First: PAY broke out the yellow downtrend resistance line
Second: The Elliot waves pullback pattern suggests that the current level is the low
Third: We are in sideways channel and it is quite usual that after the third attempt a breakout is possible
Fourth: There are so many things coming in the next weeks and months from TenX - Just to mention a few: new card issuer, having all orders inside Europe fulfilled, banking license, new exchanges, first rewards will be paid out, ....
My first target would be around the next fib level: So between 50k-60k but there is definitely room to move up to previous highs. Of course also dependent on the bitcoin price action.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.