TELUSDT 📞 on the 4 Hourly UPDATE*NOT FINANCIAL ADVICE: DYOR - This idea IMO for personal use only*
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An update from my last chart dated 26th May:
Have updated chart with:
🔸fibonacci confluence zones,
🔸added 21 EMA, *note we had a few close under this EMA on the daily
🔸added Golden and Death cross indicators
🔸added the ADX / DI indicators.
My strategy is still to buy and hold. I also have some laddered buy orders in place for a lower anticipated dip approx 3rd week June (around 14th - 20), which is indicated with X at $0.02 and $0.015.
Nothing but excellent news all round from TEL this week, in reflection:
TEL V2.3 was launched ✅
Users in Canada can now send digital remittances to 24 mobile currency platforms in 16 countries ✅
Am still extremely bullish on TEL!! Why?
🔹 Already in the top 10 best performing cryptos for 2021 after the crash
🔹 Anticipating further amazing results in the lead-up to the launch of V3
🔹 Increased exposure with recent listings on other exchanges
🔹 Increased publicity and leading the way now the Nebraska Legislature to create crypto & digital asset bank framework is now signed into law.
🔹 Solid roadmap for the rest of this year 2021
At the time of charting this, TEL ranks at #57 on coinmarketcap which is down 4 since my last update.
As always, watch for volume. Do your own research. This is not Financial Advice. Always be watching BTC.
Good chat.🤖
History -
My previous chart 26 May:
My previous chart 25 May:
My previous chart 5 May:
My previous chart 14 April:
Fibconfluencezones
Fib-Confluence Analysis: Two ScenariosBrief analysis
I see a sharp bounce from 9222. This low was just shy of the Gartley PRZ near 8700. It has been approaching a possible reaction zone near 13000 and strong resistance near 14000. Price action there will reveal the future course of action.
We have strong support at 8700. The traders should turn bearish only below 8700 because then there will be a potential for 4900-5000, which is the Bat PRZ. Till then enjoy the up move.
Hope this analysis will help bitcoin traders to develop their plans more efficiently.
Do hit like and comment.
All the best.
Bravo