M-PAY
TenX/PAY Falling Wedge CompletionTenX has been left battered after this grueling downtrend, but we're finally seeing some positives, alongside a 40% recovery in these past days we're seeing what looks like the completion of falling wedge downtrend & we've seen ample support for the coin around the 0.00020000 mark.
I'm expecting TenX to come rushing out the gates in the coming month, we'll of course see the many unpredictable highs & lows of this pending uptrend but I'm expecting roughly a steady 65% increase in the coming 3 weeks.
As much as I'd like to give a signal on TenX we're still seeing relatively low volume & recommend buying anywhere as close to 0.00020000 as you can. It couldn't hurt to have a stop loss considering this is a long hold, and we shouldn't need to cancel our listing & confirm a quick trade. It might be a good idea to set the stop loss once we've seen a good 40-50% of this uptrend & follow it up to claim your holdings.
TenX PayAt 0.00023 BTC, the price rebounded and formed strong support, which is the basis for building Fibonacci levels.
I noticed a certain increase in trading volume, as well as a bullish divergence between the price and the MACD and Momentum oscillators.
Since the last candle was bearish, I recommend buying from 0.0003, and also using a stop loss and a trailing stop.
But 0.0003
target 0.00045 and 0.00065
stop-loss 0.0002
PAY Q4 2017. Merry ChristmasWaiting for the hard fork. Sentiment is that alts are going to rise right after the fork because this is what happend with last forks. So I think now there will be a change in behavior and people will start buying alts before the fork to not miss the run. The very short days near the fork dump again to jump on the s2x train and then, after the fork, back again to alts.
Then, imo PAY will be pumped hard, also thanks to first COMIT beta release, new card issuer to distribute the cards worldwide and (maybe) the first pay holder rewards.
Happy new year!
TenX Pay bullish patternSince my last Post happened quit a lot, Bitcoin reach a new peak and PAY shows a wonderful pattern. Well, now we clearly see a head shoulder pattern which is actually an indicator for a trend reversal. Of course, it is not 100% save, but in my opinion it is the start of a bullish trend. At the moment it is searching for the next support to finally breach out.
MACD signals also support the pattern.
Enjoy the ride
TenX Pay Up?On a mid range scale we clearly see an uptrend which hopefully means a return from its long fall. But this coin is kinda difficult, even with a great product and team behind it, this coin won't really go up. That's why I see two(3) options how this coin can go in the next few days; First: We follow the green uptrend line, in that case it's on to you to decide how high the coin will jump, but I think if it easily passes resistance line at 0.00033 and 0.00034, it can make a big jump forward. Second and due to history most probable, we fall again under the uptrend line in which case the trend would correct itself. The Worst case, it falls under support line at 0.00029 and we will see the coin continue falling.
I would like to hear what you guys think about it!
TenX PAY buyon this graph you can see how already once PAY tested the resistance at 1.95. If you look, you will notice that the stochastic RSI is directed upwards, the MACD has made the cross up, as well as some increase in the trading volume. This indicates a future growth.
buy ------- 2
stop-loss -- 1.85
target 1 ---- 2.28
target 2 ---- 2.82
Wait for the confirmation of the signal to buy
PAYBTC - Trend reversal now or TenX Pay is deadWe are seeing that the bottom line from start of trading is reached. If that is really the bottom a huge upswing (maybe with news about card issuer) is coming. BUT if we break below that level Pay is absolutely dead - people are frustrated of so often delayed timelines.
PAYBTC Symmetrical Triangle Support and resistance are narrowing, if this triangle breaks up, we will have a great opportunity to catch the bullish trend.
Buy orders can be set at the BUY ZONE or at the bullish confirmation.
If the triangle breaks down, we have support at 0.00030472 and further down at 0.00027373