Polygon Ecosystem Token (POL) · "Bullish cycle starts here...💥🔥
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Polygon (POL) hasn't change much. Since April, we have a very long recovery pattern. To this day, we have 203 days of neutral action. I will tell you why this is good.
Notice the start of the bearish cycle, the previous all-time high. This bearish cycle is composed of two main bearish waves. You can draw a classic ABC structure here.
This classic ABC correction ends early April 2025. This long-term correction lasted 392 days. The fact that we have no new major lows and no new bearish waves for 203 days reveals that all major bearish action is already over.
As I mentioned already on multiple charts, the candle wick (the market flush event) is not relevant for TA purposes to predict what will happen next. A long lower shadow on a daily or weekly candle is not strong enough to change the bigger picture or invalidate a long-term market bias based on strong market signals.
Polygon is bullish and set to grow long-term. We are now in a transition period and this period has been ongoing for almost seven months. You know that a massive bullish wave tends to develop every 6-10 months on average for the altcoins market. POLUSDT is now within this time window.
Seeing how the rest of the market is doing, we know that growth will happen soon. It can start to grow tomorrow just as it can take several weeks or several months. We don't know nor care. Our strategy calls for patience because patience produces winning trades.
If you were to put in $100,000 into this project and wait 10 months for it to double-up, the wait would be worth it because those trading with leverage for high profits instead of a double-up would get a $100,000 loss. Instead of a double-up, growth potential goes beyond 1,000%. If we want to be conservative just to be safe, we can say 790% from current prices. It can happen in 10 months, 20 months or 30 months, it doesn't matter. With a $100,000 capital a 500% profits trade would add a nice $500,000 to your purse. What more can you