PAY - Falling Wedge at Completion, Long-Term Wedge Target (~30x)
Looking at the daily chart for PAY/BTC, we can see a massive falling wedge coming to completion. Using the wedge height to determine the target price, you can see we have a massive target ahead of us. Remember that this is a long-term target that I imagine will take us into next year, so do not expect us to hit this overnight. But it is a huge target nonetheless that I would be thrilled to hit. I see obvious bullish divergence on the MACD which appears to be getting squeezed from above and below. I'll be looking for a breakout from this wedge. Whether it will be up or down will most likely depend on Bitcoin. As a result, buy the breakout to upside. That way if it breaks to the downside, you'll avoid the loss and catch PAY at a cheaper price. Cheers!
Check it out! - TenX Becomes World's First ICO Funded Company to Be Granted An E-Money License (June 13, 2019)
Check it out! - TenX Becomes World's First ICO Funded Company to Be Granted An E-Money License (June 13, 2019)
Nota
Breakout!
Nota
Finally the breakout we were looking for!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.