PAYUSDTThis will be the first content on PAYUSDT. We have seen Tenx following the descending channel for three months and counting with intense trial to break out. Now, we have got a few curveballs to stop the break out. We hope to see btc in good patterns for a big roi on pay. Always be cognizant this is not a financial advice but an educational content. Give it a thumbs up and a follow if that's a ginger. Winks
Payusdt
TENXPAY Pay tenX Now we are buy Crypto problem is how to spend! My opinion tenx have much more potantial than 8-10 usd
My ideas not an invest advice...
Tenx Pay Token Oversold and OutperformingThis is a long set-up for TenX Pay token against the US dollar.
Pay has been outperforming the Crypto-Index while the market sits in the overbought range on the Relative Strength Index as indicated by the blue pooling above the RSI.
The last example of this set-up has been identified on the chart and resulted in a price movement upward of 70%.
The CARSI status carries across time-stamps and is also apparent on the 4hr.
This is only an observation using the Crypto-Adjusted RSI tool found at www.kenzing.com
PAY/BTC - The sleeping GIANT ! - Big odds for early birds !Let's take a look at the pay token of TenX today.
In my opinion, one of the most undervalued tokens currently on the market, which has tremendous potential and is currently extremely cheap.
Background knowledge:
Due to a license problem from the former partner company Wavecrest, all of TenX's cards have been deactivated and must be replaced. This incident and the currently declining market trend, as well as the not yet redeemed profit sharing of Tokenhalter give some information about the current price development of Pay.
Glad for us!
As other card providers are also affected by the problems with Wavecrest, TenX has a great opportunity to establish itself ahead of other providers in the market. According to the current state, TenX should already receive the new license for their cards in the second quarter of this year.
Other factors that speak for a promising market share and thus for a rising price:
- TenX already has a working product
- It is planned that Tokens will get features and usecases such as e.g. Identification of the customers or participation of the
holders in profits
- Global awareness of the CEO (Dr. Julian Hosp)
I. Entry:
good entry: between 0.00013-0.00015 BTC / PAY
optimal entry: between 0.00010-0.00011 BTC / PAY
II. First Target:
At 0.00023 BTC / PAY
III. Points 1 and 2 in the chart:
(1) 4 EMA signals a sell-signal by crossing the 18 EMA
(2) Is the time when the TenX receives the license and can issue cards and the price is likely to rise sharply
III. Strategy:
long-term hodlers = shopping and waiting for the first target
greedy guys = wait until BTC reaches bottom and then shop
Annotation:
Personally, I prefer to trade PAY on HitBTC(even if I do not like this doubtful Exchange...), because the big spread often makes easy profits per trade
Sources:
twitter.com
blog.tenx.tech
www.tenx.tech
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
