45 and 1 hour RSI nearing bottom, cup and handle formed, external catalyst primed, i'd say it's getting close to PAYtime.
Comment
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BTC rallies have really done a number on alts the last 2-3 days. Alts typically "bleed" when BTC pumps as others sell their alts and try to fomo into BTC. This really all but negated technical analysis. I held PAY for quite a while hoping it'd recover but it was one BTC bull run after another. There has also been some recent news "themerkle.com/xapo-and-shakepay-to-suspend-cryptocurrency-debit-card-services-outside-the-eu-soon/" that will likely have a negative effect on PAY for some time. I personally have sold my PAY and don't plan to re-enter anytime soon. Good luck.
If you're still in, keep hodling, if youre not, consider buying. This is winding up to be more energetic than I thought. RSI is very interesting as well, same effect, slightly longer timeline.
MisterShaker
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@invekt, where u see bullish form up leading to? Any short term or long term targets u propose?
KnifeOfPi
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BTC rallies have really done a number on alts the last 2-3 days. Alts typically "bleed" when BTC pumps as others sell their alts and try to fomo into BTC. This really all but negated technical analysis. I held PAY for quite a while hoping it'd recover but it was one BTC bull run after another. There has also been some recent news "themerkle.com/xapo-and-shakepay-to-suspend-cryptocurrency-debit-card-services-outside-the-eu-soon/" that will likely have a negative effect on PAY for some time. I personally have sold my PAY and don't plan to re-enter anytime soon. Good luck.
UnknownUnicorn1289030
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Keep us updated sir !
deadpoolfan2011
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I feel like cup and handle is much more accurate on longer term graphs
Stoukie
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I bought a few at 0.00091900... Let's hold thumbs...
KnifeOfPi
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@Stoukie, RSI is floored at 45 and starting to settle at 1 hour, if it's gonna happen, its gonna happen soon me thinks
Stoukie
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@invekt, holding thumbs... if it happens good, if not I hold, I have time, I have all the time in the world :P
MisterShaker
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@Stoukie, im in it at almost exact same price... Project looks so ambitious and well executed. This one might take a blast off imo.
Stoukie
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@MisterShaker, yeah even bought a bit more when it dipped below 0.0008... bit low now, but let's see where it goes...