TELUSDT trade ideas
$Tel is Prime to Make a Run!!! 🏃🚀💰With the recent correction, and "flash crash" **cough** timed manipulation tactic by whales that sank prices recently.
$Tel is still on pace to reach $1.
Within this new Andrews' Pitchfork Model $Tel would need to end up in that top area of blue upper channel to reach a price range of $1.50+
Which is my opinion isn't possible, but what i do think will happen is that it will breach the bottom of that blue upper channel which is $1-1.10
$Tel has been consolidating for such a long time that i think it blows past the previous ATH and doesn't look back.
The worse case scenario for $tel in this new model, is that the price action ends up in the blue lower channel
(which i believe is highly unlikely imo), and $tel is sitting around $.10-.20 by the end of this bull run. Which i think
ends in sometime in the middle of DEC based on history.
What is more than likely to happen by the middle of dec is that $Tel ends up in the median green (bottom or top), or just breach the upper blue channel.
This means $Tel by the end of this bull run could s still sit around a price range of $.60 - $1. 10
Overall, There is nothing to worry about when it comes to $Tel. It's One of the Healthiest chart's I've seen, Trust me it will perform!
$Tel is bound to make a run, and when it runs there's no looking back!
TELUSDT - TICKER REQUESTTEL in a possible falling wedge, currently in the middle so a no trade zone for me.
I will be more interested if we can break the wedge bullish or if we have an other retest of the supportline of the wedge.
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+1100% TEL Descending Wedge Breakout Within Next 2 Weeks?History
KUCOIN:TELUSDT is 15 days away from pinching between the bottom and top resistance that formed on March 7, 2021, which occurred just two breakouts ago. The most recent breakout took 14 days to complete and resulted in a +1,077% gain.
Potential
If history repeats itself for a 3rd time in a row, we'd be looking at a +1,105% gain by October 10th, if TEL were to break out today.
Supportive Observations
Price action is within a descending wedge and has been knocking on the upper trendline, which is bullish.
RSI is at 42, which is the level it's been at immediately prior to numerous other breakouts.
The blue MACD line is curling up towards the signal line, and the red histogram bars are decreasing in volume, which is bullish.
Volume has been descending below the MA.
Waiting for a breakthrough and retest of the top trendline for support would be the safest time to secure a position.
The Information contained in this idea is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. You understand that you are using any and all Information available on or through this website at your own risk.
$Tel- On The MatterLike most Alts,Tel is not immune to the market volatility and btc woes. Right now,it is struggling not to crash below that July lower low and will need to make back above 0.026 to rejoin that recovery upper trendline.
Have repeatedly said that you gotta believe in a project to stay in it for the long haul..... sometimes it feels like supporting Arsenal FC(LOL!) but the most important thing is the fundamental behind the project ,the team and not just immediate cash out. I heard that some investors has been holding this gem since 2018 at about 0.0001 and still counting.
Time and Patience equals wealth maximization in crypto.
TELUsdt Nice for Buy. BIG PUMP ONwayI will try to find coins and tokens for you that are in a good position and have a high profitability
The Tel is one of those coins that has both a good position and a good profitability
Hopefully with a little patience you can make a good profit
Just be patient
GL
Supports:
0.018366 >>>EntryPoint
0.015790
0.013588
0.010957
Resistance: ( I Show You Resistace Area on chart)
0.020470
0.22113
Targets:
0.024319
0.027929
0.032101
0.039102
0.050265
0.069225
0.081783
0.103867
Rememebr like targets for HODl say me can update chart
GL
TELCOIN BULLISH TRENDLINETelcoin daily bullish trendline. I say if we close under the 200 moving average on the daily today, we might even see this trendline touch even sooner. Not only that but keep in mind that when we do bounce, we'd be breaking and retesting 3 moving averages at the same time which will boost us up even further! #TELFAM
(not financial advice)