PAYBTC trade ideas
PAY/BTC Short term movementPAY TenX is a great project with amazing team that is working super hard to provide a working product. In my opinion it has way more potential than MCO, which has been pumped way too much recently. PAY has been in downtrend basically since the last pump which set the new ATH. Right now, we're very close to the trend line and strong support near 54-55k area. If we break the trend line we might see a movement into the Ichimoku cloud and stop around 60k. Stoch RSI shows that we're in oversold area, so let's hope for trend reversal. But the most important thing is not to break the support line. If it does so, we could see a fall to the next support line around 43-45k. This is the first analysis I publish, so any feedback is appreciated.
Happy trading!
TENX PAY at the pullbackTenX Pay is getting bullish, with good volume, and RSI pointing up. Enter at the pull back within a lower time frame before bouncing to the targets. GL!
PAYBTC possibly in wave 4 triangle of wave CPAYBTC seems to be forming a triangle.
A triangle most commonly forms in the wave preceeding the final wave of the pattern.
This could therefore be a wave 4 of wave C in an ABC correction.
If correct, we have one more drop left to the box which will then complete the pattern. From there price may rise again.
Trade with care! :)
TenX PayI hold PAY already but it looks ready to PAY out? get it? ohhh man that was turruble...Anyway lets get PAY'd !! $$ I'm long like my dong on this one, so just looking to pad the TenX wallet with a few more bones. What do you think?
$pay - TenX the sleeping giant is preparing to awaken.PAYBTC is another coin which I have been very bullish on alongside Metal in the payments area of Cryptocurrencies.
I think PAYBTC has been heavily undervalued for the updates and growth they have shown us already. I believe when better branding is done, a step up on the marketing and listing on more exchanges we will see the price EXPLODE even more than it has already. We have been on a downtrend but I honestly think that is coming to an end and that we may see a reversal here. Using a Gann Fan I have created a potential support-resistance on a 12H Scale that we could image movements to follow. Stoch RSI has been showing oversold and looks to be preparing for the rebound as well. I have also placed Fibonacci (cyan lines) to give us an idea of future support and resistance zones if momentum is slowed down. Using a Fibonacci Retracement it seems like we already have oversold on the retracement.
PAYBTC team continues to be active on slack, alongside the community. They have also been up to par on keeping us updated through their blog with Dev Updates and Facebook Livestreams!
PAY/BTC Long possibility?Pay has just reached an important support at about 0.00053. in the gentleness is the course at 0.00079 aborted. These are the preliminary target.
C' mon PAYPrice has already tested many and many times the support at 57k. There is a good chance that tomorrow will be a good day for PAY!
PAYBTC Descending TrianglePAYBTC seems to be stuck in a descending triangle and seems reluctant to move upwards.
Much of this is FA-driven, I believe.
PAY wasn't doing too badly until the BTC/USD bear, and its losses were exacerbated when it was de-listed by at least one cryptocurrency exchange in China.
There aren't many strong supports (if any) below these levels. Once PAY breaks out of this triangle it should move quite quickly upwards given the resistance levels (a few of which I've indicated) but it may require a news catalyst or something of that sort in order to break out of the triangle.
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I'm a beginner to charting and TA. I will add more indicators as I learn them to a satisfactory level and deem appropriate for the chart. Feedback always welcome.
TenX Falling Wedge After Downtrend (Bullish)Right on the 0.78 fib retracement, TenX formed a falling wedge after a strong downtrend, which is an aggressive bullish formation. A breakout could send the first target to 0.618 fib retracement of entire movement, or continue a long-term rising trend.
TenX Buy OppertunityTenX looks a great buy at the moment. The product itself has a great use case and really seems like one of the front runners in bridging the crypto-real world space in terms of payments. Fundamentally the product is solid. Technically, it looks a great buy at the moment. It has currently retraced to the 0.786 fib level after its bull run in early August. The whole way up and down it has really used the Fib levels nicely as support and resistance. The other point that makes me believe that it will bounce from here, is the fact that it is using the same support area from where it bounced to reach an ATH. I think that once we break out from the current descending resistance (red line), this will take off. I'll be looking to take profits at about 0.0011, where its been used as resistance a couple of times before. I'll be setting stops at around 0.000575 just after the massive buy wall
My tenx predictionHey guys. What a night huh? This China ban crap is retarded and I'm kinda sick of all this market manipulation but oh well I guess we have no control over it anyways so might as well make some money from it.
As far as Pay goes. I do love this project and I am card holder...well i should say I am on the waiting list. I see this thing cooking something special here soon. I see this thing dipping a bit more and theb it's gonna start moving. As you can see I have some modest targets and then from there I have a mid term projection thats a bit ridiculous but we know in this market anything can happen. Maybe some news will come out soon you never know.
Happy trading
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TENX Pay some more down before big rise?Looks to me that TENX needs some more time before we can see a first breakout.
Depending on priceaction, it might go much further but for now I would advise to wait.
I will update when its getting interesting.
Possible future for #TeNX My speculation for #TenX #PAY using Elliott Wave and Fibonacci retracement tools.
PAYBTC Julian Hosp is lookin for a lower bottom. Yahh i like this projekt but first we have to look for a lower support level. TENX
PAY at an great price to buyAwesome project, showing oversold and ready to start bull trend. Definitely worth accumulating, its a strong buy & hold. Will DEFINITELY be worth more!!!
