M-PAY
Tenx PAYBTC BittrexWatching $PAY closely as it nears a break out from the descending wedge.
Plenty of bullish signals. My entry would be on a confirmed break out and retest of the top wedge resistance turned support. A strong bounce there will indicate the beginning of a potentially strong bull run.
I Still Believe In You PAY!I think PAY is a really good coin to be accumulating right now. The Stoch is way oversold, the RSI is borderline oversold, the MACD is sitting and waiting for a bullish cross. No signals yet from the Ichimoku cloud.
I think this is still a great buy and long hold. The ROI potential vs downside potential is insane. Happy trading.
Pay/USD Going up, Long term investment, Or shorter one?First i must say i might be wrong in this idea drawn on this graph. Pay/usd is really keen on going upward trend, we just dont know how much at this point.
Bitcoin Strong Bounce from $6k... (But What About the Altcoins?)Back in late January, even though I don't make predictions, I predicted that the Bitcoin price would start to move up, or at least stabilize after the 15th February. This prediction came true, but I later updated it saying, "the Bitcoin price will either stabilize or start going up by Mid / Late February".
We are already in Mid / Late February, and the Bitcoin price is really strong compared to the position we were sitting at by the end of January, when everything was pure red and there were no chances of testing resistance levels, only looking down for support.
Yesterday we enjoyed tracking Bitcoin, to see if it would close above our very strong resistance point. It turned out it wasn't possible, the price was clearly manipulated, all the way down, then up and back down for a negative close. It is ok, we know how this game works, but it is a shame that it is so clear... From here Alan Masters, tell me, where to we go?
* Bitcoin can now decide to go sideways, to build up momentum for another run up. Another try at our resistance level or maybe go down, even a bit hard to try our closest support. The bottom that we were looking at a few days ago is still possible to be tested, but not as far back down as many thought (including myself), I am not seeing lots of momentum but the general Bitcoin sentiment is still strong, testing the $4,500 levels would put us back many months. So the range that we should be looking at if Bitcoin comes crashing down hard is around the $5,900 to $8,200 levels, this is a good range to find a very strong support. Maybe a double bottom, but this is just speculation, in weeks time we will know. The point is that we had our fun going up, so it is time to test our support line at least, before we try another run.
But what about the Altcoins market? That's the question I hear the most.
Let's take a quick look, when this market will become a mine of GOLD.
The Altcoins are late to the party, all of the time. Think about it...
When Bitcoin started its correction, the Altcoin market took a while to feel the full hit, same happens when Bitcoin starts running again, the Altcoins keep on declining, until Bitcoin slows down and starts to think.
I've seen it many times before, let me tell you how this will all play out, from beginning to end:
1) The Altcoins will continue their correction until Bitcoin finds a strong support. They are already sitting near the bottom, but they can go another 15-35% more negative, before reaching a plateau and remain there until it is time to move up. Some altcoins are already there, waiting for their time to shoot up. This will be their consolidation period, this period is actually great, this is when our charts start to form.
2) After Bitcoin finds and confirms its strong support, and start its next run up (after consolidation and accumulation), the Altcoins market will give its first hint. Before anyone can even notice, we will be looking at 30%-55%+ across the board, but by the time beginners start to jump in, it will be too late if you don't know how to trade, only those that were buying when fear was big will reap the maximum earnings that can be achieved. Many altcoins will double and triple their value in a short period of time, but this will stop soon afterwards.
3) Now comes the final step, Bitcoin is ready for its next leg up, this can take many months, so give it time for the market to grow. After we reach the first half of the year, depending on these next few months, Bitcoin will grow and the market as a whole. We will see the entire cryptocurrency market booming, but we won't be challenging the All Time High that Bitcoin reached just two months ago. We will have another period of rest, until Bitcoin starts its true run up. After Bitcoin has reached the mountains and calms down (late 2018), the alternative coins market will have its fun. So, so far we have two strong cycles per year, and there is an exception, in the near future it can be more.
