ZIP PAY Long term Projections
ZIP pay looks to be beginning impulsive price action to the upside, 1st wave has 5 wave structure with valid sub wave divisions. Entry at current prices is reasonable with a stop under 5$. Long term goal of 50$.
Note
A move down to 4.7$ most likely now, after rejection at 5.8$. Key support level at 4.7 and 0.618 retracement of highs looks like a promising entry. Look for confirmation don't try catch bottoms.
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