TomiNet has been following this project for a long time and so far on the chart everything looks not quite bullish, but against the background of the growth of the whole market and the latest announcement from the developers that they are going to make an important statement at Binance Blockchain Week that will be held in early November in Istanbul, I expect a reversal on the chart.
At the moment the price is at the lower edge of the formed triangle, which serves as a trend line of support for the price.
The first target is the price rise to 0.236 by Fibo +20.4% from the current values.
The second target is 0.386 Fibo +36.3% from current values.
The third target is 0.618 Fibo +64.5% from current values.
In general, the area from 2.93 to 3.5$ is important due to the fact that there is a descending triangle trend line, if it is broken through and consolidated above it, I expect the continuation of the upward price movement.
Targets are marked on the chart.
This is not financial advice, everything you do you do at your own risk!
At the moment the price is at the lower edge of the formed triangle, which serves as a trend line of support for the price.
The first target is the price rise to 0.236 by Fibo +20.4% from the current values.
The second target is 0.386 Fibo +36.3% from current values.
The third target is 0.618 Fibo +64.5% from current values.
In general, the area from 2.93 to 3.5$ is important due to the fact that there is a descending triangle trend line, if it is broken through and consolidated above it, I expect the continuation of the upward price movement.
Targets are marked on the chart.
This is not financial advice, everything you do you do at your own risk!
Trade active:
TOMI has reached its first target, let's see what happens next.
Trade active:
TOMI has reached its second target