PAYBTC Has grown by a massive 130%+ in the past two weeks... But why is that?
TenX is releasing their cryptocurrency debit card in Australia I am being told, this is a feature that many people have been looking after.
The charts are also looking really good.
There is an upcoming event end of month, this too can mean positive for the price of this altcoin.
Buy in: 0.0000932 - 0.0000999
Targets for our PAYBTC trade:
This is a long term trade. Not all targets are meant to be reached. They are used for reference for selling for ...
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bulls but temporarily heading towards the downside.
Shifting over to our pattern timeframe we see PAY has found support at 9800, stochastic rsi ...
Many positive indicators
The price moves above the indices
There is a bullish line below prices moving above it and committed not to drop so far
In order to confirm the bullish path, the price must penetrate the resistance zone between
0.00011199 BTC and 0.00011950 BTC with the breach of the upper descending line
Buy from now is good with Stop ...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 17th of August 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 37.53% PROFIT!!!
The increase in price may also be explained by positive developments including:
(May 16: ...
Well it seems we are heading into higher lows and higher highs now.
Stop loss is set around @750ish
Target is set for 70+%
We have a lot of resistances here for Pay so be mindful of July spring.
We are still going to hit our destiny point eventually, maybe in November 6th
New fractal dates are Aug 27 and Nov 6th
Good luck everyone ;)
BLUE = ...
This is an absolutely insane setup on the 2-Day chart. Absolutely beautiful. Whether or not the fundamentals are still behind this coin is to be seen... but that setup... wow.
Take profit along the way.
Stop Loss at .00008375
While descending triangles are commonly thought as bearish, it can also break upwards. According to the pattern site, " Look for triangles with upward breakouts near the start of an uptrend".
- Based on the HTF context, PAY has been on a sustained downtrend for quite sometime so upward breakout of descending triangle (i.e. as a reversal instead of ...