TOMOBTC Support and Resistance Set-up After Triangle BrokeHey all, here’s another entry on my tradingview series called 'Quick Updates'.
After the triangle broke on the left, I expected a stronger downturn. However, the price stayed relatively stable and is now oscillating between support and resistance looking for a new direction. During these moments of oscillation, we can get a few good trades in. On the chart you can find my suggestion.
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I have started a new tag (quickupdates) where I quickly share great opportunities based on TA for shorter timeframes, such as 4h, 1h, and 15m. It will contain a brief explanation with clear and clean charts in order to keep the velocity up and make sure you get to see the opportunities as fast as possible.
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Disclaimer!
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TOMOBTC
TOMO/USDT HIGH BULLISH SIGN 24hValley & resistance test for now, the price going to explode any second.
The candle 15 mnt opened less then red candle.
Good luck
Happy earning easy money
$TOMO Possible Inverse Head and Shoulders Pattern FormingPossible Inverse Head and Shoulders pattern forming for $TOMO over the next few weeks and months. Let's see how it plays out #TomoChain
TOMO/BTC (Bounce play: up to 30% profit)TOMO/BTC
TOMO is painting a bullish divergence on the RSI and the price has reached the bottom trading last Sep-Dec 2019.
This is a good buying zone for accumulation if you are looking for potential mid-term trade setups.
If TOMO will hold this level, we could expect a 30% bounce from this area and stop-loss is below 3280 sats.
TOMO already 4% up since entry. Beautiful upwards channel. TOMO already 4% up since entry. Beautiful upwards channel. Tomo is showing strength and eyeing further heights.
Even with the BTC spike it is still staying strong. Will increase position on pullbacks. TP is another 10% up ( at least).
TOMO ANALYSIS (UPTREND HOLD IS CRITICAL)TOMO ANALYSIS:
TOMO is currently retracing back down to 50 & 100MA crossover. The 50MA has broken below the 100MA, but this tends to not be a major worry as the trend and 100MA are holding up for the time being. Given this spot holds, look for re-attempt to break up at T1 of 5990 sats, T2 at 6490 sats, and lastly the final target (if break out of highs is granted) 3 at 7460 sats. This analysis is positioned and made to play out only if the yellow entry box holds. Currently, TOMO is sitting on a strong daily red wick. It is recommended we wit until this closes and can confirm a daily upward wick. That said, a close above 5500 sats is a good sign. Look to enter and take profit accordingly!
Possible Entries: 5500-5550 sats
#TomoChain Preparing to Take Off !#TOMO/BTC ( Mid Term )
A currency #TOMO has seen a strong rally in previous months. We expect another upcoming hike in the medium term, and we notice that in the last weeks, the price formed three bullish lows and two TOP at the same level. A bullish pattern that will help change the price trend up
Do not hurry to buy, the price may go down to good places
Do not risk a large amount of your money
Please share your opinion in the comments box and do not forget to press the like button
TOMOBTC SIMPLECHART LONG TRADE.My first singal i give on my newbuild system.
Low risk trade with big potential to the upside.
PT1 Green dotted line.
PT2 Green dotted line.
Exit = If a candle close under entry zone.
Entry = Enter in the purple "entry" zone as shown in the chart.
Simple chart, im here to make you satoshis.
Happy trading.
