Hi friends hope you are well, and welcome to the new update on Polymath.

On a weekly time frame, Poly is moving inside a very big down channel and recently it is getting rejected by the resistance of this channel.

On a daily time frame chart, Polymath has broken down a triangle. Now there is a possibility of a diamond bottom pattern, which is considered as a bullish reversal pattern. If Poly forms a diamond bottom pattern and starts bullish reversal then still previous triangle's support can work as a resistance, and in case of breaking out this resistance, Poly can also breakout the bigger channel, which is formed on the weekly time frame.

For a detailed analysis, you can also watcht the video.