PAY/BTC Short term movement

Updated

PAY TenX is a great project with amazing team that is working super hard to provide a working product. In my opinion it has way more potential than MCO, which has been pumped way too much recently. PAY has been in downtrend basically since the last pump which set the new ATH. Right now, we're very close to the trend line and strong support near 54-55k area. If we break the trend line we might see a movement into the Ichimoku cloud and stop around 60k. Stoch RSI shows that we're in oversold area, so let's hope for trend reversal. But the most important thing is not to break the support line. If it does so, we could see a fall to the next support line around 43-45k. This is the first analysis I publish, so any feedback is appreciated.
Happy trading!

Trade active

Unfortunately it seems that I was right.

CryptoEngineer1

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