[PAIBTC](66%) Project PAI by request on Huobi by Alan MastersProject PAI (PAIBTC) Overview
ABOUT PROJECT PAI
We have entered a new era of artificial intelligence, where we can create intelligent avatars made from the digital profiles of our behaviors online. We call them Personal Artificial Intelligence, or PAI.
Project PAI is founded on the belief that every person in the world should have their own digital avatar, one that speaks, thinks, and behaves just like their self.
WHAT IS PAI
A person’s Personal Artificial Intelligence (PAI), is a verified intelligent 3D avatar that looks like you, sounds like you, and can perform activities on your behalf.
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Project PAI (PAIBTC) Chart Analysis
PAIBTC hit a low on the 25th April at 705 satoshis (0.00000705), marking a higher low compared to its recently hit all-time low at 0.00000697 on the 22nd February.
If this level holds here, PAIBTC can produce an impulse to the upside, let's take a look at why... But first, remember to hit like... Thanks a lot for the support.
We can see that the downtrend line from the 5th April has been broken and PAIBTC is now challenging EMA10 (green line).
We see the MACD starting to curve and the histogram clearly moving in favor of the bulls.
The RSI recently hit oversold and is starting to move up. Clearly, there isn't much left to sell as it can be seen from this long term chart:
So we have multiple signals pointing to a bottom being reached and the potential for a move to the upside, but before that happens EMA10 needs to be broken first and confirmed with above-average volume.
If PAIBTC remains below EMA10, then it is likely to move lower and create a new all-time low or bounce at the last low.
If it can move above EMA10, then expect for it to move to the upside.
For us, this is a good set-up and I would normally trade something like this.
There are different ways to trade, you can trade after a confirmed breakout to reduce risk or you can trade before the breakout to increase potential profits with a tight stop-loss in case there is no follow up on the above signals.
Here is an example trade for Project PAI (PAIBTC).
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Buy-in: 0.00000760 - 0.00000830
Targets:
(1) 0.00000961
(2) 0.00001111
(3) 0.00001381
Stop-loss: Close daily below 0.00000690.
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And to close, a quick phrase with the intention to inspire your Soul...
BEGINNER BUSINESS
Everything can be confusing, hard or scary at the start, even fear can creep up…
What is going on, what is this feeling? … It is the first day at work.
We are not really afraid or scared, this is the signal that action is on its way.
The shivering and the confusion is our Soul, our body is trembling because today starts the growth.
This is very exciting, I am starting to work.
Namaste.
