Fundamentals are good, strong support at 10828 sats, trend line support, ichomoku cloud could make support in a matter of days and might push PTOY to 13300 sats pretty soon. The wave is self explaining even though we don't know for sure if this day is the lowest in the last wave, but it will go up anyway.
The macd points towards south but should happily go north.
BUT, volume is low... and BTC will lose a bit and the correlation between both currencies is quite strong.
Still, I know it will go up and I stay bullish.
The macd points towards south but should happily go north.
BUT, volume is low... and BTC will lose a bit and the correlation between both currencies is quite strong.
Still, I know it will go up and I stay bullish.
