Tenxpay
Ten X Pay Falling WedgeBITTREX:PAYUSD
Ten X Pay Token is inside these beautiful falling wedge, that seems to be very close to finish. Which is bullish.
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When we do break out of these falling wedge, the rise should be fast and furious, and with lots of volume. Not there yet, we could still be inside this pattern for a couple more days, but we are getting close to ending it.
Also, we have seen a positive MACD divergence over the past few weeks, where the price is falling while the MACD indicator is rising.
From an Elliot Wave perspective, Wave 1 rose from a low of $0.50 to almost $7.00, and we are ending Wave 2. If we ended Wave 2 around $1.50, and Wave 3 is 1.618 the distance of Wave 1, Wave 3 should have a price target of around $12.00. Which is about 8 times its current price.
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Good Luck to You
TenX Pay Up?On a mid range scale we clearly see an uptrend which hopefully means a return from its long fall. But this coin is kinda difficult, even with a great product and team behind it, this coin won't really go up. That's why I see two(3) options how this coin can go in the next few days; First: We follow the green uptrend line, in that case it's on to you to decide how high the coin will jump, but I think if it easily passes resistance line at 0.00033 and 0.00034, it can make a big jump forward. Second and due to history most probable, we fall again under the uptrend line in which case the trend would correct itself. The Worst case, it falls under support line at 0.00029 and we will see the coin continue falling.
I would like to hear what you guys think about it!
TenX PAY buyon this graph you can see how already once PAY tested the resistance at 1.95. If you look, you will notice that the stochastic RSI is directed upwards, the MACD has made the cross up, as well as some increase in the trading volume. This indicates a future growth.
buy ------- 2
stop-loss -- 1.85
target 1 ---- 2.28
target 2 ---- 2.82
Wait for the confirmation of the signal to buy
PAYBTC Symmetrical Triangle Support and resistance are narrowing, if this triangle breaks up, we will have a great opportunity to catch the bullish trend.
Buy orders can be set at the BUY ZONE or at the bullish confirmation.
If the triangle breaks down, we have support at 0.00030472 and further down at 0.00027373
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
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.
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!
$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!
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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