Short tomo on a deviation?Ive decided to short tomo at current price of 1.5245 with a stop at 1.5545 as a hedge against the long i entered at 1.51. Reason being that this last move may have been a deviation and a close below 1.55 was my ltf trigger that it was a deviation. Possible targets if it breaks 1.46-1.48 are 1.22, 1.03 and .91c that is why i see the potential for downside just as profitable as upside and why i am hedging my long with a short
TOMOUSDT trade ideas
Tomo Buy trade On RetracementHere is My Study On Tomo.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
Tomochain $TOMO Possible Playout ChartThe anticipated increase in TOMO's price is predicted to be followed by a decline due to the effects of distribution and profit-taking actions, which have led to TOMO experiencing a correction of over 30% in the past 7 days. It is forecasted that TOMO might witness a slight rise followed by a subsequent decrease, with a target at around $0.815. The potential for a rebound and subsequent drop is expected to amount to approximately -24.72%. Caution is advised when dealing with TOMO, as this asset has drawn public attention due to its price correction following a continuous period of growth.
Investors and traders are advised to exercise careful consideration and vigilance when navigating the current dynamics of TOMO, as the recent correction indicates a higher level of market volatility. It's essential to stay informed about market trends, fundamental developments, and to have a clear risk management strategy in place to navigate such scenarios.
TOMO/USDT hidden story TOMO start moving since Jan 1,2023, top wick pumped at May 28,2023 exactly 6 months without any major correction ,since June 1,2023 so far dropped 62% which now trying to make another Lower low ,hidden story is in between jan to June had so many up and down in the whole crypto market but didn't effect TOMO which some how is one of the low-mid market cap, starting Aug 20 selling pressure is on daily basis increasing since Aug 24 .which are telling as a lot of story.
TOMO/USDT Elliot Wave CountMy opinion is TOMO has finished the Expanded Flat Correction(bear market) and now in the first wave of the bull market. Tomo is playing a Regular Flat correction wave 4 and need to turn from 1.1467-0.6997 area to continue further upper movement unless my wave count is wrong.
TOMOUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
TOMOUSDT 12H Timeframe Short setup ! 📊 **Analysis by @LuciferCryptVIP**
**TOMO/USDT Short Setup Analysis**
📉 **Support and Liquidity Swap Levels:**
- Buy Zone: 1.0834 - 1.0461
- Strong Support: 1.0461
📈 **Resistance Levels:**
- Resistance 1: 1.5273
- Resistance 2: 1.6109
🎯 **Potential Targets:**
1. Target 1: 1.3428
2. Target 2: 1.2153
3. Target 3: 1.0988
📌 **Current Price: 1.4900**
📊 **Technical Analysis:**
- TOMO/USDT is currently trading near a critical resistance level at 1.5273.
- The price has exhibited a consolidation pattern, indicating a potential upcoming move.
- Strong support lies at 1.0461, serving as a crucial level to monitor for potential reversal or continuation.
- The targets present possible exit points for traders, with progressive downside potential.
- Traders are advised to exercise proper risk management and consider stop-loss strategies.
📈 **Trade Idea:**
- **Short Position Entry:** Upon a clear break below the strong support at 1.0461, consider entering a short position.
- **Targets:** Take profits at 1.3428, 1.2153, and 1.0988.
- **Stop-Loss:** Set a stop-loss above the resistance level at 1.6109.
🚨 **Risk Warning:** Trading involves substantial risk and may not be suitable for all investors. Ensure you understand the risks and have a solid risk management strategy.
This analysis is for educational purposes and not financial advice. Always do your own research before making trading decisions. Good luck!
@LuciferCryptVIP 🌟
(Note: This analysis is not financial advice. Please do your own research before making any trading decisions.)
#TOMO/USDT 12h (#Bybit) Ascending trendline breakdown and retestTomoChain seems likely to be rejected on TL resistance and head down towards 100MA support.
⚡️⚡️ #TOMO/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (1.7X)
Amount: 5.1%
Current Price:
1.5155
Entry Targets:
1) 1.5995
Take-Profit Targets:
1) 1.0505
Stop Targets:
1) 1.9665
Published By: @Zblaba
OMXSTO:TOMO #TOMOUSDT #TomoChain
Risk/Reward= 1:1.5
Expected Profit= +58.3%
Possible Loss= -39.0%
tomochain.com
Brief Analysis——TOMOToday we selected two tokens from the tokens listed on Binance for brief analysis. They are TOMO and STMX.
