EricaCole

Telcoin Price analysis. December 2023, santa rally.

Long
KUCOIN:TELUSDT   Telcoin / Tether
Hi guys, I know we have been in a rather frustrating holding pattern for a few days/weeks on TEL , but I wanted to layout my slightly longer term thoughts on the technicals into next year. I believe these technicals, combined with every increasingly positive fundamentals, suggest an explosive move to the upside is indeed imminent. I know it gets tiring and emotionally draining when this coin tests your patience and you see other Alts flying, but hopefully this analysis can give you some comfort and keep your mind at ease that we will indeed, in my strong opinion, have a wonderful Christmas and 2024-2025 holding on to our dear $Tel.

This chart shows my near-mid-long term targets. Please let me know your thoughts.

*Major first resistance to watch - 0.0059 - 0.009259

*Second major resistance to watch - 0.018 - 0.024

*Third major resistance to watch - 0.030 - 0.043

Beyond that, biggest bull run yet to come (ultimate price discovery above 10 cents in my humble opinion)


Wishing everyone a wonderful festive season.

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