TenX (PAY) is a Time PacMan

in #tenx7 years ago (edited)

The correction for TenX Pay has likely entered the second of the third stage. The blue triangle was followed by a period of sideways movment. Given the fractal nature, the current correction is likely entering the sideways phase as shown by the white line.

The larger degree of trend shows a channel potential between parallel lines. Whether price remains in this channel or not will show how likely the breach of upper blue line might be.

I've added Elliott Waves to the scenario. IF this is only a channel move, it'll likely become an ABC with subsequent direction be towards the lower blue trend line.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?

Follow me on Twitter for Real Time Alerts!!
Follow me on StockTwits for UpDates!!
--
--

Sort:  

Excuse me Mr. @haejin sir. Can I borrow some SBD please? I haven't been able to earn anything in long time and I have some bills coming up.

Thanks in advance

All the circle jerk bots of deplorableness keep voting for you. You're doing just fine.

As Bitcoin goes, do goes the price of the alts. Alts are tied to BTC and BTC is tied to news. Good news, BTC goes up. Bad news, all cryptos plunge.

Hi @haejin,

It seems you got a $14.2514 upvote from @btu at the last minute before the payout. (20.53h) and this comment is to make everyone aware.

Please follow @abusereports for additional reports of potential reward pool abuse. Thank you.

Hi @haejin,

It seems you got a $12.769 upvote from @bcc at the last minute before the payout. (20.53h) and this comment is to make everyone aware.

Please follow @abusereports for additional reports of potential reward pool abuse. Thank you.

Sorry, but I don't think that a chart analysis will get you far with PAY. Everyone is just waiting for TenX to deliver. Especially utility for the token. But I guess we have to wait at least until mid of March.

PAY is dead in the water right now. No working cards, and Julian is running around promoting himself and giving evasive answers to key issues. Wavecrest really screwed them over!

Your totally right! But they will ship cards eventually. And I am convinced, taht as soon as they can give us a date for the new cards the announcement for the token utility is not far. But right now it makes no sense to give the token utility whn in the end you still can not use it.

i was a fan of TenX and other crypto cards until I realised that on top of $4 send/withdrawal fee, shops will still pay VISA fees. I think there are/will be better options such as bitshares whereby no (or at least very low) fees will exist.

That's why I was promoting MCO. They didn't have these Wavecrest issues and MCO is used in the platform and they are getting ready to launch their product.

Don't be ridiculous. Why would you prefer a company taht has never had a working product over a company that already had one? Up until now Monaco has been only blowing hot air. TenX at least only started to blow hot air in December.

TenX rushed and messed things up. I personally liked Julian a lot. But I've been more impressed with MCO: https://steemit.com/cryptocurrency/@vimukthi/monaco-review-fundamental-analysis-why-i-think-it-s-the-best-and-why-bankers-should-be-afraid

Also take a look at: https://asia.money2020.com/agenda

MCO has VISA Program Manager Approval Announced. They planed for the long term and they have a much better jurisdiction and targeted market.

I see a lot of crypto market analysis and love seeing the patterns mapped out. Thank you for making it clear. Take care and have a great day.

Great analysis @haejin love your posts about the crypto market daily.

first thanks for your informative post,,,its also very important for me..so thanks..

Thank you. Will wait as this one not in my portfolio.

Haejin thanks for the TA. Watching it closely. Can you provide TA on 1st Blood? It has corrected severely and Bittrex is delisting.

Thank you @haejin Now I'm confident in tenx and will hodl them for quite awhile with confidence

Great post

I feel a lot of your posts, the post is that

Totally looking forward to release of the commit network and overcoming regulations related to the token.

Hallo my friends
Good post and good luck
Boss i,am have flag.
Please help me @haejin

Excellent post I congratulate you, you have my vote

Hodl PAY for months... Still waiting for the moonshot!

Come on @Haejin. Can't you just do 5 market summary posts a day? Why don't you ask Rancho to support minnows and newcomers? Do you really think what you are doing is going to help Steem remain sustainable? You can make market predictions all day but can you not predict where Steem is heading if you do not repent of this course you have chosen?

