PAY/BTC - The sleeping GIANT ! - Big odds for early birds !Let's take a look at the pay token of TenX today.
In my opinion, one of the most undervalued tokens currently on the market, which has tremendous potential and is currently extremely cheap.
Background knowledge:
Due to a license problem from the former partner company Wavecrest, all of TenX's cards have been deactivated and must be replaced. This incident and the currently declining market trend, as well as the not yet redeemed profit sharing of Tokenhalter give some information about the current price development of Pay.
Glad for us!
As other card providers are also affected by the problems with Wavecrest, TenX has a great opportunity to establish itself ahead of other providers in the market. According to the current state, TenX should already receive the new license for their cards in the second quarter of this year.
Other factors that speak for a promising market share and thus for a rising price:
- TenX already has a working product
- It is planned that Tokens will get features and usecases such as e.g. Identification of the customers or participation of the
holders in profits
- Global awareness of the CEO (Dr. Julian Hosp)
I. Entry:
good entry: between 0.00013-0.00015 BTC / PAY
optimal entry: between 0.00010-0.00011 BTC / PAY
II. First Target:
At 0.00023 BTC / PAY
III. Points 1 and 2 in the chart:
(1) 4 EMA signals a sell-signal by crossing the 18 EMA
(2) Is the time when the TenX receives the license and can issue cards and the price is likely to rise sharply
III. Strategy:
long-term hodlers = shopping and waiting for the first target
greedy guys = wait until BTC reaches bottom and then shop
Annotation:
Personally, I prefer to trade PAY on HitBTC(even if I do not like this doubtful Exchange...), because the big spread often makes easy profits per trade
Sources:
twitter.com
blog.tenx.tech
www.tenx.tech
