Image of TRADE
TRADEPolytrade
$0.03583
0.57%
1D

Polytrade Analysis

Investment Score
A quick view into Polytrade's investment prospects.
6.6

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
  • EMA Tangle: The 50/100/200 EMAs are historically compressed, a sign of directional uncertainty that often precedes choppy or false-breakout conditions.
Market State Summary
Current regime
Sideways Quiet
Confidence: 44%
Why this state?
  • TRADE is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.

Trend
Sideways
TRADE is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 48.88, which is neither overbought nor oversold.
Volatility
Quiet
TRADE ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.04269 - $0.05122
Active zone
$0.02969 - $0.04164
Support zone
$0.02269 - $0.02935
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
High
Support & Resistance

Polytrade support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.02269 - $0.02935
Resistance zone
$0.04269 - $0.05122
Active zone
$0.02969 - $0.04164
Levels Table
LevelZoneStrength
Support 1$0.02269 - $0.02935
Resistance 1$0.04269 - $0.05122
Resistance 2$0.05127 - $0.05678
Resistance 3$0.05891 - $0.06495
Resistance 4$0.1084 - $0.1156
Active 1$0.02969 - $0.04164
Scenario Analysis
Bullish scenario

TRADE clears the resistance zone at $0.04269 - $0.05122 and holds above it. That would strengthen the breakout case and shift attention to $0.05127 - $0.05678.

Bearish scenario

TRADE loses the support zone at $0.02269 - $0.02935. That would weaken the setup and open the way toward $0.02269 - $0.02935.

Neutral scenario

TRADE continues trading between $0.02935 and $0.04269. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.03674
Bearish
TRADE is trading below the 50-day average.
SMA200
$0.03753
Bearish
TRADE remains below the long-term trend line.
EMA50
$0.03631
Bearish
TRADE is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.04276
Bearish
TRADE is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
48.88
Neutral
RSI (14) is at 48.88, which keeps momentum in a balanced range.
Stoch RSI (14)
83.73
Overbought
Stoch RSI (14) is high at 83.73, which shows momentum is pressing near its recent upper extreme.
MACD
-0.0007791
Bullish
MACD is above its signal line.
ATR
7.93%
Quiet
Volatility is below its 180-day median.
VWMA
$0.03549
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
-8.01
Neutral
CCI (20) is at -8.01, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.002786
Bearish
Awesome Oscillator is below zero at $-0.002786, which supports bearish momentum.
Williams Percent Range (14)
-22.16
Neutral
Williams Percent Range (14) is at -22.16, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0002753
Bullish
Bull Bear Power (13) is positive at $0.0002753, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
56.51
Neutral
Ultimate Oscillator is at 56.51, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.03429
Bullish
TRADE is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.03837
Bearish
TRADE is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Polytrade

Over the past 7 days, Polytrade price was most positively correlated with the price of PancakeSwap (CAKE), OKB (OKB), Conflux (CFX), Bitcoin SV (BSV) and Shiba Inu (SHIB) and most negatively correlated with the price of Tezos (XTZ), NEAR Protocol (NEAR), Raydium (RAY), Venice Token (VVV) and BitTorrent (BTT).

Positively Correlated Currencies
NameCorrelation
Image of PancakeSwapPancakeSwap0.804
Image of OKBOKB0.801
Image of ConfluxConflux0.780
Image of Bitcoin SVBitcoin SV0.772
Image of Shiba InuShiba Inu0.771
Negatively Correlated Currencies
NameCorrelation
Image of TezosTezos-0.451
Image of NEAR ProtocolNEAR Protocol-0.445
Image of RaydiumRaydium-0.443
Image of Venice TokenVenice Token-0.357
Image of BitTorrentBitTorrent-0.268

Polytrade price is positively correlated with the top 10 coins by market cap with a price of 0.409, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.429. Currencies that are positively correlated with Polytrade indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Polytrade, a move in one direction for Polytrade would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app