PAY-BTC, coming to a good place for an increase in portfolio

8 Jul 2018

PAY-BTC: One more trade idea, this time the PAY-BTC pair. We can clearly see that there is interest in this coin since its OBV is printing all time highs, consequence of two spikes in volume, one in May and the other one at the end of last month. In spite of this increase in volume the prices moved down and even printed all time lows. In spite of this, the big downtrend momentum was showing weakness and was broken when the MACD divergence was confirmed, and the willy, that was highly oversold, is now moving upwards. Now we are just waiting for more volume to confirm the price structure and to make a small entry.