TradingView India. View live TenX Pay Token / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. BTC Bitcoin is a payment system invented by Satoshi Nakamoto. He published the invention in and released it as open-source software in The system is peer-to-peer; users can transact directly without any middleman. Looking at the daily chart for PAY/BTC, we can see a massive falling wedge coming to completion. Using the wedge height to determine the target price, you can see we have a massive target ahead of us. Remember that this is a long-term target that I imagine will take us into next year, so do not expect us to hit this overnight.
Btc pay tradingviewBTCUSD — Bitcoin Chart and Price — TradingView
The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle.
Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous The weekly BTC consolidation continues to deplete market participants. During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are Looking like alts could be testing ATH sometime soon.
Left Picture is money coming into alts and right is BTC. Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot. This is despite whatever excuse for why that cannot happen now. This is This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Weekly Chart Analysis - Taking a look Hello, dear subscribers! It is broadly known, that the Ripple has very negative fundamental analysis according to the last news. The price immediately reacted with a huge dump. On the right chart we can see two global support lines.
The price have already broken down the support 1 level but It does appear that BTC might be forming a Bull Flag, with that said it could also just be a neutral wedge. This is not financial advice.
Trading suggestion:. SL below falling wedge support Target slightly less than height of pattern blue arrows where it meets heavy resistance. Long, long Looking at PAYBTC's 4-hour chart, the price action has been in a falling wedge technical pattern for over a year and it is nearing completion.
The price has formed a nice rounded bottom and broke above two resistance lines. Huge divergence can be seen on the MACD. If we break this pink overhead resistance trend, I think we're off to the races and could be in line PAY is holding bottom trend line.
Target PAY - when u will awake? 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 Crossing above EMA 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 Videos only.