Hello everybody. Today we are looking at OTC Stock TCEL. First, using the Bollinger Bands to find the resistance points in our channel (shown with orange arrows) we can see that we have to get enough buyers to break the .0010/.0011 area to continue moving up. If we succeed then I believe .0015 will be our next major resistance. Once above .0015 TCEL has a lot of room to run and can run hard. However, if things go south and .0005 gets broken then the party could be over so be careful.
Despite some dumps today $TCEL still managed to close at .0007 and is still showing some nice volume. Our indicators are still pretty bullish as well. Lets hope this uptrend continues and turns into a nice run. GL to all and hope we can all make some $$$$ on this one.
(FYI I am using Heikin Ashi Candles)
Despite some dumps today $TCEL still managed to close at .0007 and is still showing some nice volume. Our indicators are still pretty bullish as well. Lets hope this uptrend continues and turns into a nice run. GL to all and hope we can all make some $$$$ on this one.
(FYI I am using Heikin Ashi Candles)