Tenx Cup and handle Tenx -1.09% is a great project facing a lot of problems lately
could be a great buy opportunity
*1D MACD is crossing
*Stochastic Rsi at oversold area
*under green cloud
seems breaking out
Target is unlimited
cliff 1.76% high said that pay token could reach near ethereum 11.83% price (300 $ at that time )
i think if the project is valid and started launching CoMIT, delivered working cards and kept promises of 5% incentive for token holders
we could possibly see a huge growth potential
Not financial advise at all
PAYUSD
PAYUSD PAYBTC TENX stable store of valueNothing much to chart here. Maybe we get some fuel, when news will come. BITTREX:PAYBTC
TenX - PAY : critical levelsGood deal. Triangles, key lvls, some positive news and PUMP!
A little bit about the project : In three lines, this is a debit card allowing to spend all the crypto currencies in the market with an Iphone App, Android App and Desktop App
So TenX business is to issue payment cards, their coin is PAY.
+Convert and spend your virtual currencies in real life
+TenX cards
+ COMIT
Cryptographically-secure Off-chain
Multi-asset Instant Transaction network
+ Real-time, transparent rates: 0% SPENDING AND EXCHANGE FEE
+DECENTRALISED SECURITY
SMART CONTRACT (DSS)
+PAYMENT PLATFORM
FOR BLOCKCHAIN ASSETS
COMING SOON
Read and see below in details.
“TenX has figured out how to solve one of the biggest problems for people that are involved in cryptocurrency – actually spending the currency.”
coinmarketcap.com
www.tenx.tech
twitter.com
hackernoon.com
PAY forms C & H PAY token forms a cup & handle and is ready to take off. We had a continous grow from the bottom (~ 1.6 $) and we are on a bullish run for TenX in 2018. I am not a trader for short terms, I am HODLING for long term.
Good luck guys.
Double up. Pay/TenX. Target $7.25.Simple cup and handle pattern here. I think we could see a target of $7.25 reached within the next several weeks.
Pay token Tenx crypto usdAs we can see, a new trend ist astablished (yellow line).This is also a support zone.But it has to be touched 2 Times, to get as a full trending line. After that, the triangle should be broken, by crossing the triangle of the yellow and red line, by pushing the chart over the red line.This would mean a new Moon Shot for tenx.This is no buy or sell recommend, i own pay on my own.
Wir sehen hier die neue gelbe Unterstützungszone, die sich durch den jüngsten Trend etablierte! Diese sollte mehrfach angelaufen werden, um Sie als Unterstützung zu bestätigen, mindestens 2 Mal, sollte dies geschehen. Danach, sollte das Dreieck, des roten oberen Widerstandes gebrochen werden und nach oben hin verlassen werden, was einen Moonshot ankündigen würde, der bis auf ca 9-10 USD sprinten könnte. Dies ist keine Kauf Verkaufsempfehlung, nur was ich denke, ich bin selbst investiert.
TenxI still like this project long term and I believe we will see great heights for this soon. Currently, we have been holding above the uptrend. Which is a good sign for more upside or at least a retest of resistance. We are currently in a consolidation phase as well, a breakout in either direction will dictate the continuation towards that direction. If we break down, we will look to retest all time lows and possibly get a trade opportunity from there. If we go up, we will look for potential new highs and grab some profits. What are your thoughts?
Trade with care.
PAYBTC: UpdateThe previous trade is completed and have closed. We are looking to enter another position. With all my Tenx trade, as long as price does not go below 29k Sat, then we are fine to hold. Check my other post on Tenx to get an idea what I am doing. I am holding majority long term for 2-2.5x gains in the coming weeks. What are your thoughts?
Trade with care.
PAY/USD cup and handle - TenX ready to explode!PAY/USD is showing a cup and handle formation like the one you'd see as example in a trading book.
This pattern is very bullish, especially since TenX has been consolidating for a long time, an upward move looks very likely.
Both the RSI and the MACD in the daily chart indicate an increase in momentum.
The MACD also looks like it is about to turn bullish (it is about to become positive).
If the price of TenX manages to break past the previous resistance at 3.19$, I think we will revist the 5$ level.
Entry level could be now or at the 3.2$ level (with a smaller reward to risk ratio).
