The Defining momentLooking at this chart Tel needs to close above 50 daily MA today. In the next few days this could be a Golden cross or a death cross. Have to see if this can bounce up.
Telcoin
A turn around?
Very nice bounce off 50 MA on the daily chart
Weekly is still struggling to break 50 MA.
Looking for this to really start moving in the next few weeks. A continuation on the daily chart would lead to a large weekly breakout. If this can't break through on the weekly a continuation of this long term down trend will continue.
Finally a break outSo far TEL is above the 50 weekly MA and looking like in the next hour it will have it's first close about the 50 weekly MA
Needs to break above this point
I have indicated on the bottom of this chart a support like that can clearly be seen as acting as support for many weeks.
For this to go up it really needs to break above this resistance at 50MA after that you may see large moves.
Telcoin Price ActionNot really sure where the targets are but I can see that we have been consolidating within a wedge. Volume dropping and price dropping = Bullish for telcoin.
Break out on the 4hrWe where creating a huge ascending triangle, should be a new trend soon and see higher highs.
Telcoin Ready for Liftoff This is not financial advice. I am very new to making charts, but I'm hoping I got this idea right.
$TEL Break Above Kumo; Bullish Div RSI. Stoch Buy Signal.$TEL break above Kumo cloud with increasing volume; Bullish Divergence on RSI now trending up with PA. Stoch RSI moving up out of oversold territory- Buy Signal. Perfect entry would've been the retest of the kumo cloud break-around 450, but I was a little late for that and got in around 500-510. TP1:675 20%+ TP2:1040 100%+ (from current price).
TEL Ready to pump TEL hit the previous support of 7sat , pulled a 270% move last time. let's see this time
My target is 14 sat (2X from here).
