Believe $tel still has a lot more downside.
Seems it is sticking to the descending channel with little relief in the process.
It would be interesting to know if there are any NEW projects that are similar to Tel and could replace the coin in the next run, or even produce a similar run.
I feel law of diminishing returns could cap the potential of this coin,...
I expect this one to follow the previous pattern for a 5th impulse.
Take profit 1 set at 0.702 of Trend based fib. Performed well even with BTC being poo and has held support well in recent conditions.
