Gebbo

TenX Pay / USD Macro Analysis

Long
BITTREX:PAYUSD   None
Technical Analysis:

- PAY/USD seems like a Wyckoff.

- Volume below the 2 big spikes to 5$ would also indicate an Wyckoff Accumulation.

- MACD bands crossing at the daily upwards.

- Volume still missing and still below POC 0.00% and monthly Pivot .

- Target for this rally could be 4.66$ (yearly Pivot ) or maybe we wick through to 6.9$ (100% Fib level).

- New cards (transaction volume ) will also increase the value of PAY Token

Upcoming News:

- Physical cards should come mid May Q2

- Commitment Network Q2

- Maybe Cryptobank in Q2 (depends on their bank license)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.