There is a possibility for the beginning of an uptrend in PAYETHTechnical analysis:
. TENXPAYTOKEN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. Price is in the support zone (0.001740 to 0.001300), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.001740)
Ending of entry zone (0.001300)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.002201
TP2= @ 0.002593
TP3= @ 0.003047
TP4= @ 0.003348
TP5= @ 0.004062
TP6= @ 0.004775
TP7= @ 0.005793
TP8= @ 0.007087
TP9= Free
TENX
There is a possibility for the beginning of an uptrend in PAYETHTechnical analysis:
. TENXPAYTOKEN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. Price is in the support zone (0.001740 to 0.001300), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.001740)
Ending of entry zone (0.001300)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.002201
TP2= @ 0.002593
TP3= @ 0.003047
TP4= @ 0.003348
TP5= @ 0.004062
TP6= @ 0.004775
TP7= @ 0.005793
TP8= @ 0.007087
TP9= Free
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
TenX Pay Token - PAYBTC - D1 - Trade ideaBITTREX:PAYBTC
30.07.18 - TenX Pay Token
Already made 10% gains from last day. It is possible to break again the 20MA from BB and retest the last 2 resistance (tops) at 14633 and 18415 or even higher.
Must watch.
Possible trades:
Buy: 12384 - 12950
TP1: 14000
TP2: 14599
Risky ones or mid/long term
TP3: 17000
TP4: 19700
SL: 10136
TENX: BITHUMB PRICES 10x MARKET AVERAGE? - PROFIT = 153.40% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 83.60% PROFIT!!!
The increase in price may also be explained by positive developments including:
(May 16: Bitthumb announces listing of TenX.
May 16: TenX announces updates to Android and IOS wallets.
June 1: TenX announces it is now part of the European Union’s Blockchain Observatory & Forum.
June 27: TenX announces their first atomic swap on the Bitcoin and Ethereum network.
June 30: TENX announces that it holds a valid BIN (Bank Identification Number) from the major card schemes.
July 17: Massive price surge on Bitthumb as prices increase to 10x above the market average. Analysis reveals that trading volumes on Bittumb are reat than the market cap of TenX.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
TenX Pay vs Bitcoin Could Be ReversingTenX Pay clearly trending downwards, while moving within the descending channel. Although recently price bounced off the lower trendline of the descending channel and went up from 7523 to 14785 satoshis, resulting in a 96% growth in just 3 days.
On a corrective wave down, PAY/BTC found the support at 76.4% Fibonacci retracement level, that is 9k satoshis area. So far the support has been rejected and if it holds price could start moving upwards, and perhaps result in a trend reversal.
Obviously it is far too early to speak of the trend reversal, but the current price does present a very interesting buying opportunity. Nonetheless, if TenXPay will go below 8900 satoshis support, the downtrend continuation could take place, resulting in further decline, perhaps down to the 5k satoshis level.
TenX Pay Token Hitting ResistanceTenxPay Token has formed a double bottom at $0.45, after which price went up sharply. During the past three days, PAY/USD gained 111%, while rising from the $0.45 support up to the $0.96 resistance.
The resistance is confirmed by 38.2% Fibonacci retracement and today it was rejected, along with the 200 Moving Average and middle trendline of the descending channel. Currently it looks like $1 psychological resistance could play a key role in further price development.
But the fact is that the resistance has been rejected and at this point the correction down is possible. Price could decline towards 23.6% Fibs support at $0.76, or if broken, down to either $0.55 or $0.45.
On the upside, if daily close will be above the $1 price should continue moving higher towards one of the resistance levels. First is 61.8% Fibs at $1.27, and second is 76.4% Fibs at $1.46. Break and close above the $1.46 resistance, along with the upper trendline of the descending channel could signal on the beginning of the strong uptrend, while rejection should result in a correction or even a downtrend continuation.
TENX: VALID BANK ID NO. & FIRST ATOMIC SWAP - PROFIT = 83.60% !Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 83.60% PROFIT!!!
The increase in price may also be explained by positive developments including:
(NEW) May 16: Bitthumb announces listing of TenX.
(NEW) May 16: TenX announces updates to Android and IOS wallets.
(NEW) June 1 : TenX announces it is now part of the European Union’s Blockchain Observatory & Forum.
(NEW) June 27: TenX announces their first atomic swap on the Bitcoin and Ethereum network.
(NEW) June 30: TENX announces that it holds a valid BIN (Bank Identification Number) from the major card schemes.
The general uptrend in the crypto markets as well as the positive developments outline above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
Blackbox buy signal on TenX from Nordic CryptoOn May 16th 2018 our Blackbox generated a buy signal for TenX on the BTCPAY trading pair. Our algorithm has more than 50% chance of winning with a risk to reward ratio of 1:6 on Bitcoin pairs. Statistically signals have an average loss of -23% and average win of 143% based on 316 historical buy/sell signals since 2013. This is a live signal and we will post the sell signal to close the trade when our algorithm alerts us.
