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Tenxpay

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.
PLong
by CryptoPAMM
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.***
by CryptoTradeSignals
4
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
Long
by Corrupt_Economy
TenX (PAY) Updated Targets (223% Earnings Potential)When the Altcoins market started to retrace and we fully entered the bear market, many of our trades went on hold. I promised that each time a coin received action, I would update my past trade with new targets and relevant information for the present. Here you have the updated targets for TenX (PAY). You can always visit the old trades if you want more details on this coin. You can use these targets to sell for profits when the time comes. TenX Pay Token (PAY) Targets SHORT TERM (1) 0.000199 (2) 0.000224 MID TERM (1) 0.000259 (2) 0.000292 (3) 0.000339 (4) 0.000398 (5) 0.000571 LONG TERM These targets are based on the all time high back from August 2017. These are really long term targets, TenX Pay will need a huge push in order to challenge these, yet, here you have them for reference and just in case, we all know how GREAT / AWESOME / PROFITABLE & CRAZY the cryptocurrency market can be... (1) 0.000502 (2) 0.000739 (3) 0.000931 (4) 0.001122 (5) 0.001395 (6) 0.001743 (All time high) (7) 0.002746 (New all time high) TenX news Litecoin and TenX Pay Token: twitter.com TenX Pay updates on Litecoin & Blockfolio: blog.tenx.tech Thanks a lot for the likes, share, follow, comments and the incredibly support. It is always highly appreciated, and I will always be thankful for you... ALWAYS... And know that... YOU TRULY DESERVE THE BEST!!! Namaste.
Long
by AlanSantana
16
TenX Pay Token Could Be Worth x2 SoonAfter finding the bottom at $0.77, TenX Pay Token went up, breaking above the descending channel and the 50 Moving Average. This suggests the continuation of the bullish momentum that could result in PAY/USD rising towards $3, that would potentially double it's current value. Although there is strong resistance at $1.64, that has to be surpassed first. This is 61.8% Fibonacci retracement that corresponds to the downtrend trendline. Break and close above this resistance should push price higher, up to $3, that is much stronger technical as well as psychological resistance level. It is unlikely that from this point there will be any major move down and the rise is expected to be smooth. Nevertheless close below $0.77 should invalidate short term bullish outlook and extend the consolidation.
PLong
by CryptoPAMM
PAY announces Partnership with the Litecoin Foundation!Ten X, creators of PAY token, have created a debit card usable all over the world with no foreign transaction fees. Previously partnered with Visa, the companies debit cards have been unavailable and unusable since January when the contract with debit card creators, Wavecrest, was terminated. Things about the cards were quiet until March 23rd when silence about the mysterious end to their debit card platform was broken. Ten X announced to its eager community that they’d have answers to their questions in the next few weeks. March 27th the team posted a follow up ‘Ask Me Anything’ hosted by Reddit where they finally discussed partnering with the Litecoin Foundation and April 11th the cat was out of the bag with Ten X announcing plans to release a “co-branded” card. Litepay TenX. All of this uncertainty has caused quite a bit of turbulence for Ten X’s token PAY over the last few months. Looking at the charts, you can see the greatest decrease in volume the token had seen to date happened during this time and price action saw a 55% drop. While 55% might seem like a significant dip in price action, this was actually the smallest of PAY token’s 3 major corrections to date with the token holding up reasonably well, despite the communities bad news, than a number of other tokens in the market.
by theJadeCrow
3
TenX Pay on Bittrex on 270% - 550% Profit Path - (M)This is a Medium Risk trade if you enter at time of solid break, before it will be High Risk. I do not have specific target for this trade since we need to see when we actually make solid full break. I do believe that trend change will come for this coin sooner then later with Bitcoin's stable movement. Again, just wait for that solid break and do a 5%-15% SL depending on your risk comfort. Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
Long
by CryptoManiac101
5
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
Long
by Elisster