let it breath then jump back in after the confirmation at the bottom of .0060
Sooooooo bullish. Geee! How can you not see this? As soon as Bitcoin turns around this will rocket. Bullish pattern after bullish pattern.
Everything is moving along nicely. Nothing to be worried about at all.
You could Scalp this all day. But we're swing trading it. Check that out. 0.012 is on the cards in the next leg up.
TELUSDT - It seems like 5th wave will start soon. Wait for trendline breakout of 4th subwave correction to confirm the 5th subwave up. Pump with immediate low as stop level for target of new high. Give thumbs up if you really like the trade idea/analysis.
Volume Decrease is TEXTBOOK!! Lets gooo just a matter of time!
A descending triangle is clearly forming on this one. If price dumps below, I'd be waiting for a retest before taking any sell trades.
Telcoin is looking very bullish, and soon will break its all time high.
It should either bounce off of 0.0069 and go to 0.0075 Or drop down to fib retracement level at $0.0062 DISCOUNT!! $$$$ If this is making you worried, you don't know what you hold. BOOMS ARE COMING. BE PATIENT.
I've added the Fib retracement inside my long term trend. We can see that it is holding strong. There are small short term down trends where new buyers are panic selling. The centre line in the channel acts as an RSI. Falling Wedge Pattern should still be in play.
Tel continues to rally higher and is currently in a pennant formation, on an upwards trend. Will Tel hit $1 like many are saying on the Twitterverse? Time will tel but worth having a bag I'd say. (not financial advice). *** Exclusive Cryptohopper Signaler ***
In my previous chart, I showed where I thought TEL would turn bounce. It happened exactly as predicted.
I don't normally do this. A lot going on here with retracements, wedges and trendlines. But it looks like we are near a break out.
$TEL is breaking the descending channel. Confirmed a strong support at $0.0065, and then broke the descending triangle with a 30%+ run to the 0.0085 levels. I could test the $0.0065 support again before the next leg up. Although unlikely, a failed attempt to do this could mean that it will look for the next support at $0.0056.
Starting to show some bullish rsi divergence. This triangel is more bull than bear.
great company spent the whole last 2nd cycle completing all legal registrations so this cycle they can focus on rollout. looks like TEL ia going to begin to consolidate here as its finding support at .007ish....volume has dropped off which is good sign this little pullback is nothing more than a consolation phase while we get ready for next leg...wait for volume...
Inverse head and shoulders. Great fundamentals for this one. Product ready and in use.
Possible retracement to .0064 price range would be a good entry point once the excitement wears off. That would bring us back to the 10/20 moving averages and take us of of overbought territory on the RSI. Plus the chop would recharge some of its energy. Also its possible this might form a giant bowl at .01 and create a cup with handle. Move sideways at .01...