Here's what I'm looking at on TenX's daily chart:
1) Massive falling wedge near completion
2) Repeating fractal whose next move would be up
3) Price is on support - Look at what happens when the price has hit support
4) Near bullish crossover on the daily MACD with a distinct flat bottom reversal pattern that occurred in the previous fractal
Keep this on your...
Technical analysis:
. TenXPayToken/Ethereum is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.001900 to 0.001689). if so, traders can set orders based on...
Technical analysis:
. TENXPAYTOKEN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility...
Technical analysis:
. TENXPAYTOKEN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility...
Hey gang! Taking a look at the TenX 4-hour chart, you can see that it has completed Elliott Waves 1-3 with wave 4 approaching the .786 Fib retracement mark. The Fib retracement after waves 1-2 just touched the .786 mark before exploding into wave 3. I think there's a good chance that happens again. There is also an evident inverse head and shoulders pattern as you...
With looking at 4H PAYETH chart there looks to be a falling wedge pattern. If price breaks up and 1 complete candle confirms + RSI breaks lower high trendline we may have buying opportunity. MACD should confirm as well. I was hoping to see an Elliot Wave 4 completion however as price broke below 0.0095 levels hard rule of wave 4 not to overlap with wave 1 was...
