TenX (PAY) is a Time PacMan

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?

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