In the first half of 2023, TOMO rose with fluctuation, and the low point of each callback was higher than the previous one. There was an upward pin-bar on May.28. After that, the price went into a long period of fluctuation. In the last week the price was near the high again, but consecutive red candles appeared, and the price fell back near the lower rail of the yellow range. The slope of the decline is gradually increasing, and there is no bullish power in the process.
Conclusion: The high probability decline has not ended. TOMO maintains bullish on a large scale, but the bears is stronger than the bulls recently. The decline is likely to continue. However, the current price is close to the lower rail of the yellow range where the bulls will increase. So this conclusion is drawn. We set the resistance level at 1.65, the upper rail of the yellow zone, and set the support level at 0.97.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Tomo dumping as expected #tomo dump was predicted in last analysis. It retest the parallel channel and starts dumping as predicted. Checkout last analysis!
WHY TOMO COIN PRICE DROP TOO MUCH ? NEXT POSSIBLE MOVE !!OMXSTO:TOMO Coin Next Possible Move Near Me !!
• Major indicators Are Bearish on 1W , 1D & On 4h Chart.
• Currently Holding Now its Important Support if its Break then we will see its price b/w 1.22$- 1.10$.
• Bears Look strong as compared to bulls. (Fundametally its week take trade carefully )
Follow me For More analysis !!
TOMO scalp longon higher timeframes this coin looks very strong, especially on the 4d it is retesting a break above the purple box 1.49-1.53 should be defended.
stop loss is set at 1.4670 but because this coin is so volatile id only close on a complete 4h close below 1.48
price should grind higher to 1.77-2.4 or possibly higher
TOMOUSDT SHORT OUTLOOKHello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
TOMOUSDT- not like everyone elseHello everyone! TOMOUSDT has a pretty interesting graph that deserves to be analyzed. The coin generally has its own atmosphere, which is not affected by the rest of the crypto market. Now we see the "head and shoulders" support on the daily chart. It is difficult to ignore the force with which the coin goes up. Therefore, it looks very logical to reach the price of 2 USDT soon.
TOMO NO-MOlooking pretty dead on lower time frames, very distributive looking pattern. As always, tight invalidation with good R:R
Tomo Buy Trade Here is My Study On TOMO.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
Long TOMOTomo's chart is showing some strong technical signals. We've got a covert bullish divergence on the 12 hour chart. Combine that with some VWPA strength and the Money Flow is also suggesting heavy capital influx. If we can puncture this resistance level, TOMO could be making a run back to its last peak. Also, the 12-hour chart has been bouncing off of the 50 EMA, which is acting like a solid floor for Tomo.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
TOMO Long if Breaks Through 1.6185Red -> Green
Context: Green
Condition: Breaks Through 1.6185 and stand above
TOMO, TOMOUSD, TOMOUSDT, TOMOUSDT.P, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
TOMOUSDT.P possible cup&handle longIt looks like TOMO is forming a huge cup and handle on the weekly timeframe.
$TOMO Performing ascending triangleOMXSTO:TOMO Performing ascending triangle pattern bullish
What Is an Ascending Triangle?
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. The breakout can occur to the upside or downside.
Ascending triangles are often called continuation patterns since price will typically break out in the same direction as the trend that was in place just prior to the triangle forming.
1
CFA Institute. "Technical Analysis."
An ascending triangle is tradable in that it provides a clear entry point, profit target, and stop-loss level. It may be contrasted with a descending triangle.
KEY TAKEAWAYS
The trendlines of a triangle need to run along at least two swing highs and two swing lows.
Ascending triangles are considered a continuation pattern, as the price will typically break out of the triangle in the price direction prevailing before the triangle, although this won't always occur. A breakout in any direction is noteworthy.
A long trade is taken if the price breaks above the top of the pattern.
A short trade is taken if the price breaks below the lower trendline.
A stop loss is typically placed just outside the pattern on the opposite side from the breakout.
A profit target is calculated by taking the height of the triangle, at its thickest point, and adding or subtracting that to/from the breakout point.
#Tomo Signal today that's my analysis, do you have any idea :)
Tomo is on its way to 1.37 if breaks this point will go to 1.33
