First: $PAY broke out the yellow downtrend resistance line
Second: The Elliot waves pullback pattern suggests that the current level is the low
Third: We are in sideways channel and it is quite usual that after the third attempt a breakout is possible
Fourth: There are so many things coming in the next weeks and months from TenX - Just to mention a few: new card issuer, having all orders inside Europe fulfilled, banking license, new exchanges, first rewards will be paid out, ....
My first target would be around the next fib level: So between 50k-60k but there is definitely room to move up to previous highs. Of course also dependent on the bitcoin price action.
Second: The Elliot waves pullback pattern suggests that the current level is the low
Third: We are in sideways channel and it is quite usual that after the third attempt a breakout is possible
Fourth: There are so many things coming in the next weeks and months from TenX - Just to mention a few: new card issuer, having all orders inside Europe fulfilled, banking license, new exchanges, first rewards will be paid out, ....
My first target would be around the next fib level: So between 50k-60k but there is definitely room to move up to previous highs. Of course also dependent on the bitcoin price action.