Looks like PAY is on a falling wedge and soon to reach supply zone (see red lines in the chart). Once it could bounce off from that zone, we're shooting for the stars! Also, they have just released their web app in closed beta yesterday. So, prepare for the pump and buy now. blog.tenx.tech
If you bought in around the support zone marked 0.00081978 as posted in premium you are already up on PAY. We can see the falling wedge on the bearish trend through looking at the moving averages. Bollinger bands begin to compress about 1/4 of the way down the wedge. A falling wedge is also an indicator for upcoming bullishness which we see during the breakout....
A bit tricky to chart this rather new coin....not so many history for TA Anyways: it looks to me that we're at the beginning of next leg up (5th). RSI indicates there is plenty room to the upside on all timeframes. Price has broken out of the mid term donwtrend, made a correction and broke out again after touching the blue box which I placed there as a target for...
RSI < 60% 7, 21 & 77 averages converging for the 7 & 21 to finally come above the 77 DI 30up vs 14down TENX appeared to hit its bottom at 0.00078100 around 19th Aug. could the above + current graph mean it's finally finished the correction? Maybe due a leg up in the next couple of days? Would love to hear others thoughts...
Update for my PAY/BTC idea. New buy zone there. Let´s see how it moves the next hours. I think the uptrend will be continue but set your stop lose a little lower than the intact trend line .
I think TenX -1.61% have very high potential in short and long range. Everybody will spend her cryptos in Supermarket or something like that and now it´s easy possilbe with TenX -1.61% . Fee= 0% Available Crypto´s: BTC/ETH/DASH/ICN mutch more in future.
TenX is headed up after breaking out of the descending wedge. Right now on the 1hr it's potentially making a cup and handle which would signal even further upward movement. The first horizontal purple line indicates the target if it is a true C&H, with the higher purple line being the greater resistance level. Continuing bullish sentiment on this coin.
I can't identify any significant patterns here other than a clear tightening downtrend. It is moving down on low volume, and there is no strength in the trend. Stoch RSI shows it is already being oversold, which can facilitate the downtrend but is also a precursor for a reversal. The SAR indicator supports the downtrend hypothesis, but ADX confirms the trend is...
TENX 10X PAYBTC Pattern showing it should hit the moon soon..#neocoin #Antshares #Neo #BlockChain
will be interesting to see if there is a breakout i the next couple of hours !!
It is definitely harder to predict price patterns on these brand new coins, but Ima give it a try. Here we see Fib from low to high. You'll also see some trendlines that have started to form and support levels I've drawn. So, let's make heads and tails of this. Fib. is self-explanatory. I've drawn it from around the low to around the high of this coin. First...