Technical analysis by theDRS about Symbol POLYX: Buy recommendation (8/14/2024)

I created a gradual purchase plan. I tried to minimize the risks. Since there is no such thing as an oracle, the probability of reaching the pinpoint lines is not 100%. It is an estimate. I made purchases at prices close to the region it is located in. Naturally, we can be wrong. This is just a plan ... I do not have detailed basic information about the project. I will share more details for Polyx soon. The reason for my purchase is because it is cheap and it is an RWA project. The size of the area to be reduced is dar. As preliminary information: It is in the RWA category in the Polkadot ecosystem. Inflation: Average is 25%. The maximum supply for the token is unlimited. I do not have any information about whether the team will print tokens or not. Volume / Market value: 0.037. It is a medium value. There is the necessary liquidity. It means that investors are interested. It looks very cheap compared to the general RWA markets. This may also be due to the developments in the Polkadot ecosystem. If your investments are medium-sized or serious: 1. Priority Polkadot is to examine the development of the ecosystem. Priority 2 is to investigate whether the team has any plans to mint tokens.