Possible double bottom and contraction point. For safety waiting for triangle and upper support breakout would be best. TenX will be shipping all of the remaining cards during the holidays which could spark the uptrend depicted as Elliot wave. Timeline is orientatonal, targets depicted are possible. RR is great, stop loss should be under the support line.
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PAY breaking out of the triangle, lets hope for a good volume push.
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PAY still looks great, a bit longer accumulation zone. Targets and TA still hold, time is a variable that is hard to predict... Holding on to support, if that breaks on significant volume trade becomes invalid or you move your average down a bit. I am still buying so I am thankful for the dip ;)
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There was lots of market buying on PAY that was listed on new exchanges + my triangle pattern was a bit premature so I am posting a revised version of it. This drops are great points to average down. TenX has updated the token + they got listen on new exchanges and many more are incoming. When they got recognized that they are not a security we are going to start painting disbelief in the market, right now we are still in depression stage which shouldnt last long.
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Most alts including PAY are in capitulation due to BTC pump. Buy the dip, dont sell in to the capitulation!
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Very similar to LBC formation. We are breaking out of the depression phase. Bullish, chart is on point, timeframe is prolonged.
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Nice breakout, will consolidate either on dotted line or o the top of the triangle. Solid buy.
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That fall under the triangle was a great FUD stink bid zone. We are still going according to plan only time has shifted a bit.
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And yeah triangles dont always break up. In this case break down was still bullish since it was at its low point.