CHART ART: TenX Bottoms and Starts to Rip

in cryptocurrency •  7 years ago 


Coin Telegraph

GOOD EVENING STEEMIT!

Remember the last Altcoin in focus that we were talking about, TenX?

Well we’ve got some action! Go Mofo, go!!

Click that link and you’ll see I was most concerned about the technicals with what looked like a pretty ugly looking descending channel pattern that was also intersecting with some weird wedge type thing.

I did however ask this:

“So long as it's above that swing high resistance level that's acting as support, is this my reference level?”

A level that has indeed held and acted as a pretty juicy higher time frame support level:

PAY/BTC Hourly

With a higher time frame support level holding and some obvious buying momentum starting to pick up today, it’s time to zoom into the intraday charts and look for some short term resistance turned support to get long off of:

PAY/BTC 15 Minute

Bingo!

Whether you’re a day trader or looking for a value price to accumulate a coin you believe in the fundamentals of, this is the type of area and price action that you want to look for.

Enjoy your Tuesday. I sure am going to after getting this juicy price!

Peace.



Related @forexbrokr CHART ART Blogs

If chart setups that I've spoken about before are related out then I'll leave them here.

CHART ART: Thursday Altcoin in Focus: TenX - PAY/BTC



Please leave a comment with your ideas or just share a chart.

Blogging about markets is all about sharing ideas and making us see all possible angles. I look forward to having you follow along and reading what you throw at me.

Twitter: @forexbrokr
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Website: www.forexbrokr.com

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7 years ago by

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    • [-]
      ·  7 years ago 

    GOOD EVENING STEEMIT!
    Good luck!

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    4 votes
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      ·  7 years ago 

    Haha, you like my little greetings? :P

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        ·  7 years ago 

      Definitely worth an upvote and a resteem :]

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        [-]
          ·  7 years ago 

        Tkz lad.

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            ·  7 years ago 

          Hey ! Nice post ! Followed upvoted and resteemed. Checkout my last post and give me an upvote please! Or if you really like my post give me a resteem, it'll be very appreciated. Cheers!
          https://steemit.com/art/@leminhead/chucky-s-bride-pencil-drawing--realism

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              ·  7 years ago 

            Tkz boss.

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                ·  7 years ago 

              Thanks for your efforts

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                  ·  7 years ago 

                I do what I can.

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                    ·  7 years ago 

                  nice post

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                      ·  7 years ago 

                    Cheers.

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                        ·  7 years ago 

                      Hi, Thanks for the post! I have been reading about TenX and have been crazily confused about the entry levels! Its currently being traded at 4.30USD - What do you suggest to be a good entry level in USD - can you plz suggest! Thanks a lot! Really really appreciate it! :)

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