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TenX Pay Token / Bitcoin

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PAYBTC trade ideas

BTC-PAY Incoming ReversalPAY is looking for it's next big reversal, and it's going to find it sooner than later. A bounce off of .00095-.001 support is the most probably case, with the chance of breaking through support and falling to .00078. As you can see, PAY is consolidating and forming a bullish pennant, similar to NEO earlier today. I'd advise a buy in price of maximum .00102, and selling price of .0013 for a quick trade and .0016 for a more risky trade. Set a stop loss to .0009, or simply hold until the next support line at .00078. Good luck!
Long
by Logicmn
2
TENX - PAY bullish signalsSo PAY is a really interesting crypto which aims to remove the barrier between crypto holders and fiat businesses. They do this through ATM cards (real and virtual) which can function as a regular debit card using the major cryptocurrencies (BTC, DASH, LTC, ETH and more). By holding PAY, you earn a percentage of the transactions as well, which is paid out in PAY. Vitalic is apparently one of their primary investors, not an advisor, so that says a lot. On this chart, we are seeing a few bullish signals which could mark uptrend on the way after major correction. 1. Bullish divergence on the RSI vs price 2. EMA 9, 30 are now providing support for price. EMA 50 is very close as well and awaiting crossover 3. MACD has crossed over signal line and is heading into positive territory If you are conservative, then I would wait for the crossovers and positive MACD for more confirmation. I tend not to as that can cut profits by a good margin, but these signals are far from clear cut at this stage. Fake outs occur all the time. Good luck.
Long
by dctobkk
PAY Pennants patternAs requested here is my re-evaluation of PAY. for 30m it looks like we have a nice pennats pattern with the first candle close to breaking top of resistance. The 1D RSI still looks strong wich make me think we still have one more push. If we break up from the pennant we will have another resistance level around 1600. So that will be my first sell target, Once at 1600 and if RSI still looks strong i think we can go past 1900 and find some resistance at 2000. Breaking down from the pennant and we most likely go down to lower support around 1000. If we bounce on the 1000 - 1100 that will be my BUY signal. Invest at own risk :)
by Bjurhager
TenX PAYBTC price projections. Levels.It is definitely harder to predict price patterns on these brand new coins, but Ima give it a try. Here we see Fib from low to high. You'll also see some trendlines that have started to form and support levels I've drawn. So, let's make heads and tails of this. Fib. is self-explanatory. I've drawn it from around the low to around the high of this coin. First major resistance comes in at .001. So, that will be our TARGET. You can see that the current trend is upwards. I've drawn in these trendline both on the price chart and the RSI chart. Support levels are: .00059 (this will be our stop out), .00053, and down from there .00036. Resistance levels are: .00072 and .00079. We are currently fighting both. We are also forming an ascending triangle pattern against both (a good sign). However, we are also at the top of our Bollinger Band and nearing overbought conditions on the RSI. This is our caution to put in your stops. In conclusion, the charts favor an upward move but they are also admonishing us to be careful. My TARGET for this trade is .001. Happy trading all!
Long
by stewdamus
5