WBM_Team

TenX Pay Token (Pay) – one of few with a growth today

WBM_Team Updated   
BITTREX:PAYBTC   TenX Pay Token / Bitcoin
Hi Guys!
Today we encountered bloodbath – ehh these emotions. People tend to make up their minds relaying on emotions. They tend to follow the crowd too. This is a suicide strategy.
Remember – BUY low SELL high no matter, which interval you choose.
Use indicators properly to a situation and interval applied.
The most important – don’t panic and stay patient.

Pay token is currently one of few ones which actually grow.
It seems to be rather short-term as the markets’ moods are lousy.

So our question is whether we can earn some money today?
We observed the Elliot Wave Pattern (1-5). There is 5th leg missing so we can expect to notice it within upcoming hours.

Here is our applied strategy.

We use EMA 21 and WMA 21 (weighted moving average) .
Once EMA 21 crosses WMA21 up this is a signal to enter the position.

We also applied Ichimoku Cloud observing, as usual, when the chart crosses TenkanSen.
This is the extra indicator which works well. This is for double checking.

Let’s wait till we break the height from the previous bar which is at 0.00009806.
We also have to be aware of volume. We need a bigger green candle – definitely.
We also have to wait for bull’s cross on Stoch RSI.

This is nothing sophisticated but sometimes the best we can do is to keep it simple.

So Traders. Will we earn some money today? At least tiny %?
What are your opinions?

In order to be up-to-date follow our profile.
If you like our job please do give us a like.

HUGE Hugs!
WBM Team
Comment:
Seems we still going up. We touched the lowest level since 1month, 3 months, ever.
How far can we go? Time will tell. For the time being move your stop-loss up. We set is at 0.00009700

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.