Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
In case of support and break's marked resistance area on the chart,
We can setup long position to next level,
Plz step by step save the profit and reset SL.
Short term support & resistance's marked on the chart.
This is not financial advise.
PLZ DYOR
With hopping success>>
Hi dear friends, hope you are well and welcome to the new update on Telcoin (TEL) token.
Previously we had a nice trade of TEL:
Now on a monthly time frame, TEL has formed a big bullish Gartley 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
Telcoin still hasn't fully come into it's accumulation zone. This is a level were we will look to spend some time accumulating at this level. As we can see on the chart, price has been making lower lows and highs. What we need to see is consolidation or accumulation. This will suggest value and equal exchange of that value at the defined price level. We have found...
We're having some volume here right now on 4H candle. These are the short term targets if it starts moving upwards. Let's see how it plays out subject to $BTC movement.
There's a bearish pennant pattern showing up that already formed, forgot to publish this.
For tel enthusiasts, your opportunity to scoop up cheap Tel is coming.
potential downside target 0.0003 - 0.0004. This area has strong support. I don't see it going much lower than this
i actually think it bounces of this target area.
For tel to be holding at .02 is very strong suepport considering at its peak it only went to .06 cents .2 cents is pretty good. I should have sold at .06 cents I was up tremendously but if you have rode any coin out this long as I have diamond hands without selling you would be a fool to sell now cause when you do the bull run will pump we can’t go any lower
Made some adjustments on my previous chart. On my previous post we broke out to the downside. If we don't bounce from here then there is a possibility that we go lower, much lower (see other parallel channel). Overall I'm still optimistic that sooner or later we will see some nice gains again! :)
Chart Pattern:
Telcoin is showing an inverse head and shoulders pattern as indicated in the chart. Inverse head and shoulders is a reversal pattern that usually happens at the bottom of a downtrend as is with Telcoin.
MACD:
Showing a decrease in day to day bearish volume further confirming a reversal is yet to come.
Personal Thoughts and opinions:
With both an...
Telcoin weekly chart; we need to break above the resistance trendline, once we retest and confirm the breakout this coin will start it's parabolic move.
BTC remain in positive territory, Tel coin will follow too.
TEL has broken out and retested the 100 day MA and 0.786 fib, with BMSB flipping bullish. All other coins that the BMSB has flipped have had good runs up just after.
TP of 0.013, TEL is a coin that pumps heavy so expecting it to smash through the support band and hit the target.
0.618 at 0.125 also, key area.
Looks to me like TEL is ready to break out. Has been basing for months and formed a strong support. MACD ready to cross to the upside.
If we continue up and form a golden cross in the next month or two, that will coinside with the wedge breakout. To the moon and beyond
#TELCOIN #TEL #APE
Tel currently is breaching overbought territory on the Jurik.
With that being said At some point $Tel has to cool off.
It’s looking to test resistance at 0.0083 & 0.01.
So what I think happens is that it takes 0.0083, and possibly rejects off of another resistance area of 0.098 - 0.01 area back down to 0.0083.
And try to take out 0.01.
This is of course...
KUCOIN
