Shotokhan

POLS still in a falling wedge

Long
I've posted this signal days ago, price seemed close to break out but then BTC dumped making the entire market dumping with it. POLSWETH dumped as well but it just broaded the wedge. I left it be for some days but now I think we're approaching the break out.

The risk/reward ratio is convenient and POLSUSDT (on various exchange) has broken out from a triangle. If the pair against USDT pumps it's just an incentive for this one to pump. If, like me, you entered months ago this is good if you have more money on metamask you wanna invest into POLS.

I'm waiting for binance to list it before selling so if I had more money I'd buy here but I don't so I just share my thoughts hoping they can help you. Use the stop loss just in case market dump because BTC looks like it could retrace. Moreover, falling wedge have proved to be the more unreliable chart pattern during this pre-bull season.

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