Krystiannwk
Long

Pascal Coin buy opportunity

POLONIEX:PASCBTC   PascalCoin / Bitcoin
It seems to me that pair found very strong support around 0.00012000 level. There is a visible GAP on daily chart which is respected very nicely on 4H chart.I would buy pair at this level with SL below mentioned support and TP around last highs.I would expect the pair to consolidate for some time around 200 ema , then eventually ema should hold the price and give it nice boost.

I think that it is quite possible that price will go down further which will make better opportunity to open long position with much better risk/reward ratio.
Do you still think the price could go down? And how do you expect? And how high do you expect?
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Krystiannwk awais.raza.1840
@awais.raza.1840,

I don't think that that the pair will go down below .00012000 level but it may retest the support around this area.
I would keep sl at level 0.0001200 or around 0.00019000. I would suspect that the price could move sideways for some time. I think 0.00050000 is quite possible and there is small chance that the pair will reach 0.0010000 level as well.
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