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
PAYUSD
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
TENX UPSIDE POTENTIAL OF 50% ?!Tenx has been taking a battering from the market over the past few weeks, however, it finally made a small recovery and experienced some growth with an upside of approximately 40% in just a short amount of time. It now seems to be consolidating at its current price without having a major correction from the recent increase, the value is now fluctuating between the support and resistance shown on the graph. We can expect to see further growth in Tenx if these resistance lines are broken, follow the graph and trade accordingly.
Orange - Resistance.
Purple - Support.