Polymesh produced a strong bullish wave between August and October 2023. This wave was corrected beyond 100%. All gains plus some more were erased and thus POLYXBTC is trading at new lows. In fact, the current action now is lower than the lowest price we had back in June, July and August 2023. This is good. When a pair moves beyond the stop-loss, the last low or...
◳◱ On the $POLYX/ CRYPTOCAP:BTC chart, the Ascending Triangle pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.00000432 | 0.00000467 | 0.0000054 and support near 0.00000359 | 0.00000321 | 0.00000248. Entering trades at 0.00000402 could be strategic, aiming for the next resistance...
it's testing the downtrend and it can rebound from it If it breaks the downtrend, it can reach the second buy area