PAY reached old trend line
PAY broke out of older downtrend channel (yellow-dot line) and retested old support at the main bullish trend line. I expect now a second retest of the trend line.
MACD indicates a change in movement, currently point upwards.
Stoch. RSI showing downwards.
Cloud is still bearish , the conversion line(blue) is below the base line(yellow). But its looking like a change in movement direction will happen soon.
A clear buy signal would be a perfect bounce from the trend line, conversion line and base line crossing and RIS and MACD showing upwards.
Stop loss should be below 46k Sat.
MACD indicates a change in movement, currently point upwards.
Stoch. RSI showing downwards.
Cloud is still bearish , the conversion line(blue) is below the base line(yellow). But its looking like a change in movement direction will happen soon.
A clear buy signal would be a perfect bounce from the trend line, conversion line and base line crossing and RIS and MACD showing upwards.
Stop loss should be below 46k Sat.
Komentarz:
Due to SegWit2x BTC update, many alts are going down because a hardfork into Bitcoin and Bitcoin (Gold?) is expected. People are selling ALTS to get their BTC and receiving free Bitcoin Gold coins similar to what happend during Bitcoin Cash hardfork.