PAYBTC
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
Ten X Pay Falling WedgeBITTREX:PAYUSD
Ten X Pay Token is inside these beautiful falling wedge, that seems to be very close to finish. Which is bullish.
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When we do break out of these falling wedge, the rise should be fast and furious, and with lots of volume. Not there yet, we could still be inside this pattern for a couple more days, but we are getting close to ending it.
Also, we have seen a positive MACD divergence over the past few weeks, where the price is falling while the MACD indicator is rising.
From an Elliot Wave perspective, Wave 1 rose from a low of $0.50 to almost $7.00, and we are ending Wave 2. If we ended Wave 2 around $1.50, and Wave 3 is 1.618 the distance of Wave 1, Wave 3 should have a price target of around $12.00. Which is about 8 times its current price.
coinmarketcap.com
Good Luck to You
Holy Bullish Crab! New Fibonacci-Level to add? PAYBTC
What the Crab!? Look at that CD-Leg while still on the XA 1.618.
Do we have to add Fibonacci 6ish Levels in $crypto to Crab Pattern?
This is fun to watch. Am i mad? No, im new. This is my first public idea here in Tradingview. It took me 4 years.
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
Collapse or Breakout?: TenX Pay ConsolidationTenX Pay Token has managed to stay above the max consolidation range in the 4HR data, although the level was breached. Currently it’s a coin toss with two possible tracks for this instrument. A breakout of the channel will stimulate price growth, but trading below the consolidation line will trigger selling.
We are in a downtrend channel, so trades would be countercyclical until we see a puncture of the descending channel.
This is the game plan on the 1HR:
Cheers and GLWT.
-Erik