TenXPAY descending wedge going towards previous lows.So looking at this simple set up we have some trigger points to buy depending on how the price action plays out.
So if the candles hit down and back up inside the wedge and breaks through you can place a buy trigger on the tick up to the break.
A buy range is the area of the blue rectangle.
Set a stop loss accordingly.
PAYBTC trade ideas
Bullish wedge pattern for PAYBTC?------No financial advice just my opinion------
PAY BTC is showing a clear bullish wedge pattern following its recent bull run. Look for a positive break out from this wedge aiming for a target of 20000 satoshi. The likelihood of a positive break out is fuelled by the fact that TenX will reward all PAY token holders on the Ethereum blockchain with a new ERC-20 rewards token called the TenX token on the 30th of december of this year. That will most likely lead to a pump in the coming week as traders will try to get a hold of the PAY coin.
Again, no financial advice, just my opinion.
Happy trading and happy holidays,
PGT2
[PAY/BTC] TENX PAY TOKEN SHARING STRONG [ 25%-400% PROFIT]#PAY / BTC ( Bittrex )
Buy Range : 0.0001-0.000103
Stop Loss : Below 0.000093 ( Day trading )
Target 1 : 0.000132-0.000149 ( Short-term target 4h Chart )
Target 2 : 0.000193
Target 3 : 0.000272
Target 4 : 0.000437
WEEKLY CHART
- Another chance to turn CCI into Green ( Neutral )
- RSI downtrend has been broken and pointing up ( Positive )
- SAR downtrend near to be broken ( Positive )
- Big Green Volume Candle which could suggest downtrend has been finished ( Positive )
DAILY CHART
-RSI is sharing slighlty bullish sharing a solid strenght ( Positive )
-CCI has extended green momment ( Positive )
-MACD indicates confirm good momment ( Positive )
-Candle its being supported by EMA20/MA50 ( Positive )
-Ichimoku Cloud hasn't been broken yet ( Negative )
If we look into Daily Chart, we can observe how this coin seems strong and suggest further positive short-term rise which could reach descending trendline/0.382-0.5 fibs/top of the red cloud. This could means an easy 20-30% profit for short-term if finally it moves.
MA200 continue rejecting every candle which indicates downtrend haven't finished yet. Take care and take profits if happen and stay looking next candlesticks
CONCLUSION
PAY token its sharing itself strong against BTC since end of June where has been tanking swing movements on market.
After has been falling for more than a year , selling pressure has lost its steam suggesting a potential bottoming over end of June.
if we look into short-term charts volume remains weak, but any buy pressure could boost prices quickly.
About fundamentals, This currency has lost a lot of credibility because it has not fulfilled different promises and has not been able to carry out the objectives, that is why its price has received a hard punishment.
However, any positive news could push the price quite fast since price is really low right now
Good luck
TenX Pay Token (PAY) Releases Debit Card (139%+)PAYBTC Has grown by a massive 130%+ in the past two weeks... But why is that?
TenX is releasing their cryptocurrency debit card in Australia I am being told, this is a feature that many people have been looking after.
The charts are also looking really good.
There is an upcoming event end of month, this too can mean positive for the price of this altcoin.
TenX (PAY) - 30 December 2018 (New TenX Token)
"We are issuing a new ERC-20 rewards token called the TenX token to eligible members of the TenX community."
We have an active trade since September 2018. (Updated 20th October for private).
You can find it here:
Additional bullish action can be expected.
Thanks a lot for reading.
Namaste.
$PAY, Time Flies By…
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bulls but temporarily heading towards the downside.
Daily
Shifting over to our pattern timeframe we see PAY has found support at 9800, stochastic rsi showing momentum is starting to shift towards the upside. A daily close above 10350 activates our trade, however if rejected at this level expect our sell off o continue towards 8000.
PAYMany positive indicators
The price moves above the indices
MV 14
MV 28
MV 50
There is a bullish line below prices moving above it and committed not to drop so far
In order to confirm the bullish path, the price must penetrate the resistance zone between
0.00011199 BTC and 0.00011950 BTC with the breach of the upper descending line
Buy from now is good with Stop Loss and Stop at 0.00008795 BTC
In anticipation of the BTC movements
Sell at Fibonacci levels
TENX: FIRST TENX CARDS SHIPPED? - PROFIT = 37.53% !!!Our " Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 17th of August 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 37.53% PROFIT!!!
The increase in price may also be explained by positive developments including:
(May 16: Bitthumb announces listing of TenX.
May 16: TenX announces updates to Android and IOS wallets.
June 1: TenX announces it is now part of the European Union’s Blockchain Observatory & Forum.
June 27: TenX announces their first atomic swap on the Bitcoin 3.26% and Ethereum 1.42% network.
June 30: TENX announces that it holds a valid BIN (Bank Identification Number) from the major card schemes.
July 17: Massive price surge on Bitthumb as prices increase to 10x above the market average. Analysis reveals that trading volumes on Bittumb are reat than the market cap of TenX.
September 4: TenX announces that the first TenX cards are being shipped hto internal team members in Singapore.
