POLYBTC looking like it's forming a nice diamond reversal pattern; however, would need a daily close above the right side of the diamond to confirm a reversal and a move up to the green line. If we get a daily close below the diamond pattern, could end up being a continuation pattern down to the red line.
Polymath indicates to be in an accumulation zone. The daily and 4H MACD and RSI have higher lows and are trending upwards. There is also high volume in the past few days signalling accumulation.
The price may lower a bit further but not much as the market cap is very low (~11Million) which is way below their ICO raise (~200 Million)....
Crossed with spike in volume over ~350 sats resistance(never flip into support)
If continuation happens, aiming for a ~385sats retest as 1st target
If it decides to test ~350sats 1st, then it could be a good place for an long entry with SL under support
This coin is looking juicy and ready to pop up soon. Multiple Bullish factors can make this coin profitable.
Number 1 is RSI divergence to the upside. Nice green bull volume is number 2 factor and number 3 is the incoming bull cross of 20 Daily MA and 50 Daily MA.
This coin has a daily trading volume of over 4 or 5 Million dollars which is not a...
IT seems everything between 500-550 is a hold.
If price breaks below, next support is around 450, if that fails, look for 300 as your final entry and accumulation point.
Watch for target points of exits, and see where potential points of resistances are at.
If you got anymore questions ask.
Good luck everyone ;)
BLUE = Bear/Resistance