POLYBTC
Polymath has been accumulating for almost 1 year. Same type of accumulation as ADA.
After hitting a high of 0.00000642 BTC, the day before the polymesh network release, the price corrected almost 40% against btc. Hitting the 0.618 fib retracement from the bottom to the local high. It looks like poly has just found a new bottom. Although there is no certainty about this exploding right now, a breakout of 0.00000642 would form a big cup and handle reversal pattern.
The best way to trade it is to trade the breakout, to avoid getting stuck in a coin that could stay range bound for weeks.
As usual this is just for educational purpose.
After hitting a high of 0.00000642 BTC, the day before the polymesh network release, the price corrected almost 40% against btc. Hitting the 0.618 fib retracement from the bottom to the local high. It looks like poly has just found a new bottom. Although there is no certainty about this exploding right now, a breakout of 0.00000642 would form a big cup and handle reversal pattern.
The best way to trade it is to trade the breakout, to avoid getting stuck in a coin that could stay range bound for weeks.
As usual this is just for educational purpose.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.