$PAY breakout, time to go up$PAY made a breakout and might retest trendline before going up. orange line is first hurdle it should overcome.
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PAYBTC trade ideas
Time for pay Personally I like the fundamentals behind tenx (pay ) and think a debit card to pay for stuff with crypto currency will be very popular in the next few years but for today the chart is giving a great buy in price with very low risk.
The bottom is starting to round out and the selling volume is decreasing.
Low risk very great potential.
PAYBTC - Trend reversal now or TenX Pay is deadWe are seeing that the bottom line from start of trading is reached. If that is really the bottom a huge upswing (maybe with news about card issuer) is coming. BUT if we break below that level Pay is absolutely dead - people are frustrated of so often delayed timelines.
PAYBTC - no volume, no gain!If we won't get some crazy amount of volume (like we did on September 22nd), this was a false breakout of already 3 week long decline and we will probably hit next support at 0.000235, if we won't bounce back from current support. Also, RSI is not on our side currently.
If by some coincidence bulls appear from around the corner, there will have to be really many of them to fight our way back up to the previous high at 0.00047.
PAYBTC Symmetrical Triangle Support and resistance are narrowing, if this triangle breaks up, we will have a great opportunity to catch the bullish trend.
Buy orders can be set at the BUY ZONE or at the bullish confirmation.
If the triangle breaks down, we have support at 0.00030472 and further down at 0.00027373
TenX attempting a bottom. Wait for confirmationPossible bottom in.
Still below 10D, 30D EMA and longer SMAs.
Needs to break out of down trending channel on good volume and start a Buy TD Sequence.
Has faded multi-day breakouts before.
Wait for major trend line to be broken for a safe entry.
No good indicator signals to confirm at this time.
Waiting for confirmation.
TENX: PAY/BTC - Long in mid termIt's reach strong support line
In November 2017, there is a rumor that PAY will be accepted to appear VISA in PAY's card without any limit region. Now, It's only within Europe but after November, It's appear all over the world.
PAY will go to the Mars, not the Moon :))
Now, It's very good price to entry.
Thank me later :)
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