PAYBTC trade ideas
(PAY/BTC) MOOOOOON SHOT?If PAY breaks the resistance areas its Gona Goooo .
But I believe we are still definitely a little weak and the bulls are warming up. PAY will Probably do a stair step pattern .
PAY is still small enough to have some ridiculous pops of 15% right up to the next point of Resistance.
When ever you get near all time lows In any market everyone is waiting for a confirmation to the upside to get back in, So the the Bounce back is exuberant.
I will probably bring my stop losses up after every pop.
Any time you Get kicked out of a trade you have already made Gains on take a Walk and Don't Hop back in immediately, You got Kicked for a Reason.
If you get Back in take your profit and then some out of the trade.
If Cryptos can jump 15% they can crash with just as much speed.
Tenx $Pay Bullish Flag - 3 Potential Profit LevelsTenx had a great start and has spiraled out of control to the bottom. Now we will see its resurgence.
The bullish flag tells us to take profit at the identified TP1 location. However, my theory is that it will shoot back up to TP3 area (of course not in a linear line)
Always trade after confirmation for less risk.
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$PAY prediction I'd acquire now if you believe in the TenX project which is the idea of crypto as an actual means of payment. They have a functional app as well as functional visa cards. I like this brand because it makes me want a card, and the marketing and design from this team are on point. I personally don't own a position in $PAY but I view this investment as a potential big gainer in the future because of their marketing and design strategy. People like exclusive shiny things and their branding screams that.
PAYBTC Nice Break - Where to?Pay had a nice 40% gain in 10 hours yesterday!
So where to? I think we are sideways for a couple of days and around the 25th we should launch (blue) to .00081 range with strong shadows. (green) for 40-45%
This would mark the B in the ABC wave up.
A crosses 77 MA - Pause to bring 21 day to 7 day MA
B crosses 231 MA - Pause to bring 21 and 77 days to 231 and we will bang on the last C extension.
PAY and DASH are having long sessions at the Blockchain conference! DASH - PAY - Mastercard???? SAY MOON SHOTS - I AM NOT A PRO - Suggestions welcome!
TenX PAY Starting a New Market CycleLooks like TenX has finally broke out of its descending wedge. Seems to be starting a new market cycle.
Right now it's quite overbought after breaking out, and MACD is turning around slightly. Buying the dip between 57000-55000 satoshis sounds about right. We have support at 57000, and price might want to dip a ever so slightly below that to touch the Kijun.
1st Target is the top of the ichimoku cloud. Edge to Edge in cloud is important.
2nd Target is 107443. Strong resistance here.
3rd Target is ATH of 156777. Most likely if we break the 2nd target it will make a new all time high however.
Let me know what you think.
Pay/BTC (TenX buy opportunity)Hello,
I believe I have idetified a buy opportunity in TenX, this would be a short term (a few days tops). As we can se in the graph TenX has followed the "tunnel"-pattern the last few days. And what we can see is that it bounces on and against the bottom / the floor. With exception on the 20th september. There are some similarities between the 20th and now. Both have broken the lower tunnel support and have also gone down to <30 RSI. In both these cases the price has jumped up again.
There are 3 scenarios according to me.
A, it breaches the floor of the tunnel supportline and from then continues on its bearish path.
B, The price reaches a point somewhere near the supportline (the red one), but not breaking it, and from there on continues its bearish path.
C, A significant increase in price will take place, potentially breaking the bearish pattern (unlikely imo). My guess in this scenario is that it will bounce on and off the red supportline.
TL:DR, a short term position with small gains. It can play out 3 ways.
Note: I am a beginner, I am here to learn. If you have any thing to share to support or oppose my prediction, feel free to share it!
PAYBTC Catch a falling starPAY has given up about 75% of the recent gains.
Strong floor here at .00046 with one last support at .00032.
Uptrend test? If this IS the end of wave 5 a consolidation period should quickly test .00055 in the next couple of days with bursts from .00062.
Potential targets of .0019 to .0025 rather quickly.
TenX and DASH are both presenting at the Blockchain conference next week and should fire things up up up.