PAY 1H breakout
Updated
ready for wave 3
Trade active
potential reversal her (double top and back to the trendline - forming a handle to the cup)if we break through the resistance we could directly go to 95125..
Note
closed beta for tenX webapp starts in 4 days.. also tenx is talking to exchanges to honor PAY holders with their 0.5% even if they have their tokens on the exchangethis token could be going to see the earth from space..
Note
this wave was way stronger than expected... PAY is in correction mode right now.. such a hype needs to be digested... be ready for wave 5Note
triangle formation... coming from above this should be interpreted as bearish signal... could go down to support zone.. whatch if it breaks the zone it could target the longterm trendline until good news push it out of the bearish trend... i'd wait with new long entries until we have confirmation of a new bullish trend...Note
as expected it tested the support zone a second time.. then.. good news came ... tenx is now a member of the enterprise ethereum alliance, got a new card issuer, some huge new american investors and is probably going to be it's own card issuer next year..
chart:
Note
if we break the red supply zone on the next try - get ready for wave 5Trade active
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