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TELUSD trade ideas

TELUSD Small technical correction before rise to 0.02850Telcoin (TELUSD) has been trading within a Channel Up pattern since the September 08 2024 Low. The price has seen strong growth last week but is being corrected the past two days. Technically, this is a short-term pull-back within the long-term bullish trend. In fact, based on the first phase of the pattern, this is the Re-accumulation stage, which in the past has followed the first rally after the main Accumulation Stage. As long as the 1D MA50 (blue trend-line) supports, we expect TEL to resume the uptrend and, similar to November 2024, complete the Bullish Leg on the 5.0 Fibonacci extension. Our Target is 0.02850. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:TELUSDLong
by TradingShot
1
TELUSD: holding the 1D MA50 kickstarts rally to 0.0600Telcoin is neutral on its 1D technical outlook (RSI = 48.029, MACD = 0.000, ADX = 25.040) as it remains low on its 1D MA50 but for the time being well supported. It's been almost 1 month since the incredibly bullish 1D Golden Cross, which resembles the one of the previous Cycle on January 12th 2021. That was during the start of that year's alt season. The two fractals are identical both price-wise and in terms of RSI. If the 1D MA50 stays clear, we are looking for a ATH test (TP = 0.06000) even though technically we can easily see a test of the 3.0 Fibonacci extension. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:TELUSDLong
by InvestingScope
1
TEL - One final pump possibly forming!HITBTC:TELUSD I've been tracking TEL closely because she's a favorite position of mine, and she's treated me well, considering I got it back in February. I was reviewing my chart last night and realized TEL is still looking really bullish on the daily candle view (MACD is possibly crowning, and the gap between blue and orange lines is still widening). And on the 4-hour candle view, we're seeing that there could very well be another green MACD mountain, as the RSI is showing it's still not overbought yet either. Considering it just repeated basically the same pattern three times since April 30th, I'm applying that same timespan and average growth. We've seen 6 days of calm between pumps, and for this most recent surge, we've just hit that, AND the wedge is about to crown. I personally think she has one more jump in her for this run. What do you all think? * The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
HITBTC:TELUSDLong
by mattdim805
TEL - Forming a predictable pattern?HITBTC:TELUSD I ran a forecast on TEL/USD last week and noticed it was following a horizontal wedge pattern. I established the support and resistance lines and drew a green line to represent the same pattern it's been following in the prior weeks. Checking back today and I'm seeing it's following the same pattern to the T! It's trying to break out, but my guess is it'll have to cycle a few more times before it consolidates enough to break out. What are your thoughts?
HITBTC:TELUSD
by mattdim805