TenX PAY Starting a New Market Cycle
Looks like TenX has finally broke out of its descending wedge. Seems to be starting a new market cycle.
Right now it's quite overbought after breaking out, and MACD is turning around slightly. Buying the dip between 57000-55000 satoshis sounds about right. We have support at 57000, and price might want to dip a ever so slightly below that to touch the Kijun.
1st Target is the top of the ichimoku cloud. Edge to Edge in cloud is important.
2nd Target is 107443. Strong resistance here.
3rd Target is ATH of 156777. Most likely if we break the 2nd target it will make a new all time high however.
Let me know what you think.
Right now it's quite overbought after breaking out, and MACD is turning around slightly. Buying the dip between 57000-55000 satoshis sounds about right. We have support at 57000, and price might want to dip a ever so slightly below that to touch the Kijun.
1st Target is the top of the ichimoku cloud. Edge to Edge in cloud is important.
2nd Target is 107443. Strong resistance here.
3rd Target is ATH of 156777. Most likely if we break the 2nd target it will make a new all time high however.
Let me know what you think.
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