PAYBTC Potential Symmetrical Triangle
TenX Pay Token / BitcoinBittrex
Huraian
⋅ Few factors make this a trade to watch:
- Solid volume over the past week, highest in history of the token
- Price holding above mid term support line despite fluctuations in BTC price
- Symmetrical triangle forming on the 4h chart
- RSI right in the sweet spot, waiting to see it curve up
- MACD waiting to cross center and signal line simultaneously
Will be waiting to see it break out of the triangle pattern before getting in.