$pay - TenX the sleeping giant is preparing to awaken.
PAYBTC is another coin which I have been very bullish on alongside Metal in the payments area of Cryptocurrencies.
I think PAYBTC has been heavily undervalued for the updates and growth they have shown us already. I believe when better branding is done, a step up on the marketing and listing on more exchanges we will see the price EXPLODE even more than it has already. We have been on a downtrend but I honestly think that is coming to an end and that we may see a reversal here. Using a Gann Fan I have created a potential support-resistance on a 12H Scale that we could image movements to follow. Stoch RSI has been showing oversold and looks to be preparing for the rebound as well. I have also placed Fibonacci (cyan lines) to give us an idea of future support and resistance zones if momentum is slowed down. Using a Fibonacci Retracement it seems like we already have oversold on the retracement.
PAYBTC team continues to be active on slack, alongside the community. They have also been up to par on keeping us updated through their blog with Dev Updates and Facebook Livestreams!
I think PAYBTC has been heavily undervalued for the updates and growth they have shown us already. I believe when better branding is done, a step up on the marketing and listing on more exchanges we will see the price EXPLODE even more than it has already. We have been on a downtrend but I honestly think that is coming to an end and that we may see a reversal here. Using a Gann Fan I have created a potential support-resistance on a 12H Scale that we could image movements to follow. Stoch RSI has been showing oversold and looks to be preparing for the rebound as well. I have also placed Fibonacci (cyan lines) to give us an idea of future support and resistance zones if momentum is slowed down. Using a Fibonacci Retracement it seems like we already have oversold on the retracement.
PAYBTC team continues to be active on slack, alongside the community. They have also been up to par on keeping us updated through their blog with Dev Updates and Facebook Livestreams!