Polymath (POLY): Very Bullish Cup & Handle!!
SUMMARY
The Cup & Handle formation for Polymath (POLY) is just about complete and confirmed, if not already!! This is a very bullish stage! With patterns, there is no such thing as a perfect pattern, so yes, the Cup formation is a bit tilted but it is still valid.
Look how oversold the MACD is!! It's about to blowout! The price is just about breaching the upper white line of the handle formation. The Elliott Waves show that five waves up completed (blue) and corrected to form the handle which sequenced in wxyxz.
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You were once again spot on!!!!
I like this correction marks.
But what do you think of this 12345 count?
https://www.tradingview.com/x/rG9zawgu/
moon
Another excellent call by @haejin
Would you please do an update on ICX and ENG?
Thanks in advance
Thanks @haejin. Already 10% up since your call. It has been on my radar for a while and I went and looked at the site - a very novel idea to have stocks, commodities and venture capital be tokenised. Also, it has quite a solid interface (very unique/brilliant) and team. Thanks for this!
Will look into this. Hopefully your prediction is correct.
The problem with applying technical analysis to such low market cap altcoins like Polymath is that you need to dig really deep into their fundamentals to see if it's ALL specualtion or if it's actually something of value.
Well, you should always use stoplosses anyways! :)
impressive
Nice analysis there. I hope i am not wrong