Hi guys!
Today I would like to share with you my Technical Analisys and Road Map of TenX PAY coin.
That coin has:
- Multi- blockchain cards
- TenX wallet
- Connecting blockchains to the real world
- Interchain a network of Blockchains
For more informations visit Tenx Pay website.
Road Map
Time to start with technical analisys!
Let's go!
First have look on weekly charts.
We can see here couple things:
- Horizontal white lines are suport and resistance lines.
- Red line it's a down trend line as you can see that trend has finished on 04.12.2017.
- Green line it's a up trend line which start on 11.12.2017.
- Yellow line it's just helping us to see easier charts formation which I will show on next photo.
Indicators:
- RSI and MACD can not tell us anything on this time frame. Stoch RSI is almost crosing from the bottom which is good.
Time to see daily charts.
This time frame showing us:
- In my opinion We can see here Decending Triangle. As We see price couple times bounced from the white horizontal support line and from the yellow down trend line. We had small breakout from the bottom but price quickly bounced up and break the yellow line. This move should be beginning of price grow.
Indicators:
- In the red bouble on MACD indicator We can see blue line crossing orange one from the bottom which saying us about trend changing.
Summary
TenX PAY in my opinion is in the right place, this coin starting new cycle so We can expect huge price grow. Cross fingers BTC will be stable! What do you think about this coin? Thanks for dedicate your time to read this post. I encourage to comment bellow the post, feel free to share guys. This is big pleasure to share my thought's with all of stemians!
It's not a financial advise. Do your own research!
Thanks for the TA. I’ve not heard of Tenx, but I’m heading over to read their white paper now.
You are welcome, this coin looks proimissing in my opinion. Keep eye on this coin. :) Regards!