TOMO/USDT Resumes Bullish MomentumBINANCE:TOMOUSDT
TOMO/USDT: Massive price decline to support level 0.9347 after testing 1.66, followed by a resumption of upside momentum.
A bullish breakout above resistance level 1.377, creating a new higher high or confirming the higher low pattern, would be required to validate this price action. At this point, a long entry could be considered.
The 4-hour timeframe shows that the price is creating higher highs and higher lows, which is a bullish technical indicator.
However, it is important to note that the cryptocurrency market is volatile and that prices can move quickly in either direction. It is always advisable to do your own research and to trade within your risk tolerance.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
Tomousdtsignal
TOMO target 2.8~3.51D time frame
-
TOMO consolidating in the support zone (white box)
Also the Fib retracement 0.382 level.
Here is a good timing to set trading plan.
TP: 2.9~3.5
SL: 0.82
*Notice SL is far from entry
TOMO/USDT shortToday we are exploring the possibility of a short on TOMO, whilst applying leverage to take advantage of a potential dip in the instruments value:
Entry: 0.484
Targets: 0.48 - 0.4755 - 0.4705
TOMOUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 3.7 - 4.5 - 5.5
after first target reached move ur stop to breakeven
stop: ~under 2.2 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to your questions or suggestions.