Stop loss should be put at 1.4$.
Take profit could be at around 4.8 to 5$.
This is not financial advice, this is just my opinion. Any comment is appreciated!
It's time for TenX is life up to its value. Break out soon!TenX/Pay is consolidating now for about three months and becomes slowly but steady unsettled. Considering that TenX is one of a few Projects that have an actual product, I believe the PAY coin is one of the next that will surge!
What me made to invest in TenX is basically, the more transaction volume the TenX credit card processing, the more valuable PAY is. The value of this token is driven by transaction volume, not from the increased usage of the token, which makes it different to nearly all other currencies, if not all.
Token holders will receive 0.5% of the whole payment volume that is spent by the TenX debit card. The payments to the token holders will be paid in Ether as PAY is an ERC20 token.
Without doubts, if uncertainty rises, which will at some point due to the speculation game that is going on and we’re all caught in, then actual working products with a real-life use case will be the save harbors as they have value. Reminder: Price is what you pay, value is what you get.
Analyse:
After the surge in the beginning of August, the price has plumped due to on VISA license issues and the rise of Monaco, which is a competitor in this niche. Since then investors confirmed the former support line at 3.1$ as the current important resistant line at the 38% FIB level.
Bullish signs:
- We see a huge flag that has been formed, which indicates a break out soon.
- We also see a huge cup and handle which ends at the upper line of the triangle.
- MACD is in the bullish zone and has crossed the signal line.
- Volume is about to accumulate. Whether or not the volume is enough is unclear yet.
Waiting for confirming bullish signals:
- ADX and DI: If the green line goes up we have a signal. As narrower the angle is, as stronger the signal is as stronger the signal is.
- Breaking the flag at 2,8$ is a good sign, breaking the resistant line at 3.1$ is an even better signal.
Target 1: 3.8$
Target 2: 5.6$
Disclaimer: Please to into account that I am not a professional and solely try to make sure to invest smart. As I appreciate the trading ideas by others a lot, I want to share some thoughts. Hence, feedback and corrections are very welcome!
$PAY $TENX midterm predictions. beginning of a new cycleGreat company with a good working product well known among crypto investors. Undervalued company with a proven working product. This company gives people the ooportunity to spend their cryhptocurrencies in normal ways with a visa debit card. it completed its first market cycle and seems to be startinmg a new cycle, specially given the fifth wave we are about tpo get with cryptos. Most crypto investors know of this company and it will receive lots of volume and attention when it starts going up in price.
TenX Follow up - Falling wedge profit zones.Hello guys! Around the beginning of November I noticed the pattern in TenX called the Falling Wedge, and on the 17th Nov. I drew this chart signifying what I believed to be the turning point in TenX/PAY's decline when we seen it's low point of $1.62USD. From this point you can see my projection cone drawn & filled.
The falling wedge is a common reversal pattern indicator - and it can be very profitable pattern to follow when attacked with the right strategy. I have done a follow up to my chart following 3 more solid points of resistance shown within the Fibonacci lines on this chart. These 'Targets' is where I will drop a percentage of my holdings. I will sell a portion (30% roughly) of my TenX holdings at the $3.10 line to start securing my profits. From here I would run a tight stop loss (suggested $2.90 region) & follow the coin up to it's second target of $3.75, where I would drop another percentage of my holdings & wait for the final target lying at the $4.50-$5 mark.
I strongly advise readjusting your stop loss AT THE LEAST at these 3 target points. This being said, to reduce risk & secure profits it is NEVER A BAD IDEA to follow your stop loss - what I mean by this is to watch the coin go from $3.10 > $3.25 & moving your stop loss from $2.90 > $3.05. Using this strategy you would be hard done by to lose money investing in this cycle for TenX.
Long here should give some profit.First obstacle should be around 3.5$, after breaking this resistance sky is the limit.
#cryptocurrency $PAY.X building to breakout above $2TenX has been building a solid foundation around $1.50 for a while now. A breakout at $2 and $3 is the first target. While this one doesn't offer very good risk/reward levels for short-term trading, the solid support at $1.50 makes this a better long-term investment, especially if Bitcoin volatility to the downside increases during a corrective market.
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
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.
www.freeonlinetradingeducation.com
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