JustChartThings

#PAYBTC #cryptocurrency right at support for a swing entry

Long
BITTREX:PAYBTC   TenX Pay Token / Bitcoin
as shown. Risk:Reward nearly 1:3 for the near-term swing play but much greater for a longer-term hold. They had run into some fundamental issues over the past 6 months if I remember correctly and likely the reason for the general weakness here. Many of these tokens trying to bring cryptos to card-based payment mechanisms - eventually, some of them will succeed in grabbing increasing market share and will be an important step for making crypto transactions as commonplace as credit cards. I haven't done any deep dive with respect to the difference between the tokens, but this post is simply the obvious R/R levels here for a swing.
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