PAYBTC long consolidation waiting for breakoutStill in the triangle, at the bottom line, good entry now. It could go down 20% until the red line and then straight up for great profits. If you want to play it safe you can put a buy order just above the triangle. Long term hodling, no stop loss, great announcements in the near future for PAYBTC
TenX (PAY) Strong Long Fundamentals Trade (760%+ Potential)TenX Pay Token (PAY) has been proven to be a very solid coin. It normally goes against Bitcoin, meaning, when Bitcoin goes down TenX tends to go up, and when Bitcoin goes up TenX tends to go down. With Bitcoin losing momentum, this might be a great a time to take a closer look at TenX Pay... but this isn't the only indicator, I have a fundamentals based trade for you today. Let's take a look... let's trade!!!
I started a long term trade for this coin back in December 4 2017, so far, it is still looking solid and even with the very deep and strong market wide correction, the price swings for PAY has been small compared to many of the coins available on this market.
There is also rumor that PAY is going to be added to Binance. It actually looks like a Binance friendly coin. This can give a nice boost to our trade if this comes to happen (this hasn't been confirmed, do not take this as a signal but rather just as a rumor that might come true).
News: COMIT NETWORK is being released, a new platform linking cryptocoins together for payments. (I received this tip from a very good source that only trades on fundamentals. He is strong on PAY based on coming news). More info: www.comit.network.
Plus some events coming soon where TenX Pay Token (PAY) is relevant...
- 12 February 2018 (Bitcoin Singapore Meetup)
- 16 February 2018 (Bitcoin SuperConference)
- 20 March 2018 (Token2049 Hong Kong)
- More on the 28th and finally a new card issuer on the 31 March 2018. (TenX Pay Token issues a debit card that can be used with many different cryptocurrencies)
This will be a long term trade, for a strong and long term coin with a real and useful product.
Let's look at the trading instructions (this is more of a fundamentals based trade rather than chart indicators, so we won't be looking at those this time around).
*** TenX Pay Token Trade Analysis by Alan Masters
Trade instructions
Buy-in range: 0.000190 - 0.000255
Feel free to buy as much as you want. If this coin is added to Binance, this will be one big party. If not, this is still a very strong coin / trade and lots of big developments are coming in the following days, weeks and months.
Targets:
(1) 0.000319
(2) 0.000399
(3) 0.000556
(4) 0.000783
(5) 0.001149
(6) 0.001410
(7) 0.001743
(8) 0.002702 (New all time high)
Note: If you are going long term, sell small on the first two targets.
Stop-loss: 0.000176
Note: If you want to go long term, you can use 0.000144 as stop loss in case the coin goes down.
*** Message: Dedication
Dedication is when you want something, with or without the support of the world.
When you strive to get it, putting your mind, soul and body, into it. Giving it everything in order to fulfill your goals.
Dedication is not about hard working or hard work. It is not about meditation. It is about achieving, regardless of the method, everything that you want.
It might require concentration and hard work, yes, but that is not what dedication is. Dedication is the feeling that it can be hard, easy or long, no matter what happens, you enjoy the ride, in the end you will always win.
I am dedicated to sharing with you what I think can be profitable, for you and me.
My dedication makes me happy, because I know for sure that we can both win.
Me and You my friend. Now & Always...
Namaste.
TenXPay Is Ready To Explore New HighsTenX Pay Token does look very strong, especially after it has started producing higher highs and higher lows. Prior to that price formed a double bottom a $1.35 support and while moving higher, rejected the uptrend trendline and broke above the 200 Moving Average.
Fibonacci applied to the corrective wave down where the trendline and the moving average were rejected, shows the potential upside targets. The key resistance is at $13.25 where two Fibs are inline. First is 527.2% and second is 227.2% retracement level applied to the corrective wave of the previous all-time high.
Currently, the trend is very bullish and only break below the $1.35 support could invalidate this outlook.
TENX (PAY) BUY SETUPLOOKING TO BUY AROUND $2.13 FOR A MEDIUM TERM HOLD TO ABOUT $4.60
I WILL CLOSE ABOUT 50% OF MY ORDERS AT $4.60 AND HOLD THE REST LONG TERM!
TenX. PAY/BTCOn daily chart can see formed triangle. RSI find support level and resistance-trend-line. CCI stuck in low zone. ADX show very low power of Bearish trend, means market not support BIG Sale. MACD show Divergence, and Ichimoku Cloud turn to green , but "Chikou" still under cloud. TenKan and Kijun close to each other. In one trading technical analysis book i met theory that indicators can use also to look support, resistance and trendlines. TenX , PAY/BTC have 2 way, and brake-out of triangle with Bullish candle is more strong than continue to falling down.