Technical analysis by SaeedSalehinia about Symbol POLS: Buy recommendation (9/12/2024)

SaeedSalehinia

Polkastarter is a decentralized fundraising platform, empowering Web3 projects to launch and raise funds through multichain token pools while significantly growing their communities. The platform supports initial DEX offerings (IDOs) across major blockchains, including Ethereum, BNB Chain, Solana, Polkadot, Polygon, Avalanche and Celo.Anyway, besides the begging, POLS was in a downtrend move for quite a while. It seems, an inverted wedge pattern, a big one, has formed, and POLS has started an upward wave from the bottom. Also, a harmonic pattern is formed too, and POLS is trying to break the right leg's minor downtrend line. Let's see if POLS can reach the inverted wedge's upper line or not.So, POLS reached the first target. If POLs break this area, then can go up toward the inverted wedge's upper line. Let's see what happens.