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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discord.gg/cNr35ahGsx
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.