PAYBTC
$pay TenX - Neutral Position, Potential 3rd WaveOn 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 movement. We have seen some small retracement between the 0.00076000-0.00085000 Satoshi Retracement. With incoming news of updates and app release to PAYBTC Platform, I believe we will see a renewed focus & attention as seen before. I would advise to not long or short, but keep an eye on PAYBTC for the Moment. Looking at Ichimoku we can see a potential Kumo-Twist so we would want to pay.
Potential 2X trade on PayBTCHigh 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 current entry price. On the other hand, if we collapse, we'll lose nearly half. Maybe more.
Warning! This is a high risk trade. Enter at your own risk. The signs are there but as always, we look to our leader, Bitcoin.
Be careful. Don't throw more money at this than your tolerance level will allow. And you may want to wait and watch what Bitcoin does first. Follow my indicators posted in the chart above.
Happy trading all!
PAY-BTC 4h chart - time to buy?Too low to keep on falling - reached its previous resistance, now last support level. Bearish movement near its end before a bull run. Looks like a good time to buy today or wait until it breaks. iOS app in the app store next week. Ghost candles projection could be steeper rise if volumes are there.
Divergence on MCO Monaco - been beaten down. Good Entry point. When Monaco runs - she sprints - good buy op IMO
TENX PAY finally turning around?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...