jpbrown1023
Long

PAY - Huge Bullish Divergence, Looks Ready to Pop!

BITTREX:PAYBTC   TenX Pay Token / Bitcoin
Looking at PAYBTC's 4-hour chart, the price action has been in a falling wedge technical pattern for over a year and it is nearing completion. The price has formed a nice rounded bottom and broke above two resistance lines. Huge divergence can be seen on the MACD . If we break this pink overhead resistance trend, I think we're off to the races and could be in line for a huge run to the upside.
good view, like it! Following you, let us know what you think about our charts aswell mate :)
+1 Reply
MidTerm?
+1 Reply
@Dimu,
Here's what I did. I marked some historical resistance areas in white. Then I averaged previous jump percentages to find a sweet spot for a target price. I am going to tier my sell orders at multiple levels to lessen my risk of them not filling.
+1 Reply
Dimu jpbrown1023
@jpbrown1023, Wow! Great Job man!!!
Reply
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