TENX
TenX (PAY) is setting up nicely - LONG now and HODLTenX (Pay) is setting up to break out soon and please note that this is a LONG trade. We are basically scooping this up from the bottom and this will take off all the way to the top.
We will try to sell portions every time it hits support/resistance and reload when it retraces.
Buy: 0.000220 - 0.000240
Stop loss : 0.20
Targets will be updated when we see a full candle on a daily chart.
Once again, this will take some time to develop so please sit tight and relax.
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!
Tenx breaking outtenx shows target around all time high between 5 to 6.6 dollars
25 dec tenx will have a Christmas surprise
paybtc reached all time low so there is a big room to growth
TenX PAY (400%+ pontential)Another bottom has been reached, another opportunity is born.
You can open your trade 0.000209 - 0.000240
STOP is up to you. 5%, 10%, 15%, 20% or up to 30% below support (support is market by the red line on the chart).
Targets are the green lines on the chart:
(1) 0.00040
(2) 0.00071
(3) 0.00100 (Over 400% potential profit).
This is a LONG trade.
Remember that it doesn't matter whatever happens, what happened in the past or what will happen in the future.
I doesn't matter if you make money "mistakes" in life. Those mistakes are just lessons to learn and grow.
Doesn't matter what other people think, if you or people consider yourself to be god or bad, rich or poor.
Whatever happens... YOU DESERVE THE BEST.
Thanks for your support.
TENX - Bearish Flag Pattern / Support & Resistance.Tenx is looking slightly bearish, are triple bottom pattern was successful but Bitcoin's price increase and killed the trend off, therefore it started to work conversely and began its decrease. We are still looking slightly bearish.
MACD lines look to be crossing downwards.
Bearish flag pattern signifies a potential drop.
Orange - Resistance.
Pink - Support.
PAYUSD shallow round round bottom - target 4.4Target 4.4 is .618 fib retracement level. Get ready :)
TenX PAY finally ready to the big moonshot!First: $PAY broke out the yellow downtrend resistance line
Second: The Elliot waves pullback pattern suggests that the current level is the low
Third: We are in sideways channel and it is quite usual that after the third attempt a breakout is possible
Fourth: There are so many things coming in the next weeks and months from TenX - Just to mention a few: new card issuer, having all orders inside Europe fulfilled, banking license, new exchanges, first rewards will be paid out, ....
My first target would be around the next fib level: So between 50k-60k but there is definitely room to move up to previous highs. Of course also dependent on the bitcoin price action.
TENX - Triple Bottom Pattern Forming! Upside Potential.TENX has been consolidating at the current prices for a while now, a triple bottom pattern has begun to form and we are looking for our final 3rd confirmation that should be happening in the upcoming days, this is a bullish signal and once the resistance is broken we could be heading back to previous highs.
Orange - Resistance.
Pink - Support.
TenX - 21/1/2017Is TenX about to break out of a prolonged consolidation period? During the consolidation you can see the bands contracting and price moving back and forth between top and bottom. Then on 11/20 price starts to respect the midline and doesn't make it down to the lower band. Then on 11/26 the 21 day BB breaks above the 50 day BB and it looks like another move up is coming.
TenX - contraction pointPossible double bottom and contraction point. For safety waiting for triangle and upper support breakout would be best. TenX will be shipping all of the remaining cards during the holidays which could spark the uptrend depicted as Elliot wave. Timeline is orientatonal, targets depicted are possible. RR is great, stop loss should be under the support line.