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading used in this analysis is included as part of the Crypto Trade Signals subscription.***
[PAYBTC] TenX Pay Card Release [300%-1660%+ PP]*Buy in: 0.0000932 - 0.0000999
Targets for our PAYBTC trade:
(1) 0.000117
(2) 0.000140
(3) 0.000156
(4) 0.000170
(5) 0.000205
(6) 0.000240
MID
(1) 0.000334
(2) 0.000400
(3) 0.000503
LONG
(1) 0.000800
(2) 0.001002
(3) 0.001250
(4) 0.001701
Tips:
This is a long term trade. Not all targets are meant to be reached. They are used for reference for selling for profits.
Simply aim for profits. You can start selling as soon as you hit 10%, 20%, 30%, profits, etc.
When in doubt, don't trade. Hold, wait, go out and breath deeply... Take your time, always calmed and relax... patience is key. Once you are sure, check the buy in.
Use a stop loss when you are trading in a "choppy" market. If the trade goes bad, you get out with a 5-15% loss. Since you are diversifying (which is a must), using 5-10% of your capital per trade, your loss will be small, if this one doesn't go as planned, same with the other trades.
As soon as we start to hit our targets, which is already happening for our other trades, raise your stop loss to buy in price. This will ensure 100% profits only after we move, as you would be kicked out of the trade above buy in if the price starts to go down again.
Stop loss: Close below 0.000075 on the weekly candle / time frame.
HOW TO ENJOY NOT ONLY THE GOOD TIMES, BUT THE BAD TIMES AS WELL
We look for joy and happiness in life through the pursuit of success, wealth and money.
The problem with this approach, is that you won't be feeling good whenever you haven't met your goals.
Now, how can I enjoy not only the good times, but the bad times as well?
It can be easy but it takes a conscious effort on your end.
We are happy and appreciate when things happen the way we want them to happen, but we tend to suffer when they don't. The trick to enjoying all of the moments, experiences in this life, is to take out the beautiful things, the lessons, even from the experiences that we consider wrong.
Your work is doing great, we go out and celebrate.
The car just broke down, more time to meditate.
My house is always clean, I am proud that's so good.
Today we have no sales, but on the table we have food.
Regardless of the situation, I will learn from it, accept it, appreciate it and use it for my own good.
Namaste.
Price projection 70% gain: Fractal Dates updatedWell it seems we are heading into higher lows and higher highs now.
Stop loss is set around @750ish
Target is set for 70+%
We have a lot of resistances here for Pay so be mindful of July spring.
We are still going to hit our destiny point eventually, maybe in November 6th
New fractal dates are Aug 27 and Nov 6th
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation.
Thank you,
Ajion
Possible bullish descending triangle While descending triangles are commonly thought as bearish, it can also break upwards. According to the pattern site, " Look for triangles with upward breakouts near the start of an uptrend".
Pros:
- Based on the HTF context, PAY has been on a sustained downtrend for quite sometime so upward breakout of descending triangle (i.e. as a reversal instead of continuation pattern) is possible.
- Now it's resting on a higher low support.
- Also 1H and 4H bullish divergence on the macd
- Risk:reward seems good.
Cons:
- descending triangles break down 64% of the time.
PAY TENX BULLISH MOMENTUM CONTINUATION What do we have with this asset?
Great project for long term, great team.
Even with the lasts dumps of BTC, this asset recorded a 50% gain, showing that the selling force is tired.
Double Bottom on daily chart.
Fibonnaci perfectly retraced to 0.786 level, Wave 1 and 2 is complete.
If we do not have strong dumps with BTC, we are heading for impulsive wave 3.
THE MOST IMPORTANT THING IN BEAR MARKETS IS STOP LOSSES
TenX Pay Token (Pay) – one of few with a growth todayHi Guys!
Today we encountered bloodbath – ehh these emotions. People tend to make up their minds relaying on emotions. They tend to follow the crowd too. This is a suicide strategy.
Remember – BUY low SELL high no matter, which interval you choose.
Use indicators properly to a situation and interval applied.
The most important – don’t panic and stay patient.
Pay token is currently one of few ones which actually grow.
It seems to be rather short-term as the markets’ moods are lousy.
So our question is whether we can earn some money today?
We observed the Elliot Wave Pattern (1-5). There is 5th leg missing so we can expect to notice it within upcoming hours.
Here is our applied strategy.
We use EMA 21 and WMA 21 (weighted moving average) .
Once EMA 21 crosses WMA21 up this is a signal to enter the position.
We also applied Ichimoku Cloud observing, as usual, when the chart crosses TenkanSen.
This is the extra indicator which works well. This is for double checking.
Let’s wait till we break the height from the previous bar which is at 0.00009806.
We also have to be aware of volume. We need a bigger green candle – definitely.
We also have to wait for bull’s cross on Stoch RSI.
This is nothing sophisticated but sometimes the best we can do is to keep it simple.
So Traders. Will we earn some money today? At least tiny %?
What are your opinions?
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HUGE Hugs!
WBM Team