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Krisp1602
Jul 7, 2018 6:46 AM

An idea about $PAY Long

Description

Please don't roast me in the comment section... :)
I know this looks stupid af and makes me feel like a noob. But this chart structure made me a lot of money in the past.
This chart only exists because of the high correlation with other big coin-pumps in the past and a good portion of hopium.
I'm thinking mainly of Stellar, Cardano and Ripple.
We have seen a very high volume and demand for the token on Bithumb recently. How much the current inability of deposits/withdrawals on Bithumb changed the outcome for the price-increase, I can not say. I can only say that the volume of all other exchanges - combined - just represented a fraction of the volume on Bithumb.

Price-targets are at
5000 krw
10000 krw
25000 krw

TenX will launch their cards probably this month. This time not only in Europe, but also in Asia (Korea, Singapore, Hong kong?) and hopefully on other continents as well.

Do us a favor, Korea. Make this chart come true :)

Cheers.

Comment

Volume is still very high. Should be no problem to reach at least 10k krw

Comment

If you're into oscillators: By using 4h candles and the stochastic RSI indicator, you can see a hidden bullish divergence.

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Volume still ok

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Will go higher. Needs some consolidation now. Wave 3 (big wave) in 1-2 weeks.

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By using 4h candles and the stochastic RSI indicator we can see a hidden bullish divergence once more.

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well, the timeframes didn't work I guess. The targets remain the same though
Comments
Krisp1602
By using 4h candles and the stochastic RSI indicator we can see a hidden bullish divergence once more.
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