Tomo
🔮 Brace yourself for a market update! After careful analysis, it's evident that the recent breakout wasn't the real deal – it was a manipulation zone. Now, we're expecting a retest of key levels and possibly the beginning of a distribution phase. 📈📉
But remember, this isn't financial advice; it's crucial to conduct your research before making any trading...
BINANCE:TOMOUSDT
TOMO/USDT: Massive price decline to support level 0.9347 after testing 1.66, followed by a resumption of upside momentum.
A bullish breakout above resistance level 1.377, creating a new higher high or confirming the higher low pattern, would be required to validate this price action. At this point, a long entry could be considered.
The 4-hour...
BINANCE:TOMOUSDT situation is as follows:
A descending channel has formed, and we can confirm it with multiple price bounces off the channel. Ignore the shadows that extend beyond the channel; they are only stop hunts and liquidity grabs. There is a possibility that the price may decline to $1.25 and then bounce back up from there or complete the downtrend until...
1D time frame
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TOMO consolidating in the support zone (white box)
Also the Fib retracement 0.382 level.
Here is a good timing to set trading plan.
TP: 2.9~3.5
SL: 0.82
*Notice SL is far from entry
Today we are exploring the possibility of a short on TOMO, whilst applying leverage to take advantage of a potential dip in the instruments value:
Entry: 0.484
Targets: 0.48 - 0.4755 - 0.4705
Hello friends.
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Everything on the chart.
open pos: market and lower
target: 3.7 - 4.5 - 5.5
after first target reached move ur stop to breakeven
stop: ~under 2.2 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 5
risk is justified
Good luck everyone!
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