Seems like TEL is forming a symm. Triangle
For short term I think it will re-visit 0.00185 as this is the POC -Point of control- of the coin which can flip the Trend back up to break the triangle to upside
For short term : I am bearish till we visit the POC
For long term : I think the triangle will break to upside.
You can buy/support from the POC which is in...
Tel just broke 4 days Down Trendline if we pass 0.021 we primed to move up higher to 0.0299 or pass 0.03 , Keep in mind all of this are effective if BTC don’t drop significantly. This just an idea not a financial advice
Tel is clearly operating in a symmetrical triangle on the 5 Day time frame.
One my conservative targets for $tel long-term is .43 cents.
Coincidentally that target is right in line with the fib 1.1618 level (Golden Ratio)
MACD selling pressure is starting to decreasing by pinkish histograms, which is a very good thing!
The MACD line is also crossing from...
From Technical Perspective:
- The price of Telcoin would hit the maximum of 0.8$ 32x from current price. Market Cap 32 billion dollars. It's not impossible.
From the Fundamental Perspective:
- I don't see how Telcoin can compete with Bitcoin Lightning Network
- The global Remittance Market is 700 billion dollar.
- Telcoin is trying to solve this problem by...
This coin is forming symmetrical triangle and break it and now HH AND HL in daily time frim , buy here and put stop in 0.0155 if daily candle close lower than it . target indicate in chart . if you want more idea and signal , please follow me
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
Telcoin possibly approaching a decisive movement!
Green bullish outlook: Push out of descending channel, successful retest off upper descending channel line, push past $0.02 then retest to confirm price breakout at the support zone (purple box), followed by a strong push to $0.03 (green dotted line)
Yellow corrective outlook: Falling out of the support zone...
With the recent correction, and "flash crash" **cough** timed manipulation tactic by whales that sank prices recently.
$Tel is still on pace to reach $1.
Within this new Andrews' Pitchfork Model $Tel would need to end up in that top area of blue upper channel to reach a price range of $1.50+
Which is my opinion isn't possible, but what i do think will happen is...
Telcoin - TEL - TEL is a HODL play with technical buy zone around .017 and below. TEL has a technical potential for major gains moving from penny levels. Keep this coin on your watch list. Edutainment Purposes only!
We can see this triangle tightening up, and comparing this to its previous step up its certainly not one to miss.
Buy in is anywhere in the triangle zone (green rectangle)
SL just downside of the triangle (red line)
My main target is 379% of where we are at the moment.
This is a trade that will take place over a couple months im expecting.
Tel is going to knock minds out..
0.029 remains the finish line before the actual party begins for $Tel
Lets see how strong it hold this 0.02 line position to the end.
Still cheap to get in now anyway.
Good and Big things comes to those who wait... I knwww this sound too cliche and religious but it is still true.
If there is one thing i have...
KUCOIN:TELUSDT is 15 days away from pinching between the bottom and top resistance that formed on March 7, 2021, which occurred just two breakouts ago. The most recent breakout took 14 days to complete and resulted in a +1,077% gain.
If history repeats itself for a 3rd time in a row, we'd be looking at a +1,105% gain by October 10th, if TEL...
(( please read the description ))
Tel coin started the uptrend today after hitting the MA 50 line, can it test the resistance!?
* The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone .
I tried to identify the points of support and resistance for you, Trade smartly, Good luck....