POLYX / TetherUSUpdated POLYX looks bearish
It looks like a big triangle is forming.
Wave C looks like a triangle and now it looks like we are in wave e of C
If the price reaches the red box, we look for sell/short positions in the red box
We will also look for buy/long positions in the green box.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave C looks like a triangle and now it looks like we are in wave e of C
If the price reaches the red box, we look for sell/short positions in the red box
We will also look for buy/long positions in the green box.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
The symbol was analyzed from the price of $0.3467, dropped more than 42% and reached the green box.Trade active
After the drop and hitting the green range, it has pumped more than 35% so far
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