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PAYBTC

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.
Long
by GeorgeVeritas
TenX, Pay, PAY/BTC1) Red bearish channel, based on 2 lowest point. first touch '2" than another side 'b', and can see don't have that bearish power to pull price to another side of channel. 2) Green bullish channel. start in same , 2nd historical low, '1', strong push to '2' and create another side of channel, pull back to '3' and don't strong until middle of channel and broke in 'x'. 3) Bearish inside Bearish in black channel. (2,b,'i') for beginning, 'ii' for reflect (by candle there have touch), 'iii'- didnt hit 'red' channel, 'iv' +'3' , straight to 'v', and now price hanging around black channel middle line, and 'x' of bullish support trend line. Price can continue to follow on line (a,1,iv,3,x). In this can see that bearish dominating on market, and people keep selling coins due panic and BTC movement.
by GeorgeVeritas
TenX getting readyLooks like, because of BTC hopping around, we are on the same bad news (s..t) line, just like Sunday when I first posted this graph. I think that once BTC stops this circus, Tenx will go up considerably, at least to the trend line. Than again, there are so many coins ready to pop now, it is difficult to choose (RDD, ARK, ADA...) Still, I think that TenX is at its bottom and we should see a nice road up :) The real question is when is BTC going to stop the down trend?
by myaccount
TenXpay VS Bitcoin - Interesting TimingTenX Pay Token found the support at 10500 satoshi and slowly started to move higher. Price broke above the descending channel and 200 Moving Average signaling on a potential correction up or even a trend reversal. After breaking higher and testing 40k satoshi, PAY/BTC corrected back where it rejected multiple supports.  Upper trendline of the descending channel REJECTED 50% Fibonacci Retracement REJECTED 200 Moving Average REJECTED Uptrend Trendline REJECTED It seems like TenXPay is becoming very bullish and should outperform Bitcoin, at least in the short to medium term. First target near 60k satoshi where two Fibonacci retracement levels meet with each other, the 227.2% applied to the last corrective wave down and 76.4% applied to the September high and December low. Therefore, TenXPay could easily double in value against Bitcoin and if the 60k resistance is broken there will be much more upside potential. Only break below the 10k support could invalidate bullish outlook.
Long
by CryptoPAMM
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