TenX Pay Token does look very strong, especially after it has started producing higher highs and higher lows. Prior to that price formed a double bottom a $1.35 support and while moving higher, rejected the uptrend trendline and broke above the 200 Moving Average.
Fibonacci applied to the corrective wave down where the trendline and the moving average were rejected, shows the potential upside targets. The key resistance is at $13.25 where two Fibs are inline. First is 527.2% and second is 227.2% retracement level applied to the corrective wave of the previous all-time high.
Currently, the trend is very bullish and only break below the $1.35 support could invalidate this outlook.
Fibonacci applied to the corrective wave down where the trendline and the moving average were rejected, shows the potential upside targets. The key resistance is at $13.25 where two Fibs are inline. First is 527.2% and second is 227.2% retracement level applied to the corrective wave of the previous all-time high.
Currently, the trend is very bullish and only break below the $1.35 support could invalidate this outlook.
Commentaire:
Tenxpay back to the support where the trendline as rejected, price is very attractive
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