PAY broke out of older downtrend channel (yellow-dot line) and retested old support at the main bullish trend line. I expect now a second retest of the trend line.
MACD indicates a change in movement, currently point upwards.
Stoch. RSI showing downwards.
Cloud is still bearish , the conversion line(blue) is below the base line(yellow). But its looking like a change in movement direction will happen soon.
A clear buy signal would be a perfect bounce from the trend line, conversion line and base line crossing and RIS and MACD showing upwards.
Stop loss should be below 46k Sat.
MACD indicates a change in movement, currently point upwards.
Stoch. RSI showing downwards.
Cloud is still bearish , the conversion line(blue) is below the base line(yellow). But its looking like a change in movement direction will happen soon.
A clear buy signal would be a perfect bounce from the trend line, conversion line and base line crossing and RIS and MACD showing upwards.
Stop loss should be below 46k Sat.
Note
Due to SegWit2x BTC update, many alts are going down because a hardfork into Bitcoin and Bitcoin (Gold?) is expected. People are selling ALTS to get their BTC and receiving free Bitcoin Gold coins similar to what happend during Bitcoin Cash hardfork.
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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.