TenX (Bittrex: PAYBTC) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, PAY began a wave one advance on January 30. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 15, and the red wave two (blue sub-waves a-b-c) correction ended on March 26. If this wave count is correct, PAY should be heading next towards the February 15 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
TenX is a payments platform that aims to enable users to use cryptocurrency for daily transactions. They are currently offering TenX Visa Card for free.
(Sources: https://tenx.tech/)
How Will TenX Trade?
TenX (Bittrex: PAYBTC) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
PAY will takeout the February peak
PAY will drop below the January low
PAY will stay in a trading range between the January low and the February peak until May 27
Posted via Steemleo
