PAY's downtrend is not quite over yet. I'll be buying at around 0.0005700
freestyling on a fibonacci is one of my favorite hobbies.
TenX(PAY) has been massively sold down. It has retraced all of its rally from August 10th, and about 85% of it's total August rally. This was compounded by the panic caused by Bitcoin's recent correction. As long as the correction in BTC is over, it looks likely that TenX will continue to rebound. There are very bullish candle patterns and price/momentum...
PAY after breaking the support is now holding the next support line for now and showing a little upwards bounce let's see if it bounces back hard from here or will test the new support more.
The range lowerend is being rejected by a pinbar, showing signs of strong support. Bullish configuration, first target @0.001098
45 and 1 hour RSI nearing bottom, cup and handle formed, external catalyst primed, i'd say it's getting close to PAYtime.
When we look at the major Crypto Debit/Visa card projects we can see that TenX has been lagging behind its competitors even though they probably have the strongest project. I would expect TenX to catchup and test if not break through its high of $6.90 USD.
Going long targets and SL in chart. maybe I sell 50% at TP, will evaluate +update post when we test rests
Pay (Tenx) Pennant flag?
Barring any fundamental drivers, the technicals on PAY require some alignments for a safe trade. Though price closed and opened above the downward trendline, the last falling star candle shows bullish weakness. A safer trade begins when price works its way through the Kumo (red cloud) and calls for price on your 1hr to close and open above E and then only if...
PAY-BTC have good position for buy in 0.00076-0.00081
On a 1 Day Timescale, I think we could potentially see a formation of a possible 3rd Elliot Wave. We see some Elliot Wave rules being followed for the first 2 waves, we have a strong support at 0.00078000 Satoshi. The downward movements have also seemed to be running out of fuel, we need to see a strong increase in volume compared to the previous first wave...
High risk trade idea here. In my last post, we entered at .006. Target was .001 (23.60% Fib). We reached that target and closed. But because we broke the ascending triangle, a breakout even higher than our target occurred. We closed several daily candles above .001 and are now sitting on that support. If we bounce here, we'll go to .0019 and almost double our...
TenX. Fundamentals are good and their CEO is very motivated and keeps in touch with the public very well. Chart TA still supports a downward trend however some action may appear in about 36 hours. Pay have made some big announcements and are active on the dev side. They are going to be featured on FOX news and their card will be released to the USA in Q42017. IOS...