WAXP/BTC possibly creating a double bottom on the weekly rejecting again from the 0.618 fib level which is acts as very strong resistance in confluence with multiple previous daily resistance now turned support.
Fundamentals are extremely bullish as well with WAXP being the most used blockchain in the world and the massive NFT and METAVERSE partnerships etc the...
WAXP is looking extremely bullish at the moment as a result of the upcoming partnership which the team behind the token has been teasing the public with for the last 3 days (see twitter.com). Three teaser images they have shared which hints at Disney becoming their partner which would be HUGE. Regardless of this partnership though WAXP is one of those tokens that...
------No trading advice, just my opinion------
Looking at PIVX now, it looks like the price pattern is evolving into an ABC correction. I believe there is a possibility that we are going through wave 2 of the higher degree 5 wave cycle shown. Applying fibonacci ratio's the bottom of wave 2 should be around 0.83 USD.
If this scenario plays out, PIVX could...
Whether the last pattern was a falling wedge or a descending channel, we seem to have broken up out of it. It is however creeping up very very slowly due to a very low volume. For that reason I think we could drop at any time and the fact that PIVX has more than doubled in value in about 2 weeks, I would think a sizeable correction is near. Of course I could be...
PIVX has been showing some bullishness recently and the question is whether that trend is going to continue. Looking at the 15min chart we could be at the terminal end of a decending wedge which is usually a bullish signal in an uptrend. I am looking for a breakout from the wedge to the upside and a MACD buy signal. If that happens I'll probably buy some...
It looks like the Tenx Pay bulls are heading home and the bears are going to take over. The bullishness started when Tenx announced airdropping a new Tenx token to all eligible Pay token holders with the price of pay soaring up to a peak of 0.54 USD more or less. After that a couple of days of massive sellof took place, which I wasn't expecting, which took the...
------No financial advice just my opinion------
PAY BTC is showing a clear bullish wedge pattern following its recent bull run. Look for a positive break out from this wedge aiming for a target of 20000 satoshi. The likelihood of a positive break out is fuelled by the fact that TenX will reward all PAY token holders on the Ethereum blockchain with a new ERC-20...
------No financial advice just my opinion------
PAY USD seems to be nearing the end of a triangle correction with price consolidating around 0.47 USD and volume dropping to zero. This suggests a decision is near and I expect PAY to break out of the triangle in the coming days with a target around 0.80 assuming a similar rise as the bull flag pole leading up the...
