🆓Telcoin (TEL) Dec-8 #TEL $TEL
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📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.01$ 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
Telcoin
TEL me moreTELCOIN had a crazy ride this year and long-term hodlers got rewarded with 8000% and more ... still TEL has huge potential imo. It is not listed on too many exchanges and a listing could do the trick!
As we can see the uptrend (orange line) is broken, but we are still in the HUGE Triangle (white lines)!
What I can imagine, is that we retest the long-term support, bounce back and range in this zone till the end of the triangle - the blue line shows the possible (positive) outcome. IF we break below the support, I would recommend to wait on the sideline. As we are in a bull market for now, I still think that TEL has a good chance to show a great "comeback". Fingers crossed!
Sloppy drawing as always ... but easy to understand - this is what I try to provide!
Good luck!
V
TELs passage to .50V2 released took TEL 25 days to make the move, TEL moved +70% with this news
The trend is identical, retest of pennant and consolidation until next move about 3-4 weeks
TEL will makes its move within the next 18 days, I am expecting a move to .08-.10 during first week of Decemeber.
V3.1 + V3.2 catalyst could start this rocket faster.
Price Target remains the same
doing this for myself to see how accurate I will be
TEL 6 Month Downtrend BreakoutTEL has finally broken out of its 6 month long descending triangle, and successfully held it as support. With the new release of v3 I think we see some big increases in volume over the next few weeks and begin our run to $0.10. Target price is $0.25 around end of January '22.
TEL butterfly pattern#TELUSDT
$TEL broke out from long term descending resistance line and stayed above support zone, also hold the long term ascending support line.
if price hold the current support, for completing the butterfly pattern it can touch $0.035 and $0.0375.
it is possible to head down to the long term support line, and if break it down nearest support is around $0.0135 and then $0.0097.
$TEL : SHORT-MID TERM TARGETS (1-4H)Telcoin possibly approaching a decisive movement!
Green bullish outlook: Push out of descending channel, successful retest off upper descending channel line, push past $0.02 then retest to confirm price breakout at the support zone (purple box), followed by a strong push to $0.03 (green dotted line)
Yellow corrective outlook: Falling out of the support zone retesting at the $0.15 mark, then returning to and/or the lower ascending trend line
Red bearish outlook: Failing the lower ascending trend line, with a bounce off the 21st July red wick (red dotted line)
NOT FINANCIAL ADVICE, DO YOUR OWN RESEARCH, EDUCATIONAL PURPOSES ONLY