The purple rectangle is a support zone on which price bounced twice, that zone is also in the 0.618 Fib area, a very common zone for reversals. Assuming market doesn't crash from here POLS can start going up.
Falling wedges are not "explosive" like other pattern but I think this is in a good moment to enter POLS or, you can also wait to check if it reaches the support zone. Might be a good move to enter 30% now and then see how the situation evolve but if you buy on UNISWAP gas fees are expensive so time your entry and go in 100% if your budget is small. The target is on the chart.
Indicators don't show particular signs but it's rare they do in such cases. If POLS get listed on a major exchange it will hit easily double figures. To be honest I don't know what they are waiting for to list it.
Falling wedges are not "explosive" like other pattern but I think this is in a good moment to enter POLS or, you can also wait to check if it reaches the support zone. Might be a good move to enter 30% now and then see how the situation evolve but if you buy on UNISWAP gas fees are expensive so time your entry and go in 100% if your budget is small. The target is on the chart.
Indicators don't show particular signs but it's rare they do in such cases. If POLS get listed on a major exchange it will hit easily double figures. To be honest I don't know what they are waiting for to list it.
Commentaire:
POLS has broken down because ETH pumped. As ETH will settle down I expect it to go back into the wedge. If ETH keeps pumping this chart pattern is invalidated
Commentaire:
as I told you POLS is back into the wedge, it was ETH sudden pump to push the chart below. What's gonna happen on this pair it's in ETH hands right now.