(PRQ) parsiq "ICO"The origins of Parsiq appear to feature an ICO at some point, crunchbase.com metrics. Initial coin offerings give a chance for people to buy the token before it is available for public trade on markets. Less decentralized than if the token had made no sales before being pushed to market.
Parsiq
Parsiq $PRQ continuing its relief move?Something like Parsiq, you can't rely as much on an "Exchange Chart" to TA. I am using CoinPaprika via a different charting solution to get levels of interest and then replicating that on to this chart to publish.
Looks like we should be getting more relief upward here for Parsiq. After this is met, this should find a heavy rejection. Correlating to my Bitcoin idea. This would fit the narrative for a strong retracement after finding a top here.
Reference: charts.cointrader.pro for more on Parsiq's full history for TA consideration.
To note... the arrows marked are fib levels from Elliot Wave Theory for points of interest to watch. Marking do not reference time predictions.
PARSIQ.USDT (Y21.E1.P1).Go long. Looking for an entry.Hi All,
This one came to to my attention yesterday as a potential good DEFI project.
I missed knowing anything about it but after my brother mentioned it, and after looking at the chart, I like what I see.
Similar move recently to 1Inch another big prospect, EXCHANGE project that is going to take on the big boys hence I'm going long with it.
As for the chart, you can see how the trend changed, found support on the bounce and hence why the price was launched once it found its support.
I would recommend using the 8 HRLY chart, look for a nice cradle setup where the price finds a fib level, 10/20 ema and a bullish candle for an entry.
It might be the case for a 4 hrly chart, one must just keep an eye out for it.
I have the target around $11 as the main target, based on the fib level.
Yes, its a guess but the way its moving and the reviews are positive about this DEFI project.
PS. I did enter yesterday but looking to add more to it.
All the best,
S.SAri.
Note: its only available on Poloniex or UNISWAP.
