TEL had a massive run, similar to DNT. This subwave 1 of wave 5, TEL broke first. This is a good signal for DNT as it may follow this same trend too.
Anyways, back to TEL, if you draw a fib extension from the previous highs to the all time lows, you can find the 65c fib extension as a major target. When it comes to Elliott wave count, you can see than we have finished the wave 3, a month ago and now we are in the beginning of wave 5. This will be the last wave so profit taking on the way up it will be a wise choice to make.
Proper TA. agreed on the last wave before we see bear market. Everything goes with BTC narrative at moment. But we have the last hurrah to look forward to this market cycle.
I do however see great longterm potential for TEL, its got phenominal real world remitance utility so will sell 70% at the top and lock the rest up.
DEFI-trader
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@credexconsulting sounds like a good plan . I have a friend invested on TEL since the beginning. In the Philippines, they do real job.. good project and perhaps a winner