Paris Saint-Germain Fan Token (PSG) to $55

On the above 1-day chart price action has corrected over 70% since early August. A lot of reasons now exist to be bullish, including:

1) The ‘incredible buy’ signal prints

2) Price action prints buy signal on year long support / resistance trend line.

3) Multiple oscillators printing regular bullish divergence on the 2-day bitcoin chart (below - purple circles) - Awesome 👀 left!

Is it possible price action falls further? Sure.

Is it probable? Very unlikely.

Good luck!

WW

2-day PSG/BTC chart

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10 out of 11 oscillators tracked are printing bullish divergence on the daily dollar chart (rectangle). Awesome. As a matter of fact all the football fan tokens are printing bullish divergence at the moment.

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Since last update price action breaks out of resistance. Good to go.

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Excellent bullish divergence building on the daily chart. And on past support / resistance.

Comment:

target update, now $115 rather than $55.

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Can you see the green band? I wrote this script a ways back to inform me of trend change and expected price action in the weeks ahead. The band has recently just flipped to green. Look left. Excellent.

There's also plenty of alt-coins whereby this band has just flipped to red.

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Of all the alt-tokens listed on Binance this is the only 1 of 3 that is currently printing flat bottomed Green Heikin Ashi weekly candles.

Comment:

Gaussian channel turns green. Honestly what a slog this market is, 1 of only 4 alt tokens that I can see has managed to achieve this great feat.

Green channels are important, look left.

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Sooner than late a move to $26 is highly probable.

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Comment:

** swing trader opportunity **

Comment:

Isn't that odd, the chart informed a strong move was about to occur but I just could not be bothered posting it. Should be like the STMX trade again.

Currently only 13 tokens in the entire market are printing like this on the BTC pair.