Long

🈁TCT is in 80d accumulation, parallel channel

TCT has been in few months accumulation. We can expect a breakout attempt soon as the price is about to reach dynamic support(blue) which is also the bottom of macro parallel channel.

Entry: average buy in range 0.4xxx - 0.3xxx

Static targets:

0.041x
0.051x
0.063x
0.081x
0.10x
0.11x
+use channel trendlines for dynamic targets

-----------------------------

About TCT:

TokenClub is a custodial cryptocurrency exchange with the intent to be a one-stop shop offering "market information, investment consultancy and education, live platform, community, asset management, research lab and many other functions".

TokenClub adopts a three-layered set-up that can roughly be divided into (1) external interface and data-structures, (2) internal processing and (3) internal service offerings.

This set-up allows TokenClub to offer aggregate exchange functions, where users are not supposed to register various API's from their chosen exchanges, but only need one TokenClub account. This function further offers "cross-exchange quick token transfer, margin trading and other functions".

TokenClub also has issued an ERC-20 token, TCT, on the Ethereum blockchain.

Source: binance
Chart PatternsParallel ChannelTCTTCTUSDTCTUSDTtctusdtperptokenclubTrend Analysis

Disclaimer