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May 12, 2023 11:26 AM

TOMIUSD Buy the pull-back on full displayΒ Long

tomiNetCRYPTO

Description

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TomiNet (TOMIUSD) is trading within a Channel Up pattern since the start of February and right now has almost done a Double Top on the Higher Highs trend-line. On the previous two occasions this has resulted in a pull-back marginally below the Channel's middle (dotted trend-line).

As long as the 1D MA50 (blue trend-line) is holding, we will buy the pull-back and target the recent High (Resistance) at 5.50000.


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Comments
DeGRAM
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Thank you for sharing your analysis
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