The institutional Blackbox is based on a proprietary, rule-based algorithm that generates buying and selling signals in cryptocurrencies for institutional finance and professional investors. Harnessing near two decades of currency and futures market trading experiences, the Blackbox introduces the discipline and the advantages of a proven, rule based trading approach to the volatile cryptocurrency market.
Tenx To the moonwhy to wait to enter in high prices when u can enter in low one
Long term investment
Target is unpredictable so let's find out
Happy trading
PAY-USD Piece of Crap Bittrex exchange #1 in Pump-&-Dumps
As you can see here, Bittrex is still the leading Pump & Dump exchange in the world.
Indicators:
None - Literally none
The Volume was dead just a few hours ago and rose to 3rd in volume on the Bittrex exchange
If you thought Bittrex was going to make any sort of positive changes to its platform, well you were a gullible moron (I know I was).
There's a reason why Bittrex is going down the shitter faster than these Pump & Dumps they seem to allow to happen on a daily bases.
Despite their strong words in the emails they sent everyone in December, in which they set forth plans to reduce this sort of clear bullshit market manipulation, Bittrex is still finding their thumbs up their asses and doing nothing about it. Thanks Bittrex, keep them up there, you're doing great!
It's no wonder that Bittrex 24hr trade volume has pretty much diminished to shameful levels that other exchanges have in their first year in business.
How are yall not getting investigated by the FTC?
If you are in the US, which exchange do you use?
Do you like it?
Would you recommend it?
#PAYBTC #cryptocurrency right at support for a swing entryas shown. Risk:Reward nearly 1:3 for the near-term swing play but much greater for a longer-term hold. They had run into some fundamental issues over the past 6 months if I remember correctly and likely the reason for the general weakness here. Many of these tokens trying to bring cryptos to card-based payment mechanisms - eventually, some of them will succeed in grabbing increasing market share and will be an important step for making crypto transactions as commonplace as credit cards. I haven't done any deep dive with respect to the difference between the tokens, but this post is simply the obvious R/R levels here for a swing.
TenX (PAY) About to Break Out? 15-20% Quick Profit Potential!Hello and welcome to TenX (PAY) vs Bitcoin
PAY broke out of its down trend back on 01/04/2018. We have since been in an uptrend, however we haven’t seen the gains that a lot of other Altcoins have enjoyed. This could be about to change…
Why does this means things are about to change? Good question… well as you can see, we have formed a symmetrical triangle (technically as this is a pattern less than a few weeks old it is actually a pennant hence I have added the height of the flag pole in blue). The good thing about symmetrical triangles is that they usually form during a trend as a continuation pattern (though in some cases they do denote a trend reversal). Given we are in an uptrend then it is likely we will see a breakout to the upside. When we also consider the general bullish bias of the overall market, then this adds to our case.
Ideally we would have liked to have seen a breakout of the top resistance line within the first ½ to ¾ of the pattern which we haven’t seen. Given we are nearing the apex a break this far through can turn out to be insignificant. So this is something to watch out for!
I have added in an area between the red dashed lines which represent heavy resistance. This also coincides with the height of the flag pole and thus our target (pink line) is just below this representing a 15-20% profit depending on where you get in and out on a confirmed breakout with volume.
Looking at our moving averages the 26 EMA crossed over the 12 EMA giving us a bullish bias back on 14th of April. RSI and MACD are both where you would expect them to be given we are coming to a decision point. Aroon Up/Down was shifting towards a bearish bias but this has started to fade over the last day or two.
How to trade this… well what we need to see is a break to the upside of the symmetrical triangle with some decent volume. If this occurs then we will likely reach our target (pink line) before retracing from the resistance (break outs from symmetrical triangles will often retrace back to the level of breakout to test it as support before continuing in their trend direction). If this breakout and retrace do occur, then it could also be crucial in the formation of a hypothetical ascending channel which I have added in as the orange dashed lines.
One final note: It is important to ensure we have volume on the breakout; as like I mentioned earlier - a breakout this close to the apex can often be insignificant. That being said even if it is insignificant we will still be going up somewhat; and it is worth noting that we have quite a lot of support under us (we have the 50 EMA which is not pictured right under us) so I can’t see a break to the down side occurring.
Trade safe!
Cheers
TenX (PAY) Coin Bull Train StartedBITTREX:PAYBTC is dumped from past few months,
And finally reach the bottom support level at price 11k satoshi,
Bounce back from the support level & moves towards Up..
Now at 17k Satoshi.
Looks like forming a Cup,
If it forming a Cup then, the price hit above the 30k Satoshi ..
In past months it was dumping hard, now we can see a rising of the price of this coin.
RSI stays at a trend line , it was also a bullish signal.
Strong Support level at 11K Satoahi..
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***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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