$PAY Tenx starting it next leg up?
Updated
A bit tricky to chart this rather new coin....not so many history for TA
Anyways: it looks to me that we're at the beginning of next leg up (5th). RSI indicates there is plenty room to the upside on all timeframes.
Price has broken out of the mid term donwtrend, made a correction and broke out again after touching the blue box which I placed there as a target for minimum correction.
Tradigadvice: enter here for target of at least 0,002.
SL below yellow trendline.
If i see changes in patterns, I will update on lower timeframe.
Anyways: it looks to me that we're at the beginning of next leg up (5th). RSI indicates there is plenty room to the upside on all timeframes.
Price has broken out of the mid term donwtrend, made a correction and broke out again after touching the blue box which I placed there as a target for minimum correction.
Tradigadvice: enter here for target of at least 0,002.
SL below yellow trendline.
If i see changes in patterns, I will update on lower timeframe.
Note
Note
Should hold the bottom trendline for looking up.Note
Pattern changed slightly, currently restesting the trendline after break out.Watch price action on lower timeframe for a bounce
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