Since my last Post happened quit a lot, Bitcoin reach a new peak and PAY shows a wonderful pattern. Well, now we clearly see a head shoulder pattern which is actually an indicator for a trend reversal. Of course, it is not 100% save, but in my opinion it is the start of a bullish trend. At the moment it is searching for the next support to finally breach out.
MACD...
On a mid range scale we clearly see an uptrend which hopefully means a return from its long fall. But this coin is kinda difficult, even with a great product and team behind it, this coin won't really go up. That's why I see two(3) options how this coin can go in the next few days; First: We follow the green uptrend line, in that case it's on to you to decide how...
Depending on the next turn of MACD indicator ark could breach resistanceline at 0.00045 and continue droping or reach supportline at 0.00047 wich would make a nice short term profit.
