TenX PAYBTC price projections. Levels.

BITTREX:PAYBTC   TenX Pay Token / Bitcoin
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!

Trade closed: target reached: Target reached. We have now hit %23.6 on Fib and are in overbought territory on the RSI. Your safe bet would be to sell here and reposition at a better entry.

Hope you all had fun. If you followed this trade, you will have nearly doubled your money in less than two days! Amazing!

Stay tuned for more trades like this in the near future.
It looooooooks very nice: 0.0025 at sep 19 2017, but the price is 0.00051023 today.
Dude. You are a god. You're just in a horrible timezone for me so I miss all of these :(
If it reaches 100,000, then does it fall down?
@feelzzang2, when it reaches .001 yes. Probability suggest it will dip from there before going back up. However, it is often hard to tell with these newer coins as hype drives the market and there is not a lot of sanity to the prices. Almost there now! Doubled profits in one day. Crazy!
feelzzang2 phil.steuerwald
@phil.steuerwald, thank you so much you are so kind^_^
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