Hi dear friends, hope you are well and welcome to the new update on TokenClub (TCT).
On a 4-hr time frame, TCT has formed bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
💎Technical Analysis Summary💎
BINANCE: TCTBTC
-TCT found support at the previous daily swing low last May 2020
-This is good in the short term in terms of the sign of strength
-But this small bounce up is still not enough
-We need to see more bullish price action
-Like a pullback to double retest the key support area
-And break its immediate resistance around...
💎Technical Analysis Summary💎
BINANCE: TCTBTC
-TCT is on a strong downtrend after the blow-off top at 340 sat
-Its value has declined by -73% and keeps creating lower Highs
-If you are looking for a bounce play idea
-The next key area to be watching is around 80 sat range
-This zone is a strong confluence of previous support and resistance
-Plus the 200D...
TCT/BTC
-The price is unable to break the trendline resistance
-At around 85 sat area or higher
-If TCT will pullback at a key area
-The level needs to be watching is around 68 sat
-This is a confluence of two previous support
-If that level will hold and bounce up
-Chances of breaking the trendline resistance will increase
-As we all know, the more time the area...
TCT is making an adjustment to 80sts and then will make a new pump to 110-120sts in mid June
If 80sts can't stop the adjustment, we should wait at 65-70sts
Just need to remember one thing, 92sts is not the peak of this wave. I would be higher