I know you take the flags personally but the fact of the matter is this isn't about your person but the larger implications towards the community.

You're not the only one allowing your posts to receive disproportionate rewards compared to others of comparable quality. I understand you bring follows from YT. Why don't you encourage them to find new and struggling authors and vote on them?

When we help motivate production of true value on the blockchain, we all win. Steem should be a co-op where we ALL receive fair rewards for our contributions. Again, not saying you are the only one but you are in a unique position to set an unselfish example.

I am a TenX holder as well. I would have upvoted this had it been in a summary post. Thank you

Do you want other people to tell you who you can vote for and how often you can vote for them? Should @ranchorelaxo not be able to vote for whom he chooses? Why don't you do your thing and let everyone else do theirs?

I spend a lot of time on created. Furthermore, I don't self-vote nor do I use bid bots. I take pride in my work regardless of whether it is recognized or not and believe my voting power is better used on community enrichment. It's okay if you don't think like this but. to understand my mentality, it is crucial

I operate under the principle that I ought to vote on others to increase cooperative value production with a high emphasis on sweat equity which seems to be a long forgotten concept nowadays in the rise of upvote bots and collusion voting / circular voting. I am also an advocate for changes with the system to allow a equal opportunity for authors. I envision a Steem that is a true meritocracy. We're not there yet.

The problem is why work really hard, @danpaulson, when people can just self bid bot their own post to near $20?

You are setting an example for others to follow that's motivated by economized profit over effort. The average user has been conditioned as such. Which is why we have some many issues with low quality, spam, schemes etc. It seems to be getting worse.

You're not wrong to use your stake how you like but that doesn't negate the broader impact hence my advisement. Discerning people look at what you're doing and what Haejin are doing and they are going to be like FTS and go back to FaceBook where they already have a following. What people are doing is increasing the barrier to entry when we ought to be lowering it. People tend to be concerned with short sighted profit.

Don't get me wrong. The system is busted and that's not your fault but you have the ability to do something about it. Instead of dissenting, you can join us and truly make a difference.

A great post about the upvote bots:

https://steemit.com/steem/@trumpman/if-you-use-upvote-services-please-read-these-two-posts

I disagree, but I appreciate your written and thought out post.

Unless the incentives are fixed steemit is doomed.

Why don't you do your thing and let everyone else do theirs?

The nature of this decentralized network is for it to be self-policing.

The poor incentives of this site have lead it to be a oligopoly. The self policing is playing out as oligarchs who abuse the system themselves make rules for others to follow (grumpycat and berniesanders). Often those rules are set up to slow the growth of other users who may soon become oligarchs themselves. Then they bring along some well intentioned people with them as they form posses and go on witch hunts. The people who are being hurt (and their followers) band together and fight back, and we get into a neverending cycle of flag wars.

I hope the eventual EOS social media daps do a better job.

If one man can bring down a platform while also attracting thousands of new members to that platform, that platform is not worth supporting.

thank you for the great work your doing on @steemit , your my roll model , i appreciate the way you do things

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
EOSEOS8.145$-4.6%-18.94%
PAYTenX1.506$-7.88%-28.36%
QAUQuantum0.218$-4.02%-1.51%
WAVESWaves6.941$1.61%-10.31%

Hello Haejin's followers, I know a lot of you are new here and still trying to figure things out. Want to figure out how Haejin got such a high rep? I wrote a post to explain how the reputation score works. It doesn't work quite how you would expect. Feel free to check it out. No need to upvote, just read it so that you know. https://steemit.com/reputation/@moeknows/some-interesting-facts-about-reputation-on-steemit

Congratulations @haejin, this post is the seventh most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 43 and the total pending payments to posts in these categories was $4571.50. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 220.64 SBD, based on the pending payout at the time the data was extracted.

If you do not wish to receive these messages in future, reply with the word "stop".

The charting is OK, but is the Value in this coin. If I want Value I will go ton another coin. EOS, OMG or something with long term potential. This is not something to HODL.