$TEL Update (Bullish Pennant)NYSE:TEL key support at $0.002496 in effect, very poor 4H close following CRYPTOCAP:BTC here, Bearish daily close, bullish pennant forming here range narrowing down, but this will become ineffective if CRYPTOCAP:BTC slips, let's see if plays out, $0.002951 test will be likely if played out.
Telcoin
TELUSDT Strong buy opportunity on this Golden CrossThe Telcoin (TELUSDT) is extending its magnificent run since the October 20 bottom with a new Higher High this week near 0.0033. The 1D MA50 (blue trend-line) also completed a full cross above the 1D MA200 (orange trend-line), forming the technically bullish Golden Cross pattern on the 1D time-frame for the first time since January 14 2021.
That was the beginning of a parabolic 5-month rally of +44600% that stopped with the 0.065 All Time High of May 11 2021. This time though, it looks as if the new rise is mirroring the fall since the All Time High itself. For a clearer illustration, we've plotted that on the price action since the August 13 high displayed by the green trend-line.
Assuming it continues, the rise appears to hit the May 11 2021 Lower Highs trend-line before making the first meaningful pull-back. For short-term traders of course, the target and first Resistance on the way up is the 1W MA50 (red trend-line), which has been keeping TEL below it since November 28 2021.
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TELCOIN TO £0.44p BEFORE 2027 POSSIBLE!- In the previous Bullrun 20-21 TELCOIN did a 55,000%
- When it reaches the 55 - that is a 34,000% move!
- £500 INVESTED TODAY gets you around: 350,385 coins X £0.44 = £154,169!
- Put that £154,169 into a property or use it to start a service-based business or just take legit forex signals and make 10% gains each month that's £15,416 monthly income - that is around £184,992 a year!
- NOT FINANCIAL ADVICE - PLEASE DO YOUR OWN RESEARCH - ONLY INVEST WHAT YOU'RE WILLING TO LOSE!
Telcoin Long Term IdeasBelieve $tel still has a lot more downside.
Seems it is sticking to the descending channel with little relief in the process.
It would be interesting to know if there are any NEW projects that are similar to Tel and could replace the coin in the next run, or even produce a similar run.
I feel law of diminishing returns could cap the potential of this coin, considering it done so well previously.
Telcoin Telcoin still hasn't fully come into it's accumulation zone. This is a level were we will look to spend some time accumulating at this level. As we can see on the chart, price has been making lower lows and highs. What we need to see is consolidation or accumulation. This will suggest value and equal exchange of that value at the defined price level. We have found some equlibrium currently, but with the state of the markets, don't become too comfotable. We aren't out of the woods yet.
$Tel more downside aheadThere's a bearish pennant pattern showing up that already formed, forgot to publish this.
For tel enthusiasts, your opportunity to scoop up cheap Tel is coming.
potential downside target 0.0003 - 0.0004. This area has strong support. I don't see it going much lower than this
i actually think it bounces of this target area.
Telcoin (TEL) formed big Gartley for biggest pump of its historyHi dear friends, hope you are well and welcome to the new update on Telcoin (TEL) token.
Previously we had a nice trade of TEL:
Now on a monthly time frame, TEL has formed a big bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Tel coin For tel to be holding at .02 is very strong suepport considering at its peak it only went to .06 cents .2 cents is pretty good. I should have sold at .06 cents I was up tremendously but if you have rode any coin out this long as I have diamond hands without selling you would be a fool to sell now cause when you do the bull run will pump we can’t go any lower
the 2nd wave could be deeperbutterfly harmonic pattern:
X=$0.0467
A=$0.000032
AB=0.78 XA
BC=0.88 AB
0.38 BC=$0.00044
0.61 BC=$0.00144
0.61 XA=$0.00292
0.78 BC=$0.00337
0.88 BC=$0.00560
0.78 XA=$0.00988
0.88 XA=$0.02
1.13 XA=$0.12
1.6 BC=$0.227
1.27 XA=$0.336
1.41 XA=$0.916
2 BC=$1.57
1.6 XA=$4.14
2.24 BC=$5.3
$Tel 👀 breaching a MAJOR support area??As you can see on the daily chart one of my favorite altcoins $Tel is on the brink
of breaking a significant support area that we've established for pretty much a year.
If bitcoin does what I think it will, telcoin could easily slice through the reaming
support areas and we could reach the bottom of 0.00016803. You pretty much can tell
on the chart itself that there's really not much support after that once resistance area
that we flipped into support. 2022 Is going to be a teaching to a lot of people, of why
it is imperative to lock in your profits when we rally, and stop listening to some of
these influencers that constantly imply that we are going to moon forever. When in actuality their gonna
just use you as exit liquidity. This is a great opportunity to stack those bags for those who've listened
and have locked in profits, for those who haven't it's going to suck. Anyways, may peace be the journey, remember don't FOMO and always take profits!
🆓Telcoin (TEL) Dec-8 #TEL $TEL
.
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.01$ zone
🔴Buy : 0.011 - 0.01
🔴Sell : 0.014 - 0.018 - 0.022
📈BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.01$ zone
🔵Sell : 0.01
🔵Buy : 0.008
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section