Paris Saint-Germain Fan Token (PSG)PSG/USDT has Momentum.
A Fan Token for Paris Saint-Germain Football Club on Chiliz Chain.
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PSGUSDT trade ideas
PSG/USDT Update: Fully reached our > 100% TargetPSG had a great run mainly because of its champions league victory.
I guess it stays that way that in case of a win we go up and in case of a loss we go down.
A bit like casino.^^
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
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ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
PSG token completing Cypher pattern for upto 100% bullish rallyHi dear patrons, hope you are well and welcome to the new update on Paris Saint-Germain Fan Token.
On daily time frame chart, the price action of PSG token is competing for the final leg of bullish Cypher .
This trade has a big profit possibility of 100%, and the loss possibility is 22%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
PSG/USDT Ready for a parabolic move!PSG is the soccer fan token of Paris Saint German and has a market cap of 20 million tokens.
The same analysis as for the JUV, ASR ant ATM token holds.
However, PSG shows more resistance levels to break.
But think about it the following way:
There are 20 million tokens.
Now there are surely more than 20 million PSG fans, let's say 200 million.
Each of them wants to have in average 10 Tokens.
This would result in a price of 100$ per token.
This excludes addict that want to get as many as possible.
PSG/USDT Opened for Trading in BINANCE - FAN TOKENSPSG(Paris Saint-Germain) Recently launched its first FAN TOKEN ! And not only this, but the most exciting news is that it was also listed in BINANCE, the largest crypto exchange system in the world!
Other European fan clubs have already created their own version of a decentralized crypto token and their prices and movements can be checked here .
But why I believe PSG(Paris Saint-Germain) is going to overcome the others and this is so relevant?
For those who are following up what is going on with the Crypto world, we see a huge movement after ETH launched its 2.0 network based on the Proof of Stake (PoS) model. DeFi is the buzzword that is going to drive the new generation of blockchain technologies. We are not bullish in cryptos because of the cheap BTC marketers are back saying it is gold. No! We are bullish because ETH is evolving and becoming more energy-efficient. Blockchain is not what we learned at the beginning. As a "cryptography" model to make transactions more safe, it's now "obsolete". Anyone can copy the same model and make new "digital gold" for themselves. But what we see now is the Tokenization of Money (read more about Decentralized Finance or DeFi ).
So, for those who want to take their chances trading something it is gonna be really useful and fun, try trading PSG/USDT in the next months. I believe it's price is going to reach $50 very soon. Watch it!