Black Friday saleUp to 70% OFF

Tenxbtc

Collapse or Breakout?: TenX Pay ConsolidationTenX Pay Token has managed to stay above the max consolidation range in the 4HR data, although the level was breached. Currently it’s a coin toss with two possible tracks for this instrument. A breakout of the channel will stimulate price growth, but trading below the consolidation line will trigger selling. We are in a downtrend channel, so trades would be countercyclical until we see a puncture of the descending channel. This is the game plan on the 1HR: Cheers and GLWT. -Erik
by Trader6127
14
$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.
Long
by BEARYBULLY
5
TENX UPSIDE POTENTIAL OF 50% ?!Tenx has been taking a battering from the market over the past few weeks, however, it finally made a small recovery and experienced some growth with an upside of approximately 40% in just a short amount of time. It now seems to be consolidating at its current price without having a major correction from the recent increase, the value is now fluctuating between the support and resistance shown on the graph. We can expect to see further growth in Tenx if these resistance lines are broken, follow the graph and trade accordingly. Orange - Resistance. Purple - Support.
PLong
by thomasfar6
3
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!
Long
by S_maansson
1
$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!
Long
by mumbojam
TenX(PAY) positioned for a good bullish entryTenX(PAY) has been massively sold down. It has retraced all of its rally from August 10th, and about 85% of it's total August rally. This was compounded by the panic caused by Bitcoin's recent correction. As long as the correction in BTC is over, it looks likely that TenX will continue to rebound. There are very bullish candle patterns and price/momentum divergence on the H4 and D1 charts. VWMA's are showing a solid uptrend on H1 - D1 charts. I'm looking for an entry around 0.00071 BTC - 0.00068 BTC depending on the price action on the lower time frames. First goal is around 0.0009 BTC, and second goal is near 0.001 BTC if the trend holds up.
Long
by HughGRection
2
Comparison between MONACO & TenXHere we clearly see how Monaco & TenX start pretty similiar. Sadly, there are many people waiting for their Cards and development procrastinates, while Monaco delivered a working product to the customers. TenX stays in the beginning trust zone, which Monaco long breaked through thanks to a fully working product. They are DELIVERING! However, both will innovate in the future, and i´ll keep an eye on the battle of these two. Theres always profits to be made in battles like this.
MLong
by CRYPT0NAIRE
14
$pay TenX - Neutral Position, Potential 3rd WaveOn a 1 Day Timescale, I think we could potentially see a formation of a possible 3rd Elliot Wave. We see some Elliot Wave rules being followed for the first 2 waves, we have a strong support at 0.00078000 Satoshi. The downward movements have also seemed to be running out of fuel, we need to see a strong increase in volume compared to the previous first wave movement. We have seen some small retracement between the 0.00076000-0.00085000 Satoshi Retracement. With incoming news of updates and app release to PAYBTC Platform, I believe we will see a renewed focus & attention as seen before. I would advise to not long or short, but keep an eye on PAYBTC for the Moment. Looking at Ichimoku we can see a potential Kumo-Twist so we would want to pay.
by mumbojam
5