Here's what I'm looking at on TenX's daily chart:
1) Massive falling wedge near completion
2) Repeating fractal whose next move would be up
3) Price is on support - Look at what happens when the price has hit support
4) Near bullish crossover on the daily MACD with a distinct flat bottom reversal pattern that occurred in the previous fractal
Keep this on your...
UCTS Buy signal on the 1D/2D
RSI / MACD / Volume rising...
Crossing above EMA100 on the 2D could act as trigger for the trade...
Entering now is also valid, with a SL on the lower trendline of the triangle...
Looking at TenX's daily chart, we can see the price action has bounced off support. The MACD is coming around as well. PAY has the ability to move quickly. My initial target is the upper resistance boundary at ~.0001sat.
PAYBTC Has grown by a massive 130%+ in the past two weeks... But why is that?
TenX is releasing their cryptocurrency debit card in Australia I am being told, this is a feature that many people have been looking after.
The charts are also looking really good.
There is an upcoming event end of month, this too can mean positive for the price of this altcoin.
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum in favor of bulls but temporarily heading towards the downside.
Shifting over to our pattern timeframe we see PAY has found support at 9800, stochastic rsi...
Many positive indicators
The price moves above the indices
There is a bullish line below prices moving above it and committed not to drop so far
In order to confirm the bullish path, the price must penetrate the resistance zone between
0.00011199 BTC and 0.00011950 BTC with the breach of the upper descending line
Buy from now is good with Stop...
Buy in: 0.0000932 - 0.0000999
Targets for our PAYBTC trade:
This is a long term trade. Not all targets are meant to be reached. They are used for reference for selling for...
Well it seems we are heading into higher lows and higher highs now.
Stop loss is set around @750ish
Target is set for 70+%
We have a lot of resistances here for Pay so be mindful of July spring.
We are still going to hit our destiny point eventually, maybe in November 6th
New fractal dates are Aug 27 and Nov 6th
Good luck everyone ;)
This is an absolutely insane setup on the 2-Day chart. Absolutely beautiful. Whether or not the fundamentals are still behind this coin is to be seen... but that setup... wow.
Take profit along the way.
Stop Loss at .00008375