$PYPL Paypal Bullish Bat
Updated
Given the current climate in the market and the tension with Russia and Ukraine, youll want to wait for a confirmation of a bottom and reversal here, or perhaps begin building a position slowly.
We have officially hit the measured move of the Double top, and the PCZ of the bullish bat at a historical inflection point.
Now perhaps that isnt enough just yet to confirm a reversal, but if you do a little leg work youll see everyone is very bearish on paypal, and this latest impulse is likely a capitulation move. All the while, Paypal has quietly established a cryptocurrency and blockchain advisory counsel.
cointelegraph.com/news/paypal-establishes-advisory-council-for-crypto-and-blockchain
We have officially hit the measured move of the Double top, and the PCZ of the bullish bat at a historical inflection point.
Now perhaps that isnt enough just yet to confirm a reversal, but if you do a little leg work youll see everyone is very bearish on paypal, and this latest impulse is likely a capitulation move. All the while, Paypal has quietly established a cryptocurrency and blockchain advisory counsel.
cointelegraph.com/news/paypal-establishes-advisory-council-for-crypto-and-blockchain
Note
PYPLCALL SWEEP
120$ 2/18
$160 1/2023
BULLISH
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