullish on HTF but due a retracement.
After enough correction, POLK is going to pump about 100%. A cup pattern can be seen on the chart.
Long-term signal : BUY : 0.58 ~ 0.5 Target : $1 , $2 No Stoploss!
The consolidation is close to an end, in coming days or weeks tops we should see a rapid growth. Also considering product developments are progressing - the future is promising.
POLKUSDT is forming a wedge so wait for breakout and go with small position and SL because of BTC unstable
Highly Bullish on Polkamarkets, MVP around the corner Targets on the chart