PGT2
Long

Bullish wedge pattern for PAYBTC?

BITTREX:PAYBTC   TenX Pay Token / Bitcoin
------No financial advice just my opinion------

PAY BTC is showing a clear bullish wedge pattern following its recent bull run. Look for a positive break out from this wedge aiming for a target of 20000 satoshi. The likelihood of a positive break out is fuelled by the fact that TenX will reward all PAY token holders on the Ethereum blockchain with a new ERC-20 rewards token called the TenX token on the 30th of december of this year. That will most likely lead to a pump in the coming week as traders will try to get a hold of the PAY coin.

Again, no financial advice, just my opinion.

Happy trading and happy holidays,

PGT2

Comments

doesn't look like it on your chart... Broke through support. Maybe scale the chart further and establish some better price support and resistance points. I do agree that there is a bullish wedge forming, you can check my charting on TenXPay
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