It has now on the low liquidity side of the Price Action as it can be seen based on the previous Price Action when CRYPTO:TOMIUSD first launched. The area now is the last straw/hope for CRYPTO:TOMIUSD based on Price Action to not make a Lower Low furthermore, so its best to buy in this area, or any dip given below this but does not made any new low, will be...
TomiNet is having a strong rebound on today's (1d) candle, forming a Rising Support much like the March 14th Low.
If the pattern mimics that fractal, then this could be the start to a very aggressive rise.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 6.000 (Fibonacci 3.0 extension same as the March 24th High).
Tips:
1. When the MACD (1d) forms...
TomiNet (TOMIUSD) traded exactly as we planned on our analysis last month (see chart below):
The Channel Up since January is still holding, so does the 1D MA50 (blue trend-line) as Support and the price just broke above the 5.5000 Resistance today. In order to call for an upward extension, we need to see a 1D candle closing above it. If it does, we expect a...
TomiNet (TOMIUSD) is trading within a Channel Up pattern since the start of February and right now has almost done a Double Top on the Higher Highs trend-line. On the previous two occasions this has resulted in a pull-back marginally below the Channel's middle (dotted trend-line).
As long as the 1D MA50 (blue trend-line) is holding, we will buy the pull-back and...
