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CryptoZani
Apr 14, 2021 8:19 AM

TELUSDT 📞 on the Daily - KUCOIN 

Telcoin / TetherKuCoin

Description

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*NOT FINANCIAL ADVICE: DYOR - This idea is IMO personal use only*
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Channel from monthly view, expecting to retest my support line before breaking the 2nd flag formation and leg up IMO.
This is a HOLD and also Trade opportunity for me.

As always, watch for volume. Do your own research. Always be watching BTC .

Good chat.🤖
Comments
CryptoMitchX
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Your arrow dissapears when you press play haha!!!
CryptoZani
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@CryptoMitchX, How amazing has TEL performed?? and it's only upside from here, a great time to be loading up during this dip :D
CryptoMitchX
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@CryptoZani, It's been absolutely terrific!! :D Yes!!
ONE800GOTDETH
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Another great call! Much appreciated!

Some resistance on the order book at 0.0075, but thanks to your timely prediction my SL is above cost.
CryptoZani
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@ONE800GOTDETH, Heyyy! What a champion! That's awesome!!

I'm glad you get some value from my suggestions.
It's a great time to be in Crypto (of course with caution)

Stay tuned for some more ideas 🤖
ONE800GOTDETH
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@CryptoZani, for sure.

The volume's looking too weak for a pump this time, but definitely worth keeping an eye on future developments.

One thing I noticed early in the uptrend was that the vast majority of TEL sell orders seemed to be tied up in KuCoin's other two TEL trading pairs (TEL/ETH and TEL/BTC). I assume the sellers find ETH and BTC more desirable than USDT at the moment? I have to wonder if they decided too late in the game to make their prices lower and TEL volume availability higher for TEL/USDT trading pair, and by that point the momentum was lost.

I also have to wonder if trading bots jack up their selling prices excessively if they detect a supply scarcity, even when it's purely artificial and temporary, i.e., the supply is committed to other trading pairs' order books...
CryptoZani
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@ONE800GOTDETH, Yes good observations and exactly my sentiments also. It's interesting to see the buy/sell orders in those setups which smell of bots in play for sure. Very interesting indeed!
CryptoZani
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@ONE800GOTDETH, I hope you are still in this play!!! It's definitely worth loading up your TEL bag, still very much in the strong buy region ;)
ONE800GOTDETH
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@CryptoZani, I wish! Thanks for the heads-up, would have been a great move if I'd noticed this sooner!

Still waiting on BURGER to come back up at the moment - entered that one a bit more expensively than I should've + not making any further moves until I can see some profit from that one.
CryptoZani
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@ONE800GOTDETH, you are most welcome! I am really inspired to help others and see them win! I'll PM you on some other gems I am working on investing in also. One of which returned my $600 investment into $14,285 since 20th April (my birthday, less than 4 weeks ago). Amazing ROI! 🔥
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